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Philly Shipyard ASA (FRA:65I) Cyclically Adjusted PB Ratio : 0.15 (As of Jun. 01, 2025)


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What is Philly Shipyard ASA Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Philly Shipyard ASA's current share price is €1.015. Philly Shipyard ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €6.73. Philly Shipyard ASA's Cyclically Adjusted PB Ratio for today is 0.15.

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

FRA:65I' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.6   Max: 1.08
Current: 0.15

During the past years, Philly Shipyard ASA's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.13. And the median was 0.60.

FRA:65I's Cyclically Adjusted PB Ratio is ranked better than
97.07% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.88 vs FRA:65I: 0.15

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.

Philly Shipyard ASA's adjusted book value per share data for the three months ended in Dec. 2024 was €7.600. 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 €6.73 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philly Shipyard ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Philly Shipyard 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.

Philly Shipyard ASA Cyclically Adjusted PB Ratio Chart

Philly Shipyard ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.65 0.51 0.59 0.93

Philly Shipyard ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.59 0.40 0.80 0.80 0.93

Competitive Comparison of Philly Shipyard ASA's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Philly Shipyard 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.


Philly Shipyard ASA's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Philly Shipyard ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Philly Shipyard 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.015/6.73
=0.15

* 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.

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

For example, Philly Shipyard ASA'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)
=7.6/134.8000*134.8000
=7.600

Current CPI (Dec. 2024) = 134.8000.

Philly Shipyard ASA Quarterly Data

Book Value per Share CPI Adj_Book
201503 10.340 99.200 14.051
201506 9.883 100.100 13.309
201509 10.059 100.600 13.479
201512 10.875 100.900 14.529
201603 10.554 102.500 13.880
201606 7.527 103.800 9.775
201609 5.504 104.200 7.120
201612 7.155 104.400 9.238
201703 8.155 105.000 10.469
201706 7.924 105.800 10.096
201709 8.655 105.900 11.017
201712 10.858 106.100 13.795
201803 10.188 107.300 12.799
201806 10.605 108.500 13.176
201809 8.437 109.500 10.386
201812 8.093 109.800 9.936
201903 7.901 110.400 9.647
201906 7.697 110.600 9.381
201909 7.222 111.100 8.763
201912 6.784 111.300 8.216
202003 7.377 111.200 8.943
202006 7.363 112.100 8.854
202009 6.563 112.900 7.836
202012 6.303 112.900 7.526
202103 6.084 114.600 7.156
202106 5.710 115.300 6.676
202109 5.778 117.500 6.629
202112 6.247 118.900 7.082
202203 6.674 119.800 7.510
202206 7.196 122.600 7.912
202209 6.848 125.600 7.350
202212 5.752 125.900 6.159
202303 4.281 127.600 4.523
202306 3.194 130.400 3.302
202309 1.911 129.800 1.985
202312 0.442 131.900 0.452
202403 -0.198 132.600 -0.201
202406 -0.852 133.800 -0.858
202409 -4.331 133.700 -4.367
202412 7.600 134.800 7.600

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.


Philly Shipyard ASA  (FRA:65I) 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.


Philly Shipyard ASA Cyclically Adjusted PB Ratio Related Terms

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


Philly Shipyard ASA Business Description

Traded in Other Exchanges
Address
Vika Atrium, Munkedamsveien 45, Oslo, NOR, NO-0250
Philly Shipyard ASA operates as a commercial shipyard that constructs vessels for operation in the Jones Act market. It is engaged in delivering vessels and services under contract to customers.

Philly Shipyard ASA Headlines

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