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Philly Shipyard ASA (OSL:PHLY) Cyclically Adjusted Book per Share : kr79.48 (As of Dec. 2024)


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What is Philly Shipyard 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.

Philly Shipyard ASA's adjusted book value per share for the three months ended in Dec. 2024 was kr89.288. 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 kr79.48 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Philly Shipyard ASA's average Cyclically Adjusted Book Growth Rate was -9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Philly Shipyard ASA was 4.60% per year. The lowest was -2.20% per year. And the median was 3.20% per year.

As of today (2025-05-29), Philly Shipyard ASA's current stock price is kr11.80. Philly Shipyard ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr79.48. Philly Shipyard ASA's Cyclically Adjusted PB Ratio of today is 0.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Philly Shipyard ASA was 1.08. The lowest was 0.13. And the median was 0.60.


Philly Shipyard ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Philly Shipyard 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.

Philly Shipyard ASA Cyclically Adjusted Book per Share Chart

Philly Shipyard 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 80.74 84.89 89.90 88.26 79.48

Philly Shipyard 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 88.26 85.49 83.39 79.43 79.48

Competitive Comparison of Philly Shipyard ASA's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, Philly Shipyard 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.


Philly Shipyard ASA's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Philly Shipyard ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Philly Shipyard 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, Philly Shipyard 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)
=89.288/134.8000*134.8000
=89.288

Current CPI (Dec. 2024) = 134.8000.

Philly Shipyard ASA Quarterly Data

Book Value per Share CPI Adj_Book
201503 89.474 99.200 121.584
201506 86.639 100.100 116.673
201509 93.532 100.600 125.329
201512 103.028 100.900 137.643
201603 99.608 102.500 130.997
201606 70.249 103.800 91.229
201609 50.631 104.200 65.500
201612 64.617 104.400 83.433
201703 74.188 105.000 95.243
201706 75.316 105.800 95.960
201709 80.855 105.900 102.920
201712 106.876 106.100 135.786
201803 97.609 107.300 122.625
201806 100.476 108.500 124.831
201809 81.184 109.500 99.942
201812 79.422 109.800 97.505
201903 76.845 110.400 93.829
201906 75.078 110.600 91.506
201909 71.623 111.100 86.902
201912 68.020 111.300 82.382
202003 83.475 111.200 101.191
202006 79.048 112.100 95.055
202009 70.827 112.900 84.566
202012 66.767 112.900 79.718
202103 61.659 114.600 72.527
202106 57.949 115.300 67.750
202109 58.852 117.500 67.517
202112 63.392 118.900 71.869
202203 64.934 119.800 73.064
202206 74.147 122.600 81.525
202209 69.829 125.600 74.944
202212 60.198 125.900 64.453
202303 48.277 127.600 51.001
202306 37.361 130.400 38.622
202309 21.878 129.800 22.721
202312 5.084 131.900 5.196
202403 -2.279 132.600 -2.317
202406 -9.732 133.800 -9.805
202409 -51.060 133.700 -51.480
202412 89.288 134.800 89.288

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


Philly Shipyard ASA  (OSL:PHLY) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.80/79.48
=0.15

* 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 Philly Shipyard ASA was 1.08. The lowest was 0.13. And the median was 0.60.


Be Aware

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


Philly Shipyard ASA Cyclically Adjusted Book per Share Related Terms

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


Philly Shipyard ASA Business Description

Traded in Other Exchanges
Address
Vika Atrium, Munkedamsveien 45, Oslo, NOR, NO-0250
Philly Shipyard ASA operates as a commercial shipyard that constructs vessels for operation in the Jones Act market. It is engaged in delivering vessels and services under contract to customers.

Philly Shipyard ASA Headlines

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