GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kosmos Energy Ltd (STU:KOS1) » Definitions » Cyclically Adjusted Book per Share

Kosmos Energy (STU:KOS1) Cyclically Adjusted Book per Share : €2.37 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Kosmos Energy 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.

Kosmos Energy's adjusted book value per share for the three months ended in Mar. 2024 was €2.091. 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 €2.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kosmos Energy's average Cyclically Adjusted Book Growth Rate was -2.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kosmos Energy was 1.40% per year. The lowest was 0.80% per year. And the median was 1.10% per year.

As of today (2024-05-17), Kosmos Energy's current stock price is €5.516. Kosmos Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.37. Kosmos Energy's Cyclically Adjusted PB Ratio of today is 2.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kosmos Energy was 3.07. The lowest was 0.23. And the median was 2.09.


Kosmos Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kosmos Energy'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.

Kosmos Energy Cyclically Adjusted Book per Share Chart

Kosmos Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.99 2.41 2.49 2.39

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 Book per Share 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 2.46 2.37 2.57 2.39 2.37

Competitive Comparison of Kosmos Energy's Cyclically Adjusted Book per Share

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 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, 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)
=2.091/131.7762*131.7762
=2.091

Current CPI (Mar. 2024) = 131.7762.

Kosmos Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.194 100.560 2.875
201409 2.389 100.428 3.135
201412 2.807 99.070 3.734
201503 3.063 99.621 4.052
201506 2.813 100.684 3.682
201509 2.982 100.392 3.914
201512 3.160 99.792 4.173
201603 2.975 100.470 3.902
201606 2.716 101.688 3.520
201609 2.600 101.861 3.364
201612 2.650 101.863 3.428
201703 2.560 102.862 3.280
201706 2.431 103.349 3.100
201709 2.175 104.136 2.752
201712 1.947 104.011 2.467
201803 1.729 105.290 2.164
201806 1.599 106.317 1.982
201809 1.848 106.507 2.286
201812 2.076 105.998 2.581
201903 1.933 107.251 2.375
201906 1.950 108.070 2.378
201909 2.015 108.329 2.451
201912 1.887 108.420 2.294
202003 1.441 108.902 1.744
202006 0.995 108.767 1.205
202009 0.891 109.815 1.069
202012 0.892 109.897 1.070
202103 0.735 111.754 0.867
202106 0.624 114.631 0.717
202109 0.596 115.734 0.679
202112 1.036 117.630 1.161
202203 1.070 121.301 1.162
202206 1.375 125.017 1.449
202209 1.980 125.227 2.084
202212 1.631 125.222 1.716
202303 1.767 127.348 1.828
202306 1.813 128.729 1.856
202309 2.036 129.860 2.066
202312 2.057 129.419 2.094
202403 2.091 131.776 2.091

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


Kosmos Energy  (STU:KOS1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.516/2.37
=2.33

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kosmos Energy was 3.07. The lowest was 0.23. And the median was 2.09.


Be Aware

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


Kosmos Energy Cyclically Adjusted Book per Share Related Terms

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


Kosmos Energy (STU:KOS1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kosmos Energy Ltd (STU:KOS1) » Definitions » Cyclically Adjusted Book per Share
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 (STU:KOS1) Headlines

No Headlines