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ACGYF (Subsea 7) Cyclically Adjusted Book per Share : $14.42 (As of Dec. 2024)


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What is Subsea 7 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.

Subsea 7's adjusted book value per share for the three months ended in Dec. 2024 was $14.378. 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 $14.42 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Subsea 7's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 Subsea 7 was 23.50% per year. The lowest was -8.60% per year. And the median was 8.20% per year.

As of today (2025-04-14), Subsea 7's current stock price is $16.00. Subsea 7's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $14.42. Subsea 7's Cyclically Adjusted PB Ratio of today is 1.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Subsea 7 was 1.64. The lowest was 0.37. And the median was 0.90.


Subsea 7 Cyclically Adjusted Book per Share Historical Data

The historical data trend for Subsea 7'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.

Subsea 7 Cyclically Adjusted Book per Share Chart

Subsea 7 Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.59 15.65 15.14 15.83 14.42

Subsea 7 Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 15.83 11.97 14.73 15.88 14.42

Competitive Comparison of Subsea 7's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Subsea 7'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.


Subsea 7's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Subsea 7's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Subsea 7's Cyclically Adjusted PB Ratio falls into.


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Subsea 7 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, Subsea 7's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=14.378/122.4300*122.4300
=14.378

Current CPI (Dec. 2024) = 122.4300.

Subsea 7 Quarterly Data

Book Value per Share CPI Adj_Book
201503 17.085 99.980 20.921
201506 17.791 100.640 21.643
201509 17.917 100.380 21.853
201512 16.512 99.910 20.234
201603 16.793 100.030 20.554
201606 16.975 100.660 20.646
201609 17.388 100.750 21.130
201612 17.136 101.040 20.764
201703 17.384 101.780 20.911
201706 17.283 102.170 20.710
201709 17.873 102.520 21.344
201712 18.047 102.410 21.575
201803 18.299 102.900 21.772
201806 17.579 103.650 20.764
201809 17.726 104.580 20.752
201812 17.809 104.320 20.901
201903 18.054 105.140 21.023
201906 18.097 105.550 20.991
201909 18.120 105.900 20.948
201912 17.834 106.080 20.583
202003 17.538 106.040 20.249
202006 14.516 106.340 16.712
202009 14.431 106.620 16.571
202012 14.203 106.670 16.301
202103 14.253 108.140 16.136
202106 14.006 108.680 15.778
202109 14.104 109.470 15.774
202112 14.160 111.090 15.605
202203 14.148 114.780 15.091
202206 14.059 116.750 14.743
202209 13.809 117.000 14.450
202212 14.202 117.060 14.854
202303 14.538 118.910 14.968
202306 14.312 120.460 14.546
202309 14.370 121.740 14.451
202312 14.388 121.170 14.538
202403 14.444 122.590 14.425
202406 14.126 123.120 14.047
202409 14.478 123.300 14.376
202412 14.378 122.430 14.378

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


Subsea 7  (OTCPK:ACGYF) 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.

Subsea 7's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.00/14.42
=1.11

* 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 Subsea 7 was 1.64. The lowest was 0.37. And the median was 0.90.


Be Aware

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


Subsea 7 Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Subsea 7's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Subsea 7 Business Description

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Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. Its recent foray into the renewables space, particularly offshore wind farms, requires equipment and expertise similar to offshore oil and gas developments.

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