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Blackbird Energy (FRA:4BB) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Blackbird Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackbird Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Blackbird 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.

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Blackbird Energy Cyclically Adjusted PB Ratio Chart

Blackbird Energy Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18
Cyclically Adjusted PB Ratio
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Blackbird Energy Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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Competitive Comparison of Blackbird Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Blackbird 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.

Blackbird Energy's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2018 is calculated as:

For example, Blackbird Energy's adjusted Book Value per Share data for the three months ended in Oct. 2018 was:

Adj_Book=Book Value per Share/CPI of Oct. 2018 (Change)*Current CPI (Oct. 2018)
=0.155/105.9521*105.9521
=0.155

Current CPI (Oct. 2018) = 105.9521.

Blackbird Energy Quarterly Data

Book Value per Share CPI Adj_Book
200901 0.012 89.281 0.014
200904 0.011 89.992 0.013
200907 0.043 90.624 0.050
200910 0.074 90.545 0.087
201001 0.078 90.940 0.091
201004 0.084 91.651 0.097
201007 0.083 92.283 0.095
201010 0.079 92.757 0.090
201101 0.083 93.074 0.094
201104 0.077 94.654 0.086
201107 0.087 94.812 0.097
201110 0.085 95.444 0.094
201201 0.099 95.365 0.110
201204 0.097 96.550 0.106
201207 0.064 95.997 0.071
201210 0.061 96.550 0.067
201301 0.060 95.839 0.066
201304 0.057 96.945 0.062
201307 0.039 97.261 0.042
201310 0.038 97.182 0.041
201401 0.036 97.261 0.039
201404 0.041 98.920 0.044
201407 0.040 99.315 0.043
201410 0.147 99.473 0.157
201501 0.108 98.209 0.117
201504 0.112 99.710 0.119
201507 0.097 100.579 0.102
201510 0.088 100.500 0.093
201601 0.095 100.184 0.100
201604 0.099 101.370 0.103
201607 0.097 101.844 0.101
201610 0.102 102.002 0.106
201701 0.106 102.318 0.110
201704 0.160 103.029 0.165
201707 0.155 103.029 0.159
201710 0.152 103.424 0.156
201801 0.148 104.056 0.151
201804 0.144 105.320 0.145
201807 0.150 106.110 0.150
201810 0.155 105.952 0.155

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.


Blackbird Energy  (FRA:4BB) 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.


Blackbird Energy Cyclically Adjusted PB Ratio Related Terms

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Blackbird Energy (FRA:4BB) Business Description

Industry
Traded in Other Exchanges
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Address
Blackbird Energy Inc is an oil and gas exploration and development company. It focuses on the condensate and liquids-rich Montney fairway at Pipestone / Elmworth, near Grande Prairie, Alberta. The company operates in the upstream oil and natural gas industry with operations in Canada. All revenues are derived from operations within Canada.

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