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Vital Energy (FRA:8LP1) Cyclically Adjusted PB Ratio : 0.62 (As of May. 23, 2024)


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What is Vital Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Vital Energy's current share price is €46.20. Vital Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €74.03. Vital Energy's Cyclically Adjusted PB Ratio for today is 0.62.

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

FRA:8LP1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.53   Max: 1.13
Current: 0.61

During the past years, Vital Energy's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.07. And the median was 0.53.

FRA:8LP1's Cyclically Adjusted PB Ratio is ranked better than
64.51% of 820 companies
in the Oil & Gas industry
Industry Median: 1 vs FRA:8LP1: 0.61

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.

Vital Energy's adjusted book value per share data for the three months ended in Mar. 2024 was €70.235. 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 €74.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vital Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vital 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.

* Premium members only.

Vital Energy Cyclically Adjusted PB Ratio Chart

Vital Energy 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 0.54 0.19 0.60 0.54 0.53

Vital Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.49 0.49 0.62 0.53 0.63

Competitive Comparison of Vital Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Vital 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.

Vital Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.20/74.03
=0.62

* 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.

Vital Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Vital Energy'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)
=70.235/131.7762*131.7762
=70.235

Current CPI (Mar. 2024) = 131.7762.

Vital Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 129.477 100.560 169.671
201409 146.296 100.428 191.962
201412 176.462 99.070 234.719
201503 200.376 99.621 265.052
201506 160.693 100.684 210.317
201509 90.724 100.392 119.086
201512 11.288 99.792 14.906
201603 -3.847 100.470 -5.046
201606 0.718 101.688 0.930
201609 13.779 101.861 17.826
201612 14.152 101.863 18.308
201703 19.497 102.862 24.977
201706 23.809 103.349 30.358
201709 23.955 104.136 30.313
201712 53.349 104.011 67.590
201803 64.101 105.290 80.226
201806 69.819 106.317 86.538
201809 74.368 106.507 92.012
201812 88.242 105.998 109.702
201903 86.685 107.251 106.508
201906 100.196 108.070 122.176
201909 82.463 108.329 100.311
201912 63.861 108.420 77.618
202003 81.629 108.902 98.775
202006 27.967 108.767 33.883
202009 10.008 109.815 12.009
202012 -1.466 109.897 -1.758
202103 -4.465 111.754 -5.265
202106 -9.435 114.631 -10.846
202109 11.821 115.734 13.460
202112 26.630 117.630 29.833
202203 22.240 121.301 24.161
202206 37.343 125.017 39.362
202209 59.751 125.227 62.876
202212 62.554 125.222 65.828
202303 67.224 127.348 69.562
202306 79.601 128.729 81.485
202309 76.378 129.860 77.505
202312 72.121 129.419 73.434
202403 70.235 131.776 70.235

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.


Vital Energy  (FRA:8LP1) 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.


Vital Energy Cyclically Adjusted PB Ratio Related Terms

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


Vital Energy (FRA:8LP1) Business Description

Industry
Traded in Other Exchanges
Address
521 East Second Street, Suite 1000, Tulsa, OK, USA, 74120
Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Vital Energy (FRA:8LP1) Headlines

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