RIG (Transocean) Cyclically Adjusted Book per Share: $20.41 (As of Jun. 2026)

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RIG Transocean Ltd RIG
57 GF Score
Price $5.82
GF Value $4.62
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Transocean Cyclically Adjusted Book per Share?

Transocean RIG -0.85% 57 Cyclically Adjusted Book per Share is $20.41 as of Jun. 2026. GuruFocus rates RIG with a GF Score™ of 57/100 and a GF Value™ of $4.62 (Modestly Overvalued). 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.

Transocean's adjusted book value per share for the three months ended in Jun. 2026 was $7.493. 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 $20.41 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Transocean's average Cyclically Adjusted Book Growth Rate was -14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -9.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Transocean was 12.30% per year. The lowest was -10.90% per year. And the median was 3.05% per year.

As of today (2026-08-18), Transocean's current stock price is $5.82. Transocean's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $20.41. Transocean's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Transocean was 0.34. The lowest was 0.02. And the median was 0.17.


Transocean  (NYSE:RIG) 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.

Transocean's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.82/20.41
=0.29

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Transocean was 0.34. The lowest was 0.02. And the median was 0.17.


Be Aware

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


Transocean Cyclically Adjusted Book per Share Related Terms


Transocean Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Transocean'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.

Transocean Cyclically Adjusted Book per Share Chart

Transocean 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 33.08 31.09 28.25 25.09 21.97

Transocean Quarterly Data
Sep21 Dec21 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 23.89 22.98 21.97 21.23 20.41

RIG vs VAL, NE, PTEN: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Drilling subindustry, Transocean'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.


Transocean Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


RIG
57GF Score
Transocean Ltd RIG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transocean 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, Transocean'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)
=7.493/108.5600*108.5600
=7.493

Current CPI (Jun. 2026) = 108.5600.

Transocean Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.274 99.604 44.985
201612 40.584 99.380 44.333
201703 40.672 100.040 44.136
201706 36.313 100.285 39.309
201709 32.716 100.254 35.427
201712 32.479 100.213 35.184
201803 29.080 100.836 31.308
201806 26.759 101.435 28.639
201809 25.897 101.246 27.768
201812 21.499 100.906 23.130
201903 21.167 101.571 22.624
201906 20.839 102.044 22.170
201909 19.503 101.396 20.881
201912 19.386 101.063 20.824
202003 18.663 101.048 20.051
202006 17.867 100.743 19.253
202009 18.536 100.585 20.006
202012 18.584 100.241 20.126
202103 18.364 100.800 19.778
202106 17.818 101.352 19.085
202109 17.297 101.533 18.494
202112 17.094 101.776 18.234
202203 16.342 103.205 17.190
202206 15.834 104.783 16.405
202209 15.556 104.835 16.109
202212 14.948 104.666 15.504
202303 14.107 106.245 14.414
202306 13.571 106.576 13.824
202309 13.184 106.570 13.430
202312 12.873 106.461 13.127
202403 12.837 107.355 12.981
202406 12.231 107.991 12.295
202409 11.677 107.468 11.796
202412 11.742 107.128 11.899
202503 11.559 107.722 11.649
202506 10.366 108.075 10.413
202509 7.337 107.710 7.395
202512 7.361 107.200 7.454
202603 7.402 108.060 7.436
202606 7.493 108.560 7.493

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 $20.41 mean?
Transocean (RIG) has a Cyclically Adjusted Book per Share of $20.41 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 Transocean and its competitors.
Is Transocean's Cyclically Adjusted Book per Share too high?
Transocean's current Cyclically Adjusted Book per Share is $20.41. Overall, Transocean has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transocean's Cyclically Adjusted Book per Share compare to VAL and NE?
Transocean's Cyclically Adjusted Book per Share of $20.41 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 Transocean and its competitors. Transocean's current Cyclically Adjusted Book per Share is $20.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transocean stock overvalued right now?
Based on GuruFocus' analysis, Transocean (RIG) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.62, compared to a current price of $5.82 — trading 26% above its estimated fair value. The current Cyclically Adjusted Book per Share is $20.41. Transocean's overall GF Score™ is 57/100 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 Transocean (RIG), the current Cyclically Adjusted Book per Share is $20.41 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 Transocean (RIG) Overvalued in 2026?

Based on GuruFocus' analysis, Transocean stock appears to be overvalued. The current stock price of $5.82 is trading 26% above its estimated GF Value™ of $4.62. GuruFocus considers Transocean to be Modestly Overvalued.

Key valuation signals for RIG:

  • Cyclically Adjusted Book per Share: $20.41
  • GF Value™: $4.62 vs. price of $5.82 (26% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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


Transocean Business Description

Industry EnergyOil & Gas
Address Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The company provides mobile offshore drilling rigs, related equipment, and crews to support the drilling of oil and gas wells. Its fleet mainly consists of offshore rigs, including drillships, semisubmersibles, and jackups.
57GF Score

Get the complete analysis for RIG

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

$5.82
Price
$4.62
GF Value