Serica Energy (FRA:A3P) Cyclically Adjusted PB Ratio: 2.16 (As of Aug. 01, 2026) — 19% Below Median

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FRA:A3P Serica Energy PLC FRA:A3P
68 GF Score
Price €2.75
GF Value €1.99
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Serica Energy Cyclically Adjusted PB Ratio?

Serica Energy FRA:A3P +0.81% 68 Cyclically Adjusted PB Ratio is 2.16 as of Aug. 01, 2026, which is 19% below its 10-year median of 2.68. GuruFocus rates FRA:A3P with a GF Score™ of 68/100 and a GF Value™ of €1.99 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 765 Oil & Gas companies, Serica Energy ranks worse than 74.64% on this metric.

As of today (2026-08-01), Serica Energy's current share price is €2.748. Serica Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €1.27. Serica Energy's Cyclically Adjusted PB Ratio for today is 2.16.

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

FRA:A3P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 2.68   Max: 9.38
Current: 2.34

During the past 13 years, Serica Energy's highest Cyclically Adjusted PB Ratio was 9.38. The lowest was 0.30. And the median was 2.68.

FRA:A3P's Cyclically Adjusted PB Ratio is ranked worse than
74.64% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs FRA:A3P: 2.34

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.

Serica Energy's adjusted book value per share data of for the fiscal year that ended in Dec25 was €1.464. 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 €1.27 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Serica Energy  (FRA:A3P) 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.


Serica Energy Cyclically Adjusted PB Ratio Related Terms


Serica Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Serica Energy'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.

Serica Energy Cyclically Adjusted PB Ratio Chart

Serica Energy 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 5.02 4.50 2.88 1.40 1.59

Serica Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 2.88 0.00 1.40 0.00 1.59

FRA:A3P vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Serica Energy'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.


Serica Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


FRA:A3P
68GF Score
Serica Energy PLC FRA:A3P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Serica Energy 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.748/1.27
=2.16

* 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.

Serica Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Serica Energy's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.464/139.9000*139.9000
=1.464

Current CPI (Dec25) = 139.9000.

Serica Energy Annual Data

Book Value per Share CPI Adj_Book
201612 0.306 102.200 0.419
201712 0.328 105.000 0.437
201812 0.555 107.100 0.725
201912 0.874 108.500 1.127
202012 0.836 109.400 1.069
202112 1.211 114.700 1.477
202212 1.709 125.300 1.908
202312 1.955 130.500 2.096
202412 1.953 135.100 2.022
202512 1.464 139.900 1.464

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 2.16 mean?
Serica Energy (FRA:A3P) has a Cyclically Adjusted PB Ratio of 2.16 as of Aug. 01, 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 Serica Energy and its competitors. This is 19% below median its historical median of 2.68. Over the past decade, Serica Energy's Cyclically Adjusted PB Ratio has ranged from 0.30 to 9.38. According to the industry distribution chart, Serica Energy ranks #571 out of 765 companies in the Oil & Gas industry, placing it in the top 74.6%.
Is Serica Energy's Cyclically Adjusted PB Ratio too high?
Serica Energy's current Cyclically Adjusted PB Ratio of 2.16 is 19% below median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 9.38. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Serica Energy's value of 2.16 is 78.5% above this industry median. Based on the distribution chart, Serica Energy ranks #571 out of 765 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Serica Energy has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Serica Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Serica Energy ranks #571 out of 765 companies for Cyclically Adjusted PB Ratio. This places Serica Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Serica Energy's value of 2.16 is 78.5% above this benchmark. Historically, Serica Energy's own Cyclically Adjusted PB Ratio has ranged from 0.30 to 9.38 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 1.21, Serica Energy 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 1.21, based on 765 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. Serica Energy's current Cyclically Adjusted PB Ratio of 2.16 is 78.5% 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 Serica Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Serica Energy's current Cyclically Adjusted PB Ratio is 2.16, which is 19% below median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Serica Energy stock overvalued right now?
Based on GuruFocus' analysis, Serica Energy (FRA:A3P) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.99, compared to a current price of €2.75 — trading 38.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is 19% below median its 10-year median of 2.68 and 78.5% above the Oil & Gas industry median of 1.21. Serica Energy's overall GF Score™ is 68/100 with 3 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 Serica Energy (FRA:A3P), the current Cyclically Adjusted PB Ratio is 2.16 as of Aug. 01, 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 Serica Energy (FRA:A3P) Overvalued in 2026?

Based on GuruFocus' analysis, Serica Energy stock appears to be overvalued. The current stock price of €2.75 is trading 38.1% above its estimated GF Value™ of €1.99. GuruFocus considers Serica Energy to be Significantly Overvalued.

Key valuation signals for FRA:A3P:

  • Cyclically Adjusted PB Ratio: 2.16 (19% below median its 10-year median of 2.68)
  • GF Value™: €1.99 vs. price of €2.75 (38.1% above fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 78.5% above the Oil & Gas median (#571 of 765)

No single metric tells the full story. See the FRA:A3P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Serica Energy Business Description

Industry EnergyOil & Gas
Other Exchanges SQZZF:USASQZl:UKSQZ:UK
Address H1 Building, Hill of Rubislaw, Anderson Drive, Aberdeen, GBR, AB15 6BY
Serica Energy PLC is an independent upstream oil and gas company with operations centered on the UK North Sea with a range of exploration and production assets. The company operates the Bruce, Keith, and Rhum fields in the UK Northern North Sea. It also operates the Columbus Field, Triton FPSO, and the Mansell field as well as holding an interest in the Erskine field in the Central North Sea. It derives maximum revenue from sale of Gas.
68GF Score

Get the complete analysis for FRA:A3P

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

€2.75
Price
€1.99
GF Value