TCEC (TransCoastal) Cyclically Adjusted PB Ratio: (As of Jul. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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 TransCoastal Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TransCoastal  (OTCPK:TCEC) 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.


TransCoastal Cyclically Adjusted PB Ratio Related Terms


TransCoastal Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TransCoastal'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.

TransCoastal Cyclically Adjusted PB Ratio Chart

TransCoastal Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
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

TransCoastal Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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

TCEC vs UNGS, FPPP, GBEYF: Cyclically Adjusted PB Ratio Comparison

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


TransCoastal Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



TransCoastal 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.

TransCoastal's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, TransCoastal's adjusted Book Value per Share data for the three months ended in Jun. 2015 was:

Adj_Book=Book Value per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=0.124/238.6380*238.6380
=0.124

Current CPI (Jun. 2015) = 238.6380.

TransCoastal Quarterly Data

Book Value per Share CPI Adj_Book
200509 -5.162 198.800 -6.196
200512 -5.500 196.800 -6.669
200603 -6.108 199.800 -7.295
200606 -6.923 202.900 -8.142
200609 -7.554 202.900 -8.885
200612 -8.400 201.800 -9.933
200703 -9.200 205.352 -10.691
200706 -9.862 208.352 -11.296
200709 -10.492 208.490 -12.009
200712 -11.725 210.036 -13.322
200803 -10.885 213.528 -12.165
200806 -10.370 218.815 -11.309
200809 -10.973 218.783 -11.969
200812 -8.138 210.228 -9.238
200903 -6.293 212.709 -7.060
200906 -4.647 215.693 -5.141
200909 -4.443 215.969 -4.909
200912 -4.736 215.949 -5.234
201003 -4.828 217.631 -5.294
201006 -5.006 217.965 -5.481
201009 -5.540 218.439 -6.052
201012 -6.385 219.179 -6.952
201103 -7.420 223.467 -7.924
201106 -7.420 225.722 -7.845
201109 -7.603 226.889 -7.997
201112 -7.897 225.672 -8.351
201203 -8.207 229.392 -8.538
201206 -8.420 229.478 -8.756
201209 -8.579 231.407 -8.847
201212 30.275 229.601 31.467
201303 -9.000 232.773 -9.227
201306 46.871 233.504 47.902
201309 0.361 234.149 0.368
201312 0.136 233.049 0.139
201403 0.174 236.293 0.176
201406 0.202 238.343 0.202
201409 0.183 238.031 0.183
201412 0.180 234.812 0.183
201503 0.167 236.119 0.169
201506 0.124 238.638 0.124

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.


TransCoastal Business Description

Industry EnergyOil & Gas
Address 4975 Voyager Drive, Dallas, TX, USA, 75237
TransCoastal Corp is an oil and gas exploration and production company. It is engaged in the development of oil and gas reserves in the state of Texas. The company has acquired or divested over 100 wells in Texas and has over 200 undeveloped locations on over 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas.