Tuktu Resources (FRA:V23) Cyclically Adjusted PB Ratio: (As of Sep. 16, 2026)

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What is Tuktu Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tuktu Resources  (FRA:V23) 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.


Tuktu Resources Cyclically Adjusted PB Ratio Related Terms


Tuktu Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tuktu 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.

Tuktu Resources Cyclically Adjusted PB Ratio Chart

Tuktu Resources 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 0.00 0.00 0.00 0.00 0.00

Tuktu Resources 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 0.00 0.00 0.00 0.00 0.00

FRA:V23 vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

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


Tuktu Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Tuktu 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.

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

For example, Tuktu Resources'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)
=0.006/133.5265*133.5265
=0.006

Current CPI (Jun. 2026) = 133.5265.

Tuktu Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.015 101.765 -0.020
201612 -0.015 101.449 -0.020
201703 -0.016 102.634 -0.021
201706 -0.015 103.029 -0.019
201709 -0.016 103.345 -0.021
201712 -0.018 103.345 -0.023
201803 -0.007 105.004 -0.009
201806 -0.008 105.557 -0.010
201809 -0.010 105.636 -0.013
201812 -0.008 105.399 -0.010
201903 -0.009 106.979 -0.011
201906 -0.010 107.690 -0.012
201909 -0.011 107.611 -0.014
201912 -0.003 107.769 -0.004
202003 -0.003 107.927 -0.004
202006 -0.005 108.401 -0.006
202009 -0.005 108.164 -0.006
202012 -0.006 108.559 -0.007
202103 -0.007 110.298 -0.008
202106 -0.008 111.720 -0.010
202109 -0.009 112.905 -0.011
202112 -0.010 113.774 -0.012
202203 -0.012 117.646 -0.014
202206 -0.017 120.806 -0.019
202209 -0.067 120.648 -0.074
202212 -0.001 120.964 -0.001
202303 0.014 122.702 0.015
202306 0.016 124.203 0.017
202309 0.013 125.230 0.014
202312 0.022 125.072 0.023
202403 0.021 126.258 0.022
202406 0.018 127.522 0.019
202409 0.009 127.285 0.009
202412 0.030 127.364 0.031
202503 0.028 129.181 0.029
202506 0.027 129.892 0.028
202509 0.024 130.287 0.025
202512 0.013 130.366 0.013
202603 0.007 132.262 0.007
202606 0.006 133.527 0.006

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.


Tuktu Resources Business Description

Industry EnergyOil & Gas
Other Exchanges JAMGF:USATUK:Canada
Address 960, 630 - 6th Avenue SW, Calgary, AB, CAN, T2P 0S8
Tuktu Resources Ltd is engaged in the business of oil and natural gas exploration, development, and production. It has gathered a block of developed and undeveloped land harboring at least three light oil targets, an extensive fractured sweet gas reservoir, and a fractured light oil reservoir at the edge of the foothills belt in Southwestern Alberta Deep Basin & Foothills region for its oil and natural gas exploration operations.