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Paramount Resources (TSX:POU) Cyclically Adjusted Book per Share : C$19.69 (As of Mar. 2025)


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What is Paramount 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.

Paramount Resources's adjusted book value per share for the three months ended in Mar. 2025 was C$18.479. 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$19.69 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Paramount Resources's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.40% 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 Paramount Resources was 14.20% per year. The lowest was 1.00% per year. And the median was 4.60% per year.

As of today (2025-05-30), Paramount Resources's current stock price is C$19.26. Paramount Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$19.69. Paramount Resources's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paramount Resources was 2.66. The lowest was 0.07. And the median was 1.32.


Paramount Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Paramount 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.

Paramount Resources Cyclically Adjusted Book per Share Chart

Paramount Resources 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 13.59 14.78 16.53 18.16 19.36

Paramount Resources 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 18.60 19.02 19.14 19.36 19.69

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

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


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

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

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


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Paramount 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, Paramount Resources'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)
=18.479/129.1809*129.1809
=18.479

Current CPI (Mar. 2025) = 129.1809.

Paramount Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 12.130 100.500 15.592
201509 10.778 100.421 13.865
201512 5.166 99.947 6.677
201603 4.792 101.054 6.126
201606 4.689 102.002 5.938
201609 14.564 101.765 18.488
201612 16.107 101.449 20.510
201703 15.645 102.634 19.692
201706 16.085 103.029 20.168
201709 18.888 103.345 23.610
201712 19.792 103.345 24.740
201803 17.532 105.004 21.569
201806 16.768 105.557 20.521
201809 16.506 105.636 20.185
201812 17.269 105.399 21.166
201903 16.585 106.979 20.027
201906 15.584 107.690 18.694
201909 15.926 107.611 19.118
201912 15.623 107.769 18.727
202003 12.872 107.927 15.407
202006 12.880 108.401 15.349
202009 12.748 108.164 15.225
202012 15.405 108.559 18.331
202103 15.329 110.298 17.953
202106 15.411 111.720 17.820
202109 18.100 112.905 20.709
202112 18.724 113.774 21.260
202203 19.659 117.646 21.587
202206 20.467 120.806 21.886
202209 21.657 120.648 23.189
202212 23.789 120.964 25.405
202303 23.377 122.702 24.611
202306 23.412 124.203 24.350
202309 24.160 125.230 24.922
202312 24.266 125.072 25.063
202403 24.464 126.258 25.030
202406 24.983 127.522 25.308
202409 24.623 127.285 24.990
202412 25.155 127.364 25.514
202503 18.479 129.181 18.479

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


Paramount Resources  (TSX:POU) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.26/19.69
=0.98

* 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 Paramount Resources was 2.66. The lowest was 0.07. And the median was 1.32.


Be Aware

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


Paramount Resources Cyclically Adjusted Book per Share Related Terms

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


Paramount Resources Business Description

Industry
Traded in Other Exchanges
Address
888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5
Paramount Resources Ltd is a Canadian energy company that explores and develops both conventional and unconventional petroleum and natural gas. The company explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. Its primary focus in the Grande Prairie Region is its Karr and Wapiti Montney properties. Kaybob Region includes the Kaybob North Duvernay development and other natural gas and oil-producing properties. The Central Alberta and Other Region includes the Willesden Green Duvernay development in central Alberta and shale gas properties in the Horn River Basin and Liard Basin in northeast British Columbia.
Executives
Garth W.j. Stotts Senior Officer
Dirk Jungé Director
Kimberley Elizabeth Lynch Proctor Director
Rodrigo Sousa Senior Officer
Michael S. Han Senior Officer
Brenda Gail Riddell 10% Security Holder
David Blake Reid Senior Officer
Bernard K. Lee Senior Officer
John B. Williams Senior Officer
Mark Gordon Franko Senior Officer
James Geral Bell Director
Joerg Wittenberg Senior Officer
Phillip G. Tahmazian Senior Officer
Jonathan Leslie Younie Senior Officer
Bradley Nixon Scharfe 10% Security Holder

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