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Kaymus Resources (TSXV:KYS.H) Cyclically Adjusted PB Ratio : 4.50 (As of Jun. 10, 2024)


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What is Kaymus Resources Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Kaymus Resources's current share price is C$0.09. Kaymus Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.02. Kaymus Resources's Cyclically Adjusted PB Ratio for today is 4.50.

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

TSXV:KYS.H' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 6.38   Max: 19.5
Current: 4

During the past years, Kaymus Resources's highest Cyclically Adjusted PB Ratio was 19.50. The lowest was 2.25. And the median was 6.38.

TSXV:KYS.H's Cyclically Adjusted PB Ratio is ranked worse than
92.63% of 828 companies
in the Oil & Gas industry
Industry Median: 1.02 vs TSXV:KYS.H: 4.00

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.

Kaymus Resources's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.069. 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 C$0.02 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaymus Resources Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kaymus 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.

Kaymus Resources Cyclically Adjusted PB Ratio Chart

Kaymus Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.71 4.05 7.59 3.35

Kaymus Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.72 4.53 3.35 2.69 5.77

Competitive Comparison of Kaymus Resources's Cyclically Adjusted PB Ratio

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


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

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

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



Kaymus 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.

Kaymus Resources's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.09/0.02
=4.50

* 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.

Kaymus Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Kaymus Resources's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.069/125.0724*125.0724
=0.069

Current CPI (Jan. 2024) = 125.0724.

Kaymus Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.015 98.920 -0.019
201407 -0.022 99.315 -0.028
201410 -0.023 99.473 -0.029
201501 -0.028 98.209 -0.036
201504 -0.029 99.710 -0.036
201507 -0.033 100.579 -0.041
201510 -0.034 100.500 -0.042
201601 -0.035 100.184 -0.044
201604 -0.036 101.370 -0.044
201607 -0.043 101.844 -0.053
201610 0.015 102.002 0.018
201701 0.014 102.318 0.017
201704 0.014 103.029 0.017
201707 0.013 103.029 0.016
201710 0.023 103.424 0.028
201801 0.023 104.056 0.028
201804 0.023 105.320 0.027
201807 0.022 106.110 0.026
201810 0.021 105.952 0.025
201901 0.021 105.557 0.025
201904 0.021 107.453 0.024
201907 0.020 108.243 0.023
201910 0.020 107.927 0.023
202001 0.020 108.085 0.023
202004 0.019 107.216 0.022
202007 0.018 108.401 0.021
202010 0.021 108.638 0.024
202101 0.027 109.192 0.031
202104 0.034 110.851 0.038
202107 0.036 112.431 0.040
202110 0.052 113.695 0.057
202201 0.063 114.801 0.069
202204 0.077 118.357 0.081
202207 0.080 120.964 0.083
202210 0.087 121.517 0.090
202301 0.079 121.596 0.081
202304 0.077 123.571 0.078
202307 0.080 124.914 0.080
202310 0.088 125.310 0.088
202401 0.069 125.072 0.069

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.


Kaymus Resources  (TSXV:KYS.H) 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.


Kaymus Resources Cyclically Adjusted PB Ratio Related Terms

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


Kaymus Resources (TSXV:KYS.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
715 - 5th Avenue SW, Suite 1530, Calgary, AB, CAN, T2P 2X6
Kaymus Resources Inc is involved in the exploration, acquisition, and development of petroleum and natural gas projects in Alberta, Canada.

Kaymus Resources (TSXV:KYS.H) Headlines

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