ATUUF (Tenaz Energy) Cyclically Adjusted Book per Share: $3.09 (As of Mar. 2026)


ATUUF Tenaz Energy Corp ATUUF
69 GF Score
Price $32.90
GF Value $45.80
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Tenaz Energy Cyclically Adjusted Book per Share?

Tenaz Energy ATUUF 69 Cyclically Adjusted Book per Share is $3.09 as of Mar. 2026. GuruFocus rates ATUUF with a GF Score™ of 69/100 and a GF Value™ of $45.80 (Modestly Undervalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Tenaz Energy's adjusted book value per share for the three months ended in Mar. 2026 was $7.412. 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 $3.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tenaz Energy's average Cyclically Adjusted Book Growth Rate was -4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Tenaz Energy was 0.90% per year. The lowest was -20.20% per year. And the median was -9.15% per year.

As of today (2026-07-02), Tenaz Energy's current stock price is $32.9038. Tenaz Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.09. Tenaz Energy's Cyclically Adjusted PB Ratio of today is 10.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tenaz Energy was 16.59. The lowest was 0.16. And the median was 0.52.


Tenaz Energy  (OTCPK:ATUUF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Tenaz Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.9038/3.09
=10.65

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tenaz Energy was 16.59. The lowest was 0.16. And the median was 0.52.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Tenaz Energy Cyclically Adjusted Book per Share Related Terms


Tenaz Energy Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Tenaz Energy's Cyclically Adjusted Book per Share 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.

Tenaz Energy Cyclically Adjusted Book per Share Chart

Tenaz Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 3.06 3.47 3.05 3.00

Tenaz Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 3.13 3.42 2.77 3.00 3.09

ATUUF vs COP, EOG, FANG: Cyclically Adjusted Book per Share Comparison

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


Tenaz Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


ATUUF
69GF Score
Tenaz Energy Corp ATUUF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tenaz Energy Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Tenaz Energy's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=7.412/132.2623*132.2623
=7.412

Current CPI (Mar. 2026) = 132.2623.

Tenaz Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.469 102.002 3.201
201609 2.443 101.765 3.175
201612 2.437 101.449 3.177
201703 2.447 102.634 3.153
201706 2.521 103.029 3.236
201709 2.772 103.345 3.548
201712 2.613 103.345 3.344
201803 2.611 105.004 3.289
201806 2.774 105.557 3.476
201809 2.860 105.636 3.581
201812 2.724 105.399 3.418
201903 2.811 106.979 3.475
201906 2.912 107.690 3.576
201909 2.955 107.611 3.632
201912 3.002 107.769 3.684
202003 0.843 107.927 1.033
202006 0.794 108.401 0.969
202009 0.795 108.164 0.972
202012 1.814 108.559 2.210
202103 1.532 110.298 1.837
202106 1.559 111.720 1.846
202109 2.242 112.905 2.626
202112 1.794 113.774 2.086
202203 1.920 117.646 2.159
202206 1.929 120.806 2.112
202209 1.869 120.648 2.049
202212 1.870 120.964 2.045
202303 1.941 122.702 2.092
202306 1.997 124.203 2.127
202309 2.534 125.230 2.676
202312 2.681 125.072 2.835
202403 2.650 126.258 2.776
202406 2.615 127.522 2.712
202409 2.614 127.285 2.716
202412 2.342 127.364 2.432
202503 2.241 129.181 2.294
202506 7.327 129.892 7.461
202509 7.964 130.287 8.085
202512 9.990 130.366 10.135
202603 7.412 132.262 7.412

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of $3.09 mean?
Tenaz Energy (ATUUF) has a Cyclically Adjusted Book per Share of $3.09 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Tenaz Energy and its competitors.
Is Tenaz Energy's Cyclically Adjusted Book per Share too high?
Tenaz Energy's current Cyclically Adjusted Book per Share is $3.09. Overall, Tenaz Energy has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tenaz Energy's Cyclically Adjusted Book per Share compare to COP and EOG?
Tenaz Energy's Cyclically Adjusted Book per Share of $3.09 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Tenaz Energy and its competitors. Tenaz Energy's current Cyclically Adjusted Book per Share is $3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenaz Energy stock overvalued right now?
Based on GuruFocus' analysis, Tenaz Energy (ATUUF) is currently considered Modestly Undervalued. The stock's GF Value™ is $45.80, compared to a current price of $32.90 — trading 28.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is $3.09. Tenaz Energy's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Tenaz Energy (ATUUF), the current Cyclically Adjusted Book per Share is $3.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tenaz Energy (ATUUF) Overvalued in 2026?

Based on GuruFocus' analysis, Tenaz Energy stock appears to be undervalued. The current stock price of $32.90 is trading 28.2% below its estimated GF Value™ of $45.80. GuruFocus considers Tenaz Energy to be Modestly Undervalued.

Key valuation signals for ATUUF:

  • Cyclically Adjusted Book per Share: $3.09
  • GF Value™: $45.80 vs. price of $32.90 (28.2% below fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the ATUUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tenaz Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 7F4:GermanyTNZ:Canada
Address 605 5th Avenue SW, Suite 700, Calgary, AB, CAN, T2P 3H5
Tenaz Energy Corp is an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. Tenaz has domestic operations in Canada along with offshore natural gas and midstream assets in the Netherlands. The group produces crude oil and natural gas from several formations within the Mannville Group at Leduc-Woodbend in central Alberta. It has two operating segments Canadian business unit and the Netherlands business unit, and it derives revenue from the sale of petroleum and natural gas products such as heavy crude oil, light crude and medium crude oil, natural gas, and natural gas liquids of which key revenue is derived from the sale of heavy crude oil.
69GF Score

Get the complete analysis for ATUUF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$32.90
Price
$45.80
GF Value