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North Energy ASA (OSL:NORTH) Cyclically Adjusted PB Ratio : 0.76 (As of May. 29, 2025)


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What is North Energy ASA Cyclically Adjusted PB Ratio?

As of today (2025-05-29), North Energy ASA's current share price is kr2.70. North Energy ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr3.56. North Energy ASA's Cyclically Adjusted PB Ratio for today is 0.76.

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

OSL:NORTH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.49   Max: 0.82
Current: 0.76

During the past years, North Energy ASA's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.11. And the median was 0.49.

OSL:NORTH's Cyclically Adjusted PB Ratio is ranked better than
52.72% of 939 companies
in the Asset Management industry
Industry Median: 0.79 vs OSL:NORTH: 0.76

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.

North Energy ASA's adjusted book value per share data for the three months ended in Mar. 2025 was kr3.056. 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 kr3.56 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


North Energy ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for North Energy 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.

North Energy ASA Cyclically Adjusted PB Ratio Chart

North Energy ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.50 0.48 0.55 0.71

North Energy ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.70 0.73 0.70 0.71 0.73

Competitive Comparison of North Energy ASA's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, North Energy 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.


North Energy ASA's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North Energy ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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North Energy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.70/3.56
=0.76

* 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.

North Energy ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, North Energy ASA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.056/136.1000*136.1000
=3.056

Current CPI (Mar. 2025) = 136.1000.

North Energy ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 3.112 100.100 4.231
201509 2.839 100.600 3.841
201512 2.645 100.900 3.568
201603 3.504 102.500 4.653
201606 3.510 103.800 4.602
201609 3.386 104.200 4.423
201612 3.423 104.400 4.462
201703 3.114 105.000 4.036
201706 3.336 105.800 4.291
201709 3.287 105.900 4.224
201712 3.406 106.100 4.369
201803 3.234 107.300 4.102
201806 3.357 108.500 4.211
201809 3.269 109.500 4.063
201812 3.163 109.800 3.921
201903 3.248 110.400 4.004
201906 2.751 110.600 3.385
201909 2.600 111.100 3.185
201912 2.707 111.300 3.310
202003 2.252 111.200 2.756
202006 2.363 112.100 2.869
202009 2.826 112.900 3.407
202012 3.428 112.900 4.132
202103 3.166 114.600 3.760
202106 2.539 115.300 2.997
202109 2.946 117.500 3.412
202112 2.740 118.900 3.136
202203 2.633 119.800 2.991
202206 2.829 122.600 3.141
202209 2.836 125.600 3.073
202212 2.629 125.900 2.842
202303 2.690 127.600 2.869
202306 2.929 130.400 3.057
202309 2.918 129.800 3.060
202312 2.739 131.900 2.826
202403 2.851 132.600 2.926
202406 2.736 133.800 2.783
202409 3.052 133.700 3.107
202412 3.134 134.800 3.164
202503 3.056 136.100 3.056

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.


North Energy ASA  (OSL:NORTH) 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.


North Energy ASA Cyclically Adjusted PB Ratio Related Terms

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


North Energy ASA Business Description

Traded in Other Exchanges
Address
Tjuvholmen alle 19, Oslo, NOR, 0252
North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment which includes the investment activities The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities. In addition, the Company continues to evaluate possibilities within other industries outside the energy sector.

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