GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enxnet Inc (OTCPK:EXNT) » Definitions » Cyclically Adjusted PB Ratio

Enxnet (Enxnet) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


View and export this data going back to . Start your Free Trial

What is Enxnet Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Enxnet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Enxnet'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.

Enxnet Cyclically Adjusted PB Ratio Chart

Enxnet Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Enxnet Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - - -

Competitive Comparison of Enxnet's Cyclically Adjusted PB Ratio

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


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

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

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



Enxnet 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.

Enxnet's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Enxnet's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.033/108.3294*108.3294
=-0.033

Current CPI (Sep. 2019) = 108.3294.

Enxnet Quarterly Data

Book Value per Share CPI Adj_Book
200912 -0.042 91.111 -0.050
201003 -0.041 91.821 -0.048
201006 -0.039 91.962 -0.046
201009 -0.030 92.162 -0.035
201012 -0.030 92.474 -0.035
201103 -0.032 94.283 -0.037
201106 -0.033 95.235 -0.038
201109 -0.031 95.727 -0.035
201112 -0.032 95.213 -0.036
201203 -0.033 96.783 -0.037
201206 -0.031 96.819 -0.035
201209 -0.031 97.633 -0.034
201212 -0.031 96.871 -0.035
201303 -0.031 98.209 -0.034
201306 -0.031 98.518 -0.034
201309 -0.031 98.790 -0.034
201312 -0.031 98.326 -0.034
201403 -0.031 99.695 -0.034
201406 -0.031 100.560 -0.033
201409 -0.031 100.428 -0.033
201412 -0.030 99.070 -0.033
201503 -0.031 99.621 -0.034
201506 -0.032 100.684 -0.034
201509 -0.031 100.392 -0.033
201512 -0.031 99.792 -0.034
201603 -0.032 100.470 -0.035
201606 -0.032 101.688 -0.034
201609 -0.032 101.861 -0.034
201612 -0.033 101.863 -0.035
201703 -0.033 102.862 -0.035
201706 -0.033 103.349 -0.035
201709 -0.033 104.136 -0.034
201712 -0.034 104.011 -0.035
201803 -0.036 105.290 -0.037
201806 -0.037 106.317 -0.038
201809 -0.034 106.507 -0.035
201812 -0.034 105.998 -0.035
201903 -0.033 107.251 -0.033
201906 -0.033 108.070 -0.033
201909 -0.033 108.329 -0.033

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.


Enxnet  (OTCPK:EXNT) 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.


Enxnet Cyclically Adjusted PB Ratio Related Terms

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


Enxnet (Enxnet) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7450 S. Winston Avenue, Tulsa, OK, USA, 74136
Enxnet Inc is the United States based natural gas and petroleum exploitation, development, and production company engaged in locating and developing hydrocarbon resources, in the Rocky Mountain region. Its principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases. The company has leased property in Colorado and is searching for additional opportunities in the natural gas and petroleum industry.
Executives
Stephen J Hoelscher officer: CFO 515 CONGRESS AVE, STE 1400, AUSTIN TX 78701

Enxnet (Enxnet) Headlines

No Headlines