GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheetah Oil & Gas Ltd (OTCPK:COHG) » Definitions » Cyclically Adjusted PB Ratio

Cheetah Oil & Gas (Cheetah Oil & Gas) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Cheetah Oil & Gas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheetah Oil & Gas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cheetah Oil & Gas'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.

Cheetah Oil & Gas Cyclically Adjusted PB Ratio Chart

Cheetah Oil & Gas Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cheetah Oil & Gas Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 - - - - -

Competitive Comparison of Cheetah Oil & Gas's Cyclically Adjusted PB Ratio

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


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

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

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



Cheetah Oil & Gas 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.

Cheetah Oil & Gas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2011 is calculated as:

For example, Cheetah Oil & Gas's adjusted Book Value per Share data for the three months ended in Jun. 2011 was:

Adj_Book=Book Value per Share/CPI of Jun. 2011 (Change)*Current CPI (Jun. 2011)
=-0.002/94.6537*94.6537
=-0.002

Current CPI (Jun. 2011) = 94.6537.

Cheetah Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
200109 -83.249 77.904 -101.148
200112 -93.401 76.956 -114.881
200203 -103.046 78.141 -124.822
200206 -113.198 78.931 -135.747
200209 -190.863 79.721 -226.614
200212 -205.076 79.879 -243.008
200303 -217.259 81.459 -252.451
200306 -226.396 80.985 -264.607
200309 -237.056 81.459 -275.454
200312 -74.112 81.538 -86.033
200403 -0.059 82.091 -0.068
200406 0.731 83.039 0.833
200409 0.692 82.960 0.790
200412 1.056 83.276 1.200
200503 1.080 83.987 1.217
200506 2.483 84.461 2.783
200509 2.444 85.647 2.701
200512 2.850 85.015 3.173
200603 2.835 85.805 3.127
200606 2.737 86.516 2.994
200609 2.784 86.279 3.054
200612 2.298 86.437 2.516
200703 1.790 87.780 1.930
200706 0.308 88.412 0.330
200709 -0.106 88.412 -0.113
200712 0.359 88.491 0.384
200803 0.323 88.965 0.344
200806 0.279 91.177 0.290
200809 0.282 91.414 0.292
200812 -0.034 89.518 -0.036
200903 -0.049 90.071 -0.051
200906 -0.063 90.940 -0.066
200909 -0.008 90.624 -0.008
200912 0.002 90.703 0.002
201003 -0.005 91.335 -0.005
201006 -0.011 91.809 -0.011
201009 -0.012 92.362 -0.012
201012 -0.015 92.836 -0.015
201103 0.000 94.338 0.000
201106 -0.002 94.654 -0.002

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.


Cheetah Oil & Gas  (OTCPK:COHG) 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.


Cheetah Oil & Gas Cyclically Adjusted PB Ratio Related Terms

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


Cheetah Oil & Gas (Cheetah Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
498 Ellis Street, Second Floor, Penticton, BC, CAN, V2A 4MS
Cheetah Oil & Gas Ltd is an exploration stage oil and gas company which engages in the exploration for petroleum and natural gas.
Executives
Robert Mcallister other: formerCEO #203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Donald James Findlay director #30 NEW STREET SE, CALGARY A0 T2G 3X9

Cheetah Oil & Gas (Cheetah Oil & Gas) Headlines

No Headlines