Gran Tierra Energy (TSX:GTE) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 15, 2026) — 43% Above Median

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TSX:GTE Gran Tierra Energy Inc TSX:GTE
51 GF Score
Price C$12.77
GF Value C$8.03
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Gran Tierra Energy Cyclically Adjusted PB Ratio?

Gran Tierra Energy TSX:GTE -3.62% 51 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 15, 2026, which is 43% above its 10-year median of 0.35. GuruFocus rates TSX:GTE with a GF Score™ of 51/100 and a GF Value™ of C$8.03 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 765 Oil & Gas companies, Gran Tierra Energy ranks better than 73.33% on this metric.

As of today (2026-08-15), Gran Tierra Energy's current share price is C$12.77. Gran Tierra Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was C$25.38. Gran Tierra Energy's Cyclically Adjusted PB Ratio for today is 0.50.

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

TSX:GTE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.35   Max: 1.3
Current: 0.53

During the past years, Gran Tierra Energy's highest Cyclically Adjusted PB Ratio was 1.30. The lowest was 0.06. And the median was 0.35.

TSX:GTE's Cyclically Adjusted PB Ratio is ranked better than
73.33% of 765 companies
in the Oil & Gas industry
Industry Median: 1.17 vs TSX:GTE: 0.53

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.

Gran Tierra Energy's adjusted book value per share data for the three months ended in Jun. 2026 was C$5.245. 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$25.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gran Tierra Energy  (TSX:GTE) 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.


Gran Tierra Energy Cyclically Adjusted PB Ratio Related Terms


Gran Tierra Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gran Tierra 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.

Gran Tierra Energy Cyclically Adjusted PB Ratio Chart

Gran Tierra 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 0.27 0.37 0.23 0.34 0.23

Gran Tierra Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.24 0.22 0.23 0.49 0.35

TSX:GTE vs INR, PNRG, UNTC: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Gran Tierra 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.


Gran Tierra Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSX:GTE
51GF Score
Gran Tierra Energy Inc TSX:GTE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gran Tierra 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.77/25.38
=0.50

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.245/133.5265*133.5265
=5.245

Current CPI (Jun. 2026) = 133.5265.

Gran Tierra Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.228 101.765 34.414
201612 24.234 101.449 31.897
201703 28.232 102.634 36.730
201706 27.919 103.029 36.183
201709 25.948 103.345 33.526
201712 26.789 103.345 34.613
201803 27.775 105.004 35.320
201806 31.892 105.557 40.342
201809 35.022 105.636 44.269
201812 35.744 105.399 45.283
201903 35.668 106.979 44.519
201906 36.939 107.690 45.801
201909 36.263 107.611 44.996
201912 37.055 107.769 45.911
202003 29.730 107.927 36.782
202006 15.196 108.401 18.718
202009 10.970 108.164 13.542
202012 8.971 108.559 11.034
202103 7.542 110.298 9.130
202106 6.766 111.720 8.087
202109 8.246 112.905 9.752
202112 10.532 113.774 12.360
202203 10.920 117.646 12.394
202206 12.901 120.806 14.259
202209 14.771 120.648 16.348
202212 16.388 120.964 18.090
202303 16.341 122.702 17.783
202306 15.463 124.203 16.624
202309 16.037 125.230 17.099
202312 16.492 125.072 17.607
202403 16.898 126.258 17.871
202406 18.595 127.522 19.471
202409 18.600 127.285 19.512
202412 16.380 127.364 17.173
202503 15.915 129.181 16.450
202506 15.097 129.892 15.519
202509 14.343 130.287 14.700
202512 8.939 130.366 9.156
202603 4.228 132.262 4.268
202606 5.245 133.527 5.245

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 0.50 mean?
Gran Tierra Energy (TSX:GTE) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 15, 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 Gran Tierra Energy and its competitors. This is 43% above median its historical median of 0.35. Over the past decade, Gran Tierra Energy's Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.30. According to the industry distribution chart, Gran Tierra Energy ranks #204 out of 765 companies in the Oil & Gas industry, placing it in the top 26.7%.
Is Gran Tierra Energy's Cyclically Adjusted PB Ratio too high?
Gran Tierra Energy's current Cyclically Adjusted PB Ratio of 0.50 is 43% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.30. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.17. Gran Tierra Energy's value of 0.50 is 57.3% below this industry median. Based on the distribution chart, Gran Tierra Energy ranks #204 out of 765 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Gran Tierra Energy has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gran Tierra Energy's Cyclically Adjusted PB Ratio compare to INR and PNRG?
According to the Oil & Gas industry distribution chart, Gran Tierra Energy ranks #204 out of 765 companies for Cyclically Adjusted PB Ratio. This puts Gran Tierra Energy in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Gran Tierra Energy's value of 0.50 is 57.3% below this benchmark. Historically, Gran Tierra Energy's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.30 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.17, Gran Tierra 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 1.17, 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. Gran Tierra Energy's current Cyclically Adjusted PB Ratio of 0.50 is 57.3% 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 Gran Tierra Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gran Tierra Energy's current Cyclically Adjusted PB Ratio is 0.50, which is 43% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gran Tierra Energy stock overvalued right now?
Based on GuruFocus' analysis, Gran Tierra Energy (TSX:GTE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$8.03, compared to a current price of C$12.77 — trading 59% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 43% above median its 10-year median of 0.35 and 57.3% below the Oil & Gas industry median of 1.17. Gran Tierra Energy's overall GF Score™ is 51/100 with 8 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 Gran Tierra Energy (TSX:GTE), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 15, 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 Gran Tierra Energy (TSX:GTE) Overvalued in 2026?

Based on GuruFocus' analysis, Gran Tierra Energy stock appears to be overvalued. The current stock price of C$12.77 is trading 59% above its estimated GF Value™ of C$8.03. GuruFocus considers Gran Tierra Energy to be Significantly Overvalued.

Key valuation signals for TSX:GTE:

  • Cyclically Adjusted PB Ratio: 0.50 (43% above median its 10-year median of 0.35)
  • GF Value™: C$8.03 vs. price of C$12.77 (59% above fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 57.3% below the Oil & Gas median (#204 of 765)

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


Gran Tierra Energy Business Description

Industry EnergyOil & Gas
Other Exchanges GTE:USAGTE:UKG1P0:Germany
Address 500 Centre Street Southeast, Calgary, AB, CAN, T2G 1A6
Gran Tierra Energy Inc is an independent energy company. The company, along with its subsidiaries, is focused on oil and gas exploration and production, with assets in Colombia, Canada, and Ecuador. It produces oil, natural gas, and natural gas liquids. Gran Tierra has assembled a diversified, high-quality asset base that is fully operated in Colombia and Ecuador and partly in Canada. The company operates various blocks in Colombia and Ecuador, spanning three basins. It also has contiguous areas in Alberta, Canada, spanning various gross acres across the Western Canadian Sedimentary Basin. The company's reportable segments are Colombia, Ecuador, Canada, and Other. The majority of its revenue comes from operations in Colombia.
51GF Score

Get the complete analysis for TSX:GTE

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

C$12.77
Price
C$8.03
GF Value