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PDC Energy (PDC Energy) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2023)


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What is PDC Energy 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.

PDC Energy's adjusted book value per share for the three months ended in Jun. 2023 was $50.838. 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 $0.00 for the trailing ten years ended in Jun. 2023.

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 (2024-05-05), PDC Energy's current stock price is $73.85. PDC Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $0.00. PDC Energy's Cyclically Adjusted PB Ratio of today is .


PDC Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for PDC Energy'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.

PDC Energy Cyclically Adjusted Book per Share Chart

PDC Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
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PDC Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of PDC Energy's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, PDC 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.


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

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

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



PDC Energy 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, PDC Energy'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)
=50.838/128.7287*128.7287
=50.838

Current CPI (Jun. 2023) = 128.7287.

PDC Energy Quarterly Data

Book Value per Share CPI Adj_Book
201309 26.678 98.790 34.763
201312 27.126 98.326 35.513
201403 27.071 99.695 34.955
201406 26.320 100.560 33.693
201409 27.934 100.428 35.806
201412 31.676 99.070 41.159
201503 34.009 99.621 43.946
201506 32.856 100.684 42.008
201509 31.914 100.392 40.922
201512 32.056 99.792 41.351
201603 32.831 100.470 42.065
201606 30.221 101.688 38.257
201609 35.305 101.861 44.617
201612 39.935 101.863 50.468
201703 40.618 102.862 50.832
201706 41.213 103.349 51.334
201709 36.842 104.136 45.543
201712 38.053 104.011 47.096
201803 37.856 105.290 46.283
201806 35.424 106.317 42.891
201809 35.449 106.507 42.845
201812 38.224 105.998 46.421
201903 36.415 107.251 43.708
201906 37.659 108.070 44.858
201909 38.092 108.329 45.265
201912 37.903 108.420 45.003
202003 28.767 108.902 34.004
202006 26.552 108.767 31.425
202009 26.283 109.815 30.810
202012 26.229 109.897 30.724
202103 26.049 111.754 30.006
202106 24.927 114.631 27.993
202109 26.116 115.734 29.048
202112 30.185 117.630 33.033
202203 28.906 121.301 30.676
202206 35.808 125.017 36.871
202209 42.936 125.227 44.137
202212 44.697 125.222 45.949
202303 48.174 127.348 48.696
202306 50.838 128.729 50.838

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


PDC Energy  (NAS:PDCE) 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.


Be Aware

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


PDC Energy Cyclically Adjusted Book per Share Related Terms

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


PDC Energy (PDC Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PDC Energy Inc (NAS:PDCE) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
1775 Sherman Street, Suite 3000, Denver, CO, USA, 80203
PDC Energy Inc is a domestic independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas and NGLs, with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Company's operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and Delaware Basin operations are focused in the horizontal Wolfcamp zones.
Executives
Sandra E. Jacoby officer: SVP, Corporate Administration 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Pamela R Butcher director P. O. BOX 116, ELK RAPIDS MI 49629
Carlos A. Sabater director 1140 ALFONSO AVENUE, CORAL GABLES FL 33146
Diana L Sands director 100 N RIVERSIDE PLAZA, M/C 5003-1001, CHICAGO IL 60606
Troy M. Welling officer: SVP, Operations 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Lynn A Peterson director 1625 BROADWAY, SUITE 250, DENVER CO 80202
Paul Korus director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Nicole L Martinet officer: SVP, General Counsel & Sec. 1775 SHERMAN ST, STE 3000, DENVER CO 80203
David Lillo officer: SVP, Operations C/O BONANZA CREEK ENERGY, INC., 410 17TH STREET, SUITE 1400, DENVER CO 80202
R Scott Meyers officer: CAO 120 GENESIS BLVD., BRIDGEPORT WV 26330
Brookman Barton R Jr officer: Sr. VP Exploratio & Production 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Lance Lauck officer: Sr. VP, Corp Development 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
David C Parke director C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Anthony J Crisafio director 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203
Jeffrey C Swoveland director C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203

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