GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sea1 Offshore Inc (FRA:S5H0) » Definitions » Cyclically Adjusted PB Ratio

Sea1 Offshore (FRA:S5H0) Cyclically Adjusted PB Ratio : 0.06 (As of May. 20, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Sea1 Offshore Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Sea1 Offshore's current share price is €2.57. Sea1 Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €44.42. Sea1 Offshore's Cyclically Adjusted PB Ratio for today is 0.06.

The historical rank and industry rank for Sea1 Offshore's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:S5H0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.18
Current: 0.07

During the past years, Sea1 Offshore's highest Cyclically Adjusted PB Ratio was 0.18. The lowest was 0.01. And the median was 0.07.

FRA:S5H0's Cyclically Adjusted PB Ratio is ranked better than
93.88% of 817 companies
in the Oil & Gas industry
Industry Median: 0.98 vs FRA:S5H0: 0.07

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.

Sea1 Offshore's adjusted book value per share data for the three months ended in Mar. 2024 was €2.078. 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 €44.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sea1 Offshore Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sea1 Offshore'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.

Sea1 Offshore Cyclically Adjusted PB Ratio Chart

Sea1 Offshore 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 0.13 0.08 - 0.02 0.05

Sea1 Offshore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.04 0.05 0.05 0.07

Competitive Comparison of Sea1 Offshore's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Sea1 Offshore'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.


Sea1 Offshore's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sea1 Offshore's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sea1 Offshore's Cyclically Adjusted PB Ratio falls into.



Sea1 Offshore 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.

Sea1 Offshore's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.57/44.42
=0.06

* 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.

Sea1 Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sea1 Offshore's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.078/132.6000*132.6000
=2.078

Current CPI (Mar. 2024) = 132.6000.

Sea1 Offshore Quarterly Data

Book Value per Share CPI Adj_Book
201406 150.385 97.500 204.524
201409 158.304 98.500 213.108
201412 164.250 98.600 220.888
201503 171.287 99.200 228.958
201506 157.151 100.100 208.174
201509 77.930 100.600 102.719
201512 68.926 100.900 90.581
201603 67.256 102.500 87.006
201606 65.583 103.800 83.779
201609 65.854 104.200 83.803
201612 61.822 104.400 78.521
201703 59.513 105.000 75.156
201706 45.975 105.800 57.621
201709 44.000 105.900 55.093
201712 38.201 106.100 47.742
201803 34.464 107.300 42.590
201806 45.250 108.500 55.301
201809 45.528 109.500 55.133
201812 40.888 109.800 49.378
201903 39.530 110.400 47.479
201906 38.635 110.600 46.320
201909 39.194 111.100 46.779
201912 34.036 111.300 40.550
202003 30.297 111.200 36.128
202006 8.167 112.100 9.661
202009 7.908 112.900 9.288
202012 5.026 112.900 5.903
202103 4.573 114.600 5.291
202106 1.153 115.300 1.326
202109 1.183 117.500 1.335
202112 1.263 118.900 1.409
202203 1.335 119.800 1.478
202206 1.399 122.600 1.513
202209 1.513 125.600 1.597
202212 1.435 125.900 1.511
202303 1.508 127.600 1.567
202306 1.591 130.400 1.618
202309 1.682 129.800 1.718
202312 2.051 131.900 2.062
202403 2.078 132.600 2.078

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.


Sea1 Offshore  (FRA:S5H0) 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.


Sea1 Offshore Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Sea1 Offshore's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sea1 Offshore (FRA:S5H0) Business Description

Industry
Traded in Other Exchanges
Address
c/o Siem Offshore AS, Nodeviga 14, Kristiansand, NOR, 4610
Siem Offshore Inc is a Cayman Islands-based shipping company that serves the oil and gas industry. It owns and operates a fleet of offshore support vessels, including platform supply vessels, offshore subsea construction vessels, anchor-handling tug supply vessels, and well-intervention vessels. The fleet operates in the North Sea, West Africa, the Middle East, India, the United States Gulf, and Brazil. The company operates into one segment, the OSV segment. The OSV segment has seven sub-segments: Platform supply vessels, Offshore subsea construction vessels, Anchor-handling tug supply vessels, Other Vessels in Brazil, Oil spill recovery vessels, fast supply vessels, Scientific core-drilling, and Others.

Sea1 Offshore (FRA:S5H0) Headlines

No Headlines