Viper Energy (FRA:1XJ) Cyclically Adjusted Book per Share: € (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:1XJ Viper Energy Inc FRA:1XJ
92 GF Score
Price €36.73
GF Value €42.77
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Viper Energy Cyclically Adjusted Book per Share?

Viper Energy FRA:1XJ +0.27% 92 Cyclically Adjusted Book per Share is € as of Jun. 2026. GuruFocus rates FRA:1XJ with a GF Score™ of 92/100 and a GF Value™ of €42.77 (Modestly Undervalued). The stock has 9 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.

Viper Energy's adjusted book value per share for the three months ended in Jun. 2026 was €46.991. 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 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Viper Energy's average Cyclically Adjusted Book Growth Rate was 18.90% 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.

As of today (2026-09-20), Viper Energy's current stock price is €36.73. Viper Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was . Viper Energy's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viper Energy was 5.12. The lowest was 2.71. And the median was 3.36.


Viper Energy  (FRA:1XJ) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Viper Energy was 5.12. The lowest was 2.71. And the median was 3.36.


Be Aware

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


Viper Energy Cyclically Adjusted Book per Share Related Terms


Viper Energy Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Viper 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.

Viper Energy Cyclically Adjusted Book per Share Chart

Viper 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 - - - - -

Viper Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

FRA:1XJ vs PAA, DTM, WES: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Midstream subindustry, Viper 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.


Viper Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


FRA:1XJ
92GF Score
Viper Energy Inc FRA:1XJ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viper 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, Viper Energy's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=46.991/333.9520*333.9520
=46.991

Current CPI (Jun. 2026) = 333.9520.

Viper Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.565 241.428 7.698
201612 5.916 241.432 8.183
201703 6.628 243.801 9.079
201706 6.171 244.955 8.413
201709 6.758 246.819 9.144
201712 6.683 246.524 9.053
201803 6.333 249.554 8.475
201806 19.895 251.989 26.366
201809 21.131 252.439 27.954
201812 20.950 251.233 27.848
201903 22.861 254.202 30.033
201906 22.490 256.143 29.322
201909 23.310 256.759 30.318
201912 28.713 256.974 37.314
202003 26.740 258.115 34.597
202006 25.484 257.797 33.012
202009 24.548 260.280 31.496
202012 23.107 260.474 29.625
202103 24.236 264.877 30.556
202106 24.130 271.696 29.659
202109 25.086 274.310 30.540
202112 24.997 278.802 29.942
202203 26.192 287.504 30.423
202206 28.600 296.311 32.233
202209 31.535 296.808 35.481
202212 29.704 296.797 33.423
202303 29.258 301.836 32.371
202306 29.428 305.109 32.210
202309 32.237 307.789 34.977
202312 30.029 306.746 32.692
202403 29.007 312.332 31.015
202406 29.324 314.175 31.170
202409 29.031 315.301 30.748
202412 36.642 315.605 38.772
202503 37.524 319.799 39.185
202506 55.969 322.561 57.946
202509 55.013 324.800 56.563
202512 51.618 324.054 53.195
202603 46.296 330.213 46.820
202606 46.991 333.952 46.991

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 € mean?
Viper Energy (FRA:1XJ) has a Cyclically Adjusted Book per Share of € as of Jun. 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 Viper Energy and its competitors.
Is Viper Energy's Cyclically Adjusted Book per Share too high?
Viper Energy's current Cyclically Adjusted Book per Share is €. Overall, Viper Energy has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viper Energy's Cyclically Adjusted Book per Share compare to PAA and DTM?
Viper Energy's Cyclically Adjusted Book per Share of € 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 Viper Energy and its competitors. Viper Energy's current Cyclically Adjusted Book per Share is €. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viper Energy stock overvalued right now?
Based on GuruFocus' analysis, Viper Energy (FRA:1XJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.77, compared to a current price of €36.73 — trading 14.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €. Viper Energy's overall GF Score™ is 92/100 with 9 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 Viper Energy (FRA:1XJ), the current Cyclically Adjusted Book per Share is € as of Jun. 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 Viper Energy (FRA:1XJ) Overvalued in 2026?

Based on GuruFocus' analysis, Viper Energy stock appears to be undervalued. The current stock price of €36.73 is trading 14.1% below its estimated GF Value™ of €42.77. GuruFocus considers Viper Energy to be Modestly Undervalued.

Key valuation signals for FRA:1XJ:

  • Cyclically Adjusted Book per Share:
  • GF Value™: €42.77 vs. price of €36.73 (14.1% below fair value)
  • GF Score™: 92/100 with 9 warning signs

No single metric tells the full story. See the FRA:1XJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Viper Energy Business Description

Industry EnergyOil & Gas
Other Exchanges VNOM:USA
Address 500 West Texas Avenue, Suite 100, Midland, TX, USA, 79701
Viper Energy Inc is focused on owning and acquiring mineral and royalty interests in oil and natural gas properties in the Permian Basin. The Permian Basin is known to have a number of zones of oil and natural gas-bearing rock throughout.
92GF Score

Get the complete analysis for FRA:1XJ

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

€36.73
Price
€42.77
GF Value