Canacol Energy (BOG:CNEC) Cyclically Adjusted PB Ratio: 0.15 (As of Aug. 13, 2026) — 85% Below Median

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BOG:CNEC Canacol Energy Ltd BOG:CNEC
63 GF Score
Price COP6,240.00
GF Value COP99,999,999.99
! 4 Warning Signs
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What is Canacol Energy Cyclically Adjusted PB Ratio?

Canacol Energy BOG:CNEC 63 Cyclically Adjusted PB Ratio is 0.15 as of Aug. 13, 2026, which is 85% below its 10-year median of 0.97. GuruFocus rates BOG:CNEC with a GF Score™ of 63/100 and a GF Value™ of COP99,999,999.99. The stock has 4 warning signs investors should review. Among 765 Oil & Gas companies, Canacol Energy ranks worse than 130718.82% on this metric.

As of today (2026-08-13), Canacol Energy's current share price is COP6240.00. Canacol Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was COP42,487.30. Canacol Energy's Cyclically Adjusted PB Ratio for today is 0.15.

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

During the past years, Canacol Energy's highest Cyclically Adjusted PB Ratio was 1.40. The lowest was 0.01. And the median was 0.97.

BOG:CNEC's Cyclically Adjusted PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.18
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Canacol Energy's adjusted book value per share data for the three months ended in Sep. 2025 was COP44,289.990. 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 COP42,487.30 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canacol Energy  (BOG:CNEC) 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.


Canacol Energy Cyclically Adjusted PB Ratio Related Terms


Canacol Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canacol Energy'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.

Canacol Energy Cyclically Adjusted PB Ratio Chart

Canacol Energy Annual Data
Trend Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.98 0.65 0.50 0.28

Canacol Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.26 0.28 0.27 0.21 0.20

BOG:CNEC vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

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


Canacol Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


BOG:CNEC
63GF Score
Canacol Energy Ltd BOG:CNEC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canacol Energy 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.

Canacol Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6240.00/42487.30
=0.15

* 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.

Canacol Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Canacol Energy's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=44289.99/130.2871*130.2871
=44,289.990

Current CPI (Sep. 2025) = 130.2871.

Canacol Energy Quarterly Data

Book Value per Share CPI Adj_Book
201512 29,935.460 99.947 39,022.608
201603 30,593.826 101.054 39,444.263
201606 30,969.788 102.002 39,557.849
201609 29,615.967 101.765 37,916.706
201612 33,097.089 101.449 42,505.545
201703 30,689.482 102.634 38,958.389
201706 33,502.405 103.029 42,366.168
201709 32,452.830 103.345 40,913.420
201712 20,467.117 103.345 25,802.981
201803 20,465.265 105.004 25,392.938
201806 18,549.489 105.557 22,895.299
201809 19,005.756 105.636 23,440.918
201812 18,704.770 105.399 23,121.569
201903 18,440.826 106.979 22,458.588
201906 20,448.172 107.690 24,738.839
201909 20,918.820 107.611 25,326.823
201912 23,663.674 107.769 28,608.068
202003 20,529.554 107.927 24,782.757
202006 23,042.000 108.401 27,694.064
202009 21,937.560 108.164 26,424.440
202012 20,585.002 108.559 24,705.002
202103 19,909.249 110.298 23,517.450
202106 19,490.394 111.720 22,729.605
202109 19,818.185 112.905 22,869.281
202112 20,708.948 113.774 23,714.634
202203 21,754.548 117.646 24,092.183
202206 19,435.201 120.806 20,960.532
202209 21,424.672 120.648 23,136.403
202212 40,818.540 120.964 43,964.598
202303 42,835.012 122.702 45,482.918
202306 43,622.226 124.203 45,758.956
202309 39,047.793 125.230 40,624.511
202312 41,293.733 125.072 43,015.411
202403 40,936.669 126.258 42,243.159
202406 37,796.535 127.522 38,616.180
202409 42,413.739 127.285 43,414.197
202412 41,732.141 127.364 42,690.026
202503 42,685.407 129.181 43,050.930
202506 43,393.982 129.892 43,525.976
202509 44,289.990 130.287 44,289.990

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 0.15 mean?
Canacol Energy (BOG:CNEC) has a Cyclically Adjusted PB Ratio of 0.15 as of Aug. 13, 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 Canacol Energy and its competitors. This is 85% below median its historical median of 0.97. Over the past decade, Canacol Energy's Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.40. According to the industry distribution chart, Canacol Energy ranks #999999 out of 765 companies in the Oil & Gas industry.
Is Canacol Energy's Cyclically Adjusted PB Ratio too high?
Canacol Energy's current Cyclically Adjusted PB Ratio of 0.15 is 85% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.40. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Canacol Energy's value of 0.15 is 87.3% below this industry median. Based on the distribution chart, Canacol Energy ranks #999999 out of 765 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Canacol Energy has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Canacol Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canacol Energy ranks #999999 out of 765 companies for Cyclically Adjusted PB Ratio. This places Canacol Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Canacol Energy's value of 0.15 is 87.3% below this benchmark. Historically, Canacol Energy's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.40 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.18, Canacol Energy 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 765 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. Canacol Energy's current Cyclically Adjusted PB Ratio of 0.15 is 87.3% 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 Canacol Energy 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. Canacol Energy's current Cyclically Adjusted PB Ratio is 0.15, which is 85% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canacol Energy stock overvalued right now?
Canacol Energy (BOG:CNEC) has a current Cyclically Adjusted PB Ratio of 0.15. The stock's GF Value™ is COP99,999,999.99, compared to a current price of COP6,240.00 — trading 100% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.15, which is 85% below median its 10-year median of 0.97 and 87.3% below the Oil & Gas industry median of 1.18. Canacol Energy's overall GF Score™ is 63/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Canacol Energy (BOG:CNEC), the current Cyclically Adjusted PB Ratio is 0.15 as of Aug. 13, 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 Canacol Energy (BOG:CNEC) Overvalued in 2026?

Based on GuruFocus' analysis, Canacol Energy stock appears to be undervalued. The current stock price of COP6,240.00 is trading 100% below its estimated GF Value™ of COP99,999,999.99.

Key valuation signals for BOG:CNEC:

  • Cyclically Adjusted PB Ratio: 0.15 (85% below median its 10-year median of 0.97)
  • GF Value™: COP99,999,999.99 vs. price of COP6,240.00 (100% below fair value)
  • GF Score™: 63/100 with 4 warning signs
  • Industry Position: 87.3% below the Oil & Gas median (#999999 of 765)

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


Canacol Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CNNEQ:USA
Address 215 - 9 Avenue SW, Suite 2000, Calgary, AB, CAN, T2P 1K3
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.
63GF Score

Get the complete analysis for BOG:CNEC

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

COP6,240.00
Price
COP99,999,999.99
GF Value