AKRTF (Aker Solutions ASA) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

AKRTF Aker Solutions ASA AKRTF
83 GF Score
Price $4.50
GF Value $6.54
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Aker Solutions ASA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker Solutions ASA  (OTCPK:AKRTF) 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 Solutions ASA Cyclically Adjusted PB Ratio Related Terms


Aker Solutions ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aker Solutions 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 Solutions ASA Cyclically Adjusted PB Ratio Chart

Aker Solutions 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 0.81 1.13 1.29 1.92 0.97

Aker Solutions 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 0.88 0.89 0.90 1.45 1.40

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

For the Oil & Gas Equipment & Services subindustry, Aker Solutions 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 Solutions ASA Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


AKRTF
83GF Score
Aker Solutions ASA AKRTF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, Aker Solutions 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)
=1.792/141.6200*141.6200
=1.792

Current CPI (Jun. 2026) = 141.6200.

Aker Solutions ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.041 104.200 4.133
201612 2.745 104.400 3.724
201703 2.861 105.000 3.859
201706 2.972 105.800 3.978
201709 3.060 105.900 4.092
201712 3.173 106.100 4.235
201803 3.212 107.300 4.239
201806 3.098 108.500 4.044
201809 3.118 109.500 4.033
201812 3.235 109.800 4.173
201903 3.142 110.400 4.031
201906 3.096 110.600 3.964
201909 3.026 111.100 3.857
201912 2.457 111.300 3.126
202003 3.765 111.200 4.795
202006 3.795 112.100 4.794
202009 3.615 112.900 4.535
202012 1.877 112.900 2.354
202103 1.862 114.600 2.301
202106 1.890 115.300 2.321
202109 1.855 117.500 2.236
202112 1.836 118.900 2.187
202203 1.896 119.800 2.241
202206 1.825 122.600 2.108
202209 1.726 125.600 1.946
202212 1.921 125.900 2.161
202303 1.943 127.600 2.156
202306 2.005 130.400 2.178
202309 2.139 129.800 2.334
202312 3.811 131.900 4.092
202403 3.773 132.600 4.030
202406 3.772 133.800 3.992
202409 3.949 133.700 4.183
202412 2.044 134.800 2.147
202503 2.207 136.100 2.297
202506 1.952 137.800 2.006
202509 2.158 138.500 2.207
202512 2.303 139.140 2.344
202603 2.563 141.060 2.573
202606 1.792 141.620 1.792

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.

Is Aker Solutions ASA (AKRTF) Overvalued in 2026?

Based on GuruFocus' analysis, Aker Solutions ASA stock appears to be undervalued. The current stock price of $4.50 is trading 31.2% below its estimated GF Value™ of $6.54. GuruFocus considers Aker Solutions ASA to be Significantly Undervalued.

Key valuation signals for AKRTF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $6.54 vs. price of $4.50 (31.2% below fair value)
  • GF Score™: 83/100 with 6 warning signs

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


Aker Solutions ASA Business Description

Industry EnergyOil & Gas
Address Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA is a provider of equipment, systems, and services to the renewable and oil and gas energy sectors. The company has two reportable segments: Renewables and Field Development, and Life Cycle. The Renewables and Field Development segment focuses on designing and delivering integrated solutions for offshore and onshore facilities, including renewable energy and carbon capture projects. The Life Cycle segment provides maintenance, modification, and asset integrity services, along with decommissioning and electrification solutions to extend the operational life of energy assets. It generates the majority of its revenue from the Renewables and Field Development segment.
83GF Score

Get the complete analysis for AKRTF

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

$4.50
Price
$6.54
GF Value