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Calima Energy (ASX:CE1) Cyclically Adjusted PB Ratio : 0.22 (As of May. 28, 2024)


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What is Calima Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Calima Energy's current share price is A$0.13. Calima Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was A$0.60. Calima Energy's Cyclically Adjusted PB Ratio for today is 0.22.

The historical rank and industry rank for Calima Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:CE1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.26
Current: 0.21

During the past 13 years, Calima Energy's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.01. And the median was 0.05.

ASX:CE1's Cyclically Adjusted PB Ratio is ranked better than
85.57% of 818 companies
in the Oil & Gas industry
Industry Median: 0.98 vs ASX:CE1: 0.21

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.

Calima Energy's adjusted book value per share data of for the fiscal year that ended in Dec23 was A$0.133. 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 A$0.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calima Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Calima 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.

* Premium members only.

Calima Energy Cyclically Adjusted PB Ratio Chart

Calima Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.08 0.24 0.11

Calima Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 0.08 - 0.24 - 0.11

Competitive Comparison of Calima Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Calima 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.

Calima Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.13/0.6
=0.22

* 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.

Calima Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Calima Energy's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.133/125.0724*125.0724
=0.133

Current CPI (Dec23) = 125.0724.

Calima Energy Annual Data

Book Value per Share CPI Adj_Book
201412 1.535 98.367 1.952
201512 0.389 99.947 0.487
201612 0.329 101.449 0.406
201712 0.345 103.345 0.418
201812 0.729 105.399 0.865
201912 0.605 107.769 0.702
202012 0.519 108.559 0.598
202112 0.167 113.774 0.184
202212 0.206 120.964 0.213
202312 0.133 125.072 0.133

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.


Calima Energy  (ASX:CE1) 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.


Calima Energy Cyclically Adjusted PB Ratio Related Terms

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


Calima Energy (ASX:CE1) Business Description

Industry
Traded in Other Exchanges
Address
205 5 Ave SW, Suite 1000, Calgary, AB, CAN, T2P 0M9
Calima Energy Ltd is an oil and gas company. The company and its subsidiaries invest in oil and gas exploration and production projects. The company primarily focuses on finding and developing new projects. Its projects include Brooks, Thorsby, and Montney. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.

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