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AMSC ASA (FRA:X5A) Cyclically Adjusted Book per Share : €2.54 (As of Dec. 2024)


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What is AMSC 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.

AMSC ASA's adjusted book value per share for the three months ended in Dec. 2024 was €2.329. 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 €2.54 for the trailing ten years ended in Dec. 2024.

During the past 12 months, AMSC ASA's average Cyclically Adjusted Book Growth Rate was -1.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.00% 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 AMSC ASA was 8.80% per year. The lowest was 5.10% per year. And the median was 7.40% per year.

As of today (2025-05-27), AMSC ASA's current stock price is €0.1104. AMSC ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €2.54. AMSC ASA's Cyclically Adjusted PB Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AMSC ASA was 0.18. The lowest was 0.05. And the median was 0.14.


AMSC ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for AMSC 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.

AMSC ASA Cyclically Adjusted Book per Share Chart

AMSC 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 2.22 2.54 2.76 2.60 2.54

AMSC ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.60 2.55 2.61 2.54 2.54

Competitive Comparison of AMSC ASA's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, AMSC 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.


AMSC ASA's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AMSC ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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AMSC 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, AMSC ASA's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.329/134.8000*134.8000
=2.329

Current CPI (Dec. 2024) = 134.8000.

AMSC ASA Quarterly Data

Book Value per Share CPI Adj_Book
201503 3.551 99.200 4.825
201506 3.411 100.100 4.593
201509 3.434 100.600 4.601
201512 3.313 100.900 4.426
201603 3.135 102.500 4.123
201606 3.092 103.800 4.015
201609 2.938 104.200 3.801
201612 3.089 104.400 3.988
201703 2.897 105.000 3.719
201706 2.663 105.800 3.393
201709 2.550 105.900 3.246
201712 2.572 106.100 3.268
201803 2.510 107.300 3.153
201806 2.597 108.500 3.227
201809 2.523 109.500 3.106
201812 2.579 109.800 3.166
201903 2.519 110.400 3.076
201906 2.423 110.600 2.953
201909 2.505 111.100 3.039
201912 2.394 111.300 2.899
202003 2.491 111.200 3.020
202006 2.347 112.100 2.822
202009 2.122 112.900 2.534
202012 2.144 112.900 2.560
202103 0.000 114.600 0.000
202106 2.181 115.300 2.550
202109 2.188 117.500 2.510
202112 2.140 118.900 2.426
202203 2.193 119.800 2.468
202206 2.325 122.600 2.556
202209 2.592 125.600 2.782
202212 2.294 125.900 2.456
202303 2.178 127.600 2.301
202306 2.121 130.400 2.193
202309 2.168 129.800 2.252
202312 1.412 131.900 1.443
202403 1.931 132.600 1.963
202406 2.190 133.800 2.206
202409 2.258 133.700 2.277
202412 2.329 134.800 2.329

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


AMSC ASA  (FRA:X5A) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1104/2.54
=0.04

* 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 AMSC ASA was 0.18. The lowest was 0.05. And the median was 0.14.


Be Aware

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


AMSC ASA Cyclically Adjusted Book per Share Related Terms

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


AMSC ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AMSC ASA (FRA:X5A) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Oksenoyveien 10, Building B, Lysaker, Baerum, NOR, 1366
AMSC ASA is a ship finance company focused on owning and bareboat chartering maritime assets. The company owns a fleet of nine modern handy size product tankers, one modern handy size shuttle tanker and an international subsea construction vessel. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow. Its one operating segment which is its investment into Solstad Maritime Holding AS.

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