Akita Drilling (FRA:7740) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:7740 Akita Drilling Ltd FRA:7740
56 GF Score
Price €2.16
GF Value €1.26
Valuation Significantly Overvalued
! 2 Warning Signs
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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  (FRA:7740) 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

FRA:7740 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.


FRA:7740
56GF Score
Akita Drilling Ltd FRA:7740
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)
=3.865/333.9520*333.9520
=3.865

Current CPI (Jun. 2026) = 333.9520.

Akita Drilling Quarterly Data

Book Value per Share CPI Adj_Book
201609 8.535 241.428 11.806
201612 8.698 241.432 12.031
201703 8.298 243.801 11.366
201706 7.732 244.955 10.541
201709 7.690 246.819 10.405
201712 6.433 246.524 8.714
201803 5.972 249.554 7.992
201806 6.051 251.989 8.019
201809 4.650 252.439 6.151
201812 4.488 251.233 5.966
201903 4.451 254.202 5.847
201906 4.346 256.143 5.666
201909 4.388 256.759 5.707
201912 4.230 256.974 5.497
202003 3.177 258.115 4.110
202006 3.123 257.797 4.046
202009 2.923 260.280 3.750
202012 2.467 260.474 3.163
202103 2.506 264.877 3.160
202106 2.440 271.696 2.999
202109 2.304 274.310 2.805
202112 2.295 278.802 2.749
202203 2.326 287.504 2.702
202206 2.321 296.311 2.616
202209 2.450 296.808 2.757
202212 2.416 296.797 2.718
202303 2.538 301.836 2.808
202306 2.681 305.109 2.934
202309 2.754 307.789 2.988
202312 2.685 306.746 2.923
202403 2.725 312.332 2.914
202406 2.716 314.175 2.887
202409 2.680 315.301 2.839
202412 2.893 315.605 3.061
202503 2.923 319.799 3.052
202506 2.889 322.561 2.991
202509 2.843 324.800 2.923
202512 2.907 324.054 2.996
202603 2.950 330.213 2.983
202606 3.865 333.952 3.865

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 (FRA:7740) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.16 is trading 71.4% above its estimated GF Value™ of €1.26. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:7740:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €1.26 vs. price of €2.16 (71.4% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the FRA:7740 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Akita Drilling Business Description

Industry EnergyOil & Gas
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.
56GF Score

Get the complete analysis for FRA:7740

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

€2.16
Price
€1.26
GF Value