PAEXY (Parex Resources) Cyclically Adjusted PB Ratio: 1.13 (As of Aug. 04, 2026) — 48% Below Median

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PAEXY Parex Resources Inc PAEXY
96 GF Score
Price $18.63
GF Value $18.12
! 8 Warning Signs
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What is Parex Resources Cyclically Adjusted PB Ratio?

Parex Resources PAEXY 96 Cyclically Adjusted PB Ratio is 1.13 as of Aug. 04, 2026, which is 48% below its 10-year median of 2.18. GuruFocus rates PAEXY with a GF Score™ of 96/100 and a GF Value™ of $18.12. The stock has 8 warning signs investors should review. Among 765 Oil & Gas companies, Parex Resources ranks worse than 51.9% on this metric.

As of today (2026-08-04), Parex Resources's current share price is $18.63. Parex Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $16.52. Parex Resources's Cyclically Adjusted PB Ratio for today is 1.13.

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

PAEXY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.18   Max: 3.97
Current: 1.28

During the past years, Parex Resources's highest Cyclically Adjusted PB Ratio was 3.97. The lowest was 0.69. And the median was 2.18.

PAEXY's Cyclically Adjusted PB Ratio is ranked worse than
51.9% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs PAEXY: 1.28

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.

Parex Resources's adjusted book value per share data for the three months ended in Jun. 2026 was $24.451. 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 $16.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parex Resources  (OTCPK:PAEXY) 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.


Parex Resources Cyclically Adjusted PB Ratio Related Terms


Parex Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Parex 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.

Parex Resources Cyclically Adjusted PB Ratio Chart

Parex Resources 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 2.40 1.85 1.92 0.96 1.06

Parex Resources 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 0.85 1.07 1.06 1.51 1.13

PAEXY vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

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


Parex Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


PAEXY
96GF Score
Parex Resources Inc PAEXY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Parex 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.

Parex Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.63/16.52
=1.13

* 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.

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

For example, Parex Resources'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)
=24.451/133.5265*133.5265
=24.451

Current CPI (Jun. 2026) = 133.5265.

Parex Resources Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.941 101.765 6.483
201612 4.650 101.449 6.120
201703 4.954 102.634 6.445
201706 4.997 103.029 6.476
201709 5.384 103.345 6.956
201712 5.740 103.345 7.416
201803 6.171 105.004 7.847
201806 7.301 105.557 9.236
201809 7.885 105.636 9.967
201812 8.212 105.399 10.404
201903 8.509 106.979 10.621
201906 8.965 107.690 11.116
201909 9.206 107.611 11.423
201912 9.787 107.769 12.126
202003 9.664 107.927 11.956
202006 9.776 108.401 12.042
202009 9.911 108.164 12.235
202012 10.243 108.559 12.599
202103 10.412 110.298 12.605
202106 10.853 111.720 12.971
202109 11.160 112.905 13.198
202112 11.588 113.774 13.600
202203 12.379 117.646 14.050
202206 13.279 120.806 14.677
202209 13.582 120.648 15.032
202212 15.718 120.964 17.350
202303 16.376 122.702 17.821
202306 17.004 124.203 18.280
202309 17.837 125.230 19.019
202312 18.836 125.072 20.109
202403 19.164 126.258 20.267
202406 18.950 127.522 19.842
202409 19.426 127.285 20.379
202412 18.623 127.364 19.524
202503 19.226 129.181 19.873
202506 19.512 129.892 20.058
202509 19.804 130.287 20.296
202512 20.349 130.366 20.842
202603 20.109 132.262 20.301
202606 24.451 133.527 24.451

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.

What does a Cyclically Adjusted PB Ratio of 1.13 mean?
Parex Resources (PAEXY) has a Cyclically Adjusted PB Ratio of 1.13 as of Aug. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Parex Resources and its competitors. This is 48% below median its historical median of 2.18. Over the past decade, Parex Resources' Cyclically Adjusted PB Ratio has ranged from 0.69 to 3.97. According to the industry distribution chart, Parex Resources ranks #397 out of 765 companies in the Oil & Gas industry, placing it in the top 51.9%.
Is Parex Resources' Cyclically Adjusted PB Ratio too high?
Parex Resources' current Cyclically Adjusted PB Ratio of 1.13 is 48% below median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 3.97. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Parex Resources' value of 1.13 is 6.6% below this industry median. Based on the distribution chart, Parex Resources ranks #397 out of 765 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Parex Resources has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does Parex Resources' Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Parex Resources ranks #397 out of 765 companies for Cyclically Adjusted PB Ratio. This places Parex Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Parex Resources' value of 1.13 is 6.6% below this benchmark. Historically, Parex Resources' own Cyclically Adjusted PB Ratio has ranged from 0.69 to 3.97 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.21, Parex Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Parex Resources's current Cyclically Adjusted PB Ratio of 1.13 is 6.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Parex Resources and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parex Resources's current Cyclically Adjusted PB Ratio is 1.13, which is 48% below median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parex Resources stock overvalued right now?
Parex Resources (PAEXY) has a current Cyclically Adjusted PB Ratio of 1.13. The stock's GF Value™ is $18.12, compared to a current price of $18.63 — trading 2.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.13, which is 48% below median its 10-year median of 2.18 and 6.6% below the Oil & Gas industry median of 1.21. Parex Resources' overall GF Score™ is 96/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Parex Resources (PAEXY), the current Cyclically Adjusted PB Ratio is 1.13 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Parex Resources (PAEXY) Overvalued in 2026?

Based on GuruFocus' analysis, Parex Resources stock appears to be overvalued. The current stock price of $18.63 is trading 2.8% above its estimated GF Value™ of $18.12.

Key valuation signals for PAEXY:

  • Cyclically Adjusted PB Ratio: 1.13 (48% below median its 10-year median of 2.18)
  • GF Value™: $18.12 vs. price of $18.63 (2.8% above fair value)
  • GF Score™: 96/100 with 8 warning signs
  • Industry Position: 6.6% below the Oil & Gas median (#397 of 765)

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


Parex Resources Business Description

Industry EnergyOil & Gas
Address 585 - 8th Avenue SW, Suite 2700, Eighth Avenue Place, West Tower, Calgary, AB, CAN, T2P 1G1
Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas. The company is focused on development in two main basins: Llanos and Magdalena. The majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. The company's operating segments are Columbia, its key revenue-generating segment, and Canada.
96GF Score

Get the complete analysis for PAEXY

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

$18.63
Price
$18.12
GF Value