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Permianville Royalty Trust (Permianville Royalty Trust) Cyclically Adjusted PB Ratio : 0.29 (As of Apr. 28, 2024)


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What is Permianville Royalty Trust Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Permianville Royalty Trust's current share price is $1.63. Permianville Royalty Trust's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.66. Permianville Royalty Trust's Cyclically Adjusted PB Ratio for today is 0.29.

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

PVL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.3   Max: 0.62
Current: 0.29

During the past years, Permianville Royalty Trust's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.07. And the median was 0.30.

PVL's Cyclically Adjusted PB Ratio is ranked better than
80.96% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs PVL: 0.29

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.

Permianville Royalty Trust's adjusted book value per share data for the three months ended in Dec. 2023 was $1.564. 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 $5.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Permianville Royalty Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Permianville Royalty Trust'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.

Permianville Royalty Trust Cyclically Adjusted PB Ratio Chart

Permianville Royalty Trust 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 - 0.07 0.22 0.44 0.25

Permianville Royalty Trust 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 0.44 0.33 0.37 0.41 0.25

Competitive Comparison of Permianville Royalty Trust's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Permianville Royalty Trust'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.


Permianville Royalty Trust's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Permianville Royalty Trust's Cyclically Adjusted PB Ratio falls into.



Permianville Royalty Trust 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.

Permianville Royalty Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.63/5.66
=0.29

* 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.

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

For example, Permianville Royalty Trust'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)
=1.564/129.4194*129.4194
=1.564

Current CPI (Dec. 2023) = 129.4194.

Permianville Royalty Trust Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.973 99.695 22.034
201406 16.639 100.560 21.414
201409 16.319 100.428 21.030
201412 16.011 99.070 20.916
201503 15.677 99.621 20.366
201506 15.302 100.684 19.669
201509 3.769 100.392 4.859
201512 3.667 99.792 4.756
201603 3.572 100.470 4.601
201606 3.468 101.688 4.414
201609 3.369 101.861 4.280
201612 3.252 101.863 4.132
201703 3.138 102.862 3.948
201706 3.029 103.349 3.793
201709 2.927 104.136 3.638
201712 2.852 104.011 3.549
201803 2.769 105.290 3.404
201806 2.645 106.317 3.220
201809 2.590 106.507 3.147
201812 2.548 105.998 3.111
201903 2.502 107.251 3.019
201906 2.448 108.070 2.932
201909 2.403 108.329 2.871
201912 2.340 108.420 2.793
202003 2.295 108.902 2.727
202006 2.253 108.767 2.681
202009 2.212 109.815 2.607
202012 2.150 109.897 2.532
202103 2.094 111.754 2.425
202106 2.038 114.631 2.301
202109 2.015 115.734 2.253
202112 1.976 117.630 2.174
202203 1.940 121.301 2.070
202206 1.904 125.017 1.971
202209 1.866 125.227 1.928
202212 1.835 125.222 1.897
202303 1.801 127.348 1.830
202306 1.776 128.729 1.786
202309 1.730 129.860 1.724
202312 1.564 129.419 1.564

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.


Permianville Royalty Trust  (NYSE:PVL) 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.


Permianville Royalty Trust Cyclically Adjusted PB Ratio Related Terms

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


Permianville Royalty Trust (Permianville Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
Permianville Royalty Trust is a statutory trust which holds net profits interests in the profits from the sale of oil and natural gas production the sale of oil and natural gas production from primarily non-operated assets of both conventional properties in the States of Texas, Louisiana, and New Mexico as well as unconventional assets in the Permian and Haynesville basins.
Executives
Permianville Holdings Llc 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Trident Capital Vi, L.p. 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Permianville Intermediary Llc - Series 3 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Cross Ocean Partners Management Gp, Llc 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Cross Ocean Partners Management Lp 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Cross Ocean Usss Fund I (a) (cayman) Lp 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Cross Ocean Usss Gp Lp 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Cross Ocean Usss Gp Ltd 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Cross Ocean Usss Sif I Lp 10 percent owner DANESMEAD PARTNERS LIMITED, ARTEMIS HOUSE, 67 FORT STREET, GRAND CAYMAN E9 KY1-1106
Cross Ocean Usss Fund I (a) Del Feeder Lp 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Trident Vi, L.p. 10 percent owner STONE POINT CAPITAL LLC, 20 HORSENECK LANE, GREENWICH CT 06830
Graham C Goldsmith 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Permianville Intermediary Llc - Series 2 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Permianville Intermediary Llc - Series 1 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Gg Managers Llc 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830