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Global Petroleum (LSE:GBP) Cyclically Adjusted PB Ratio : 0.02 (As of Jun. 08, 2024)


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What is Global Petroleum Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Global Petroleum's current share price is £0.00063. Global Petroleum's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun22 was £0.04. Global Petroleum's Cyclically Adjusted PB Ratio for today is 0.02.

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

LSE:GBP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.02
Current: 0.02

During the past 13 years, Global Petroleum's highest Cyclically Adjusted PB Ratio was 0.02. The lowest was 0.00. And the median was 0.00.

LSE:GBP's Cyclically Adjusted PB Ratio is ranked better than
97.82% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs LSE:GBP: 0.02

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.

Global Petroleum's adjusted book value per share data of for the fiscal year that ended in Jun22 was £0.002. 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 £0.04 for the trailing ten years ended in Jun22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Petroleum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global Petroleum'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.

Global Petroleum Cyclically Adjusted PB Ratio Chart

Global Petroleum Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.18 0.13 0.09 0.09

Global Petroleum Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.09 - 0.09 - -

Competitive Comparison of Global Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Global Petroleum'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.


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

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

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



Global Petroleum 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.

Global Petroleum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.00063/0.04
=0.02

* 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.

Global Petroleum's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun22 is calculated as:

For example, Global Petroleum's adjusted Book Value per Share data for the fiscal year that ended in Jun22 was:

Adj_Book=Book Value per Share/CPI of Jun22 (Change)*Current CPI (Jun22)
=0.002/117.1117*117.1117
=0.002

Current CPI (Jun22) = 117.1117.

Global Petroleum Annual Data

Book Value per Share CPI Adj_Book
201306 0.104 95.473 0.128
201406 0.050 98.352 0.060
201506 0.041 99.838 0.048
201606 0.036 100.859 0.042
201706 0.033 102.809 0.038
201806 0.025 104.945 0.028
201906 0.019 106.617 0.021
202006 0.013 106.246 0.014
202106 0.003 110.332 0.003
202206 0.002 117.112 0.002

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.


Global Petroleum  (LSE:GBP) 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.


Global Petroleum Cyclically Adjusted PB Ratio Related Terms

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


Global Petroleum (LSE:GBP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000
Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

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