TAOIF (TAG Oil) Cyclically Adjusted PB Ratio: (As of Sep. 02, 2026)

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What is TAG Oil Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TAG Oil  (OTCPK:TAOIF) 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.


TAG Oil Cyclically Adjusted PB Ratio Related Terms


TAG Oil Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TAG 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.

TAG Oil Cyclically Adjusted PB Ratio Chart

TAG Oil Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.16 0.34 0.14 0.12

TAG 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 0.17 0.15 0.12 0.13 0.00

TAOIF vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

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


TAG Oil Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



TAG 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.

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

For example, TAG 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)
=0.109/133.5265*133.5265
=0.109

Current CPI (Jun. 2026) = 133.5265.

TAG Oil Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.951 101.765 1.248
201612 0.885 101.449 1.165
201703 1.060 102.634 1.379
201706 1.067 103.029 1.383
201709 1.043 103.345 1.348
201712 0.996 103.345 1.287
201803 1.132 105.004 1.439
201806 1.077 105.557 1.362
201809 0.513 105.636 0.648
201812 0.528 105.399 0.669
201903 0.536 106.979 0.669
201906 0.513 107.690 0.636
201909 0.515 107.611 0.639
201912 0.498 107.769 0.617
202003 0.472 107.927 0.584
202006 0.250 108.401 0.308
202009 0.238 108.164 0.294
202012 0.198 108.559 0.244
202103 0.174 110.298 0.211
202106 0.169 111.720 0.202
202109 0.156 112.905 0.184
202112 0.145 113.774 0.170
202203 0.148 117.646 0.168
202206 0.146 120.806 0.161
202209 0.144 120.648 0.159
202212 0.184 120.964 0.203
202303 0.183 122.702 0.199
202306 0.182 124.203 0.196
202309 0.200 125.230 0.213
202312 0.187 125.072 0.200
202403 0.186 126.258 0.197
202406 0.177 127.522 0.185
202409 0.168 127.285 0.176
202412 0.154 127.364 0.161
202503 0.145 129.181 0.150
202506 0.146 129.892 0.150
202509 0.144 130.287 0.148
202512 0.137 130.366 0.140
202603 0.113 132.262 0.114
202606 0.109 133.527 0.109

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.


TAG Oil Business Description

Industry EnergyOil & Gas
Other Exchanges T0P:GermanyTAO:Canada
Address 1050 West Pender Street, Suite 1710, Vancouver, BC, CAN, V6E 3S7
TAG Oil Ltd is focused on oil and gas exploration and development opportunities in the Middle East and North Africa. The company is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1) and Southeast Ras Qattara (SERQ) concessions.