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Saturn Oil & Gas (TSX:SOIL) Cyclically Adjusted Book per Share : C$0.81 (As of Mar. 2024)


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What is Saturn Oil & Gas 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.

Saturn Oil & Gas's adjusted book value per share for the three months ended in Mar. 2024 was C$3.695. 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 C$0.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Saturn Oil & Gas's average Cyclically Adjusted Book Growth Rate was 62.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -9.80% 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 Saturn Oil & Gas was 2.90% per year. The lowest was -15.40% per year. And the median was -10.90% per year.

As of today (2024-06-01), Saturn Oil & Gas's current stock price is C$2.62. Saturn Oil & Gas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.81. Saturn Oil & Gas's Cyclically Adjusted PB Ratio of today is 3.23.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Saturn Oil & Gas was 7.56. The lowest was 2.25. And the median was 4.08.


Saturn Oil & Gas Cyclically Adjusted Book per Share Historical Data

The historical data trend for Saturn Oil & Gas'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.

Saturn Oil & Gas Cyclically Adjusted Book per Share Chart

Saturn Oil & Gas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.67 0.54 0.43 0.73

Saturn Oil & Gas 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 0.50 0.58 0.64 0.73 0.81

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

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


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

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

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



Saturn Oil & Gas 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, Saturn Oil & Gas'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)
=3.695/126.2576*126.2576
=3.695

Current CPI (Mar. 2024) = 126.2576.

Saturn Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.752 99.473 0.954
201409 0.785 99.394 0.997
201412 0.430 98.367 0.552
201503 0.365 99.789 0.462
201506 0.521 100.500 0.655
201509 0.560 100.421 0.704
201512 0.423 99.947 0.534
201603 0.508 101.054 0.635
201606 0.484 102.002 0.599
201609 0.510 101.765 0.633
201612 -0.071 101.449 -0.088
201703 -0.075 102.634 -0.092
201706 0.001 103.029 0.001
201709 0.011 103.345 0.013
201712 -0.094 103.345 -0.115
201803 -0.040 105.004 -0.048
201806 0.155 105.557 0.185
201809 0.430 105.636 0.514
201812 0.710 105.399 0.851
201903 0.924 106.979 1.091
201906 1.038 107.690 1.217
201909 1.000 107.611 1.173
201912 0.910 107.769 1.066
202003 0.981 107.927 1.148
202006 0.735 108.401 0.856
202009 0.682 108.164 0.796
202012 0.307 108.559 0.357
202103 0.168 110.298 0.192
202106 0.128 111.720 0.145
202109 -0.797 112.905 -0.891
202112 -1.204 113.774 -1.336
202203 -3.336 117.646 -3.580
202206 -2.654 120.806 -2.774
202209 2.591 120.648 2.711
202212 2.313 120.964 2.414
202303 3.800 122.702 3.910
202306 4.191 124.203 4.260
202309 3.402 125.230 3.430
202312 4.369 125.072 4.410
202403 3.695 126.258 3.695

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


Saturn Oil & Gas  (TSX:SOIL) 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.

Saturn Oil & Gas's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.62/0.81
=3.23

* 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 Saturn Oil & Gas was 7.56. The lowest was 2.25. And the median was 4.08.


Be Aware

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


Saturn Oil & Gas Cyclically Adjusted Book per Share Related Terms

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


Saturn Oil & Gas (TSX:SOIL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saturn Oil & Gas Inc (TSX:SOIL) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
207-9th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 1K3
Saturn Oil & Gas Inc is a resource company engaged in the business of acquiring, exploration, and development of petroleum and natural gas resource deposits in Canada. Its focus is to advance the exploration of its oil and gas properties in west-central and Southeast Saskatchewan. The Corporation is involved in the production, exploration and development of its oil and gas assets in Alberta as well as South-East and West-Central Saskatchewan.
Executives
John Jeffrey Director, Senior Officer

Saturn Oil & Gas (TSX:SOIL) Headlines