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Civeo (CVEO) Cyclically Adjusted Book per Share : $41.21 (As of Mar. 2025)


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What is Civeo 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.

Civeo's adjusted book value per share for the three months ended in Mar. 2025 was $16.301. 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 $41.21 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Civeo's average Cyclically Adjusted Book Growth Rate was -23.30% 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.

As of today (2025-05-17), Civeo's current stock price is $21.15. Civeo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $41.21. Civeo's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Civeo was 0.63. The lowest was 0.28. And the median was 0.46.


Civeo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Civeo'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.

Civeo Cyclically Adjusted Book per Share Chart

Civeo 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 - - 65.07 58.34 43.06

Civeo Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 53.73 49.69 45.83 43.06 41.21

Competitive Comparison of Civeo's Cyclically Adjusted Book per Share

For the Lodging subindustry, Civeo'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.


Civeo's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Civeo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Civeo 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, Civeo's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=16.301/134.9266*134.9266
=16.301

Current CPI (Mar. 2025) = 134.9266.

Civeo Quarterly Data

Book Value per Share CPI Adj_Book
201506 84.267 100.684 112.926
201509 63.562 100.392 85.428
201512 62.890 99.792 85.032
201603 63.165 100.470 84.827
201606 60.489 101.688 80.261
201609 57.037 101.861 75.552
201612 52.777 101.863 69.908
201703 48.959 102.862 64.221
201706 48.268 103.349 63.016
201709 47.696 104.136 61.799
201712 43.209 104.011 56.052
201803 37.313 105.290 47.816
201806 37.156 106.317 47.155
201809 36.247 106.507 45.919
201812 34.650 105.998 44.107
201903 32.930 107.251 41.428
201906 32.053 108.070 40.019
201909 31.698 108.329 39.481
201912 30.574 108.420 38.049
202003 16.727 108.902 20.724
202006 19.314 108.767 23.959
202009 20.643 109.815 25.363
202012 22.136 109.897 27.178
202103 21.199 111.754 25.595
202106 21.084 114.631 24.817
202109 20.289 115.734 23.654
202112 21.229 117.630 24.351
202203 21.744 121.301 24.186
202206 21.005 125.017 22.670
202209 19.682 125.227 21.207
202212 19.723 125.222 21.252
202303 19.185 127.348 20.327
202306 19.657 128.729 20.603
202309 19.642 129.860 20.408
202312 21.810 129.419 22.738
202403 20.335 131.776 20.821
202406 20.688 132.554 21.058
202409 20.355 133.029 20.645
202412 17.312 133.157 17.542
202503 16.301 134.927 16.301

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


Civeo  (NYSE:CVEO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.15/41.21
=0.51

* 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 Civeo was 0.63. The lowest was 0.28. And the median was 0.46.


Be Aware

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


Civeo Cyclically Adjusted Book per Share Related Terms

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


Civeo Business Description

Industry
Traded in Other Exchanges
Address
333 Clay Street, Three Allen Center, Suite 4400, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatments, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.
Executives
Allan Schoening officer: See Remarks 333 CLAY STREET, #4980, HOUSTON TX 77002
Peter Mccann officer: Sr. Vice President, Australia 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Moore Constance B director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Lance Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Martin Lambert director 333 CLAY STREET, STE 4980, HOUSTON TX 77002
Jagdish Grewal director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77065
Michael Montelongo director 203 EAST MAIN STREET, SPARTANBURG SC 29319
Bradley J Dodson director, officer: President, CEO, and Director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Barclay Brewer officer: Vice President and Controller 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Ronald Gilbertson director 333 CLAY STREET, HOUSTON TX 77002
Tammy Torgerson 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Torgerson Family Trust 10 percent owner 596 MCCLURE ROAD, KELOWNA A1 V1W 1H3
Timothy O Wall director 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Frank Steininger officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Mike Ridley officer: See Remarks 333 CLAY STREET, SUITE 4980, HOUSTON TX 77002