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Vermilion Energy (Vermilion Energy) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 09, 2024)


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What is Vermilion Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Vermilion Energy's current share price is $11.25. Vermilion Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.18. Vermilion Energy's Cyclically Adjusted PB Ratio for today is 0.85.

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

VET' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 2.16   Max: 6.6
Current: 0.87

During the past years, Vermilion Energy's highest Cyclically Adjusted PB Ratio was 6.60. The lowest was 0.19. And the median was 2.16.

VET's Cyclically Adjusted PB Ratio is ranked better than
53.75% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs VET: 0.87

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.

Vermilion Energy's adjusted book value per share data for the three months ended in Mar. 2024 was $13.782. 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 $13.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vermilion Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vermilion 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.

Vermilion Energy Cyclically Adjusted PB Ratio Chart

Vermilion 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 1.29 0.36 0.99 1.41 0.90

Vermilion Energy 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 1.01 0.94 1.11 0.90 0.94

Competitive Comparison of Vermilion Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Vermilion 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.25/13.18
=0.85

* 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.

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

For example, Vermilion Energy'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)
=13.782/126.2576*126.2576
=13.782

Current CPI (Mar. 2024) = 126.2576.

Vermilion Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.463 99.473 22.165
201409 16.992 99.394 21.584
201412 16.335 98.367 20.967
201503 14.373 99.789 18.185
201506 14.561 100.500 18.293
201509 13.508 100.421 16.983
201512 12.103 99.947 15.289
201603 11.606 101.054 14.501
201606 10.904 102.002 13.497
201609 10.716 101.765 13.295
201612 10.006 101.449 12.453
201703 10.114 102.634 12.442
201706 10.247 103.029 12.557
201709 10.460 103.345 12.779
201712 9.894 103.345 12.088
201803 9.871 105.004 11.869
201806 13.254 105.557 15.853
201809 12.707 105.636 15.188
201812 13.731 105.399 16.448
201903 13.362 106.979 15.770
201906 12.820 107.690 15.030
201909 12.307 107.611 14.439
201912 11.920 107.769 13.965
202003 5.257 107.927 6.150
202006 4.804 108.401 5.595
202009 4.675 108.164 5.457
202012 4.552 108.559 5.294
202103 7.043 110.298 8.062
202106 9.411 111.720 10.636
202109 8.455 112.905 9.455
202112 9.948 113.774 11.040
202203 11.299 117.646 12.126
202206 12.675 120.806 13.247
202209 13.301 120.648 13.919
202212 15.338 120.964 16.009
202303 17.024 122.702 17.517
202306 17.514 124.203 17.804
202309 17.396 125.230 17.539
202312 13.926 125.072 14.058
202403 13.782 126.258 13.782

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.


Vermilion Energy  (NYSE:VET) 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.


Vermilion Energy Cyclically Adjusted PB Ratio Related Terms

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


Vermilion Energy (Vermilion Energy) Business Description

Industry
Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Suite 3500, Calgary, AB, CAN, T2P 0R3
Vermilion Energy Inc is an international oil and gas-producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well-completion techniques to keep production at attractive levels. It derives a majority of its revenue from Canada.