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S.D. Standard ETC (OSL:SDSD) Cyclically Adjusted PB Ratio : 0.68 (As of Jun. 09, 2024)


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What is S.D. Standard ETC Cyclically Adjusted PB Ratio?

As of today (2024-06-09), S.D. Standard ETC's current share price is kr1.616. S.D. Standard ETC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr2.38. S.D. Standard ETC's Cyclically Adjusted PB Ratio for today is 0.68.

The historical rank and industry rank for S.D. Standard ETC's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSL:SDSD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.81
Current: 0.68

During the past years, S.D. Standard ETC's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.00. And the median was 0.00.

OSL:SDSD's Cyclically Adjusted PB Ratio is ranked better than
60.9% of 826 companies
in the Oil & Gas industry
Industry Median: 1.025 vs OSL:SDSD: 0.68

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.

S.D. Standard ETC's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.758. 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 kr2.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


S.D. Standard ETC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for S.D. Standard ETC'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.

S.D. Standard ETC Cyclically Adjusted PB Ratio Chart

S.D. Standard ETC 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 - 0.18 0.28 0.62 0.76

S.D. Standard ETC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.78 0.71 0.77 0.76 0.72

Competitive Comparison of S.D. Standard ETC's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, S.D. Standard ETC'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.


S.D. Standard ETC's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, S.D. Standard ETC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S.D. Standard ETC's Cyclically Adjusted PB Ratio falls into.



S.D. Standard ETC 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.

S.D. Standard ETC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.616/2.38
=0.68

* 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.

S.D. Standard ETC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, S.D. Standard ETC'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)
=2.758/131.7762*131.7762
=2.758

Current CPI (Mar. 2024) = 131.7762.

S.D. Standard ETC Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.563 100.560 4.669
201409 3.256 100.428 4.272
201412 3.345 99.070 4.449
201503 3.661 99.621 4.843
201506 3.507 100.684 4.590
201509 2.941 100.392 3.860
201512 0.683 99.792 0.902
201603 0.656 100.470 0.860
201606 0.637 101.688 0.825
201609 0.576 101.861 0.745
201612 0.624 101.863 0.807
201703 1.901 102.862 2.435
201706 1.873 103.349 2.388
201709 1.608 104.136 2.035
201712 1.641 104.011 2.079
201803 1.520 105.290 1.902
201806 1.548 106.317 1.919
201809 1.571 106.507 1.944
201812 1.666 105.998 2.071
201903 1.707 107.251 2.097
201906 1.781 108.070 2.172
201909 1.867 108.329 2.271
201912 1.846 108.420 2.244
202003 1.906 108.902 2.306
202006 1.715 108.767 2.078
202009 1.551 109.815 1.861
202012 1.416 109.897 1.698
202103 1.356 111.754 1.599
202106 1.474 114.631 1.694
202109 1.470 115.734 1.674
202112 1.700 117.630 1.904
202203 1.813 121.301 1.970
202206 2.292 125.017 2.416
202209 2.467 125.227 2.596
202212 2.630 125.222 2.768
202303 2.829 127.348 2.927
202306 2.604 128.729 2.666
202309 2.963 129.860 3.007
202312 2.864 129.419 2.916
202403 2.758 131.776 2.758

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.


S.D. Standard ETC  (OSL:SDSD) 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.


S.D. Standard ETC Cyclically Adjusted PB Ratio Related Terms

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


S.D. Standard ETC (OSL:SDSD) Business Description

Industry
Traded in Other Exchanges
Address
Chrysanthou Mylona 1, 2nd floor, Office 3, Panayides Building, Limassol, CYP, 3030
S.D. Standard ETC PLC, formerly S.D. Standard Drilling PLC is a Cyprus-based company. The principal activity of the Company is to operate as an investment entity with a special focus on shipping, offshore and energy segments. The Company invests directly or indirectly into companies, securities, commodities and/or assets. The objective of the company is to generate significant medium to long-term capital growth.

S.D. Standard ETC (OSL:SDSD) Headlines

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