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Whitecap Resources (Whitecap Resources) Cyclically Adjusted PB Ratio : 1.14 (As of May. 01, 2024)


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What is Whitecap Resources Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Whitecap Resources's current share price is $7.26. Whitecap Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.35. Whitecap Resources's Cyclically Adjusted PB Ratio for today is 1.14.

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

SPGYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 1.27   Max: 3.98
Current: 1.24

During the past years, Whitecap Resources's highest Cyclically Adjusted PB Ratio was 3.98. The lowest was 0.12. And the median was 1.27.

SPGYF's Cyclically Adjusted PB Ratio is ranked worse than
59.53% of 813 companies
in the Oil & Gas industry
Industry Median: 1.02 vs SPGYF: 1.24

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.

Whitecap Resources's adjusted book value per share data for the three months ended in Mar. 2024 was $6.712. 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 $6.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Whitecap Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Whitecap Resources'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.

Whitecap Resources Cyclically Adjusted PB Ratio Chart

Whitecap Resources 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 0.71 0.63 0.94 1.29 1.03

Whitecap Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.23 1.08 1.33 1.03 1.19

Competitive Comparison of Whitecap Resources's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Whitecap Resources'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.


Whitecap Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Whitecap Resources 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.

Whitecap Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.26/6.35
=1.14

* 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.

Whitecap Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Whitecap Resources's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.712/125.4675*125.4675
=6.712

Current CPI (Mar. 2024) = 125.4675.

Whitecap Resources Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.444 99.473 10.651
201409 8.465 99.394 10.686
201412 8.669 98.367 11.057
201503 7.723 99.789 9.710
201506 8.297 100.500 10.358
201509 6.658 100.421 8.319
201512 6.081 99.947 7.634
201603 6.179 101.054 7.672
201606 6.283 102.002 7.728
201609 6.153 101.765 7.586
201612 6.375 101.449 7.884
201703 6.422 102.634 7.851
201706 6.500 103.029 7.916
201709 6.999 103.345 8.497
201712 6.244 103.345 7.581
201803 6.097 105.004 7.285
201806 5.939 105.557 7.059
201809 6.056 105.636 7.193
201812 5.805 105.399 6.910
201903 5.697 106.979 6.682
201906 5.776 107.690 6.729
201909 5.821 107.611 6.787
201912 5.428 107.769 6.319
202003 1.366 107.927 1.588
202006 1.235 108.401 1.429
202009 1.259 108.164 1.460
202012 1.902 108.559 2.198
202103 2.677 110.298 3.045
202106 2.828 111.720 3.176
202109 4.583 112.905 5.093
202112 4.744 113.774 5.232
202203 5.611 117.646 5.984
202206 5.878 120.806 6.105
202209 5.950 120.648 6.188
202212 6.107 120.964 6.334
202303 6.297 122.702 6.439
202306 6.592 124.203 6.659
202309 6.553 125.230 6.565
202312 6.827 125.468 6.827
202403 6.712 125.468 6.712

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.


Whitecap Resources  (OTCPK:SPGYF) 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.


Whitecap Resources Cyclically Adjusted PB Ratio Related Terms

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


Whitecap Resources (Whitecap Resources) Business Description

Traded in Other Exchanges
Address
3800, 525 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1
Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold by Whitecap.

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