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Jericho Energy Ventures (Jericho Energy Ventures) Cyclically Adjusted Book per Share : $0.19 (As of Mar. 2024)


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What is Jericho Energy Ventures 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.

Jericho Energy Ventures's adjusted book value per share for the three months ended in Mar. 2024 was $0.052. 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 $0.19 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-05), Jericho Energy Ventures's current stock price is $0.1345. Jericho Energy Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.19. Jericho Energy Ventures's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jericho Energy Ventures was 1.01. The lowest was 0.00. And the median was 0.00.


Jericho Energy Ventures Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jericho Energy Ventures'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.

Jericho Energy Ventures Cyclically Adjusted Book per Share Chart

Jericho Energy Ventures 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 - - 0.17 0.17 0.20

Jericho Energy Ventures 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 0.20 0.19 0.20 0.20 0.19

Competitive Comparison of Jericho Energy Ventures's Cyclically Adjusted Book per Share

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


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

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

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



Jericho Energy Ventures 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, Jericho Energy Ventures'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)
=0.052/126.2576*126.2576
=0.052

Current CPI (Mar. 2024) = 126.2576.

Jericho Energy Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.166 99.473 0.211
201409 0.158 99.394 0.201
201412 0.197 98.367 0.253
201503 0.188 99.789 0.238
201506 0.184 100.500 0.231
201509 0.172 100.421 0.216
201512 0.281 99.947 0.355
201603 0.197 101.054 0.246
201606 0.188 102.002 0.233
201609 0.177 101.765 0.220
201612 0.248 101.449 0.309
201703 0.242 102.634 0.298
201706 0.237 103.029 0.290
201709 0.269 103.345 0.329
201712 0.297 103.345 0.363
201803 0.267 105.004 0.321
201806 0.261 105.557 0.312
201809 0.255 105.636 0.305
201812 0.250 105.399 0.299
201903 0.242 106.979 0.286
201906 0.236 107.690 0.277
201909 0.230 107.611 0.270
201912 0.199 107.769 0.233
202003 0.144 107.927 0.168
202006 0.119 108.401 0.139
202009 0.116 108.164 0.135
202012 0.084 108.559 0.098
202103 0.092 110.298 0.105
202106 0.088 111.720 0.099
202109 0.083 112.905 0.093
202112 0.079 113.774 0.088
202203 0.082 117.646 0.088
202206 0.077 120.806 0.080
202209 0.075 120.648 0.078
202212 0.078 120.964 0.081
202303 0.077 122.702 0.079
202306 0.071 124.203 0.072
202309 0.065 125.230 0.066
202312 0.054 125.072 0.055
202403 0.052 126.258 0.052

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


Jericho Energy Ventures  (OTCPK:JROOF) 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.

Jericho Energy Ventures's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1345/0.19
=0.71

* 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 Jericho Energy Ventures was 1.01. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Jericho Energy Ventures Cyclically Adjusted Book per Share Related Terms

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


Jericho Energy Ventures (Jericho Energy Ventures) Business Description

Industry
Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3
Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company has two reportable operating businesses. One is focused on low carbon technologies and the other related to production of crude oil and natural gas.

Jericho Energy Ventures (Jericho Energy Ventures) Headlines

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