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PHX Minerals (FRA:5AH) Cyclically Adjusted PB Ratio : 0.50 (As of May. 24, 2024)


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What is PHX Minerals Cyclically Adjusted PB Ratio?

As of today (2024-05-24), PHX Minerals's current share price is €2.98. PHX Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.99. PHX Minerals's Cyclically Adjusted PB Ratio for today is 0.50.

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

FRA:5AH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 2.59   Max: 7.52
Current: 0.48

During the past years, PHX Minerals's highest Cyclically Adjusted PB Ratio was 7.52. The lowest was 0.22. And the median was 2.59.

FRA:5AH's Cyclically Adjusted PB Ratio is ranked better than
69.31% of 821 companies
in the Oil & Gas industry
Industry Median: 0.98 vs FRA:5AH: 0.48

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.

PHX Minerals's adjusted book value per share data for the three months ended in Mar. 2024 was €3.134. 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 €5.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PHX Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PHX Minerals'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.

PHX Minerals Cyclically Adjusted PB Ratio Chart

PHX Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 0.21 0.45 0.46 0.48

PHX Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 0.45 0.53 0.48 0.51

Competitive Comparison of PHX Minerals's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, PHX Minerals'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.


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

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

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



PHX Minerals 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.

PHX Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.98/5.99
=0.50

* 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.

PHX Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PHX Minerals's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.134/131.7762*131.7762
=3.134

Current CPI (Mar. 2024) = 131.7762.

PHX Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.915 100.560 6.441
201409 5.609 100.428 7.360
201412 6.297 99.070 8.376
201503 7.230 99.621 9.564
201506 6.901 100.684 9.032
201509 6.833 100.392 8.969
201512 6.820 99.792 9.006
201603 6.279 100.470 8.235
201606 6.155 101.688 7.976
201609 6.183 101.861 7.999
201612 6.352 101.863 8.217
201703 6.460 102.862 8.276
201706 6.192 103.349 7.895
201709 5.871 104.136 7.429
201712 6.533 104.011 8.277
201803 6.307 105.290 7.894
201806 6.593 106.317 8.172
201809 6.588 106.507 8.151
201812 7.335 105.998 9.119
201903 7.202 107.251 8.849
201906 7.371 108.070 8.988
201909 4.407 108.329 5.361
201912 4.411 108.420 5.361
202003 3.342 108.902 4.044
202006 3.057 108.767 3.704
202009 2.405 109.815 2.886
202012 2.286 109.897 2.741
202103 2.311 111.754 2.725
202106 2.096 114.631 2.409
202109 2.066 115.734 2.352
202112 2.298 117.630 2.574
202203 2.257 121.301 2.452
202206 2.625 125.017 2.767
202209 3.043 125.227 3.202
202212 2.916 125.222 3.069
202303 3.145 127.348 3.254
202306 3.103 128.729 3.176
202309 3.192 129.860 3.239
202312 3.140 129.419 3.197
202403 3.134 131.776 3.134

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.


PHX Minerals  (FRA:5AH) 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.


PHX Minerals Cyclically Adjusted PB Ratio Related Terms

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


PHX Minerals (FRA:5AH) Business Description

Industry
Traded in Other Exchanges
Address
1320 South University Drive, Suite 720, Fort Worth, TX, USA, 76107
PHX Minerals, previously Panhandle Oil & Gas, is an oil and natural gas mineral company that has employed a strategy to shift the core of its business away from drilling and toward perpetual mineral and natural gas ownership. The company owns substantial mineral acreage, principally in Oklahoma, North Dakota, Texas, New Mexico, and Arkansas, but still maintains legacy interests in natural gas and oil properties that have retired operations. The sale of natural gas, natural gas liquids, and oil continues to be the primary source of the company's revenue.

PHX Minerals (FRA:5AH) Headlines

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