Conpet (BSE:COTE) Cyclically Adjusted PB Ratio: 0.88 (As of Aug. 19, 2026) — 12% Below Median

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BSE:COTE Conpet SA BSE:COTE
71 GF Score
Price lei77.20
GF Value lei90.93
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Conpet Cyclically Adjusted PB Ratio?

Conpet BSE:COTE -0.26% 71 Cyclically Adjusted PB Ratio is 0.88 as of Aug. 19, 2026, which is 12% below its 10-year median of 1.00. GuruFocus rates BSE:COTE with a GF Score™ of 71/100 and a GF Value™ of lei90.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 760 Oil & Gas companies, Conpet ranks better than 61.05% on this metric.

As of today (2026-08-19), Conpet's current share price is lei77.20. Conpet's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was lei88.21. Conpet's Cyclically Adjusted PB Ratio for today is 0.88.

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

BSE:COTE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1   Max: 1.21
Current: 0.88

During the past years, Conpet's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.85. And the median was 1.00.

BSE:COTE's Cyclically Adjusted PB Ratio is ranked better than
61.05% of 760 companies
in the Oil & Gas industry
Industry Median: 1.2 vs BSE:COTE: 0.88

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.

Conpet's adjusted book value per share data for the three months ended in Dec. 2025 was lei82.802. 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 lei88.21 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Conpet  (BSE:COTE) 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.


Conpet Cyclically Adjusted PB Ratio Related Terms


Conpet Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Conpet'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.

Conpet Cyclically Adjusted PB Ratio Chart

Conpet 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 0.00 0.98 1.12 0.93 0.87

Conpet Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.93 0.97 0.92 0.91 0.87

BSE:COTE vs WMB, EPD, KMI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Conpet'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.


Conpet Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


BSE:COTE
71GF Score
Conpet SA BSE:COTE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Conpet 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.

Conpet's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=77.20/88.21
=0.88

* 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.

Conpet's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Conpet's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=82.802/324.0540*324.0540
=82.802

Current CPI (Dec. 2025) = 324.0540.

Conpet Quarterly Data

Book Value per Share CPI Adj_Book
201603 24.811 238.132 33.763
201606 23.617 241.018 31.754
201609 24.435 241.428 32.798
201612 91.905 241.432 123.356
201703 94.771 243.801 125.967
201706 81.098 244.955 107.286
201709 84.412 246.819 110.826
201712 76.045 246.524 99.961
201803 78.011 249.554 101.300
201806 71.787 251.989 92.317
201809 74.492 252.439 95.625
201812 76.409 251.233 98.556
201903 78.085 254.202 99.542
201906 72.511 256.143 91.736
201909 74.673 256.759 94.244
201912 75.515 256.974 95.227
202003 77.515 258.115 97.317
202006 72.375 257.797 90.976
202009 74.398 260.280 92.627
202012 75.885 260.474 94.408
202103 77.074 264.877 94.293
202106 72.609 271.696 86.601
202109 74.745 274.310 88.299
202112 77.144 278.802 89.665
202203 79.760 287.504 89.900
202206 74.755 296.311 81.754
202209 77.422 296.808 84.529
202212 79.013 296.797 86.269
202303 81.699 301.836 87.713
202306 76.386 305.109 81.129
202309 78.909 307.789 83.079
202312 84.349 306.746 89.108
202403 85.998 312.332 89.226
202406 80.969 314.175 83.515
202409 82.801 315.301 85.100
202412 84.395 315.605 86.654
202503 85.547 319.799 86.685
202506 79.787 322.561 80.156
202509 82.538 324.800 82.348
202512 82.802 324.054 82.802

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 0.88 mean?
Conpet (BSE:COTE) has a Cyclically Adjusted PB Ratio of 0.88 as of Aug. 19, 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 Conpet and its competitors. This is 12% below median its historical median of 1.00. Over the past decade, Conpet's Cyclically Adjusted PB Ratio has ranged from 0.85 to 1.21. According to the industry distribution chart, Conpet ranks #296 out of 760 companies in the Oil & Gas industry, placing it in the top 38.9%.
Is Conpet's Cyclically Adjusted PB Ratio too high?
Conpet's current Cyclically Adjusted PB Ratio of 0.88 is 12% below median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.21. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Conpet's value of 0.88 is 26.7% below this industry median. Based on the distribution chart, Conpet ranks #296 out of 760 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Conpet has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Conpet's Cyclically Adjusted PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Conpet ranks #296 out of 760 companies for Cyclically Adjusted PB Ratio. This puts Conpet in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Conpet's value of 0.88 is 26.7% below this benchmark. Historically, Conpet's own Cyclically Adjusted PB Ratio has ranged from 0.85 to 1.21 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.20, Conpet has consistently been below 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 760 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. Conpet's current Cyclically Adjusted PB Ratio of 0.88 is 26.7% below 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 Conpet 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. Conpet's current Cyclically Adjusted PB Ratio is 0.88, which is 12% below median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conpet stock overvalued right now?
Based on GuruFocus' analysis, Conpet (BSE:COTE) is currently considered Modestly Undervalued. The stock's GF Value™ is lei90.93, compared to a current price of lei77.20 — trading 15.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.88, which is 12% below median its 10-year median of 1.00 and 26.7% below the Oil & Gas industry median of 1.20. Conpet's overall GF Score™ is 71/100 with 2 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 Conpet (BSE:COTE), the current Cyclically Adjusted PB Ratio is 0.88 as of Aug. 19, 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 Conpet (BSE:COTE) Overvalued in 2026?

Based on GuruFocus' analysis, Conpet stock appears to be undervalued. The current stock price of lei77.20 is trading 15.1% below its estimated GF Value™ of lei90.93. GuruFocus considers Conpet to be Modestly Undervalued.

Key valuation signals for BSE:COTE:

  • Cyclically Adjusted PB Ratio: 0.88 (12% below median its 10-year median of 1.00)
  • GF Value™: lei90.93 vs. price of lei77.20 (15.1% below fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 26.7% below the Oil & Gas median (#296 of 760)

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


Conpet Business Description

Industry EnergyOil & Gas
Address No.1-3. Anul 1848 Street, Prahova County, Ploiesti, ROU, 100559
Conpet SA operates in the energy sector. Its business includes midstream oil and gas activities related to the transportation of crude oil, rich gas, condensate, and ethane through the National Pipeline Transport System. Transmission operations are coordinated from the Central Dispatch Center. The company has a single reportable segment, namely transport services supply for its clients both via the National Transport System and by railway.
71GF Score

Get the complete analysis for BSE:COTE

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

lei77.20
Price
lei90.93
GF Value