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Petrus Resources (Petrus Resources) Cyclically Adjusted Book per Share : $3.83 (As of Mar. 2024)


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What is Petrus Resources 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.

Petrus Resources's adjusted book value per share for the three months ended in Mar. 2024 was $1.822. 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 $3.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Petrus Resources's average Cyclically Adjusted Book Growth Rate was -26.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -18.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -16.00% per year. During the past 10 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 Petrus Resources was 14.80% per year. The lowest was -18.30% per year. And the median was -5.20% per year.

As of today (2024-06-19), Petrus Resources's current stock price is $0.9622. Petrus Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.83. Petrus Resources's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Petrus Resources was 0.37. The lowest was 0.01. And the median was 0.12.


Petrus Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Petrus 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.

* Premium members only.

Petrus Resources Cyclically Adjusted Book per Share Chart

Petrus Resources Annual Data
Trend Jan14 Jan15 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 8.53 8.36 6.96 5.68 4.31

Petrus Resources 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 5.24 4.89 4.72 4.31 3.83

Competitive Comparison of Petrus Resources's Cyclically Adjusted Book per Share

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


Petrus Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Petrus 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, Petrus Resources'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)
=1.822/126.2576*126.2576
=1.822

Current CPI (Mar. 2024) = 126.2576.

Petrus Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 16.754 98.920 21.384
201407 17.116 99.315 21.759
201410 16.427 99.473 20.850
201501 6.306 98.209 8.107
201504 6.238 99.710 7.899
201507 5.950 100.579 7.469
201510 5.825 100.500 7.318
201603 4.997 101.054 6.243
201606 4.369 102.002 5.408
201609 4.227 101.765 5.244
201612 3.966 101.449 4.936
201703 3.881 102.634 4.774
201706 3.900 103.029 4.779
201709 3.428 103.345 4.188
201712 2.277 103.345 2.782
201803 2.166 105.004 2.604
201806 1.981 105.557 2.369
201809 1.878 105.636 2.245
201812 2.127 105.399 2.548
201903 1.965 106.979 2.319
201906 2.021 107.690 2.369
201909 1.599 107.611 1.876
201912 1.564 107.769 1.832
202003 0.267 107.927 0.312
202006 0.187 108.401 0.218
202009 0.140 108.164 0.163
202012 0.145 108.559 0.169
202103 0.098 110.298 0.112
202106 0.034 111.720 0.038
202109 0.417 112.905 0.466
202112 1.297 113.774 1.439
202203 1.436 117.646 1.541
202206 1.490 120.806 1.557
202209 1.492 120.648 1.561
202212 1.593 120.964 1.663
202303 1.683 122.702 1.732
202306 1.766 124.203 1.795
202309 1.669 125.230 1.683
202312 1.890 125.072 1.908
202403 1.822 126.258 1.822

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


Petrus Resources  (OTCPK:PTRUF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.9622/3.83
=0.25

* 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 Petrus Resources was 0.37. The lowest was 0.01. And the median was 0.12.


Be Aware

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


Petrus Resources Cyclically Adjusted Book per Share Related Terms

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


Petrus Resources (Petrus Resources) Business Description

Industry
Traded in Other Exchanges
Address
2400, 240 - 4th Avenue SW, Calgary, AB, CAN, T2P 4H4
Petrus Resources Ltd is an oil and gas company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.

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