HDYNQ (HyperDynamics) Cyclically Adjusted PB Ratio: (As of Jul. 14, 2026)

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.

What is HyperDynamics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HyperDynamics  (OTCPK:HDYNQ) 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.


HyperDynamics Cyclically Adjusted PB Ratio Related Terms


HyperDynamics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HyperDynamics'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.

HyperDynamics Cyclically Adjusted PB Ratio Chart

HyperDynamics Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Cyclically Adjusted PB Ratio
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HyperDynamics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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

HDYNQ vs FPPP, UNGS, GBEYF: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, HyperDynamics'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.


HyperDynamics Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



HyperDynamics 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.

HyperDynamics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, HyperDynamics's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=-0.145/244.9550*244.9550
=-0.145

Current CPI (Jun. 2017) = 244.9550.

HyperDynamics Quarterly Data

Book Value per Share CPI Adj_Book
200709 0.962 208.490 1.130
200712 0.792 210.036 0.924
200803 0.601 213.528 0.689
200806 0.900 218.815 1.008
200809 0.909 218.783 1.018
200812 0.440 210.228 0.513
200903 0.320 212.709 0.369
200906 0.530 215.693 0.602
200909 0.213 215.969 0.242
200912 0.728 215.949 0.826
201003 0.900 217.631 1.013
201006 1.652 217.965 1.857
201009 1.533 218.439 1.719
201012 3.483 219.179 3.893
201103 9.814 223.467 10.758
201106 9.727 225.722 10.556
201109 9.561 226.889 10.322
201112 9.343 225.672 10.141
201203 4.114 229.392 4.393
201206 3.645 229.478 3.891
201209 3.423 231.407 3.623
201212 3.243 229.601 3.460
201303 3.120 232.773 3.283
201306 2.930 233.504 3.074
201309 2.733 234.149 2.859
201312 2.344 233.049 2.464
201403 1.962 236.293 2.034
201406 2.146 238.343 2.206
201409 1.966 238.031 2.023
201412 1.793 234.812 1.870
201503 1.670 236.119 1.732
201506 1.541 238.638 1.582
201509 1.455 237.945 1.498
201512 1.371 236.525 1.420
201603 0.538 238.132 0.553
201606 0.472 241.018 0.480
201609 0.528 241.428 0.536
201612 0.214 241.432 0.217
201703 0.154 243.801 0.155
201706 -0.145 244.955 -0.145

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.


HyperDynamics Business Description

Industry EnergyOil & Gas
Address 12012 Wickchester Lane, Suite 475, Houston, TX, USA, 77079
HyperDynamics Corp, together with its subsidiaries, operates as an independent oil and gas exploration company. It is engaged in the acquisition, exploration, and development of oil and natural gas properties with large prospects in the offshore Republic of Guinea to northwest Africa. The company conducts its operational activities through Guinea project. Its exploration efforts are conducted through a Hydrocarbon production sharing contract.