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Oil & Gas Development Co (KAR:OGDC) Cyclically Adjusted Book per Share : ₨184.10 (As of Mar. 2024)


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What is Oil & Gas Development Co 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 & Gas Development Co's adjusted book value per share for the three months ended in Mar. 2024 was ₨284.550. 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 ₨184.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Oil & Gas Development Co's average Cyclically Adjusted Book Growth Rate was 13.70% 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.

As of today (2024-05-26), Oil & Gas Development Co's current stock price is ₨139.16. Oil & Gas Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨184.10. Oil & Gas Development Co's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oil & Gas Development Co was 0.84. The lowest was 0.46. And the median was 0.59.


Oil & Gas Development Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oil & Gas Development Co'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 & Gas Development Co Cyclically Adjusted Book per Share Chart

Oil & Gas Development Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 129.52 149.01 167.65

Oil & Gas Development Co 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 161.97 167.65 173.07 176.64 184.10

Competitive Comparison of Oil & Gas Development Co's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Oil & Gas Development Co'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 & Gas Development Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oil & Gas Development Co's Cyclically Adjusted PB Ratio falls into.



Oil & Gas Development Co 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 & Gas Development Co'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)
=284.55/131.7762*131.7762
=284.550

Current CPI (Mar. 2024) = 131.7762.

Oil & Gas Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 91.997 100.560 120.556
201409 98.458 100.428 129.192
201412 97.496 99.070 129.683
201503 100.187 99.621 132.525
201506 102.890 100.684 134.664
201509 107.135 100.392 140.628
201512 107.843 99.792 142.407
201603 108.804 100.470 142.706
201606 111.286 101.688 144.214
201609 114.688 101.861 148.370
201612 114.763 101.863 148.465
201703 117.852 102.862 150.980
201706 119.273 103.349 152.080
201709 123.228 104.136 155.936
201712 124.049 104.011 157.163
201803 125.734 105.290 157.364
201806 128.009 106.317 158.663
201809 134.225 106.507 166.071
201812 135.955 105.998 169.019
201903 139.594 107.251 171.516
201906 150.250 108.070 183.210
201909 151.754 108.329 184.600
201912 152.768 108.420 185.678
202003 158.100 108.902 191.309
202006 165.212 108.767 200.161
202009 165.612 109.815 198.732
202012 170.529 109.897 204.480
202103 174.538 111.754 205.808
202106 178.948 114.631 205.712
202109 186.767 115.734 212.655
202112 191.714 117.630 214.770
202203 199.749 121.301 216.999
202206 203.536 125.017 214.541
202209 215.987 125.227 227.284
202212 221.441 125.222 233.032
202303 234.349 127.348 242.498
202306 251.782 128.729 257.743
202309 263.259 129.860 267.145
202312 275.975 129.419 281.001
202403 284.550 131.776 284.550

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


Oil & Gas Development Co  (KAR:OGDC) 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 & Gas Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=139.16/184.1
=0.76

* 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 & Gas Development Co was 0.84. The lowest was 0.46. And the median was 0.59.


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 & Gas Development Co Cyclically Adjusted Book per Share Related Terms

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


Oil & Gas Development Co (KAR:OGDC) Business Description

Industry
Traded in Other Exchanges
Address
Plot No. 3, Jinnah Avenue, OGDCL House, F-6/G-6, Blue Area, Islamabad, PAK
Oil & Gas Development Co Ltd is a Pakistani multinational oil and gas company. The company is engaged in the exploration, development, production, and sale of oil and gas. It produces crude oil, gas, liquefied petroleum gas, sulphur, and white petroleum products. The company's development projects include Kunnar Pasahki Deep-Tando Allah Yar, Sinjhoro, Uch-II, Jhal Magsi, Nashpa-Mela and Suleiman development project.

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