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Rompetrol Rafinare S.A. (BSE:RRC) Cyclically Adjusted Book per Share : lei0.10 (As of Sep. 2023)


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What is Rompetrol Rafinare S.A. 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.

Rompetrol Rafinare S.A.'s adjusted book value per share for the three months ended in Sep. 2023 was lei0.090. 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 lei0.10 for the trailing ten years ended in Sep. 2023.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Rompetrol Rafinare S.A. was 7.70% per year. The lowest was 7.70% per year. And the median was 7.70% per year.

As of today (2024-06-11), Rompetrol Rafinare S.A.'s current stock price is lei0.0815. Rompetrol Rafinare S.A.'s Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was lei0.10. Rompetrol Rafinare S.A.'s Cyclically Adjusted PB Ratio of today is 0.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rompetrol Rafinare S.A. was 1.20. The lowest was 0.66. And the median was 0.87.


Rompetrol Rafinare S.A. Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rompetrol Rafinare S.A.'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.

Rompetrol Rafinare S.A. Cyclically Adjusted Book per Share Chart

Rompetrol Rafinare S.A. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.07 0.08 0.10

Rompetrol Rafinare S.A. Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.10 0.10 0.10 0.10 0.10

Competitive Comparison of Rompetrol Rafinare S.A.'s Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Rompetrol Rafinare S.A.'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.


Rompetrol Rafinare S.A.'s Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Rompetrol Rafinare S.A.'s Cyclically Adjusted PB Ratio falls into.



Rompetrol Rafinare S.A. 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, Rompetrol Rafinare S.A.'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)
=0.09/129.8595*129.8595
=0.090

Current CPI (Sep. 2023) = 129.8595.

Rompetrol Rafinare S.A. Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.080 98.790 0.105
201312 0.071 98.326 0.094
201403 0.074 99.695 0.096
201406 0.070 100.560 0.090
201409 0.000 100.428 0.000
201412 0.060 99.070 0.079
201503 0.060 99.621 0.078
201506 0.063 100.684 0.081
201509 0.063 100.392 0.081
201512 0.071 99.792 0.092
201603 0.071 100.470 0.092
201606 0.075 101.688 0.096
201609 0.074 101.861 0.094
201612 0.081 101.863 0.103
201703 0.000 102.862 0.000
201706 0.079 103.349 0.099
201709 0.090 104.136 0.112
201712 0.120 104.011 0.150
201803 0.120 105.290 0.148
201806 0.121 106.317 0.148
201809 0.126 106.507 0.154
201812 0.115 105.998 0.141
201906 0.110 108.070 0.132
201909 0.109 108.329 0.131
201912 0.105 108.420 0.126
202003 0.000 108.902 0.000
202006 0.084 108.767 0.100
202009 0.000 109.815 0.000
202012 0.070 109.897 0.083
202103 0.068 111.754 0.079
202106 0.066 114.631 0.075
202109 0.060 115.734 0.067
202112 0.078 117.630 0.086
202203 0.051 121.301 0.055
202206 0.074 125.017 0.077
202209 0.096 125.227 0.100
202212 0.090 125.222 0.093
202303 0.093 127.348 0.095
202306 0.085 128.729 0.086
202309 0.090 129.860 0.090

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


Rompetrol Rafinare S.A.  (BSE:RRC) 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.

Rompetrol Rafinare S.A.'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0815/0.1
=0.82

* 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 Rompetrol Rafinare S.A. was 1.20. The lowest was 0.66. And the median was 0.87.


Be Aware

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


Rompetrol Rafinare S.A. Cyclically Adjusted Book per Share Related Terms

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


Rompetrol Rafinare S.A. (BSE:RRC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700
Rompetrol Rafinare S.A. is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.

Rompetrol Rafinare S.A. (BSE:RRC) Headlines