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CVR Energy (CVR Energy) Cyclically Adjusted PB Ratio : 2.69 (As of Apr. 27, 2024)


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What is CVR Energy Cyclically Adjusted PB Ratio?

As of today (2024-04-27), CVR Energy's current share price is $33.22. CVR Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.35. CVR Energy's Cyclically Adjusted PB Ratio for today is 2.69.

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

CVI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.27   Max: 4.2
Current: 2.7

During the past years, CVR Energy's highest Cyclically Adjusted PB Ratio was 4.20. The lowest was 0.70. And the median was 2.27.

CVI's Cyclically Adjusted PB Ratio is ranked worse than
82.94% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs CVI: 2.70

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.

CVR Energy's adjusted book value per share data for the three months ended in Dec. 2023 was $8.425. 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 $12.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CVR Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CVR Energy'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.

CVR Energy Cyclically Adjusted PB Ratio Chart

CVR Energy 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 2.78 0.99 1.24 2.40 2.45

CVR Energy 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 2.40 2.54 2.35 2.69 2.45

Competitive Comparison of CVR Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, CVR Energy'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.


CVR Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



CVR Energy 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.

CVR Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.22/12.35
=2.69

* 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.

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

For example, CVR Energy'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)
=8.425/129.4194*129.4194
=8.425

Current CPI (Dec. 2023) = 129.4194.

CVR Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.397 99.695 18.690
201406 15.211 100.560 19.576
201409 12.734 100.428 16.410
201412 11.380 99.070 14.866
201503 11.511 99.621 14.954
201506 12.185 100.684 15.663
201509 12.352 100.392 15.924
201512 11.334 99.792 14.699
201603 10.647 100.470 13.715
201606 10.742 101.688 13.671
201609 10.300 101.861 13.087
201612 9.882 101.863 12.555
201703 9.638 102.862 12.126
201706 9.018 103.349 11.293
201709 8.773 104.136 10.903
201712 10.584 104.011 13.170
201803 10.844 105.290 13.329
201806 10.169 106.317 12.379
201809 12.325 106.507 14.976
201812 12.792 105.998 15.619
201903 13.359 107.251 16.120
201906 13.767 108.070 16.487
201909 14.215 108.329 16.982
201912 13.856 108.420 16.540
202003 12.185 108.902 14.481
202006 11.738 108.767 13.967
202009 10.783 109.815 12.708
202012 10.136 109.897 11.937
202103 9.758 111.754 11.300
202106 4.804 114.631 5.424
202109 5.640 115.734 6.307
202112 5.501 117.630 6.052
202203 6.406 121.301 6.835
202206 7.649 125.017 7.918
202209 5.570 125.227 5.756
202212 5.282 125.222 5.459
202303 6.714 127.348 6.823
202306 7.510 128.729 7.550
202309 9.519 129.860 9.487
202312 8.425 129.419 8.425

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.


CVR Energy  (NYSE:CVI) 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.


CVR Energy Cyclically Adjusted PB Ratio Related Terms

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


CVR Energy (CVR Energy) Business Description

Industry
Traded in Other Exchanges
Address
2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.
Executives
Carl C Icahn director, 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iep Energy Holding Llc 10 percent owner 16690 COLLINS AVENUE, PH-1, SUNNY ISLES BEACH FL 33160
Ted Papapostolou director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Wright Michael H. Jr. officer: EVP & Chief Operating Officer CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Dane J. Neumann officer: Interim CFO, VP-Fin.&Treasurer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Jeffrey D. Conaway officer: VP, CAO & Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Willetts director 16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Kapiljeet Dargan director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Charles Douglas Johnson officer: EVP & Chief Commercial Officer 2277 PLAZA DR., SUITE 500, SUGAR LAND TX 77479
Jaffrey Adam Firestone director C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Lynn Landreth officer: EVP Chief Commercial Officer 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Patricia A. Agnello director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Melissa M Buhrig officer: EVP, General Counsel & Sec. C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Matthew W. Bley officer: CAO and Corp. Controller 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479

CVR Energy (CVR Energy) Headlines