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S-Oil (XKRX:010950) Cyclically Adjusted PB Ratio : 1.10 (As of May. 19, 2024)


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What is S-Oil Cyclically Adjusted PB Ratio?

As of today (2024-05-19), S-Oil's current share price is ₩68800.00. S-Oil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩62,349.60. S-Oil's Cyclically Adjusted PB Ratio for today is 1.10.

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

XKRX:010950' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.75   Max: 2.91
Current: 1.1

During the past years, S-Oil's highest Cyclically Adjusted PB Ratio was 2.91. The lowest was 1.00. And the median was 1.75.

XKRX:010950's Cyclically Adjusted PB Ratio is ranked worse than
54.1% of 817 companies
in the Oil & Gas industry
Industry Median: 0.99 vs XKRX:010950: 1.10

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.

S-Oil's adjusted book value per share data for the three months ended in Dec. 2023 was ₩77,541.938. 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 ₩62,349.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


S-Oil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for S-Oil'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.

S-Oil Cyclically Adjusted PB Ratio Chart

S-Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 1.35 1.59 1.43 1.12

S-Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.43 1.34 1.10 1.28 1.12

Competitive Comparison of S-Oil's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, S-Oil'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.


S-Oil's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where S-Oil's Cyclically Adjusted PB Ratio falls into.



S-Oil 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.

S-Oil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=68800.00/62349.6
=1.10

* 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.

S-Oil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, S-Oil's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=77541.938/118.8477*118.8477
=77,541.938

Current CPI (Dec. 2023) = 118.8477.

S-Oil Quarterly Data

Book Value per Share CPI Adj_Book
201403 45,026.808 99.253 53,916.079
201406 45,612.838 99.353 54,562.830
201409 44,524.545 99.608 53,124.646
201412 42,079.711 99.098 50,465.972
201503 43,893.430 99.720 52,312.808
201506 47,576.657 100.050 56,515.505
201509 46,099.063 100.110 54,727.476
201512 46,210.409 100.220 54,799.449
201603 48,631.269 100.560 57,475.283
201606 52,441.218 100.790 61,836.672
201609 53,416.926 101.460 62,571.248
201612 54,814.252 101.560 64,144.819
201703 52,496.654 102.850 60,662.193
201706 53,072.341 102.610 61,470.867
201709 55,296.890 103.490 63,502.833
201712 58,688.424 102.990 67,724.869
201803 55,624.509 104.100 63,504.755
201806 57,024.154 104.130 65,083.929
201809 58,397.686 105.650 65,692.671
201812 55,481.219 104.350 63,189.413
201903 56,300.152 104.490 64,036.210
201906 55,000.644 104.880 62,325.515
201909 55,327.355 105.200 62,505.027
201912 55,716.503 105.120 62,992.563
202003 47,878.888 105.540 53,916.010
202006 47,383.402 104.870 53,698.945
202009 47,725.462 106.200 53,409.241
202012 48,723.357 105.765 54,750.031
202103 51,684.198 107.357 57,215.986
202106 55,212.213 107.579 60,995.816
202109 57,086.788 108.759 62,382.157
202112 59,937.528 109.676 64,949.591
202203 64,617.311 111.806 68,687.123
202206 73,330.679 114.083 76,393.484
202209 70,751.857 114.831 73,226.511
202212 72,782.522 115.200 75,086.982
202303 72,062.472 116.550 73,483.384
202306 71,869.286 117.140 72,917.079
202309 76,355.391 119.111 76,186.476
202312 77,541.938 118.848 77,541.938

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.


S-Oil  (XKRX:010950) 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.


S-Oil Cyclically Adjusted PB Ratio Related Terms

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


S-Oil (XKRX:010950) Business Description

Industry
Traded in Other Exchanges
Address
192 Baekbeom-ro, Mapo-gu, Seoul, KOR, 04196
S-Oil is an integrated energy company that operates a refinery, petrochemical, and lube oil business. Revenue is primarily derived from refining operations, with the majority of sales from Asian countries. Refining operations include a cracking center, which is used for replacement and low sulfurization of all products that actively respond to changes in market conditions. The company exports ultra-low-sulfur diesel fuel, processed to meet environmental regulations around the world. Other products from S-Oil facilities include LPG, naphtha, kerosene/diesel, B-C oil, and other crude oil byproducts.

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