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Caspian Services (Caspian Services) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is Caspian Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Caspian Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Caspian Services'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.

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Caspian Services Cyclically Adjusted PB Ratio Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Cyclically Adjusted PB Ratio
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Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Caspian Services's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.


Caspian Services's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Caspian Services 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.

Caspian Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Caspian Services's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=-1.184/101.6881*101.6881
=-1.184

Current CPI (Jun. 2016) = 101.6881.

Caspian Services Quarterly Data

Book Value per Share CPI Adj_Book
200609 0.956 85.606 1.136
200612 0.966 85.142 1.154
200703 0.978 86.640 1.148
200706 1.020 87.906 1.180
200709 1.639 87.964 1.895
200712 1.516 88.616 1.740
200803 1.507 90.090 1.701
200806 1.491 92.320 1.642
200809 1.535 92.307 1.691
200812 1.509 88.697 1.730
200903 0.962 89.744 1.090
200906 1.041 91.003 1.163
200909 1.227 91.120 1.369
200912 1.206 91.111 1.346
201003 1.149 91.821 1.272
201006 1.047 91.962 1.158
201009 0.688 92.162 0.759
201012 0.669 92.474 0.736
201103 0.655 94.283 0.706
201106 0.585 95.235 0.625
201109 0.502 95.727 0.533
201112 0.411 95.213 0.439
201203 0.349 96.783 0.367
201206 0.290 96.819 0.305
201209 0.219 97.633 0.228
201212 0.158 96.871 0.166
201303 0.122 98.209 0.126
201306 0.055 98.518 0.057
201309 -0.012 98.790 -0.012
201312 -0.025 98.326 -0.026
201403 -0.285 99.695 -0.291
201406 -0.317 100.560 -0.321
201409 -0.414 100.428 -0.419
201412 -0.458 99.070 -0.470
201503 -0.575 99.621 -0.587
201506 -0.641 100.684 -0.647
201509 -0.958 100.392 -0.970
201512 -1.103 99.792 -1.124
201603 -1.160 100.470 -1.174
201606 -1.184 101.688 -1.184

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.


Caspian Services  (OTCPK:CSSV) 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.


Caspian Services Cyclically Adjusted PB Ratio Related Terms

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Caspian Services (Caspian Services) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.
Executives
Bakhytbek R Baiseitov 10 percent owner 291/21, DOSKYK AVE,, ALMATY 1P 050020
Mark Donegan 10 percent owner STIRLING SQUARE, 7 CARLTON GARDENS, LONDON X0 SW1Y 5AD
Mirgali Kunayev director, 10 percent owner C/O LERNER & KAPLAN PLLC, 4121 18TH AVENUE, BROOKLYN NY 11218

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