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Unit (UNTC) Cyclically Adjusted PB Ratio : 0.91 (As of May. 30, 2025)


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What is Unit Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Unit's current share price is $25.40. Unit's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $27.99. Unit's Cyclically Adjusted PB Ratio for today is 0.91.

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

UNTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.24   Max: 2.05
Current: 0.93

During the past years, Unit's highest Cyclically Adjusted PB Ratio was 2.05. The lowest was 0.21. And the median was 1.24.

UNTC's Cyclically Adjusted PB Ratio is ranked worse than
51.41% of 778 companies
in the Oil & Gas industry
Industry Median: 0.9 vs UNTC: 0.93

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.

Unit's adjusted book value per share data for the three months ended in Mar. 2025 was $24.056. 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 $27.99 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Unit Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Unit'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.

Unit Cyclically Adjusted PB Ratio Chart

Unit 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 - 1.00 1.82 1.39 1.06

Unit Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.20 1.21 1.07 1.06 1.00

Competitive Comparison of Unit's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Unit'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.


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

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

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


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Unit 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.

Unit's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.40/27.99
=0.91

* 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.

Unit's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Unit's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.056/134.9266*134.9266
=24.056

Current CPI (Mar. 2025) = 134.9266.

Unit Quarterly Data

Book Value per Share CPI Adj_Book
201506 36.166 100.684 48.466
201509 32.093 100.392 43.133
201512 26.056 99.792 35.230
201603 24.903 100.470 33.443
201606 23.517 101.688 31.204
201609 23.100 101.861 30.599
201612 23.189 101.863 30.716
201703 23.320 102.862 30.589
201706 23.530 103.349 30.719
201709 23.674 104.136 30.674
201712 25.446 104.011 33.009
201803 25.114 105.290 32.183
201806 26.701 106.317 33.886
201809 27.148 106.507 34.392
201812 25.730 105.998 32.752
201903 25.113 107.251 31.593
201906 25.026 108.070 31.245
201909 21.407 108.329 26.663
201912 15.401 108.420 19.166
202003 1.569 108.902 1.944
202006 -2.347 108.767 -2.911
202009 3.456 109.815 4.246
202012 14.935 109.897 18.337
202103 14.780 111.754 17.845
202106 13.646 114.631 16.062
202109 13.626 115.734 15.886
202112 18.646 117.630 21.388
202203 14.084 121.301 15.666
202206 26.484 125.017 28.583
202209 31.558 125.227 34.002
202212 37.664 125.222 40.583
202303 41.594 127.348 44.069
202306 42.038 128.729 44.062
202309 42.546 129.860 44.206
202312 26.038 129.419 27.146
202403 26.474 131.776 27.107
202406 26.365 132.554 26.837
202409 26.080 133.029 26.452
202412 23.853 133.157 24.170
202503 24.056 134.927 24.056

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.


Unit  (OTCPK:UNTC) 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.


Unit Cyclically Adjusted PB Ratio Related Terms

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


Unit Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTC) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
N/A
Address
8200 South Unit Drive, Tulsa, OK, USA, 74132
Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are two segments which include Oil and Natural gas and Contract Drilling. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment contracts to drill onshore oil and natural gas wells for a wide range of other oil and natural gas companies. Majority of the revenue is generated from the Contract Drilling segment.
Executives
Micheal L Hicks officer: President, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Peyton G Bailey Iv director 8200 S. UNIT DRIVE, TULSA OK 74132
George L Austin officer: Sr. VP and CFO C/O CYPRESS ENERGY PARTNERS, L.P., 5727 S LEWIS AVENUE, SUITE 500, TULSA OK 74105
David P Dunham officer: Sr VP Business Development 8200 S. UNIT DRIVE, TULSA OK 74132
Frank Q Young officer: Executive Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
Carla S Mashinski director 8200 S. UNIT DRIVE, TULSA OK 74132
Larry C Payne director 8200 S. UNIT DRIVE, TULSA OK 74132
Don A Hayes officer: Controller 8200 S. UNIT DRIVE, TULSA OK 74132
Steven B Hildebrand director 8200 S. UNIT DRIVE, TULSA OK 74132
Brad Guidry officer: Senior Vice President, UPC 8200 S. UNIT DRIVE, TULSA OK 74132
John Cromling officer: Executive Vice President, UDC 8200 S. UNIT DRIVE, TULSA OK 74132
Robert Parks officer: Manager, Superior Pipeline 8200 S. UNIT DRIVE, TULSA OK 74132
Sullivan Robert J Jr director 8200 S. UNIT DRIVE, TULSA OK 74132
Gary R Christopher director 8200 S. UNIT DRIVE, TULSA OK 74132
George Kaiser Family Foundation 10 percent owner 7030 SOUTH YALE AVENUE, SUITE 600, TULSA OK 74136

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