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BW Offshore (OSL:BWO) Cyclically Adjusted PB Ratio : 0.35 (As of Apr. 30, 2024)


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What is BW Offshore Cyclically Adjusted PB Ratio?

As of today (2024-04-30), BW Offshore's current share price is kr28.15. BW Offshore's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was kr79.94. BW Offshore's Cyclically Adjusted PB Ratio for today is 0.35.

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

OSL:BWO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.29   Max: 0.54
Current: 0.35

During the past 13 years, BW Offshore's highest Cyclically Adjusted PB Ratio was 0.54. The lowest was 0.04. And the median was 0.29.

OSL:BWO's Cyclically Adjusted PB Ratio is ranked better than
76.01% of 813 companies
in the Oil & Gas industry
Industry Median: 1.02 vs OSL:BWO: 0.35

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.

BW Offshore's adjusted book value per share data of for the fiscal year that ended in Dec23 was kr58.670. 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 kr79.94 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BW Offshore Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BW Offshore'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.

BW Offshore Cyclically Adjusted PB Ratio Chart

BW Offshore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.38 0.28 0.27 0.28

BW Offshore Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio 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 0.28 - 0.27 - 0.28

Competitive Comparison of BW Offshore's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, BW 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.


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

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

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



BW Offshore 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.

BW Offshore's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.15/79.94
=0.35

* 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.

BW Offshore's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, BW Offshore's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=58.67/129.4194*129.4194
=58.670

Current CPI (Dec23) = 129.4194.

BW Offshore Annual Data

Book Value per Share CPI Adj_Book
201412 148.692 99.070 194.243
201512 137.634 99.792 178.496
201612 42.594 101.863 54.117
201712 43.694 104.011 54.368
201812 46.435 105.998 56.695
201912 54.626 108.420 65.206
202012 35.950 109.897 42.336
202112 38.420 117.630 42.271
202212 51.282 125.222 53.001
202312 58.670 129.419 58.670

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.


BW Offshore  (OSL:BWO) 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.


BW Offshore Cyclically Adjusted PB Ratio Related Terms

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


BW Offshore (OSL:BWO) Business Description

Industry
Traded in Other Exchanges
Address
22 Church Street, 4th Floor, Suite 400, Washington Mall Phase 2, Hamilton, BMU, HM1189
BW Offshore Ltd is a holding company. It is engaged in developing, owning and operating oil and gas Floating Production, Storage and Offloading vessels (FPSO) and Floating, Storage and Offloading (FSO) vessels. The company's main activities are engineering, procurement, construction and installation, as well as lease and operation services for FPSOs. The operating segment of company FPSO and Floating wind.

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