ROYL (Royale Energy) Cyclically Adjusted PB Ratio: (As of Sep. 07, 2026)

Author: Vera Yuan Vera Yuan
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What is Royale Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Royale Energy  (OTCPK:ROYL) 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.


Royale Energy Cyclically Adjusted PB Ratio Related Terms


Royale Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Royale 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.

Royale Energy Cyclically Adjusted PB Ratio Chart

Royale 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 0.00 0.00 0.00 0.00 0.00

Royale 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 0.00 0.00 0.00 0.00 0.00

ROYL vs FECOF, PTCO, GRVE: Cyclically Adjusted PB Ratio Comparison

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


Royale Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Royale 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.

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

For example, Royale 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)
=-0.155/333.9520*333.9520
=-0.155

Current CPI (Jun. 2026) = 333.9520.

Royale Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.129 241.428 -0.178
201612 -0.207 241.432 -0.286
201703 -0.254 243.801 -0.348
201706 -0.249 244.955 -0.339
201709 -0.245 246.819 -0.331
201712 -0.318 246.524 -0.431
201803 0.058 249.554 0.078
201806 -0.343 251.989 -0.455
201809 -0.317 252.439 -0.419
201812 -0.389 251.233 -0.517
201903 -0.432 254.202 -0.568
201906 -0.440 256.143 -0.574
201909 -0.392 256.759 -0.510
201912 -0.382 256.974 -0.496
202003 -0.374 258.115 -0.484
202006 -0.374 257.797 -0.484
202009 -0.381 260.280 -0.489
202012 -0.519 260.474 -0.665
202103 -0.520 264.877 -0.656
202106 -0.538 271.696 -0.661
202109 -0.557 274.310 -0.678
202112 -0.579 278.802 -0.694
202203 -0.584 287.504 -0.678
202206 -0.570 296.311 -0.642
202209 -0.542 296.808 -0.610
202212 -0.536 296.797 -0.603
202303 -0.523 301.836 -0.579
202306 -0.495 305.109 -0.542
202309 -0.505 307.789 -0.548
202312 -0.505 306.746 -0.550
202403 -0.509 312.332 -0.544
202406 -0.514 314.175 -0.546
202409 -0.533 315.301 -0.565
202412 -0.126 315.605 -0.133
202503 -0.135 319.799 -0.141
202506 -0.139 322.561 -0.144
202509 -0.145 324.800 -0.149
202512 -0.139 324.054 -0.143
202603 -0.147 330.213 -0.149
202606 -0.155 333.952 -0.155

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.


Royale Energy Business Description

Industry EnergyOil & Gas
Address 1530 Hilton Head Road, Suite 205, El Cajon, CA, USA, 92019
Royale Energy Inc is an independent oil and natural gas producer. The company's business includes the production and sale of oil and natural gas, acquisition of oil and gas lease interests and proved reserves, drilling of both exploratory and development wells, and sales of fractional working interests in wells to be drilled by Royale. Its wells and leases are located in the Sacramento Basin and San Joaquin Basin in California as well as in Utah, Texas, Oklahoma, and Louisiana.