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Razor Energy (Razor Energy) Cyclically Adjusted Book per Share : $-0.28 (As of Sep. 2023)


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What is Razor 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.

Razor Energy's adjusted book value per share for the three months ended in Sep. 2023 was $0.008. 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 $-0.28 for the trailing ten years ended in Sep. 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 (2024-06-10), Razor Energy's current stock price is $0.0001. Razor Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $-0.28. Razor Energy's Cyclically Adjusted PB Ratio of today is .

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Razor Energy was 47.57. The lowest was 0.21. And the median was 2.13.


Razor Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Razor 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.

Razor Energy Cyclically Adjusted Book per Share Chart

Razor Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.25 0.05 -0.16

Razor Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.13 -0.16 -0.24 -0.30 -0.28

Competitive Comparison of Razor Energy's Cyclically Adjusted Book per Share

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


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

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

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



Razor 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, Razor Energy's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.008/125.2304*125.2304
=0.008

Current CPI (Sep. 2023) = 125.2304.

Razor Energy Quarterly Data

Book Value per Share CPI Adj_Book
201312 -0.154 96.945 -0.199
201403 0.483 98.604 0.613
201406 0.469 99.473 0.590
201409 0.414 99.394 0.522
201412 0.773 98.367 0.984
201503 0.782 99.789 0.981
201506 0.745 100.500 0.928
201509 0.653 100.421 0.814
201512 0.423 99.947 0.530
201603 0.235 101.054 0.291
201606 0.170 102.002 0.209
201609 0.143 101.765 0.176
201612 -1.463 101.449 -1.806
201703 0.082 102.634 0.100
201706 0.619 103.029 0.752
201709 0.553 103.345 0.670
201712 0.638 103.345 0.773
201803 0.648 105.004 0.773
201806 0.742 105.557 0.880
201809 0.515 105.636 0.611
201812 0.616 105.399 0.732
201903 0.180 106.979 0.211
201906 0.073 107.690 0.085
201909 0.126 107.611 0.147
201912 -0.253 107.769 -0.294
202003 -1.247 107.927 -1.447
202006 -1.407 108.401 -1.625
202009 -1.498 108.164 -1.734
202012 -1.740 108.559 -2.007
202103 -1.956 110.298 -2.221
202106 -2.197 111.720 -2.463
202109 -1.808 112.905 -2.005
202112 -1.002 113.774 -1.103
202203 -1.033 117.646 -1.100
202206 -0.982 120.806 -1.018
202209 -1.190 120.648 -1.235
202212 -1.466 120.964 -1.518
202303 -1.685 122.702 -1.720
202306 0.096 124.203 0.097
202309 0.008 125.230 0.008

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


Razor Energy  (OTCPK:RZREF) 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Razor Energy was 47.57. The lowest was 0.21. And the median was 2.13.


Be Aware

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


Razor Energy Cyclically Adjusted Book per Share Related Terms

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


Razor Energy (Razor Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Razor Energy Corp (OTCPK:RZREF) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5
Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.

Razor Energy (Razor Energy) Headlines