Wescan Energy (TSXV:WCE) Cyclically Adjusted PB Ratio: 1.25 (As of Aug. 04, 2026) — 39% Above Median

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What is Wescan Energy Cyclically Adjusted PB Ratio?

Wescan Energy TSXV:WCE Cyclically Adjusted PB Ratio is 1.25 as of Aug. 04, 2026, which is 39% above its 10-year median of 0.90. The stock has 3 warning signs investors should review. Among 765 Oil & Gas companies, Wescan Energy ranks worse than 51.5% on this metric.

As of today (2026-08-04), Wescan Energy's current share price is C$0.10. Wescan Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was C$0.08. Wescan Energy's Cyclically Adjusted PB Ratio for today is 1.25.

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

TSXV:WCE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.9   Max: 47.5
Current: 1.25

During the past years, Wescan Energy's highest Cyclically Adjusted PB Ratio was 47.50. The lowest was 0.06. And the median was 0.90.

TSXV:WCE's Cyclically Adjusted PB Ratio is ranked worse than
51.5% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs TSXV:WCE: 1.25

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.

Wescan Energy's adjusted book value per share data for the three months ended in Mar. 2026 was C$0.020. 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$0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wescan Energy  (TSXV:WCE) 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.


Wescan Energy Cyclically Adjusted PB Ratio Related Terms


Wescan Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wescan 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.

Wescan Energy Cyclically Adjusted PB Ratio Chart

Wescan Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.08 1.44 1.03 0.66 1.25

Wescan Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.66 0.64 1.00 0.67 1.25

TSXV:WCE vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

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


Wescan Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Wescan 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.10/0.08
=1.25

* 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.

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

For example, Wescan Energy's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.02/132.2623*132.2623
=0.020

Current CPI (Mar. 2026) = 132.2623.

Wescan Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.105 102.002 0.136
201609 0.099 101.765 0.129
201612 0.095 101.449 0.124
201703 0.185 102.634 0.238
201706 0.179 103.029 0.230
201709 0.160 103.345 0.205
201712 0.153 103.345 0.196
201803 0.117 105.004 0.147
201806 0.127 105.557 0.159
201809 0.127 105.636 0.159
201812 0.118 105.399 0.148
201903 0.111 106.979 0.137
201906 0.107 107.690 0.131
201909 0.102 107.611 0.125
201912 0.097 107.769 0.119
202003 0.017 107.927 0.021
202006 0.012 108.401 0.015
202009 0.008 108.164 0.010
202012 -0.003 108.559 -0.004
202103 0.033 110.298 0.040
202106 0.033 111.720 0.039
202109 0.032 112.905 0.037
202112 0.029 113.774 0.034
202203 0.034 117.646 0.038
202206 0.050 120.806 0.055
202209 0.053 120.648 0.058
202212 0.043 120.964 0.047
202303 0.035 122.702 0.038
202306 0.039 124.203 0.042
202309 0.039 125.230 0.041
202312 0.043 125.072 0.045
202403 0.040 126.258 0.042
202406 0.037 127.522 0.038
202409 0.036 127.285 0.037
202412 0.031 127.364 0.032
202503 0.029 129.181 0.030
202506 0.026 129.892 0.026
202509 0.022 130.287 0.022
202512 0.022 130.366 0.022
202603 0.020 132.262 0.020

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.

What does a Cyclically Adjusted PB Ratio of 1.25 mean?
Wescan Energy (TSXV:WCE) has a Cyclically Adjusted PB Ratio of 1.25 as of Aug. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Wescan Energy and its competitors. This is 39% above median its historical median of 0.90. Over the past decade, Wescan Energy's Cyclically Adjusted PB Ratio has ranged from 0.06 to 47.50. According to the industry distribution chart, Wescan Energy ranks #394 out of 765 companies in the Oil & Gas industry, placing it in the top 51.5%.
Is Wescan Energy's Cyclically Adjusted PB Ratio too high?
Wescan Energy's current Cyclically Adjusted PB Ratio of 1.25 is 39% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 47.50. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Wescan Energy's value of 1.25 is 3.3% above this industry median. Based on the distribution chart, Wescan Energy ranks #394 out of 765 companies in the Oil & Gas industry, which is below the industry midpoint.
How does Wescan Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Wescan Energy ranks #394 out of 765 companies for Cyclically Adjusted PB Ratio. This places Wescan Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Wescan Energy's value of 1.25 is 3.3% above this benchmark. Historically, Wescan Energy's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 47.50 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.21, Wescan Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 765 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Wescan Energy's current Cyclically Adjusted PB Ratio of 1.25 is 3.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Wescan Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wescan Energy's current Cyclically Adjusted PB Ratio is 1.25, which is 39% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wescan Energy stock overvalued right now?
Based on GuruFocus' analysis, Wescan Energy (TSXV:WCE) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.08, compared to a current price of C$0.10 — trading 25% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is 39% above median its 10-year median of 0.90 and 3.3% above the Oil & Gas industry median of 1.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Wescan Energy (TSXV:WCE), the current Cyclically Adjusted PB Ratio is 1.25 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wescan Energy Business Description

Industry EnergyOil & Gas
Address 520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.