GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ACT Energy Technologies Ltd (OTCPK:CETEF) » Definitions » Cyclically Adjusted Book per Share

CETEF (ACT Energy Technologies) Cyclically Adjusted Book per Share : $8.75 (As of Mar. 2025)


View and export this data going back to 2009. Start your Free Trial

What is ACT Energy Technologies Cyclically Adjusted Book per Share?

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.

ACT Energy Technologies's adjusted book value per share for the three months ended in Mar. 2025 was $5.024. 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 $8.75 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ACT Energy Technologies's average Cyclically Adjusted Book Growth Rate was -15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.90% 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 ACT Energy Technologies was 10.70% per year. The lowest was -12.40% per year. And the median was 3.80% per year.

As of today (2025-05-17), ACT Energy Technologies's current stock price is $3.49. ACT Energy Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $8.75. ACT Energy Technologies's Cyclically Adjusted PB Ratio of today is 0.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ACT Energy Technologies was 0.71. The lowest was 0.03. And the median was 0.26.


ACT Energy Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for ACT Energy Technologies'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.

* Premium members only.

ACT Energy Technologies Cyclically Adjusted Book per Share Chart

ACT Energy Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.26 16.59 12.52 11.68 8.60

ACT Energy Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.36 10.34 9.88 8.60 8.75

Competitive Comparison of ACT Energy Technologies's Cyclically Adjusted Book per Share

For the Oil & Gas Drilling subindustry, ACT Energy Technologies'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.


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

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

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


;
;

ACT Energy Technologies 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, ACT Energy Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.024/129.1809*129.1809
=5.024

Current CPI (Mar. 2025) = 129.1809.

ACT Energy Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.569 100.500 22.583
201509 15.345 100.421 19.740
201512 13.587 99.947 17.561
201603 15.237 101.054 19.478
201606 14.617 102.002 18.512
201609 14.129 101.765 17.935
201612 13.124 101.449 16.712
201703 11.351 102.634 14.287
201706 11.318 103.029 14.191
201709 12.247 103.345 15.309
201712 11.255 103.345 14.069
201803 11.285 105.004 13.883
201806 10.953 105.557 13.404
201809 11.233 105.636 13.737
201812 9.388 105.399 11.506
201903 8.955 106.979 10.813
201906 8.351 107.690 10.018
201909 8.009 107.611 9.614
201912 7.317 107.769 8.771
202003 5.987 107.927 7.166
202006 5.624 108.401 6.702
202009 5.144 108.164 6.143
202012 4.416 108.559 5.255
202103 4.147 110.298 4.857
202106 2.592 111.720 2.997
202109 3.007 112.905 3.440
202112 2.898 113.774 3.290
202203 2.962 117.646 3.252
202206 3.039 120.806 3.250
202209 3.400 120.648 3.640
202212 3.538 120.964 3.778
202303 3.545 122.702 3.732
202306 3.681 124.203 3.829
202309 3.882 125.230 4.004
202312 3.875 125.072 4.002
202403 4.137 126.258 4.233
202406 4.212 127.522 4.267
202409 4.765 127.285 4.836
202412 4.926 127.364 4.996
202503 5.024 129.181 5.024

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


ACT Energy Technologies  (OTCPK:CETEF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.49/8.75
=0.40

* 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 ACT Energy Technologies was 0.71. The lowest was 0.03. And the median was 0.26.


Be Aware

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


ACT Energy Technologies Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of ACT Energy Technologies's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ACT Energy Technologies Business Description

Industry
Traded in Other Exchanges
Address
6030 - 3rd Street S.E., Calgary, AB, CAN, T2H 1K2
ACT Energy Technologies Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Company has two operating segments based on its geographic operating locations of Canada and U.S. and a non-operating segment, for joint corporate costs (Corporate services).

ACT Energy Technologies Headlines