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Bonheur ASA (OSL:BONHR) Cyclically Adjusted PB Ratio : 1.19 (As of May. 14, 2024)


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What is Bonheur ASA Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Bonheur ASA's current share price is kr251.50. Bonheur ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr211.55. Bonheur ASA's Cyclically Adjusted PB Ratio for today is 1.19.

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

OSL:BONHR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.97   Max: 1.79
Current: 1.15

During the past years, Bonheur ASA's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.33. And the median was 0.97.

OSL:BONHR's Cyclically Adjusted PB Ratio is ranked worse than
56.97% of 423 companies
in the Conglomerates industry
Industry Median: 0.96 vs OSL:BONHR: 1.15

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.

Bonheur ASA's adjusted book value per share data for the three months ended in Mar. 2024 was kr165.678. 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 kr211.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bonheur ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bonheur 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.

Bonheur ASA Cyclically Adjusted PB Ratio Chart

Bonheur ASA 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 0.87 1.08 1.61 1.31 1.13

Bonheur ASA 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 1.06 1.18 1.04 1.13 1.13

Competitive Comparison of Bonheur ASA's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Bonheur 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.


Bonheur ASA's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bonheur ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bonheur 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=251.50/211.55
=1.19

* 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.

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

For example, Bonheur ASA'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)
=165.678/131.9000*131.9000
=165.678

Current CPI (Mar. 2024) = 131.9000.

Bonheur ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 218.187 97.500 295.168
201409 223.164 98.500 298.836
201412 245.169 98.600 327.969
201503 265.086 99.200 352.468
201506 272.491 100.100 359.057
201509 289.448 100.600 379.505
201512 281.360 100.900 367.804
201603 259.585 102.500 334.042
201606 228.186 103.800 289.959
201609 216.296 104.200 273.795
201612 222.457 104.400 281.054
201703 219.950 105.000 276.299
201706 209.826 105.800 261.588
201709 200.532 105.900 249.766
201712 200.181 106.100 248.858
201803 185.475 107.300 227.998
201806 181.163 108.500 220.234
201809 169.238 109.500 203.858
201812 148.901 109.800 178.871
201903 142.164 110.400 169.850
201906 139.502 110.600 166.368
201909 140.915 111.100 167.297
201912 133.035 111.300 157.658
202003 145.858 111.200 173.010
202006 142.862 112.100 168.095
202009 118.182 112.900 138.071
202012 104.854 112.900 122.500
202103 95.799 114.600 110.261
202106 109.753 115.300 125.554
202109 103.294 117.500 115.953
202112 108.674 118.900 120.556
202203 107.183 119.800 118.009
202206 107.432 122.600 115.581
202209 125.802 125.600 132.112
202212 134.466 125.900 140.874
202303 149.565 127.600 154.605
202306 157.211 130.400 159.019
202309 154.181 129.800 156.675
202312 156.999 131.900 156.999
202403 165.678 131.900 165.678

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.


Bonheur ASA  (OSL:BONHR) 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.


Bonheur ASA Cyclically Adjusted PB Ratio Related Terms

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


Bonheur ASA (OSL:BONHR) Business Description

Industry
Traded in Other Exchanges
Address
Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107
Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. It provides services through four segments, namely, Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is engaged in the development, construction, and operation of wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, and The other investments segment has investments within media, real estate, bonds and shares.

Bonheur ASA (OSL:BONHR) Headlines

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