Advantage Energy (LTS:0UG9) Cyclically Adjusted PB Ratio: (As of Sep. 21, 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.
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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.

LTS:0UG9 Advantage Energy Ltd LTS:0UG9
84 GF Score
Price C$10.33
GF Value C$12.21
! 5 Warning Signs
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What is Advantage Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Advantage Energy  (LTS:0UG9) 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.


Advantage Energy Cyclically Adjusted PB Ratio Related Terms


Advantage Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Advantage 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.

Advantage Energy Cyclically Adjusted PB Ratio Chart

Advantage Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.22 1.03 0.98 1.15

Advantage Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.20 1.19 1.18 1.16 1.14

LTS:0UG9 vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

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


Advantage Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


LTS:0UG9
84GF Score
Advantage Energy Ltd LTS:0UG9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Advantage 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.

Advantage Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Advantage Energy's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=10.528/133.5265*133.5265
=10.528

Current CPI (Jun. 2026) = 133.5265.

Advantage Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.584 101.765 8.639
201612 6.543 101.449 8.612
201703 6.769 102.634 8.806
201706 6.845 103.029 8.871
201709 6.927 103.345 8.950
201712 7.053 103.345 9.113
201803 7.115 105.004 9.048
201806 7.031 105.557 8.894
201809 7.017 105.636 8.870
201812 7.165 105.399 9.077
201903 7.177 106.979 8.958
201906 7.171 107.690 8.891
201909 7.038 107.611 8.733
201912 7.041 107.769 8.724
202003 5.628 107.927 6.963
202006 5.496 108.401 6.770
202009 5.390 108.164 6.654
202012 5.529 108.559 6.801
202103 5.536 110.298 6.702
202106 5.521 111.720 6.599
202109 5.756 112.905 6.807
202112 7.651 113.774 8.979
202203 7.764 117.646 8.812
202206 8.451 120.806 9.341
202209 8.592 120.648 9.509
202212 9.115 120.964 10.062
202303 9.317 122.702 10.139
202306 9.162 124.203 9.850
202309 9.339 125.230 9.958
202312 9.594 125.072 10.242
202403 9.742 126.258 10.303
202406 9.711 127.522 10.168
202409 9.688 127.285 10.163
202412 9.789 127.364 10.263
202503 9.626 129.181 9.950
202506 10.035 129.892 10.316
202509 10.051 130.287 10.301
202512 10.114 130.366 10.359
202603 10.260 132.262 10.358
202606 10.528 133.527 10.528

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.

Is Advantage Energy (LTS:0UG9) Overvalued in 2026?

Based on GuruFocus' analysis, Advantage Energy stock appears to be undervalued. The current stock price of C$10.33 is trading 15.4% below its estimated GF Value™ of C$12.21.

Key valuation signals for LTS:0UG9:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$12.21 vs. price of C$10.33 (15.4% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the LTS:0UG9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advantage Energy Business Description

Industry EnergyOil & Gas
Address 440 - 2nd Avenue SW, Millennium Tower, Suite 2200, Calgary, AB, CAN, T2P 5E9
Advantage Energy Ltd is an energy producer with a position in the Western Canadian Sedimentary Basin. Additionally, it provides carbon capture and storage (CCS) solutions to emitters of carbon dioxide through its subsidiary. Its segments include Advantage (natural gas and liquids producer) engaged in the business of natural gas, crude oil and liquids production from its Montney and Charlie Lake resource plays in Alberta and B.C.; and Entropy (carbon capture and storage) provides carbon capture and storage solutions to emitters of carbon dioxide. Entropy captures and sequesters carbon at Advantage's Glacier Gas Plant.
84GF Score

Get the complete analysis for LTS:0UG9

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$10.33
Price
C$12.21
GF Value