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Frontera Energy (TSX:FEC) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Frontera Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontera Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Frontera 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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Frontera Energy Cyclically Adjusted PB Ratio Chart

Frontera Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Frontera Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Frontera Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Frontera 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.

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

For example, Frontera 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)
=28.918/126.2576*126.2576
=28.918

Current CPI (Mar. 2024) = 126.2576.

Frontera Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 746,029.777 99.473 946,906.649
201409 742,388.431 99.394 943,033.771
201412 454,581.310 98.367 583,470.949
201503 341,830.032 99.789 432,497.667
201506 278,553.674 100.500 349,944.063
201509 174,316.294 100.421 219,164.012
201512 -674,630.794 99.947 -852,221.770
201603 -836,965.397 101.054 -1,045,715.807
201606 -838,837.619 102.002 -1,038,313.365
201609 -968,144.127 101.765 -1,201,159.872
201612 19.951 101.449 24.830
201703 20.307 102.634 24.981
201706 19.257 103.029 23.599
201709 16.245 103.345 19.847
201712 16.416 103.345 20.056
201803 16.901 105.004 20.322
201806 15.257 105.557 18.249
201809 15.568 105.636 18.607
201812 13.956 105.399 16.718
201903 14.395 106.979 16.989
201906 17.180 107.690 20.142
201909 15.504 107.611 18.190
201912 16.527 107.769 19.362
202003 11.076 107.927 12.957
202006 9.992 108.401 11.638
202009 8.788 108.164 10.258
202012 9.250 108.559 10.758
202103 8.919 110.298 10.210
202106 8.138 111.720 9.197
202109 8.946 112.905 10.004
202112 18.937 113.774 21.015
202203 20.311 117.646 21.798
202206 20.634 120.806 21.565
202209 21.589 120.648 22.593
202212 25.067 120.964 26.164
202303 25.355 122.702 26.090
202306 26.102 124.203 26.534
202309 27.113 125.230 27.335
202312 28.732 125.072 29.004
202403 28.918 126.258 28.918

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.


Frontera Energy  (TSX:FEC) 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.


Frontera Energy Cyclically Adjusted PB Ratio Related Terms

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


Frontera Energy (TSX:FEC) Business Description

Industry
Traded in Other Exchanges
Address
1610, 222 - 3 Avenue SW, Calgary, AB, CAN, T2P 0B4
Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in four reportable segments such as Colombia, Ecuador, Guyana and Midstream Colombia. The majority of its revenue is generated from the Colombia segment.
Executives
Gramercy Funds Management Llc 10% Security Holder

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