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Hunter Group ASA (OSL:HUNT) Cyclically Adjusted Book per Share : kr69.90 (As of Mar. 2024)


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What is Hunter Group ASA 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.

Hunter Group ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr2.233. 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 kr69.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hunter Group ASA's average Cyclically Adjusted Book Growth Rate was -16.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.20% 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 Hunter Group ASA was -11.40% per year. The lowest was -12.90% per year. And the median was -12.30% per year.

As of today (2024-06-06), Hunter Group ASA's current stock price is kr2.485. Hunter Group ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr69.90. Hunter Group ASA's Cyclically Adjusted PB Ratio of today is 0.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hunter Group ASA was 0.80. The lowest was 0.01. And the median was 0.46.


Hunter Group ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hunter Group ASA'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.

Hunter Group ASA Cyclically Adjusted Book per Share Chart

Hunter Group ASA 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 130.02 111.22 98.22 87.61 73.49

Hunter Group ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 83.98 81.29 76.52 73.49 69.90

Competitive Comparison of Hunter Group ASA's Cyclically Adjusted Book per Share

For the Oil & Gas Midstream subindustry, Hunter Group 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.


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

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

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



Hunter Group ASA 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, Hunter Group ASA's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.233/132.6000*132.6000
=2.233

Current CPI (Mar. 2024) = 132.6000.

Hunter Group ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 107.406 97.500 146.072
201409 100.398 98.500 135.155
201412 92.751 98.600 124.734
201503 89.668 99.200 119.859
201506 84.970 100.100 112.558
201509 79.352 100.600 104.593
201512 78.617 100.900 103.316
201603 78.332 102.500 101.335
201606 74.467 103.800 95.128
201609 74.537 104.200 94.852
201612 70.036 104.400 88.954
201703 0.000 105.000 0.000
201706 58.005 105.800 72.698
201709 55.066 105.900 68.949
201712 54.745 106.100 68.418
201803 47.749 107.300 59.008
201806 44.747 108.500 54.686
201809 46.219 109.500 55.969
201812 45.929 109.800 55.466
201903 45.958 110.400 55.200
201906 52.229 110.600 62.618
201909 53.995 111.100 64.444
201912 58.576 111.300 69.786
202003 70.185 111.200 83.692
202006 70.869 112.100 83.829
202009 74.241 112.900 87.195
202012 73.670 112.900 86.525
202103 55.524 114.600 64.245
202106 55.282 115.300 63.577
202109 47.714 117.500 53.846
202112 49.692 118.900 55.418
202203 48.689 119.800 53.891
202206 56.982 122.600 61.630
202209 62.102 125.600 65.563
202212 42.646 125.900 44.915
202303 1.257 127.600 1.306
202306 1.262 130.400 1.283
202309 1.379 129.800 1.409
202312 1.831 131.900 1.841
202403 2.233 132.600 2.233

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


Hunter Group ASA  (OSL:HUNT) 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.

Hunter Group ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.485/69.9
=0.04

* 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 Hunter Group ASA was 0.80. The lowest was 0.01. And the median was 0.46.


Be Aware

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


Hunter Group ASA Cyclically Adjusted Book per Share Related Terms

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


Hunter Group ASA (OSL:HUNT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hunter Group ASA (OSL:HUNT) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
Dronningen 1, Oslo, NOR, 0287
Hunter Group ASA is an investment company focusing on shipping and oil services investments. The company operates in one segment namely, which develops the VLCC construction contracts and options.

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