GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Evolution Petroleum Corp (AMEX:EPM) » Definitions » Cyclically Adjusted PB Ratio

EPM (Evolution Petroleum) Cyclically Adjusted PB Ratio : 1.87 (As of Jul. 17, 2025)


View and export this data going back to 1996. Start your Free Trial

What is Evolution Petroleum Cyclically Adjusted PB Ratio?

As of today (2025-07-17), Evolution Petroleum's current share price is $4.8265. Evolution Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $2.58. Evolution Petroleum's Cyclically Adjusted PB Ratio for today is 1.87.

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

EPM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 3.02   Max: 6.53
Current: 1.85

During the past years, Evolution Petroleum's highest Cyclically Adjusted PB Ratio was 6.53. The lowest was 1.06. And the median was 3.02.

EPM's Cyclically Adjusted PB Ratio is ranked worse than
72.78% of 790 companies
in the Oil & Gas industry
Industry Median: 0.995 vs EPM: 1.85

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.

Evolution Petroleum's adjusted book value per share data for the three months ended in Mar. 2025 was $2.090. 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 $2.58 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution Petroleum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Evolution Petroleum'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.

Evolution Petroleum Cyclically Adjusted PB Ratio Chart

Evolution Petroleum Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 2.33 2.36 3.33 2.09

Evolution Petroleum 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 2.46 2.09 2.09 2.05 2.01

Competitive Comparison of Evolution Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Evolution Petroleum'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.


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

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

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


;
;

Evolution Petroleum 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.

Evolution Petroleum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.8265/2.58
=1.87

* 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.

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

For example, Evolution Petroleum'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)
=2.09/134.9266*134.9266
=2.090

Current CPI (Mar. 2025) = 134.9266.

Evolution Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.479 100.684 1.982
201509 1.594 100.392 2.142
201512 1.585 99.792 2.143
201603 1.529 100.470 2.053
201606 2.319 101.688 3.077
201609 2.066 101.861 2.737
201612 2.074 101.863 2.747
201703 2.086 102.862 2.736
201706 2.069 103.349 2.701
201709 2.072 104.136 2.685
201712 2.294 104.011 2.976
201803 2.297 105.290 2.944
201806 2.336 106.317 2.965
201809 2.410 106.507 3.053
201812 2.431 105.998 3.094
201903 2.410 107.251 3.032
201906 2.415 108.070 3.015
201909 2.381 108.329 2.966
201912 2.322 108.420 2.890
202003 2.334 108.902 2.892
202006 2.249 108.767 2.790
202009 2.017 109.815 2.478
202012 1.589 109.897 1.951
202103 1.604 111.754 1.937
202106 1.629 114.631 1.917
202109 1.709 115.734 1.992
202112 1.844 117.630 2.115
202203 1.921 121.301 2.137
202206 2.256 125.017 2.435
202209 2.456 125.227 2.646
202212 2.637 125.222 2.841
202303 2.874 127.348 3.045
202306 2.770 128.729 2.903
202309 2.689 129.860 2.794
202312 2.610 129.419 2.721
202403 2.502 131.776 2.562
202406 2.433 132.554 2.477
202409 2.369 133.029 2.403
202412 2.239 133.157 2.269
202503 2.090 134.927 2.090

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.


Evolution Petroleum  (AMEX:EPM) 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.


Evolution Petroleum Cyclically Adjusted PB Ratio Related Terms

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


Evolution Petroleum Business Description

Industry
Traded in Other Exchanges
Address
1155 Dairy Ashford Road, Suite 425, Houston, TX, USA, 77079
Evolution Petroleum Corp is an independent oil and gas company operating in the United States. It is engaged predominantly in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's revenues are generated from its crude oil, natural gas, and NGL production from the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field in Wyoming; and the Delhi Field in Northeast Louisiana.
Executives
John Mark Bunch officer: COO 1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Kelly Beatty officer: Principal Accounting Officer 1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Myra C Bierria director 1155 DAIRY ASHFORD, SUITE 425, HOUSTON TX 77079
Ryan Stash officer: SVP & CFO 1155 DAIRY ASHFORD ROAD, SUITE 425, HOUSTON TX 77079
Roderick A. Schultz officer: Chief Accounting Officer 4621 PINERIDGE STREET, HOUSTON TX 77009
Marjorie Anne Hargrave director 999 18TH STREET, SUITE 1925N, DENVER CO 80202
Jason E. Brown officer: President & CEO 1000 LOUISIANA, SUITE 6700, HOUSTON TX 77002
Marran H. Ogilvie director 599 LEXINGTON AVENUE, NEW YORK NY 10022
David Joe officer: VP, Chief Admin. Officer 2500 CITYWEST BLVD., SUITE 1300, HOUSTON TX 77042
Jvl Advisors, L.l.c. 10 percent owner 10,000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
Randall D Keys officer: President, CFO & Treasurer 3 HICKORY SHADOWS DR, HOUSTON TX 77055
Peninsula Capital Management Inc director 235 PINE STREET, SUITE 1600, SAN FRANCISCO CA 94104
Kelly William Loyd director 10000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
William Dozier director 3000 SAGE #1312, HOUSTON TX 77056
Gene G Stoever director 5415 GRAYSTONE LANE, HOUSTON TX 77069