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InPlay Oil (InPlay Oil) Cyclically Adjusted PB Ratio : 0.18 (As of Apr. 30, 2024)


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What is InPlay Oil Cyclically Adjusted PB Ratio?

As of today (2024-04-30), InPlay Oil's current share price is $1.80. InPlay Oil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.79. InPlay Oil's Cyclically Adjusted PB Ratio for today is 0.18.

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

IPOOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.2
Current: 0.19

During the past years, InPlay Oil's highest Cyclically Adjusted PB Ratio was 0.20. The lowest was 0.01. And the median was 0.03.

IPOOF's Cyclically Adjusted PB Ratio is ranked better than
86.47% of 813 companies
in the Oil & Gas industry
Industry Median: 1.02 vs IPOOF: 0.19

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.

InPlay Oil's adjusted book value per share data for the three months ended in Dec. 2023 was $2.430. 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 $9.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


InPlay Oil Cyclically Adjusted PB Ratio Historical Data

The historical data trend for InPlay Oil'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.

* Premium members only.

InPlay Oil Cyclically Adjusted PB Ratio Chart

InPlay Oil 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 - - 0.01 0.05 0.17

InPlay Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 0.07 0.11 0.15 0.17

Competitive Comparison of InPlay Oil's Cyclically Adjusted PB Ratio

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


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

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

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



InPlay Oil 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.

InPlay Oil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.80/9.79
=0.18

* 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.

InPlay Oil's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, InPlay Oil's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.43/125.4675*125.4675
=2.430

Current CPI (Dec. 2023) = 125.4675.

InPlay Oil Quarterly Data

Book Value per Share CPI Adj_Book
201403 150.484 98.604 191.481
201406 149.707 99.473 188.828
201409 132.240 99.394 166.929
201412 -139.739 98.367 -178.237
201503 -17.236 99.789 -21.671
201506 -35.984 100.500 -44.923
201509 -182.921 100.421 -228.543
201512 239.554 99.947 300.721
201603 7.708 101.054 9.570
201606 1.933 102.002 2.378
201609 1.812 101.765 2.234
201612 2.251 101.449 2.784
201703 2.262 102.634 2.765
201706 2.293 103.029 2.792
201709 2.466 103.345 2.994
201712 2.194 103.345 2.664
201803 2.185 105.004 2.611
201806 2.154 105.557 2.560
201809 2.154 105.636 2.558
201812 2.002 105.399 2.383
201903 2.026 106.979 2.376
201906 1.956 107.690 2.279
201909 1.952 107.611 2.276
201912 1.753 107.769 2.041
202003 0.602 107.927 0.700
202006 0.555 108.401 0.642
202009 0.540 108.164 0.626
202012 0.523 108.559 0.604
202103 0.447 110.298 0.508
202106 1.169 111.720 1.313
202109 1.224 112.905 1.360
202112 1.716 113.774 1.892
202203 1.905 117.646 2.032
202206 2.138 120.806 2.221
202209 2.189 120.648 2.276
202212 2.312 120.964 2.398
202303 2.306 122.702 2.358
202306 2.384 124.203 2.408
202309 2.338 125.230 2.342
202312 2.430 125.468 2.430

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.


InPlay Oil  (OTCPK:IPOOF) 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.


InPlay Oil Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of InPlay Oil's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


InPlay Oil (InPlay Oil) Business Description

Industry
Traded in Other Exchanges
Address
2000, 350 - 7th Avenue S.W., Calgary, AB, CAN, T2P 3N9
InPlay Oil Corp is an oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.