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Ecopetrol (MEX:EC N) Cyclically Adjusted PB Ratio : (As of Jun. 28, 2025)


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What is Ecopetrol Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecopetrol Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ecopetrol'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.

Ecopetrol Cyclically Adjusted PB Ratio Chart

Ecopetrol Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 1.85 1.55 1.46 1.03

Ecopetrol Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 1.44 - 1.03 -

Competitive Comparison of Ecopetrol's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


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

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

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


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Ecopetrol 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.

Ecopetrol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Ecopetrol's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0/134.9266*134.9266
=0.000

Current CPI (Mar. 2025) = 134.9266.

Ecopetrol Quarterly Data

Book Value per Share CPI Adj_Book
201506 141.957 100.684 190.237
201509 134.184 100.392 180.344
201512 109.673 99.792 148.286
201603 113.338 100.470 152.207
201606 128.673 101.688 170.732
201609 145.203 101.861 192.338
201612 137.163 101.863 181.685
201703 139.035 102.862 182.375
201706 130.349 103.349 170.176
201709 138.489 104.136 179.438
201712 147.165 104.011 190.907
201803 141.888 105.290 181.827
201806 166.540 106.317 211.356
201809 159.445 106.507 201.991
201812 162.963 105.998 207.438
201903 155.297 107.251 195.372
201906 151.588 108.070 189.260
201909 167.629 108.329 208.786
201912 142.183 108.420 176.944
202003 171.316 108.902 212.257
202006 155.641 108.767 193.074
202009 155.357 109.815 190.883
202012 135.475 109.897 166.330
202103 149.481 111.754 180.476
202106 155.082 114.631 182.539
202109 167.808 115.734 195.636
202112 173.404 117.630 198.903
202203 163.942 121.301 182.357
202206 183.217 125.017 197.740
202209 170.083 125.227 183.258
202212 171.309 125.222 184.586
202303 131.700 127.348 139.538
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 156.062 129.419 162.703
202403 0.000 131.776 0.000
202406 162.472 132.554 165.380
202409 0.000 133.029 0.000
202412 182.706 133.157 185.134
202503 0.000 134.927 0.000

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.


Ecopetrol  (MEX:EC N) 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.


Ecopetrol Cyclically Adjusted PB Ratio Related Terms

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


Ecopetrol Business Description

Industry
Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Refining and Petrochemical segment.

Ecopetrol Headlines

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