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Glen Rose Petroleum (Glen Rose Petroleum) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Glen Rose Petroleum Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Glen Rose Petroleum Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glen Rose Petroleum'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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Glen Rose Petroleum Cyclically Adjusted PB Ratio Chart

Glen Rose Petroleum Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
Cyclically Adjusted PB Ratio
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Glen Rose Petroleum Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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Competitive Comparison of Glen Rose Petroleum's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Glen Rose Petroleum'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.


Glen Rose Petroleum's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Glen Rose Petroleum's Cyclically Adjusted PB Ratio falls into.



Glen Rose Petroleum 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.

Glen Rose Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2011 is calculated as:

For example, Glen Rose Petroleum's adjusted Book Value per Share data for the three months ended in Dec. 2011 was:

Adj_Book=Book Value per Share/CPI of Dec. 2011 (Change)*Current CPI (Dec. 2011)
=-0.257/95.2134*95.2134
=-0.257

Current CPI (Dec. 2011) = 95.2134.

Glen Rose Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
200203 7.783 75.438 9.823
200206 7.702 75.902 9.662
200209 7.690 76.366 9.588
200212 7.630 76.324 9.518
200303 7.543 77.716 9.241
200306 7.199 77.505 8.844
200309 6.759 78.138 8.236
200312 6.614 77.758 8.099
200403 6.603 79.066 7.951
200406 6.285 80.037 7.477
200409 5.007 80.121 5.950
200412 4.996 80.290 5.925
200503 4.925 81.555 5.750
200506 5.232 82.062 6.071
200509 5.041 83.876 5.722
200512 4.688 83.032 5.376
200603 1.828 84.298 2.065
200606 1.737 85.606 1.932
200609 1.656 85.606 1.842
200612 1.569 85.142 1.755
200703 0.125 86.640 0.137
200706 0.158 87.906 0.171
200709 0.350 87.964 0.379
200712 0.356 88.616 0.383
200803 0.410 90.090 0.433
200806 0.309 92.320 0.319
200809 0.320 92.307 0.330
200812 0.308 88.697 0.331
200903 0.294 89.744 0.312
200906 0.269 91.003 0.281
200909 0.247 91.120 0.258
200912 0.207 91.111 0.216
201003 -0.484 91.821 -0.502
201006 0.135 91.962 0.140
201009 0.085 92.162 0.088
201012 0.032 92.474 0.033
201103 -0.789 94.283 -0.797
201106 -0.711 95.235 -0.711
201109 -0.294 95.727 -0.292
201112 -0.257 95.213 -0.257

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.


Glen Rose Petroleum  (GREY:GLRP) 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.


Glen Rose Petroleum Cyclically Adjusted PB Ratio Related Terms

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Glen Rose Petroleum (Glen Rose Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1210 West Clay Road, Suite 5, Houston, TX, USA, 77019
An independent producer of natural gas and crude oil based in Dallas, Texas.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024

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