GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultra Petroleum Corp (OTCPK:UPLCQ) » Definitions » Cyclically Adjusted Book per Share

Ultra Petroleum (Ultra Petroleum) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2020)


View and export this data going back to 1999. Start your Free Trial

What is Ultra Petroleum 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.

Ultra Petroleum's adjusted book value per share for the three months ended in Jun. 2020 was $-5.540. 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. 2020.

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 (2024-05-31), Ultra Petroleum's current stock price is $0.0061. Ultra Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2020 was $0.00. Ultra Petroleum's Cyclically Adjusted PB Ratio of today is .


Ultra Petroleum Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ultra Petroleum'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.

Ultra Petroleum Cyclically Adjusted Book per Share Chart

Ultra Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ultra Petroleum Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 - - - - -

Competitive Comparison of Ultra Petroleum's Cyclically Adjusted Book per Share

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


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

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

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



Ultra Petroleum 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, Ultra Petroleum's adjusted Book Value per Share data for the three months ended in Jun. 2020 was:

Adj_Book= Book Value per Share /CPI of Jun. 2020 (Change)*Current CPI (Jun. 2020)
=-5.54/108.7673*108.7673
=-5.540

Current CPI (Jun. 2020) = 108.7673.

Ultra Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201009 13.738 92.162 16.213
201012 14.313 92.474 16.835
201103 15.227 94.283 17.566
201106 16.510 95.235 18.856
201109 18.373 95.727 20.876
201112 20.040 95.213 22.893
201203 20.970 96.783 23.567
201206 6.125 96.819 6.881
201209 -1.374 97.633 -1.531
201212 -7.245 96.871 -8.135
201303 -7.049 98.209 -7.807
201306 -5.529 98.518 -6.104
201309 -4.723 98.790 -5.200
201312 -4.154 98.326 -4.595
201403 -2.851 99.695 -3.110
201406 -1.546 100.560 -1.672
201409 0.065 100.428 0.070
201412 2.654 99.070 2.914
201503 2.969 99.621 3.242
201506 2.681 100.684 2.896
201509 2.690 100.392 2.914
201512 -37.431 99.792 -40.797
201603 -37.641 100.470 -40.749
201606 -37.449 101.688 -40.056
201609 -36.197 101.861 -38.651
201612 -36.594 101.863 -39.074
201703 -37.697 102.862 -39.861
201706 -4.789 103.349 -5.040
201709 -6.406 104.136 -6.691
201712 -5.881 104.011 -6.150
201803 -5.566 105.290 -5.750
201806 -5.657 106.317 -5.787
201809 -5.552 106.507 -5.670
201812 -5.313 105.998 -5.452
201903 -4.631 107.251 -4.696
201906 -4.328 108.070 -4.356
201909 -4.265 108.329 -4.282
201912 -4.269 108.420 -4.283
202003 -5.351 108.902 -5.344
202006 -5.540 108.767 -5.540

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


Ultra Petroleum  (OTCPK:UPLCQ) 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.


Ultra Petroleum Cyclically Adjusted Book per Share Related Terms

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


Ultra Petroleum (Ultra Petroleum) Business Description

Industry
Traded in Other Exchanges
N/A
Address
116 Inverness Drive East, Suite 400, Englewood, CO, USA, 80112
Ultra Petroleum Corp is an independent oil and gas company. The company is engaged in the development, production, operation, exploration, and acquisition of oil and natural gas properties. It's Pinedale and Jonah Fields in southwest Wyoming's Green River Basin are two of the largest natural gas fields in the United States.
Executives
Kason Kerr officer: VP, Gen Counsel, Corp Secy C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
Scoggins Edward Andrew Jr. director C/O ULTRA PETROLEUM CORP, 400 NORTH SAM HOUSTON PKWY EAST, ST 1200, HOUSTON TX 77060
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
Mark T Solomon officer: VP, Chf Acctg Ofr, Controller C/O ULTRA PETROLEUM CORP., 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Stratton J. Jay Jr. officer: Sr VP, Chief Operating Officer C/O ULTRA PETROLEUM CORP. 116 EAST INVERNESS DRIVE, SUITE 400 ENGLEWOOD CO 80112
C Bradley Johnson director, officer: President and CEO C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
David W Honeyfield officer: Sr VP, Chief Financial Officer C/O ULTRA PETROLEUM CORP., 116 INVERNESS DRIVE EAST SUITE 400, ENGLEWOOD CO 80112
Fir Tree Inc. 10 percent owner 500 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10110
Michael J Keeffe director 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
James N Whyte officer: Sr VP, Chief HR Officer C/O ULTRA PETROLEUM CORP, 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Stephen James Mcdaniel director 363 N. SAM HOUSTON PARKWAY E., SUITE 1200, HOUSTON TX 77060
Alan J. Mintz director 555 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10017
A Kent Rogers officer: V.P., Drilling & Completions 400 N. SAM HOUSTON PARKWAY E. SUITE 1200 HOUSTON TX 77060
Maree K. Delgado officer: See Remarks 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112

Ultra Petroleum (Ultra Petroleum) Headlines

From GuruFocus