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United Energy (United Energy) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is United Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United 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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United Energy Cyclically Adjusted PB Ratio Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Cyclically Adjusted PB Ratio
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United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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Competitive Comparison of United Energy's Cyclically Adjusted PB Ratio

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


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

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

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



United 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.

United Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2010 is calculated as:

For example, United Energy's adjusted Book Value per Share data for the three months ended in Dec. 2010 was:

Adj_Book=Book Value per Share/CPI of Dec. 2010 (Change)*Current CPI (Dec. 2010)
=-0.01/92.4740*92.4740
=-0.010

Current CPI (Dec. 2010) = 92.4740.

United Energy Quarterly Data

Book Value per Share CPI Adj_Book
200103 0.025 74.341 0.031
200106 0.051 75.100 0.063
200109 0.030 75.227 0.037
200112 0.023 74.552 0.029
200203 0.006 75.438 0.007
200206 0.245 75.902 0.298
200209 0.211 76.366 0.256
200212 0.186 76.324 0.225
200303 0.133 77.716 0.158
200306 0.112 77.505 0.134
200309 0.075 78.138 0.089
200312 0.050 77.758 0.059
200403 0.037 79.066 0.043
200406 0.018 80.037 0.021
200409 -0.006 80.121 -0.007
200412 -0.019 80.290 -0.022
200503 0.006 81.555 0.007
200506 0.009 82.062 0.010
200509 0.005 83.876 0.006
200512 0.003 83.032 0.003
200603 0.191 84.298 0.210
200606 0.149 85.606 0.161
200609 0.135 85.606 0.146
200612 0.116 85.142 0.126
200703 0.102 86.640 0.109
200706 0.088 87.906 0.093
200709 0.071 87.964 0.075
200712 0.054 88.616 0.056
200803 0.043 90.090 0.044
200806 0.033 92.320 0.033
200809 0.024 92.307 0.024
200812 0.017 88.697 0.018
200903 0.014 89.744 0.014
200906 0.010 91.003 0.010
200909 0.010 91.120 0.010
200912 0.006 91.111 0.006
201003 0.000 91.821 0.000
201006 -0.001 91.962 -0.001
201009 -0.003 92.162 -0.003
201012 -0.010 92.474 -0.010

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.


United Energy  (OTCPK:UNRG) 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.


United Energy Cyclically Adjusted PB Ratio Related Terms

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


United Energy (United Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

United Energy (United Energy) Headlines

From GuruFocus

United Energy Announces Major Acquisition Update

By PRNewswire PRNewswire 10-05-2021

UNITED ENERGY ANNOUNCES SECURED FINANCING OF UP TO $5 MILLION

By PRNewswire PRNewswire 10-26-2022

UNITED ENERGY ANNOUNCES MAJOR CORPORATE ADVANCEMENTS

By PRNewswire PRNewswire 08-05-2022

United Energy Announces New Corporate Direction

By PRNewswire PRNewswire 08-02-2021

United Energy Announces Update To Major Acquisition

By PRNewswire PRNewswire 10-27-2021