ACGYF (Subsea 7) Cyclically Adjusted PB Ratio: 2.04 (As of Jul. 15, 2026) — 122% Above Median

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ACGYF Subsea 7 SA ACGYF
68 GF Score
Price $32.65
GF Value $18.81
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Subsea 7 Cyclically Adjusted PB Ratio?

Subsea 7 ACGYF 68 Cyclically Adjusted PB Ratio is 2.04 as of Jul. 15, 2026, which is 122% above its 10-year median of 0.92. GuruFocus rates ACGYF with a GF Score™ of 68/100 and a GF Value™ of $18.81 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 773 Oil & Gas companies, Subsea 7 ranks worse than 68.82% on this metric.

As of today (2026-07-15), Subsea 7's current share price is $32.65. Subsea 7's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $15.97. Subsea 7's Cyclically Adjusted PB Ratio for today is 2.04.

The historical rank and industry rank for Subsea 7's Cyclically Adjusted PB Ratio or its related term are showing as below:

ACGYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.92   Max: 2.1
Current: 2.01

During the past years, Subsea 7's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 0.37. And the median was 0.92.

ACGYF's Cyclically Adjusted PB Ratio is ranked worse than
68.82% of 773 companies
in the Oil & Gas industry
Industry Median: 1.18 vs ACGYF: 2.01

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.

Subsea 7's adjusted book value per share data for the three months ended in Mar. 2026 was $15.243. 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 $15.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Subsea 7  (OTCPK:ACGYF) 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.


Subsea 7 Cyclically Adjusted PB Ratio Related Terms


Subsea 7 Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Subsea 7'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.

Subsea 7 Cyclically Adjusted PB Ratio Chart

Subsea 7 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.73 0.92 1.10 1.23

Subsea 7 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.01 1.14 1.24 1.23 1.81

ACGYF vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Subsea 7'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.


Subsea 7 Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Subsea 7's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Subsea 7's Cyclically Adjusted PB Ratio falls into.


ACGYF
68GF Score
Subsea 7 SA ACGYF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Subsea 7 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.

Subsea 7's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.65/15.97
=2.04

* 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.

Subsea 7's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Subsea 7's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.243/127.1600*127.1600
=15.243

Current CPI (Mar. 2026) = 127.1600.

Subsea 7 Quarterly Data

Book Value per Share CPI Adj_Book
201606 16.975 100.660 21.444
201609 17.388 100.750 21.946
201612 17.136 101.040 21.566
201703 17.384 101.780 21.719
201706 17.283 102.170 21.510
201709 17.873 102.520 22.169
201712 18.047 102.410 22.409
201803 18.299 102.900 22.613
201806 17.579 103.650 21.566
201809 17.726 104.580 21.553
201812 17.809 104.320 21.708
201903 18.054 105.140 21.835
201906 18.097 105.550 21.802
201909 18.120 105.900 21.758
201912 17.834 106.080 21.378
202003 17.540 106.040 21.033
202006 14.516 106.340 17.358
202009 14.431 106.620 17.211
202012 14.203 106.670 16.931
202103 14.253 108.140 16.760
202106 14.006 108.680 16.388
202109 14.104 109.470 16.383
202112 14.160 111.090 16.208
202203 14.148 114.780 15.674
202206 14.059 116.750 15.313
202209 13.809 117.000 15.008
202212 14.202 117.060 15.427
202303 14.538 118.910 15.547
202306 14.312 120.460 15.108
202309 14.370 121.740 15.010
202312 14.388 121.170 15.099
202403 14.444 122.590 14.982
202406 14.126 123.120 14.590
202409 14.478 123.300 14.931
202412 14.378 122.430 14.933
202503 14.606 124.210 14.953
202506 14.009 125.820 14.158
202509 14.377 126.570 14.444
202512 14.879 126.180 14.995
202603 15.243 127.160 15.243

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.

What does a Cyclically Adjusted PB Ratio of 2.04 mean?
Subsea 7 (ACGYF) has a Cyclically Adjusted PB Ratio of 2.04 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Subsea 7 and its competitors. This is 122% above median its historical median of 0.92. Over the past decade, Subsea 7's Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.10. According to the industry distribution chart, Subsea 7 ranks #532 out of 773 companies in the Oil & Gas industry, placing it in the top 68.8%.
Is Subsea 7's Cyclically Adjusted PB Ratio too high?
Subsea 7's current Cyclically Adjusted PB Ratio of 2.04 is 122% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.10. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Subsea 7's value of 2.04 is 72.9% above this industry median. Based on the distribution chart, Subsea 7 ranks #532 out of 773 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Subsea 7 has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Subsea 7's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Subsea 7 ranks #532 out of 773 companies for Cyclically Adjusted PB Ratio. This places Subsea 7 in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Subsea 7's value of 2.04 is 72.9% above this benchmark. Historically, Subsea 7's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 2.10 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 1.18, Subsea 7 has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 773 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Subsea 7's current Cyclically Adjusted PB Ratio of 2.04 is 72.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Subsea 7 and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subsea 7's current Cyclically Adjusted PB Ratio is 2.04, which is 122% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subsea 7 stock overvalued right now?
Based on GuruFocus' analysis, Subsea 7 (ACGYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.81, compared to a current price of $32.65 — trading 73.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.04, which is 122% above median its 10-year median of 0.92 and 72.9% above the Oil & Gas industry median of 1.18. Subsea 7's overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Subsea 7 (ACGYF), the current Cyclically Adjusted PB Ratio is 2.04 as of Jul. 15, 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 Subsea 7 (ACGYF) Overvalued in 2026?

Based on GuruFocus' analysis, Subsea 7 stock appears to be overvalued. The current stock price of $32.65 is trading 73.6% above its estimated GF Value™ of $18.81. GuruFocus considers Subsea 7 to be Significantly Overvalued.

Key valuation signals for ACGYF:

  • Cyclically Adjusted PB Ratio: 2.04 (122% above median its 10-year median of 0.92)
  • GF Value™: $18.81 vs. price of $32.65 (73.6% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 72.9% above the Oil & Gas median (#532 of 773)

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


Subsea 7 Business Description

Industry EnergyOil & Gas
Address 412F, Route d\'Esch, Luxembourg, LUX, L-1471
Subsea 7 SA is an engineering and construction service provider in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. Its segments are Subsea and Conventional, Renewables, and Corporate. The group generates the majority of its revenue from the Subsea and Conventional segment includes Subsea Umbilicals, Risers and Flowlines, Conventional services, Activities associated with the provision of inspection, repair and maintenance (IRM) services, heavy lifting operations, and decommissioning of redundant offshore structures, carbon capture, and utilisation and storage. Its geographic areas are Norway, Brazil, the United Kingdom, and Others.
68GF Score

Get the complete analysis for ACGYF

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

$32.65
Price
$18.81
GF Value