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Hercules Offshore (FRA:H6XA) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Hercules Offshore Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hercules Offshore Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hercules Offshore'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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Hercules Offshore Cyclically Adjusted PB Ratio Chart

Hercules Offshore Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Hercules Offshore Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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Competitive Comparison of Hercules Offshore's Cyclically Adjusted PB Ratio

For the Oil & Gas Drilling subindustry, Hercules Offshore'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.


Hercules Offshore's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

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

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



Hercules Offshore 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.

Hercules Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 is calculated as:

For example, Hercules Offshore's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book=Book Value per Share/CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=24.13/100.4704*100.4704
=24.130

Current CPI (Mar. 2016) = 100.4704.

Hercules Offshore Quarterly Data

Book Value per Share CPI Adj_Book
200606 2,174.062 85.606 2,551.569
200609 2,361.953 85.606 2,772.086
200612 2,510.094 85.142 2,962.009
200703 2,710.297 86.640 3,142.936
200706 1,028.080 87.906 1,175.025
200709 4,308.218 87.964 4,920.734
200712 4,179.331 88.616 4,738.390
200803 3,917.934 90.090 4,369.383
200806 3,929.867 92.320 4,276.794
200809 4,338.431 92.307 4,722.116
200812 2,090.532 88.697 2,368.013
200903 2,162.099 89.744 2,420.512
200906 1,906.821 91.003 2,105.190
200909 1,616.343 91.120 1,782.214
200912 1,573.472 91.111 1,735.103
201003 1,664.102 91.821 1,820.862
201006 1,817.104 91.962 1,985.228
201009 1,672.288 92.162 1,823.051
201012 1,510.075 92.474 1,640.654
201103 1,396.727 94.283 1,488.387
201106 1,277.597 95.235 1,347.838
201109 1,315.784 95.727 1,380.984
201112 1,345.689 95.213 1,419.988
201203 1,240.940 96.783 1,288.221
201206 1,233.554 96.819 1,280.073
201209 1,153.665 97.633 1,187.191
201212 1,139.627 96.871 1,181.970
201303 1,196.336 98.209 1,223.878
201306 1,141.751 98.518 1,164.380
201309 1,160.684 98.790 1,180.427
201312 1,011.491 98.326 1,033.552
201403 1,021.558 99.695 1,029.509
201406 1,050.080 100.560 1,049.150
201409 995.205 100.428 995.627
201412 833.539 99.070 845.324
201503 859.256 99.621 866.581
201506 699.086 100.684 697.604
201509 558.919 100.392 559.358
201512 860.706 99.792 866.554
201603 24.130 100.470 24.130

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.


Hercules Offshore  (FRA:H6XA) 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.


Hercules Offshore Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Hercules Offshore's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Hercules Offshore (FRA:H6XA) Business Description

Industry
Traded in Other Exchanges
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Address
Hercules Offshore Inc is a Delaware corporation formed on July 27, 2004. The Company provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry. It provides services to national oil and gas companies, to integrated energy companies and oil and natural gas operators. Its diverse fleet is capable of providing services such as oil and gas exploration and development drilling, well service, platform inspection, maintenance and decommissioning operations in several key shallow-water provinces. Its business segments includes: Domestic Offshore, International Offshore, and International Liftboats. Domestic Offshore includes 18 jackup rigs in the U.S. Gulf of Mexico that can drill in maximum water depths ranging from 120 to 350 feet. Nine of the jackup rigs are either under contract or available for contracts and nine are cold stacked. International Offshore includes nine jackup rigs outside of the U.S. Gulf of Mexico. The Company has three jackup rigs contracted offshore in Saudi Arabia, one jackup rig contracted offshore in Congo, one jackup rig ready stacked and one jackup rig warm stacked in Gabon, one jackup ready stacked in the Netherlands and one jackup rig warm stacked in Malaysia. Additionally, the Company has one newbuild jackup rig under construction in Singapore that is expected to be delivered in the second quarter of 2016. International Liftboats - includes 19 liftboats. Fifteen are operating or available for contracts offshore West Africa, one is cold stacked offshore West Africa and three are operating or available for contracts in the Middle East region. Its customers include integrated energy companies, independent oil and natural gas operators and national oil companies. The Company is subject to the jurisdiction of the Coast Guard, the National Transportation Safety Board, the Customs and Boarder Protection, the Department of Interior, the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement as well as private industry organizations such as the American Bureau of Shipping.

Hercules Offshore (FRA:H6XA) Headlines

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