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Guardian Exploration (Guardian Exploration) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Guardian Exploration Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Guardian Exploration Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Guardian Exploration'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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Guardian Exploration Cyclically Adjusted PB Ratio Chart

Guardian Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Guardian Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Guardian Exploration's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Guardian Exploration'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.


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

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

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



Guardian Exploration 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.

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

For example, Guardian Exploration'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)
=-0.007/126.2576*126.2576
=-0.007

Current CPI (Mar. 2024) = 126.2576.

Guardian Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.638 99.473 -0.810
201409 -0.625 99.394 -0.794
201412 -0.639 98.367 -0.820
201503 -0.582 99.789 -0.736
201506 -0.555 100.500 -0.697
201509 -0.539 100.421 -0.678
201512 -0.412 99.947 -0.520
201603 -0.333 101.054 -0.416
201606 -0.362 102.002 -0.448
201609 -0.355 101.765 -0.440
201612 -0.451 101.449 -0.561
201703 -0.464 102.634 -0.571
201706 -0.473 103.029 -0.580
201709 -0.523 103.345 -0.639
201712 -0.035 103.345 -0.043
201803 -0.036 105.004 -0.043
201806 -0.010 105.557 -0.012
201809 -0.011 105.636 -0.013
201812 -0.010 105.399 -0.012
201903 -0.011 106.979 -0.013
201906 -0.011 107.690 -0.013
201909 -0.012 107.611 -0.014
201912 -0.011 107.769 -0.013
202003 -0.011 107.927 -0.013
202006 -0.012 108.401 -0.014
202009 -0.013 108.164 -0.015
202012 -0.014 108.559 -0.016
202103 -0.008 110.298 -0.009
202106 -0.009 111.720 -0.010
202109 -0.010 112.905 -0.011
202112 -0.013 113.774 -0.014
202203 -0.013 117.646 -0.014
202206 -0.003 120.806 -0.003
202209 -0.003 120.648 -0.003
202212 -0.004 120.964 -0.004
202303 -0.004 122.702 -0.004
202306 -0.005 124.203 -0.005
202309 -0.006 125.230 -0.006
202312 -0.005 125.072 -0.005
202403 -0.007 126.258 -0.007

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.


Guardian Exploration  (OTCPK:GXUSF) 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.


Guardian Exploration Cyclically Adjusted PB Ratio Related Terms

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Guardian Exploration (Guardian Exploration) Business Description

Traded in Other Exchanges
Address
538 Hurricane Drive, Springbank Airport, Calgary, AB, CAN, T3Z 3S8
Guardian Exploration Inc is engaged in the exploration, development, and production of oil and natural gas properties in Western Canada. The company's first prospect is the Mount Cameron Property located in the Yukon's Mayo Mining District. Guardian also holds mineral claims located on southern Dall Island, southeast Alaska, USA, known as the Kaigani claims.

Guardian Exploration (Guardian Exploration) Headlines

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