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Kosmos Energy (Kosmos Energy) Cyclically Adjusted Book per Share : $2.67 (As of Dec. 2023)


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What is Kosmos Energy Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Kosmos Energy's adjusted book value per share for the three months ended in Dec. 2023 was $2.244. 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 $2.67 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kosmos Energy's average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Kosmos Energy was 1.40% per year. The lowest was 0.80% per year. And the median was 1.10% per year.

As of today (2024-04-27), Kosmos Energy's current stock price is $5.88. Kosmos Energy's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.67. Kosmos Energy's Cyclically Adjusted PB Ratio of today is 2.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kosmos Energy was 3.07. The lowest was 0.23. And the median was 2.07.


Kosmos Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kosmos Energy's Cyclically Adjusted Book per Share 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.

Kosmos Energy Cyclically Adjusted Book per Share Chart

Kosmos Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 2.61 2.71 2.71 2.67

Kosmos Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 2.71 2.72 2.71 2.71 2.67

Competitive Comparison of Kosmos Energy's Cyclically Adjusted Book per Share

For the Oil & Gas E&P subindustry, Kosmos Energy'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.


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

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

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



Kosmos Energy Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Kosmos Energy's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.244/129.4194*129.4194
=2.244

Current CPI (Dec. 2023) = 129.4194.

Kosmos Energy Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.799 99.695 3.634
201406 2.981 100.560 3.837
201409 3.079 100.428 3.968
201412 3.461 99.070 4.521
201503 3.315 99.621 4.307
201506 3.157 100.684 4.058
201509 3.347 100.392 4.315
201512 3.442 99.792 4.464
201603 3.313 100.470 4.268
201606 3.052 101.688 3.884
201609 2.918 101.861 3.707
201612 2.796 101.863 3.552
201703 2.738 102.862 3.445
201706 2.731 103.349 3.420
201709 2.592 104.136 3.221
201712 2.304 104.011 2.867
201803 2.131 105.290 2.619
201806 1.868 106.317 2.274
201809 2.156 106.507 2.620
201812 2.362 105.998 2.884
201903 2.185 107.251 2.637
201906 2.203 108.070 2.638
201909 2.219 108.329 2.651
201912 2.096 108.420 2.502
202003 1.593 108.902 1.893
202006 1.121 108.767 1.334
202009 1.050 109.815 1.237
202012 1.086 109.897 1.279
202103 0.875 111.754 1.013
202106 0.752 114.631 0.849
202109 0.702 115.734 0.785
202112 1.171 117.630 1.288
202203 1.178 121.301 1.257
202206 1.453 125.017 1.504
202209 1.960 125.227 2.026
202212 1.728 125.222 1.786
202303 1.892 127.348 1.923
202306 1.965 128.729 1.976
202309 2.173 129.860 2.166
202312 2.244 129.419 2.244

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Kosmos Energy  (NYSE:KOS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Kosmos Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.88/2.67
=2.20

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kosmos Energy was 3.07. The lowest was 0.23. And the median was 2.07.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Kosmos Energy Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Kosmos Energy's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Kosmos Energy (Kosmos Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kosmos Energy Ltd (NYSE:KOS) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
C/O Kosmos Energy LLC, 8176 Park Lane, Suite 500, Dallas, TX, USA, 75231
Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.
Executives
Roy A. Franklin director 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Deanna L Goodwin director 11911 FM 529, HOUSTON TX 77041
Grant John Douglas Kelso director 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Hanssen Maria Moraeus director 5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
J Michael Stice director 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Dearlove Sir Richard Billing director C/O KOSMOS ENERGY LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Nealesh D. Shah officer: SVP and CFO C/O KOSMOS ENERGY, LLC, 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Ronald W. Glass officer: VP & Chief Accounting Officer C/O DAVIS POLK & WARDWELL LLP, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Richard Ryan Clark officer: SVP, President Gulf of Mexico 501 WHITE WING LANE, HOUSTON TX 77079
Andrew G Inglis director, officer: Director and CEO C/O KOSMOS ENERGY, LLC, 8176 PARK LANE, SUITE 500, DALLAS TX 75231
Steven Sterin director 19100 RIDGEWOOD PARKWAY, SAN ANTONIO TX 78259
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Warburg Pincus & Co. director, 10 percent owner 450 LEXINGTON AVENUE, NEW YORK, NY NY 100173147
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Iv Gp L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154

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