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Primeline Energy Holdings (TSXV:PEH.H) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Primeline Energy Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Primeline Energy Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Primeline Energy Holdings'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.

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Primeline Energy Holdings Cyclically Adjusted PB Ratio Chart

Primeline Energy Holdings Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Cyclically Adjusted PB Ratio
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Primeline Energy Holdings Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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Competitive Comparison of Primeline Energy Holdings's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Primeline Energy Holdings'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.


Primeline Energy Holdings's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Primeline Energy Holdings 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.

Primeline Energy Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2019 is calculated as:

For example, Primeline Energy Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2019 was:

Adj_Book=Book Value per Share/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=-0.129/110.6999*110.6999
=-0.129

Current CPI (Dec. 2019) = 110.6999.

Primeline Energy Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201003 0.657 81.239 0.895
201006 0.667 81.568 0.905
201009 0.672 80.029 0.930
201012 0.678 83.217 0.902
201103 0.642 84.756 0.839
201106 0.649 86.185 0.834
201109 0.675 84.646 0.883
201112 0.691 87.944 0.870
201203 0.674 88.934 0.839
201206 0.692 89.373 0.857
201209 0.661 87.834 0.833
201212 0.677 91.132 0.822
201303 0.708 92.122 0.851
201306 0.722 93.001 0.859
201309 0.727 91.902 0.876
201312 0.709 95.090 0.825
201403 0.735 95.749 0.850
201406 0.706 96.409 0.811
201409 0.732 97.948 0.827
201412 0.749 99.707 0.832
201503 1.122 99.927 1.243
201506 0.715 99.267 0.797
201509 0.674 99.927 0.747
201512 0.660 102.015 0.716
201603 0.487 102.785 0.525
201606 0.369 101.686 0.402
201609 0.318 102.565 0.343
201612 0.182 103.225 0.195
201703 0.319 103.335 0.342
201706 0.310 103.664 0.331
201709 0.307 103.994 0.327
201712 0.323 104.984 0.341
201803 0.352 105.973 0.368
201806 0.250 106.193 0.261
201809 0.105 106.852 0.109
201812 0.053 107.622 0.055
201903 0.044 108.172 0.045
201906 -0.029 109.601 -0.029
201909 -0.110 110.260 -0.110
201912 -0.129 110.700 -0.129

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.


Primeline Energy Holdings  (TSXV:PEH.H) 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.


Primeline Energy Holdings Cyclically Adjusted PB Ratio Related Terms

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Primeline Energy Holdings (TSXV:PEH.H) Business Description

Traded in Other Exchanges
N/A
Address
88 Tai Tam Reservoir Road, Hong Kong Parkview, Hong Kong, HKG
Primeline Energy Holdings Inc is engaged in the exploration, development, and production of offshore oil and gas properties in the People's Republic of China. It owns a right in the East China Sea in relation to Petroleum Contract 25/34 and Petroleum Contract 33/07. The company derives revenue from Natural gas, CO2, Condensate, Light Oil and LPG.

Primeline Energy Holdings (TSXV:PEH.H) Headlines

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