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Royal Boskalis Westminster NV (XAMS:BOKA) Cyclically Adjusted PB Ratio : (As of May. 29, 2024)


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What is Royal Boskalis Westminster NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Royal Boskalis Westminster NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Royal Boskalis Westminster NV'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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Royal Boskalis Westminster NV Cyclically Adjusted PB Ratio Chart

Royal Boskalis Westminster NV Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.16 1.16 0.97 1.17 1.18

Royal Boskalis Westminster NV Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 - 1.17 - 1.18 -

Competitive Comparison of Royal Boskalis Westminster NV's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Royal Boskalis Westminster NV'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.


Royal Boskalis Westminster NV's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Royal Boskalis Westminster NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Royal Boskalis Westminster NV's Cyclically Adjusted PB Ratio falls into.



Royal Boskalis Westminster NV 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.

Royal Boskalis Westminster NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Royal Boskalis Westminster NV's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=18.589/114.0100*114.0100
=18.589

Current CPI (Dec21) = 114.0100.

Royal Boskalis Westminster NV Annual Data

Book Value per Share CPI Adj_Book
201212 17.691 96.760 20.845
201312 20.997 98.360 24.338
201412 25.770 99.050 29.662
201512 29.566 99.730 33.799
201612 23.995 100.710 27.164
201712 23.133 101.970 25.864
201812 18.978 103.970 20.811
201912 19.016 106.800 20.300
202012 17.534 107.850 18.535
202112 18.589 114.010 18.589

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.


Royal Boskalis Westminster NV  (XAMS:BOKA) 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.


Royal Boskalis Westminster NV Cyclically Adjusted PB Ratio Related Terms

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Royal Boskalis Westminster NV (XAMS:BOKA) Business Description

Traded in Other Exchanges
N/A
Address
Rosmolenweg 20, Papendrecht, NLD, 3356 LK
Royal Boskalis Westminster NV offers dredging activities and a broad range of maritime services for the offshore energy sector. In addition, it provides towage, emergency response, and other salvage-related services. Traditionally, the dredging activities remove silt, sand, and other layers from water beds and utilize maneuvers to reuse the materials. Additional revenue is generated from the construction and maintenance of ports and waterways. The company has three business divisions: dredging and inland infra; offshore energy; and towage and salvage (approximately half of total revenue). Customers primarily operate in the energy, port, and shipping end markets. The global company has a material presence in many different regions and is not overly dependent on any one country.

Royal Boskalis Westminster NV (XAMS:BOKA) Headlines

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