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Petrichor Energy (FRA:YQNP) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Petrichor Energy Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Petrichor Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Petrichor 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.

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Petrichor Energy Cyclically Adjusted PB Ratio Chart

Petrichor Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 - - - -

Petrichor Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Petrichor Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Petrichor 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.

Petrichor Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Petrichor Energy's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.277/126.2576*126.2576
=-0.277

Current CPI (Mar. 2024) = 126.2576.

Petrichor Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.089 99.473 0.113
201409 0.086 99.394 0.109
201412 0.070 98.367 0.090
201503 0.063 99.789 0.080
201506 0.055 100.500 0.069
201509 0.042 100.421 0.053
201512 0.034 99.947 0.043
201603 0.027 101.054 0.034
201606 0.020 102.002 0.025
201609 0.012 101.765 0.015
201612 0.001 101.449 0.001
201703 -0.006 102.634 -0.007
201706 -0.012 103.029 -0.015
201709 -0.017 103.345 -0.021
201712 -0.178 103.345 -0.217
201803 -0.172 105.004 -0.207
201806 -0.186 105.557 -0.222
201809 -0.190 105.636 -0.227
201812 -0.268 105.399 -0.321
201903 -0.274 106.979 -0.323
201906 -0.277 107.690 -0.325
201909 -0.290 107.611 -0.340
201912 -0.291 107.769 -0.341
202003 -0.208 107.927 -0.243
202006 -0.214 108.401 -0.249
202009 -0.213 108.164 -0.249
202012 -0.216 108.559 -0.251
202103 -0.228 110.298 -0.261
202106 -0.235 111.720 -0.266
202109 -0.237 112.905 -0.265
202112 -0.248 113.774 -0.275
202203 -0.261 117.646 -0.280
202206 -0.273 120.806 -0.285
202209 -0.286 120.648 -0.299
202212 -0.265 120.964 -0.277
202303 -0.264 122.702 -0.272
202306 -0.272 124.203 -0.276
202309 -0.276 125.230 -0.278
202312 -0.274 125.072 -0.277
202403 -0.277 126.258 -0.277

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.


Petrichor Energy  (FRA:YQNP) 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.


Petrichor Energy Cyclically Adjusted PB Ratio Related Terms

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Petrichor Energy (FRA:YQNP) Business Description

Industry
Traded in Other Exchanges
Address
595 Howe Street, Suite 303, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5
Petrichor Energy Inc is a Canada-based company that operates as an oil and gas exploration company. Its principal activity is the acquisition, exploration, and development of oil and gas properties. Its projects include Marble Falls Property; Cobb No.1 Well; Garner No.2 Well; Hinson No.1 Well; and Verba Field.

Petrichor Energy (FRA:YQNP) Headlines

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