AKTAF (Akita Drilling) Cyclically Adjusted PB Ratio: (As of Aug. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

AKTAF Akita Drilling Ltd AKTAF
48 GF Score
Price $2.93
GF Value $1.50
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Akita Drilling Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akita Drilling  (OTCPK:AKTAF) 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.


Akita Drilling Cyclically Adjusted PB Ratio Related Terms


Akita Drilling Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Akita Drilling'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.

Akita Drilling Cyclically Adjusted PB Ratio Chart

Akita Drilling 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 0.22 0.24 0.19 0.29 0.29

Akita Drilling 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 0.27 0.28 0.29 0.58 0.55

AKTAF vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, Akita Drilling'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.


Akita Drilling Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


AKTAF
48GF Score
Akita Drilling Ltd AKTAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akita Drilling 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.

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

For example, Akita Drilling'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)
=2.968/333.9520*333.9520
=2.968

Current CPI (Jun. 2026) = 333.9520.

Akita Drilling Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.580 241.428 13.251
201612 9.176 241.432 12.692
201703 8.875 243.801 12.157
201706 8.688 244.955 11.845
201709 9.165 246.819 12.400
201712 7.613 246.524 10.313
201803 7.364 249.554 9.854
201806 7.068 251.989 9.367
201809 5.426 252.439 7.178
201812 5.106 251.233 6.787
201903 5.030 254.202 6.608
201906 4.910 256.143 6.402
201909 4.833 256.759 6.286
201912 4.700 256.974 6.108
202003 3.511 258.115 4.543
202006 3.517 257.797 4.556
202009 3.443 260.280 4.418
202012 3.001 260.474 3.848
202103 2.983 264.877 3.761
202106 2.940 271.696 3.614
202109 2.711 274.310 3.300
202112 2.593 278.802 3.106
202203 2.561 287.504 2.975
202206 2.454 296.311 2.766
202209 2.426 296.808 2.730
202212 2.559 296.797 2.879
202303 2.718 301.836 3.007
202306 2.905 305.109 3.180
202309 2.939 307.789 3.189
202312 2.927 306.746 3.187
202403 2.962 312.332 3.167
202406 2.924 314.175 3.108
202409 2.975 315.301 3.151
202412 3.030 315.605 3.206
202503 3.160 319.799 3.300
202506 3.332 322.561 3.450
202509 3.336 324.800 3.430
202512 3.404 324.054 3.508
202603 3.411 330.213 3.450
202606 2.968 333.952 2.968

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 Akita Drilling (AKTAF) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of $2.93 is trading 95.3% above its estimated GF Value™ of $1.50. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for AKTAF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $1.50 vs. price of $2.93 (95.3% above fair value)
  • GF Score™: 48/100 with 2 warning signs

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


Akita Drilling Business Description

Industry EnergyOil & Gas
Other Exchanges AKT:Canada
Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
48GF Score

Get the complete analysis for AKTAF

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

$2.93
Price
$1.50
GF Value