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Dockwise (OSL:DOCK) Cyclically Adjusted PB Ratio : (As of Jun. 16, 2024)


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What is Dockwise Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dockwise Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dockwise'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.

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Dockwise Cyclically Adjusted PB Ratio Chart

Dockwise Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PB Ratio
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Dockwise Quarterly Data
Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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Competitive Comparison of Dockwise's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Dockwise'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.


Dockwise's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Dockwise 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.

Dockwise's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Dockwise's adjusted Book Value per Share data for the fiscal year that ended in Dec12 was:

Adj_Book=Book Value per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=204.969/96.7600*96.7600
=204.969

Current CPI (Dec12) = 96.7600.

Dockwise Annual Data

Book Value per Share CPI Adj_Book
200312 0.000 82.340 0.000
200412 0.000 83.250 0.000
200512 0.000 84.980 0.000
200612 0.000 85.790 0.000
200712 348.995 87.390 386.414
200812 352.084 89.090 382.396
200912 375.387 90.080 403.224
201012 275.428 91.820 290.246
201112 221.873 94.040 228.290
201212 204.969 96.760 204.969

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.


Dockwise  (OSL:DOCK) 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.


Dockwise Cyclically Adjusted PB Ratio Related Terms

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


Dockwise (OSL:DOCK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lage Mosten 21, P.O. Box 3208, Breda, NLD, 4800
Dockwise Ltd provides transportation services to the offshore, onshore, and yachting industries; and installation services for heavy offshore platforms worldwide.

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