Tidewater (MEX:TDW) Cyclically Adjusted Book per Share: MXN827.35 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:TDW Tidewater Inc MEX:TDW
76 GF Score
Price MXN1,725.00
GF Value MXN1,453.26
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tidewater Cyclically Adjusted Book per Share?

Tidewater MEX:TDW 76 Cyclically Adjusted Book per Share is MXN827.35 as of Jun. 2026. GuruFocus rates MEX:TDW with a GF Score™ of 76/100 and a GF Value™ of MXN1,453.26 (Modestly Overvalued). The stock has 7 warning signs investors should review.

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 Jun. 2026 was MXN488.580. 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 MXN827.35 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Tidewater's average Cyclically Adjusted Book Growth Rate was -25.20% 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.

As of today (2026-09-13), Tidewater's current stock price is MXN1725.00. Tidewater's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN827.35. Tidewater's Cyclically Adjusted PB Ratio of today is 2.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tidewater was 2.21. The lowest was 0.56. And the median was 0.97.


Tidewater  (MEX:TDW) 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
=1725.00/827.35
=2.08

* 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 2.21. The lowest was 0.56. And the median was 0.97.


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


Tidewater Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Tidewater Cyclically Adjusted Book per Share Chart

Tidewater Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1,244.65 1,316.80 910.77

Tidewater Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,131.39 1,031.63 910.77 828.37 827.35

MEX:TDW vs OII, USAC, WBI: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


MEX:TDW
76GF Score
Tidewater Inc MEX:TDW
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=488.58/333.9520*333.9520
=488.580

Current CPI (Jun. 2026) = 333.9520.

Tidewater Quarterly Data

Book Value per Share CPI Adj_Book
201603 2,144.773 238.132 3,007.791
201606 2,217.002 241.018 3,071.855
201609 2,132.403 241.428 2,949.617
201703 1,667.960 243.801 2,284.726
201706 1,087.993 244.955 1,483.282
201709 910.964 246.819 1,232.556
201803 744.580 249.554 996.393
201806 733.916 251.989 972.633
201809 657.739 252.439 870.124
201812 607.367 251.233 807.344
201903 584.375 254.202 767.709
201906 565.228 256.143 736.928
201909 542.844 256.759 706.047
201912 479.185 256.974 622.728
202003 580.879 258.115 751.548
202006 508.445 257.797 658.643
202009 465.308 260.280 597.013
202012 401.757 260.474 515.090
202103 395.334 264.877 498.430
202106 368.484 271.696 452.918
202109 365.640 274.310 445.139
202112 348.275 278.802 417.167
202203 329.032 287.504 382.189
202206 402.416 296.311 453.536
202209 366.287 296.808 412.126
202212 333.958 296.797 375.765
202303 309.987 301.836 342.970
202306 300.834 305.109 329.273
202309 340.443 307.789 369.382
202312 337.555 306.746 367.494
202403 332.490 312.332 355.505
202406 377.392 314.175 401.148
202409 420.164 315.301 445.018
202412 451.518 315.605 477.766
202503 448.021 319.799 467.849
202506 433.700 322.561 449.016
202509 422.952 324.800 434.870
202512 496.001 324.054 511.151
202603 496.167 330.213 501.785
202606 488.580 333.952 488.580

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

What does a Cyclically Adjusted Book per Share of MXN827.35 mean?
Tidewater (MEX:TDW) has a Cyclically Adjusted Book per Share of MXN827.35 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Tidewater and its competitors.
Is Tidewater's Cyclically Adjusted Book per Share too high?
Tidewater's current Cyclically Adjusted Book per Share is MXN827.35. Overall, Tidewater has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater's Cyclically Adjusted Book per Share compare to OII and USAC?
Tidewater's Cyclically Adjusted Book per Share of MXN827.35 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Tidewater and its competitors. Tidewater's current Cyclically Adjusted Book per Share is MXN827.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater stock overvalued right now?
Based on GuruFocus' analysis, Tidewater (MEX:TDW) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,453.26, compared to a current price of MXN1,725.00 — trading 18.7% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN827.35. Tidewater's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Tidewater (MEX:TDW), the current Cyclically Adjusted Book per Share is MXN827.35 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tidewater (MEX:TDW) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater stock appears to be overvalued. The current stock price of MXN1,725.00 is trading 18.7% above its estimated GF Value™ of MXN1,453.26. GuruFocus considers Tidewater to be Modestly Overvalued.

Key valuation signals for MEX:TDW:

  • Cyclically Adjusted Book per Share: MXN827.35
  • GF Value™: MXN1,453.26 vs. price of MXN1,725.00 (18.7% above fair value)
  • GF Score™: 76/100 with 7 warning signs

No single metric tells the full story. See the MEX:TDW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidewater Business Description

Industry EnergyOil & Gas
Other Exchanges TDW:USATD9:Germany
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.
76GF Score

Get the complete analysis for MEX:TDW

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,725.00
Price
MXN1,453.26
GF Value