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MCF Energy (MCF Energy) Cyclically Adjusted PB Ratio : 0.51 (As of May. 25, 2024)


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What is MCF Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-25), MCF Energy's current share price is $0.1223. MCF Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.24. MCF Energy's Cyclically Adjusted PB Ratio for today is 0.51.

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

MCFNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.93   Max: 8.44
Current: 0.56

During the past years, MCF Energy's highest Cyclically Adjusted PB Ratio was 8.44. The lowest was 0.29. And the median was 0.93.

MCFNF's Cyclically Adjusted PB Ratio is ranked better than
65.9% of 821 companies
in the Oil & Gas industry
Industry Median: 0.98 vs MCFNF: 0.56

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.

MCF Energy's adjusted book value per share data for the three months ended in Dec. 2023 was $0.082. 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 $0.24 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MCF Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MCF 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.

* Premium members only.

MCF Energy Cyclically Adjusted PB Ratio Chart

MCF Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.42 0.26 0.74 0.57

MCF Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.66 0.74 1.89 0.86 0.57

Competitive Comparison of MCF Energy's Cyclically Adjusted PB Ratio

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


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

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

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



MCF 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.

MCF Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1223/0.24
=0.51

* 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.

MCF Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, MCF Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.082/125.0724*125.0724
=0.082

Current CPI (Dec. 2023) = 125.0724.

MCF Energy Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.738 96.945 0.952
201403 0.588 98.604 0.746
201406 0.451 99.473 0.567
201409 0.238 99.394 0.299
201412 0.175 98.367 0.223
201503 0.137 99.789 0.172
201506 0.113 100.500 0.141
201509 0.092 100.421 0.115
201512 0.082 99.947 0.103
201603 0.073 101.054 0.090
201606 0.071 102.002 0.087
201609 0.064 101.765 0.079
201612 1.946 101.449 2.399
201703 0.032 102.634 0.039
201706 0.438 103.029 0.532
201709 0.467 103.345 0.565
201712 0.463 103.345 0.560
201803 0.494 105.004 0.588
201806 0.512 105.557 0.607
201809 0.517 105.636 0.612
201812 -0.002 105.399 -0.002
201903 0.002 106.979 0.002
201906 0.000 107.690 0.000
201909 -0.001 107.611 -0.001
201912 0.006 107.769 0.007
202003 0.007 107.927 0.008
202006 0.005 108.401 0.006
202009 -0.001 108.164 -0.001
202012 -0.001 108.559 -0.001
202103 -0.001 110.298 -0.001
202106 -0.001 111.720 -0.001
202109 -0.001 112.905 -0.001
202112 -0.002 113.774 -0.002
202203 -0.002 117.646 -0.002
202206 -0.003 120.806 -0.003
202209 -0.003 120.648 -0.003
202212 0.050 120.964 0.052
202303 0.090 122.702 0.092
202309 0.086 125.230 0.086
202312 0.082 125.072 0.082

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.


MCF Energy  (OTCPK:MCFNF) 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.


MCF Energy Cyclically Adjusted PB Ratio Related Terms

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


MCF Energy (MCF Energy) Business Description

Industry
Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
MCF Energy Ltd is a junior resource company engaged in the identification, exploration, and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. It has two projects which are in Australia and Germany.

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