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PJSC Lukoil (BUE:LKOD LI) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 09, 2024)


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What is PJSC Lukoil Cyclically Adjusted PB Ratio?

As of today (2024-06-09), PJSC Lukoil's current share price is ARS152.80. PJSC Lukoil's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ARS148.64. PJSC Lukoil's Cyclically Adjusted PB Ratio for today is 1.03.

The historical rank and industry rank for PJSC Lukoil's Cyclically Adjusted PB Ratio or its related term are showing as below:

BUE:LKOD LI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1   Max: 1.26
Current: 1.14

During the past years, PJSC Lukoil's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.55. And the median was 1.00.

BUE:LKOD LI's Cyclically Adjusted PB Ratio is ranked worse than
55.69% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs BUE:LKOD LI: 1.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PJSC Lukoil's adjusted book value per share data for the three months ended in Sep. 2023 was ARS33,533.249. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS148.64 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PJSC Lukoil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PJSC Lukoil's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PJSC Lukoil Cyclically Adjusted PB Ratio Chart

PJSC Lukoil Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.16 0.90 1.07 0.62

PJSC Lukoil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.62 0.67 0.78 1.03

Competitive Comparison of PJSC Lukoil's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, PJSC Lukoil's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PJSC Lukoil's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PJSC Lukoil's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PJSC Lukoil's Cyclically Adjusted PB Ratio falls into.



PJSC Lukoil Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

PJSC Lukoil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=152.80/148.64
=1.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PJSC Lukoil's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, PJSC Lukoil's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=33533.249/242.6000*242.6000
=33,533.249

Current CPI (Sep. 2023) = 242.6000.

PJSC Lukoil Quarterly Data

Book Value per Share CPI Adj_Book
201312 2,655.224 124.900 5,157.385
201403 3,394.748 127.800 6,444.177
201406 3,504.413 130.900 6,494.810
201409 3,716.162 132.700 6,793.827
201412 2,433.298 139.000 4,246.893
201503 3,829.187 149.400 6,217.944
201506 3,930.742 150.900 6,319.404
201509 4,340.160 153.500 6,859.432
201512 3,195.556 157.000 4,937.846
201603 3,934.520 160.200 5,958.268
201606 3,946.349 162.200 5,902.492
201609 4,330.337 163.300 6,433.189
201612 4,747.550 165.400 6,963.456
201703 5,043.656 167.000 7,326.892
201706 5,221.987 169.200 7,487.317
201709 5,869.079 168.200 8,465.152
201712 6,511.872 169.600 9,314.741
201803 7,118.743 171.000 10,099.456
201806 8,329.099 173.100 11,673.249
201809 12,539.903 173.900 17,493.850
201812 12,656.003 176.800 17,366.212
201903 14,268.054 179.900 19,240.855
201906 16,285.298 181.200 21,803.605
201909 17,979.703 180.800 24,125.420
201912 23,433.108 182.200 31,201.273
202003 20,841.214 184.500 27,404.220
202006 23,718.422 187.000 30,770.530
202009 24,315.177 187.400 31,477.385
202012 5,169.311 191.100 6,562.401
202103 31,364.419 195.200 38,980.574
202106 33,953.740 199.100 41,372.061
202109 36,901.140 201.300 44,472.015
202112 8,609.184 207.200 10,080.058
202203 7,285.934 227.800 7,759.296
202206 18,155.527 230.800 19,083.756
202209 23,709.063 228.800 25,139.068
202212 20,008.382 231.900 20,931.580
202303 20,757.721 235.800 21,356.332
202306 24,334.545 238.300 24,773.649
202309 33,533.249 242.600 33,533.249

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


PJSC Lukoil  (BUE:LKOD LI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


PJSC Lukoil Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of PJSC Lukoil's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PJSC Lukoil (BUE:LKOD LI) Business Description

Industry
Traded in Other Exchanges
Address
11, Sretensky Boulevard, Moscow, RUS, 101000
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.

PJSC Lukoil (BUE:LKOD LI) Headlines

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