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Bonheur ASA (Bonheur ASA) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 04, 2024)


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What is Bonheur ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Bonheur ASA's current share price is $27.10. Bonheur ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $24.06. Bonheur ASA's Cyclically Adjusted PB Ratio for today is 1.13.

The historical rank and industry rank for Bonheur ASA's Cyclically Adjusted PB Ratio or its related term are showing as below:

BNHUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.97   Max: 1.79
Current: 1.14

During the past years, Bonheur ASA's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.33. And the median was 0.97.

BNHUF's Cyclically Adjusted PB Ratio is ranked worse than
55.48% of 447 companies
in the Conglomerates industry
Industry Median: 0.97 vs BNHUF: 1.14

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.

Bonheur ASA's adjusted book value per share data for the three months ended in Mar. 2024 was $15.612. 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 $24.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bonheur ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bonheur ASA's Cyclically Adjusted PB Ratio 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.

Bonheur ASA Cyclically Adjusted PB Ratio Chart

Bonheur ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.08 1.61 1.31 1.13

Bonheur ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.06 1.18 1.04 1.13 1.13

Competitive Comparison of Bonheur ASA's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Bonheur 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.


Bonheur ASA's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bonheur ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bonheur ASA Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bonheur ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.10/24.06
=1.13

* 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.

Bonheur ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bonheur ASA'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)
=15.612/132.6000*132.6000
=15.612

Current CPI (Mar. 2024) = 132.6000.

Bonheur ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 36.101 97.500 49.097
201409 35.130 98.500 47.292
201412 33.690 98.600 45.307
201503 33.156 99.200 44.319
201506 34.885 100.100 46.211
201509 34.938 100.600 46.051
201512 32.351 100.900 42.515
201603 30.628 102.500 39.622
201606 27.471 103.800 35.093
201609 26.391 104.200 33.584
201612 25.983 104.400 33.001
201703 25.857 105.000 32.654
201706 24.804 105.800 31.087
201709 25.584 105.900 32.034
201712 24.067 106.100 30.078
201803 23.870 107.300 29.498
201806 22.337 108.500 27.298
201809 20.523 109.500 24.853
201812 17.261 109.800 20.845
201903 16.517 110.400 19.838
201906 16.159 110.600 19.373
201909 15.648 111.100 18.676
201912 14.742 111.300 17.563
202003 14.243 111.200 16.984
202006 14.986 112.100 17.727
202009 12.899 112.900 15.150
202012 12.042 112.900 14.143
202103 11.254 114.600 13.022
202106 13.030 115.300 14.985
202109 11.930 117.500 13.463
202112 12.100 118.900 13.494
202203 12.133 119.800 13.429
202206 11.021 122.600 11.920
202209 12.216 125.600 12.897
202212 13.610 125.900 14.334
202303 14.201 127.600 14.757
202306 14.561 130.400 14.807
202309 14.376 129.800 14.686
202312 14.882 131.900 14.961
202403 15.612 132.600 15.612

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


Bonheur ASA  (OTCPK:BNHUF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bonheur ASA Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bonheur ASA's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bonheur ASA (Bonheur ASA) Business Description

Industry
Traded in Other Exchanges
Address
Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107
Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. It provides services through four segments, namely, Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is engaged in the development, construction, and operation of wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, and The other investments segment has investments within media, real estate, bonds and shares.

Bonheur ASA (Bonheur ASA) Headlines

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