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Questerre Energy (TSX:QEC) Cyclically Adjusted Book per Share : C$0.56 (As of Mar. 2024)


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What is Questerre 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.

Questerre Energy's adjusted book value per share for the three months ended in Mar. 2024 was C$0.336. 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$0.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Questerre Energy's average Cyclically Adjusted Book Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.70% 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 Questerre Energy was 10.70% per year. The lowest was -7.60% per year. And the median was -0.40% per year.

As of today (2024-05-20), Questerre Energy's current stock price is C$0.21. Questerre Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.56. Questerre Energy's Cyclically Adjusted PB Ratio of today is 0.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Questerre Energy was 2.41. The lowest was 0.12. And the median was 0.37.


Questerre Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Questerre 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.

Questerre Energy Cyclically Adjusted Book per Share Chart

Questerre Energy Annual Data
Trend Dec14 Dec15 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 0.81 0.73 0.68 0.64 0.58

Questerre Energy 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 0.63 0.62 0.60 0.58 0.56

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

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


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

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

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



Questerre 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, Questerre 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)
=0.336/126.2576*126.2576
=0.336

Current CPI (Mar. 2024) = 126.2576.

Questerre Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.919 99.473 1.166
201409 0.929 99.394 1.180
201412 0.757 98.367 0.972
201503 0.745 99.789 0.943
201506 0.750 100.500 0.942
201509 0.677 100.421 0.851
201512 0.481 99.947 0.608
201603 0.480 101.054 0.600
201606 0.472 102.002 0.584
201609 0.439 101.765 0.545
201612 0.453 101.449 0.564
201703 0.475 102.634 0.584
201706 0.463 103.029 0.567
201709 0.452 103.345 0.552
201712 0.443 103.345 0.541
201803 0.443 105.004 0.533
201806 0.446 105.557 0.533
201809 0.441 105.636 0.527
201812 0.481 105.399 0.576
201903 0.480 106.979 0.566
201906 0.465 107.690 0.545
201909 0.470 107.611 0.551
201912 0.628 107.769 0.736
202003 0.366 107.927 0.428
202006 0.359 108.401 0.418
202009 0.357 108.164 0.417
202012 0.356 108.559 0.414
202103 0.358 110.298 0.410
202106 0.365 111.720 0.412
202109 0.371 112.905 0.415
202112 0.348 113.774 0.386
202203 0.354 117.646 0.380
202206 0.378 120.806 0.395
202209 0.388 120.648 0.406
202212 0.388 120.964 0.405
202303 0.391 122.702 0.402
202306 0.395 124.203 0.402
202309 0.396 125.230 0.399
202312 0.335 125.072 0.338
202403 0.336 126.258 0.336

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


Questerre Energy  (TSX:QEC) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.21/0.56
=0.38

* 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 Questerre Energy was 2.41. The lowest was 0.12. And the median was 0.37.


Be Aware

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


Questerre Energy Cyclically Adjusted Book per Share Related Terms

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


Questerre Energy (TSX:QEC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Questerre Energy Corp (TSX:QEC) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
801 Sixth Avenue S.W, Suite 1650, Calgary, AB, CAN, T2P 3W2
Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids. Quebec segment consists the development of natural gas discovery in the province with a focus on securing social acceptability and regulatory approvals for a clean technology energy project.
Executives
Hans Jacob Holden Director

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