NG Energy International (TSX:GASX) Cyclically Adjusted PB Ratio: 0.99 (As of Jul. 14, 2026) — 4850% Above Median

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TSX:GASX NG Energy International Corp TSX:GASX
52 GF Score
Price C$1.34
GF Value C$1.39
Valuation Fairly Valued
! 4 Warning Signs
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What is NG Energy International Cyclically Adjusted PB Ratio?

NG Energy International TSX:GASX +2.29% 52 Cyclically Adjusted PB Ratio is 0.99 as of Jul. 14, 2026, which is 4850% above its 10-year median of 0.02. GuruFocus rates TSX:GASX with a GF Score™ of 52/100 and a GF Value™ of C$1.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 774 Oil & Gas companies, NG Energy International ranks better than 55.94% on this metric.

As of today (2026-07-14), NG Energy International's current share price is C$1.34. NG Energy International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$1.36. NG Energy International's Cyclically Adjusted PB Ratio for today is 0.99.

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

TSX:GASX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 1.31
Current: 1.04

During the past years, NG Energy International's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.01. And the median was 0.02.

TSX:GASX's Cyclically Adjusted PB Ratio is ranked better than
55.94% of 774 companies
in the Oil & Gas industry
Industry Median: 1.18 vs TSX:GASX: 1.04

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.

NG Energy International's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.452. 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$1.36 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NG Energy International  (TSX:GASX) 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.


NG Energy International Cyclically Adjusted PB Ratio Related Terms


NG Energy International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NG Energy International'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.

NG Energy International Cyclically Adjusted PB Ratio Chart

NG Energy International 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 0.04 0.02 0.03 0.07 0.33

NG Energy International 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 0.08 0.10 0.19 0.33 1.05

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

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


NG Energy International Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSX:GASX
52GF Score
NG Energy International Corp TSX:GASX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NG Energy International 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.34/1.36
=0.99

* 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.

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

For example, NG Energy International'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)
=0.452/132.2623*132.2623
=0.452

Current CPI (Mar. 2026) = 132.2623.

NG Energy International Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.368 102.002 5.664
201609 4.271 101.765 5.551
201612 4.220 101.449 5.502
201703 8.253 102.634 10.636
201706 2.181 103.029 2.800
201709 3.348 103.345 4.285
201712 3.430 103.345 4.390
201803 3.376 105.004 4.252
201806 2.099 105.557 2.630
201809 2.004 105.636 2.509
201812 0.249 105.399 0.312
201903 0.204 106.979 0.252
201906 0.414 107.690 0.508
201909 0.314 107.611 0.386
201912 0.054 107.769 0.066
202003 0.118 107.927 0.145
202006 0.116 108.401 0.142
202009 0.074 108.164 0.090
202012 0.095 108.559 0.116
202103 0.157 110.298 0.188
202106 0.143 111.720 0.169
202109 0.139 112.905 0.163
202112 0.179 113.774 0.208
202203 0.170 117.646 0.191
202206 0.182 120.806 0.199
202209 0.174 120.648 0.191
202212 0.168 120.964 0.184
202303 0.125 122.702 0.135
202306 0.085 124.203 0.091
202309 0.140 125.230 0.148
202312 0.098 125.072 0.104
202403 0.257 126.258 0.269
202406 0.185 127.522 0.192
202409 0.262 127.285 0.272
202412 0.250 127.364 0.260
202503 0.220 129.181 0.225
202506 0.166 129.892 0.169
202509 0.135 130.287 0.137
202512 0.118 130.366 0.120
202603 0.452 132.262 0.452

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 0.99 mean?
NG Energy International (TSX:GASX) has a Cyclically Adjusted PB Ratio of 0.99 as of Jul. 14, 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 NG Energy International and its competitors. This is 4850% above median its historical median of 0.02. Over the past decade, NG Energy International's Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.31. According to the industry distribution chart, NG Energy International ranks #341 out of 774 companies in the Oil & Gas industry, placing it in the top 44.1%.
Is NG Energy International's Cyclically Adjusted PB Ratio too high?
NG Energy International's current Cyclically Adjusted PB Ratio of 0.99 is 4850% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.31. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. NG Energy International's value of 0.99 is 16.1% below this industry median. Based on the distribution chart, NG Energy International ranks #341 out of 774 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NG Energy International has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NG Energy International's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, NG Energy International ranks #341 out of 774 companies for Cyclically Adjusted PB Ratio. This puts NG Energy International in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. NG Energy International's value of 0.99 is 16.1% below this benchmark. Historically, NG Energy International's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 1.31 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 1.18, NG Energy International 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 1.18, based on 774 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. NG Energy International's current Cyclically Adjusted PB Ratio of 0.99 is 16.1% 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 NG Energy International and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NG Energy International's current Cyclically Adjusted PB Ratio is 0.99, which is 4850% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NG Energy International stock overvalued right now?
Based on GuruFocus' analysis, NG Energy International (TSX:GASX) is currently considered Fairly Valued. The stock's GF Value™ is C$1.39, compared to a current price of C$1.34 — trading 3.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 4850% above median its 10-year median of 0.02 and 16.1% below the Oil & Gas industry median of 1.18. NG Energy International's overall GF Score™ is 52/100 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 NG Energy International (TSX:GASX), the current Cyclically Adjusted PB Ratio is 0.99 as of Jul. 14, 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 NG Energy International (TSX:GASX) Overvalued in 2026?

Based on GuruFocus' analysis, NG Energy International stock appears to be undervalued. The current stock price of C$1.34 is trading 3.6% below its estimated GF Value™ of C$1.39. GuruFocus considers NG Energy International to be Fairly Valued.

Key valuation signals for TSX:GASX:

  • Cyclically Adjusted PB Ratio: 0.99 (4850% above median its 10-year median of 0.02)
  • GF Value™: C$1.39 vs. price of C$1.34 (3.6% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 16.1% below the Oil & Gas median (#341 of 774)

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


NG Energy International Business Description

Industry EnergyOil & Gas
Other Exchanges GASXF:USA56P:Germany
Address 700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
NG Energy International Corp is an oil and gas company. It is engaged in the business of exploration and development of oil and gas. The company derives key revenue from the sales of oil and natural gas. The company's principal oil and natural gas properties include Maria Conchita Block, SN-9 Block, Tiburon Block, and VMM39 Block in Colombia.
52GF Score

Get the complete analysis for TSX:GASX

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

C$1.34
Price
C$1.39
GF Value