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HF Sinclair (HF Sinclair) Cyclically Adjusted PB Ratio : 1.35 (As of May. 02, 2024)


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What is HF Sinclair Cyclically Adjusted PB Ratio?

As of today (2024-05-02), HF Sinclair's current share price is $54.3925. HF Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $40.27. HF Sinclair's Cyclically Adjusted PB Ratio for today is 1.35.

The historical rank and industry rank for HF Sinclair's Cyclically Adjusted PB Ratio or its related term are showing as below:

DINO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.63   Max: 5.51
Current: 1.33

During the past years, HF Sinclair's highest Cyclically Adjusted PB Ratio was 5.51. The lowest was 0.57. And the median was 1.63.

DINO's Cyclically Adjusted PB Ratio is ranked worse than
63.92% of 812 companies
in the Oil & Gas industry
Industry Median: 1 vs DINO: 1.33

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.

HF Sinclair's adjusted book value per share data for the three months ended in Dec. 2023 was $50.846. 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 $40.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


HF Sinclair Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HF Sinclair'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.

* Premium members only.

HF Sinclair Cyclically Adjusted PB Ratio Chart

HF Sinclair Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 0.83 0.94 1.37 1.38

HF Sinclair Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 1.37 1.25 1.13 1.42 1.38

Competitive Comparison of HF Sinclair's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, HF Sinclair'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.


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

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

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



HF Sinclair 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.

HF Sinclair's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.3925/40.27
=1.35

* 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.

HF Sinclair's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, HF Sinclair's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=50.846/129.4194*129.4194
=50.846

Current CPI (Dec. 2023) = 129.4194.

HF Sinclair Quarterly Data

Book Value per Share CPI Adj_Book
201403 30.410 99.695 39.477
201406 30.589 100.560 39.368
201409 30.450 100.428 39.240
201412 28.169 99.070 36.798
201503 28.900 99.621 37.544
201506 29.714 100.684 38.194
201509 30.384 100.392 39.169
201512 29.148 99.792 37.802
201603 28.817 100.470 37.120
201606 26.265 101.688 33.428
201609 26.412 101.861 33.558
201612 26.397 101.863 33.538
201703 25.899 102.862 32.586
201706 26.026 103.349 32.591
201709 27.352 104.136 33.993
201712 30.274 104.011 37.669
201803 31.573 105.290 38.809
201806 33.123 106.317 40.321
201809 34.463 106.507 41.877
201812 34.386 105.998 41.984
201903 35.511 107.251 42.851
201906 36.246 108.070 43.407
201909 37.193 108.329 44.434
201912 36.937 108.420 44.091
202003 34.557 108.902 41.068
202006 33.247 108.767 39.560
202009 32.936 109.815 38.816
202012 31.822 109.897 37.475
202103 32.376 111.754 37.494
202106 33.501 114.631 37.823
202109 35.243 115.734 39.410
202112 34.895 117.630 38.392
202203 36.358 121.301 38.791
202206 41.312 125.017 42.767
202209 44.702 125.227 46.199
202212 46.904 125.222 48.476
202303 48.208 127.348 48.992
202306 50.485 128.729 50.756
202309 54.268 129.860 54.084
202312 50.846 129.419 50.846

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.


HF Sinclair  (NYSE:DINO) 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.


HF Sinclair Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of HF Sinclair's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


HF Sinclair (HF Sinclair) Business Description

Industry
Traded in Other Exchanges
Address
2828 North Harwood, Suite 1300, Dallas, TX, USA, 75201
HF Sinclair is an integrated petroleum refiner that owns and operates seven refineries serving the Rockies, midcontinent, Southwest, and Pacific Northwest, with a total crude oil throughput capacity of 678,000 barrels per day. It can produce 380 million gallons of renewable diesel annually. It holds a marketing business with over 300 distributors and 1,500 wholesale branded sites across 30 states. It also has a 47% ownership stake in Holly Energy Partners, which owns and operates petroleum product pipelines and terminals principally in the southwestern United States, but has announced a proposal to purchase the remaining 53%.
Executives
James H Lee director 10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Indira Agarwal officer: VP, Controller and CAO 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Manuel J Fernandez director 1999 BRYAN STREET, DALLAS TX 75201
Franklin Myers director C/O CAMERON INT'L CORPORATION, 1333 WEST LOOP S. #1700, HOUSTON TX 77027
Vaishali S. Bhatia officer: SVP, General Counsel & Sec 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Valerie Pompa officer: EVP, Operations 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Michael Jennings director, officer: Chief Executive Officer 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Steven Ledbetter officer: EVP, Commercial 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Carol Holding 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Leldon E Echols director P O BOX 199000, 2728 N HARWOOD STREET, DALLAS TX 75201
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Anne-marie Ainsworth director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Robert J. Kostelnik director 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024-3411
R Craig Knocke director 2828 N HARWOOD SUITE 1300, DALLAS TX 75201
Atanas H Atanasov officer: EVP and CFO C/O NGL ENERGY PARTNERS LP, 6120 S. YALE AVENUE, SUITE 805, TULSA OK 74136