EPM.PRA.PFD (Evolution Petroleum) Cyclically Adjusted PB Ratio : (As of Dec. 15, 2024)

Evolution Petroleum Cyclically Adjusted PB Ratio Chart

Evolution Petroleum Annual Data
	Trend	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23	Jun24
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial					1.41	2.33	2.36	3.33	2.09

Evolution Petroleum Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial															2.80	2.38	2.46	2.09	2.09

Competitive Comparison of Evolution Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Evolution Petroleum'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.

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

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

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

Evolution Petroleum 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.

Evolution Petroleum does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Evolution Petroleum  (AMEX:EPM.PRA.PFD) 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.

Evolution Petroleum Cyclically Adjusted PB Ratio Related Terms

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Evolution Petroleum Business Description