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Meren Energy (CHIX:MERS) Cyclically Adjusted PB Ratio : 0.71 (As of May. 29, 2025)


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What is Meren Energy Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Meren Energy's current share price is kr13.44. Meren Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr18.90. Meren Energy's Cyclically Adjusted PB Ratio for today is 0.71.

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

CHIX:MERs' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.62   Max: 0.65
Current: 0.64

During the past years, Meren Energy's highest Cyclically Adjusted PB Ratio was 0.65. The lowest was 0.58. And the median was 0.62.

CHIX:MERs's Cyclically Adjusted PB Ratio is ranked better than
62.6% of 778 companies
in the Oil & Gas industry
Industry Median: 0.9 vs CHIX:MERs: 0.64

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.

Meren Energy's adjusted book value per share data for the three months ended in Mar. 2025 was kr13.850. 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 kr18.90 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meren Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Meren 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.

* Premium members only.

Meren Energy Cyclically Adjusted PB Ratio Chart

Meren Energy Annual Data
Trend Dec15 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 0.45 0.66 0.83 0.81 0.67

Meren Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.77 0.80 0.58 0.67 0.70

Competitive Comparison of Meren Energy's Cyclically Adjusted PB Ratio

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


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

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

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


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Meren 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.44/18.90
=0.71

* 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.

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

For example, Meren Energy'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)
=13.85/129.1809*129.1809
=13.850

Current CPI (Mar. 2025) = 129.1809.

Meren Energy Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.864 100.500 25.533
201509 19.603 100.421 25.217
201512 18.459 99.947 23.858
201603 18.074 101.054 23.105
201606 17.985 102.002 22.777
201609 18.461 101.765 23.435
201612 19.717 101.449 25.107
201703 19.055 102.634 23.984
201706 18.540 103.029 23.246
201709 17.108 103.345 21.385
201712 17.892 103.345 22.365
201803 17.278 105.004 21.256
201806 17.583 105.557 21.518
201809 17.858 105.636 21.838
201812 17.695 105.399 21.688
201903 18.181 106.979 21.954
201906 18.225 107.690 21.862
201909 18.801 107.611 22.569
201912 15.347 107.769 18.396
202003 13.288 107.927 15.905
202006 12.916 108.401 15.392
202009 12.788 108.164 15.273
202012 13.366 108.559 15.905
202103 14.120 110.298 16.537
202106 14.664 111.720 16.956
202109 16.275 112.905 18.621
202112 18.154 113.774 20.612
202203 19.757 117.646 21.694
202206 20.844 120.806 22.289
202209 24.006 120.648 25.704
202212 18.626 120.964 19.891
202303 19.018 122.702 20.022
202306 22.036 124.203 22.919
202309 23.506 125.230 24.248
202312 19.784 125.072 20.434
202403 19.923 126.258 20.384
202406 20.102 127.522 20.364
202409 12.669 127.285 12.858
202412 13.730 127.364 13.926
202503 13.850 129.181 13.850

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.


Meren Energy  (CHIX:MERs) 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.


Meren Energy Cyclically Adjusted PB Ratio Related Terms

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


Meren Energy Business Description

Industry
Address
666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Meren Energy Inc is an Independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa, and Equatorial Guinea. The development assets of the company are in deepwater Nigeria operated by Majors. The Company holds a forward position in the Orange Basin, including its effective interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B, offshore South Africa.

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