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Viking Supply Ships AB (OSTO:VSSAB B) Cyclically Adjusted PB Ratio : 0.28 (As of Jun. 08, 2024)


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What is Viking Supply Ships AB Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Viking Supply Ships AB's current share price is kr103.00. Viking Supply Ships AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr364.63. Viking Supply Ships AB's Cyclically Adjusted PB Ratio for today is 0.28.

The historical rank and industry rank for Viking Supply Ships AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSTO:VSSAB B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.31
Current: 0.29

During the past years, Viking Supply Ships AB's highest Cyclically Adjusted PB Ratio was 0.31. The lowest was 0.01. And the median was 0.07.

OSTO:VSSAB B's Cyclically Adjusted PB Ratio is ranked better than
92.12% of 723 companies
in the Transportation industry
Industry Median: 1.25 vs OSTO:VSSAB B: 0.29

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.

Viking Supply Ships AB's adjusted book value per share data for the three months ended in Mar. 2024 was kr159.880. 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 kr364.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viking Supply Ships AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viking Supply Ships AB'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.

Viking Supply Ships AB Cyclically Adjusted PB Ratio Chart

Viking Supply Ships AB 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 0.07 0.08 0.07 0.17 0.24

Viking Supply Ships AB 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 0.28 0.21 0.24 0.24 0.26

Competitive Comparison of Viking Supply Ships AB's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Viking Supply Ships AB'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.


Viking Supply Ships AB's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Viking Supply Ships AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Viking Supply Ships AB's Cyclically Adjusted PB Ratio falls into.



Viking Supply Ships AB 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.

Viking Supply Ships AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.00/364.63
=0.28

* 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.

Viking Supply Ships AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Viking Supply Ships AB'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)
=159.88/132.2054*132.2054
=159.880

Current CPI (Mar. 2024) = 132.2054.

Viking Supply Ships AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 687.832 100.432 905.438
201409 765.402 100.161 1,010.277
201412 750.662 100.225 990.191
201503 748.491 99.950 990.038
201506 715.037 99.995 945.366
201509 570.191 100.228 752.109
201512 509.529 100.276 671.772
201603 485.637 100.751 637.251
201606 459.168 101.019 600.919
201609 429.757 101.138 561.772
201612 287.137 102.022 372.089
201703 233.213 102.022 302.211
201706 207.449 102.752 266.913
201709 181.685 103.279 232.572
201712 218.234 103.793 277.974
201803 99.739 103.962 126.835
201806 81.685 104.875 102.973
201809 297.045 105.679 371.607
201812 292.818 105.912 365.513
201903 192.571 105.886 240.437
201906 190.105 106.742 235.456
201909 204.114 107.214 251.693
201912 200.649 107.766 246.153
202003 205.396 106.563 254.821
202006 186.850 107.498 229.796
202009 178.859 107.635 219.688
202012 158.609 108.296 193.627
202103 157.674 108.360 192.372
202106 157.648 108.928 191.337
202109 177.114 110.338 212.215
202112 135.904 112.486 159.729
202203 136.744 114.825 157.442
202206 155.225 118.384 173.348
202209 170.833 122.296 184.675
202212 156.468 126.365 163.699
202303 156.157 127.042 162.504
202306 161.703 129.407 165.200
202309 161.171 130.224 163.624
202312 143.286 131.912 143.605
202403 159.880 132.205 159.880

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.


Viking Supply Ships AB  (OSTO:VSSAB B) 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.


Viking Supply Ships AB Cyclically Adjusted PB Ratio Related Terms

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


Viking Supply Ships AB (OSTO:VSSAB B) Business Description

Traded in Other Exchanges
N/A
Address
Idrottsvagen 1, Stenungsund, SWE, 444 31
Viking Supply Ships AB offers offshore and icebreaking services to oil-prospecting customers in the North Sea, Arctic, and Subarctic waters. It operates in four segments: Ice-classed AHTS (Anchor Handling Tug Supply), Ice-classed PSV, Ice Management & Services, and Ship Management. The company's geographical segments are Denmark, Norway, Russia, Poland, the United Kingdom, the Netherlands, Cyprus, the USA, Sweden, and the Rest of the world. Geographically majority of revenue derives from the UK followed by Sweden.

Viking Supply Ships AB (OSTO:VSSAB B) Headlines

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