Civeo (CVEO) Cyclically Adjusted PB Ratio: 0.92 (As of Jul. 11, 2026) — 80% Above Median


CVEO Civeo Corp CVEO
68 GF Score
Price $31.68
GF Value $28.39
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Civeo Cyclically Adjusted PB Ratio?

Civeo CVEO +2.46% 68 Cyclically Adjusted PB Ratio is 0.92 as of Jul. 11, 2026, which is 80% above its 10-year median of 0.51. GuruFocus rates CVEO with a GF Score™ of 68/100 and a GF Value™ of $28.39 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 649 Travel & Leisure companies, Civeo ranks better than 60.09% on this metric.

As of today (2026-07-11), Civeo's current share price is $31.68. Civeo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $34.62. Civeo's Cyclically Adjusted PB Ratio for today is 0.92.

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

CVEO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.51   Max: 1
Current: 0.89

During the past years, Civeo's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.28. And the median was 0.51.

CVEO's Cyclically Adjusted PB Ratio is ranked better than
60.09% of 649 companies
in the Travel & Leisure industry
Industry Median: 1.23 vs CVEO: 0.89

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.

Civeo's adjusted book value per share data for the three months ended in Mar. 2026 was $14.689. 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 $34.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Civeo  (NYSE:CVEO) 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.


Civeo Cyclically Adjusted PB Ratio Related Terms


Civeo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Civeo'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.

Civeo Cyclically Adjusted PB Ratio Chart

Civeo 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 0.48 0.39 0.53 0.64

Civeo 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 0.56 0.59 0.61 0.64 0.76

CVEO vs GHG, INTG, PHSE: Cyclically Adjusted PB Ratio Comparison

For the Lodging subindustry, Civeo'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.


Civeo Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Civeo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CVEO
68GF Score
Civeo Corp CVEO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Civeo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.68/34.62
=0.92

* 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.

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

For example, Civeo'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)
=14.689/330.2130*330.2130
=14.689

Current CPI (Mar. 2026) = 330.2130.

Civeo Quarterly Data

Book Value per Share CPI Adj_Book
201606 60.489 241.018 82.875
201609 57.037 241.428 78.012
201612 52.777 241.432 72.185
201703 48.959 243.801 66.312
201706 48.268 244.955 65.068
201709 47.696 246.819 63.811
201712 43.209 246.524 57.877
201803 37.313 249.554 49.373
201806 37.156 251.989 48.690
201809 36.247 252.439 47.414
201812 34.650 251.233 45.543
201903 32.930 254.202 42.777
201906 32.053 256.143 41.322
201909 31.698 256.759 40.766
201912 30.574 256.974 39.288
202003 16.727 258.115 21.399
202006 19.314 257.797 24.739
202009 20.643 260.280 26.189
202012 22.136 260.474 28.063
202103 21.199 264.877 26.428
202106 21.084 271.696 25.625
202109 20.289 274.310 24.424
202112 21.229 278.802 25.144
202203 21.744 287.504 24.974
202206 21.005 296.311 23.408
202209 19.682 296.808 21.897
202212 19.723 296.797 21.944
202303 19.185 301.836 20.989
202306 19.657 305.109 21.274
202309 19.642 307.789 21.073
202312 21.810 306.746 23.479
202403 20.335 312.332 21.499
202406 20.688 314.175 21.744
202409 20.355 315.301 21.318
202412 17.312 315.605 18.113
202503 16.301 319.799 16.832
202506 16.496 322.561 16.887
202509 15.676 324.800 15.937
202512 15.251 324.054 15.541
202603 14.689 330.213 14.689

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 0.92 mean?
Civeo (CVEO) has a Cyclically Adjusted PB Ratio of 0.92 as of Jul. 11, 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 Civeo and its competitors. This is 80% above median its historical median of 0.51. Over the past decade, Civeo's Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.00. According to the industry distribution chart, Civeo ranks #259 out of 649 companies in the Travel & Leisure industry, placing it in the top 39.9%.
Is Civeo's Cyclically Adjusted PB Ratio too high?
Civeo's current Cyclically Adjusted PB Ratio of 0.92 is 80% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.00. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.23. Civeo's value of 0.92 is 25.2% below this industry median. Based on the distribution chart, Civeo ranks #259 out of 649 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Civeo has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Civeo's Cyclically Adjusted PB Ratio compare to GHG and INTG?
According to the Travel & Leisure industry distribution chart, Civeo ranks #259 out of 649 companies for Cyclically Adjusted PB Ratio. This puts Civeo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Civeo's value of 0.92 is 25.2% below this benchmark. Historically, Civeo's own Cyclically Adjusted PB Ratio has ranged from 0.28 to 1.00 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.23, Civeo 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 a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.23, based on 649 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. Civeo's current Cyclically Adjusted PB Ratio of 0.92 is 25.2% 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 Civeo and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Civeo's current Cyclically Adjusted PB Ratio is 0.92, which is 80% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Civeo stock overvalued right now?
Based on GuruFocus' analysis, Civeo (CVEO) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.39, compared to a current price of $31.68 — trading 11.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 80% above median its 10-year median of 0.51 and 25.2% below the Travel & Leisure industry median of 1.23. Civeo's overall GF Score™ is 68/100 with 5 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 Civeo (CVEO), the current Cyclically Adjusted PB Ratio is 0.92 as of Jul. 11, 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 Civeo (CVEO) Overvalued in 2026?

Based on GuruFocus' analysis, Civeo stock appears to be overvalued. The current stock price of $31.68 is trading 11.6% above its estimated GF Value™ of $28.39. GuruFocus considers Civeo to be Modestly Overvalued.

Key valuation signals for CVEO:

  • Cyclically Adjusted PB Ratio: 0.92 (80% above median its 10-year median of 0.51)
  • GF Value™: $28.39 vs. price of $31.68 (11.6% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 25.2% below the Travel & Leisure median (#259 of 649)

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


Civeo Business Description

Other Exchanges 44C1:Germany
Address 333 Clay Street, Three Allen Center, Suite 4400, Houston, TX, USA, 77002
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatments, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, and Australia. It derives maximum revenue from Australia.
68GF Score

Get the complete analysis for CVEO

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

$31.68
Price
$28.39
GF Value