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1st NRG (1st NRG) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is 1st NRG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


1st NRG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 1st NRG'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.

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1st NRG Cyclically Adjusted PB Ratio Chart

1st NRG Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted PB Ratio
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1st NRG Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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Competitive Comparison of 1st NRG's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, 1st NRG'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.


1st NRG's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, 1st NRG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 1st NRG's Cyclically Adjusted PB Ratio falls into.



1st NRG 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.

1st NRG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2009 is calculated as:

For example, 1st NRG's adjusted Book Value per Share data for the three months ended in Sep. 2009 was:

Adj_Book=Book Value per Share/CPI of Sep. 2009 (Change)*Current CPI (Sep. 2009)
=-2833.333/91.1196*91.1196
=-2,833.333

Current CPI (Sep. 2009) = 91.1196.

1st NRG Quarterly Data

Book Value per Share CPI Adj_Book
199912 0.000 71.008 0.000
200003 0.000 72.231 0.000
200006 0.000 72.737 0.000
200009 0.000 73.286 0.000
200012 0.000 73.413 0.000
200103 0.000 74.341 0.000
200106 0.000 75.100 0.000
200109 0.000 75.227 0.000
200112 0.000 74.552 0.000
200203 0.000 75.438 0.000
200206 0.000 75.902 0.000
200209 0.000 76.366 0.000
200212 0.000 76.324 0.000
200303 0.000 77.716 0.000
200306 0.000 77.505 0.000
200309 0.000 78.138 0.000
200312 0.000 77.758 0.000
200403 0.000 79.066 0.000
200406 0.000 80.037 0.000
200409 0.000 80.121 0.000
200412 0.000 80.290 0.000
200503 0.000 81.555 0.000
200506 0.000 82.062 0.000
200509 0.000 83.876 0.000
200512 0.000 83.032 0.000
200603 0.000 84.298 0.000
200606 0.000 85.606 0.000
200609 0.000 85.606 0.000
200612 0.000 85.142 0.000
200703 0.000 86.640 0.000
200706 0.000 87.906 0.000
200709 0.000 87.964 0.000
200712 0.000 88.616 0.000
200803 -7,271.429 90.090 -7,354.556
200806 -6,511.111 92.320 -6,426.422
200809 -2,411.321 92.307 -2,380.305
200812 -2,207.407 88.697 -2,267.688
200903 -2,392.593 89.744 -2,429.261
200906 -2,583.333 91.003 -2,586.637
200909 -2,833.333 91.120 -2,833.333

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.


1st NRG  (OTCPK:FNRC) 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.


1st NRG Cyclically Adjusted PB Ratio Related Terms

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1st NRG (1st NRG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1531 Stout Street, Suite 607, Denver, CO, USA, 80202
1st NRG Corp is an exploration and production company. The company is primarily engaged in the development of natural gas producing properties in the Powder River Basin of Wyoming. The company operates in one industry segment, the exploration, development, production, and sale of oil and natural gas. Its project portfolio comprises Clabaugh ranch, eastern Ohio - Beekmantown dolomite, and coalbed methane.

1st NRG (1st NRG) Headlines

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