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Edge Resources (LSE:EDG) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is Edge Resources Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edge Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Edge Resources'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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Edge Resources Cyclically Adjusted PB Ratio Chart

Edge Resources Annual Data
Trend Mar01 Mar02 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted PB Ratio
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Edge Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Competitive Comparison of Edge Resources's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Edge Resources'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.


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

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

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



Edge Resources 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.

Edge Resources's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2015 is calculated as:

For example, Edge Resources's adjusted Book Value per Share data for the three months ended in Dec. 2015 was:

Adj_Book=Book Value per Share/CPI of Dec. 2015 (Change)*Current CPI (Dec. 2015)
=-0.055/99.9473*99.9473
=-0.055

Current CPI (Dec. 2015) = 99.9473.

Edge Resources Quarterly Data

Book Value per Share CPI Adj_Book
200112 -0.008 76.956 -0.010
200203 0.001 78.141 0.001
200206 0.002 78.931 0.003
200209 0.001 79.721 0.001
200212 0.000 79.879 0.000
200706 0.003 88.412 0.003
200709 0.000 88.412 0.000
200712 0.020 88.491 0.023
200803 0.019 88.965 0.021
200806 0.018 91.177 0.020
200809 0.015 91.414 0.016
200812 0.000 89.518 0.000
200903 0.001 90.071 0.001
200906 0.000 90.940 0.000
200909 0.000 90.624 0.000
200912 0.042 90.703 0.046
201003 0.049 91.335 0.054
201006 0.047 91.809 0.051
201009 0.041 92.362 0.044
201012 0.047 92.836 0.051
201103 0.067 94.338 0.071
201106 0.089 94.654 0.094
201109 0.090 95.286 0.094
201112 0.080 94.970 0.084
201203 0.077 96.155 0.080
201206 0.078 96.076 0.081
201209 0.065 96.392 0.067
201212 0.089 95.760 0.093
201303 0.062 97.103 0.064
201306 0.060 97.182 0.062
201309 0.058 97.419 0.060
201312 0.052 96.945 0.054
201403 0.048 98.604 0.049
201406 0.049 99.473 0.049
201409 0.050 99.394 0.050
201412 0.036 98.367 0.037
201503 0.011 99.789 0.011
201506 0.008 100.500 0.008
201509 0.005 100.421 0.005
201512 -0.055 99.947 -0.055

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.


Edge Resources  (LSE:EDG) 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.


Edge Resources Cyclically Adjusted PB Ratio Related Terms

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Edge Resources (LSE:EDG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3
Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.

Edge Resources (LSE:EDG) Headlines

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