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Oil States International (LTS:0A63) Cyclically Adjusted Book per Share : $21.68 (As of Dec. 2024)


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What is Oil States International 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.

Oil States International's adjusted book value per share for the three months ended in Dec. 2024 was $11.069. 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 $21.68 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Oil States International's average Cyclically Adjusted Book Growth Rate was -9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.20% 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 Oil States International was 19.70% per year. The lowest was -11.00% per year. And the median was 2.10% per year.

As of today (2025-03-03), Oil States International's current stock price is $5.20. Oil States International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $21.68. Oil States International's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Oil States International was 1.53. The lowest was 0.06. And the median was 0.33.


Oil States International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oil States International'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.

Oil States International Cyclically Adjusted Book per Share Chart

Oil States International 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 - 31.51 27.76 23.83 21.68

Oil States International 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 23.83 22.83 22.20 22.08 21.68

Competitive Comparison of Oil States International's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Oil States International'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.


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

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

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



Oil States International 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, Oil States International'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)
=11.069/133.1571*133.1571
=11.069

Current CPI (Dec. 2024) = 133.1571.

Oil States International Quarterly Data

Book Value per Share CPI Adj_Book
201503 24.574 99.621 32.846
201506 24.867 100.684 32.887
201509 24.695 100.392 32.755
201512 24.644 99.792 32.884
201603 24.198 100.470 32.070
201606 23.902 101.688 31.299
201609 23.685 101.861 30.962
201612 23.442 101.863 30.644
201703 23.042 102.862 29.828
201706 22.908 103.349 29.515
201709 22.828 104.136 29.190
201712 22.171 104.011 28.384
201803 24.284 105.290 30.711
201806 24.185 106.317 30.291
201809 24.168 106.507 30.215
201812 24.008 105.998 30.159
201903 23.619 107.251 29.324
201906 23.474 108.070 28.923
201909 22.914 108.329 28.166
201912 20.231 108.420 24.847
202003 13.170 108.902 16.103
202006 12.762 108.767 15.624
202009 12.524 109.815 15.186
202012 12.419 109.897 15.048
202103 11.948 111.754 14.236
202106 11.758 114.631 13.658
202109 11.479 115.734 13.207
202112 11.337 117.630 12.834
202203 11.118 121.301 12.205
202206 10.840 125.017 11.546
202209 10.550 125.227 11.218
202212 10.791 125.222 11.475
202303 10.824 127.348 11.318
202306 10.924 128.729 11.300
202309 10.931 129.860 11.209
202312 11.106 129.419 11.427
202403 10.781 131.776 10.894
202406 10.823 132.554 10.872
202409 10.851 133.029 10.861
202412 11.069 133.157 11.069

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


Oil States International  (LTS:0A63) 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.

Oil States International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.20/21.68
=0.24

* 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 Oil States International was 1.53. The lowest was 0.06. And the median was 0.33.


Be Aware

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


Oil States International Cyclically Adjusted Book per Share Related Terms

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


Oil States International Business Description

Industry
Traded in Other Exchanges
Address
Three Allen Center, 333 Clay Street, Suite 4620, Houston, TX, USA, 77002
Oil States International Inc is a provider of manufactured products and services to the energy, industrial and military sectors. Manufactured products include engineered capital equipment as well as products consumed in the drilling, well construction and production of oil and natural gas. The company sells its products and services to national oil and natural gas companies, oil and natural gas companies, onshore and offshore drilling companies and other oilfield services, defense and industrial companies. The company operates through three business segments, Offshore/Manufactured Products, Well Site Services and Downhole Technologies. It erns maximum revenue from Offshore/Manufactured Products.

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