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Bonterra Energy (TSX:BNE) Cyclically Adjusted PB Ratio : 0.35 (As of May. 01, 2024)


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What is Bonterra Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Bonterra Energy's current share price is C$5.93. Bonterra Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$16.98. Bonterra Energy's Cyclically Adjusted PB Ratio for today is 0.35.

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

TSX:BNE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.98   Max: 9.76
Current: 0.35

During the past years, Bonterra Energy's highest Cyclically Adjusted PB Ratio was 9.76. The lowest was 0.05. And the median was 0.98.

TSX:BNE's Cyclically Adjusted PB Ratio is ranked better than
76.14% of 813 companies
in the Oil & Gas industry
Industry Median: 1.02 vs TSX:BNE: 0.35

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.

Bonterra Energy's adjusted book value per share data for the three months ended in Dec. 2023 was C$14.180. 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$16.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bonterra Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bonterra 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.

* Premium members only.

Bonterra Energy Cyclically Adjusted PB Ratio Chart

Bonterra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.14 0.34 0.38 0.31

Bonterra Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.38 0.37 0.32 0.43 0.31

Competitive Comparison of Bonterra Energy's Cyclically Adjusted PB Ratio

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


Bonterra Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Bonterra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.93/16.98
=0.35

* 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.

Bonterra Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bonterra Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=14.18/125.4675*125.4675
=14.180

Current CPI (Dec. 2023) = 125.4675.

Bonterra Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.466 98.604 27.314
201406 21.840 99.473 27.547
201409 21.677 99.394 27.363
201412 19.745 98.367 25.185
201503 19.083 99.789 23.994
201506 18.648 100.500 23.281
201509 18.429 100.421 23.025
201512 17.977 99.947 22.567
201603 17.377 101.054 21.575
201606 17.019 102.002 20.934
201609 16.591 101.765 20.455
201612 16.330 101.449 20.196
201703 16.083 102.634 19.661
201706 15.906 103.029 19.370
201709 15.542 103.345 18.869
201712 15.318 103.345 18.597
201803 15.137 105.004 18.087
201806 15.130 105.557 17.984
201809 15.023 105.636 17.843
201812 14.495 105.399 17.255
201903 14.525 106.979 17.035
201906 15.204 107.690 17.714
201909 15.155 107.611 17.670
201912 15.093 107.769 17.572
202003 6.535 107.927 7.597
202006 6.360 108.401 7.361
202009 6.209 108.164 7.202
202012 5.868 108.559 6.782
202103 5.827 110.298 6.628
202106 10.501 111.720 11.793
202109 10.717 112.905 11.909
202112 11.200 113.774 12.351
202203 11.365 117.646 12.121
202206 12.244 120.806 12.716
202209 12.727 120.648 13.235
202212 12.999 120.964 13.483
202303 13.144 122.702 13.440
202306 13.383 124.203 13.519
202309 13.760 125.230 13.786
202312 14.180 125.468 14.180

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.


Bonterra Energy  (TSX:BNE) 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.


Bonterra Energy Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bonterra Energy's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bonterra Energy (TSX:BNE) Business Description

Industry
Traded in Other Exchanges
Address
1015-4th Street SW, Suite 901, Calgary, AB, CAN, T2R 1J4
Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.

Bonterra Energy (TSX:BNE) Headlines