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SynStream Energy (TSXV:SHM.H) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


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What is SynStream Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SynStream Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SynStream 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.

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SynStream Energy Cyclically Adjusted PB Ratio Chart

SynStream Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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SynStream Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of SynStream Energy's Cyclically Adjusted PB Ratio

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


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

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

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



SynStream 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.

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

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

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=-0.019/107.6113*107.6113
=-0.019

Current CPI (Sep. 2019) = 107.6113.

SynStream Energy Quarterly Data

Book Value per Share CPI Adj_Book
200912 0.076 90.703 0.090
201003 0.000 91.335 0.000
201006 0.074 91.809 0.087
201009 0.071 92.362 0.083
201012 0.051 92.836 0.059
201103 0.047 94.338 0.054
201106 0.042 94.654 0.048
201109 0.024 95.286 0.027
201112 0.011 94.970 0.012
201203 0.008 96.155 0.009
201206 0.010 96.076 0.011
201209 0.008 96.392 0.009
201212 0.002 95.760 0.002
201303 0.001 97.103 0.001
201306 0.000 97.182 0.000
201309 0.003 97.419 0.003
201312 -0.008 96.945 -0.009
201403 -0.009 98.604 -0.010
201406 0.000 99.473 0.000
201409 -0.013 99.394 -0.014
201412 -0.018 98.367 -0.020
201503 -0.020 99.789 -0.022
201506 -0.021 100.500 -0.022
201509 -0.022 100.421 -0.024
201512 -0.026 99.947 -0.028
201603 -0.001 101.054 -0.001
201606 -0.002 102.002 -0.002
201609 -0.003 101.765 -0.003
201612 -0.006 101.449 -0.006
201703 -0.007 102.634 -0.007
201706 -0.008 103.029 -0.008
201709 -0.009 103.345 -0.009
201712 -0.015 103.345 -0.016
201803 -0.016 105.004 -0.016
201806 -0.017 105.557 -0.017
201809 -0.018 105.636 -0.018
201812 -0.017 105.399 -0.017
201903 -0.018 106.979 -0.018
201906 -0.019 107.690 -0.019
201909 -0.019 107.611 -0.019

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.


SynStream Energy  (TSXV:SHM.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.


SynStream Energy Cyclically Adjusted PB Ratio Related Terms

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SynStream Energy Business Description

Industry
Traded in Other Exchanges
N/A
Address
1414 8th Street SW, Suite 200, Calgary, AB, CAN, T2R 1J6
SynStream Energy Corp is a Canada based exploration company. It is engaged in the acquisition, exploration, development, and production of petroleum and natural gas reserves in Western Canada.

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