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Pine Cliff Energy (TSX:PNE) Cyclically Adjusted Book per Share : C$0.35 (As of Mar. 2025)


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What is Pine Cliff 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.

Pine Cliff Energy's adjusted book value per share for the three months ended in Mar. 2025 was C$0.131. 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 C$0.35 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Pine Cliff Energy's average Cyclically Adjusted Book Growth Rate was -16.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Pine Cliff Energy was 20.30% per year. The lowest was -5.00% per year. And the median was 2.35% per year.

As of today (2025-05-28), Pine Cliff Energy's current stock price is C$0.59. Pine Cliff Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$0.35. Pine Cliff Energy's Cyclically Adjusted PB Ratio of today is 1.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pine Cliff Energy was 5.84. The lowest was 0.15. And the median was 2.06.


Pine Cliff Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pine Cliff 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.

Pine Cliff Energy Cyclically Adjusted Book per Share Chart

Pine Cliff Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.42 0.46 0.43 0.36

Pine Cliff Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.42 0.41 0.38 0.36 0.35

Competitive Comparison of Pine Cliff Energy's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Pine Cliff 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.


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

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

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


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Pine Cliff 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, Pine Cliff Energy's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.131/129.1809*129.1809
=0.131

Current CPI (Mar. 2025) = 129.1809.

Pine Cliff Energy Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.756 100.500 0.972
201509 0.706 100.421 0.908
201512 0.768 99.947 0.993
201603 0.720 101.054 0.920
201606 0.655 102.002 0.830
201609 0.622 101.765 0.790
201612 0.637 101.449 0.811
201703 0.627 102.634 0.789
201706 0.619 103.029 0.776
201709 0.524 103.345 0.655
201712 0.420 103.345 0.525
201803 0.378 105.004 0.465
201806 0.322 105.557 0.394
201809 0.290 105.636 0.355
201812 0.199 105.399 0.244
201903 0.178 106.979 0.215
201906 0.109 107.690 0.131
201909 0.055 107.611 0.066
201912 0.032 107.769 0.038
202003 -0.028 107.927 -0.034
202006 -0.071 108.401 -0.085
202009 -0.100 108.164 -0.119
202012 -0.111 108.559 -0.132
202103 -0.113 110.298 -0.132
202106 -0.114 111.720 -0.132
202109 -0.105 112.905 -0.120
202112 0.134 113.774 0.152
202203 0.179 117.646 0.197
202206 0.314 120.806 0.336
202209 0.340 120.648 0.364
202212 0.381 120.964 0.407
202303 0.365 122.702 0.384
202306 0.328 124.203 0.341
202309 0.309 125.230 0.319
202312 0.280 125.072 0.289
202403 0.238 126.258 0.244
202406 0.212 127.522 0.215
202409 0.180 127.285 0.183
202412 0.152 127.364 0.154
202503 0.131 129.181 0.131

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


Pine Cliff Energy  (TSX:PNE) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.59/0.35
=1.69

* 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 Pine Cliff Energy was 5.84. The lowest was 0.15. And the median was 2.06.


Be Aware

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


Pine Cliff Energy Cyclically Adjusted Book per Share Related Terms

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


Pine Cliff Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pine Cliff Energy Ltd (TSX:PNE) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
1015 - 4th Street South West, Suite 850, Calgary, AB, CAN, T2R 1J4
Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Edson Assets include Pine Cliff with its first core area in the Western Canadian Sedimentary Basin. It operates and sells its natural gas to the common Alberta natural gas price hub.
Executives
Hilary Amber Foulkes Director
Terry Lee Mcneill Senior Officer
Philip Blake Hodge Director, Senior Officer
Robert Brent Fryk Director
Kristopher Bruce Zack Senior Officer
Austin William Nieuwdorp Senior Officer
Calvin Blain Jacober Director
Robert Disbrow 10% Security Holder
Chris Lee Senior Officer
George Frederick Fink 10% Security Holder, Director, Senior Officer
William Sanford Rice Director

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