Tourmaline Oil (STU:08T) Cyclically Adjusted PB Ratio: 1.59 (As of Aug. 05, 2026) — Near Median

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STU:08T Tourmaline Oil Corp STU:08T
85 GF Score
Price €37.53
GF Value €37.94
Valuation Fairly Valued
! 8 Warning Signs
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What is Tourmaline Oil Cyclically Adjusted PB Ratio?

Tourmaline Oil STU:08T -0.98% 85 Cyclically Adjusted PB Ratio is 1.59 as of Aug. 05, 2026, which is 9% below its 10-year median of 1.74. GuruFocus rates STU:08T with a GF Score™ of 85/100 and a GF Value™ of €37.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 763 Oil & Gas companies, Tourmaline Oil ranks worse than 61.73% on this metric.

As of today (2026-08-05), Tourmaline Oil's current share price is €37.53. Tourmaline Oil's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €23.57. Tourmaline Oil's Cyclically Adjusted PB Ratio for today is 1.59.

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

STU:08T' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.74   Max: 2.8
Current: 1.61

During the past years, Tourmaline Oil's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.33. And the median was 1.74.

STU:08T's Cyclically Adjusted PB Ratio is ranked worse than
61.73% of 763 companies
in the Oil & Gas industry
Industry Median: 1.2 vs STU:08T: 1.61

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.

Tourmaline Oil's adjusted book value per share data for the three months ended in Jun. 2026 was €25.447. 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 €23.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tourmaline Oil  (STU:08T) 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.


Tourmaline Oil Cyclically Adjusted PB Ratio Related Terms


Tourmaline Oil Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tourmaline Oil'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.

Tourmaline Oil Cyclically Adjusted PB Ratio Chart

Tourmaline Oil 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 1.54 2.27 1.81 1.90 1.67

Tourmaline Oil 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 1.81 1.64 1.67 1.76 1.55

STU:08T vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Tourmaline Oil'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.


Tourmaline Oil Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


STU:08T
85GF Score
Tourmaline Oil Corp STU:08T
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tourmaline Oil 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.

Tourmaline Oil's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.53/23.57
=1.59

* 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.

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

For example, Tourmaline Oil'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)
=25.447/133.5265*133.5265
=25.447

Current CPI (Jun. 2026) = 133.5265.

Tourmaline Oil Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.944 101.765 20.920
201612 17.836 101.449 23.476
201703 17.820 102.634 23.184
201706 17.370 103.029 22.512
201709 17.881 103.345 23.103
201712 17.547 103.345 22.672
201803 16.893 105.004 21.482
201806 17.581 105.557 22.239
201809 17.816 105.636 22.520
201812 18.140 105.399 22.981
201903 18.516 106.979 23.111
201906 18.946 107.690 23.491
201909 19.490 107.611 24.184
201912 19.633 107.769 24.325
202003 18.480 107.927 22.863
202006 18.720 108.401 23.059
202009 18.285 108.164 22.572
202012 19.062 108.559 23.446
202103 20.301 110.298 24.576
202106 21.680 111.720 25.912
202109 21.632 112.905 25.583
202112 24.254 113.774 28.465
202203 24.638 117.646 27.964
202206 25.903 120.806 28.631
202209 32.538 120.648 36.011
202212 28.081 120.964 30.997
202303 26.571 122.702 28.915
202306 26.909 124.203 28.929
202309 26.523 125.230 28.280
202312 27.266 125.072 29.109
202403 27.101 126.258 28.661
202406 27.009 127.522 28.281
202409 26.653 127.285 27.960
202412 27.882 127.364 29.231
202503 26.656 129.181 27.553
202506 27.028 129.892 27.784
202509 26.061 130.287 26.709
202512 24.689 130.366 25.288
202603 25.925 132.262 26.173
202606 25.447 133.527 25.447

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 1.59 mean?
Tourmaline Oil (STU:08T) has a Cyclically Adjusted PB Ratio of 1.59 as of Aug. 05, 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 Tourmaline Oil and its competitors. This is near median its historical median of 1.74. Over the past decade, Tourmaline Oil's Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.80. According to the industry distribution chart, Tourmaline Oil ranks #471 out of 763 companies in the Oil & Gas industry, placing it in the top 61.7%.
Is Tourmaline Oil's Cyclically Adjusted PB Ratio too high?
Tourmaline Oil's current Cyclically Adjusted PB Ratio of 1.59 is near median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.80. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Tourmaline Oil's value of 1.59 is 32.5% above this industry median. Based on the distribution chart, Tourmaline Oil ranks #471 out of 763 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Tourmaline Oil has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tourmaline Oil's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tourmaline Oil ranks #471 out of 763 companies for Cyclically Adjusted PB Ratio. This places Tourmaline Oil in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Tourmaline Oil's value of 1.59 is 32.5% above this benchmark. Historically, Tourmaline Oil's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.80 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.20, Tourmaline Oil has consistently been above 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 1.20, based on 763 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. Tourmaline Oil's current Cyclically Adjusted PB Ratio of 1.59 is 32.5% above 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 Tourmaline Oil and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourmaline Oil's current Cyclically Adjusted PB Ratio is 1.59, which is near median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourmaline Oil stock overvalued right now?
Based on GuruFocus' analysis, Tourmaline Oil (STU:08T) is currently considered Fairly Valued. The stock's GF Value™ is €37.94, compared to a current price of €37.53 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.59, which is near median its 10-year median of 1.74 and 32.5% above the Oil & Gas industry median of 1.20. Tourmaline Oil's overall GF Score™ is 85/100 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 Tourmaline Oil (STU:08T), the current Cyclically Adjusted PB Ratio is 1.59 as of Aug. 05, 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 Tourmaline Oil (STU:08T) Overvalued in 2026?

Based on GuruFocus' analysis, Tourmaline Oil stock appears to be undervalued. The current stock price of €37.53 is trading 1.1% below its estimated GF Value™ of €37.94. GuruFocus considers Tourmaline Oil to be Fairly Valued.

Key valuation signals for STU:08T:

  • Cyclically Adjusted PB Ratio: 1.59 (near median its 10-year median of 1.74)
  • GF Value™: €37.94 vs. price of €37.53 (1.1% below fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 32.5% above the Oil & Gas median (#471 of 763)

No single metric tells the full story. See the STU:08T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tourmaline Oil Business Description

Industry EnergyOil & Gas
Address 250 - 6th Avenue SW, Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil is a Canadian natural gas producer with an integrated midstream gathering and processing operation. Its primary product is natural gas, but also produces natural gas liquids, condensates, and oil. As a result of multiple acquisitions, it has become the largest natural gas producer in Canada.
85GF Score

Get the complete analysis for STU:08T

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

€37.53
Price
€37.94
GF Value