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Delta Oil & Gas (Delta Oil & Gas) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Delta Oil & Gas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Delta Oil & Gas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Delta Oil & Gas'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.

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Delta Oil & Gas Cyclically Adjusted PB Ratio Chart

Delta Oil & Gas Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Delta Oil & Gas Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Delta Oil & Gas's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Delta Oil & Gas'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.


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

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

* The bar in red indicates where Delta Oil & Gas's Cyclically Adjusted PB Ratio falls into.



Delta Oil & Gas 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.

Delta Oil & Gas's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Delta Oil & Gas's adjusted Book Value per Share data for the three months ended in Sep. 2014 was:

Adj_Book=Book Value per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0.005/99.3943*99.3943
=0.005

Current CPI (Sep. 2014) = 99.3943.

Delta Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
200412 -0.005 83.276 -0.006
200503 0.129 83.987 0.153
200506 0.109 84.461 0.128
200509 0.265 85.647 0.308
200512 0.264 85.015 0.309
200603 0.494 85.805 0.572
200606 0.479 86.516 0.550
200609 0.466 86.279 0.537
200612 0.482 86.437 0.554
200703 0.469 87.780 0.531
200706 0.443 88.412 0.498
200709 0.424 88.412 0.477
200712 0.328 88.491 0.368
200803 0.290 88.965 0.324
200806 0.295 91.177 0.322
200809 0.354 91.414 0.385
200812 0.270 89.518 0.300
200903 0.234 90.071 0.258
200906 0.176 90.940 0.192
200909 0.173 90.624 0.190
200912 0.097 90.703 0.106
201003 0.091 91.335 0.099
201006 0.090 91.809 0.097
201009 0.129 92.362 0.139
201012 0.140 92.836 0.150
201103 0.138 94.338 0.145
201106 0.144 94.654 0.151
201109 0.141 95.286 0.147
201112 0.140 94.970 0.147
201203 0.136 96.155 0.141
201206 0.126 96.076 0.130
201209 0.118 96.392 0.122
201212 0.115 95.760 0.119
201303 0.106 97.103 0.109
201306 0.100 97.182 0.102
201309 0.095 97.419 0.097
201312 0.038 96.945 0.039
201403 0.022 98.604 0.022
201406 0.014 99.473 0.014
201409 0.005 99.394 0.005

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.


Delta Oil & Gas  (GREY:DLTA) 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.


Delta Oil & Gas Cyclically Adjusted PB Ratio Related Terms

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Delta Oil & Gas (Delta Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 604, Vancouver, BC, CAN, V6C 1G8
Delta Oil & Gas Inc is a part of the energy sector. It is an independent natural gas and oil company engaged in the exploration, development, and acquisition of natural gas and oil properties in the United States and Canada. The Company seeks to acquire and develop properties with undeveloped reserves that are economically attractive to it. Its properties include Texas Prospect, Premont Northwest Field, and King City.

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