GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (FRA:TD9) » Definitions » Cyclically Adjusted Book per Share

Tidewater (FRA:TD9) Cyclically Adjusted Book per Share : €56.55 (As of Mar. 2025)


View and export this data going back to 2017. Start your Free Trial

What is Tidewater 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.

Tidewater's adjusted book value per share for the three months ended in Mar. 2025 was €20.257. 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 €56.55 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tidewater's average Cyclically Adjusted Book Growth Rate was -20.10% 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.

As of today (2025-05-28), Tidewater's current stock price is €36.43. Tidewater's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €56.55. Tidewater's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tidewater was 1.43. The lowest was 0.56. And the median was 0.86.


Tidewater Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tidewater'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.

Tidewater Cyclically Adjusted Book per Share Chart

Tidewater Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 69.51 57.91

Tidewater 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 70.79 68.06 61.33 57.91 56.55

Competitive Comparison of Tidewater's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Tidewater'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.


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

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

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


;
;

Tidewater 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, Tidewater'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)
=20.257/134.9266*134.9266
=20.257

Current CPI (Mar. 2025) = 134.9266.

Tidewater Quarterly Data

Book Value per Share CPI Adj_Book
201406 108.336 100.560 145.361
201409 116.484 100.428 156.498
201503 123.885 99.621 167.790
201506 118.329 100.684 158.573
201509 115.770 100.392 155.595
201603 111.886 100.470 150.257
201606 106.693 101.688 141.567
201609 98.263 101.861 130.161
201703 82.827 102.862 108.646
201706 53.569 103.349 69.937
201709 42.115 104.136 54.568
201803 33.238 105.290 42.594
201806 31.972 106.317 40.576
201809 30.135 106.507 38.176
201812 27.190 105.998 34.611
201903 26.661 107.251 33.541
201906 26.041 108.070 32.513
201909 24.967 108.329 31.097
201912 22.867 108.420 28.458
202003 22.420 108.902 27.778
202006 19.561 108.767 24.266
202009 17.883 109.815 21.972
202012 16.602 109.897 20.383
202103 16.246 111.754 19.615
202106 15.364 114.631 18.084
202109 15.115 115.734 17.622
202112 15.025 117.630 17.234
202203 15.005 121.301 16.690
202206 18.923 125.017 20.423
202209 18.392 125.227 19.817
202212 16.170 125.222 17.423
202303 16.063 127.348 17.019
202306 16.196 128.729 16.976
202309 18.313 129.860 19.028
202312 18.236 129.419 19.012
202403 18.431 131.776 18.872
202406 19.137 132.554 19.480
202409 19.226 133.029 19.500
202412 20.675 133.157 20.950
202503 20.257 134.927 20.257

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


Tidewater  (FRA:TD9) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=36.43/56.55
=0.64

* 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 Tidewater was 1.43. The lowest was 0.56. And the median was 0.86.


Be Aware

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


Tidewater Cyclically Adjusted Book per Share Related Terms

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


Tidewater Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (FRA:TD9) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides marine and transportation services to the offshore energy industry. The company's vessels and associated services support all phases of offshore crude oil and natural gas (also referred to as oil and gas) exploration activities, field development, production, and maintenance, as well as windfarm development and maintenance. Its services include towing and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workovers, production activities, field abandonment, dismantlement, and restoration activities; and Others. The group manages its business through five segments including the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa.

Tidewater Headlines

No Headlines