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Odfjell SE (FRA:O7F1) Cyclically Adjusted PB Ratio : 1.25 (As of Dec. 15, 2024)


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What is Odfjell SE Cyclically Adjusted PB Ratio?

As of today (2024-12-15), Odfjell SE's current share price is €8.84. Odfjell SE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €7.06. Odfjell SE's Cyclically Adjusted PB Ratio for today is 1.25.

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

FRA:O7F1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.45   Max: 2.25
Current: 1.27

During the past years, Odfjell SE's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.28. And the median was 0.45.

FRA:O7F1's Cyclically Adjusted PB Ratio is ranked better than
52.49% of 682 companies
in the Transportation industry
Industry Median: 1.36 vs FRA:O7F1: 1.27

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.

Odfjell SE's adjusted book value per share data for the three months ended in Sep. 2024 was €10.131. 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 €7.06 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Odfjell SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Odfjell SE'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.

Odfjell SE Cyclically Adjusted PB Ratio Chart

Odfjell SE 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 0.37 0.38 0.45 1.16 1.41

Odfjell SE Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.19 1.41 1.63 2.14 1.63

Competitive Comparison of Odfjell SE's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Odfjell SE'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.


Odfjell SE's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Odfjell SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Odfjell SE 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.

Odfjell SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.84/7.06
=1.25

* 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.

Odfjell SE's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Odfjell SE's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=10.131/133.7000*133.7000
=10.131

Current CPI (Sep. 2024) = 133.7000.

Odfjell SE Quarterly Data

Book Value per Share CPI Adj_Book
201412 5.959 98.600 8.080
201503 6.443 99.200 8.684
201506 6.531 100.100 8.723
201509 6.644 100.600 8.830
201512 6.828 100.900 9.048
201603 6.717 102.500 8.762
201606 6.811 103.800 8.773
201609 7.747 104.200 9.940
201612 8.675 104.400 11.110
201703 8.598 105.000 10.948
201706 8.130 105.800 10.274
201709 7.597 105.900 9.591
201712 8.769 106.100 11.050
201803 8.406 107.300 10.474
201806 7.239 108.500 8.920
201809 7.104 109.500 8.674
201812 6.707 109.800 8.167
201903 6.560 110.400 7.944
201906 6.343 110.600 7.668
201909 6.399 111.100 7.701
201912 6.297 111.300 7.564
202003 5.897 111.200 7.090
202006 6.193 112.100 7.386
202009 6.034 112.900 7.146
202012 6.009 112.900 7.116
202103 6.068 114.600 7.079
202106 5.929 115.300 6.875
202109 5.750 117.500 6.543
202112 6.152 118.900 6.918
202203 6.657 119.800 7.429
202206 7.154 122.600 7.802
202209 8.062 125.600 8.582
202212 8.334 125.900 8.850
202303 8.139 127.600 8.528
202306 8.678 130.400 8.898
202309 8.839 129.800 9.105
202312 9.266 131.900 9.392
202403 9.436 132.600 9.514
202406 10.550 133.800 10.542
202409 10.131 133.700 10.131

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.


Odfjell SE  (FRA:O7F1) 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.


Odfjell SE Cyclically Adjusted PB Ratio Related Terms

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


Odfjell SE Business Description

Industry
Address
Conrad Mohrs veg 29, P.O. Box 6101, Postterminalen, Bergen, NOR, 5892
Odfjell SE is a company engaged in the transportation and storage of bulk liquid chemicals, acids, edible oils, and other specialty products. It also owns and operates chemical tankers and tank terminals. The Company has two reportable operating segments: The Chemical Tankers involve a round-the-world service, servicing ports in Europe, North, and South America, the Middle East and Asia, Australia, and Africa, and The Tank Terminals segment offers storage of various chemical and petroleum products. It operates through various geographical regions which include North and South America, Norway, Netherlands, Australasia, Africa Middle East, and Asia, and derives a major revenue from the Middle East and Asia. The company generates the majority of its revenue from the Chemical Tankers segment.

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