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Oil India (BOM:533106) Cyclically Adjusted Book per Share : ₹293.99 (As of Mar. 2024)


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What is Oil India Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Oil India's adjusted book value per share for the three months ended in Mar. 2024 was ₹445.763. 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 ₹293.99 for the trailing ten years ended in Mar. 2024.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-10), Oil India's current stock price is ₹614.95. Oil India's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹293.99. Oil India's Cyclically Adjusted PB Ratio of today is 2.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oil India was 2.25. The lowest was 2.04. And the median was 2.14.


Oil India Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oil India's Cyclically Adjusted Book per Share 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.

Oil India Cyclically Adjusted Book per Share Chart

Oil India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 293.99

Oil India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - - - 293.99

Competitive Comparison of Oil India's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Oil India'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.


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

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

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



Oil India Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Oil India's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=445.763/153.0345*153.0345
=445.763

Current CPI (Mar. 2024) = 153.0345.

Oil India Quarterly Data

Book Value per Share CPI Adj_Book
200503 44.304 43.531 155.751
200603 54.656 45.521 183.744
200703 64.009 48.581 201.632
200803 74.139 52.407 216.495
200903 87.204 56.615 235.720
201003 114.481 65.030 269.406
201009 0.000 68.473 0.000
201103 129.736 70.768 280.551
201109 146.306 75.359 297.111
201203 147.550 76.889 293.674
201303 160.104 85.687 285.941
201403 172.018 91.425 287.938
201503 200.512 97.163 315.812
201603 209.419 102.518 312.611
201703 245.530 105.196 357.186
201803 255.793 109.786 356.557
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 215.818 118.202 279.416
201906 0.000 120.880 0.000
201909 275.970 123.175 342.869
201912 0.000 126.235 0.000
202003 214.041 124.705 262.665
202006 0.000 127.000 0.000
202009 255.187 130.118 300.131
202012 0.000 130.889 0.000
202103 218.242 131.771 253.460
202106 0.000 134.084 0.000
202109 259.364 135.847 292.179
202112 0.000 138.161 0.000
202203 281.830 138.822 310.684
202206 0.000 142.347 0.000
202209 342.804 144.661 362.646
202212 0.000 145.763 0.000
202303 354.861 146.865 369.769
202306 0.000 150.280 0.000
202309 370.198 151.492 373.967
202312 0.000 152.924 0.000
202403 445.763 153.035 445.763

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


Oil India  (BOM:533106) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Oil India's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=614.95/293.99
=2.09

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oil India was 2.25. The lowest was 2.04. And the median was 2.14.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Oil India Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Oil India's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Oil India (BOM:533106) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil India Ltd (BOM:533106) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Plot No. 19, Sector - 16A, Near Film City, Noida, UP, IND, 201301
Oil India Ltd. engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas. It also transports and refines crude oil, and provides various exploration and production services. Crude oil sales are the revenue generator for the firm. Oil India counts on a variety of different systems and processes to acquire reservoir information and to interpret geo-scientific data. The company has experience in managing the entire range of operations required for onshore oil and gas production. It has built expertise in wellbore servicing, installation, operation, and maintenance of modern surface handling facilities.

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