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Peyto Exploration & Development (Peyto Exploration & Development) Cyclically Adjusted Book per Share : $9.13 (As of Dec. 2023)


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What is Peyto Exploration & Development 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.

Peyto Exploration & Development's adjusted book value per share for the three months ended in Dec. 2023 was $10.449. 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 $9.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Peyto Exploration & Development's average Cyclically Adjusted Book Growth Rate was 6.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Peyto Exploration & Development was 22.90% per year. The lowest was 5.80% per year. And the median was 9.20% per year.

As of today (2024-04-28), Peyto Exploration & Development's current stock price is $11.29. Peyto Exploration & Development's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.13. Peyto Exploration & Development's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Peyto Exploration & Development was 7.14. The lowest was 0.12. And the median was 1.25.


Peyto Exploration & Development Cyclically Adjusted Book per Share Historical Data

The historical data trend for Peyto Exploration & Development'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.

Peyto Exploration & Development Cyclically Adjusted Book per Share Chart

Peyto Exploration & Development 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 7.35 7.77 8.38 8.38 9.13

Peyto Exploration & Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 8.38 8.64 8.92 8.80 9.13

Competitive Comparison of Peyto Exploration & Development's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Peyto Exploration & Development'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.


Peyto Exploration & Development's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Peyto Exploration & Development 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, Peyto Exploration & Development'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)
=10.449/125.4675*125.4675
=10.449

Current CPI (Dec. 2023) = 125.4675.

Peyto Exploration & Development Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.877 98.604 10.023
201406 8.368 99.473 10.555
201409 8.478 99.394 10.702
201412 8.756 98.367 11.168
201503 7.872 99.789 9.898
201506 8.347 100.500 10.421
201509 7.682 100.421 9.598
201512 7.448 99.947 9.350
201603 7.859 101.054 9.758
201606 7.806 102.002 9.602
201609 7.594 101.765 9.363
201612 7.017 101.449 8.678
201703 7.396 102.634 9.041
201706 7.514 103.029 9.150
201709 8.243 103.345 10.008
201712 8.184 103.345 9.936
201803 8.090 105.004 9.667
201806 7.722 105.557 9.179
201809 7.664 105.636 9.103
201812 7.586 105.399 9.030
201903 7.503 106.979 8.800
201906 7.960 107.690 9.274
201909 7.884 107.611 9.192
201912 7.894 107.769 9.190
202003 7.128 107.927 8.286
202006 7.233 108.401 8.372
202009 7.213 108.164 8.367
202012 7.940 108.559 9.177
202103 8.193 110.298 9.320
202106 8.067 111.720 9.060
202109 7.436 112.905 8.263
202112 8.205 113.774 9.048
202203 7.624 117.646 8.131
202206 8.020 120.806 8.329
202209 7.848 120.648 8.162
202212 8.749 120.964 9.075
202303 9.638 122.702 9.855
202306 9.929 124.203 10.030
202309 9.618 125.230 9.636
202312 10.449 125.468 10.449

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


Peyto Exploration & Development  (OTCPK:PEYUF) 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.

Peyto Exploration & Development's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.29/9.13
=1.24

* 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 Peyto Exploration & Development was 7.14. The lowest was 0.12. And the median was 1.25.


Be Aware

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


Peyto Exploration & Development Cyclically Adjusted Book per Share Related Terms

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


Peyto Exploration & Development (Peyto Exploration & Development) Business Description

Traded in Other Exchanges
Address
600 - 3rd Avenue SW, Suite 300, Calgary, AB, CAN, T2P 0G5
Peyto Exploration & Development Corp is a Canadian energy company involved in the development and production of oil and natural gas. It conducts exploration, development and production activities in Canada. Substantial revenue is generated from Natural gas and natural gas liquid sales.

Peyto Exploration & Development (Peyto Exploration & Development) Headlines