Canacol Energy (TSX:CNE) Cyclically Adjusted PB Ratio: 0.12 (As of Jul. 30, 2026) — 87% Below Median

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TSX:CNE Canacol Energy Ltd TSX:CNE
50 GF Score
Price C$1.53
GF Value C$48,807.00
! 4 Warning Signs
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What is Canacol Energy Cyclically Adjusted PB Ratio?

Canacol Energy TSX:CNE 50 Cyclically Adjusted PB Ratio is 0.12 as of Jul. 30, 2026, which is 87% below its 10-year median of 0.95. GuruFocus rates TSX:CNE with a GF Score™ of 50/100 and a GF Value™ of C$48,807.00. The stock has 4 warning signs investors should review. Among 765 Oil & Gas companies, Canacol Energy ranks worse than 130718.82% on this metric.

As of today (2026-07-30), Canacol Energy's current share price is C$1.53. Canacol Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was C$12.74. Canacol Energy's Cyclically Adjusted PB Ratio for today is 0.12.

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

During the past years, Canacol Energy's highest Cyclically Adjusted PB Ratio was 1.50. The lowest was 0.01. And the median was 0.95.

TSX:CNE's Cyclically Adjusted PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.2
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Canacol Energy's adjusted book value per share data for the three months ended in Sep. 2025 was C$15.634. 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$12.74 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Canacol Energy  (TSX:CNE) 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.


Canacol Energy Cyclically Adjusted PB Ratio Related Terms


Canacol Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Canacol 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.

Canacol Energy Cyclically Adjusted PB Ratio Chart

Canacol Energy Annual Data
Trend Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.96 0.64 0.49 0.27

Canacol Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.26 0.27 0.27 0.21 0.20

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

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


Canacol Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSX:CNE
50GF Score
Canacol Energy Ltd TSX:CNE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Canacol 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.53/12.74
=0.12

* 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.

Canacol Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Canacol Energy's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=15.634/130.2871*130.2871
=15.634

Current CPI (Sep. 2025) = 130.2871.

Canacol Energy Quarterly Data

Book Value per Share CPI Adj_Book
201512 13.057 99.947 17.021
201603 12.654 101.054 16.315
201606 12.832 102.002 16.390
201609 13.317 101.765 17.049
201612 14.368 101.449 18.452
201703 14.241 102.634 18.078
201706 14.631 103.029 18.502
201709 13.545 103.345 17.076
201712 8.670 103.345 10.930
201803 9.200 105.004 11.415
201806 8.429 105.557 10.404
201809 8.135 105.636 10.033
201812 7.777 105.399 9.613
201903 8.007 106.979 9.752
201906 8.054 107.690 9.744
201909 8.166 107.611 9.887
201912 8.876 107.769 10.731
202003 8.188 107.927 9.884
202006 8.381 108.401 10.073
202009 7.855 108.164 9.462
202012 7.398 108.559 8.879
202103 6.900 110.298 8.151
202106 6.483 111.720 7.560
202109 6.688 112.905 7.718
202112 6.726 113.774 7.702
202203 7.015 117.646 7.769
202206 6.599 120.806 7.117
202209 6.447 120.648 6.962
202212 11.627 120.964 12.523
202303 12.125 122.702 12.875
202306 13.070 124.203 13.710
202309 13.030 125.230 13.556
202312 13.831 125.072 14.408
202403 14.115 126.258 14.565
202406 13.440 127.522 13.731
202409 13.757 127.285 14.082
202412 13.409 127.364 13.717
202503 14.853 129.181 14.980
202506 14.698 129.892 14.743
202509 15.634 130.287 15.634

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 0.12 mean?
Canacol Energy (TSX:CNE) has a Cyclically Adjusted PB Ratio of 0.12 as of Jul. 30, 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 Canacol Energy and its competitors. This is 87% below median its historical median of 0.95. Over the past decade, Canacol Energy's Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.50. According to the industry distribution chart, Canacol Energy ranks #999999 out of 765 companies in the Oil & Gas industry.
Is Canacol Energy's Cyclically Adjusted PB Ratio too high?
Canacol Energy's current Cyclically Adjusted PB Ratio of 0.12 is 87% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.50. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Canacol Energy's value of 0.12 is 90% below this industry median. Based on the distribution chart, Canacol Energy ranks #999999 out of 765 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Canacol Energy has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Canacol Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canacol Energy ranks #999999 out of 765 companies for Cyclically Adjusted PB Ratio. This places Canacol Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Canacol Energy's value of 0.12 is 90% below this benchmark. Historically, Canacol Energy's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.50 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.20, Canacol 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 765 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. Canacol Energy's current Cyclically Adjusted PB Ratio of 0.12 is 90% 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 Canacol 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. Canacol Energy's current Cyclically Adjusted PB Ratio is 0.12, which is 87% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canacol Energy stock overvalued right now?
Canacol Energy (TSX:CNE) has a current Cyclically Adjusted PB Ratio of 0.12. The stock's GF Value™ is C$48,807.00, compared to a current price of C$1.53 — trading 100% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.12, which is 87% below median its 10-year median of 0.95 and 90% below the Oil & Gas industry median of 1.20. Canacol Energy's overall GF Score™ is 50/100 with 4 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 Canacol Energy (TSX:CNE), the current Cyclically Adjusted PB Ratio is 0.12 as of Jul. 30, 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 Canacol Energy (TSX:CNE) Overvalued in 2026?

Based on GuruFocus' analysis, Canacol Energy stock appears to be undervalued. The current stock price of C$1.53 is trading 100% below its estimated GF Value™ of C$48,807.00.

Key valuation signals for TSX:CNE:

  • Cyclically Adjusted PB Ratio: 0.12 (87% below median its 10-year median of 0.95)
  • GF Value™: C$48,807.00 vs. price of C$1.53 (100% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 90% below the Oil & Gas median (#999999 of 765)

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


Canacol Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CNNEQ:USA
Address 215 - 9 Avenue SW, Suite 2000, Calgary, AB, CAN, T2P 1K3
Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.
50GF Score

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

C$1.53
Price
C$48,807.00
GF Value