Golden Energy Offshore Services ASA (OSL:GEOS) Cyclically Adjusted Book per Share: kr76.90 (As of Dec. 2025)


OSL:GEOS Golden Energy Offshore Services ASA OSL:GEOS
48 GF Score
Price kr10.30
GF Value kr12.37
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Golden Energy Offshore Services ASA Cyclically Adjusted Book per Share?

Golden Energy Offshore Services ASA OSL:GEOS 48 Cyclically Adjusted Book per Share is kr76.90 as of Dec. 2025. GuruFocus rates OSL:GEOS with a GF Score™ of 48/100 and a GF Value™ of kr12.37 (Modestly Undervalued). The stock has 4 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.

Golden Energy Offshore Services ASA's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was kr9.319. 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 kr76.90 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Golden Energy Offshore Services ASA's average Cyclically Adjusted Book Growth Rate was -0.20% 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 (2026-07-02), Golden Energy Offshore Services ASA's current stock price is kr 10.30. Golden Energy Offshore Services ASA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was kr76.90. Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio of today is 0.13.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Golden Energy Offshore Services ASA was 0.37. The lowest was 0.08. And the median was 0.18.


Golden Energy Offshore Services ASA  (OSL:GEOS) 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.

Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.30/76.90
=0.13

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Golden Energy Offshore Services ASA was 0.37. The lowest was 0.08. 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.


Golden Energy Offshore Services ASA Cyclically Adjusted Book per Share Related Terms


Golden Energy Offshore Services ASA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Golden Energy Offshore Services ASA'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.

Golden Energy Offshore Services ASA Cyclically Adjusted Book per Share Chart

Golden Energy Offshore Services ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 88.87 77.07 76.90

Golden Energy Offshore Services ASA Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 77.07 0.00 0.00 0.00 76.90

Golden Energy Offshore Services ASA Cyclically Adjusted Book per Share Competitor Comparison

For the Marine Shipping subindustry, Golden Energy Offshore Services 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.


Golden Energy Offshore Services ASA Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:GEOS
48GF Score
Golden Energy Offshore Services ASA OSL:GEOS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Energy Offshore Services ASA 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, Golden Energy Offshore Services ASA's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=9.319/139.1000*139.1000
=9.319

Current CPI (Dec. 2025) = 139.1000.

Golden Energy Offshore Services ASA Annual Data

Book Value per Share CPI Adj_Book
201612 52.941 104.400 70.537
201712 54.586 106.100 71.564
201812 196.587 109.800 249.046
201912 146.799 111.300 183.466
202012 55.811 112.900 68.763
202112 30.689 118.900 35.903
202212 36.491 125.900 40.317
202312 21.225 131.900 22.384
202412 17.149 134.800 17.696
202512 9.319 139.100 9.319

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 kr76.90 mean?
Golden Energy Offshore Services ASA (OSL:GEOS) has a Cyclically Adjusted Book per Share of kr76.90 as of Dec. 2025. 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 Golden Energy Offshore Services ASA and its competitors.
Is Golden Energy Offshore Services ASA's Cyclically Adjusted Book per Share too high?
Golden Energy Offshore Services ASA's current Cyclically Adjusted Book per Share is kr76.90. Overall, Golden Energy Offshore Services ASA has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Energy Offshore Services ASA's Cyclically Adjusted Book per Share compare to competitors?
Golden Energy Offshore Services ASA's Cyclically Adjusted Book per Share of kr76.90 can be compared against companies in the Transportation 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 a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation 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 Golden Energy Offshore Services ASA and its competitors. Golden Energy Offshore Services ASA's current Cyclically Adjusted Book per Share is kr76.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Energy Offshore Services ASA stock overvalued right now?
Based on GuruFocus' analysis, Golden Energy Offshore Services ASA (OSL:GEOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr12.37, compared to a current price of kr10.30 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is kr76.90. Golden Energy Offshore Services ASA's overall GF Score™ is 48/100 with 4 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 Golden Energy Offshore Services ASA (OSL:GEOS), the current Cyclically Adjusted Book per Share is kr76.90 as of Dec. 2025. 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 Golden Energy Offshore Services ASA (OSL:GEOS) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Energy Offshore Services ASA stock appears to be undervalued. The current stock price of kr10.30 is trading 16.7% below its estimated GF Value™ of kr12.37. GuruFocus considers Golden Energy Offshore Services ASA to be Modestly Undervalued.

Key valuation signals for OSL:GEOS:

  • Cyclically Adjusted Book per Share: kr76.90
  • GF Value™: kr12.37 vs. price of kr10.30 (16.7% below fair value)
  • GF Score™: 48/100 with 4 warning signs

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


Golden Energy Offshore Services ASA Business Description

Other Exchanges GEOUF:USAJ9X0:Germany
Address St Olavs Plass 1, Alesund, NOR, 6002
Golden Energy Offshore Services ASA is a Norwegian based offshore service company. The company owns, operates and charters out its vessels to serve the offshore industry, including the oil and gas sector, offshore wind, and subsea markets. The principal activity of the company is to own and charter out its offshore vessels to international oil and gas companies. The company's vessels includes Energy Savanah, Energy Pace, Energy Paradise, Energy Swan, Energy Duchess, and others.
48GF Score

Get the complete analysis for OSL:GEOS

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

kr10.30
Price
kr12.37
GF Value