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Prosafe SE (Prosafe SE) Cyclically Adjusted PB Ratio : 0.00 (As of May. 28, 2024)


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What is Prosafe SE Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Prosafe SE's current share price is $4.95. Prosafe SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $36,757.30. 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.

PRSEF'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 Mar. 2024 was $1.416. 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 $36,757.30 for the trailing ten years ended in Mar. 2024.

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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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
=4.95/36757.3
=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 Mar. 2024 is calculated as:

For example, Prosafe SE'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)
=1.416/132.6000*132.6000
=1.416

Current CPI (Mar. 2024) = 132.6000.

Prosafe SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 158,394.495 97.500 215,416.513
201409 166,651.376 98.500 224,344.898
201412 171,697.248 98.600 230,903.196
201503 170,894.495 99.200 228,433.569
201506 174,449.541 100.100 231,089.002
201509 178,233.945 100.600 234,928.639
201512 149,020.833 100.900 195,839.073
201603 142,187.500 102.500 183,942.073
201606 141,354.167 103.800 180,573.820
201609 13,390.526 104.200 17,040.151
201612 14,043.267 104.400 17,836.563
201703 13,851.318 105.000 17,492.236
201706 13,492.044 105.800 16,909.688
201709 5,325.541 105.900 6,668.241
201712 5,471.740 106.100 6,838.386
201803 5,327.420 107.300 6,583.559
201806 5,405.140 108.500 6,605.729
201809 4,592.424 109.500 5,561.237
201812 4,343.862 109.800 5,245.866
201903 4,042.114 110.400 4,854.930
201906 4,059.857 110.600 4,867.423
201909 153.980 111.100 183.778
201912 26.025 111.300 31.006
202003 -9,313.598 111.200 -11,105.963
202006 -9,752.765 112.100 -11,536.277
202009 -9,934.338 112.900 -11,667.788
202012 -10,209.903 112.900 -11,991.436
202103 -11,184.069 114.600 -12,940.729
202106 -10,586.158 115.300 -12,174.541
202109 -10,692.090 117.500 -12,066.137
202112 3.662 118.900 4.084
202203 2.552 119.800 2.825
202206 3.471 122.600 3.754
202209 4.368 125.600 4.611
202212 3.763 125.900 3.963
202303 1.665 127.600 1.730
202306 1.487 130.400 1.512
202309 1.010 129.800 1.032
202312 1.892 131.900 1.902
202403 1.416 132.600 1.416

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  (OTCPK:PRSEF) 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 (Prosafe SE) Business Description

Industry
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 (Prosafe SE) Headlines

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