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Amplify Energy (Amplify Energy) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Amplify Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Amplify Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amplify 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.

* Premium members only.

Amplify Energy Cyclically Adjusted PB Ratio Chart

Amplify Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.09 0.26 1.95 -

Amplify Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.95 3.86 - - -

Competitive Comparison of Amplify Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Amplify 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.

Amplify Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amplify 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)
=9.989/129.4194*129.4194
=9.989

Current CPI (Dec. 2023) = 129.4194.

Amplify Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 36.645 99.695 47.571
201406 36.557 100.560 47.049
201409 47.638 100.428 61.390
201412 66.592 99.070 86.992
201503 38.144 99.621 49.553
201506 -45.053 100.684 -57.911
201509 -74.923 100.392 -96.587
201512 -122.040 99.792 -158.272
201603 -139.649 100.470 -179.887
201606 -138.833 101.688 -176.694
201609 -142.398 101.861 -180.924
201612 22.477 101.863 28.558
201703 23.368 102.862 29.401
201706 23.885 103.349 29.910
201709 24.161 104.136 30.027
201712 19.290 104.011 24.002
201803 19.478 105.290 23.942
201806 19.479 106.317 23.712
201809 19.993 106.507 24.294
201812 21.371 105.998 26.093
201903 23.197 107.251 27.992
201906 21.433 108.070 25.667
201909 12.008 108.329 14.346
201912 11.558 108.420 13.797
202003 1.653 108.902 1.964
202006 0.565 108.767 0.672
202009 0.107 109.815 0.126
202012 -0.896 109.897 -1.055
202103 -1.403 111.754 -1.625
202106 -2.300 114.631 -2.597
202109 -2.636 115.734 -2.948
202112 -1.705 117.630 -1.876
202203 -2.954 121.301 -3.152
202206 -2.176 125.017 -2.253
202209 -0.919 125.227 -0.950
202212 -0.119 125.222 -0.123
202303 8.904 127.348 9.049
202306 9.190 128.729 9.239
202309 8.858 129.860 8.828
202312 9.989 129.419 9.989

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.


Amplify Energy  (NYSE:AMPY) 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.


Amplify Energy Cyclically Adjusted PB Ratio Related Terms

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


Amplify Energy (Amplify Energy) Business Description

Industry
Traded in Other Exchanges
Address
500 Dallas Street, Suite 1700, Houston, TX, USA, 77002
Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.
Executives
Eric Edward Dulany officer: See Remarks C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew officer: SVP, CHIEF FINANCIAL OFFICER 500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee officer: SVP, CHIEF OPERATING OFFICER 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad director C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams director FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder director 1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher officer: SVP, CFO 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm director 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley officer: Senior V.P. Operations 500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez officer: See Remarks 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002