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Gazprom PJSC (Gazprom PJSC) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Gazprom PJSC 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


Gazprom PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gazprom PJSC'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.

Gazprom PJSC Cyclically Adjusted PB Ratio Chart

Gazprom PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.36 0.53 0.22

Gazprom PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 0.57 0.53 - 0.22 0.22

Competitive Comparison of Gazprom PJSC's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.


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

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

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



Gazprom PJSC 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.

Gazprom PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Gazprom PJSC's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=16.868/238.3000*238.3000
=16.868

Current CPI (Jun. 2023) = 238.3000.

Gazprom PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201212 22.651 117.300 46.016
201303 24.021 119.500 47.901
201306 0.000 121.400 0.000
201309 24.316 122.800 47.187
201312 24.820 124.900 47.355
201403 23.439 127.800 43.705
201406 0.000 130.900 0.000
201409 21.571 132.700 38.737
201412 15.107 139.000 25.899
201503 15.350 149.400 24.484
201506 15.967 150.900 25.215
201509 13.865 153.500 21.525
201512 12.587 157.000 19.105
201603 13.960 160.200 20.766
201606 14.750 162.200 21.670
201609 14.864 163.300 21.691
201612 16.004 165.400 23.058
201703 18.221 167.000 26.000
201706 17.128 169.200 24.123
201709 17.833 168.200 25.265
201712 18.259 169.600 25.655
201803 18.985 171.000 26.457
201806 17.654 173.100 24.304
201809 17.759 173.900 24.336
201812 17.313 176.800 23.335
201903 19.015 179.900 25.188
201906 19.474 181.200 25.611
201909 19.944 180.800 26.287
201912 19.252 182.200 25.180
202003 15.035 184.500 19.419
202006 16.665 187.000 21.237
202009 14.776 187.400 18.789
202012 16.160 191.100 20.151
202103 16.521 195.200 20.169
202106 17.329 199.100 20.741
202109 18.238 201.300 21.590
202112 18.592 207.200 21.383
202206 0.000 230.800 0.000
202212 21.768 231.900 22.369
202306 16.868 238.300 16.868

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.


Gazprom PJSC  (OTCPK:OGZPY) 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.


Gazprom PJSC Cyclically Adjusted PB Ratio Related Terms

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


Gazprom PJSC (Gazprom PJSC) Business Description

Industry
Traded in Other Exchanges
Address
St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.

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