Atlas Energy (TSXV:ATLE) Cyclically Adjusted PB Ratio: 0.04 (As of Jul. 21, 2026) — 300% Above Median

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TSXV:ATLE Atlas Energy Corp TSXV:ATLE
30 GF Score
Price C$0.14
GF Value C$0.08
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Atlas Energy Cyclically Adjusted PB Ratio?

Atlas Energy TSXV:ATLE +3.85% 30 Cyclically Adjusted PB Ratio is 0.04 as of Jul. 21, 2026, which is 300% above its 10-year median of 0.01. GuruFocus rates TSXV:ATLE with a GF Score™ of 30/100 and a GF Value™ of C$0.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 773 Oil & Gas companies, Atlas Energy ranks better than 97.67% on this metric.

As of today (2026-07-21), Atlas Energy's current share price is C$0.135. Atlas Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$3.22. Atlas Energy's Cyclically Adjusted PB Ratio for today is 0.04.

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

TSXV:ATLE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.04
Current: 0.04

During the past years, Atlas Energy's highest Cyclically Adjusted PB Ratio was 0.04. The lowest was 0.01. And the median was 0.01.

TSXV:ATLE's Cyclically Adjusted PB Ratio is ranked better than
97.67% of 773 companies
in the Oil & Gas industry
Industry Median: 1.2 vs TSXV:ATLE: 0.04

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.

Atlas Energy's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.041. 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$3.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlas Energy  (TSXV:ATLE) 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.


Atlas Energy Cyclically Adjusted PB Ratio Related Terms


Atlas Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Atlas 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.

Atlas Energy Cyclically Adjusted PB Ratio Chart

Atlas Energy Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.02 0.02 0.03

Atlas 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 0.03 0.02 0.03 0.05

TSXV:ATLE vs WMB, EPD, KMI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Atlas 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.


Atlas Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSXV:ATLE
30GF Score
Atlas Energy Corp TSXV:ATLE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Atlas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.135/3.22
=0.04

* 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.

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

For example, Atlas 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)
=0.041/132.2623*132.2623
=0.041

Current CPI (Mar. 2026) = 132.2623.

Atlas Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.378 102.002 29.017
201609 25.877 101.765 33.632
201612 23.158 101.449 30.192
201703 19.930 102.634 25.683
201706 -6.603 103.029 -8.477
201709 -10.690 103.345 -13.681
201712 5.382 103.345 6.888
201803 3.073 105.004 3.871
201806 -0.759 105.557 -0.951
201809 2.163 105.636 2.708
201812 1.340 105.399 1.682
201903 -0.823 106.979 -1.018
201906 1.587 107.690 1.949
201909 1.567 107.611 1.926
201912 1.395 107.769 1.712
202003 1.336 107.927 1.637
202006 0.702 108.401 0.857
202009 0.230 108.164 0.281
202012 -0.029 108.559 -0.035
202103 0.931 110.298 1.116
202106 1.215 111.720 1.438
202109 1.390 112.905 1.628
202112 1.201 113.774 1.396
202203 1.101 117.646 1.238
202206 0.989 120.806 1.083
202209 0.844 120.648 0.925
202212 0.662 120.964 0.724
202303 0.476 122.702 0.513
202306 0.332 124.203 0.354
202309 0.232 125.230 0.245
202312 0.138 125.072 0.146
202403 0.061 126.258 0.064
202406 -0.002 127.522 -0.002
202409 0.007 127.285 0.007
202412 -0.017 127.364 -0.018
202503 -0.024 129.181 -0.025
202506 0.046 129.892 0.047
202509 0.044 130.287 0.045
202512 0.043 130.366 0.044
202603 0.041 132.262 0.041

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 0.04 mean?
Atlas Energy (TSXV:ATLE) has a Cyclically Adjusted PB Ratio of 0.04 as of Jul. 21, 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 Atlas Energy and its competitors. This is 300% above median its historical median of 0.01. Over the past decade, Atlas Energy's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.04. According to the industry distribution chart, Atlas Energy ranks #18 out of 773 companies in the Oil & Gas industry, placing it in the top 2.3%.
Is Atlas Energy's Cyclically Adjusted PB Ratio too high?
Atlas Energy's current Cyclically Adjusted PB Ratio of 0.04 is 300% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.04. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Atlas Energy's value of 0.04 is 96.7% below this industry median. Based on the distribution chart, Atlas Energy ranks #18 out of 773 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Atlas Energy has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Energy's Cyclically Adjusted PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Atlas Energy ranks #18 out of 773 companies for Cyclically Adjusted PB Ratio. This places Atlas Energy in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.20. Atlas Energy's value of 0.04 is 96.7% below this benchmark. Historically, Atlas Energy's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.04 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 1.20, Atlas 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 1.20, based on 773 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. Atlas Energy's current Cyclically Adjusted PB Ratio of 0.04 is 96.7% 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 Atlas Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Energy's current Cyclically Adjusted PB Ratio is 0.04, which is 300% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Energy stock overvalued right now?
Based on GuruFocus' analysis, Atlas Energy (TSXV:ATLE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.08, compared to a current price of C$0.14 — trading 68.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.04, which is 300% above median its 10-year median of 0.01 and 96.7% below the Oil & Gas industry median of 1.20. Atlas Energy's overall GF Score™ is 30/100 with 1 warning sign 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 Atlas Energy (TSXV:ATLE), the current Cyclically Adjusted PB Ratio is 0.04 as of Jul. 21, 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 Atlas Energy (TSXV:ATLE) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Energy stock appears to be overvalued. The current stock price of C$0.14 is trading 68.8% above its estimated GF Value™ of C$0.08. GuruFocus considers Atlas Energy to be Significantly Overvalued.

Key valuation signals for TSXV:ATLE:

  • Cyclically Adjusted PB Ratio: 0.04 (300% above median its 10-year median of 0.01)
  • GF Value™: C$0.08 vs. price of C$0.14 (68.8% above fair value)
  • GF Score™: 30/100 with 1 warning sign
  • Industry Position: 96.7% below the Oil & Gas median (#18 of 773)

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


Atlas Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CANSF:USA
Address 333 - 7th Avenue SW, Number 3200, Dome Tower, Calgary, AB, CAN, T2P 2Z1
Atlas Energy Corp is a Canadian Oil and Gas development company. The company is focused on the acquisition and management of a portfolio of international upstream oil and gas royalty and streaming transactions. Atlas also evaluates royalty and streaming opportunities in the North American market. Atlas also focuses on the acquisition of international royalty and stream interests on proved and developed petroleum and natural gas reserves that are revenue generating and counter-cyclical to provide commodity upside and long-term organic growth.
30GF Score

Get the complete analysis for TSXV:ATLE

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

C$0.14
Price
C$0.08
GF Value