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Pakistan State Oil Co (KAR:PSO) Cyclically Adjusted Book per Share : ₨335.11 (As of Mar. 2024)


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What is Pakistan State Oil 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.

Pakistan State Oil Co's adjusted book value per share for the three months ended in Mar. 2024 was ₨506.271. 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 ₨335.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pakistan State Oil Co's average Cyclically Adjusted Book Growth Rate was 14.10% 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 (2024-06-07), Pakistan State Oil Co's current stock price is ₨165.00. Pakistan State Oil Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨335.11. Pakistan State Oil Co's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pakistan State Oil Co was 1.04. The lowest was 0.34. And the median was 0.56.


Pakistan State Oil Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pakistan State Oil 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.

Pakistan State Oil Co Cyclically Adjusted Book per Share Chart

Pakistan State Oil 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 - - 219.94 273.62 304.53

Pakistan State Oil 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 293.59 304.53 315.84 321.98 335.11

Competitive Comparison of Pakistan State Oil Co's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Pakistan State Oil 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.


Pakistan State Oil Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Pakistan State Oil 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, Pakistan State Oil 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)
=506.271/131.7762*131.7762
=506.271

Current CPI (Mar. 2024) = 131.7762.

Pakistan State Oil Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 167.467 100.560 219.454
201409 176.384 100.428 231.442
201412 178.309 99.070 237.175
201503 178.099 99.621 235.585
201506 175.325 100.684 229.467
201509 180.125 100.392 236.436
201512 187.214 99.792 247.217
201603 179.573 100.470 235.527
201606 195.073 101.688 252.792
201609 199.310 101.861 257.845
201612 210.653 101.863 272.514
201703 218.803 102.862 280.307
201706 219.075 103.349 279.334
201709 229.639 104.136 290.592
201712 228.377 104.011 289.341
201803 238.399 105.290 298.371
201806 235.269 106.317 291.608
201809 244.167 106.507 302.097
201812 240.837 105.998 299.408
201903 244.407 107.251 300.297
201906 261.670 108.070 319.071
201909 271.716 108.329 330.526
201912 271.840 108.420 330.400
202003 258.815 108.902 313.179
202006 239.766 108.767 290.487
202009 251.890 109.815 302.264
202012 259.708 109.897 311.413
202103 273.541 111.754 322.548
202106 298.680 114.631 343.352
202109 323.962 115.734 368.866
202112 355.231 117.630 397.953
202203 434.504 121.301 472.026
202206 469.637 125.017 495.029
202209 473.511 125.227 498.277
202212 456.993 125.222 480.913
202303 484.636 127.348 501.489
202306 479.278 128.729 490.624
202309 529.265 129.860 537.077
202312 496.732 129.419 505.778
202403 506.271 131.776 506.271

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


Pakistan State Oil Co  (KAR:PSO) 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.

Pakistan State Oil Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=165.00/335.11
=0.49

* 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 Pakistan State Oil Co was 1.04. The lowest was 0.34. And the median was 0.56.


Be Aware

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


Pakistan State Oil Co Cyclically Adjusted Book per Share Related Terms

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


Pakistan State Oil Co (KAR:PSO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
PSO House, Khayaban-e-Iqbal, Clifton, Karachi, SD, PAK, 75600
Pakistan State Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum and related products. It also blends and markets lubricating oils. It comprises three reportable segments namely Petroleum products, Liquefied Natural Gas (LNG), and Others. The majority of the company's revenues are derived from the petroleum products segment.