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Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Cyclically Adjusted Book per Share : $3.55 (As of Mar. 2024)


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What is Schoeller-Bleckmann Oilfield Equipment AG 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.

Schoeller-Bleckmann Oilfield Equipment AG's adjusted book value per share for the three months ended in Mar. 2024 was $3.269. 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 $3.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Schoeller-Bleckmann Oilfield Equipment AG's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Schoeller-Bleckmann Oilfield Equipment AG was 5.90% per year. The lowest was 2.90% per year. And the median was 4.70% per year.

As of today (2024-06-22), Schoeller-Bleckmann Oilfield Equipment AG's current stock price is $4.21. Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.55. Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Schoeller-Bleckmann Oilfield Equipment AG was 4.32. The lowest was 0.78. And the median was 1.80.


Schoeller-Bleckmann Oilfield Equipment AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Schoeller-Bleckmann Oilfield Equipment AG'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.

Schoeller-Bleckmann Oilfield Equipment AG Cyclically Adjusted Book per Share Chart

Schoeller-Bleckmann Oilfield Equipment AG 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 2.87 3.39 3.58 2.79 3.61

Schoeller-Bleckmann Oilfield Equipment AG 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 3.44 2.97 2.84 3.61 3.55

Competitive Comparison of Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Schoeller-Bleckmann Oilfield Equipment AG'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.


Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted PB Ratio falls into.



Schoeller-Bleckmann Oilfield Equipment AG 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, Schoeller-Bleckmann Oilfield Equipment AG'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)
=3.269/133.7589*133.7589
=3.269

Current CPI (Mar. 2024) = 133.7589.

Schoeller-Bleckmann Oilfield Equipment AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.350 99.496 4.504
201409 3.519 99.586 4.727
201412 3.517 99.676 4.720
201503 3.472 99.992 4.644
201506 3.260 100.492 4.339
201509 3.193 100.292 4.259
201512 3.070 100.692 4.078
201603 2.919 100.692 3.878
201606 2.943 101.092 3.894
201609 2.868 101.192 3.791
201612 2.816 102.092 3.689
201703 2.786 102.592 3.632
201706 2.720 102.991 3.533
201709 2.230 103.591 2.879
201712 2.389 104.291 3.064
201803 2.440 104.491 3.123
201806 2.448 105.091 3.116
201809 2.616 105.691 3.311
201812 2.460 106.291 3.096
201903 2.733 106.391 3.436
201906 2.644 106.791 3.312
201909 2.766 106.991 3.458
201912 2.577 108.091 3.189
202003 2.626 108.024 3.252
202006 2.361 107.915 2.926
202009 2.265 108.348 2.796
202012 2.221 109.321 2.717
202103 2.283 110.186 2.771
202106 2.301 110.943 2.774
202109 2.353 111.916 2.812
202112 2.449 113.971 2.874
202203 2.524 117.647 2.870
202206 2.631 120.567 2.919
202209 2.763 123.811 2.985
202212 2.862 125.541 3.049
202303 2.933 128.460 3.054
202306 2.917 130.191 2.997
202309 3.025 131.272 3.082
202312 3.100 132.570 3.128
202403 3.269 133.759 3.269

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


Schoeller-Bleckmann Oilfield Equipment AG  (OTCPK:SBOEY) 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.

Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4.21/3.55
=1.19

* 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 Schoeller-Bleckmann Oilfield Equipment AG was 4.32. The lowest was 0.78. And the median was 1.80.


Be Aware

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


Schoeller-Bleckmann Oilfield Equipment AG Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Schoeller-Bleckmann Oilfield Equipment AG's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Business Description

Address
Hauptstrasse 2, Ternitz, AUT, A-2630
Schoeller-Bleckmann Oilfield Equipment AG, or SBO, provides high-precision components worldwide and supplies oilfield equipment for the oilfield services industry. The company focuses on non-magnetic drillstring components and high-tech downhole tools for the drilling and completion of directional and horizontal wells. Schoeller-Bleckmann also provides full-scale repair and maintenance services to its client base. Tools under SBO's high-precision segment are placed in a drill string to support drill bit steering based on real-time data gathered during drilling. Oilfield equipment segment products include non-magnetic drillstring components, drilling motors, circulation tools, and well-completion equipment.

Schoeller-Bleckmann Oilfield Equipment AG (Schoeller-Bleckmann Oilfield Equipment AG) Headlines