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Vital Energy (TSXV:VUX) Cyclically Adjusted PB Ratio : 1.50 (As of Jun. 23, 2024)


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What is Vital Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Vital Energy's current share price is C$0.285. Vital Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.19. Vital Energy's Cyclically Adjusted PB Ratio for today is 1.50.

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

TSXV:VUX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 2.52
Current: 1.5

During the past years, Vital Energy's highest Cyclically Adjusted PB Ratio was 2.52. The lowest was 0.01. And the median was 0.11.

TSXV:VUX's Cyclically Adjusted PB Ratio is ranked worse than
67.31% of 829 companies
in the Oil & Gas industry
Industry Median: 0.99 vs TSXV:VUX: 1.50

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.

Vital Energy's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.146. 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$0.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vital Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vital 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.

* Premium members only.

Vital Energy Cyclically Adjusted PB Ratio Chart

Vital Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.17 0.65 1.85 1.20

Vital Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.05 0.85 1.44 1.20 1.13

Competitive Comparison of Vital Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Vital 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.285/0.19
=1.50

* 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.

Vital Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vital Energy's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.146/126.2576*126.2576
=0.146

Current CPI (Mar. 2024) = 126.2576.

Vital Energy Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.047 98.920 -0.060
201409 0.394 99.394 0.500
201412 0.342 98.367 0.439
201503 0.331 99.789 0.419
201506 0.328 100.500 0.412
201509 0.315 100.421 0.396
201512 0.195 99.947 0.246
201603 0.173 101.054 0.216
201606 0.165 102.002 0.204
201609 0.157 101.765 0.195
201612 0.156 101.449 0.194
201703 0.153 102.634 0.188
201706 0.150 103.029 0.184
201709 0.146 103.345 0.178
201712 0.142 103.345 0.173
201803 0.139 105.004 0.167
201806 0.138 105.557 0.165
201809 0.138 105.636 0.165
201812 0.120 105.399 0.144
201903 0.120 106.979 0.142
201906 0.124 107.690 0.145
201909 0.128 107.611 0.150
201912 0.131 107.769 0.153
202003 0.079 107.927 0.092
202006 0.073 108.401 0.085
202009 0.072 108.164 0.084
202012 0.039 108.559 0.045
202103 0.040 110.298 0.046
202106 0.047 111.720 0.053
202109 0.069 112.905 0.077
202112 0.148 113.774 0.164
202203 0.190 117.646 0.204
202206 0.224 120.806 0.234
202209 0.229 120.648 0.240
202212 0.205 120.964 0.214
202303 0.212 122.702 0.218
202306 0.217 124.203 0.221
202309 0.231 125.230 0.233
202312 0.140 125.072 0.141
202403 0.146 126.258 0.146

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.


Vital Energy  (TSXV:VUX) 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.


Vital Energy Cyclically Adjusted PB Ratio Related Terms

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


Vital Energy (TSXV:VUX) Business Description

Industry
Traded in Other Exchanges
Address
634 - 6 Avenue S.W., Suite 620, Calgary, AB, CAN, T2P 0S4
Vital Energy Inc is a public junior oil and gas company based in Calgary, Alberta, focused on conventional crude oil exploration, development, and production in Western Canada. The company produces oil from the Gull Lake, Pennant, Baxter Lake areas. It generates all of its revenue from oil and gas sales.
Executives
Jeffrey Lawrence Standen Director, Senior Officer

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