PHX Energy Services (FRA:7PX) Cyclically Adjusted PB Ratio: 3.22 (As of Aug. 20, 2026) — 213% Above Median

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FRA:7PX PHX Energy Services Corp FRA:7PX
67 GF Score
Price €7.60
GF Value €6.20
Valuation Modestly Overvalued
! 9 Warning Signs
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What is PHX Energy Services Cyclically Adjusted PB Ratio?

PHX Energy Services FRA:7PX 67 Cyclically Adjusted PB Ratio is 3.22 as of Aug. 20, 2026, which is 213% above its 10-year median of 1.03. GuruFocus rates FRA:7PX with a GF Score™ of 67/100 and a GF Value™ of €6.20 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 760 Oil & Gas companies, PHX Energy Services ranks worse than 82.37% on this metric.

As of today (2026-08-20), PHX Energy Services's current share price is €7.60. PHX Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €2.36. PHX Energy Services's Cyclically Adjusted PB Ratio for today is 3.22.

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

FRA:7PX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 1.03   Max: 3.4
Current: 3.05

During the past years, PHX Energy Services's highest Cyclically Adjusted PB Ratio was 3.40. The lowest was 0.14. And the median was 1.03.

FRA:7PX's Cyclically Adjusted PB Ratio is ranked worse than
82.37% of 760 companies
in the Oil & Gas industry
Industry Median: 1.2 vs FRA:7PX: 3.05

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.

PHX Energy Services's adjusted book value per share data for the three months ended in Jun. 2026 was €3.124. 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 €2.36 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PHX Energy Services  (FRA:7PX) 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.


PHX Energy Services Cyclically Adjusted PB Ratio Related Terms


PHX Energy Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PHX Energy Services'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.

PHX Energy Services Cyclically Adjusted PB Ratio Chart

PHX Energy Services 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 1.05 1.80 1.89 2.28 1.87

PHX Energy Services 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 1.98 1.96 1.87 3.26 2.61

FRA:7PX vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, PHX Energy Services'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.


PHX Energy Services Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


FRA:7PX
67GF Score
PHX Energy Services Corp FRA:7PX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PHX Energy Services 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.

PHX Energy Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.60/2.36
=3.22

* 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.

PHX Energy Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PHX Energy Services'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)
=3.124/133.5265*133.5265
=3.124

Current CPI (Jun. 2026) = 133.5265.

PHX Energy Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.541 101.765 3.334
201612 2.495 101.449 3.284
201703 2.408 102.634 3.133
201706 2.167 103.029 2.808
201709 2.171 103.345 2.805
201712 2.057 103.345 2.658
201803 1.939 105.004 2.466
201806 2.027 105.557 2.564
201809 2.062 105.636 2.606
201812 1.961 105.399 2.484
201903 1.811 106.979 2.260
201906 1.769 107.690 2.193
201909 1.866 107.611 2.315
201912 1.912 107.769 2.369
202003 1.860 107.927 2.301
202006 1.772 108.401 2.183
202009 1.706 108.164 2.106
202012 1.674 108.559 2.059
202103 1.773 110.298 2.146
202106 1.817 111.720 2.172
202109 1.835 112.905 2.170
202112 1.937 113.774 2.273
202203 1.932 117.646 2.193
202206 2.148 120.806 2.374
202209 2.464 120.648 2.727
202212 2.415 120.964 2.666
202303 2.566 122.702 2.792
202306 2.691 124.203 2.893
202309 2.870 125.230 3.060
202312 3.037 125.072 3.242
202403 3.182 126.258 3.365
202406 3.217 127.522 3.368
202409 3.046 127.285 3.195
202412 3.273 127.364 3.431
202503 3.304 129.181 3.415
202506 3.096 129.892 3.183
202509 3.042 130.287 3.118
202512 3.125 130.366 3.201
202603 3.100 132.262 3.130
202606 3.124 133.527 3.124

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 3.22 mean?
PHX Energy Services (FRA:7PX) has a Cyclically Adjusted PB Ratio of 3.22 as of Aug. 20, 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 PHX Energy Services and its competitors. This is 213% above median its historical median of 1.03. Over the past decade, PHX Energy Services' Cyclically Adjusted PB Ratio has ranged from 0.14 to 3.40. According to the industry distribution chart, PHX Energy Services ranks #626 out of 760 companies in the Oil & Gas industry, placing it in the top 82.4%.
Is PHX Energy Services' Cyclically Adjusted PB Ratio too high?
PHX Energy Services' current Cyclically Adjusted PB Ratio of 3.22 is 213% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 3.40. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. PHX Energy Services' value of 3.22 is 168.3% above this industry median. Based on the distribution chart, PHX Energy Services ranks #626 out of 760 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, PHX Energy Services has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PHX Energy Services' Cyclically Adjusted PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, PHX Energy Services ranks #626 out of 760 companies for Cyclically Adjusted PB Ratio. This places PHX Energy Services in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. PHX Energy Services' value of 3.22 is 168.3% above this benchmark. Historically, PHX Energy Services' own Cyclically Adjusted PB Ratio has ranged from 0.14 to 3.40 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.20, PHX Energy Services 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 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. PHX Energy Services's current Cyclically Adjusted PB Ratio of 3.22 is 168.3% 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 PHX Energy Services 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. PHX Energy Services's current Cyclically Adjusted PB Ratio is 3.22, which is 213% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PHX Energy Services stock overvalued right now?
Based on GuruFocus' analysis, PHX Energy Services (FRA:7PX) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.20, compared to a current price of €7.60 — trading 22.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.22, which is 213% above median its 10-year median of 1.03 and 168.3% above the Oil & Gas industry median of 1.20. PHX Energy Services' overall GF Score™ is 67/100 with 9 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 PHX Energy Services (FRA:7PX), the current Cyclically Adjusted PB Ratio is 3.22 as of Aug. 20, 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 PHX Energy Services (FRA:7PX) Overvalued in 2026?

Based on GuruFocus' analysis, PHX Energy Services stock appears to be overvalued. The current stock price of €7.60 is trading 22.6% above its estimated GF Value™ of €6.20. GuruFocus considers PHX Energy Services to be Modestly Overvalued.

Key valuation signals for FRA:7PX:

  • Cyclically Adjusted PB Ratio: 3.22 (213% above median its 10-year median of 1.03)
  • GF Value™: €6.20 vs. price of €7.60 (22.6% above fair value)
  • GF Score™: 67/100 with 9 warning signs
  • Industry Position: 168.3% above the Oil & Gas median (#626 of 760)

No single metric tells the full story. See the FRA:7PX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PHX Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges PHXHF:USAPHX:Canada
Address 215 - 9th Avenue South West, Suite 1600, Calgary, AB, CAN, T2P 1K3
PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada, the United States, and the Middle East regions. The company generates its revenue from Directional drilling services, Motor rental, and Sale of motor equipment and parts. The company derives maximum revenue from Directional drilling services. Geographically, the company generates the majority of its revenue from the United States followed by Canada and others.
67GF Score

Get the complete analysis for FRA:7PX

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

€7.60
Price
€6.20
GF Value