CESDF (CES Energy Solutions) Cyclically Adjusted PB Ratio: 6.52 (As of Aug. 07, 2026) — 293% Above Median

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CESDF CES Energy Solutions Corp CESDF
77 GF Score
Price $13.50
GF Value $6.74
Valuation Significantly Overvalued
! 1 Warning Sign
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What is CES Energy Solutions Cyclically Adjusted PB Ratio?

CES Energy Solutions CESDF +15.19% 77 Cyclically Adjusted PB Ratio is 6.52 as of Aug. 07, 2026, which is 293% above its 10-year median of 1.66. GuruFocus rates CESDF with a GF Score™ of 77/100 and a GF Value™ of $6.74 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 767 Oil & Gas companies, CES Energy Solutions ranks worse than 93.48% on this metric.

As of today (2026-08-07), CES Energy Solutions's current share price is $13.50. CES Energy Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.07. CES Energy Solutions's Cyclically Adjusted PB Ratio for today is 6.52.

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

CESDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.66   Max: 6.83
Current: 5.7

During the past years, CES Energy Solutions's highest Cyclically Adjusted PB Ratio was 6.83. The lowest was 0.28. And the median was 1.66.

CESDF's Cyclically Adjusted PB Ratio is ranked worse than
93.48% of 767 companies
in the Oil & Gas industry
Industry Median: 1.2 vs CESDF: 5.70

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.

CES Energy Solutions's adjusted book value per share data for the three months ended in Mar. 2026 was $2.914. 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 $2.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CES Energy Solutions  (OTCPK:CESDF) 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.


CES Energy Solutions Cyclically Adjusted PB Ratio Related Terms


CES Energy Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CES Energy Solutions'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.

CES Energy Solutions Cyclically Adjusted PB Ratio Chart

CES Energy Solutions 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 0.89 1.11 1.31 3.64 4.37

CES Energy Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.68 2.38 3.36 4.37 6.39

CESDF vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.


CES Energy Solutions Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


CESDF
77GF Score
CES Energy Solutions Corp CESDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CES Energy Solutions 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.

CES Energy Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.50/2.07
=6.52

* 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.

CES Energy Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CES Energy Solutions's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.914/132.2623*132.2623
=2.914

Current CPI (Mar. 2026) = 132.2623.

CES Energy Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.614 102.002 2.093
201609 1.611 101.765 2.094
201612 1.626 101.449 2.120
201703 1.660 102.634 2.139
201706 1.651 103.029 2.119
201709 1.774 103.345 2.270
201712 1.734 103.345 2.219
201803 1.816 105.004 2.287
201806 1.877 105.557 2.352
201809 1.860 105.636 2.329
201812 1.953 105.399 2.451
201903 1.919 106.979 2.373
201906 1.902 107.690 2.336
201909 1.952 107.611 2.399
201912 1.954 107.769 2.398
202003 1.409 107.927 1.727
202006 1.305 108.401 1.592
202009 1.275 108.164 1.559
202012 1.377 108.559 1.678
202103 1.395 110.298 1.673
202106 1.431 111.720 1.694
202109 1.459 112.905 1.709
202112 1.498 113.774 1.741
202203 1.502 117.646 1.689
202206 1.589 120.806 1.740
202209 1.713 120.648 1.878
202212 1.761 120.964 1.925
202303 1.811 122.702 1.952
202306 1.907 124.203 2.031
202309 1.995 125.230 2.107
202312 2.078 125.072 2.197
202403 2.231 126.258 2.337
202406 2.364 127.522 2.452
202409 2.400 127.285 2.494
202412 2.536 127.364 2.634
202503 2.573 129.181 2.634
202506 2.627 129.892 2.675
202509 2.708 130.287 2.749
202512 2.754 130.366 2.794
202603 2.914 132.262 2.914

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 6.52 mean?
CES Energy Solutions (CESDF) has a Cyclically Adjusted PB Ratio of 6.52 as of Aug. 07, 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 CES Energy Solutions and its competitors. This is 293% above median its historical median of 1.66. Over the past decade, CES Energy Solutions' Cyclically Adjusted PB Ratio has ranged from 0.28 to 6.83. According to the industry distribution chart, CES Energy Solutions ranks #717 out of 767 companies in the Oil & Gas industry, placing it in the top 93.5%.
Is CES Energy Solutions' Cyclically Adjusted PB Ratio too high?
CES Energy Solutions' current Cyclically Adjusted PB Ratio of 6.52 is 293% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 6.83. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. CES Energy Solutions' value of 6.52 is 443.3% above this industry median. Based on the distribution chart, CES Energy Solutions ranks #717 out of 767 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, CES Energy Solutions has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CES Energy Solutions' Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CES Energy Solutions ranks #717 out of 767 companies for Cyclically Adjusted PB Ratio. This places CES Energy Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. CES Energy Solutions' value of 6.52 is 443.3% above this benchmark. Historically, CES Energy Solutions' own Cyclically Adjusted PB Ratio has ranged from 0.28 to 6.83 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 1.20, CES Energy Solutions 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 767 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. CES Energy Solutions's current Cyclically Adjusted PB Ratio of 6.52 is 443.3% 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 CES Energy Solutions 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. CES Energy Solutions's current Cyclically Adjusted PB Ratio is 6.52, which is 293% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, CES Energy Solutions (CESDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.74, compared to a current price of $13.50 — trading 100.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.52, which is 293% above median its 10-year median of 1.66 and 443.3% above the Oil & Gas industry median of 1.20. CES Energy Solutions' overall GF Score™ is 77/100 with 1 warning sign 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 CES Energy Solutions (CESDF), the current Cyclically Adjusted PB Ratio is 6.52 as of Aug. 07, 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 CES Energy Solutions (CESDF) Overvalued in 2026?

Based on GuruFocus' analysis, CES Energy Solutions stock appears to be overvalued. The current stock price of $13.50 is trading 100.3% above its estimated GF Value™ of $6.74. GuruFocus considers CES Energy Solutions to be Significantly Overvalued.

Key valuation signals for CESDF:

  • Cyclically Adjusted PB Ratio: 6.52 (293% above median its 10-year median of 1.66)
  • GF Value™: $6.74 vs. price of $13.50 (100.3% above fair value)
  • GF Score™: 77/100 with 1 warning sign
  • Industry Position: 443.3% above the Oil & Gas median (#717 of 767)

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


CES Energy Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges 7C4:GermanyCEU:Canada
Address 332 - 6th Avenue S.W., Suite 1400, Calgary, AB, CAN, T2P 0B2
CES Energy Solutions Corp business is to design, implement, and manufacture consumable fluids and specialty chemicals for the North American oil and gas industry. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.
77GF Score

Get the complete analysis for CESDF

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

$13.50
Price
$6.74
GF Value