GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CES Energy Solutions Corp (FRA:7C4) » Definitions » Cyclically Adjusted PB Ratio

CES Energy Solutions (FRA:7C4) Cyclically Adjusted PB Ratio : 2.24 (As of Apr. 29, 2025)


View and export this data going back to 2017. Start your Free Trial

What is CES Energy Solutions Cyclically Adjusted PB Ratio?

As of today (2025-04-29), CES Energy Solutions's current share price is €3.88. CES Energy Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €1.73. CES Energy Solutions's Cyclically Adjusted PB Ratio for today is 2.24.

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

FRA:7C4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.47   Max: 5.63
Current: 2.25

During the past years, CES Energy Solutions's highest Cyclically Adjusted PB Ratio was 5.63. The lowest was 0.28. And the median was 1.47.

FRA:7C4's Cyclically Adjusted PB Ratio is ranked worse than
82.96% of 769 companies
in the Oil & Gas industry
Industry Median: 0.83 vs FRA:7C4: 2.25

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.

CES Energy Solutions's adjusted book value per share data for the three months ended in Dec. 2024 was €2.422. 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 €1.73 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CES Energy Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CES Energy Solutions'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.

CES Energy Solutions Cyclically Adjusted PB Ratio Chart

CES Energy Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.89 1.11 1.31 3.64

CES Energy Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.31 1.77 2.84 2.76 3.64

Competitive Comparison of CES Energy Solutions's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.


CES Energy Solutions's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


;
;

CES Energy Solutions 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.

CES Energy Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.88/1.73
=2.24

* 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.

CES Energy Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, CES Energy Solutions's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.422/127.3637*127.3637
=2.422

Current CPI (Dec. 2024) = 127.3637.

CES Energy Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201503 2.032 99.789 2.593
201506 1.928 100.500 2.443
201509 1.920 100.421 2.435
201512 1.615 99.947 2.058
201603 1.430 101.054 1.802
201606 1.436 102.002 1.793
201609 1.435 101.765 1.796
201612 1.541 101.449 1.935
201703 1.552 102.634 1.926
201706 1.470 103.029 1.817
201709 1.488 103.345 1.834
201712 1.465 103.345 1.805
201803 1.473 105.004 1.787
201806 1.607 105.557 1.939
201809 1.594 105.636 1.922
201812 1.716 105.399 2.074
201903 1.698 106.979 2.022
201906 1.683 107.690 1.990
201909 1.772 107.611 2.097
201912 1.759 107.769 2.079
202003 1.275 107.927 1.505
202006 1.159 108.401 1.362
202009 1.083 108.164 1.275
202012 1.132 108.559 1.328
202103 1.172 110.298 1.353
202106 1.188 111.720 1.354
202109 1.240 112.905 1.399
202112 1.326 113.774 1.484
202203 1.363 117.646 1.476
202206 1.503 120.806 1.585
202209 1.730 120.648 1.826
202212 1.663 120.964 1.751
202303 1.691 122.702 1.755
202306 1.760 124.203 1.805
202309 1.869 125.230 1.901
202312 1.905 125.072 1.940
202403 2.053 126.258 2.071
202406 2.196 127.522 2.193
202409 2.163 127.285 2.164
202412 2.422 127.364 2.422

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.


CES Energy Solutions  (FRA:7C4) 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.


CES Energy Solutions Cyclically Adjusted PB Ratio Related Terms

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


CES Energy Solutions Business Description

Industry
Traded in Other Exchanges
Address
332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2
CES Energy Solutions Corp provides consumable chemical solutions throughout the lifecycle of the oilfield. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.

CES Energy Solutions Headlines

No Headlines