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Transportadora de Gas del Sur (Transportadora de Gas del Sur) Cyclically Adjusted PB Ratio : 20.01 (As of Apr. 28, 2024)


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What is Transportadora de Gas del Sur Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Transportadora de Gas del Sur's current share price is $16.81. Transportadora de Gas del Sur's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.84. Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio for today is 20.01.

The historical rank and industry rank for Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio or its related term are showing as below:

TGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 7.86   Max: 27.54
Current: 21.93

During the past years, Transportadora de Gas del Sur's highest Cyclically Adjusted PB Ratio was 27.54. The lowest was 0.72. And the median was 7.86.

TGS's Cyclically Adjusted PB Ratio is ranked worse than
99.01% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs TGS: 21.93

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.

Transportadora de Gas del Sur's adjusted book value per share data for the three months ended in Dec. 2023 was $15.744. 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 $0.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transportadora de Gas del Sur Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Transportadora de Gas del Sur'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.

Transportadora de Gas del Sur Cyclically Adjusted PB Ratio Chart

Transportadora de Gas del Sur 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 9.11 7.07 4.45 8.76 17.87

Transportadora de Gas del Sur 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 8.76 7.76 11.86 12.24 17.87

Competitive Comparison of Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Transportadora de Gas del Sur'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.


Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio falls into.



Transportadora de Gas del Sur 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.

Transportadora de Gas del Sur's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.81/0.84
=20.01

* 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.

Transportadora de Gas del Sur's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Transportadora de Gas del Sur'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)
=15.744/129.4194*129.4194
=15.744

Current CPI (Dec. 2023) = 129.4194.

Transportadora de Gas del Sur Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 1.537 100.560 1.978
201409 1.512 100.428 1.948
201412 1.324 99.070 1.730
201503 1.314 99.621 1.707
201506 1.352 100.684 1.738
201509 1.196 100.392 1.542
201512 0.794 99.792 1.030
201603 0.641 100.470 0.826
201606 0.829 101.688 1.055
201609 0.839 101.861 1.066
201612 0.966 101.863 1.227
201703 1.254 102.862 1.578
201706 1.407 103.349 1.762
201709 1.503 104.136 1.868
201712 8.023 104.011 9.983
201803 2.122 105.290 2.608
201806 1.869 106.317 2.275
201809 0.728 106.507 0.885
201812 7.784 105.998 9.504
201903 5.785 107.251 6.981
201906 5.052 108.070 6.050
201909 4.498 108.329 5.374
201912 6.979 108.420 8.331
202003 5.643 108.902 6.706
202006 5.592 108.767 6.654
202009 5.614 109.815 6.616
202012 8.134 109.897 9.579
202103 5.787 111.754 6.702
202106 6.340 114.631 7.158
202109 7.017 115.734 7.847
202112 15.450 117.630 16.999
202203 9.166 121.301 9.779
202206 9.897 125.017 10.246
202209 10.672 125.227 11.029
202212 32.970 125.222 34.075
202303 11.128 127.348 11.309
202306 11.673 128.729 11.736
202309 10.886 129.860 10.849
202312 15.744 129.419 15.744

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.


Transportadora de Gas del Sur  (NYSE:TGS) 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.


Transportadora de Gas del Sur Cyclically Adjusted PB Ratio Related Terms

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


Transportadora de Gas del Sur (Transportadora de Gas del Sur) Business Description

Traded in Other Exchanges
Address
Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF
Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.

Transportadora de Gas del Sur (Transportadora de Gas del Sur) Headlines