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Kosmos Energy (Kosmos Energy) Cyclically Adjusted PB Ratio : 2.31 (As of May. 22, 2024)


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What is Kosmos Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Kosmos Energy's current share price is $6.19. Kosmos Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.68. Kosmos Energy's Cyclically Adjusted PB Ratio for today is 2.31.

The historical rank and industry rank for Kosmos Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:

KOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 2.09   Max: 3.07
Current: 2.34

During the past years, Kosmos Energy's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.23. And the median was 2.09.

KOS's Cyclically Adjusted PB Ratio is ranked worse than
79.37% of 819 companies
in the Oil & Gas industry
Industry Median: 1 vs KOS: 2.34

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 adjusted book value per share data for the three months ended in Mar. 2024 was $2.273. 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 $2.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kosmos Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kosmos Energy'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.

* Premium members only.

Kosmos Energy Cyclically Adjusted PB Ratio Chart

Kosmos Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 0.90 1.28 2.34 2.51

Kosmos Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.74 2.21 3.02 2.51 2.22

Competitive Comparison of Kosmos Energy's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.19/2.68
=2.31

* 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.

Kosmos Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kosmos Energy'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)
=2.273/131.7762*131.7762
=2.273

Current CPI (Mar. 2024) = 131.7762.

Kosmos Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.981 100.560 3.906
201409 3.079 100.428 4.040
201412 3.461 99.070 4.604
201503 3.315 99.621 4.385
201506 3.157 100.684 4.132
201509 3.347 100.392 4.393
201512 3.442 99.792 4.545
201603 3.313 100.470 4.345
201606 3.052 101.688 3.955
201609 2.918 101.861 3.775
201612 2.796 101.863 3.617
201703 2.738 102.862 3.508
201706 2.731 103.349 3.482
201709 2.592 104.136 3.280
201712 2.304 104.011 2.919
201803 2.131 105.290 2.667
201806 1.868 106.317 2.315
201809 2.156 106.507 2.668
201812 2.362 105.998 2.936
201903 2.185 107.251 2.685
201906 2.203 108.070 2.686
201909 2.219 108.329 2.699
201912 2.096 108.420 2.548
202003 1.593 108.902 1.928
202006 1.121 108.767 1.358
202009 1.050 109.815 1.260
202012 1.086 109.897 1.302
202103 0.875 111.754 1.032
202106 0.752 114.631 0.864
202109 0.702 115.734 0.799
202112 1.171 117.630 1.312
202203 1.178 121.301 1.280
202206 1.453 125.017 1.532
202209 1.960 125.227 2.063
202212 1.728 125.222 1.818
202303 1.892 127.348 1.958
202306 1.965 128.729 2.012
202309 2.173 129.860 2.205
202312 2.244 129.419 2.285
202403 2.273 131.776 2.273

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.


Kosmos Energy  (NYSE:KOS) 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.


Kosmos Energy Cyclically Adjusted PB Ratio Related Terms

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


Kosmos Energy (Kosmos Energy) Business Description

Industry
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