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Kosmos Energy (LSE:KOS) Cyclically Adjusted PB Ratio : 2.17 (As of Jun. 09, 2024)


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What is Kosmos Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kosmos Energy's current share price is £4.59. Kosmos Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was £2.12. Kosmos Energy's Cyclically Adjusted PB Ratio for today is 2.17.

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

LSE:KOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 2.09   Max: 3.07
Current: 2.06

During the past years, Kosmos Energy's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.23. And the median was 2.09.

LSE:KOS's Cyclically Adjusted PB Ratio is ranked worse than
76.27% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs LSE:KOS: 2.06

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.

Kosmos Energy's adjusted book value per share data for the three months ended in Mar. 2024 was £1.789. 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 £2.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kosmos Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kosmos Energy'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.

Kosmos Energy Cyclically Adjusted PB Ratio Chart

Kosmos Energy 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 2.19 0.90 1.28 2.34 2.51

Kosmos Energy 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 2.74 2.21 3.02 2.51 2.22

Competitive Comparison of Kosmos Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Kosmos Energy'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.


Kosmos Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Kosmos Energy 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.

Kosmos Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.59/2.12
=2.17

* 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.

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

For example, Kosmos Energy'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)
=1.789/131.7762*131.7762
=1.789

Current CPI (Mar. 2024) = 131.7762.

Kosmos Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.762 100.560 2.309
201409 1.890 100.428 2.480
201412 2.211 99.070 2.941
201503 2.218 99.621 2.934
201506 2.027 100.684 2.653
201509 2.182 100.392 2.864
201512 2.299 99.792 3.036
201603 2.326 100.470 3.051
201606 2.149 101.688 2.785
201609 2.221 101.861 2.873
201612 2.239 101.863 2.897
201703 2.218 102.862 2.841
201706 2.133 103.349 2.720
201709 1.944 104.136 2.460
201712 1.719 104.011 2.178
201803 1.526 105.290 1.910
201806 1.405 106.317 1.741
201809 1.650 106.507 2.041
201812 1.866 105.998 2.320
201903 1.658 107.251 2.037
201906 1.738 108.070 2.119
201909 1.793 108.329 2.181
201912 1.599 108.420 1.943
202003 1.287 108.902 1.557
202006 0.895 108.767 1.084
202009 0.810 109.815 0.972
202012 0.808 109.897 0.969
202103 0.631 111.754 0.744
202106 0.536 114.631 0.616
202109 0.511 115.734 0.582
202112 0.881 117.630 0.987
202203 0.894 121.301 0.971
202206 1.180 125.017 1.244
202209 1.731 125.227 1.822
202212 1.419 125.222 1.493
202303 1.559 127.348 1.613
202306 1.556 128.729 1.593
202309 1.756 129.860 1.782
202312 1.772 129.419 1.804
202403 1.789 131.776 1.789

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.


Kosmos Energy  (LSE:KOS) 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.


Kosmos Energy Cyclically Adjusted PB Ratio Related Terms

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


Kosmos Energy (LSE:KOS) Business Description

Industry
Traded in Other Exchanges
Address
C/O Kosmos Energy LLC, 8176 Park Lane, Suite 500, Dallas, TX, USA, 75231
Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.

Kosmos Energy (LSE:KOS) Headlines