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Chesapeake Energy (Chesapeake Energy) Cyclically Adjusted PB Ratio : 0.20 (As of Apr. 28, 2024)


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What is Chesapeake Energy Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Chesapeake Energy's current share price is $92.06. Chesapeake Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $471.87. Chesapeake Energy's Cyclically Adjusted PB Ratio for today is 0.20.

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

CHK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.2
Current: 0.2

During the past years, Chesapeake Energy's highest Cyclically Adjusted PB Ratio was 0.20. The lowest was 0.02. And the median was 0.08.

CHK's Cyclically Adjusted PB Ratio is ranked better than
85.91% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs CHK: 0.20

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.

Chesapeake Energy's adjusted book value per share data for the three months ended in Dec. 2023 was $82.032. 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 $471.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chesapeake Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chesapeake 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.

* Premium members only.

Chesapeake Energy Cyclically Adjusted PB Ratio Chart

Chesapeake Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.05 0.10 0.16

Chesapeake Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.10 0.09 0.12 0.14 0.16

Competitive Comparison of Chesapeake Energy's Cyclically Adjusted PB Ratio

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


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

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

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



Chesapeake 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.

Chesapeake Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=92.06/471.87
=0.20

* 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.

Chesapeake Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Chesapeake Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=82.032/129.4194*129.4194
=82.032

Current CPI (Dec. 2023) = 129.4194.

Chesapeake Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 4,004.354 99.695 5,198.292
201406 3,959.477 100.560 5,095.820
201409 3,997.058 100.428 5,150.933
201412 4,173.187 99.070 5,451.630
201503 3,019.032 99.621 3,922.074
201506 1,777.312 100.684 2,284.562
201509 367.762 100.392 474.099
201512 -278.583 99.792 -361.290
201603 -504.994 100.470 -650.500
201606 -791.340 101.688 -1,007.146
201609 -1,089.809 101.861 -1,384.656
201612 -693.139 101.863 -880.652
201703 -689.427 102.862 -867.425
201706 -576.167 103.349 -721.508
201709 -579.916 104.136 -720.718
201712 -478.107 104.011 -594.901
201803 -416.346 105.290 -511.763
201806 -420.022 106.317 -511.293
201809 -402.687 106.507 -489.317
201812 92.480 105.998 112.915
201903 298.044 107.251 359.650
201906 309.415 108.070 370.542
201909 314.596 108.329 375.843
201912 280.406 108.420 334.716
202003 -569.923 108.902 -677.301
202006 -597.125 108.767 -710.504
202009 -671.856 109.815 -791.798
202012 -71.210 109.897 -83.860
202103 39.640 111.754 45.906
202106 34.843 114.631 39.338
202109 30.910 115.734 34.565
202112 48.093 117.630 52.913
202203 42.368 121.301 45.204
202206 47.767 125.017 49.449
202209 52.310 125.227 54.061
202212 67.728 125.222 69.998
202303 76.728 127.348 77.976
202306 78.351 128.729 78.771
202309 78.272 129.860 78.007
202312 82.032 129.419 82.032

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.


Chesapeake Energy  (NAS:CHK) 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.


Chesapeake Energy Cyclically Adjusted PB Ratio Related Terms

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


Chesapeake Energy (Chesapeake Energy) Business Description

Industry
Traded in Other Exchanges
Address
6100 North Western Avenue, Oklahoma City, OK, USA, 73118
Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.
Executives
Michael Wichterich director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Dell'osso Domenic J Jr officer: Exec. Vice President & CFO 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Joshua J. Viets officer: EVP & COO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Intermediate Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco Gp L.l.c. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine (pub) Aggregator L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Brookfield Us Inc. 10 percent owner BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Ocm Xi Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Ocm Xb Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Public Securities Group Holdings Llc 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Gregory M. Larson officer: VP-Accounting & Controller 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mohit Singh officer: EVP & CFO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118