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Olivier Ventures (TSXV:OVL) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Olivier Ventures Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Olivier Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Olivier Ventures'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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Olivier Ventures Cyclically Adjusted PB Ratio Chart

Olivier Ventures Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
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Olivier Ventures Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Olivier Ventures's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Olivier Ventures'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.


Olivier Ventures's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Olivier Ventures 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.

Olivier Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Olivier Ventures's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-0.313/125.0724*125.0724
=-0.313

Current CPI (Jan. 2024) = 125.0724.

Olivier Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.238 98.920 -0.301
201407 -0.103 99.315 -0.130
201410 -0.113 99.473 -0.142
201501 -0.120 98.209 -0.153
201504 -0.131 99.710 -0.164
201507 -0.136 100.579 -0.169
201510 -0.144 100.500 -0.179
201601 -0.152 100.184 -0.190
201604 -0.160 101.370 -0.197
201607 -0.173 101.844 -0.212
201610 -0.183 102.002 -0.224
201701 -0.192 102.318 -0.235
201704 -0.202 103.029 -0.245
201707 -0.212 103.029 -0.257
201710 -0.214 103.424 -0.259
201801 -0.220 104.056 -0.264
201804 -0.225 105.320 -0.267
201807 -0.235 106.110 -0.277
201810 -0.237 105.952 -0.280
201901 -0.241 105.557 -0.286
201904 -0.245 107.453 -0.285
201907 -0.253 108.243 -0.292
201910 -0.258 107.927 -0.299
202001 -0.258 108.085 -0.299
202004 -0.262 107.216 -0.306
202007 -0.269 108.401 -0.310
202010 -0.271 108.638 -0.312
202101 -0.274 109.192 -0.314
202104 -0.276 110.851 -0.311
202107 -0.283 112.431 -0.315
202110 -0.285 113.695 -0.314
202201 -0.287 114.801 -0.313
202204 -0.290 118.357 -0.306
202207 -0.297 120.964 -0.307
202210 -0.299 121.517 -0.308
202301 -0.303 121.596 -0.312
202304 -0.306 123.571 -0.310
202307 -0.309 124.914 -0.309
202310 -0.311 125.310 -0.310
202401 -0.313 125.072 -0.313

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.


Olivier Ventures  (TSXV:OVL) 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.


Olivier Ventures Cyclically Adjusted PB Ratio Related Terms

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Olivier Ventures (TSXV:OVL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3
Olivier Ventures Inc is principally engaged in the acquisition, exploration, and development of oil and gas properties located in North America. The company owns an interest in Taber Property.

Olivier Ventures (TSXV:OVL) Headlines