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Arkanova Energy (Arkanova Energy) Cyclically Adjusted PB Ratio : (As of May. 01, 2024)


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What is Arkanova Energy 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


Arkanova Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arkanova Energy'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.

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Arkanova Energy Cyclically Adjusted PB Ratio Chart

Arkanova Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Cyclically Adjusted PB Ratio
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Arkanova Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Arkanova Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Arkanova Energy 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.

Arkanova Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 is calculated as:

For example, Arkanova Energy's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book=Book Value per Share/CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=-0.35/101.8610*101.8610
=-0.350

Current CPI (Sep. 2016) = 101.8610.

Arkanova Energy Quarterly Data

Book Value per Share CPI Adj_Book
200612 -0.002 85.142 -0.002
200703 0.288 86.640 0.339
200706 0.313 87.906 0.363
200709 0.416 87.964 0.482
200712 0.358 88.616 0.412
200803 0.355 90.090 0.401
200806 0.349 92.320 0.385
200809 0.333 92.307 0.367
200812 0.145 88.697 0.167
200903 0.116 89.744 0.132
200906 0.090 91.003 0.101
200909 0.062 91.120 0.069
200912 0.024 91.111 0.027
201003 0.007 91.821 0.008
201006 0.004 91.962 0.004
201009 -0.270 92.162 -0.298
201012 -0.249 92.474 -0.274
201103 -0.266 94.283 -0.287
201106 -0.256 95.235 -0.274
201109 -0.263 95.727 -0.280
201112 -0.114 95.213 -0.122
201203 -0.125 96.783 -0.132
201206 -0.131 96.819 -0.138
201209 -0.146 97.633 -0.152
201212 -0.141 96.871 -0.148
201303 -0.149 98.209 -0.155
201306 -0.158 98.518 -0.163
201309 -0.186 98.790 -0.192
201312 -0.198 98.326 -0.205
201403 -0.186 99.695 -0.190
201406 -0.204 100.560 -0.207
201409 -0.215 100.428 -0.218
201412 -0.228 99.070 -0.234
201503 -0.247 99.621 -0.253
201506 -0.265 100.684 -0.268
201509 -0.276 100.392 -0.280
201512 -0.288 99.792 -0.294
201603 -0.298 100.470 -0.302
201606 -0.309 101.688 -0.310
201609 -0.350 101.861 -0.350

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.


Arkanova Energy  (OTCPK:AKVA) 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.


Arkanova Energy Cyclically Adjusted PB Ratio Related Terms

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Arkanova Energy (Arkanova Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
305 Camp Craft Road, Suite 525, Austin, TX, USA, 78746
Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

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