CSSV (Caspian Services) Cyclically Adjusted PB Ratio: (As of Jun. 25, 2026)


What is Caspian Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Caspian Services Cyclically Adjusted PB Ratio Historical Data

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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.

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
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.00 0.00 0.00 0.00 0.00

CSSV vs GLRI, TIRTZ, GLFH: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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)
=-1.184/241.0180*241.0180
=-1.184

Current CPI (Jun. 2016) = 241.0180.

Caspian Services Quarterly Data

Book Value per Share CPI Adj_Book
200609 0.785 202.900 0.932
200612 0.810 201.800 0.967
200703 0.830 205.352 0.974
200706 0.851 208.352 0.984
200709 1.489 208.490 1.721
200712 1.516 210.036 1.740
200803 1.507 213.528 1.701
200806 1.491 218.815 1.642
200809 1.535 218.783 1.691
200812 1.509 210.228 1.730
200903 0.962 212.709 1.090
200906 1.041 215.693 1.163
200909 1.227 215.969 1.369
200912 1.206 215.949 1.346
201003 1.149 217.631 1.272
201006 1.047 217.965 1.158
201009 0.688 218.439 0.759
201012 0.669 219.179 0.736
201103 0.655 223.467 0.706
201106 0.585 225.722 0.625
201109 0.502 226.889 0.533
201112 0.411 225.672 0.439
201203 0.349 229.392 0.367
201206 0.290 229.478 0.305
201209 0.219 231.407 0.228
201212 0.158 229.601 0.166
201303 0.122 232.773 0.126
201306 0.055 233.504 0.057
201309 -0.012 234.149 -0.012
201312 -0.025 233.049 -0.026
201403 -0.285 236.293 -0.291
201406 -0.317 238.343 -0.321
201409 -0.414 238.031 -0.419
201412 -0.458 234.812 -0.470
201503 -0.575 236.119 -0.587
201506 -0.641 238.638 -0.647
201509 -0.958 237.945 -0.970
201512 -1.103 236.525 -1.124
201603 -1.160 238.132 -1.174
201606 -1.184 241.018 -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 Business Description

Industry EnergyOil & Gas
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.