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Tuscany Energy (Tuscany Energy) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Tuscany Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tuscany Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tuscany 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.

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Tuscany Energy Cyclically Adjusted PB Ratio Chart

Tuscany Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Tuscany Energy Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of Tuscany Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas Drilling subindustry, Tuscany 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.


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

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

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



Tuscany 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.

Tuscany Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Tuscany Energy's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book=Book Value per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=0.085/101.0535*101.0535
=0.085

Current CPI (Mar. 2016) = 101.0535.

Tuscany Energy Quarterly Data

Book Value per Share CPI Adj_Book
200606 0.853 86.516 0.996
200609 0.837 86.279 0.980
200612 0.664 86.437 0.776
200703 0.603 87.780 0.694
200706 0.650 88.412 0.743
200709 0.524 88.412 0.599
200712 0.563 88.491 0.643
200803 0.542 88.965 0.616
200806 0.547 91.177 0.606
200809 0.544 91.414 0.601
200812 0.485 89.518 0.547
200903 0.463 90.071 0.519
200906 0.510 90.940 0.567
200909 0.543 90.624 0.605
200912 0.436 90.703 0.486
201003 0.440 91.335 0.487
201006 0.429 91.809 0.472
201009 0.414 92.362 0.453
201012 0.417 92.836 0.454
201103 0.413 94.338 0.442
201106 0.669 94.654 0.714
201109 0.605 95.286 0.642
201112 0.613 94.970 0.652
201203 0.655 96.155 0.688
201206 0.615 96.076 0.647
201209 0.650 96.392 0.681
201212 0.650 95.760 0.686
201303 0.617 97.103 0.642
201306 0.599 97.182 0.623
201309 0.517 97.419 0.536
201312 0.435 96.945 0.453
201403 0.417 98.604 0.427
201406 0.439 99.473 0.446
201409 0.424 99.394 0.431
201412 0.295 98.367 0.303
201503 0.247 99.789 0.250
201506 0.249 100.500 0.250
201509 0.196 100.421 0.197
201512 0.157 99.947 0.159
201603 0.085 101.054 0.085

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.


Tuscany Energy  (OTCPK:TSCAF) 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.


Tuscany Energy Cyclically Adjusted PB Ratio Related Terms

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Tuscany Energy (Tuscany Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1800, 633 – 6th Avenue South West, Calgary, AB, CAN, T2P 2Y5
Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.

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