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InPlay Oil (TSX:IPO) Cyclically Adjusted Book per Share : C$7.77 (As of Mar. 2024)


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What is InPlay Oil 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.

InPlay Oil's adjusted book value per share for the three months ended in Mar. 2024 was C$3.250. 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 C$7.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, InPlay Oil's average Cyclically Adjusted Book Growth Rate was -79.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -63.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -53.90% 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 InPlay Oil was -20.50% per year. The lowest was -63.60% per year. And the median was -39.10% per year.

As of today (2024-06-04), InPlay Oil's current stock price is C$2.21. InPlay Oil's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$7.77. InPlay Oil's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of InPlay Oil was 0.33. The lowest was 0.01. And the median was 0.03.


InPlay Oil Cyclically Adjusted Book per Share Historical Data

The historical data trend for InPlay Oil'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.

InPlay Oil Cyclically Adjusted Book per Share Chart

InPlay Oil 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 474.57 267.75 154.76 60.13 12.91

InPlay Oil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.62 23.52 18.12 12.91 7.77

Competitive Comparison of InPlay Oil's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, InPlay Oil'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.


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

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

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



InPlay Oil 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, InPlay Oil's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.25/126.2576*126.2576
=3.250

Current CPI (Mar. 2024) = 126.2576.

InPlay Oil Quarterly Data

Book Value per Share CPI Adj_Book
201406 162.133 99.473 205.789
201409 145.610 99.394 184.964
201412 -161.147 98.367 -206.838
201503 -21.750 99.789 -27.519
201506 -44.491 100.500 -55.894
201509 -242.666 100.421 -305.099
201512 328.496 99.947 414.970
201603 10.194 101.054 12.737
201606 2.492 102.002 3.085
201609 2.375 101.765 2.947
201612 3.003 101.449 3.737
201703 3.028 102.634 3.725
201706 3.048 103.029 3.735
201709 3.027 103.345 3.698
201712 2.801 103.345 3.422
201803 2.826 105.004 3.398
201806 2.828 105.557 3.383
201809 2.808 105.636 3.356
201812 2.690 105.399 3.222
201903 2.709 106.979 3.197
201906 2.600 107.690 3.048
201909 2.584 107.611 3.032
201912 2.309 107.769 2.705
202003 0.840 107.927 0.983
202006 0.752 108.401 0.876
202009 0.715 108.164 0.835
202012 0.670 108.559 0.779
202103 0.561 110.298 0.642
202106 1.429 111.720 1.615
202109 1.551 112.905 1.734
202112 2.196 113.774 2.437
202203 2.412 117.646 2.589
202206 2.738 120.806 2.862
202209 2.920 120.648 3.056
202212 3.140 120.964 3.277
202303 3.155 122.702 3.246
202306 3.168 124.203 3.220
202309 3.163 125.230 3.189
202312 3.259 125.072 3.290
202403 3.250 126.258 3.250

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


InPlay Oil  (TSX:IPO) 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.

InPlay Oil's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.21/7.77
=0.28

* 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 InPlay Oil was 0.33. The lowest was 0.01. And the median was 0.03.


Be Aware

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


InPlay Oil Cyclically Adjusted Book per Share Related Terms

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


InPlay Oil (TSX:IPO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » InPlay Oil Corp (TSX:IPO) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
2000, 350 - 7th Avenue S.W., Calgary, AB, CAN, T2P 3N9
InPlay Oil Corp is an oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.
Executives
Douglas Bartole Director, Senior Officer
Darren W. Dittmer Senior Officer
Brent Michael Howard Senior Officer
Kevin Yakiwchuk Senior Officer