TXLZF (Tesla Exploration) Cyclically Adjusted PB Ratio: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Tesla Exploration Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesla Exploration  (OTCPK:TXLZF) 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.


Tesla Exploration Cyclically Adjusted PB Ratio Related Terms


Tesla Exploration Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tesla Exploration'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.

Tesla Exploration Cyclically Adjusted PB Ratio Chart

Tesla Exploration Annual Data
Trend Apr06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tesla Exploration Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.00 0.00 0.00 0.00 0.00

TXLZF vs SES, DPDW, BAS: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Tesla Exploration'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.


Tesla Exploration Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Tesla Exploration 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.

Tesla Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Tesla Exploration's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book=Book Value per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=-0.475/101.0535*101.0535
=-0.475

Current CPI (Mar. 2016) = 101.0535.

Tesla Exploration Quarterly Data

Book Value per Share CPI Adj_Book
200604 0.716 86.279 0.839
200607 0.741 86.595 0.865
200610 0.770 86.121 0.904
200703 0.865 87.780 0.996
200706 0.904 88.412 1.033
200709 0.902 88.412 1.031
200712 0.991 88.491 1.132
200803 1.111 88.965 1.262
200806 1.065 91.177 1.180
200809 0.971 91.414 1.073
200812 0.731 89.518 0.825
200903 0.751 90.071 0.843
200906 0.845 90.940 0.939
200909 4.352 90.624 4.853
200912 4.993 90.703 5.563
201003 4.371 91.335 4.836
201006 2.700 91.809 2.972
201009 2.505 92.362 2.741
201012 2.374 92.836 2.584
201103 2.671 94.338 2.861
201106 2.436 94.654 2.601
201109 2.483 95.286 2.633
201112 2.446 94.970 2.603
201203 3.234 96.155 3.399
201206 2.867 96.076 3.016
201209 2.794 96.392 2.929
201212 2.770 95.760 2.923
201303 3.091 97.103 3.217
201306 2.972 97.182 3.090
201309 2.778 97.419 2.882
201312 2.695 96.945 2.809
201403 2.788 98.604 2.857
201406 2.530 99.473 2.570
201409 2.360 99.394 2.399
201412 2.205 98.367 2.265
201503 1.619 99.789 1.640
201506 1.308 100.500 1.315
201509 0.857 100.421 0.862
201512 0.371 99.947 0.375
201603 -0.475 101.054 -0.475

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.


Tesla Exploration Business Description

Industry EnergyOil & Gas
Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7
Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.