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SSP Offshore (SSP Offshore) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2014)


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What is SSP Offshore Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

SSP Offshore's adjusted book value per share for the three months ended in Sep. 2014 was $0.053. 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 $0.00 for the trailing ten years ended in Sep. 2014.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-13), SSP Offshore's current stock price is $0.017. SSP Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2014 was $0.00. SSP Offshore's Cyclically Adjusted PB Ratio of today is .


SSP Offshore Cyclically Adjusted Book per Share Historical Data

The historical data trend for SSP Offshore's Cyclically Adjusted Book per Share 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.

SSP Offshore Cyclically Adjusted Book per Share Chart

SSP Offshore Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted Book per Share
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SSP Offshore Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of SSP Offshore's Cyclically Adjusted Book per Share

For the Oil & Gas Drilling subindustry, SSP Offshore'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.


SSP Offshore's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



SSP Offshore Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, SSP Offshore's adjusted Book Value per Share data for the three months ended in Sep. 2014 was:

Adj_Book= Book Value per Share /CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0.053/99.3943*99.3943
=0.053

Current CPI (Sep. 2014) = 99.3943.

SSP Offshore Quarterly Data

Book Value per Share CPI Adj_Book
200412 0.427 83.276 0.510
200503 0.425 83.987 0.503
200506 0.425 84.461 0.500
200509 0.427 85.647 0.496
200512 0.426 85.015 0.498
200603 0.428 85.805 0.496
200606 0.430 86.516 0.494
200609 0.434 86.279 0.500
200612 0.380 86.437 0.437
200703 0.436 87.780 0.494
200706 0.438 88.412 0.492
200709 0.437 88.412 0.491
200712 0.143 88.491 0.161
200803 0.132 88.965 0.147
200806 0.088 91.177 0.096
200809 0.028 91.414 0.030
200812 0.014 89.518 0.016
200903 -0.012 90.071 -0.013
200906 0.071 90.940 0.078
200909 0.050 90.624 0.055
200912 0.054 90.703 0.059
201003 0.044 91.335 0.048
201006 0.074 91.809 0.080
201009 0.062 92.362 0.067
201012 0.052 92.836 0.056
201103 0.042 94.338 0.044
201106 0.033 94.654 0.035
201109 0.025 95.286 0.026
201112 0.018 94.970 0.019
201203 0.008 96.155 0.008
201206 0.000 96.076 0.000
201209 0.000 96.392 0.000
201212 -0.005 95.760 -0.005
201303 0.024 97.103 0.025
201306 0.019 97.182 0.019
201309 0.014 97.419 0.014
201312 0.022 96.945 0.023
201403 0.012 98.604 0.012
201406 0.004 99.473 0.004
201409 0.053 99.394 0.053

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


SSP Offshore  (OTCPK:SSZZF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


SSP Offshore Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of SSP Offshore's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


SSP Offshore (SSP Offshore) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SSP Offshore Inc (OTCPK:SSZZF) » Definitions » Cyclically Adjusted Book per Share
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SSP Offshore, Inc. and its subsidiaries are engaged in the development and commercialization of proprietary technology related to floating, production, storage and offloading vessels. The Company is also pursuing other applications for the technology other than FPSOs. The Company's product is the game changing SSP, the next generation round floater that redefines the FPSO.

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