Ratio Energies LP (XTAE:RATI) Cyclically Adjusted Book per Share: ₪0.85 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XTAE:RATI Ratio Energies LP XTAE:RATI
79 GF Score
Price ₪4.15
GF Value ₪2.67
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ratio Energies LP Cyclically Adjusted Book per Share?

Ratio Energies LP XTAE:RATI +0.58% 79 Cyclically Adjusted Book per Share is ₪0.85 as of Mar. 2026. GuruFocus rates XTAE:RATI with a GF Score™ of 79/100 and a GF Value™ of ₪2.67 (Significantly Overvalued). The stock has 4 warning signs investors should review.

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.

Ratio Energies LP's adjusted book value per share for the three months ended in Mar. 2026 was ₪1.274. 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 ₪0.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ratio Energies LP's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.10% 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 Ratio Energies LP was 13.10% per year. The lowest was 12.90% per year. And the median was 13.00% per year.

As of today (2026-08-09), Ratio Energies LP's current stock price is ₪4.154. Ratio Energies LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₪0.85. Ratio Energies LP's Cyclically Adjusted PB Ratio of today is 4.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ratio Energies LP was 6.42. The lowest was 2.17. And the median was 4.47.


Ratio Energies LP  (XTAE:RATI) 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.

Ratio Energies LP's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.154/0.85
=4.89

* 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 Ratio Energies LP was 6.42. The lowest was 2.17. And the median was 4.47.


Be Aware

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


Ratio Energies LP Cyclically Adjusted Book per Share Related Terms


Ratio Energies LP Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ratio Energies LP'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.

Ratio Energies LP Cyclically Adjusted Book per Share Chart

Ratio Energies LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.56 0.63 0.72 0.81

Ratio Energies LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.75 0.77 0.79 0.81 0.85

XTAE:RATI vs COP, EOG, FANG: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas E&P subindustry, Ratio Energies LP'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.


Ratio Energies LP Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


XTAE:RATI
79GF Score
Ratio Energies LP XTAE:RATI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratio Energies LP 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, Ratio Energies LP's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.274/330.2130*330.2130
=1.274

Current CPI (Mar. 2026) = 330.2130.

Ratio Energies LP Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.395 241.018 0.541
201609 0.434 241.428 0.594
201612 0.503 241.432 0.688
201703 0.480 243.801 0.650
201706 0.420 244.955 0.566
201709 0.411 246.819 0.550
201712 0.366 246.524 0.490
201803 0.363 249.554 0.480
201806 0.375 251.989 0.491
201809 0.361 252.439 0.472
201812 0.465 251.233 0.611
201903 0.499 254.202 0.648
201906 0.499 256.143 0.643
201909 0.467 256.759 0.601
201912 0.450 256.974 0.578
202003 0.433 258.115 0.554
202006 0.459 257.797 0.588
202009 0.524 260.280 0.665
202012 0.469 260.474 0.595
202103 0.534 264.877 0.666
202106 0.609 271.696 0.740
202109 0.631 274.310 0.760
202112 0.603 278.802 0.714
202203 0.679 287.504 0.780
202206 0.801 296.311 0.893
202209 0.853 296.808 0.949
202212 0.935 296.797 1.040
202303 0.961 301.836 1.051
202306 1.045 305.109 1.131
202309 1.055 307.789 1.132
202312 1.131 306.746 1.218
202403 1.134 312.332 1.199
202406 1.229 314.175 1.292
202409 1.251 315.301 1.310
202412 1.343 315.605 1.405
202503 1.332 319.799 1.375
202506 1.261 322.561 1.291
202509 1.248 324.800 1.269
202512 1.333 324.054 1.358
202603 1.274 330.213 1.274

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

What does a Cyclically Adjusted Book per Share of ₪0.85 mean?
Ratio Energies LP (XTAE:RATI) has a Cyclically Adjusted Book per Share of ₪0.85 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Ratio Energies LP and its competitors.
Is Ratio Energies LP's Cyclically Adjusted Book per Share too high?
Ratio Energies LP's current Cyclically Adjusted Book per Share is ₪0.85. Overall, Ratio Energies LP has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratio Energies LP's Cyclically Adjusted Book per Share compare to COP and EOG?
Ratio Energies LP's Cyclically Adjusted Book per Share of ₪0.85 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Ratio Energies LP and its competitors. Ratio Energies LP's current Cyclically Adjusted Book per Share is ₪0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratio Energies LP stock overvalued right now?
Based on GuruFocus' analysis, Ratio Energies LP (XTAE:RATI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪2.67, compared to a current price of ₪4.15 — trading 55.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₪0.85. Ratio Energies LP's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Ratio Energies LP (XTAE:RATI), the current Cyclically Adjusted Book per Share is ₪0.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ratio Energies LP (XTAE:RATI) Overvalued in 2026?

Based on GuruFocus' analysis, Ratio Energies LP stock appears to be overvalued. The current stock price of ₪4.15 is trading 55.6% above its estimated GF Value™ of ₪2.67. GuruFocus considers Ratio Energies LP to be Significantly Overvalued.

Key valuation signals for XTAE:RATI:

  • Cyclically Adjusted Book per Share: ₪0.85
  • GF Value™: ₪2.67 vs. price of ₪4.15 (55.6% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the XTAE:RATI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ratio Energies LP Business Description

Industry EnergyOil & Gas
Address 85 Yehuda Ha-levi Street, Tel Aviv, ISR, 6579614
Ratio Energies LP focuses on the engaged in exploration, development, and production of natural gas and condensate from the Leviathan reservoir in the area of the Leviathan South and Leviathan North.
79GF Score

Get the complete analysis for XTAE:RATI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₪4.15
Price
₪2.67
GF Value