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Icon Offshore Bhd (XKLS:5255) Cyclically Adjusted Book per Share : RM95.02 (As of Mar. 2024)


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What is Icon Offshore Bhd 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.

Icon Offshore Bhd's adjusted book value per share for the three months ended in Mar. 2024 was RM0.595. 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 RM95.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Icon Offshore Bhd's average Cyclically Adjusted Book Growth Rate was -6.90% 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 (2024-06-10), Icon Offshore Bhd's current stock price is RM0.99. Icon Offshore Bhd's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was RM95.02. Icon Offshore Bhd's Cyclically Adjusted PB Ratio of today is 0.01.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Icon Offshore Bhd was 0.01. The lowest was 0.01. And the median was 0.01.


Icon Offshore Bhd Cyclically Adjusted Book per Share Historical Data

The historical data trend for Icon Offshore Bhd'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.

Icon Offshore Bhd Cyclically Adjusted Book per Share Chart

Icon Offshore Bhd 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 - - - 102.28 95.70

Icon Offshore Bhd 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 102.03 100.44 98.74 95.70 95.02

Competitive Comparison of Icon Offshore Bhd's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Icon Offshore Bhd'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.


Icon Offshore Bhd's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Icon Offshore Bhd's Cyclically Adjusted PB Ratio falls into.



Icon Offshore Bhd 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, Icon Offshore Bhd'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)
=0.595/131.7762*131.7762
=0.595

Current CPI (Mar. 2024) = 131.7762.

Icon Offshore Bhd Quarterly Data

Book Value per Share CPI Adj_Book
201406 222.762 100.560 291.914
201409 226.785 100.428 297.576
201412 229.489 99.070 305.252
201503 230.175 99.621 304.470
201506 231.212 100.684 302.613
201509 232.925 100.392 305.743
201512 152.396 99.792 201.239
201603 151.390 100.470 198.562
201606 151.514 101.688 196.345
201609 151.969 101.861 196.600
201612 119.971 101.863 155.202
201703 118.568 102.862 151.897
201706 117.179 103.349 149.410
201709 117.208 104.136 148.318
201712 106.977 104.011 135.534
201803 105.140 105.290 131.589
201806 104.131 106.317 129.067
201809 101.721 106.507 125.855
201812 11.688 105.998 14.530
201903 9.945 107.251 12.219
201906 9.122 108.070 11.123
201909 8.795 108.329 10.699
201912 10.458 108.420 12.711
202003 0.650 108.902 0.787
202006 0.663 108.767 0.803
202009 0.654 109.815 0.785
202012 0.642 109.897 0.770
202103 0.629 111.754 0.742
202106 0.656 114.631 0.754
202109 0.683 115.734 0.778
202112 0.693 117.630 0.776
202203 0.699 121.301 0.759
202206 0.714 125.017 0.753
202209 0.729 125.227 0.767
202212 0.675 125.222 0.710
202303 0.667 127.348 0.690
202306 0.677 128.729 0.693
202309 0.688 129.860 0.698
202312 0.638 129.419 0.650
202403 0.595 131.776 0.595

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


Icon Offshore Bhd  (XKLS:5255) 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.

Icon Offshore Bhd's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.99/95.02
=0.01

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Icon Offshore Bhd was 0.01. The lowest was 0.01. And the median was 0.01.


Be Aware

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


Icon Offshore Bhd Cyclically Adjusted Book per Share Related Terms

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


Icon Offshore Bhd (XKLS:5255) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icon Offshore Bhd (XKLS:5255) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450
Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

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