CanAsia Energy (TSXV:CEC) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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TSXV:CEC CanAsia Energy Corp TSXV:CEC
32 GF Score
Price C$0.42
! 3 Warning Signs
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What is CanAsia Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CanAsia Energy  (TSXV:CEC) 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.


CanAsia Energy Cyclically Adjusted PB Ratio Related Terms


CanAsia Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CanAsia 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.

CanAsia Energy Cyclically Adjusted PB Ratio Chart

CanAsia 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 - 0.07 0.05 0.03 0.04

CanAsia 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 0.03 0.04 0.04 0.06 0.17

TSXV:CEC vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

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


CanAsia Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


TSXV:CEC
32GF Score
CanAsia Energy Corp TSXV:CEC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CanAsia 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.

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

For example, CanAsia 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)
=0.208/133.5265*133.5265
=0.208

Current CPI (Jun. 2026) = 133.5265.

CanAsia Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 4.763 101.765 6.250
201612 2.973 101.449 3.913
201703 2.958 102.634 3.848
201706 2.930 103.029 3.797
201709 2.875 103.345 3.715
201712 2.880 103.345 3.721
201803 2.920 105.004 3.713
201806 2.907 105.557 3.677
201809 2.887 105.636 3.649
201812 2.950 105.399 3.737
201903 2.939 106.979 3.668
201906 2.967 107.690 3.679
201909 2.991 107.611 3.711
201912 2.485 107.769 3.079
202003 1.038 107.927 1.284
202006 1.038 108.401 1.279
202009 0.992 108.164 1.225
202012 0.972 108.559 1.196
202103 0.959 110.298 1.161
202106 0.999 111.720 1.194
202109 1.048 112.905 1.239
202112 1.112 113.774 1.305
202203 0.773 117.646 0.877
202206 0.856 120.806 0.946
202209 0.117 120.648 0.129
202212 0.103 120.964 0.114
202303 0.044 122.702 0.048
202306 0.031 124.203 0.033
202309 0.028 125.230 0.030
202312 0.049 125.072 0.052
202403 0.049 126.258 0.052
202406 0.080 127.522 0.084
202409 0.075 127.285 0.079
202412 0.069 127.364 0.072
202503 0.064 129.181 0.066
202506 0.057 129.892 0.059
202509 0.051 130.287 0.052
202512 0.046 130.366 0.047
202603 0.040 132.262 0.040
202606 0.208 133.527 0.208

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.


CanAsia Energy Business Description

Industry EnergyOil & Gas
Other Exchanges CECAF:USA
Address 3rd Street SW, Unit 1505, 505, Calgary, AB, CAN, T2P 3E6
CanAsia Energy Corp is engaged in the exploration for, and the acquisition, development and production of, crude oil and natural gas reserves. The company has interest in Sawn Lake, Alberta.
32GF Score

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

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