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WPX Energy (WPX Energy) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is WPX Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


WPX Energy Cyclically Adjusted PB Ratio Historical Data

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

WPX Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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WPX Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of WPX Energy's Cyclically Adjusted PB Ratio

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


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

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

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



WPX 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.

WPX Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, WPX Energy's adjusted Book Value per Share data for the three months ended in Sep. 2020 was:

Adj_Book=Book Value per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=8.086/109.8149*109.8149
=8.086

Current CPI (Sep. 2020) = 109.8149.

WPX Energy Quarterly Data

Book Value per Share CPI Adj_Book
201012 22.466 92.474 26.679
201103 22.151 94.283 25.800
201106 34.465 95.235 39.742
201109 35.173 95.727 40.349
201112 28.822 95.213 33.242
201203 28.309 96.783 32.121
201206 27.854 96.819 31.593
201209 27.147 97.633 30.534
201212 26.433 96.871 29.965
201303 25.716 98.209 28.755
201306 25.818 98.518 28.779
201309 25.282 98.790 28.103
201312 20.443 98.326 22.832
201403 20.430 99.695 22.504
201406 19.793 100.560 21.615
201409 20.128 100.428 22.009
201412 21.203 99.070 23.503
201503 21.431 99.621 23.624
201506 21.282 100.684 23.212
201509 17.192 100.392 18.806
201512 11.605 99.792 12.771
201603 11.478 100.470 12.546
201606 10.536 101.688 11.378
201609 9.875 101.861 10.646
201612 9.382 101.863 10.114
201703 10.035 102.862 10.713
201706 10.231 103.349 10.871
201709 9.872 104.136 10.410
201712 9.779 104.011 10.325
201803 9.442 105.290 9.848
201806 9.251 106.317 9.555
201809 9.370 106.507 9.661
201812 10.226 105.998 10.594
201903 10.059 107.251 10.300
201906 10.800 108.070 10.974
201909 11.102 108.329 11.254
201912 10.833 108.420 10.972
202003 9.081 108.902 9.157
202006 8.366 108.767 8.447
202009 8.086 109.815 8.086

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.


WPX Energy  (NYSE:WPX) 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.


WPX Energy Cyclically Adjusted PB Ratio Related Terms

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


WPX Energy (WPX Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3500 One Williams Center, Tulsa, OK, USA, 74172-0172
WPX Energy, based in Tulsa, Oklahoma, is an unconventional oil and gas producer with acreage in the Williston Basin (Bakken), the Permian Basin, and the Rockies. At the end of 2019, the company reported net proven reserves of 528 million barrels of oil equivalent. Net production averaged 167 thousand barrels of oil equivalent per day in 2019, at a ratio of 79% liquids and 21% natural gas.
Executives
Bryan K Guderian officer: EVP Business Development ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
J Kevin Vann officer: EVP CFO ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Faulkner Stephen L Jr officer: VP Controller and CAO 3500 ONE WILLIAMS CENTER, TULSA OK 74172
Encap Energy Capital Fund X, L.p. director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Partners Gp, Llc director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Felix Energy Investments Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Felix Investments Holdings Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Karl F Kurz director DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Swanson Douglas E Jr director 1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
D Martin Phillips director 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Kimberly S Lubel director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Kelt Kindick director DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
Valerie Williams director C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
John A Carrig director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Robert Herdman director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172