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Total Energy Services (Total Energy Services) Cyclically Adjusted Book per Share : $10.47 (As of Mar. 2024)


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What is Total Energy Services 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.

Total Energy Services's adjusted book value per share for the three months ended in Mar. 2024 was $10.053. 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 $10.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Total Energy Services's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Total Energy Services was 17.50% per year. The lowest was 5.20% per year. And the median was 11.60% per year.

As of today (2024-06-07), Total Energy Services's current stock price is $6.79. Total Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.47. Total Energy Services's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Total Energy Services was 3.44. The lowest was 0.13. And the median was 0.94.


Total Energy Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Total Energy Services'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.

Total Energy Services Cyclically Adjusted Book per Share Chart

Total Energy Services 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 8.60 9.78 10.13 10.06 10.65

Total Energy Services 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 10.16 10.23 10.53 10.65 10.47

Competitive Comparison of Total Energy Services's Cyclically Adjusted Book per Share

For the Oil & Gas Equipment & Services subindustry, Total 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.


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

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

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



Total Energy Services 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, Total Energy Services'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)
=10.053/126.2576*126.2576
=10.053

Current CPI (Mar. 2024) = 126.2576.

Total Energy Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.821 99.473 13.735
201409 10.864 99.394 13.800
201412 10.686 98.367 13.716
201503 9.956 99.789 12.597
201506 10.112 100.500 12.704
201509 9.428 100.421 11.854
201512 9.018 99.947 11.392
201603 9.265 101.054 11.576
201606 9.361 102.002 11.587
201609 9.120 101.765 11.315
201612 8.833 101.449 10.993
201703 8.964 102.634 11.027
201706 8.879 103.029 10.881
201709 9.576 103.345 11.699
201712 9.237 103.345 11.285
201803 9.187 105.004 11.047
201806 9.085 105.557 10.867
201809 9.159 105.636 10.947
201812 9.099 105.399 10.900
201903 9.113 106.979 10.755
201906 9.109 107.690 10.680
201909 8.988 107.611 10.545
201912 9.139 107.769 10.707
202003 8.790 107.927 10.283
202006 8.567 108.401 9.978
202009 8.659 108.164 10.107
202012 8.838 108.559 10.279
202103 8.864 110.298 10.147
202106 9.022 111.720 10.196
202109 8.911 112.905 9.965
202112 8.955 113.774 9.938
202203 9.153 117.646 9.823
202206 9.138 120.806 9.550
202209 9.204 120.648 9.632
202212 9.250 120.964 9.655
202303 9.631 122.702 9.910
202306 9.925 124.203 10.089
202309 10.020 125.230 10.102
202312 9.887 125.072 9.981
202403 10.053 126.258 10.053

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


Total Energy Services  (OTCPK:TOTZF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.79/10.47
=0.65

* 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 Total Energy Services was 3.44. The lowest was 0.13. And the median was 0.94.


Be Aware

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


Total Energy Services Cyclically Adjusted Book per Share Related Terms

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


Total Energy Services (Total Energy Services) Business Description

Industry
Traded in Other Exchanges
Address
734 - 7th Avenue S.W., Suite 1000, Calgary, AB, CAN, T2P 3P8
Total Energy Services Inc is an energy services company. The operating segments of the company are Contract Drilling Services, Rentals & Transportation Services, Compression & Process Service, Well servicing, and Corporate. The majority of revenue is from the Compression & Process Service segment, which includes the Company fabricates a full range of natural gas compression equipment as well as oil, natural gas and other process equipment The company's operations are conducted in Canada, the United States of America, and Australia, out of which the majority are from Canada.

Total Energy Services (Total Energy Services) Headlines