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MCF Energy (FRA:DC6) Cyclically Adjusted Book per Share : €0.21 (As of Dec. 2023)


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What is MCF Energy Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

MCF Energy's adjusted book value per share for the three months ended in Dec. 2023 was €0.075. 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 €0.21 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MCF Energy's average Cyclically Adjusted Book Growth Rate was 19.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 45.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 25.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of MCF Energy was 48.10% per year. The lowest was 2.30% per year. And the median was 45.80% per year.

As of today (2024-05-15), MCF Energy's current stock price is €0.1348. MCF Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.21. MCF Energy's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MCF Energy was 8.44. The lowest was 0.29. And the median was 0.93.


MCF Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for MCF Energy's Cyclically Adjusted Book per Share 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.

MCF Energy Cyclically Adjusted Book per Share Chart

MCF Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.21

MCF Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 - - 0.20 0.24 0.21

Competitive Comparison of MCF Energy's Cyclically Adjusted Book per Share

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


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

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

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



MCF Energy Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, MCF Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.075/125.4675*125.4675
=0.075

Current CPI (Dec. 2023) = 125.4675.

MCF Energy Quarterly Data

Book Value per Share CPI Adj_Book
201312 0.539 96.945 0.698
201403 0.425 98.604 0.541
201406 0.332 99.473 0.419
201409 0.185 99.394 0.234
201412 0.141 98.367 0.180
201503 0.126 99.789 0.158
201506 0.101 100.500 0.126
201509 0.083 100.421 0.104
201512 0.075 99.947 0.094
201603 0.065 101.054 0.081
201606 0.064 102.002 0.079
201609 0.057 101.765 0.070
201612 1.845 101.449 2.282
201703 0.030 102.634 0.037
201706 0.390 103.029 0.475
201709 0.392 103.345 0.476
201712 0.391 103.345 0.475
201803 0.401 105.004 0.479
201806 0.439 105.557 0.522
201809 0.443 105.636 0.526
201812 -0.002 105.399 -0.002
201903 0.001 106.979 0.001
201906 0.000 107.690 0.000
201909 -0.001 107.611 -0.001
201912 0.005 107.769 0.006
202003 0.006 107.927 0.007
202006 0.005 108.401 0.006
202009 -0.001 108.164 -0.001
202012 -0.001 108.559 -0.001
202103 -0.001 110.298 -0.001
202106 -0.001 111.720 -0.001
202109 -0.001 112.905 -0.001
202112 -0.002 113.774 -0.002
202203 -0.002 117.646 -0.002
202206 -0.002 120.806 -0.002
202209 -0.003 120.648 -0.003
202212 0.047 120.964 0.049
202303 0.084 122.702 0.086
202309 0.080 125.230 0.080
202312 0.075 125.468 0.075

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


MCF Energy  (FRA:DC6) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

MCF Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1348/0.21
=0.64

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MCF Energy was 8.44. The lowest was 0.29. And the median was 0.93.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


MCF Energy Cyclically Adjusted Book per Share Related Terms

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


MCF Energy (FRA:DC6) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MCF Energy Ltd (FRA:DC6) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
MCF Energy Ltd is a junior resource company engaged in the identification, exploration, and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. It has two projects which are in Australia and Germany.

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