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Frontera Resources (LSE:FRR) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Frontera 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


Frontera Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Frontera 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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Frontera Resources Cyclically Adjusted PB Ratio Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Frontera Resources Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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Competitive Comparison of Frontera Resources's Cyclically Adjusted PB Ratio

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


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

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

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



Frontera 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.

Frontera Resources's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec17 is calculated as:

For example, Frontera Resources's adjusted Book Value per Share data for the fiscal year that ended in Dec17 was:

Adj_Book=Book Value per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=-0.002/104.0111*104.0111
=-0.002

Current CPI (Dec17) = 104.0111.

Frontera Resources Annual Data

Book Value per Share CPI Adj_Book
200812 -0.256 88.697 -0.300
200912 -0.228 91.111 -0.260
201012 -0.525 92.474 -0.590
201112 -0.002 95.213 -0.002
201212 -0.004 96.871 -0.004
201312 -0.006 98.326 -0.006
201412 -0.007 99.070 -0.007
201512 -0.009 99.792 -0.009
201612 -0.005 101.863 -0.005
201712 -0.002 104.011 -0.002

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.


Frontera Resources  (LSE:FRR) 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.


Frontera Resources Cyclically Adjusted PB Ratio Related Terms

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Frontera Resources (LSE:FRR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

Frontera Resources (LSE:FRR) Headlines

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