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Overseas Shipholding Group (Overseas Shipholding Group) Cyclically Adjusted PB Ratio : 0.87 (As of Jun. 08, 2024)


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What is Overseas Shipholding Group Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Overseas Shipholding Group's current share price is $8.43. Overseas Shipholding Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.73. Overseas Shipholding Group's Cyclically Adjusted PB Ratio for today is 0.87.

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

OSG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.09   Max: 0.87
Current: 0.87

During the past years, Overseas Shipholding Group's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.02. And the median was 0.09.

OSG's Cyclically Adjusted PB Ratio is ranked better than
54.24% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs OSG: 0.87

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.

Overseas Shipholding Group's adjusted book value per share data for the three months ended in Mar. 2024 was $5.059. 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 $9.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Overseas Shipholding Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Overseas Shipholding Group'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.

Overseas Shipholding Group Cyclically Adjusted PB Ratio Chart

Overseas Shipholding Group 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 0.09 0.12 0.14 0.30 0.56

Overseas Shipholding Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.41 0.44 0.48 0.56 0.66

Competitive Comparison of Overseas Shipholding Group's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, Overseas Shipholding Group'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.


Overseas Shipholding Group's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Overseas Shipholding Group's Cyclically Adjusted PB Ratio falls into.



Overseas Shipholding Group 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.

Overseas Shipholding Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.43/9.73
=0.87

* 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.

Overseas Shipholding Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Overseas Shipholding Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.059/131.7762*131.7762
=5.059

Current CPI (Mar. 2024) = 131.7762.

Overseas Shipholding Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 -8.376 100.560 -10.976
201409 20.663 100.428 27.113
201412 20.748 99.070 27.598
201503 21.160 99.621 27.990
201506 21.745 100.684 28.460
201509 24.210 100.392 31.779
201512 23.185 99.792 30.616
201603 22.034 100.470 28.900
201606 22.560 101.688 29.235
201609 20.161 101.861 26.082
201612 3.619 101.863 4.682
201703 3.516 102.862 4.504
201706 3.522 103.349 4.491
201709 3.455 104.136 4.372
201712 4.002 104.011 5.070
201803 4.030 105.290 5.044
201806 3.975 106.317 4.927
201809 3.941 106.507 4.876
201812 3.884 105.998 4.829
201903 3.916 107.251 4.811
201906 3.886 108.070 4.738
201909 3.847 108.329 4.680
201912 3.985 108.420 4.843
202003 4.275 108.902 5.173
202006 4.332 108.767 5.248
202009 4.332 109.815 5.198
202012 4.398 109.897 5.274
202103 4.191 111.754 4.942
202106 4.061 114.631 4.668
202109 3.885 115.734 4.423
202112 3.885 117.630 4.352
202203 3.857 121.301 4.190
202206 3.901 125.017 4.112
202209 4.097 125.227 4.311
202212 4.338 125.222 4.565
202303 4.440 127.348 4.594
202306 4.608 128.729 4.717
202309 4.738 129.860 4.808
202312 4.990 129.419 5.081
202403 5.059 131.776 5.059

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.


Overseas Shipholding Group  (NYSE:OSG) 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.


Overseas Shipholding Group Cyclically Adjusted PB Ratio Related Terms

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


Overseas Shipholding Group (Overseas Shipholding Group) Business Description

Traded in Other Exchanges
Address
302 Knights Run Avenue, Tampa, FL, USA, 33602
Overseas Shipholding Group Inc is a tanker company which owns and operates a fleet of oceangoing vessels. It provides energy transportation services, delivering crude oil and petroleum products in the U.S. The company owns and operates a combined fleet of approximately 21 vessels registered in the United States. The company operates in the segment of the U.S. Flag Fleet. Majority of the company's revenue is generated in the form of time charters.
Executives
Samuel H Norton director, officer: President and CEO 58 NE 44TH STREET, MIAMI FL 33133
Elaine Goodman Luria director 7421 GLENEAGLES RD, NORFOLK VA 23505
Douglas D Wheat director, other: Chairman of the Board C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Cyrus Capital Partners, L.p. director, 10 percent owner, other: SEE REMARKS 65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Gary Eugene Taylor director 814 NORTH BEACH BLVD., BAY ST. LOUIS MS 39520
Julie Silcock director
Anja Manuel director C/O OVERSEAS SHIPHOLDING GROUP, INC., 302 KNIGHTS RUN AVENUE, TAMPA FL 33602
Joseph Isaac Kronsberg director 233 PACIFIC STREET, APT 4G, BROOKLYN NY 11201
Saltchuk Resources, Inc. 10 percent owner 450 ALASKAN WAY SOUTH, SUITE 708, SEATTLE WA 98104
Rebecca K Delaet director 34 BEACH AVENUE, LARCHMONT NY 10538
Ty Wallach director C/O PAULSON & CO INC., 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
J Patrick Reddy director
Susan Allan officer: VP, General Counsel & Corp Sec 302 KNIGHTS RUN AVENUE, SUITE 1200, TAMPA FL 33602
Richard Trueblood officer: CFO 10812 BULLRUSH TERRACE, LAKEWOOD RANCH FL 34202