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DOF ASA (LTS:0HMM) Cyclically Adjusted PB Ratio : 0.01 (As of May. 16, 2024)


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What is DOF ASA Cyclically Adjusted PB Ratio?

As of today (2024-05-16), DOF ASA's current share price is kr0.696. DOF ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was kr67.06. DOF ASA's Cyclically Adjusted PB Ratio for today is 0.01.

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

LTS:0HMM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.05
Current: 0.01

During the past years, DOF ASA's highest Cyclically Adjusted PB Ratio was 0.05. The lowest was 0.01. And the median was 0.01.

LTS:0HMM's Cyclically Adjusted PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1 vs LTS:0HMM: 0.01

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.

DOF ASA's adjusted book value per share data for the three months ended in Jun. 2023 was kr44.412. 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 kr67.06 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DOF ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DOF 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.

DOF ASA Cyclically Adjusted PB Ratio Chart

DOF ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 0.01

DOF ASA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of DOF ASA's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, DOF 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.


DOF ASA's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



DOF 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.696/67.06
=0.01

* 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.

DOF ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, DOF ASA's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=44.412/130.4000*130.4000
=44.412

Current CPI (Jun. 2023) = 130.4000.

DOF ASA Quarterly Data

Book Value per Share CPI Adj_Book
201309 191.529 96.400 259.081
201312 161.273 96.600 217.702
201403 176.537 97.300 236.592
201406 191.801 97.500 256.522
201409 175.870 98.500 232.827
201412 162.609 98.600 215.053
201503 133.417 99.200 175.379
201506 142.766 100.100 185.981
201509 86.862 100.600 112.592
201512 90.201 100.900 116.573
201603 111.999 102.500 142.485
201606 150.441 103.800 188.993
201609 31.682 104.200 39.648
201612 28.688 104.400 35.833
201703 25.833 105.000 32.082
201706 23.622 105.800 29.114
201709 22.884 105.900 28.178
201712 18.951 106.100 23.291
201803 17.113 107.300 20.797
201806 14.149 108.500 17.005
201809 13.208 109.500 15.729
201812 11.966 109.800 14.211
201903 11.581 110.400 13.679
201906 11.458 110.600 13.509
201909 5.291 111.100 6.210
201912 10.664 111.300 12.494
202003 -1.283 111.200 -1.505
202006 -2.801 112.100 -3.258
202009 -3.730 112.900 -4.308
202012 -0.803 112.900 -0.927
202103 -5.149 114.600 -5.859
202106 -4.043 115.300 -4.572
202109 -3.805 117.500 -4.223
202112 -2.193 118.900 -2.405
202203 -2.797 119.800 -3.044
202206 -6.029 122.600 -6.413
202209 -7.170 125.600 -7.444
202212 0.894 125.900 0.926
202303 38.679 127.600 39.528
202306 44.412 130.400 44.412

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.


DOF ASA  (LTS:0HMM) 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.


DOF ASA Cyclically Adjusted PB Ratio Related Terms

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


DOF ASA (LTS:0HMM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DOF ASA (LTS:0HMM) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
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Address
Alfabygget, Storebo, Austevoll, NOR, 5392
DOF ASA is active in the oil and gas markets. The company consists of team of skilled professionals who, combined with a fleet of state-of-the-art, purpose-built vessels, provide services to the Oil and Gas industry across the entire offshore life cycle. Its core businesses are vessel ownership, vessel management, project management, engineering, vessel operations, survey, remote intervention, and diving operations. It operates in three segments: Platform Supply Vessels (PSV), Anchor Handling Tug Supply vessels (AHTS), and Subsea (Subsea vessel and subsea engineering). The Subsea segment derives the majority of its revenue. Its geographical segments are Brazil, the United Kingdom, Norway, Australia, Canada, Singapore, the United States, the Philippines, Argentina, Angola, and others.

DOF ASA (LTS:0HMM) Headlines

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