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Savanna Energy Services (TSX:SVY) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Savanna Energy Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Savanna Energy Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Savanna Energy Services'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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Savanna Energy Services Cyclically Adjusted PB Ratio Chart

Savanna Energy Services Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Savanna Energy Services Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Savanna Energy Services's Cyclically Adjusted PB Ratio

For the Oil & Gas Drilling subindustry, Savanna Energy Services'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.


Savanna Energy Services's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Savanna Energy Services 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.

Savanna Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Savanna Energy Services's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book=Book Value per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=3.819/102.6337*102.6337
=3.819

Current CPI (Mar. 2017) = 102.6337.

Savanna Energy Services Quarterly Data

Book Value per Share CPI Adj_Book
200706 18.343 88.412 21.294
200709 18.537 88.412 21.519
200712 16.393 88.491 19.013
200803 16.795 88.965 19.375
200806 16.687 91.177 18.784
200809 16.860 91.414 18.929
200812 12.013 89.518 13.773
200903 12.110 90.071 13.799
200906 10.370 90.940 11.703
200909 10.201 90.624 11.553
200912 9.877 90.703 11.176
201003 9.960 91.335 11.192
201006 9.940 91.809 11.112
201009 9.917 92.362 11.020
201012 9.351 92.836 10.338
201103 9.538 94.338 10.377
201106 9.545 94.654 10.350
201109 9.830 95.286 10.588
201112 9.972 94.970 10.777
201203 10.390 96.155 11.090
201206 10.265 96.076 10.966
201209 10.151 96.392 10.808
201212 10.129 95.760 10.856
201303 10.422 97.103 11.016
201306 10.174 97.182 10.745
201309 10.088 97.419 10.628
201312 10.074 96.945 10.665
201403 10.367 98.604 10.791
201406 10.037 99.473 10.356
201409 9.716 99.394 10.033
201412 7.080 98.367 7.387
201503 7.298 99.789 7.506
201506 7.114 100.500 7.265
201509 7.098 100.421 7.254
201512 5.465 99.947 5.612
201603 5.243 101.054 5.325
201606 5.039 102.002 5.070
201609 4.982 101.765 5.025
201612 3.969 101.449 4.015
201703 3.819 102.634 3.819

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.


Savanna Energy Services  (TSX:SVY) 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.


Savanna Energy Services Cyclically Adjusted PB Ratio Related Terms

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Savanna Energy Services (TSX:SVY) Business Description

Traded in Other Exchanges
N/A
Address
Savanna Energy Services Corp was incorporated under the Alberta Business Corporations Act on March 22, 2001. It is a drilling, well servicing and oilfield rentals company with operations in Canada, the United States and Australia. It provides a variety of services in the oil and natural gas industry. The corporate segment provides management and administrative services to all of the Company's subsidiaries and their respective operations. The services segment provides well servicing services and rental equipment to the oil and gas industry. The drilling segment provides contract drilling services to the oil and gas industry. The Company's overall business is conducted through two divisions: contract drilling and oilfield services. The Company's equipment fleet is among the newest and technically in the industry and its commitment to talent and technology has enabled the Company to build a presence within the oilfield services sector. It has also expanded its customer base to international markets, diversifying geographically into growing and emerging markets. The Company operates through a number of wholly-owned subsidiaries and several partnerships with Aboriginal communities that are partially owned by the Company.

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