Birchcliff Energy (TSX:BIR) Cyclically Adjusted PB Ratio: 0.76 (As of Aug. 08, 2026) — Near Median

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TSX:BIR Birchcliff Energy Ltd TSX:BIR
67 GF Score
Price C$6.24
GF Value C$6.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Birchcliff Energy Cyclically Adjusted PB Ratio?

Birchcliff Energy TSX:BIR -0.16% 67 Cyclically Adjusted PB Ratio is 0.76 as of Aug. 08, 2026, which is 1% below its 10-year median of 0.77. GuruFocus rates TSX:BIR with a GF Score™ of 67/100 and a GF Value™ of C$6.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 767 Oil & Gas companies, Birchcliff Energy ranks better than 63.1% on this metric.

As of today (2026-08-08), Birchcliff Energy's current share price is C$6.24. Birchcliff Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$8.17. Birchcliff Energy's Cyclically Adjusted PB Ratio for today is 0.76.

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

TSX:BIR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.77   Max: 1.81
Current: 0.8

During the past years, Birchcliff Energy's highest Cyclically Adjusted PB Ratio was 1.81. The lowest was 0.10. And the median was 0.77.

TSX:BIR's Cyclically Adjusted PB Ratio is ranked better than
63.1% of 767 companies
in the Oil & Gas industry
Industry Median: 1.2 vs TSX:BIR: 0.80

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.

Birchcliff Energy's adjusted book value per share data for the three months ended in Mar. 2026 was C$8.398. 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 C$8.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Birchcliff Energy  (TSX:BIR) 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.


Birchcliff Energy Cyclically Adjusted PB Ratio Related Terms


Birchcliff Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Birchcliff Energy'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.

Birchcliff Energy Cyclically Adjusted PB Ratio Chart

Birchcliff Energy 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 0.94 1.26 0.74 0.68 0.93

Birchcliff Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.83 0.92 0.71 0.93 0.93

TSX:BIR vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Birchcliff Energy'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.


Birchcliff Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSX:BIR
67GF Score
Birchcliff Energy Ltd TSX:BIR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Birchcliff Energy 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.

Birchcliff Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.24/8.17
=0.76

* 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.

Birchcliff Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Birchcliff Energy's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.398/132.2623*132.2623
=8.398

Current CPI (Mar. 2026) = 132.2623.

Birchcliff Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.890 102.002 5.044
201609 6.440 101.765 8.370
201612 6.488 101.449 8.459
201703 6.578 102.634 8.477
201706 6.623 103.029 8.502
201709 6.148 103.345 7.868
201712 6.225 103.345 7.967
201803 6.261 105.004 7.886
201806 6.265 105.557 7.850
201809 6.271 105.636 7.852
201812 6.519 105.399 8.181
201903 6.558 106.979 8.108
201906 6.508 107.690 7.993
201909 6.311 107.611 7.757
201912 6.220 107.769 7.634
202003 6.030 107.927 7.390
202006 5.880 108.401 7.174
202009 5.813 108.164 7.108
202012 5.964 108.559 7.266
202103 6.046 110.298 7.250
202106 6.198 111.720 7.338
202109 6.708 112.905 7.858
202112 7.085 113.774 8.236
202203 7.510 117.646 8.443
202206 8.174 120.806 8.949
202209 9.027 120.648 9.896
202212 9.069 120.964 9.916
202303 8.706 122.702 9.384
202306 8.676 124.203 9.239
202309 8.544 125.230 9.024
202312 8.330 125.072 8.809
202403 8.157 126.258 8.545
202406 8.227 127.522 8.533
202409 8.088 127.285 8.404
202412 8.091 127.364 8.402
202503 8.288 129.181 8.486
202506 8.199 129.892 8.349
202509 8.123 130.287 8.246
202512 8.169 130.366 8.288
202603 8.398 132.262 8.398

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 0.76 mean?
Birchcliff Energy (TSX:BIR) has a Cyclically Adjusted PB Ratio of 0.76 as of Aug. 08, 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 Birchcliff Energy and its competitors. This is near median its historical median of 0.77. Over the past decade, Birchcliff Energy's Cyclically Adjusted PB Ratio has ranged from 0.10 to 1.81. According to the industry distribution chart, Birchcliff Energy ranks #283 out of 767 companies in the Oil & Gas industry, placing it in the top 36.9%.
Is Birchcliff Energy's Cyclically Adjusted PB Ratio too high?
Birchcliff Energy's current Cyclically Adjusted PB Ratio of 0.76 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.81. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Birchcliff Energy's value of 0.76 is 36.7% below this industry median. Based on the distribution chart, Birchcliff Energy ranks #283 out of 767 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Birchcliff Energy has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Birchcliff Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Birchcliff Energy ranks #283 out of 767 companies for Cyclically Adjusted PB Ratio. This puts Birchcliff Energy in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Birchcliff Energy's value of 0.76 is 36.7% below this benchmark. Historically, Birchcliff Energy's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 1.81 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.20, Birchcliff Energy has consistently been below 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 767 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. Birchcliff Energy's current Cyclically Adjusted PB Ratio of 0.76 is 36.7% below 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 Birchcliff Energy 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. Birchcliff Energy's current Cyclically Adjusted PB Ratio is 0.76, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birchcliff Energy stock overvalued right now?
Based on GuruFocus' analysis, Birchcliff Energy (TSX:BIR) is currently considered Fairly Valued. The stock's GF Value™ is C$6.33, compared to a current price of C$6.24 — trading 1.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is near median its 10-year median of 0.77 and 36.7% below the Oil & Gas industry median of 1.20. Birchcliff Energy's overall GF Score™ is 67/100 with 6 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 Birchcliff Energy (TSX:BIR), the current Cyclically Adjusted PB Ratio is 0.76 as of Aug. 08, 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 Birchcliff Energy (TSX:BIR) Overvalued in 2026?

Based on GuruFocus' analysis, Birchcliff Energy stock appears to be undervalued. The current stock price of C$6.24 is trading 1.4% below its estimated GF Value™ of C$6.33. GuruFocus considers Birchcliff Energy to be Fairly Valued.

Key valuation signals for TSX:BIR:

  • Cyclically Adjusted PB Ratio: 0.76 (near median its 10-year median of 0.77)
  • GF Value™: C$6.33 vs. price of C$6.24 (1.4% below fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 36.7% below the Oil & Gas median (#283 of 767)

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


Birchcliff Energy Business Description

Industry EnergyOil & Gas
Other Exchanges BIREF:USA39B:Germany
Address 600 - 3rd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 0G5
Birchcliff Energy Ltd is an intermediate oil and natural gas company based in Calgary, Alberta, with operations focused on the exploration and development of the Montney Resource Play in Alberta. The company has a 100% working interest in its Pouce Coupe Gas Plant and two oil batteries, as well as various working interests in numerous other gas plants, oil batteries, compressors, facilities and infrastructure. Birchcliff operates the Gordondale Gas Plant owned by Altagas, with 100% of its throughput consisting of Birchcliff's production.
67GF Score

Get the complete analysis for TSX:BIR

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

C$6.24
Price
C$6.33
GF Value