Dolphin Offshore Enterprises India (BOM:522261) Cyclically Adjusted PB Ratio: (As of Aug. 12, 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.

BOM:522261 Dolphin Offshore Enterprises India Ltd BOM:522261
40 GF Score
Price ₹497.00
! 3 Warning Signs
View Full Analysis

What is Dolphin Offshore Enterprises India Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Dolphin Offshore Enterprises India  (BOM:522261) 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.


Dolphin Offshore Enterprises India Cyclically Adjusted PB Ratio Related Terms


Dolphin Offshore Enterprises India Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dolphin Offshore Enterprises India'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.

Dolphin Offshore Enterprises India Cyclically Adjusted PB Ratio Chart

Dolphin Offshore Enterprises India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.13 0.19

Dolphin Offshore Enterprises India Quarterly Data
Mar17 Mar18 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 0.00 0.17 0.00 0.19 0.00

BOM:522261 vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises India'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.


Dolphin Offshore Enterprises India Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Dolphin Offshore Enterprises India's Cyclically Adjusted PB Ratio falls into.


BOM:522261
40GF Score
Dolphin Offshore Enterprises India Ltd BOM:522261
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dolphin Offshore Enterprises India 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.

Dolphin Offshore Enterprises India's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Dolphin Offshore Enterprises India'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)
=0/166.1454*166.1454
=0.000

Current CPI (Jun. 2026) = 166.1454.

Dolphin Offshore Enterprises India Quarterly Data

Book Value per Share CPI Adj_Book
201203 1,148.979 76.889 2,482.778
201206 0.000 79.567 0.000
201209 2,308.731 82.244 4,663.977
201212 0.000 83.774 0.000
201303 1,314.020 85.687 2,547.859
201306 0.000 88.365 0.000
201309 1,629.172 91.042 2,973.114
201312 0.000 91.425 0.000
201403 1,665.754 91.425 3,027.155
201406 0.000 94.103 0.000
201409 1,875.109 96.780 3,219.048
201412 0.000 96.780 0.000
201503 1,865.167 97.163 3,189.375
201506 0.000 99.841 0.000
201509 2,076.653 101.753 3,390.812
201512 0.000 102.901 0.000
201603 2,899.882 102.518 4,699.669
201606 0.000 105.961 0.000
201609 2,233.672 105.961 3,502.364
201612 0.000 105.196 0.000
201703 2,814.181 105.196 4,444.686
201803 2,777.213 109.786 4,202.899
202203 200.357 138.822 239.792
202206 0.000 142.347 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 56.143 146.865 63.514
202306 0.000 150.280 0.000
202309 57.172 151.492 62.702
202312 0.000 152.924 0.000
202403 55.325 153.035 60.065
202406 0.000 155.789 0.000
202409 60.544 157.882 63.713
202412 0.000 158.323 0.000
202503 68.093 157.552 71.807
202506 0.000 159.755 0.000
202509 75.544 162.289 77.339
202512 0.000 163.281 0.000
202603 88.346 164.272 89.353
202606 0.000 166.145 0.000

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.


Dolphin Offshore Enterprises India Business Description

Industry EnergyOil & Gas
Other Exchanges DOLPHIN:India
Address S.V. Road, May Fair, A-11, Second Floor, New Fair Co-Operative Housing Society Ltd, Bandra West, Mumbai, MH, IND, 400050
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
40GF Score

Get the complete analysis for BOM:522261

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

₹497.00
Price