EXCE (EXCO Resources) Cyclically Adjusted PB Ratio: (As of Jul. 06, 2026)


What is EXCO Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


EXCO Resources  (OTCPK:EXCE) 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.


EXCO Resources Cyclically Adjusted PB Ratio Related Terms


EXCO Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EXCO 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.

EXCO Resources Cyclically Adjusted PB Ratio Chart

EXCO Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

EXCO Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.00 0.00 0.00 0.00 0.00

EXCE vs UPLC, AXAS, CHAP: Cyclically Adjusted PB Ratio Comparison

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


EXCO Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



EXCO 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.

EXCO Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, EXCO Resources's adjusted Book Value per Share data for the three months ended in Dec. 2018 was:

Adj_Book=Book Value per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=-47.556/251.2330*251.2330
=-47.556

Current CPI (Dec. 2018) = 251.2330.

EXCO Resources Quarterly Data

Book Value per Share CPI Adj_Book
200903 16.653 212.709 19.669
200906 11.951 215.693 13.920
200909 42.873 215.969 49.873
200912 60.136 215.949 69.962
201003 68.366 217.631 78.922
201006 107.814 217.965 124.270
201009 111.785 218.439 128.567
201012 106.857 219.179 122.484
201103 108.567 223.467 122.057
201106 114.063 225.722 126.954
201109 119.265 226.889 132.062
201112 106.604 225.672 118.679
201203 87.091 229.392 95.383
201206 52.901 229.478 57.916
201209 29.012 231.407 31.498
201212 10.179 229.601 11.138
201303 20.443 232.773 22.064
201306 25.977 233.504 27.949
201309 18.895 234.149 20.274
201312 10.165 233.049 10.958
201403 22.263 236.293 23.671
201406 21.811 238.343 22.991
201409 23.397 238.031 24.695
201412 27.884 234.812 29.834
201503 10.656 236.119 11.338
201506 -14.105 238.638 -14.849
201509 -31.820 237.945 -33.597
201512 -35.101 236.525 -37.284
201603 -41.711 238.132 -44.006
201606 -47.261 241.018 -49.264
201609 -44.482 241.428 -46.289
201612 -46.218 241.432 -48.094
201703 -45.805 243.801 -47.201
201706 -34.231 244.955 -35.108
201709 -35.152 246.819 -35.781
201712 -39.120 246.524 -39.867
201803 -48.851 249.554 -49.180
201806 -48.544 251.989 -48.398
201809 -48.347 252.439 -48.116
201812 -47.556 251.233 -47.556

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.


EXCO Resources Business Description

Industry EnergyOil & Gas
Address 12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251
EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.