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Prosafe SE (STU:1Q6) Cyclically Adjusted PB Ratio : 0.00 (As of May. 31, 2024)


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What is Prosafe SE Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Prosafe SE's current share price is €2.28. Prosafe SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €31,076.60. 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.

STU:1Q6's Cyclically Adjusted PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.99
* 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 €1.303. 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 €31,076.60 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
=2.28/31076.6
=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)
=1.303/132.6000*132.6000
=1.303

Current CPI (Mar. 2024) = 132.6000.

Prosafe SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 116,578.440 97.500 158,546.678
201409 129,321.560 98.500 174,091.765
201412 139,246.560 98.600 187,262.615
201503 157,906.422 99.200 211,072.496
201506 155,434.633 100.100 205,900.423
201509 158,806.422 100.600 209,321.387
201512 136,801.042 100.900 179,780.160
201603 127,684.375 102.500 165,179.982
201606 125,805.208 103.800 160,710.699
201609 11,930.959 104.200 15,182.775
201612 13,313.018 104.400 16,909.063
201703 12,950.982 105.000 16,355.240
201706 12,007.919 105.800 15,049.622
201709 4,468.124 105.900 5,594.648
201712 4,623.620 106.100 5,778.436
201803 4,320.532 107.300 5,339.259
201806 4,626.802 108.500 5,654.506
201809 3,935.710 109.500 4,765.983
201812 3,818.257 109.800 4,611.119
201903 3,577.271 110.400 4,296.614
201906 3,592.973 110.600 4,307.669
201909 139.818 111.100 166.875
201912 23.422 111.300 27.904
202003 -8,428.801 111.200 -10,050.890
202006 -8,660.453 112.100 -10,244.211
202009 -8,434.252 112.900 -9,905.951
202012 -8,392.540 112.900 -9,856.960
202103 -9,394.618 114.600 -10,870.212
202106 -8,786.511 115.300 -10,104.869
202109 -9,088.277 117.500 -10,256.217
202112 3.241 118.900 3.614
202203 2.318 119.800 2.566
202206 3.283 122.600 3.551
202209 4.412 125.600 4.658
202212 3.552 125.900 3.741
202303 1.555 127.600 1.616
202306 1.373 130.400 1.396
202309 0.946 129.800 0.966
202312 1.735 131.900 1.744
202403 1.303 132.600 1.303

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  (STU:1Q6) 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 (STU:1Q6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (STU:1Q6) » Definitions » Cyclically Adjusted PB Ratio
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.

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