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Whitecap Resources (TSX:WCP) Cyclically Adjusted PB Ratio : 0.95 (As of Apr. 29, 2025)


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What is Whitecap Resources Cyclically Adjusted PB Ratio?

As of today (2025-04-29), Whitecap Resources's current share price is C$8.13. Whitecap Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$8.55. Whitecap Resources's Cyclically Adjusted PB Ratio for today is 0.95.

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

TSX:WCP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 1.17   Max: 2.75
Current: 0.97

During the past years, Whitecap Resources's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 0.12. And the median was 1.17.

TSX:WCP's Cyclically Adjusted PB Ratio is ranked worse than
54.36% of 769 companies
in the Oil & Gas industry
Industry Median: 0.83 vs TSX:WCP: 0.97

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.

Whitecap Resources's adjusted book value per share data for the three months ended in Mar. 2025 was C$9.892. 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$8.55 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Whitecap Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Whitecap 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.

* Premium members only.

Whitecap Resources Cyclically Adjusted PB Ratio Chart

Whitecap Resources Annual Data
Trend Dec15 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 0.63 0.94 1.29 1.03 1.20

Whitecap Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.19 1.15 1.18 1.20 1.08

Competitive Comparison of Whitecap Resources's Cyclically Adjusted PB Ratio

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


Whitecap Resources's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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Whitecap 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.13/8.55
=0.95

* 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.

Whitecap Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Whitecap Resources's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=9.892/128.7859*128.7859
=9.892

Current CPI (Mar. 2025) = 128.7859.

Whitecap Resources Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.259 100.500 13.146
201509 8.833 100.421 11.328
201512 8.338 99.947 10.744
201603 8.172 101.054 10.415
201606 8.101 102.002 10.228
201609 8.065 101.765 10.206
201612 8.503 101.449 10.794
201703 8.597 102.634 10.788
201706 8.642 103.029 10.803
201709 8.594 103.345 10.710
201712 7.973 103.345 9.936
201803 7.886 105.004 9.672
201806 7.795 105.557 9.510
201809 7.893 105.636 9.623
201812 7.800 105.399 9.531
201903 7.618 106.979 9.171
201906 7.676 107.690 9.180
201909 7.708 107.611 9.225
201912 7.149 107.769 8.543
202003 1.907 107.927 2.276
202006 1.673 108.401 1.988
202009 1.666 108.164 1.984
202012 2.436 108.559 2.890
202103 3.364 110.298 3.928
202106 3.456 111.720 3.984
202109 5.808 112.905 6.625
202112 6.072 113.774 6.873
202203 7.104 117.646 7.777
202206 7.526 120.806 8.023
202209 7.936 120.648 8.471
202212 8.296 120.964 8.832
202303 8.616 122.702 9.043
202306 8.758 124.203 9.081
202309 8.866 125.230 9.118
202312 9.159 125.072 9.431
202403 9.085 126.258 9.267
202406 9.296 127.522 9.388
202409 9.569 127.285 9.682
202412 9.783 127.364 9.892
202503 9.892 128.786 9.892

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.


Whitecap Resources  (TSX:WCP) 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.


Whitecap Resources Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Whitecap Resources's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Whitecap Resources Business Description

Industry
Traded in Other Exchanges
Address
525 - 8th Avenue South West, Suite 3800, Calgary, AB, CAN, T2P 1G1
Whitecap Resources Inc is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. The company acquires assets with discovered petroleum initially in place and low current recovery factors. Light oil is the primary byproduct of Whitecap's Canadian assets. To extract petroleum products from its resources, the company uses horizontal drilling, in addition to multistage fracturing technology. Crude oil is the revenue generator out of the basket of energy products sold.
Executives
Grant Bradley Fagerheim Director, Senior Officer
Bradley John Wall Director
Kenneth Stickland Director
Thanh Chan Kang Senior Officer
Grant A. Zawalsky Director
Stephen Curtis Nikiforuk Director
David Michael Mombourquette Senior Officer
Joel Maxwell Armstrong Senior Officer
Vineeta Maguire Director
Glenn Mcnamara Director
Chandra Henry Director
Mary-jo Case Director
Darin Roy Dunlop Senior Officer
Gregory Scott Fletcher Director
Daryl Harvey Gilbert Director

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