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KNOT Offshore Partners LP (FRA:KO4) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is KNOT Offshore Partners LP Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

KNOT Offshore Partners LP's adjusted book value per share for the three months ended in Mar. 2024 was €16.588. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KNOT Offshore Partners LP's average Cyclically Adjusted Book Growth Rate was 2.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-01), KNOT Offshore Partners LP's current stock price is €5.542. KNOT Offshore Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. KNOT Offshore Partners LP's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KNOT Offshore Partners LP was 0.84. The lowest was 0.18. And the median was 0.26.


KNOT Offshore Partners LP Cyclically Adjusted Book per Share Historical Data

The historical data trend for KNOT Offshore Partners LP's Cyclically Adjusted Book per Share 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.

KNOT Offshore Partners LP Cyclically Adjusted Book per Share Chart

KNOT Offshore Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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KNOT Offshore Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 - - - - -

Competitive Comparison of KNOT Offshore Partners LP's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, KNOT Offshore Partners LP'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.


KNOT Offshore Partners LP's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, KNOT Offshore Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KNOT Offshore Partners LP's Cyclically Adjusted PB Ratio falls into.



KNOT Offshore Partners LP Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, KNOT Offshore Partners LP'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)
=16.588/131.6000*131.6000
=16.588

Current CPI (Mar. 2024) = 131.6000.

KNOT Offshore Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.693 99.800 18.056
201409 14.737 100.000 19.394
201412 15.200 99.900 20.023
201503 17.142 99.600 22.649
201506 20.967 100.100 27.565
201509 17.058 100.200 22.404
201512 17.580 100.400 23.043
201603 17.053 100.400 22.352
201606 16.786 101.000 21.872
201609 16.947 101.500 21.973
201612 18.187 102.200 23.419
201703 15.157 102.700 19.422
201706 19.751 103.500 25.113
201709 18.723 104.300 23.624
201712 18.847 105.000 23.622
201803 18.359 105.100 22.988
201806 19.426 105.900 24.140
201809 19.477 106.600 24.045
201812 19.681 107.100 24.183
201903 19.627 107.000 24.139
201906 19.312 107.900 23.554
201909 19.656 108.400 23.863
201912 19.591 108.500 23.762
202003 18.980 108.600 23.000
202006 18.674 108.800 22.587
202009 17.990 109.200 21.680
202012 17.538 109.400 21.097
202103 18.135 109.700 21.755
202106 17.026 111.400 20.113
202109 16.939 112.400 19.832
202112 17.670 114.700 20.274
202203 18.315 116.500 20.689
202206 18.708 120.500 20.431
202209 19.808 122.300 21.314
202212 18.129 125.300 19.041
202303 17.830 126.800 18.505
202306 16.452 129.400 16.732
202309 16.978 130.100 17.174
202312 16.403 130.500 16.541
202403 16.588 131.600 16.588

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


KNOT Offshore Partners LP  (FRA:KO4) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KNOT Offshore Partners LP was 0.84. The lowest was 0.18. And the median was 0.26.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


KNOT Offshore Partners LP Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of KNOT Offshore Partners LP's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


KNOT Offshore Partners LP (FRA:KO4) Business Description

Traded in Other Exchanges
Address
2 Queens Cross, Aberdeenshire, Aberdeen, GBR, AB15 4YB
KNOT Offshore Partners LP owns, operates, and shuttles tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transportation, and storage services under time charters and bareboat charters. The Partnership is formed for acquiring ownership interests in over four shuttle tankers owned by Knutsen NYK Offshore Tankers AS (KNOT). It operates through the shuttle tanker market segment.

KNOT Offshore Partners LP (FRA:KO4) Headlines

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