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Ecopetrol (FRA:ECHA) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2025)


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What is Ecopetrol Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecopetrol Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ecopetrol'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.

Ecopetrol Cyclically Adjusted PB Ratio Chart

Ecopetrol 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 1.67 1.85 1.55 1.46 1.03

Ecopetrol Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 1.44 - 1.03 -

Competitive Comparison of Ecopetrol's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


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

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

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


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Ecopetrol 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.

Ecopetrol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ecopetrol's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0/134.9266*134.9266
=0.000

Current CPI (Mar. 2025) = 134.9266.

Ecopetrol Quarterly Data

Book Value per Share CPI Adj_Book
201506 8.061 100.684 10.803
201509 7.075 100.392 9.509
201512 5.855 99.792 7.916
201603 5.912 100.470 7.940
201606 6.192 101.688 8.216
201609 6.691 101.861 8.863
201612 6.307 101.863 8.354
201703 6.904 102.862 9.056
201706 6.418 103.349 8.379
201709 6.402 104.136 8.295
201712 6.332 104.011 8.214
201803 6.334 105.290 8.117
201806 7.255 106.317 9.207
201809 7.305 106.507 9.254
201812 7.295 105.998 9.286
201903 7.085 107.251 8.913
201906 6.984 108.070 8.720
201909 7.710 108.329 9.603
201912 6.785 108.420 8.444
202003 6.612 108.902 8.192
202006 5.988 108.767 7.428
202009 5.971 109.815 7.336
202012 5.598 109.897 6.873
202103 6.143 111.754 7.417
202106 6.466 114.631 7.611
202109 6.937 115.734 8.087
202112 7.481 117.630 8.581
202203 7.476 121.301 8.316
202206 8.615 125.017 9.298
202209 8.540 125.227 9.202
202212 8.295 125.222 8.938
202303 6.824 127.348 7.230
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 8.431 129.419 8.790
202403 0.000 131.776 0.000
202406 8.239 132.554 8.386
202409 0.000 133.029 0.000
202412 8.366 133.157 8.477
202503 0.000 134.927 0.000

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.


Ecopetrol  (FRA:ECHA) 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.


Ecopetrol Cyclically Adjusted PB Ratio Related Terms

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


Ecopetrol Business Description

Industry
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Refining and Petrochemical segment.

Ecopetrol Headlines

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