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Prosafe SE (OSL:PRS) Cyclically Adjusted PB Ratio : 0.00 (As of May. 13, 2024)


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What is Prosafe SE Cyclically Adjusted PB Ratio?

As of today (2024-05-13), Prosafe SE's current share price is kr33.55. 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 for today is 0.00.

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

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

OSL:PRS's Cyclically Adjusted PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.98
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prosafe SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Prosafe SE'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.

Prosafe SE Cyclically Adjusted PB Ratio Chart

Prosafe SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Prosafe SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Prosafe SE's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.55/404972
=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.

Prosafe SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Prosafe SE  (OSL:PRS) 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.


Prosafe SE Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Prosafe SE's Cyclically Adjusted PB Ratio 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 PB Ratio
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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