Echelon Resources (ASX:ECH) Cyclically Adjusted PB Ratio: 0.45 (As of Jul. 06, 2026) — 15% Below Median


ASX:ECH Echelon Resources Ltd ASX:ECH
55 GF Score
Price A$0.35
GF Value A$0.50
Valuation Possible Value Trap
! 6 Warning Signs
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What is Echelon Resources Cyclically Adjusted PB Ratio?

Echelon Resources ASX:ECH 55 Cyclically Adjusted PB Ratio is 0.45 as of Jul. 06, 2026, which is 15% below its 10-year median of 0.53. GuruFocus rates ASX:ECH with a GF Score™ of 55/100 and a GF Value™ of A$0.50 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 774 Oil & Gas companies, Echelon Resources ranks better than 76.87% on this metric.

As of today (2026-07-06), Echelon Resources's current share price is A$0.345. Echelon Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 was A$0.77. Echelon Resources's Cyclically Adjusted PB Ratio for today is 0.45.

The historical rank and industry rank for Echelon Resources's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:ECH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.53   Max: 0.95
Current: 0.45

During the past 13 years, Echelon Resources's highest Cyclically Adjusted PB Ratio was 0.95. The lowest was 0.42. And the median was 0.53.

ASX:ECH's Cyclically Adjusted PB Ratio is ranked better than
76.87% of 774 companies
in the Oil & Gas industry
Industry Median: 1.18 vs ASX:ECH: 0.45

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.

Echelon Resources's adjusted book value per share data of for the fiscal year that ended in Jun25 was A$0.590. 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 A$0.77 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Echelon Resources  (ASX:ECH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Echelon Resources Cyclically Adjusted PB Ratio Related Terms


Echelon Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Echelon Resources's Cyclically Adjusted PB Ratio 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.

Echelon Resources Cyclically Adjusted PB Ratio Chart

Echelon Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.53 0.42 0.50 0.45

Echelon Resources Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PB Ratio 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 0.00 0.50 0.00 0.45 0.00

ASX:ECH vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

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


Echelon Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


ASX:ECH
55GF Score
Echelon Resources Ltd ASX:ECH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Echelon Resources Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Echelon Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.345/0.77
=0.45

* 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.

Echelon Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Echelon Resources's adjusted Book Value per Share data for the fiscal year that ended in Jun25 was:

Adj_Book=Book Value per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.59/133.5131*133.5131
=0.590

Current CPI (Jun25) = 133.5131.

Echelon Resources Annual Data

Book Value per Share CPI Adj_Book
201606 0.557 100.480 0.740
201706 0.830 102.231 1.084
201806 0.772 103.764 0.993
201906 0.740 105.502 0.936
202006 0.729 107.035 0.909
202106 0.412 110.614 0.497
202206 0.567 118.690 0.638
202306 0.632 125.846 0.671
202406 0.632 130.037 0.649
202506 0.590 133.513 0.590

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

What does a Cyclically Adjusted PB Ratio of 0.45 mean?
Echelon Resources (ASX:ECH) has a Cyclically Adjusted PB Ratio of 0.45 as of Jul. 06, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Echelon Resources and its competitors. This is 15% below median its historical median of 0.53. Over the past decade, Echelon Resources' Cyclically Adjusted PB Ratio has ranged from 0.42 to 0.95. According to the industry distribution chart, Echelon Resources ranks #179 out of 774 companies in the Oil & Gas industry, placing it in the top 23.1%.
Is Echelon Resources' Cyclically Adjusted PB Ratio too high?
Echelon Resources' current Cyclically Adjusted PB Ratio of 0.45 is 15% below median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.95. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Echelon Resources' value of 0.45 is 61.9% below this industry median. Based on the distribution chart, Echelon Resources ranks #179 out of 774 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Echelon Resources has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Echelon Resources' Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Echelon Resources ranks #179 out of 774 companies for Cyclically Adjusted PB Ratio. This places Echelon Resources in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.18. Echelon Resources' value of 0.45 is 61.9% below this benchmark. Historically, Echelon Resources' own Cyclically Adjusted PB Ratio has ranged from 0.42 to 0.95 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 1.18, Echelon Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 774 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Echelon Resources's current Cyclically Adjusted PB Ratio of 0.45 is 61.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Echelon Resources and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Echelon Resources's current Cyclically Adjusted PB Ratio is 0.45, which is 15% below median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Echelon Resources stock overvalued right now?
Based on GuruFocus' analysis, Echelon Resources (ASX:ECH) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.50, compared to a current price of A$0.35 — trading 31% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.45, which is 15% below median its 10-year median of 0.53 and 61.9% below the Oil & Gas industry median of 1.18. Echelon Resources' overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Echelon Resources (ASX:ECH), the current Cyclically Adjusted PB Ratio is 0.45 as of Jul. 06, 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 Echelon Resources (ASX:ECH) Overvalued in 2026?

Based on GuruFocus' analysis, Echelon Resources stock appears to be undervalued. The current stock price of A$0.35 is trading 31% below its estimated GF Value™ of A$0.50. GuruFocus considers Echelon Resources to be Possible Value Trap.

Key valuation signals for ASX:ECH:

  • Cyclically Adjusted PB Ratio: 0.45 (15% below median its 10-year median of 0.53)
  • GF Value™: A$0.50 vs. price of A$0.35 (31% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 61.9% below the Oil & Gas median (#179 of 774)

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


Echelon Resources Business Description

Industry EnergyOil & Gas
Address 36 Tennyson Street, Level 1, Wellington, NZL, 6011
Echelon Resources Ltd Formerly New Zealand Oil & Gas Ltd is an oil and gas exploration and production company with producing assets in New Zealand. It operates through Kupe Oil and Gas Field, Amadeus Basin Oil and Gas Exploration, and Cue Energy Resources Limited segments. The company generates maximum revenue from Cue Energy Resources Limited. It has a presence in Indonesia and Australia.
55GF Score

Get the complete analysis for ASX:ECH

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

A$0.35
Price
A$0.50
GF Value