ERHE (ERHC Energy) Cyclically Adjusted PB Ratio: 0.00 (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is ERHC Energy Cyclically Adjusted PB Ratio?

ERHC Energy ERHE Cyclically Adjusted PB Ratio is 0.00 as of Sep. 16, 2026.

As of today (2026-09-16), ERHC Energy's current share price is $0.0003. ERHC Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 was $2.29. ERHC Energy's Cyclically Adjusted PB Ratio for today is 0.00.

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

ERHE's Cyclically Adjusted PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.265
* 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.

ERHC Energy's adjusted book value per share data for the three months ended in Jun. 2017 was $-0.003. 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 $2.29 for the trailing ten years ended in Jun. 2017.

Shiller PE for Stocks: The True Measure of Stock Valuation


ERHC Energy  (OTCPK:ERHE) 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.


ERHC Energy Cyclically Adjusted PB Ratio Related Terms


ERHC Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ERHC 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.

ERHC Energy Cyclically Adjusted PB Ratio Chart

ERHC Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.77 2.26 1.66 0.05 0.00

ERHC Energy Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.02 0.00 0.00 0.00 0.00

ERHE vs AKVA, UNIGF, BRZV: Cyclically Adjusted PB Ratio Comparison

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


ERHC Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



ERHC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0003/2.288
=0.00

* 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.

ERHC Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, ERHC Energy's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=-0.003/244.9550*244.9550
=-0.003

Current CPI (Jun. 2017) = 244.9550.

ERHC Energy Quarterly Data

Book Value per Share CPI Adj_Book
200709 4.697 208.490 5.519
200712 4.632 210.036 5.402
200803 4.515 213.528 5.180
200806 4.431 218.815 4.960
200809 0.000 218.783 0.000
200812 4.229 210.228 4.928
200903 4.130 212.709 4.756
200906 3.662 215.693 4.159
200909 3.271 215.969 3.710
200912 3.158 215.949 3.582
201003 2.983 217.631 3.358
201006 2.788 217.965 3.133
201009 3.084 218.439 3.458
201012 3.129 219.179 3.497
201103 2.992 223.467 3.280
201106 2.790 225.722 3.028
201109 2.600 226.889 2.807
201112 2.461 225.672 2.671
201203 2.304 229.392 2.460
201206 2.162 229.478 2.308
201209 2.032 231.407 2.151
201212 1.934 229.601 2.063
201303 1.922 232.773 2.023
201306 1.787 233.504 1.875
201309 1.502 234.149 1.571
201312 1.340 233.049 1.408
201403 1.568 236.293 1.625
201406 1.454 238.343 1.494
201409 0.637 238.031 0.656
201412 1.061 234.812 1.107
201503 0.696 236.119 0.722
201506 0.317 238.638 0.325
201509 0.092 237.945 0.095
201512 0.091 236.525 0.094
201603 0.104 238.132 0.107
201606 0.029 241.018 0.029
201609 -0.144 241.428 -0.146
201612 -0.163 241.432 -0.165
201703 -0.003 243.801 -0.003
201706 -0.003 244.955 -0.003

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 0.00 mean?
ERHC Energy (ERHE) has a Cyclically Adjusted PB Ratio of 0.00 as of Sep. 16, 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 ERHC Energy and its competitors.
Is ERHC Energy's Cyclically Adjusted PB Ratio too high?
ERHC Energy's current Cyclically Adjusted PB Ratio is 0.00.
How does ERHC Energy's Cyclically Adjusted PB Ratio compare to AKVA and UNIGF?
ERHC Energy's Cyclically Adjusted PB Ratio of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Cyclically Adjusted PB Ratio is 1.27. 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 1.27, based on 754 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. 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 ERHC Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ERHC Energy's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ERHC Energy stock overvalued right now?
ERHC Energy (ERHE) has a current Cyclically Adjusted PB Ratio of 0.00. The current Cyclically Adjusted PB Ratio is 0.00. 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 ERHC Energy (ERHE), the current Cyclically Adjusted PB Ratio is 0.00 as of Sep. 16, 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.

ERHC Energy Business Description

Industry EnergyOil & Gas
Address 5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056
ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.