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Aker BP ASA (OSTO:AKERBPO) Cyclically Adjusted PB Ratio : 2.26 (As of Jun. 05, 2025)


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What is Aker BP ASA Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Aker BP ASA's current share price is kr246.10. Aker BP ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was kr108.81. Aker BP ASA's Cyclically Adjusted PB Ratio for today is 2.26.

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

OSTO:AKERBPo' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 5.41   Max: 9.59
Current: 2.25

During the past years, Aker BP ASA's highest Cyclically Adjusted PB Ratio was 9.59. The lowest was 1.94. And the median was 5.41.

OSTO:AKERBPo's Cyclically Adjusted PB Ratio is ranked worse than
80.2% of 783 companies
in the Oil & Gas industry
Industry Median: 0.91 vs OSTO:AKERBPo: 2.25

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.

Aker BP ASA's adjusted book value per share data for the three months ended in Mar. 2025 was kr213.059. 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 kr108.81 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker BP ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aker BP 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.

Aker BP ASA Cyclically Adjusted PB Ratio Chart

Aker BP 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 5.03 5.75 4.83 3.51 2.12

Aker BP 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 3.03 2.88 2.29 2.12 2.27

Competitive Comparison of Aker BP ASA's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Aker BP 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.


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

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

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


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Aker BP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=246.10/108.81
=2.26

* 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.

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

For example, Aker BP 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)
=213.059/136.1000*136.1000
=213.059

Current CPI (Mar. 2025) = 136.1000.

Aker BP ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.497 100.100 34.667
201509 20.247 100.600 27.392
201512 14.552 100.900 19.629
201603 15.527 102.500 20.617
201606 15.476 103.800 20.292
201609 62.576 104.200 81.733
201612 62.088 104.400 80.940
201703 61.836 105.000 80.151
201706 61.450 105.800 79.049
201709 54.460 105.900 69.991
201712 69.030 106.100 88.548
201803 67.115 107.300 85.129
201806 69.023 108.500 86.581
201809 70.589 109.500 87.737
201812 71.301 109.800 88.379
201903 66.911 110.400 82.487
201906 63.928 110.600 78.667
201909 61.105 111.100 74.855
201912 59.329 111.300 72.549
202003 51.633 111.200 63.195
202006 50.687 112.100 61.539
202009 49.148 112.900 59.248
202012 48.050 112.900 57.924
202103 47.053 114.600 55.881
202106 47.556 115.300 56.135
202109 51.271 117.500 59.387
202112 54.837 118.900 62.770
202203 66.484 119.800 75.530
202206 186.112 122.600 206.606
202209 187.314 125.600 202.973
202212 194.344 125.900 210.089
202303 204.495 127.600 218.117
202306 210.462 130.400 219.662
202309 213.048 129.800 223.389
202312 206.582 131.900 213.160
202403 210.535 132.600 216.092
202406 213.463 133.800 217.132
202409 210.143 133.700 213.915
202412 225.328 134.800 227.501
202503 213.059 136.100 213.059

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.


Aker BP ASA  (OSTO:AKERBPo) 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.


Aker BP ASA Cyclically Adjusted PB Ratio Related Terms

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


Aker BP ASA Business Description

Industry
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, Johan Sverdrup, Ula and Valhall. The company generates revenue from the sale of liquids, sale of gas, and Tariff income, out of which the majority revenue is derived from sale of liquids.

Aker BP ASA Headlines

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