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Vital Energy (FRA:8LP1) Cyclically Adjusted Book per Share : €74.03 (As of Mar. 2024)


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What is Vital Energy 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.

Vital Energy's adjusted book value per share for the three months ended in Mar. 2024 was €70.235. 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 €74.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Vital Energy's average Cyclically Adjusted Book Growth Rate was -11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.90% 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 Vital Energy was -4.00% per year. The lowest was -5.90% per year. And the median was -4.95% per year.

As of today (2024-05-28), Vital Energy's current stock price is €44.60. Vital Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €74.03. Vital Energy's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Vital Energy was 1.13. The lowest was 0.07. And the median was 0.53.


Vital Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vital 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.

* Premium members only.

Vital Energy Cyclically Adjusted Book per Share Chart

Vital Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.83 81.39 93.75 87.11 79.02

Vital 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 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 83.90 83.88 85.36 79.02 74.03

Competitive Comparison of Vital Energy's Cyclically Adjusted Book per Share

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


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

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

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



Vital 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, Vital 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)
=70.235/131.7762*131.7762
=70.235

Current CPI (Mar. 2024) = 131.7762.

Vital Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 129.477 100.560 169.671
201409 146.296 100.428 191.962
201412 176.462 99.070 234.719
201503 200.376 99.621 265.052
201506 160.693 100.684 210.317
201509 90.724 100.392 119.086
201512 11.288 99.792 14.906
201603 -3.847 100.470 -5.046
201606 0.718 101.688 0.930
201609 13.779 101.861 17.826
201612 14.152 101.863 18.308
201703 19.497 102.862 24.977
201706 23.809 103.349 30.358
201709 23.955 104.136 30.313
201712 53.349 104.011 67.590
201803 64.101 105.290 80.226
201806 69.819 106.317 86.538
201809 74.368 106.507 92.012
201812 88.242 105.998 109.702
201903 86.685 107.251 106.508
201906 100.196 108.070 122.176
201909 82.463 108.329 100.311
201912 63.861 108.420 77.618
202003 81.629 108.902 98.775
202006 27.967 108.767 33.883
202009 10.008 109.815 12.009
202012 -1.466 109.897 -1.758
202103 -4.465 111.754 -5.265
202106 -9.435 114.631 -10.846
202109 11.821 115.734 13.460
202112 26.630 117.630 29.833
202203 22.240 121.301 24.161
202206 37.343 125.017 39.362
202209 59.751 125.227 62.876
202212 62.554 125.222 65.828
202303 67.224 127.348 69.562
202306 79.601 128.729 81.485
202309 76.378 129.860 77.505
202312 72.121 129.419 73.434
202403 70.235 131.776 70.235

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


Vital Energy  (FRA:8LP1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=44.60/74.03
=0.60

* 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 Vital Energy was 1.13. The lowest was 0.07. And the median was 0.53.


Be Aware

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


Vital Energy Cyclically Adjusted Book per Share Related Terms

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


Vital Energy (FRA:8LP1) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vital Energy (FRA:8LP1) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
521 East Second Street, Suite 1000, Tulsa, OK, USA, 74120
Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

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