GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (STU:NK1A) » Definitions » Cyclically Adjusted PB Ratio

DNO ASA (STU:NK1A) Cyclically Adjusted PB Ratio : 1.17 (As of May. 25, 2025)


View and export this data going back to 2005. Start your Free Trial

What is DNO ASA Cyclically Adjusted PB Ratio?

As of today (2025-05-25), DNO ASA's current share price is €1.027. DNO ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €0.88. DNO ASA's Cyclically Adjusted PB Ratio for today is 1.17.

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

STU:NK1A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.6   Max: 4.37
Current: 1.16

During the past years, DNO ASA's highest Cyclically Adjusted PB Ratio was 4.37. The lowest was 0.52. And the median was 1.60.

STU:NK1A's Cyclically Adjusted PB Ratio is ranked worse than
59.56% of 779 companies
in the Oil & Gas industry
Industry Median: 0.89 vs STU:NK1A: 1.16

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.

DNO ASA's adjusted book value per share data for the three months ended in Mar. 2025 was €1.012. 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 €0.88 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


DNO ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for DNO 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.

DNO ASA Cyclically Adjusted PB Ratio Chart

DNO 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 1.16 1.53 1.48 1.10 1.04

DNO 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 1.04 1.16 1.17 1.04 1.36

Competitive Comparison of DNO ASA's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, DNO 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.


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

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

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


;
;

DNO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.027/0.88
=1.17

* 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.

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

For example, DNO 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)
=1.012/136.1000*136.1000
=1.012

Current CPI (Mar. 2025) = 136.1000.

DNO ASA Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.473 100.100 0.643
201509 0.431 100.600 0.583
201512 0.371 100.900 0.500
201603 0.359 102.500 0.477
201606 0.362 103.800 0.475
201609 0.359 104.200 0.469
201612 0.354 104.400 0.461
201703 0.360 105.000 0.467
201706 0.323 105.800 0.416
201709 0.679 105.900 0.873
201712 0.706 106.100 0.906
201803 0.693 107.300 0.879
201806 0.780 108.500 0.978
201809 0.841 109.500 1.045
201812 1.021 109.800 1.266
201903 1.072 110.400 1.322
201906 1.137 110.600 1.399
201909 1.029 111.100 1.261
201912 1.056 111.300 1.291
202003 0.907 111.200 1.110
202006 0.877 112.100 1.065
202009 0.748 112.900 0.902
202012 0.713 112.900 0.860
202103 0.780 114.600 0.926
202106 0.816 115.300 0.963
202109 0.855 117.500 0.990
202112 0.924 118.900 1.058
202203 1.070 119.800 1.216
202206 1.142 122.600 1.268
202209 1.253 125.600 1.358
202212 1.270 125.900 1.373
202303 1.308 127.600 1.395
202306 1.246 130.400 1.300
202309 1.196 129.800 1.254
202312 1.161 131.900 1.198
202403 1.145 132.600 1.175
202406 1.172 133.800 1.192
202409 1.129 133.700 1.149
202412 1.058 134.800 1.068
202503 1.012 136.100 1.012

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.


DNO ASA  (STU:NK1A) 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.


DNO ASA Cyclically Adjusted PB Ratio Related Terms

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


DNO ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (STU:NK1A) » Definitions » Cyclically Adjusted PB Ratio
Address
Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.

DNO ASA Headlines

No Headlines