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Prosafe SE (Prosafe SE) Cyclically Adjusted Book per Share : $36,757.30 (As of Mar. 2024)


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What is Prosafe SE 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.

Prosafe SE's adjusted book value per share for the three months ended in Mar. 2024 was $1.416. 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 $36,757.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prosafe SE's average Cyclically Adjusted Book Growth Rate was -23.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -13.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.60% 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 Prosafe SE was -5.90% per year. The lowest was -13.00% per year. And the median was -8.80% per year.

As of today (2024-05-23), Prosafe SE's current stock price is $4.95. Prosafe SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $36,757.30. Prosafe SE's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prosafe SE was 0.04. The lowest was 0.01. And the median was 0.02.


Prosafe SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prosafe SE'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.

Prosafe SE Cyclically Adjusted Book per Share Chart

Prosafe SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144,939.00 57,853.40 462,460.00 69,096.50 38,260.40

Prosafe SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 63,989.40 64,964.50 48,368.50 38,260.40 36,757.30

Competitive Comparison of Prosafe SE's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Prosafe SE'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.


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

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

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



Prosafe SE 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, Prosafe SE's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.416/132.6000*132.6000
=1.416

Current CPI (Mar. 2024) = 132.6000.

Prosafe SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 158,394.495 97.500 215,416.513
201409 166,651.376 98.500 224,344.898
201412 171,697.248 98.600 230,903.196
201503 170,894.495 99.200 228,433.569
201506 174,449.541 100.100 231,089.002
201509 178,233.945 100.600 234,928.639
201512 149,020.833 100.900 195,839.073
201603 142,187.500 102.500 183,942.073
201606 141,354.167 103.800 180,573.820
201609 13,390.526 104.200 17,040.151
201612 14,043.267 104.400 17,836.563
201703 13,851.318 105.000 17,492.236
201706 13,492.044 105.800 16,909.688
201709 5,325.541 105.900 6,668.241
201712 5,471.740 106.100 6,838.386
201803 5,327.420 107.300 6,583.559
201806 5,405.140 108.500 6,605.729
201809 4,592.424 109.500 5,561.237
201812 4,343.862 109.800 5,245.866
201903 4,042.114 110.400 4,854.930
201906 4,059.857 110.600 4,867.423
201909 153.980 111.100 183.778
201912 26.025 111.300 31.006
202003 -9,313.598 111.200 -11,105.963
202006 -9,752.765 112.100 -11,536.277
202009 -9,934.338 112.900 -11,667.788
202012 -10,209.903 112.900 -11,991.436
202103 -11,184.069 114.600 -12,940.729
202106 -10,586.158 115.300 -12,174.541
202109 -10,692.090 117.500 -12,066.137
202112 3.662 118.900 4.084
202203 2.552 119.800 2.825
202206 3.471 122.600 3.754
202209 4.368 125.600 4.611
202212 3.763 125.900 3.963
202303 1.665 127.600 1.730
202306 1.487 130.400 1.512
202309 1.010 129.800 1.032
202312 1.892 131.900 1.902
202403 1.416 132.600 1.416

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


Prosafe SE  (OTCPK:PRSEF) 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.

Prosafe SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.95/36757.3
=0.00

* 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 Prosafe SE was 0.04. The lowest was 0.01. And the median was 0.02.


Be Aware

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


Prosafe SE Cyclically Adjusted Book per Share Related Terms

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


Prosafe SE (Prosafe SE) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OTCPK:PRSEF) » Definitions » Cyclically Adjusted Book per Share
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Address
Forusparken 2, Stavanger, NOR, 4031
Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.

Prosafe SE (Prosafe SE) Headlines

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