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Perpetual Energy (Perpetual Energy) Cyclically Adjusted PB Ratio : 0.10 (As of Jun. 11, 2024)


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What is Perpetual Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Perpetual Energy's current share price is $0.3348. Perpetual Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.20. Perpetual Energy's Cyclically Adjusted PB Ratio for today is 0.10.

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

PMGYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.89
Current: 0.13

During the past years, Perpetual Energy's highest Cyclically Adjusted PB Ratio was 0.89. The lowest was 0.01. And the median was 0.06.

PMGYF's Cyclically Adjusted PB Ratio is ranked better than
91.06% of 828 companies
in the Oil & Gas industry
Industry Median: 1.02 vs PMGYF: 0.13

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.

Perpetual Energy's adjusted book value per share data for the three months ended in Mar. 2024 was $1.066. 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 $3.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perpetual Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Perpetual 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.

Perpetual Energy Cyclically Adjusted PB Ratio Chart

Perpetual 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 0.01 0.01 0.13 0.15 0.11

Perpetual Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.14 0.13 0.15 0.11 0.13

Competitive Comparison of Perpetual Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Perpetual 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3348/3.2
=0.10

* 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.

Perpetual Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Perpetual Energy's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.066/126.2576*126.2576
=1.066

Current CPI (Mar. 2024) = 126.2576.

Perpetual Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.689 99.473 13.567
201409 14.945 99.394 18.984
201412 12.282 98.367 15.764
201503 7.790 99.789 9.856
201506 0.000 100.500 0.000
201509 11.164 100.421 14.036
201512 1.800 99.947 2.274
201603 1.477 101.054 1.845
201606 2.501 102.002 3.096
201609 2.323 101.765 2.882
201612 2.552 101.449 3.176
201703 2.267 102.634 2.789
201706 2.205 103.029 2.702
201709 2.277 103.345 2.782
201712 2.114 103.345 2.583
201803 1.993 105.004 2.396
201806 1.936 105.557 2.316
201809 1.795 105.636 2.145
201812 1.747 105.399 2.093
201903 1.703 106.979 2.010
201906 1.256 107.690 1.473
201909 1.005 107.611 1.179
201912 0.603 107.769 0.706
202003 -0.132 107.927 -0.154
202006 -0.245 108.401 -0.285
202009 -0.341 108.164 -0.398
202012 -0.166 108.559 -0.193
202103 -0.196 110.298 -0.224
202106 0.153 111.720 0.173
202109 0.743 112.905 0.831
202112 0.812 113.774 0.901
202203 0.915 117.646 0.982
202206 0.970 120.806 1.014
202209 1.025 120.648 1.073
202212 1.287 120.964 1.343
202303 1.281 122.702 1.318
202306 1.244 124.203 1.265
202309 1.275 125.230 1.285
202312 1.340 125.072 1.353
202403 1.066 126.258 1.066

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.


Perpetual Energy  (OTCPK:PMGYF) 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.


Perpetual Energy Cyclically Adjusted PB Ratio Related Terms

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


Perpetual Energy (Perpetual Energy) Business Description

Industry
Traded in Other Exchanges
Address
605 - 5th Avenue South west, Suite 3200, Calgary, AB, CAN, T2P 3H5
Perpetual Energy Inc is an oil and natural gas exploration, production, and marketing company, It owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, heavy crude oil and shallow conventional natural gas in Eastern Alberta, and undeveloped bitumen leases in Northern Alberta. The company derives key revenue from the sale of oil and natural gas.

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