Sound Energy (FRA:88S) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Sound Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sound Energy  (FRA:88S) 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.


Sound Energy Cyclically Adjusted PB Ratio Related Terms


Sound Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sound Energy'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.

Sound Energy Cyclically Adjusted PB Ratio Chart

Sound Energy 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 0.23 0.07 0.00 0.07 0.11

Sound Energy Semi-Annual Data
Jun16 Dec16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.03 0.07 0.02 0.11 0.02

FRA:88S vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Sound Energy'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.


Sound Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Sound Energy 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.

Sound Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Sound Energy's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.028/139.9000*139.9000
=-0.028

Current CPI (Dec25) = 139.9000.

Sound Energy Annual Data

Book Value per Share CPI Adj_Book
201612 1.014 102.200 1.388
201712 1.913 105.000 2.549
201812 1.891 107.100 2.470
201912 1.774 108.500 2.287
202012 1.220 109.400 1.560
202112 1.134 114.700 1.383
202212 1.086 125.300 1.213
202312 0.980 130.500 1.051
202412 0.099 135.100 0.103
202512 -0.028 139.900 -0.028

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.


Sound Energy Business Description

Industry EnergyOil & Gas
Other Exchanges SNEGF:USASOU:UK
Address 20 St Dunstan\'s Hill, London, GBR, EC3R 8HL
Sound Energy PLC is the holding company for a group of energy-focused companies, whose principal activities are currently the exploration, appraisal, and development of gas assets. The group's current principal area of activity is in Morocco, and the company is focused on achieving its first production from an onshore discovery. The company categorizes its operations into three business segments: corporate, exploration and appraisal, and development and production.