AKRBY (Aker BP ASA) Cyclically Adjusted PB Ratio: 2.61 (As of Jul. 22, 2026) — 46% Below Median

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AKRBY Aker BP ASA AKRBY
84 GF Score
Price $17.10
GF Value $10.63
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Aker BP ASA Cyclically Adjusted PB Ratio?

Aker BP ASA AKRBY +2.04% 84 Cyclically Adjusted PB Ratio is 2.61 as of Jul. 22, 2026, which is 46% below its 10-year median of 4.86. GuruFocus rates AKRBY with a GF Score™ of 84/100 and a GF Value™ of $10.63 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 773 Oil & Gas companies, Aker BP ASA ranks worse than 76.46% on this metric.

As of today (2026-07-22), Aker BP ASA's current share price is $17.10. Aker BP ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $6.56. Aker BP ASA's Cyclically Adjusted PB Ratio for today is 2.61.

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

AKRBY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 4.86   Max: 9.59
Current: 2.41

During the past years, Aker BP ASA's highest Cyclically Adjusted PB Ratio was 9.59. The lowest was 1.94. And the median was 4.86.

AKRBY's Cyclically Adjusted PB Ratio is ranked worse than
76.46% of 773 companies
in the Oil & Gas industry
Industry Median: 1.2 vs AKRBY: 2.41

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.

Aker BP ASA's adjusted book value per share data for the three months ended in Jun. 2026 was $9.236. 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 $6.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker BP ASA  (OTCPK:AKRBY) 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.


Aker BP ASA Cyclically Adjusted PB Ratio Related Terms


Aker BP ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aker BP 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.

Aker BP ASA Cyclically Adjusted PB Ratio Chart

Aker BP ASA 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 5.75 4.83 3.51 2.12 2.07

Aker BP ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.24 2.12 2.07 2.78 2.26

AKRBY vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Aker BP 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.


Aker BP ASA Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


AKRBY
84GF Score
Aker BP ASA AKRBY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aker BP 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.

Aker BP ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.10/6.56
=2.61

* 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.

Aker BP ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Aker BP ASA'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)
=9.236/141.8500*141.8500
=9.236

Current CPI (Jun. 2026) = 141.8500.

Aker BP ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.818 104.200 5.198
201612 3.626 104.400 4.927
201703 3.635 105.000 4.911
201706 3.632 105.800 4.870
201709 3.474 105.900 4.653
201712 4.150 106.100 5.548
201803 4.319 107.300 5.710
201806 4.255 108.500 5.563
201809 4.280 109.500 5.544
201812 4.133 109.800 5.339
201903 3.887 110.400 4.994
201906 3.703 110.600 4.749
201909 3.393 111.100 4.332
201912 3.287 111.300 4.189
202003 2.521 111.200 3.216
202006 2.659 112.100 3.365
202009 2.682 112.900 3.370
202012 2.759 112.900 3.466
202103 2.764 114.600 3.421
202106 2.823 115.300 3.473
202109 2.961 117.500 3.575
202112 3.053 118.900 3.642
202203 3.763 119.800 4.456
202206 9.546 122.600 11.045
202209 9.094 125.600 10.271
202212 9.835 125.900 11.081
202303 9.708 127.600 10.792
202306 9.747 130.400 10.603
202309 9.933 129.800 10.855
202312 9.791 131.900 10.530
202403 9.920 132.600 10.612
202406 10.054 133.800 10.659
202409 9.891 133.700 10.494
202412 10.041 134.800 10.566
202503 9.976 136.100 10.397
202506 9.398 137.800 9.674
202509 9.309 138.500 9.534
202512 8.885 139.100 9.061
202603 9.154 141.030 9.207
202606 9.236 141.850 9.236

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 2.61 mean?
Aker BP ASA (AKRBY) has a Cyclically Adjusted PB Ratio of 2.61 as of Jul. 22, 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 Aker BP ASA and its competitors. This is 46% below median its historical median of 4.86. Over the past decade, Aker BP ASA's Cyclically Adjusted PB Ratio has ranged from 1.94 to 9.59. According to the industry distribution chart, Aker BP ASA ranks #591 out of 773 companies in the Oil & Gas industry, placing it in the top 76.5%.
Is Aker BP ASA's Cyclically Adjusted PB Ratio too high?
Aker BP ASA's current Cyclically Adjusted PB Ratio of 2.61 is 46% below median its 10-year median of 4.86. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 9.59. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Aker BP ASA's value of 2.61 is 117.5% above this industry median. Based on the distribution chart, Aker BP ASA ranks #591 out of 773 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Aker BP ASA has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker BP ASA's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Aker BP ASA ranks #591 out of 773 companies for Cyclically Adjusted PB Ratio. This places Aker BP ASA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Aker BP ASA's value of 2.61 is 117.5% above this benchmark. Historically, Aker BP ASA's own Cyclically Adjusted PB Ratio has ranged from 1.94 to 9.59 over the past decade. While the company's 10-year median is 4.86 vs. the industry median of 1.20, Aker BP ASA 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 1.20, 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. Aker BP ASA's current Cyclically Adjusted PB Ratio of 2.61 is 117.5% 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 Aker BP ASA and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker BP ASA's current Cyclically Adjusted PB Ratio is 2.61, which is 46% below median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker BP ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker BP ASA (AKRBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.63, compared to a current price of $17.10 — trading 60.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.61, which is 46% below median its 10-year median of 4.86 and 117.5% above the Oil & Gas industry median of 1.20. Aker BP ASA's overall GF Score™ is 84/100 with 7 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 Aker BP ASA (AKRBY), the current Cyclically Adjusted PB Ratio is 2.61 as of Jul. 22, 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 Aker BP ASA (AKRBY) Overvalued in 2026?

Based on GuruFocus' analysis, Aker BP ASA stock appears to be overvalued. The current stock price of $17.10 is trading 60.9% above its estimated GF Value™ of $10.63. GuruFocus considers Aker BP ASA to be Significantly Overvalued.

Key valuation signals for AKRBY:

  • Cyclically Adjusted PB Ratio: 2.61 (46% below median its 10-year median of 4.86)
  • GF Value™: $10.63 vs. price of $17.10 (60.9% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 117.5% above the Oil & Gas median (#591 of 773)

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


Aker BP ASA Business Description

Industry EnergyOil & Gas
Address Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, Johan Sverdrup, Ula and Valhall. The company generates revenue from the sale of liquids, sale of gas, and Tariff income, out of which the majority revenue is derived from sale of liquids.
84GF Score

Get the complete analysis for AKRBY

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

$17.10
Price
$10.63
GF Value