HyperDynamics (STU:HD51) Cyclically Adjusted PB Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is HyperDynamics Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


HyperDynamics  (STU:HD51) 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.


HyperDynamics Cyclically Adjusted PB Ratio Related Terms


HyperDynamics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for HyperDynamics'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.

HyperDynamics Cyclically Adjusted PB Ratio Chart

HyperDynamics Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Cyclically Adjusted PB Ratio
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HyperDynamics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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

STU:HD51 vs FPPP, UNGS, GBEYF: Cyclically Adjusted PB Ratio Comparison

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


HyperDynamics Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



HyperDynamics 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.

HyperDynamics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, HyperDynamics's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=-0.129/244.9550*244.9550
=-0.129

Current CPI (Jun. 2017) = 244.9550.

HyperDynamics Quarterly Data

Book Value per Share CPI Adj_Book
200709 0.692 208.490 0.813
200712 0.544 210.036 0.634
200803 0.387 213.528 0.444
200806 0.579 218.815 0.648
200809 0.633 218.783 0.709
200812 0.325 210.228 0.379
200903 0.245 212.709 0.282
200906 0.379 215.693 0.430
200909 0.146 215.969 0.166
200912 0.499 215.949 0.566
201003 0.663 217.631 0.746
201006 1.352 217.965 1.519
201009 1.170 218.439 1.312
201012 2.633 219.179 2.943
201103 6.998 223.467 7.671
201106 6.751 225.722 7.326
201109 6.951 226.889 7.504
201112 7.101 225.672 7.708
201203 3.114 229.392 3.325
201206 2.905 229.478 3.101
201209 2.657 231.407 2.813
201212 2.471 229.601 2.636
201303 2.409 232.773 2.535
201306 2.221 233.504 2.330
201309 2.044 234.149 2.138
201312 1.711 233.049 1.798
201403 1.418 236.293 1.470
201406 1.580 238.343 1.624
201409 1.526 238.031 1.570
201412 1.454 234.812 1.517
201503 1.543 236.119 1.601
201506 1.373 238.638 1.409
201509 1.296 237.945 1.334
201512 1.259 236.525 1.304
201603 0.483 238.132 0.497
201606 0.420 241.018 0.427
201609 0.471 241.428 0.478
201612 0.203 241.432 0.206
201703 0.144 243.801 0.145
201706 -0.129 244.955 -0.129

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.


HyperDynamics Business Description

Industry EnergyOil & Gas
Address 12012 Wickchester Lane, Suite 475, Houston, TX, USA, 77079
HyperDynamics Corp, together with its subsidiaries, operates as an independent oil and gas exploration company. It is engaged in the acquisition, exploration, and development of oil and natural gas properties with large prospects in the offshore Republic of Guinea to northwest Africa. The company conducts its operational activities through Guinea project. Its exploration efforts are conducted through a Hydrocarbon production sharing contract.