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Aker BP ASA (FRA:ARC) Cyclically Adjusted Book per Share : €9.64 (As of Mar. 2025)


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What is Aker BP ASA 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.

Aker BP ASA's adjusted book value per share for the three months ended in Mar. 2025 was €18.455. 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 €9.64 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Aker BP ASA's average Cyclically Adjusted Book Growth Rate was 23.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 22.10% 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 Aker BP ASA was 30.20% per year. The lowest was 7.70% per year. And the median was 15.60% per year.

As of today (2025-05-29), Aker BP ASA's current stock price is €20.53. Aker BP ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €9.64. Aker BP ASA's Cyclically Adjusted PB Ratio of today is 2.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aker BP ASA was 9.59. The lowest was 1.94. And the median was 5.41.


Aker BP ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aker BP ASA'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.

Aker BP ASA Cyclically Adjusted Book per Share Chart

Aker BP ASA 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 3.99 4.77 5.99 7.48 8.72

Aker BP ASA 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 7.77 8.35 8.33 8.72 9.64

Competitive Comparison of Aker BP ASA's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Aker BP ASA'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.


Aker BP ASA's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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Aker BP ASA 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, Aker BP ASA'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)
=18.455/136.1000*136.1000
=18.455

Current CPI (Mar. 2025) = 136.1000.

Aker BP ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.908 100.100 3.954
201509 2.178 100.600 2.947
201512 1.536 100.900 2.072
201603 1.645 102.500 2.184
201606 1.658 103.800 2.174
201609 6.803 104.200 8.886
201612 6.875 104.400 8.963
201703 6.797 105.000 8.810
201706 6.465 105.800 8.317
201709 5.829 105.900 7.491
201712 7.013 106.100 8.996
201803 7.005 107.300 8.885
201806 7.285 108.500 9.138
201809 7.336 109.500 9.118
201812 7.265 109.800 9.005
201903 6.880 110.400 8.482
201906 6.554 110.600 8.065
201909 6.161 111.100 7.547
201912 5.917 111.300 7.235
202003 4.563 111.200 5.585
202006 4.722 112.100 5.733
202009 4.554 112.900 5.490
202012 4.536 112.900 5.468
202103 4.643 114.600 5.514
202106 4.686 115.300 5.531
202109 5.033 117.500 5.830
202112 5.404 118.900 6.186
202203 6.834 119.800 7.764
202206 18.062 122.600 20.051
202209 18.371 125.600 19.907
202212 18.569 125.900 20.073
202303 18.135 127.600 19.343
202306 17.993 130.400 18.780
202309 18.614 129.800 19.517
202312 17.957 131.900 18.529
202403 18.252 132.600 18.734
202406 18.681 133.800 19.002
202409 17.821 133.700 18.141
202412 19.202 134.800 19.387
202503 18.455 136.100 18.455

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


Aker BP ASA  (FRA:ARC) 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.

Aker BP ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20.53/9.64
=2.13

* 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 Aker BP ASA was 9.59. The lowest was 1.94. And the median was 5.41.


Be Aware

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


Aker BP ASA Cyclically Adjusted Book per Share Related Terms

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


Aker BP ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (FRA:ARC) » Definitions » Cyclically Adjusted Book per Share
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, Johan Sverdrup, Ula and Valhall. The company generates revenue from the sale of liquids, sale of gas, and Tariff income, out of which the majority revenue is derived from sale of liquids.