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Perpetual Energy (FRA:AGG) Cyclically Adjusted PB Ratio : 0.11 (As of Jun. 06, 2024)


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What is Perpetual Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Perpetual Energy's current share price is €0.284. Perpetual Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.53. Perpetual Energy's Cyclically Adjusted PB Ratio for today is 0.11.

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

FRA:AGG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.89
Current: 0.12

During the past years, Perpetual Energy's highest Cyclically Adjusted PB Ratio was 0.89. The lowest was 0.01. And the median was 0.06.

FRA:AGG's Cyclically Adjusted PB Ratio is ranked better than
91.87% of 824 companies
in the Oil & Gas industry
Industry Median: 1.025 vs FRA:AGG: 0.12

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.

Perpetual Energy's adjusted book value per share data for the three months ended in Mar. 2024 was €0.981. 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 €2.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perpetual Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Perpetual 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.

Perpetual Energy Cyclically Adjusted PB Ratio Chart

Perpetual 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 0.01 0.01 0.13 0.15 0.11

Perpetual 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 0.14 0.13 0.15 0.11 0.13

Competitive Comparison of Perpetual Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Perpetual 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.284/2.53
=0.11

* 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.

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

For example, Perpetual 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)
=0.981/126.2576*126.2576
=0.981

Current CPI (Mar. 2024) = 126.2576.

Perpetual Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.867 99.473 9.985
201409 11.598 99.394 14.733
201412 9.961 98.367 12.785
201503 7.198 99.789 9.107
201506 0.000 100.500 0.000
201509 9.947 100.421 12.506
201512 1.653 99.947 2.088
201603 1.326 101.054 1.657
201606 2.226 102.002 2.755
201609 2.070 101.765 2.568
201612 2.419 101.449 3.011
201703 2.119 102.634 2.607
201706 1.963 103.029 2.406
201709 1.910 103.345 2.333
201712 1.786 103.345 2.182
201803 1.617 105.004 1.944
201806 1.657 105.557 1.982
201809 1.538 105.636 1.838
201812 1.535 105.399 1.839
201903 1.508 106.979 1.780
201906 1.111 107.690 1.303
201909 0.912 107.611 1.070
201912 0.542 107.769 0.635
202003 -0.119 107.927 -0.139
202006 -0.218 108.401 -0.254
202009 -0.289 108.164 -0.337
202012 -0.137 108.559 -0.159
202103 -0.165 110.298 -0.189
202106 0.127 111.720 0.144
202109 0.632 112.905 0.707
202112 0.718 113.774 0.797
202203 0.831 117.646 0.892
202206 0.918 120.806 0.959
202209 1.036 120.648 1.084
202212 1.215 120.964 1.268
202303 1.197 122.702 1.232
202306 1.148 124.203 1.167
202309 1.195 125.230 1.205
202312 1.229 125.072 1.241
202403 0.981 126.258 0.981

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.


Perpetual Energy  (FRA:AGG) 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.


Perpetual Energy Cyclically Adjusted PB Ratio Related Terms

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


Perpetual Energy (FRA:AGG) Business Description

Industry
Traded in Other Exchanges
Address
605 - 5th Avenue South west, Suite 3200, Calgary, AB, CAN, T2P 3H5
Perpetual Energy Inc is an oil and natural gas exploration, production, and marketing company, It owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, heavy crude oil and shallow conventional natural gas in Eastern Alberta, and undeveloped bitumen leases in Northern Alberta. The company derives key revenue from the sale of oil and natural gas.

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