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Sonde Resources (Sonde Resources) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is Sonde Resources Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonde Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sonde 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.

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Sonde Resources Cyclically Adjusted PB Ratio Chart

Sonde Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Sonde Resources Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of Sonde Resources's Cyclically Adjusted PB Ratio

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


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

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

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



Sonde 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.

Sonde Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, Sonde Resources's adjusted Book Value per Share data for the three months ended in Jun. 2014 was:

Adj_Book=Book Value per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=1.197/99.4733*99.4733
=1.197

Current CPI (Jun. 2014) = 99.4733.

Sonde Resources Quarterly Data

Book Value per Share CPI Adj_Book
200409 4.385 82.960 5.258
200412 4.711 83.276 5.627
200503 4.738 83.987 5.612
200506 4.681 84.461 5.513
200509 5.219 85.647 6.062
200512 5.653 85.015 6.614
200603 5.726 85.805 6.638
200606 5.938 86.516 6.827
200609 5.969 86.279 6.882
200612 5.923 86.437 6.816
200703 5.761 87.780 6.528
200706 6.429 88.412 7.233
200709 6.605 88.412 7.431
200712 7.057 88.491 7.933
200803 7.514 88.965 8.402
200806 7.427 91.177 8.103
200809 7.984 91.414 8.688
200812 6.393 89.518 7.104
200903 5.917 90.071 6.535
200906 6.372 90.940 6.970
200909 7.045 90.624 7.733
200912 5.447 90.703 5.974
201003 4.436 91.335 4.831
201006 4.072 91.809 4.412
201009 3.977 92.362 4.283
201012 2.801 92.836 3.001
201103 2.761 94.338 2.911
201106 2.948 94.654 3.098
201109 2.943 95.286 3.072
201112 2.212 94.970 2.317
201203 3.261 96.155 3.374
201206 2.692 96.076 2.787
201209 2.765 96.392 2.853
201212 2.677 95.760 2.781
201303 2.515 97.103 2.576
201306 2.445 97.182 2.503
201309 2.349 97.419 2.399
201312 1.387 96.945 1.423
201403 1.275 98.604 1.286
201406 1.197 99.473 1.197

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.


Sonde Resources  (AMEX:SOQDQ) 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.


Sonde Resources Cyclically Adjusted PB Ratio Related Terms

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Sonde Resources (Sonde Resources) Business Description

Industry
Traded in Other Exchanges
N/A
Address
North Hill NW, P.O. Box 65161, Calgary, AB, CAN, T2N 4T6
Sonde Resources Corp is a Canada-based oil and gas exploration and production company. The company is engaged in the exploration for, and acquisition, development, and production of, petroleum and natural gas with operations in North Africa and Western Canada. Sonde is actively engaged in exploration and development of oil and gas resources throughout the Joint Oil Block in offshore Tunisia and Libya.

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