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Hunter Group ASA (OSL:HUNT) Cyclically Adjusted PB Ratio : 0.04 (As of Jun. 06, 2024)


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What is Hunter Group ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Hunter Group ASA's current share 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 for today is 0.04.

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

OSL:HUNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.46   Max: 0.8
Current: 0.04

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

OSL:HUNT's Cyclically Adjusted PB Ratio is ranked better than
96.36% of 824 companies
in the Oil & Gas industry
Industry Median: 1.025 vs OSL:HUNT: 0.04

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hunter Group ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hunter Group ASA'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.

Hunter Group ASA Cyclically Adjusted PB Ratio Chart

Hunter Group ASA 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 0.75 0.55 0.53 0.48 0.03

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 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 0.03 0.02 0.01 0.03 0.03

Competitive Comparison of Hunter Group ASA's Cyclically Adjusted PB Ratio

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 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.

Hunter Group ASA's Cyclically Adjusted PB Ratio for 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.

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

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.

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.


Hunter Group ASA  (OSL:HUNT) 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.


Hunter Group ASA Cyclically Adjusted PB Ratio Related Terms

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


Hunter Group ASA (OSL:HUNT) Business Description

Industry
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.

Hunter Group ASA (OSL:HUNT) Headlines

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