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JRNGF (Journey Energy) Cyclically Adjusted PB Ratio : 0.53 (As of May. 30, 2025)


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What is Journey Energy Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Journey Energy's current share price is $1.2022. Journey Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $2.28. Journey Energy's Cyclically Adjusted PB Ratio for today is 0.53.

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

JRNGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.97   Max: 1.75
Current: 0.51

During the past years, Journey Energy's highest Cyclically Adjusted PB Ratio was 1.75. The lowest was 0.41. And the median was 0.97.

JRNGF's Cyclically Adjusted PB Ratio is ranked better than
68.25% of 778 companies
in the Oil & Gas industry
Industry Median: 0.9 vs JRNGF: 0.51

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.

Journey Energy's adjusted book value per share data for the three months ended in Mar. 2025 was $3.475. 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 $2.28 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Journey Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Journey 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.

* Premium members only.

Journey Energy Cyclically Adjusted PB Ratio Chart

Journey Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.58 1.05 0.57

Journey Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.91 0.86 0.73 0.57 0.55

Competitive Comparison of Journey Energy's Cyclically Adjusted PB Ratio

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


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

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

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


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Journey 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.2022/2.28
=0.53

* 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.

Journey Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Journey Energy's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.475/129.1809*129.1809
=3.475

Current CPI (Mar. 2025) = 129.1809.

Journey Energy Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.102 100.500 6.558
201509 2.124 100.421 2.732
201512 2.706 99.947 3.497
201603 2.699 101.054 3.450
201606 2.641 102.002 3.345
201609 2.935 101.765 3.726
201612 3.771 101.449 4.802
201703 3.653 102.634 4.598
201706 3.746 103.029 4.697
201709 4.038 103.345 5.048
201712 1.682 103.345 2.103
201803 1.643 105.004 2.021
201806 1.387 105.557 1.697
201809 1.414 105.636 1.729
201812 1.058 105.399 1.297
201903 1.001 106.979 1.209
201906 0.782 107.690 0.938
201909 0.717 107.611 0.861
201912 0.563 107.769 0.675
202003 -0.547 107.927 -0.655
202006 -0.819 108.401 -0.976
202009 -0.970 108.164 -1.158
202012 -0.352 108.559 -0.419
202103 -0.324 110.298 -0.379
202106 -0.337 111.720 -0.390
202109 1.304 112.905 1.492
202112 1.370 113.774 1.556
202203 1.692 117.646 1.858
202206 2.201 120.806 2.354
202209 2.337 120.648 2.502
202212 3.620 120.964 3.866
202303 3.686 122.702 3.881
202306 3.783 124.203 3.935
202309 3.815 125.230 3.935
202312 3.844 125.072 3.970
202403 3.880 126.258 3.970
202406 3.815 127.522 3.865
202409 3.875 127.285 3.933
202412 3.415 127.364 3.464
202503 3.475 129.181 3.475

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.


Journey Energy  (OTCPK:JRNGF) 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.


Journey Energy Cyclically Adjusted PB Ratio Related Terms

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


Journey Energy Business Description

Industry
Traded in Other Exchanges
Address
517 - 10th Avenue South West, Suite 700, Calgary, AB, CAN, T2R 0A8
Journey Energy Inc is engaged in the exploration, development, and production of crude oil and natural gas in Alberta province. The company's principal revenue source is from petroleum and natural gas sales which include the sale of crude oil, natural gas and natural gas liquids, of which it derives key revenue from the sale of crude oil.