FECOF (FEC Resources) Cyclically Adjusted PB Ratio: (As of Jul. 01, 2026)


What is FEC Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FEC Resources  (OTCPK:FECOF) 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.


FEC Resources Cyclically Adjusted PB Ratio Related Terms


FEC Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FEC 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.

FEC Resources Cyclically Adjusted PB Ratio Chart

FEC Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.46 0.50 0.40 0.51

FEC Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
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 0.40 0.37 0.45 0.51 0.26

FECOF vs PTCO, GRVE, LEEN: Cyclically Adjusted PB Ratio Comparison

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


FEC Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



FEC 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.

FEC Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, FEC Resources's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.008/132.2623*132.2623
=0.008

Current CPI (Mar. 2026) = 132.2623.

FEC Resources Quarterly Data

Book Value per Share CPI Adj_Book
201512 0.001 99.947 0.001
201603 0.000 101.054 0.000
201606 0.001 102.002 0.001
201612 0.001 101.449 0.001
201703 0.005 102.634 0.006
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.005 103.345 0.006
201803 0.005 105.004 0.006
201806 0.005 105.557 0.006
201809 0.005 105.636 0.006
201812 0.005 105.399 0.006
201903 0.004 106.979 0.005
201906 0.004 107.690 0.005
201909 0.004 107.611 0.005
201912 0.004 107.769 0.005
202003 0.004 107.927 0.005
202006 0.004 108.401 0.005
202009 0.003 108.164 0.004
202012 0.003 108.559 0.004
202103 0.003 110.298 0.004
202106 0.003 111.720 0.004
202109 0.003 112.905 0.004
202112 0.003 113.774 0.003
202203 0.002 117.646 0.002
202206 0.002 120.806 0.002
202209 0.002 120.648 0.002
202212 0.002 120.964 0.002
202303 0.000 122.702 0.000
202306 0.002 124.203 0.002
202309 0.002 125.230 0.002
202312 0.002 125.072 0.002
202403 0.002 126.258 0.002
202406 0.010 127.522 0.010
202409 0.010 127.285 0.010
202412 0.009 127.364 0.009
202503 0.007 129.181 0.007
202506 0.006 129.892 0.006
202512 0.006 130.366 0.006
202603 0.008 132.262 0.008

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.


FEC Resources Business Description

Industry EnergyOil & Gas
Address 550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
FEC Resources Inc is a Canada-based company engaged in exploration and development of oil and gas and other mineral-related opportunities either directly or indirectly through the companies in which it invests.