Paramount Resources (TSX:POU) Cyclically Adjusted PB Ratio: 1.36 (As of Jul. 14, 2026) — Near Median

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TSX:POU Paramount Resources Ltd TSX:POU
62 GF Score
Price C$28.54
GF Value C$12.88
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Paramount Resources Cyclically Adjusted PB Ratio?

Paramount Resources TSX:POU +1.75% 62 Cyclically Adjusted PB Ratio is 1.36 as of Jul. 14, 2026, which is 2% above its 10-year median of 1.33. GuruFocus rates TSX:POU with a GF Score™ of 62/100 and a GF Value™ of C$12.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 774 Oil & Gas companies, Paramount Resources ranks worse than 56.2% on this metric.

As of today (2026-07-14), Paramount Resources's current share price is C$28.54. Paramount Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$20.99. Paramount Resources's Cyclically Adjusted PB Ratio for today is 1.36.

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

TSX:POU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 1.33   Max: 2.49
Current: 1.36

During the past years, Paramount Resources's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 0.07. And the median was 1.33.

TSX:POU's Cyclically Adjusted PB Ratio is ranked worse than
56.2% of 774 companies
in the Oil & Gas industry
Industry Median: 1.18 vs TSX:POU: 1.36

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.

Paramount Resources's adjusted book value per share data for the three months ended in Mar. 2026 was C$19.003. 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$20.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Paramount Resources  (TSX:POU) 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.


Paramount Resources Cyclically Adjusted PB Ratio Related Terms


Paramount Resources Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Paramount Resources'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.

Paramount Resources Cyclically Adjusted PB Ratio Chart

Paramount Resources 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 1.64 1.70 1.40 1.62 1.17

Paramount Resources 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 0.93 1.07 1.10 1.17 1.39

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

For the Oil & Gas E&P subindustry, Paramount Resources'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.


Paramount Resources Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSX:POU
62GF Score
Paramount Resources Ltd TSX:POU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paramount Resources 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.

Paramount Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.54/20.99
=1.36

* 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.

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

For example, Paramount Resources'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)
=19.003/132.2623*132.2623
=19.003

Current CPI (Mar. 2026) = 132.2623.

Paramount Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 4.689 102.002 6.080
201609 14.564 101.765 18.929
201612 16.107 101.449 20.999
201703 15.645 102.634 20.161
201706 16.085 103.029 20.649
201709 18.888 103.345 24.173
201712 19.792 103.345 25.330
201803 17.532 105.004 22.083
201806 16.768 105.557 21.010
201809 16.506 105.636 20.666
201812 17.269 105.399 21.670
201903 16.585 106.979 20.505
201906 15.584 107.690 19.140
201909 15.926 107.611 19.574
201912 15.623 107.769 19.174
202003 12.872 107.927 15.774
202006 12.880 108.401 15.715
202009 12.748 108.164 15.588
202012 15.405 108.559 18.769
202103 15.329 110.298 18.382
202106 15.411 111.720 18.245
202109 18.100 112.905 21.203
202112 18.724 113.774 21.767
202203 19.659 117.646 22.102
202206 20.467 120.806 22.408
202209 21.657 120.648 23.742
202212 23.789 120.964 26.011
202303 23.377 122.702 25.198
202306 23.412 124.203 24.931
202309 24.160 125.230 25.517
202312 24.266 125.072 25.661
202403 24.464 126.258 25.627
202406 24.983 127.522 25.912
202409 24.623 127.285 25.586
202412 25.155 127.364 26.122
202503 18.479 129.181 18.920
202506 18.692 129.892 19.033
202509 18.745 130.287 19.029
202512 18.806 130.366 19.080
202603 19.003 132.262 19.003

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 1.36 mean?
Paramount Resources (TSX:POU) has a Cyclically Adjusted PB Ratio of 1.36 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 Paramount Resources and its competitors. This is near median its historical median of 1.33. Over the past decade, Paramount Resources' Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.49. According to the industry distribution chart, Paramount Resources ranks #435 out of 774 companies in the Oil & Gas industry, placing it in the top 56.2%.
Is Paramount Resources' Cyclically Adjusted PB Ratio too high?
Paramount Resources' current Cyclically Adjusted PB Ratio of 1.36 is near median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 2.49. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Paramount Resources' value of 1.36 is 15.3% above this industry median. Based on the distribution chart, Paramount Resources ranks #435 out of 774 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Paramount Resources has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paramount Resources' Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Paramount Resources ranks #435 out of 774 companies for Cyclically Adjusted PB Ratio. This places Paramount Resources in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Paramount Resources' value of 1.36 is 15.3% above this benchmark. Historically, Paramount Resources' own Cyclically Adjusted PB Ratio has ranged from 0.07 to 2.49 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 1.18, Paramount Resources has consistently been above 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. Paramount Resources's current Cyclically Adjusted PB Ratio of 1.36 is 15.3% above 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 Paramount Resources 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. Paramount Resources's current Cyclically Adjusted PB Ratio is 1.36, which is near median its own 10-year median of 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Resources stock overvalued right now?
Based on GuruFocus' analysis, Paramount Resources (TSX:POU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$12.88, compared to a current price of C$28.54 — trading 121.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.36, which is near median its 10-year median of 1.33 and 15.3% above the Oil & Gas industry median of 1.18. Paramount Resources' overall GF Score™ is 62/100 with 6 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 Paramount Resources (TSX:POU), the current Cyclically Adjusted PB Ratio is 1.36 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 Paramount Resources (TSX:POU) Overvalued in 2026?

Based on GuruFocus' analysis, Paramount Resources stock appears to be overvalued. The current stock price of C$28.54 is trading 121.6% above its estimated GF Value™ of C$12.88. GuruFocus considers Paramount Resources to be Significantly Overvalued.

Key valuation signals for TSX:POU:

  • Cyclically Adjusted PB Ratio: 1.36 (near median its 10-year median of 1.33)
  • GF Value™: C$12.88 vs. price of C$28.54 (121.6% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 15.3% above the Oil & Gas median (#435 of 774)

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


Paramount Resources Business Description

Industry EnergyOil & Gas
Address 888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5
Paramount Resources Ltd is a Canadian energy company that explores and develops both conventional and unconventional petroleum and natural gas. The company explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. Its primary focus in the Grande Prairie Region is its Karr and Wapiti Montney properties Region includes the Kaybob North Duvernay development and other natural gas and oil-producing properties. The Central Alberta and Other Region includes the Willesden Green Duvernay development in central Alberta and shale gas properties in the Horn River Basin and Liard Basin in northeast British Columbia.
62GF Score

Get the complete analysis for TSX:POU

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

C$28.54
Price
C$12.88
GF Value