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International Seaways (International Seaways) Cyclically Adjusted PB Ratio : 1.47 (As of May. 28, 2024)


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What is International Seaways Cyclically Adjusted PB Ratio?

As of today (2024-05-28), International Seaways's current share price is $64.65. International Seaways's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $43.88. International Seaways's Cyclically Adjusted PB Ratio for today is 1.47.

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

INSW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.16   Max: 1.48
Current: 1.48

During the past 11 years, International Seaways's highest Cyclically Adjusted PB Ratio was 1.48. The lowest was 0.79. And the median was 1.16.

INSW's Cyclically Adjusted PB Ratio is ranked worse than
66.14% of 818 companies
in the Oil & Gas industry
Industry Median: 0.98 vs INSW: 1.48

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.

International Seaways's adjusted book value per share data of for the fiscal year that ended in Dec23 was $35.089. 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 $43.88 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Seaways Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Seaways'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.

International Seaways Cyclically Adjusted PB Ratio Chart

International Seaways 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 - - - 0.85 1.04

International Seaways 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 - - - 1.04 -

Competitive Comparison of International Seaways's Cyclically Adjusted PB Ratio

For the Oil & Gas Midstream subindustry, International Seaways'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.


International Seaways's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



International Seaways 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.

International Seaways's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.65/43.88
=1.47

* 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.

International Seaways's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, International Seaways's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=35.089/129.4194*129.4194
=35.089

Current CPI (Dec23) = 129.4194.

International Seaways Annual Data

Book Value per Share CPI Adj_Book
201412 47.705 99.070 62.319
201512 47.460 99.792 61.550
201612 40.409 101.863 51.341
201712 37.321 104.011 46.438
201812 34.602 105.998 42.248
201912 34.921 108.420 41.685
202012 34.697 109.897 40.861
202112 23.578 117.630 25.941
202212 30.288 125.222 31.303
202312 35.089 129.419 35.089

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.


International Seaways  (NYSE:INSW) 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.


International Seaways Cyclically Adjusted PB Ratio Related Terms

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


International Seaways (International Seaways) Business Description

Traded in Other Exchanges
Address
600 Third Avenue, 39th Floor, New York, NY, USA, 10016
International Seaways Inc owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
Executives
Jeffrey Pribor officer: Chief Financial Officer 35 WEST 56TH STREET, NEW YORK NY 10019
Derek G. Solon officer: VP and Chief Comm. Officer C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10016
Small James D Iii officer: SVP & Secretary C/O OVERSEAS SHIPHOLDING GROUP, INC., 1301 AVENUE OF THE AMERICAS, 42ND FLOOR, NEW YORK NY 10019
Lois K Zabrocky director, officer: President 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Douglas D Wheat director C/O HAAS WHEAT & PARTNERS LP, 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
David I Greenberg director ALTRIA GROUP INC, 120 PARK AVE, NEW YORK NY 10017
William F. Nugent officer: VP and Head of Shipping Ops. C/O INTERNATIONAL SEAWAYS, INC., 600 THIRD AVENUE, 39TH FLOOR, NEW YORK NY 10465
Ian T Blackley director, officer: Senior Vice President & CFO 666 THIRD AVENUE, NEW YORK NY 10017
Stevenson Craig H Jr director C/O OMI CORP, ONE STATION PL, STAMFORD CT 06902
Adewale Oshodi officer: Controller 1301 AVENUE OF THE AMERICAS, 42ND FLOOR, C/O OVERSEAS SHIPHOLDING GROUP, INC., NEW YORK NY 10019
Famatown Finance Ltd 10 percent owner C/O SEATANKERS MANAGEMENT CO. LTD, P. O. BOX 53562, LIMASSOL G4 CY 3399
C.k. Ltd 10 percent owner 28 ESPLANADE STREET, ST. HELIER Y9 JE4 2QP
Greenwich Holdings Ltd. 10 percent owner C/O SEATANKERS MANAGEMENT CO. LTD., P.O. BOX 53562, LIMASSOL G4 CY 3399
Alexandra Kate Blankenship director 33 BENEDICT PLACE, 2ND FLOOR, GREENWICH CT 06830