GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cal Dive International Inc (OTCPK:CDVIQ) » Definitions » Cyclically Adjusted PB Ratio

CDVIQ (Cal Dive International) Cyclically Adjusted PB Ratio : (As of Sep. 25, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Cal Dive International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cal Dive International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cal Dive International'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.

Cal Dive International Cyclically Adjusted PB Ratio Chart

Cal Dive International Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cal Dive International Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - - - - -

Competitive Comparison of Cal Dive International's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Cal Dive International'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.


Cal Dive International's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cal Dive International's Cyclically Adjusted PB Ratio falls into.



Cal Dive International 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.

Cal Dive International's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, Cal Dive International's adjusted Book Value per Share data for the three months ended in Sep. 2014 was:

Adj_Book=Book Value per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=1.672/100.4278*100.4278
=1.672

Current CPI (Sep. 2014) = 100.4278.

Cal Dive International Quarterly Data

Book Value per Share CPI Adj_Book
200312 1.842 77.758 2.379
200503 0.000 81.555 0.000
200506 0.000 82.062 0.000
200509 0.000 83.876 0.000
200512 2.125 83.032 2.570
200603 3.437 84.298 4.095
200606 3.165 85.606 3.713
200609 3.264 85.606 3.829
200612 1.885 85.142 2.223
200703 2.237 86.640 2.593
200706 2.383 87.906 2.722
200709 2.839 87.964 3.241
200712 5.579 88.616 6.323
200803 5.602 90.090 6.245
200806 5.766 92.320 6.272
200809 6.233 92.307 6.781
200812 7.482 88.697 8.472
200903 6.743 89.744 7.546
200906 7.048 91.003 7.778
200909 7.428 91.120 8.187
200912 7.397 91.111 8.153
201003 7.215 91.821 7.891
201006 7.110 91.962 7.765
201009 4.128 92.162 4.498
201012 4.061 92.474 4.410
201103 3.894 94.283 4.148
201106 3.875 95.235 4.086
201109 3.531 95.727 3.704
201112 3.428 95.213 3.616
201203 3.197 96.783 3.317
201206 3.157 96.819 3.275
201209 3.026 97.633 3.113
201212 2.775 96.871 2.877
201303 2.606 98.209 2.665
201306 2.694 98.518 2.746
201309 2.552 98.790 2.594
201312 2.536 98.326 2.590
201403 2.378 99.695 2.395
201406 2.104 100.560 2.101
201409 1.672 100.428 1.672

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.


Cal Dive International  (OTCPK:CDVIQ) 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.


Cal Dive International Cyclically Adjusted PB Ratio Related Terms

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


Cal Dive International Business Description

Traded in Other Exchanges
N/A
Address
2500 CityWest Boulevard, Suite 2200, Houston, TX, USA, 77042
Cal Dive International Inc is a marine contracting company. It provides manned diving, pipelay and pipe burial, platform installation and salvage and light well intervention services to offshore oil and natural gas industry. The company operates in Gulf of Mexico, Outer continental shelf, northeastern U.S., Latin America, Southeast Asia, China, Australia, West Africa, the Middle East and Europe. It also owns diversified fleet of vessels including surface and saturation dive support vessels and construction barges. The firm generates majority of the revenues from the United States.
Executives
Lisa Manget Buchanan officer: EVP & General Counsel 2500 CITYWEST BOULEVARD SUITE 2200 HOUSTON TX 77042
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Brent D. Smith officer: Chief Financial Officer 2500 CITYWEST BOULEVARD, SUITE 2200, HOUSTON TX 77042
John T Mills director MARATHON OIL CORP, 5555 SAN FELIPE ROAD, HOUSTON TX 77056
Todd A Dittmann director C/O ANGELO, GORDON & CO., L.P., 712 MAIN STREET, SUITE 1300, HOUSTON TX 77002
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Owen E Kratz director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Bruce Koch officer: Chief Financial Officer NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
Martin R Ferron director 30 CHAMPIONS BLVD, HOUSTON TX 77069