Dolphin Offshore Enterprises India (NSE:DOLPHIN) Cyclically Adjusted Book per Share: ₹0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:DOLPHIN Dolphin Offshore Enterprises India Ltd NSE:DOLPHIN
53 GF Score
Price ₹376.95
GF Value ₹2,116.31
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Dolphin Offshore Enterprises India Cyclically Adjusted Book per Share?

Dolphin Offshore Enterprises India NSE:DOLPHIN -5.05% 53 Cyclically Adjusted Book per Share is ₹0.00 as of Jun. 2026. GuruFocus rates NSE:DOLPHIN with a GF Score™ of 53/100 and a GF Value™ of ₹2,116.31 (Possible Value Trap). The stock has 3 warning signs investors should review.

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.

Dolphin Offshore Enterprises India's adjusted book value per share for the three months ended in Jun. 2026 was ₹0.000. 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 ₹0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Dolphin Offshore Enterprises India's average Cyclically Adjusted Book Growth Rate was -1.70% 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.

As of today (2026-07-27), Dolphin Offshore Enterprises India's current stock price is ₹376.95. Dolphin Offshore Enterprises India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₹0.00. Dolphin Offshore Enterprises India's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dolphin Offshore Enterprises India was 0.20. The lowest was 0.14. And the median was 0.18.


Dolphin Offshore Enterprises India  (NSE:DOLPHIN) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dolphin Offshore Enterprises India was 0.20. The lowest was 0.14. And the median was 0.18.


Be Aware

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


Dolphin Offshore Enterprises India Cyclically Adjusted Book per Share Related Terms


Dolphin Offshore Enterprises India Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Dolphin Offshore Enterprises India'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.

Dolphin Offshore Enterprises India Cyclically Adjusted Book per Share Chart

Dolphin Offshore Enterprises India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 2,191.98 2,123.68

Dolphin Offshore Enterprises India Quarterly Data
Mar17 Mar18 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 2,247.51 0.00 2,123.68 0.00

NSE:DOLPHIN vs SLB, BKR, FTI: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises India'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.


Dolphin Offshore Enterprises India Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


NSE:DOLPHIN
53GF Score
Dolphin Offshore Enterprises India Ltd NSE:DOLPHIN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dolphin Offshore Enterprises India 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, Dolphin Offshore Enterprises India's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Dolphin Offshore Enterprises India Quarterly Data

Book Value per Share CPI Adj_Book
201203 1,148.979 76.889 2,482.778
201206 0.000 79.567 0.000
201209 2,308.731 82.244 4,663.977
201212 0.000 83.774 0.000
201303 1,314.020 85.687 2,547.859
201306 0.000 88.365 0.000
201309 1,629.172 91.042 2,973.114
201312 0.000 91.425 0.000
201403 1,665.754 91.425 3,027.155
201406 0.000 94.103 0.000
201409 1,875.109 96.780 3,219.048
201412 0.000 96.780 0.000
201503 1,865.167 97.163 3,189.375
201506 0.000 99.841 0.000
201509 2,076.653 101.753 3,390.812
201512 0.000 102.901 0.000
201603 2,899.882 102.518 4,699.669
201606 0.000 105.961 0.000
201609 2,233.672 105.961 3,502.364
201612 0.000 105.196 0.000
201703 2,814.181 105.196 4,444.686
201803 2,777.213 109.786 4,202.899
202203 200.357 138.822 239.792
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 56.143 146.865 63.514
202306 0.000 150.280 0.000
202309 57.172 151.492 62.702
202312 0.000 152.924 0.000
202403 55.325 153.035 60.065
202406 0.000 155.789 0.000
202409 60.544 157.882 63.713
202412 0.000 158.323 0.000
202503 68.093 157.552 71.807
202506 0.000 159.755 0.000
202509 75.544 162.289 77.339
202512 0.000 163.281 0.000
202603 88.346 164.272 89.353
202606 0.000 166.145 0.000

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

What does a Cyclically Adjusted Book per Share of ₹0.00 mean?
Dolphin Offshore Enterprises India (NSE:DOLPHIN) has a Cyclically Adjusted Book per Share of ₹0.00 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Dolphin Offshore Enterprises India and its competitors.
Is Dolphin Offshore Enterprises India's Cyclically Adjusted Book per Share too high?
Dolphin Offshore Enterprises India's current Cyclically Adjusted Book per Share is ₹0.00. Overall, Dolphin Offshore Enterprises India has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Offshore Enterprises India's Cyclically Adjusted Book per Share compare to SLB and BKR?
Dolphin Offshore Enterprises India's Cyclically Adjusted Book per Share of ₹0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Dolphin Offshore Enterprises India and its competitors. Dolphin Offshore Enterprises India's current Cyclically Adjusted Book per Share is ₹0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Offshore Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India (NSE:DOLPHIN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,116.31, compared to a current price of ₹376.95 — trading 82.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is ₹0.00. Dolphin Offshore Enterprises India's overall GF Score™ is 53/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Dolphin Offshore Enterprises India (NSE:DOLPHIN), the current Cyclically Adjusted Book per Share is ₹0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dolphin Offshore Enterprises India (NSE:DOLPHIN) Overvalued in 2026?

Based on GuruFocus' analysis, Dolphin Offshore Enterprises India stock appears to be undervalued. The current stock price of ₹376.95 is trading 82.2% below its estimated GF Value™ of ₹2,116.31. GuruFocus considers Dolphin Offshore Enterprises India to be Possible Value Trap.

Key valuation signals for NSE:DOLPHIN:

  • Cyclically Adjusted Book per Share: ₹0.00
  • GF Value™: ₹2,116.31 vs. price of ₹376.95 (82.2% below fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the NSE:DOLPHIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dolphin Offshore Enterprises India Business Description

Industry EnergyOil & Gas
Other Exchanges 522261:India
Address S.V. Road, May Fair, A-11, Second Floor, New Fair Co-Operative Housing Society Ltd, Bandra West, Mumbai, MH, IND, 400050
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
53GF Score

Get the complete analysis for NSE:DOLPHIN

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹376.95
Price
₹2,116.31
GF Value