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Tethys Petroleum (TSXV:TPL) Cyclically Adjusted PB Ratio : 0.67 (As of May. 24, 2025)


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What is Tethys Petroleum Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Tethys Petroleum's current share price is C$1.40. Tethys Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was C$2.08. Tethys Petroleum's Cyclically Adjusted PB Ratio for today is 0.67.

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

TSXV:TPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 1
Current: 0.63

During the past years, Tethys Petroleum's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.01. And the median was 0.11.

TSXV:TPL's Cyclically Adjusted PB Ratio is ranked better than
62.63% of 776 companies
in the Oil & Gas industry
Industry Median: 0.89 vs TSXV:TPL: 0.63

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.

Tethys Petroleum's adjusted book value per share data for the three months ended in Dec. 2024 was C$0.287. 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$2.08 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tethys Petroleum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tethys Petroleum'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.

Tethys Petroleum Cyclically Adjusted PB Ratio Chart

Tethys Petroleum 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 0.13 0.16 0.20 0.23 0.50

Tethys Petroleum Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.23 0.32 0.29 0.33 0.50

Competitive Comparison of Tethys Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Tethys Petroleum'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.


Tethys Petroleum's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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Tethys Petroleum 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.

Tethys Petroleum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.40/2.08
=0.67

* 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.

Tethys Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Tethys Petroleum's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.287/133.1571*133.1571
=0.287

Current CPI (Dec. 2024) = 133.1571.

Tethys Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201503 7.413 99.621 9.908
201506 6.336 100.684 8.380
201509 6.653 100.392 8.824
201512 5.106 99.792 6.813
201603 4.367 100.470 5.788
201606 3.916 101.688 5.128
201609 3.844 101.861 5.025
201612 2.497 101.863 3.264
201703 2.181 102.862 2.823
201706 2.065 103.349 2.661
201709 1.839 104.136 2.352
201712 1.249 104.011 1.599
201803 1.163 105.290 1.471
201806 1.132 106.317 1.418
201809 0.946 106.507 1.183
201812 1.106 105.998 1.389
201903 1.115 107.251 1.384
201906 1.079 108.070 1.329
201909 1.065 108.329 1.309
201912 0.915 108.420 1.124
202003 0.735 108.902 0.899
202006 0.744 108.767 0.911
202009 0.724 109.815 0.878
202012 0.304 109.897 0.368
202103 0.290 111.754 0.346
202106 0.289 114.631 0.336
202109 0.299 115.734 0.344
202112 0.266 117.630 0.301
202203 0.349 121.301 0.383
202206 0.429 125.017 0.457
202209 0.539 125.227 0.573
202212 0.411 125.222 0.437
202303 0.412 127.348 0.431
202306 0.452 128.729 0.468
202309 0.509 129.860 0.522
202312 0.492 129.419 0.506
202403 0.486 131.776 0.491
202406 0.504 132.554 0.506
202409 0.454 133.029 0.454
202412 0.287 133.157 0.287

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.


Tethys Petroleum  (TSXV:TPL) 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.


Tethys Petroleum Cyclically Adjusted PB Ratio Related Terms

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


Tethys Petroleum Business Description

Industry
Traded in Other Exchanges
Address
190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9005
Tethys Petroleum Ltd is engaged in the acquisition of and exploration and development of crude oil and natural gas field. The company currently operated in Kazakhstan and others. Its projects include Kyzyloi Production Contract; Akkulka Exploration Contract and Kul-Bas Block.