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CMB.Tech NV (FRA:OCW) Cyclically Adjusted Book per Share : €11.49 (As of Mar. 2025)


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What is CMB.Tech NV 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.

CMB.Tech NV's adjusted book value per share for the three months ended in Mar. 2025 was €6.098. 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 €11.49 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CMB.Tech NV's average Cyclically Adjusted Book Growth Rate was -2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.60% 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 CMB.Tech NV was 1.50% per year. The lowest was -5.20% per year. And the median was -0.40% per year.

As of today (2025-07-19), CMB.Tech NV's current stock price is €8.00. CMB.Tech NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €11.49. CMB.Tech NV's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CMB.Tech NV was 1.69. The lowest was 0.48. And the median was 0.80.


CMB.Tech NV Cyclically Adjusted Book per Share Historical Data

The historical data trend for CMB.Tech NV'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.

CMB.Tech NV Cyclically Adjusted Book per Share Chart

CMB.Tech NV 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 10.99 10.60 11.48 11.38 10.76

CMB.Tech NV 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 11.39 11.57 11.21 10.76 11.49

Competitive Comparison of CMB.Tech NV's Cyclically Adjusted Book per Share

For the Oil & Gas Midstream subindustry, CMB.Tech NV'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.


CMB.Tech NV's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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


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CMB.Tech NV 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, CMB.Tech NV'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)
=6.098/134.3475*134.3475
=6.098

Current CPI (Mar. 2025) = 134.3475.

CMB.Tech NV Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.213 100.107 13.706
201509 10.070 100.245 13.496
201512 10.989 100.572 14.679
201603 11.368 101.653 15.024
201606 10.758 102.267 14.133
201609 10.314 102.118 13.569
201612 11.316 102.614 14.816
201703 11.366 103.972 14.687
201706 10.490 103.902 13.564
201709 9.690 104.170 12.497
201712 9.864 104.804 12.645
201803 6.687 105.419 8.522
201806 9.134 106.063 11.570
201809 8.880 106.618 11.190
201812 9.082 107.252 11.376
201903 9.234 107.876 11.500
201906 9.016 107.896 11.226
201909 9.109 107.470 11.387
201912 9.674 108.065 12.027
202003 10.660 108.550 13.193
202006 10.700 108.540 13.244
202009 10.016 108.441 12.409
202012 9.422 108.511 11.665
202103 9.330 109.522 11.445
202106 8.823 110.305 10.746
202109 8.542 111.543 10.288
202112 8.603 114.705 10.076
202203 8.699 118.620 9.852
202206 9.001 120.948 9.998
202209 9.733 124.120 10.535
202212 10.168 126.578 10.792
202303 10.818 126.528 11.487
202306 9.783 125.973 10.433
202309 9.712 127.083 10.267
202312 10.689 128.292 11.194
202403 9.162 130.552 9.428
202406 5.868 130.691 6.032
202409 5.112 130.968 5.244
202412 5.863 132.346 5.952
202503 6.098 134.348 6.098

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


CMB.Tech NV  (FRA:OCW) 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.

CMB.Tech NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.00/11.49
=0.70

* 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 CMB.Tech NV was 1.69. The lowest was 0.48. And the median was 0.80.


Be Aware

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


CMB.Tech NV Cyclically Adjusted Book per Share Related Terms

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


CMB.Tech NV Business Description

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Address
De Gerlachekaai 20, Antwerpen, BEL, 2000
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue.

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