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CGX Energy (STU:GXCN) Cyclically Adjusted Book per Share : €0.07 (As of Mar. 2024)


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What is CGX 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.

CGX Energy's adjusted book value per share for the three months ended in Mar. 2024 was €0.171. 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 €0.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CGX Energy's average Cyclically Adjusted Book Growth Rate was -21.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -44.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -36.60% 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 CGX Energy was -5.40% per year. The lowest was -44.10% per year. And the median was -20.00% per year.

As of today (2024-06-22), CGX Energy's current stock price is €0.19. CGX Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.07. CGX Energy's Cyclically Adjusted PB Ratio of today is 2.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CGX Energy was 8.58. The lowest was 0.00. And the median was 0.00.


CGX Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for CGX 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.

CGX Energy Cyclically Adjusted Book per Share Chart

CGX Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.60 0.32 0.18 0.09

CGX Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.09 0.09 0.09 0.08 0.07

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

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


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

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

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



CGX 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, CGX 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)
=0.171/126.2576*126.2576
=0.171

Current CPI (Mar. 2024) = 126.2576.

CGX Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.356 98.604 0.456
201406 0.352 99.473 0.447
201409 0.414 99.394 0.526
201412 0.106 98.367 0.136
201503 0.106 99.789 0.134
201506 0.087 100.500 0.109
201509 -0.035 100.421 -0.044
201512 -0.038 99.947 -0.048
201603 -0.039 101.054 -0.049
201606 -0.048 102.002 -0.059
201609 -0.057 101.765 -0.071
201612 -0.066 101.449 -0.082
201703 -0.073 102.634 -0.090
201706 -0.078 103.029 -0.096
201709 -0.082 103.345 -0.100
201712 -0.091 103.345 -0.111
201803 -0.097 105.004 -0.117
201806 -0.109 105.557 -0.130
201809 -0.119 105.636 -0.142
201812 -0.117 105.399 -0.140
201903 0.027 106.979 0.032
201906 0.043 107.690 0.050
201909 0.051 107.611 0.060
201912 0.058 107.769 0.068
202003 0.063 107.927 0.074
202006 0.056 108.401 0.065
202009 0.050 108.164 0.058
202012 0.069 108.559 0.080
202103 0.066 110.298 0.076
202106 0.062 111.720 0.070
202109 0.064 112.905 0.072
202112 0.195 113.774 0.216
202203 0.193 117.646 0.207
202206 0.197 120.806 0.206
202209 0.201 120.648 0.210
202212 0.184 120.964 0.192
202303 0.183 122.702 0.188
202306 0.177 124.203 0.180
202309 0.178 125.230 0.179
202403 0.171 126.258 0.171

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


CGX Energy  (STU:GXCN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.19/0.07
=2.71

* 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 CGX Energy was 8.58. The lowest was 0.00. And the median was 0.00.


Be Aware

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


CGX Energy Cyclically Adjusted Book per Share Related Terms

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


CGX Energy (STU:GXCN) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CGX Energy Inc (STU:GXCN) » Definitions » Cyclically Adjusted Book per Share
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Address
333 Bay Street, Suite 2400, Toronto, ON, CAN, M5H 2T6
CGX Energy Inc is a Canada-based company that is engaged in exploring petroleum and natural gas in Guyana, South America. The company's offshore concessions include Corentyne and Demerara, and onshore concessions include Berbice.

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