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Archer (Archer) Cyclically Adjusted Book per Share : $17.63 (As of Mar. 2024)


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What is Archer 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.

Archer's adjusted book value per share for the three months ended in Mar. 2024 was $2.701. 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 $17.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Archer's average Cyclically Adjusted Book Growth Rate was -33.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -33.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -24.20% 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 Archer was -15.10% per year. The lowest was -33.10% per year. And the median was -24.30% per year.

As of today (2024-05-25), Archer's current stock price is $2.94. Archer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $17.63. Archer's Cyclically Adjusted PB Ratio of today is 0.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Archer was 0.15. The lowest was 0.02. And the median was 0.06.


Archer Cyclically Adjusted Book per Share Historical Data

The historical data trend for Archer'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.

Archer Cyclically Adjusted Book per Share Chart

Archer 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 78.15 90.65 72.13 35.51 21.90

Archer 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 29.21 34.48 26.80 21.90 17.63

Competitive Comparison of Archer's Cyclically Adjusted Book per Share

For the Oil & Gas Drilling subindustry, Archer'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.


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

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

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



Archer 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, Archer'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)
=2.701/132.6000*132.6000
=2.701

Current CPI (Mar. 2024) = 132.6000.

Archer Quarterly Data

Book Value per Share CPI Adj_Book
201406 99.964 97.500 135.951
201409 101.859 98.500 137.122
201412 87.138 98.600 117.186
201503 84.759 99.200 113.297
201506 78.244 100.100 103.648
201509 70.250 100.600 92.596
201512 31.673 100.900 41.624
201603 25.160 102.500 32.548
201606 17.903 103.800 22.870
201609 13.267 104.200 16.883
201612 4.731 104.400 6.009
201703 0.000 105.000 0.000
201706 14.855 105.800 18.618
201709 0.000 105.900 0.000
201712 13.057 106.100 16.318
201803 13.431 107.300 16.598
201806 12.559 108.500 15.349
201809 13.138 109.500 15.910
201812 9.579 109.800 11.568
201903 9.592 110.400 11.521
201906 9.969 110.600 11.952
201909 6.293 111.100 7.511
201912 7.026 111.300 8.371
202003 0.000 111.200 0.000
202006 6.546 112.100 7.743
202009 6.182 112.900 7.261
202012 7.071 112.900 8.305
202103 7.408 114.600 8.572
202106 7.561 115.300 8.695
202109 6.639 117.500 7.492
202112 5.709 118.900 6.367
202203 6.663 119.800 7.375
202206 4.277 122.600 4.626
202209 3.412 125.600 3.602
202212 5.257 125.900 5.537
202303 3.363 127.600 3.495
202306 2.826 130.400 2.874
202309 2.763 129.800 2.823
202312 3.018 131.900 3.034
202403 2.701 132.600 2.701

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


Archer  (OTCPK:ARHVD) 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.

Archer's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.94/17.63
=0.17

* 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 Archer was 0.15. The lowest was 0.02. And the median was 0.06.


Be Aware

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


Archer Cyclically Adjusted Book per Share Related Terms

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


Archer (Archer) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OTCPK:ARHVD) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Sandnesveien 358, Sandnes, NOR, 4312
Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.

Archer (Archer) Headlines

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