GTE (Gran Tierra Energy) Cyclically Adjusted PB Ratio: 0.41 (As of Jul. 31, 2026) — 17% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

GTE Gran Tierra Energy Inc GTE
52 GF Score
Price $7.49
GF Value $5.04
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Gran Tierra Energy Cyclically Adjusted PB Ratio?

Gran Tierra Energy GTE +11.96% 52 Cyclically Adjusted PB Ratio is 0.41 as of Jul. 31, 2026, which is 17% above its 10-year median of 0.35. GuruFocus rates GTE with a GF Score™ of 52/100 and a GF Value™ of $5.04 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 765 Oil & Gas companies, Gran Tierra Energy ranks better than 80.13% on this metric.

As of today (2026-07-31), Gran Tierra Energy's current share price is $7.49. Gran Tierra Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.30. Gran Tierra Energy's Cyclically Adjusted PB Ratio for today is 0.41.

The historical rank and industry rank for Gran Tierra Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:

GTE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.35   Max: 1.3
Current: 0.37

During the past years, Gran Tierra Energy's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.06. And the median was 0.35.

GTE's Cyclically Adjusted PB Ratio is ranked better than
80.13% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs GTE: 0.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Gran Tierra Energy's adjusted book value per share data for the three months ended in Mar. 2026 was $3.082. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $18.30 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gran Tierra Energy  (AMEX:GTE) 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.


Gran Tierra Energy Cyclically Adjusted PB Ratio Related Terms


Gran Tierra Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gran Tierra 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.

Gran Tierra Energy Cyclically Adjusted PB Ratio Chart

Gran Tierra 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 0.27 0.37 0.23 0.34 0.23

Gran Tierra Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.24 0.24 0.22 0.23 0.49

GTE vs INR, PNRG, UNTC: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Gran Tierra 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.


Gran Tierra Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


GTE
52GF Score
Gran Tierra Energy Inc GTE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gran Tierra 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.

Gran Tierra Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.49/18.30
=0.41

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.082/132.2623*132.2623
=3.082

Current CPI (Mar. 2026) = 132.2623.

Gran Tierra Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.729 102.002 32.065
201609 20.009 101.765 26.005
201612 18.168 101.449 23.686
201703 21.089 102.634 27.177
201706 21.000 103.029 26.959
201709 21.132 103.345 27.045
201712 20.979 103.345 26.849
201803 21.476 105.004 27.051
201806 24.299 105.557 30.447
201809 26.870 105.636 33.643
201812 26.603 105.399 33.383
201903 26.676 106.979 32.981
201906 27.797 107.690 34.140
201909 27.387 107.611 33.661
201912 28.138 107.769 34.533
202003 21.297 107.927 26.099
202006 11.213 108.401 13.681
202009 8.292 108.164 10.139
202012 7.004 108.559 8.533
202103 6.000 110.298 7.195
202106 5.537 111.720 6.555
202109 6.508 112.905 7.624
202112 8.228 113.774 9.565
202203 8.626 117.646 9.698
202206 10.076 120.806 11.032
202209 11.074 120.648 12.140
202212 12.063 120.964 13.190
202303 11.942 122.702 12.872
202306 11.639 124.203 12.394
202309 11.852 125.230 12.518
202312 12.292 125.072 12.999
202403 12.484 126.258 13.078
202406 13.568 127.522 14.072
202409 13.731 127.285 14.268
202412 11.497 127.364 11.939
202503 11.086 129.181 11.350
202506 11.046 129.892 11.248
202509 10.368 130.287 10.525
202512 6.480 130.366 6.574
202603 3.082 132.262 3.082

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.

What does a Cyclically Adjusted PB Ratio of 0.41 mean?
Gran Tierra Energy (GTE) has a Cyclically Adjusted PB Ratio of 0.41 as of Jul. 31, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Gran Tierra Energy and its competitors. This is 17% above median its historical median of 0.35. Over the past decade, Gran Tierra Energy's Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.30. According to the industry distribution chart, Gran Tierra Energy ranks #152 out of 765 companies in the Oil & Gas industry, placing it in the top 19.9%.
Is Gran Tierra Energy's Cyclically Adjusted PB Ratio too high?
Gran Tierra Energy's current Cyclically Adjusted PB Ratio of 0.41 is 17% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.30. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Gran Tierra Energy's value of 0.41 is 66.1% below this industry median. Based on the distribution chart, Gran Tierra Energy ranks #152 out of 765 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Gran Tierra Energy has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gran Tierra Energy's Cyclically Adjusted PB Ratio compare to INR and PNRG?
According to the Oil & Gas industry distribution chart, Gran Tierra Energy ranks #152 out of 765 companies for Cyclically Adjusted PB Ratio. This places Gran Tierra Energy in the top 20% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Gran Tierra Energy's value of 0.41 is 66.1% below this benchmark. Historically, Gran Tierra Energy's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.30 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.21, Gran Tierra Energy has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gran Tierra Energy's current Cyclically Adjusted PB Ratio of 0.41 is 66.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Gran Tierra Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gran Tierra Energy's current Cyclically Adjusted PB Ratio is 0.41, which is 17% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gran Tierra Energy stock overvalued right now?
Based on GuruFocus' analysis, Gran Tierra Energy (GTE) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.04, compared to a current price of $7.49 — trading 48.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.41, which is 17% above median its 10-year median of 0.35 and 66.1% below the Oil & Gas industry median of 1.21. Gran Tierra Energy's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Gran Tierra Energy (GTE), the current Cyclically Adjusted PB Ratio is 0.41 as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gran Tierra Energy (GTE) Overvalued in 2026?

Based on GuruFocus' analysis, Gran Tierra Energy stock appears to be overvalued. The current stock price of $7.49 is trading 48.6% above its estimated GF Value™ of $5.04. GuruFocus considers Gran Tierra Energy to be Significantly Overvalued.

Key valuation signals for GTE:

  • Cyclically Adjusted PB Ratio: 0.41 (17% above median its 10-year median of 0.35)
  • GF Value™: $5.04 vs. price of $7.49 (48.6% above fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 66.1% below the Oil & Gas median (#152 of 765)

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


Gran Tierra Energy Business Description

Industry EnergyOil & Gas
Address 500 Centre Street Southeast, Calgary, AB, CAN, T2G 1A6
Gran Tierra Energy Inc is an independent energy company. The company, along with its subsidiaries, is focused on oil and gas exploration and production, with assets in Colombia, Canada, and Ecuador. It produces oil, natural gas, and natural gas liquids. Gran Tierra has assembled a diversified, high-quality asset base that is fully operated in Colombia and Ecuador and partly in Canada. The company operates various blocks in Colombia and Ecuador, spanning three basins. It also has contiguous areas in Alberta, Canada, spanning various gross acres across the Western Canadian Sedimentary Basin. The company's reportable segments are Colombia, Ecuador, Canada, and Other. The majority of its revenue comes from operations in Colombia.
52GF Score

Get the complete analysis for GTE

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

$7.49
Price
$5.04
GF Value