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BPZ Resources (FRA:NA4) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is BPZ Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BPZ Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BPZ Resources'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.

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BPZ Resources Cyclically Adjusted PB Ratio Chart

BPZ Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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BPZ Resources Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of BPZ Resources's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, BPZ Resources'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.


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

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

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



BPZ Resources 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.

BPZ Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2015 is calculated as:

For example, BPZ Resources's adjusted Book Value per Share data for the three months ended in Mar. 2015 was:

Adj_Book=Book Value per Share/CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=0.111/99.6211*99.6211
=0.111

Current CPI (Mar. 2015) = 99.6211.

BPZ Resources Quarterly Data

Book Value per Share CPI Adj_Book
200506 0.096 82.062 0.117
200509 0.805 83.876 0.956
200512 0.776 83.032 0.931
200603 0.777 84.298 0.918
200606 0.927 85.606 1.079
200609 0.780 85.606 0.908
200612 1.017 85.142 1.190
200703 0.853 86.640 0.981
200706 1.131 87.906 1.282
200709 1.036 87.964 1.173
200712 0.975 88.616 1.096
200803 1.098 90.090 1.214
200806 1.192 92.320 1.286
200809 1.418 92.307 1.530
200812 1.495 88.697 1.679
200903 1.649 89.744 1.830
200906 1.747 91.003 1.912
200909 1.662 91.120 1.817
200912 1.619 91.111 1.770
201003 1.954 91.821 2.120
201006 2.147 91.962 2.326
201009 1.719 92.162 1.858
201012 1.645 92.474 1.772
201103 1.512 94.283 1.598
201106 1.478 95.235 1.546
201109 1.589 95.727 1.654
201112 1.459 95.213 1.527
201203 1.279 96.783 1.317
201206 1.289 96.819 1.326
201209 1.145 97.633 1.168
201212 1.214 96.871 1.248
201303 1.142 98.209 1.158
201306 1.001 98.518 1.012
201309 0.935 98.790 0.943
201312 0.854 98.326 0.865
201403 0.821 99.695 0.820
201406 0.829 100.560 0.821
201409 0.583 100.428 0.578
201412 0.228 99.070 0.229
201503 0.111 99.621 0.111

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.


BPZ Resources  (FRA:NA4) 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.


BPZ Resources Cyclically Adjusted PB Ratio Related Terms

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BPZ Resources (FRA:NA4) Business Description

Industry
Traded in Other Exchanges
N/A
Address
BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.

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