Nighthawk Energy (LSE:HAWK) Cyclically Adjusted PB Ratio: (As of Aug. 11, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Nighthawk Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nighthawk Energy  (LSE:HAWK) 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.


Nighthawk Energy Cyclically Adjusted PB Ratio Related Terms


Nighthawk Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Nighthawk 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.

Nighthawk Energy Cyclically Adjusted PB Ratio Chart

Nighthawk Energy Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nighthawk Energy Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 0.00 0.00 0.00 0.00 0.00

LSE:HAWK vs FPPP, UNGS, GBEYF: Cyclically Adjusted PB Ratio Comparison

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


Nighthawk Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Nighthawk 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.

Nighthawk Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec16 is calculated as:

For example, Nighthawk Energy's adjusted Book Value per Share data for the fiscal year that ended in Dec16 was:

Adj_Book=Book Value per Share/CPI of Dec16 (Change)*Current CPI (Dec16)
=-0.017/102.2000*102.2000
=-0.017

Current CPI (Dec16) = 102.2000.

Nighthawk Energy Annual Data

Book Value per Share CPI Adj_Book
200706 0.116 83.500 0.142
200806 0.160 86.600 0.189
200906 0.177 88.100 0.205
201006 0.224 90.200 0.254
201106 0.076 93.500 0.083
201206 0.027 95.600 0.029
201312 0.032 99.200 0.033
201412 0.039 99.900 0.040
201512 -0.005 100.400 -0.005
201612 -0.017 102.200 -0.017

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.


Nighthawk Energy Business Description

Industry EnergyOil & Gas
Address One London Wall, 6th Floor, London, GBR, EC2Y 5EB
Nighthawk Energy PLC is an independent exploration and production company that operates in the Eastern Colorado plains. The company through its subsidiaries are focused primarily on the exploration and development of oil-producing assets located in and around Lincoln County, Colorado, United States of America. It has only one operating segment: Production of, Exploration for, and Investment in Hydrocarbons. The company holds a working interest in and is the operator of Smoky Hill and Jolly Ranch projects. Its current projects span approximately 150,000 net acres across Lincoln, Elbert, and Washington Counties, Colorado.