GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » Cyclically Adjusted Book per Share

Prosafe SE (OSL:PRS) Cyclically Adjusted Book per Share : kr404,972.00 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Prosafe SE Cyclically Adjusted Book per Share?

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.

Prosafe SE's adjusted book value per share for the three months ended in Dec. 2023 was kr19.955. 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 kr404,972.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Prosafe SE's average Cyclically Adjusted Book Growth Rate was -20.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Prosafe SE was -5.90% per year. The lowest was -13.00% per year. And the median was -8.80% per year.

As of today (2024-05-14), Prosafe SE's current stock price is kr30.90. Prosafe SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was kr404,972.00. Prosafe SE's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prosafe SE was 0.04. The lowest was 0.01. And the median was 0.02.


Prosafe SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prosafe SE'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.

Prosafe SE Cyclically Adjusted Book per Share Chart

Prosafe SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 678,836.00 615,118.00 565,438.00 507,302.00 404,972.00

Prosafe SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 507,302.00 487,771.00 468,148.00 433,488.00 404,972.00

Competitive Comparison of Prosafe SE's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Prosafe SE'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.


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

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

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



Prosafe SE 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, Prosafe SE'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)
=19.955/131.9000*131.9000
=19.955

Current CPI (Dec. 2023) = 131.9000.

Prosafe SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 964,642.890 97.300 1,307,671.091
201406 957,288.761 97.500 1,295,039.873
201409 1,058,652.982 98.500 1,417,627.699
201412 1,249,475.229 98.600 1,671,458.242
201503 1,366,335.780 99.200 1,816,730.740
201506 1,362,642.890 100.100 1,795,530.441
201509 1,476,579.128 100.600 1,935,991.918
201512 1,296,049.167 100.900 1,694,240.685
201603 1,205,096.042 102.500 1,550,752.858
201606 1,174,144.167 103.800 1,492,000.151
201609 109,744.735 104.200 138,918.719
201612 120,234.241 104.400 151,905.138
201703 117,823.458 105.000 148,008.706
201706 114,134.597 105.800 142,290.674
201709 41,742.653 105.900 51,991.085
201712 45,512.833 106.100 56,580.044
201803 41,395.116 107.300 50,885.515
201806 43,837.857 108.500 53,292.289
201809 37,870.965 109.500 45,618.085
201812 37,471.453 109.800 45,013.521
201903 34,791.284 110.400 41,566.761
201906 35,048.341 110.600 41,798.157
201909 1,386.630 111.100 1,646.233
201912 234.851 111.300 278.318
202003 -95,374.040 111.200 -113,128.020
202006 -92,973.108 112.100 -109,394.763
202009 -91,019.397 112.900 -106,337.099
202012 -88,898.644 112.900 -103,859.443
202103 -95,206.620 114.600 -109,578.998
202106 -89,168.271 115.300 -102,006.027
202109 -92,575.323 117.500 -103,920.724
202112 32.891 118.900 36.487
202203 22.548 119.800 24.825
202206 33.830 122.600 36.396
202209 44.987 125.600 47.244
202212 37.180 125.900 38.952
202303 17.532 127.600 18.123
202306 16.057 130.400 16.242
202309 10.827 129.800 11.002
202312 19.955 131.900 19.955

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


Prosafe SE  (OSL:PRS) 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.

Prosafe SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=30.90/404972
=0.00

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prosafe SE was 0.04. The lowest was 0.01. And the median was 0.02.


Be Aware

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


Prosafe SE Cyclically Adjusted Book per Share Related Terms

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


Prosafe SE (OSL:PRS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Forusparken 2, Stavanger, NOR, 4031
Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.

Prosafe SE (OSL:PRS) Headlines