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Linc Energy (ASX:LNC) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Linc Energy Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Linc Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Linc Energy's Cyclically Adjusted PB Ratio 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.

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Linc Energy Cyclically Adjusted PB Ratio Chart

Linc Energy Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Cyclically Adjusted PB Ratio
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Linc Energy Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Competitive Comparison of Linc Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Linc Energy'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.


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

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

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



Linc Energy Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Linc Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun15 is calculated as:

For example, Linc Energy's adjusted Book Value per Share data for the fiscal year that ended in Jun15 was:

Adj_Book=Book Value per Share/CPI of Jun15 (Change)*Current CPI (Jun15)
=0.04/99.8375*99.8375
=0.040

Current CPI (Jun15) = 99.8375.

Linc Energy Annual Data

Book Value per Share CPI Adj_Book
200606 0.053 79.777 0.066
200706 0.045 81.449 0.055
200806 0.417 85.071 0.489
200906 0.380 86.278 0.440
201006 0.500 88.971 0.561
201106 1.000 92.129 1.084
201206 0.874 93.244 0.936
201306 0.843 95.473 0.882
201406 0.503 98.352 0.511
201506 0.040 99.838 0.040

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


Linc Energy  (ASX:LNC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Linc Energy Cyclically Adjusted PB Ratio Related Terms

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Linc Energy (ASX:LNC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000
Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.