PrimeEnergy Resources (FRA:PEJ) Cyclically Adjusted Book per Share: €72.55 (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:PEJ PrimeEnergy Resources Corp FRA:PEJ
80 GF Score
Price €183.00
GF Value €131.63
! 3 Warning Signs
View Full Analysis

What is PrimeEnergy Resources Cyclically Adjusted Book per Share?

PrimeEnergy Resources FRA:PEJ +1.67% 80 Cyclically Adjusted Book per Share is €72.55 as of Jun. 2026. GuruFocus rates FRA:PEJ with a GF Score™ of 80/100 and a GF Value™ of €131.63. The stock has 3 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.

PrimeEnergy Resources's adjusted book value per share for the three months ended in Jun. 2026 was €120.385. 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 €72.55 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PrimeEnergy Resources's average Cyclically Adjusted Book Growth Rate was 18.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 16.50% 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 PrimeEnergy Resources was 42.20% per year. The lowest was -0.50% per year. And the median was 13.80% per year.

As of today (2026-09-16), PrimeEnergy Resources's current stock price is €183.00. PrimeEnergy Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €72.55. PrimeEnergy Resources's Cyclically Adjusted PB Ratio of today is 2.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PrimeEnergy Resources was 7.69. The lowest was 1.13. And the median was 2.43.


PrimeEnergy Resources  (FRA:PEJ) 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.

PrimeEnergy Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=183.00/72.545
=2.52

* 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 PrimeEnergy Resources was 7.69. The lowest was 1.13. And the median was 2.43.


Be Aware

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


PrimeEnergy Resources Cyclically Adjusted Book per Share Related Terms


PrimeEnergy Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PrimeEnergy Resources'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.

PrimeEnergy Resources Cyclically Adjusted Book per Share Chart

PrimeEnergy Resources 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 36.13 43.65 50.99 60.21 69.63

PrimeEnergy Resources 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 62.24 64.47 66.27 69.64 72.55

FRA:PEJ vs UNTC, GTE, FTW: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas E&P subindustry, PrimeEnergy Resources'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.


PrimeEnergy Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


FRA:PEJ
80GF Score
PrimeEnergy Resources Corp FRA:PEJ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PrimeEnergy Resources 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, PrimeEnergy Resources'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)
=120.385/333.9520*333.9520
=120.385

Current CPI (Jun. 2026) = 333.9520.

PrimeEnergy Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.841 241.428 37.127
201612 27.353 241.432 37.835
201703 38.416 243.801 52.621
201706 35.780 244.955 48.780
201709 32.057 246.819 43.374
201712 39.324 246.524 53.270
201803 39.593 249.554 52.983
201806 41.440 251.989 54.919
201809 43.069 252.439 56.976
201812 45.457 251.233 60.424
201903 44.654 254.202 58.663
201906 45.930 256.143 59.882
201909 48.819 256.759 63.496
201912 46.065 256.974 59.864
202003 46.821 258.115 60.578
202006 42.712 257.797 55.329
202009 43.878 260.280 56.298
202012 40.164 260.474 51.494
202103 41.191 264.877 51.933
202106 39.803 271.696 48.923
202109 40.229 274.310 48.976
202112 43.741 278.802 52.393
202203 49.636 287.504 57.655
202206 57.818 296.311 65.163
202209 68.403 296.808 76.963
202212 69.179 296.797 77.839
202303 68.440 301.836 75.722
202306 72.953 305.109 79.849
202309 80.582 307.789 87.432
202312 80.052 306.746 87.152
202403 87.625 312.332 93.691
202406 98.648 314.175 104.858
202409 105.759 315.301 112.015
202412 114.704 315.605 121.372
202503 113.453 319.799 118.474
202506 105.618 322.561 109.348
202509 110.773 324.800 113.894
202512 112.495 324.054 115.931
202603 116.616 330.213 117.936
202606 120.385 333.952 120.385

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 €72.55 mean?
PrimeEnergy Resources (FRA:PEJ) has a Cyclically Adjusted Book per Share of €72.55 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 PrimeEnergy Resources and its competitors.
Is PrimeEnergy Resources' Cyclically Adjusted Book per Share too high?
PrimeEnergy Resources' current Cyclically Adjusted Book per Share is €72.55. Overall, PrimeEnergy Resources has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does PrimeEnergy Resources' Cyclically Adjusted Book per Share compare to UNTC and GTE?
PrimeEnergy Resources' Cyclically Adjusted Book per Share of €72.55 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 PrimeEnergy Resources and its competitors. PrimeEnergy Resources's current Cyclically Adjusted Book per Share is €72.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PrimeEnergy Resources stock overvalued right now?
PrimeEnergy Resources (FRA:PEJ) has a current Cyclically Adjusted Book per Share of €72.55. The stock's GF Value™ is €131.63, compared to a current price of €183.00 — trading 39% above its estimated fair value. The current Cyclically Adjusted Book per Share is €72.55. PrimeEnergy Resources' overall GF Score™ is 80/100 with 3 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 PrimeEnergy Resources (FRA:PEJ), the current Cyclically Adjusted Book per Share is €72.55 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 PrimeEnergy Resources (FRA:PEJ) Overvalued in 2026?

Based on GuruFocus' analysis, PrimeEnergy Resources stock appears to be overvalued. The current stock price of €183.00 is trading 39% above its estimated GF Value™ of €131.63.

Key valuation signals for FRA:PEJ:

  • Cyclically Adjusted Book per Share: €72.55
  • GF Value™: €131.63 vs. price of €183.00 (39% above fair value)
  • GF Score™: 80/100 with 3 warning signs

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


PrimeEnergy Resources Business Description

Industry EnergyOil & Gas
Other Exchanges PNRG:USA
Address 9821 Katy Freeway, Houston, TX, USA, 77024
PrimeEnergy Resources Corp is an independent oil and natural gas company that is engaged in acquiring, developing, and producing oil and natural gas. It owns producing and non-producing properties located in Texas and Oklahoma. The company's business activities include development and exploratory drilling and providing well servicing support operations for many of the onshore oil and gas wells through its subsidiaries. It is also active in the acquisition of producing oil and gas properties through joint ventures with industry partners.
80GF Score

Get the complete analysis for FRA:PEJ

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

€183.00
Price
€131.63
GF Value