Frontera Energy (TSX:FEC) Cyclically Adjusted PB Ratio: (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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.

TSX:FEC Frontera Energy Corp TSX:FEC
53 GF Score
Price C$8.90
GF Value C$7.27
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Frontera Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontera Energy  (TSX:FEC) 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.


Frontera Energy Cyclically Adjusted PB Ratio Related Terms


Frontera Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Frontera 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.

Frontera Energy Cyclically Adjusted PB Ratio Chart

Frontera 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 0.00 0.00 0.00 0.00 0.00

Frontera 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 0.00 0.00 0.00 0.00 0.00

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

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


Frontera Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSX:FEC
53GF Score
Frontera Energy Corp TSX:FEC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontera 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.

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

For example, Frontera 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)
=11.461/132.2623*132.2623
=11.461

Current CPI (Mar. 2026) = 132.2623.

Frontera Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 -880,779.500 102.002 -1,142,079.364
201609 -1,016,551.333 101.765 -1,321,200.274
201612 19.951 101.449 26.011
201703 20.307 102.634 26.169
201706 19.257 103.029 24.721
201709 16.245 103.345 20.791
201712 16.416 103.345 21.009
201803 16.901 105.004 21.288
201806 15.257 105.557 19.117
201809 15.568 105.636 19.492
201812 13.956 105.399 17.513
201903 14.395 106.979 17.797
201906 17.180 107.690 21.100
201909 15.504 107.611 19.056
201912 16.527 107.769 20.283
202003 11.076 107.927 13.573
202006 9.992 108.401 12.191
202009 8.788 108.164 10.746
202012 9.250 108.559 11.270
202103 8.919 110.298 10.695
202106 8.138 111.720 9.634
202109 8.946 112.905 10.480
202112 18.937 113.774 22.014
202203 20.311 117.646 22.835
202206 20.634 120.806 22.591
202209 21.590 120.648 23.668
202212 25.067 120.964 27.408
202303 25.354 122.702 27.329
202306 26.102 124.203 27.796
202309 27.113 125.230 28.635
202312 28.732 125.072 30.384
202403 28.918 126.258 30.293
202406 28.992 127.522 30.070
202409 28.855 127.285 29.983
202412 30.265 127.364 31.429
202503 32.029 129.181 32.793
202506 22.582 129.892 22.994
202509 24.661 130.287 25.035
202512 11.923 130.366 12.096
202603 11.461 132.262 11.461

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.

Is Frontera Energy (TSX:FEC) Overvalued in 2026?

Based on GuruFocus' analysis, Frontera Energy stock appears to be overvalued. The current stock price of C$8.90 is trading 22.4% above its estimated GF Value™ of C$7.27. GuruFocus considers Frontera Energy to be Modestly Overvalued.

Key valuation signals for TSX:FEC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: C$7.27 vs. price of C$8.90 (22.4% above fair value)
  • GF Score™: 53/100 with 4 warning signs

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


Frontera Energy Business Description

Industry EnergyOil & Gas
Other Exchanges FECCF:USA3PY3:Germany
Address 140 4 Avenue SW, Suite 1030, Calgary, AB, CAN, T2P 3N3
Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in three reportable segments such as Colombia which includes all upstream business activities of exploration and production in Colombia, Guyana Includes all offshore business activities of exploration in Guyana. and Infrastructure Colombia Includes the Companies investment in certain infrastructure, midstream and other assets, including storage, port, the reverse osmosis water treatment facility (SAARA), the palm oil plantation, other facilities in Colombia and the Companies investment in pipelines. The majority of its revenue is generated from the Colombia segment.
53GF Score

Get the complete analysis for TSX:FEC

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

C$8.90
Price
C$7.27
GF Value