GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Quicksilver Resources Inc (FRA:QSR) » Definitions » Cyclically Adjusted PB Ratio

Quicksilver Resources (FRA:QSR) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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

What is Quicksilver Resources Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quicksilver Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Quicksilver Resources'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.

Quicksilver Resources Cyclically Adjusted PB Ratio Chart

Quicksilver Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Quicksilver Resources Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 Quicksilver Resources's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Quicksilver Resources'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.


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

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

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



Quicksilver Resources 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.

Quicksilver Resources's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Quicksilver Resources's adjusted Book Value per Share data for the three months ended in Sep. 2015 was:

Adj_Book=Book Value per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=-8.069/100.3915*100.3915
=-8.069

Current CPI (Sep. 2015) = 100.3915.

Quicksilver Resources Quarterly Data

Book Value per Share CPI Adj_Book
200512 1.957 83.032 2.366
200603 2.202 84.298 2.622
200606 2.373 85.606 2.783
200609 2.618 85.606 3.070
200612 2.614 85.142 3.082
200703 2.522 86.640 2.922
200706 2.787 87.906 3.183
200709 2.884 87.964 3.291
200712 4.368 88.616 4.948
200803 3.909 90.090 4.356
200806 3.510 92.320 3.817
200809 6.361 92.307 6.918
200812 5.246 88.697 5.938
200903 3.108 89.744 3.477
200906 2.645 91.003 2.918
200909 2.337 91.120 2.575
200912 2.578 91.111 2.841
201003 3.194 91.821 3.492
201006 3.582 91.962 3.910
201009 3.751 92.162 4.086
201012 4.479 92.474 4.862
201103 4.088 94.283 4.353
201106 4.172 95.235 4.398
201109 4.788 95.727 5.021
201112 5.535 95.213 5.836
201203 5.559 96.783 5.766
201206 2.665 96.819 2.763
201209 -0.658 97.633 -0.677
201212 -4.987 96.871 -5.168
201303 -5.259 98.209 -5.376
201306 -4.159 98.518 -4.238
201309 -4.073 98.790 -4.139
201312 -4.144 98.326 -4.231
201403 -4.384 99.695 -4.415
201406 -4.607 100.560 -4.599
201409 -4.737 100.428 -4.735
201412 -5.133 99.070 -5.201
201503 -6.496 99.621 -6.546
201506 -7.134 100.684 -7.113
201509 -8.069 100.392 -8.069

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.


Quicksilver Resources  (FRA:QSR) 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.


Quicksilver Resources Cyclically Adjusted PB Ratio Related Terms

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


Quicksilver Resources (FRA:QSR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Quicksilver Resources Inc was organized as a Delaware corporation in 1997 and became a public company in 1999. It is an independent oil and gas company engaged in the acquisition, exploration, development and production of onshore oil and natural gas in North America and are based in Fort Worth, Texas. The Company focuses on unconventional reservoirs where hydrocarbons may be found in challenging geological conditions, such as fractured shales and coalbeds. Its producing oil and natural gas properties in the United States are principally located in Texas and in Canada in Alberta and British Columbia. Its three core development areas include: Barnett Shale; Horn River; and Horseshoe Canyon. Additionally, It has an oil exploration opportunity in the Delaware basin in western Texas. The Company competes for acquisitions of prospective oil and natural gas properties and oil and gas reserves. Its oil and natural gas operations are focused onshore in North America, in basins containing unconventional reservoirs with predictable, long-lived production. Its current production and development operations are concentrated in its three core areas: the Barnett Shale, Horn River and Horseshoe Canyon. The Company compete for acquisitions of prospective oil and natural gas properties and oil and natural gas reserves. It also compete for drilling rigs and equipment used to drill for and produce oil and natural gas. The Company is subject to a number of federal, state, provincial and local laws and regulations, whose purpose is to protect the health and safety of workers, both generally and within Its industry.