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CRC (California Resources) Cyclically Adjusted PB Ratio : 10.29 (As of May. 28, 2025)


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What is California Resources Cyclically Adjusted PB Ratio?

As of today (2025-05-28), California Resources's current share price is $42.51. California Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $4.13. California Resources's Cyclically Adjusted PB Ratio for today is 10.29.

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

CRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.3   Max: 10.37
Current: 10.37

During the past years, California Resources's highest Cyclically Adjusted PB Ratio was 10.37. The lowest was 1.15. And the median was 2.30.

CRC's Cyclically Adjusted PB Ratio is ranked worse than
97.43% of 777 companies
in the Oil & Gas industry
Industry Median: 0.9 vs CRC: 10.37

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.

California Resources's adjusted book value per share data for the three months ended in Mar. 2025 was $39.428. 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 $4.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


California Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for California 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.

* Premium members only.

California Resources Cyclically Adjusted PB Ratio Chart

California Resources 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 - - 1.60 2.45 9.83

California Resources 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 3.27 3.58 7.98 9.83 10.65

Competitive Comparison of California Resources's Cyclically Adjusted PB Ratio

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


California Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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California 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.51/4.13
=10.29

* 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.

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

For example, California Resources'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)
=39.428/134.9266*134.9266
=39.428

Current CPI (Mar. 2025) = 134.9266.

California Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 63.538 100.684 85.147
201509 60.721 100.392 81.609
201512 -23.597 99.792 -31.905
201603 -24.462 100.470 -32.851
201606 -25.426 101.688 -33.737
201609 -11.961 101.861 -15.844
201612 -13.093 101.863 -17.343
201703 -11.622 102.862 -15.245
201706 -12.601 103.349 -16.451
201709 -15.559 104.136 -20.160
201712 -18.973 104.011 -24.612
201803 -16.830 105.290 -21.567
201806 -16.317 106.317 -20.708
201809 -14.928 106.507 -18.911
201812 -7.420 105.998 -9.445
201903 -8.730 107.251 -10.983
201906 -8.326 108.070 -10.395
201909 -6.271 108.329 -7.811
201912 -7.910 108.420 -9.844
202003 -44.143 108.902 -54.692
202006 -49.582 108.767 -61.507
202009 -47.295 109.815 -58.110
202012 13.658 109.897 16.769
202103 12.554 111.754 15.157
202106 10.906 114.631 12.837
202109 13.024 115.734 15.184
202112 21.287 117.630 24.417
202203 18.459 121.301 20.532
202206 20.126 125.017 21.721
202209 25.248 125.227 27.204
202212 25.907 125.222 27.915
202303 29.653 127.348 31.418
202306 30.597 128.729 32.070
202309 29.875 129.860 31.041
202312 32.303 129.419 33.678
202403 30.541 131.776 31.271
202406 30.231 132.554 30.772
202409 39.134 133.029 39.692
202412 38.836 133.157 39.352
202503 39.428 134.927 39.428

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.


California Resources  (NYSE:CRC) 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.


California Resources Cyclically Adjusted PB Ratio Related Terms

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


California Resources Business Description

Traded in Other Exchanges
Address
1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831
California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects.
Executives
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Omar Hayat officer: EVP - Operations 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
Michael L. Preston officer: Exec. VP, GC and Secretary 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Noelle M. Repetti officer: Vice President and Controller 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Francisco Leon officer: EVP Corp Dev & Strategic Plng 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
Mark Allen Mcfarland director 7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
William B Roby director 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Peralta Manuela Molina officer: EVP and CFO 1 WORLD TRADE CENTER, SUITE 1500, LONG BEACH CA 90831
Goldentree Asset Management Lp 10 percent owner 300 PARK AVENUE, 21ST FLOOR, NEW YORK NY 10022
Ares Management Llc 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Alejandra Veltmann director 1500 CITYWEST BLVD., SUITE 800, HOUSTON TX 77042
Neeman Brady Nicole Elana director 113 S. LA BREA BLVD., 3RD FLOOR, LOS ANGELES CA 90036
Christopher D. Gould officer: EVP & Chief Sustainability Off 27200 TOURNEY ROAD, SUITE 200, SANTA CLARITA CA 91355
Assf Operating Manager Iv, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Af V Energy Iv Aiv 1a, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067