Cardinal Energy (FRA:C0Y) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

FRA:C0Y Cardinal Energy Ltd FRA:C0Y
52 GF Score
Price €7.79
GF Value €4.35
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Cardinal Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cardinal Energy  (FRA:C0Y) 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.


Cardinal Energy Cyclically Adjusted PB Ratio Related Terms


Cardinal Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cardinal 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.

Cardinal Energy Cyclically Adjusted PB Ratio Chart

Cardinal 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 0.51 0.84 0.73 0.85 1.20

Cardinal Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.85 0.99 1.21 1.55 1.50

FRA:C0Y vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

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


Cardinal Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


FRA:C0Y
52GF Score
Cardinal Energy Ltd FRA:C0Y
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cardinal 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.

Cardinal Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Cardinal Energy's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.403/133.5265*133.5265
=3.403

Current CPI (Jun. 2026) = 133.5265.

Cardinal Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.258 101.765 8.211
201612 6.191 101.449 8.149
201703 5.959 102.634 7.753
201706 5.103 103.029 6.614
201709 4.976 103.345 6.429
201712 4.487 103.345 5.797
201803 4.069 105.004 5.174
201806 4.021 105.557 5.086
201809 4.106 105.636 5.190
201812 4.369 105.399 5.535
201903 4.411 106.979 5.506
201906 4.454 107.690 5.523
201909 4.595 107.611 5.702
201912 4.460 107.769 5.526
202003 1.585 107.927 1.961
202006 1.463 108.401 1.802
202009 1.417 108.164 1.749
202012 1.971 108.559 2.424
202103 1.823 110.298 2.207
202106 1.881 111.720 2.248
202109 3.079 112.905 3.641
202112 3.328 113.774 3.906
202203 3.616 117.646 4.104
202206 3.963 120.806 4.380
202209 3.997 120.648 4.424
202212 4.108 120.964 4.535
202303 3.932 122.702 4.279
202306 4.014 124.203 4.315
202309 4.102 125.230 4.374
202312 3.998 125.072 4.268
202403 3.893 126.258 4.117
202406 3.939 127.522 4.124
202409 3.827 127.285 4.015
202412 3.873 127.364 4.060
202503 3.662 129.181 3.785
202506 3.511 129.892 3.609
202509 3.393 130.287 3.477
202512 3.230 130.366 3.308
202603 3.290 132.262 3.321
202606 3.403 133.527 3.403

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.

Is Cardinal Energy (FRA:C0Y) Overvalued in 2026?

Based on GuruFocus' analysis, Cardinal Energy stock appears to be overvalued. The current stock price of €7.79 is trading 79.1% above its estimated GF Value™ of €4.35. GuruFocus considers Cardinal Energy to be Significantly Overvalued.

Key valuation signals for FRA:C0Y:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €4.35 vs. price of €7.79 (79.1% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the FRA:C0Y stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cardinal Energy Business Description

Industry EnergyOil & Gas
Address 400 - 3rd Avenue SW, Suite 600, Calgary, AB, CAN, T2P 4H2
Cardinal Energy Ltd is an oil-focused Canadian company engaged in the acquisition, exploration, and production of petroleum and natural gas in the provinces of Alberta, British Columbia, and Saskatchewan. The company generates the majority of its revenue from crude oil, natural gas, and natural gas liquids.
52GF Score

Get the complete analysis for FRA:C0Y

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.79
Price
€4.35
GF Value