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Oracle Energy (FRA:O2E) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is Oracle 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


Oracle Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Oracle 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.

Oracle Energy Cyclically Adjusted PB Ratio Chart

Oracle Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Oracle Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Oracle Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Oracle 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.

Oracle Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Oracle Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.02/125.4675*125.4675
=-0.020

Current CPI (Dec. 2023) = 125.4675.

Oracle Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.238 98.604 -0.303
201406 -0.276 99.473 -0.348
201409 -0.194 99.394 -0.245
201412 -0.388 98.367 -0.495
201503 -0.496 99.789 -0.624
201506 -0.574 100.500 -0.717
201509 -0.614 100.421 -0.767
201512 -0.670 99.947 -0.841
201603 -0.738 101.054 -0.916
201606 -0.804 102.002 -0.989
201609 -0.892 101.765 -1.100
201612 -0.998 101.449 -1.234
201703 -1.108 102.634 -1.355
201706 -1.025 103.029 -1.248
201709 -1.099 103.345 -1.334
201712 -0.948 103.345 -1.151
201803 -0.187 105.004 -0.223
201806 0.089 105.557 0.106
201809 -0.025 105.636 -0.030
201812 -0.051 105.399 -0.061
201903 -0.055 106.979 -0.065
201906 -0.059 107.690 -0.069
201909 -0.063 107.611 -0.073
201912 -0.028 107.769 -0.033
202003 -0.028 107.927 -0.033
202006 -0.029 108.401 -0.034
202009 -0.029 108.164 -0.034
202012 -0.029 108.559 -0.034
202103 -0.033 110.298 -0.038
202106 -0.038 111.720 -0.043
202109 0.003 112.905 0.003
202112 0.001 113.774 0.001
202203 -0.002 117.646 -0.002
202206 -0.005 120.806 -0.005
202209 -0.007 120.648 -0.007
202212 -0.009 120.964 -0.009
202303 -0.011 122.702 -0.011
202306 -0.013 124.203 -0.013
202309 -0.015 125.230 -0.015
202312 -0.020 125.468 -0.020

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.


Oracle Energy  (FRA:O2E) 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.


Oracle Energy Cyclically Adjusted PB Ratio Related Terms

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


Oracle Energy (FRA:O2E) Business Description

Industry
Traded in Other Exchanges
Address
1040 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4H1
Oracle Energy Corp is a junior oil and gas development company. It is engaged in acquiring, exploring, and evaluating oil and gas properties and developing these properties further or disposing of them when the evaluation is completed. The company operates in one business segment Oil and gas exploration.

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