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Dolphin Drilling AS (STU:L33) Cyclically Adjusted Book per Share : €20.05 (As of Dec. 2024)


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What is Dolphin Drilling AS 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.

Dolphin Drilling AS's adjusted book value per share for the three months ended in Dec. 2024 was €0.271. 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 €20.05 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Dolphin Drilling AS's average Cyclically Adjusted Book Growth Rate was -32.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -16.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.40% 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 Dolphin Drilling AS was -0.20% per year. The lowest was -16.60% per year. And the median was -1.90% per year.

As of today (2025-05-25), Dolphin Drilling AS's current stock price is €0.036. Dolphin Drilling AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €20.05. Dolphin Drilling AS's Cyclically Adjusted PB Ratio of today is 0.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dolphin Drilling AS was 0.27. The lowest was 0.01. And the median was 0.02.


Dolphin Drilling AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dolphin Drilling AS'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.

Dolphin Drilling AS Cyclically Adjusted Book per Share Chart

Dolphin Drilling AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 42.51 33.39 20.05

Dolphin Drilling AS Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec21 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 33.39 29.59 27.68 23.51 20.05

Competitive Comparison of Dolphin Drilling AS's Cyclically Adjusted Book per Share

For the Oil & Gas Drilling subindustry, Dolphin Drilling AS'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.


Dolphin Drilling AS's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dolphin Drilling AS's Cyclically Adjusted PB Ratio falls into.


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Dolphin Drilling AS 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, Dolphin Drilling AS'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)
=0.271/134.8000*134.8000
=0.271

Current CPI (Dec. 2024) = 134.8000.

Dolphin Drilling AS Quarterly Data

Book Value per Share CPI Adj_Book
201109 119.717 93.400 172.782
201112 129.861 93.400 187.423
201203 140.245 94.100 200.904
201206 135.294 93.700 194.639
201209 15.920 93.900 22.854
201212 15.665 94.700 22.298
201303 16.678 95.400 23.566
201306 14.859 95.700 20.930
201309 15.725 96.400 21.989
201312 15.830 96.600 22.090
201403 15.932 97.300 22.072
201406 13.798 97.500 19.077
201409 14.449 98.500 19.774
201412 16.008 98.600 21.885
201503 19.194 99.200 26.082
201506 14.109 100.100 19.000
201509 14.369 100.600 19.254
201512 13.376 100.900 17.870
201603 13.557 102.500 17.829
201606 11.891 103.800 15.442
201609 11.476 104.200 14.846
201612 12.207 104.400 15.762
201703 11.666 105.000 14.977
201706 9.450 105.800 12.040
201709 8.360 105.900 10.641
201712 7.566 106.100 9.613
201803 6.761 107.300 8.494
201806 4.454 108.500 5.534
201809 3.132 109.500 3.856
201812 0.910 109.800 1.117
202112 59.758 118.900 67.749
202212 5.614 125.900 6.011
202303 4.336 127.600 4.581
202306 4.122 130.400 4.261
202309 0.545 129.800 0.566
202312 0.456 131.900 0.466
202403 0.300 132.600 0.305
202406 0.364 133.800 0.367
202409 0.263 133.700 0.265
202412 0.271 134.800 0.271

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


Dolphin Drilling AS  (STU:L33) 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.

Dolphin Drilling AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.036/20.05
=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 Dolphin Drilling AS was 0.27. 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.


Dolphin Drilling AS Cyclically Adjusted Book per Share Related Terms

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


Dolphin Drilling AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dolphin Drilling AS (STU:L33) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Vestre Svanholmen 12, Sandnes, NOR, N-4313
Dolphin Drilling AS along with its subsidiaries provides exploration and development services to the oil and gas industry. The company operates in one segment, providing drilling services to the offshore oil and gas industry. The company generates the majority of its revenue from Nigeria.

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