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Daybreak Oil & Gas (Daybreak Oil & Gas) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Daybreak Oil & Gas Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Daybreak Oil & Gas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daybreak Oil & Gas'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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Daybreak Oil & Gas Cyclically Adjusted PB Ratio Chart

Daybreak Oil & Gas Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PB Ratio
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Daybreak Oil & Gas Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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Competitive Comparison of Daybreak Oil & Gas's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Daybreak Oil & Gas'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.


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

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

* The bar in red indicates where Daybreak Oil & Gas's Cyclically Adjusted PB Ratio falls into.



Daybreak Oil & Gas 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.

Daybreak Oil & Gas's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2023 is calculated as:

For example, Daybreak Oil & Gas's adjusted Book Value per Share data for the three months ended in Feb. 2023 was:

Adj_Book=Book Value per Share/CPI of Feb. 2023 (Change)*Current CPI (Feb. 2023)
=0.008/126.9276*126.9276
=0.008

Current CPI (Feb. 2023) = 126.9276.

Daybreak Oil & Gas Quarterly Data

Book Value per Share CPI Adj_Book
201305 -0.082 98.282 -0.106
201308 -0.044 98.675 -0.057
201311 -0.050 98.334 -0.065
201402 -0.051 99.057 -0.065
201405 -0.054 100.373 -0.068
201408 -0.090 100.352 -0.114
201411 -0.093 99.635 -0.118
201502 -0.101 99.032 -0.129
201505 -0.111 100.333 -0.140
201508 -0.121 100.548 -0.153
201511 -0.137 100.135 -0.174
201602 -0.182 100.040 -0.231
201605 -0.203 101.355 -0.254
201608 -0.223 101.617 -0.279
201611 -0.237 101.829 -0.295
201702 -0.249 102.779 -0.308
201705 -0.264 103.256 -0.325
201708 -0.277 103.587 -0.339
201711 -0.287 104.072 -0.350
201802 -0.297 105.052 -0.359
201805 -0.310 106.148 -0.371
201808 -0.322 106.383 -0.384
201811 -0.335 106.338 -0.400
201902 -0.099 106.649 -0.118
201905 -0.100 108.048 -0.117
201908 -0.081 108.245 -0.095
201911 -0.085 108.519 -0.099
202002 -0.087 109.139 -0.101
202005 -0.090 108.175 -0.106
202008 -0.082 109.662 -0.095
202011 -0.085 109.793 -0.098
202102 -0.085 110.968 -0.097
202105 -0.087 113.576 -0.097
202108 -0.088 115.421 -0.097
202111 -0.089 117.269 -0.096
202202 -0.049 119.703 -0.052
202205 0.013 123.323 0.013
202208 0.012 124.958 0.012
202211 0.012 125.607 0.012
202302 0.008 126.928 0.008

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.


Daybreak Oil & Gas  (OTCPK:DBRM) 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.


Daybreak Oil & Gas Cyclically Adjusted PB Ratio Related Terms

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


Daybreak Oil & Gas (Daybreak Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1101 North Argonne Road, Suite A 211, Spokane Valley, WA, USA, 99212
Daybreak Oil & Gas Inc is a United States-based independent oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It is developing its shallow oil reserves, where it owns a 3-D seismic survey under lease in Kern County, California, and Michigan. The company's operational projects include the East Slopes Project and the Michigan Basin Project.
Executives
Gaelic Resources Ltd 10 percent owner 14 ALBERT STREET, DOUGLAS Y8 IM1 2QA
Darren Williams director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
James F Westmoreland director, 10 percent owner, officer: President & CEO 1101 N. ARGONNE ROAD, SUITE A 211, SPOKANE VALLEY WA 99212
James F. Meara director C/O 601 W. MAIN AVENUE, SUITE 1012, SPOKANE WA 99201
Timothy R Lindsey director 1101 N. ARGONNE ROAD, SUITE A211, SPOKANE VALLEY WA 99212
Maximilian Investors Llc 10 percent owner 152 WEST 57TH STREET, 54TH FLOOR, NEW YORK NY 10019
Wayne G Dotson director 601 W. MAIN AVE., SUITE 1012, SPOKANE WA 99201
Karol Lynn Adams officer: Corporate Secretary DAYBREAK OIL AND GAS, INC., 601 WEST MAIN AVE., SUITE 1012, SPOKANE WA 99201
Anna Moe other: Spouse of director 8305 NORTH COLTON PLACE, SPOKANE WA 99208
Keith Hooper 10 percent owner 1529 WEST ADAMS STREET, CHICAGO IL 60607
Benjamin Wade Anderson officer: Chief Operating Officer 1023 E 760 S, OREM UT 84097
Eric Moe officer: Chief Executive Officer 8305 NORTH COLTON PLACE, SPOKANE WA 99208
Robert N Martin director, officer: President 621 B 37 STREET SW, CALGARY A0 T3C 1R8
Jeffrey Robert Dworkin director, officer: Secretary 320 1001 13 AVENUE SW, CALGARY A0 T2R 0L5
Curtis Michael Charles Peter director 161 DES CEDRES, ST. EUSTACHE A8 J6R 4V7

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