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KEYUF (Keyera) Cyclically Adjusted PB Ratio : 3.23 (As of May. 30, 2025)


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What is Keyera Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Keyera's current share price is $30.85. Keyera's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $9.54. Keyera's Cyclically Adjusted PB Ratio for today is 3.23.

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

KEYUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 3.26   Max: 7.37
Current: 3.1

During the past years, Keyera's highest Cyclically Adjusted PB Ratio was 7.37. The lowest was 1.37. And the median was 3.26.

KEYUF's Cyclically Adjusted PB Ratio is ranked worse than
88.95% of 778 companies
in the Oil & Gas industry
Industry Median: 0.9 vs KEYUF: 3.10

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.

Keyera's adjusted book value per share data for the three months ended in Mar. 2025 was $8.637. 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 $9.54 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keyera Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keyera'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.

Keyera Cyclically Adjusted PB Ratio Chart

Keyera 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 2.33 2.64 2.46 2.48 3.27

Keyera 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 2.65 2.84 3.15 3.27 3.27

Competitive Comparison of Keyera's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Keyera'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.


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

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

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


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Keyera 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.

Keyera's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.85/9.54
=3.23

* 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.

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

For example, Keyera'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)
=8.637/129.1809*129.1809
=8.637

Current CPI (Mar. 2025) = 129.1809.

Keyera Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.283 100.500 8.076
201509 6.196 100.421 7.970
201512 5.939 99.947 7.676
201603 6.319 101.054 8.078
201606 7.663 102.002 9.705
201609 7.590 101.765 9.635
201612 7.435 101.449 9.467
201703 7.633 102.634 9.607
201706 7.777 103.029 9.751
201709 8.385 103.345 10.481
201712 9.733 103.345 12.166
201803 9.490 105.004 11.675
201806 9.532 105.557 11.665
201809 9.511 105.636 11.631
201812 9.905 105.399 12.140
201903 9.557 106.979 11.540
201906 10.128 107.690 12.149
201909 10.481 107.611 12.582
201912 10.642 107.769 12.756
202003 10.207 107.927 12.217
202006 10.162 108.401 12.110
202009 10.126 108.164 12.094
202012 9.753 108.559 11.606
202103 9.843 110.298 11.528
202106 9.999 111.720 11.562
202109 9.563 112.905 10.942
202112 9.394 113.774 10.666
202203 9.502 117.646 10.434
202206 9.693 120.806 10.365
202209 9.469 120.648 10.139
202212 9.055 120.964 9.670
202303 9.079 122.702 9.558
202306 9.473 124.203 9.853
202309 9.220 125.230 9.511
202312 9.041 125.072 9.338
202403 8.851 126.258 9.056
202406 8.843 127.522 8.958
202409 9.143 127.285 9.279
202412 8.673 127.364 8.797
202503 8.637 129.181 8.637

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.


Keyera  (OTCPK:KEYUF) 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.


Keyera Cyclically Adjusted PB Ratio Related Terms

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


Keyera Business Description

Industry
Traded in Other Exchanges
Address
144 - 4th Avenue SW, Suite 200, The Ampersand, West Tower, Calgary, AB, CAN, T2P 3N4
Keyera is a midstream energy business that operates primarily out of Alberta. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for natural gas liquids and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 kilometers of pipelines.