Pilot Energy (FRA:R8W) Cyclically Adjusted PB Ratio: 0.61 (As of Aug. 05, 2026) — 79% Above Median

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What is Pilot Energy Cyclically Adjusted PB Ratio?

Pilot Energy FRA:R8W Cyclically Adjusted PB Ratio is 0.61 as of Aug. 05, 2026, which is 79% above its 10-year median of 0.34. The stock has 5 warning signs investors should review.

As of today (2026-08-05), Pilot Energy's current share price is €0.0305. Pilot Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 was €0.05. Pilot Energy's Cyclically Adjusted PB Ratio for today is 0.61.

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

FRA:R8W' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.34   Max: 3.44
Current: 0.33

During the past 13 years, Pilot Energy's highest Cyclically Adjusted PB Ratio was 3.44. The lowest was 0.05. And the median was 0.34.

FRA:R8W's Cyclically Adjusted PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.2 vs FRA:R8W: 0.33

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.

Pilot Energy's adjusted book value per share data of for the fiscal year that ended in Sep25 was €0.070. 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 €0.05 for the trailing ten years ended in Sep25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pilot Energy  (FRA:R8W) 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.


Pilot Energy Cyclically Adjusted PB Ratio Related Terms


Pilot Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pilot 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.

Pilot Energy Cyclically Adjusted PB Ratio Chart

Pilot Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.13 0.40 3.04 1.15

Pilot Energy Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.40 0.00 3.04 0.00 1.15

FRA:R8W vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Pilot 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.


Pilot Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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



Pilot 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0305/0.05
=0.61

* 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.

Pilot Energy's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep25 is calculated as:

For example, Pilot Energy's adjusted Book Value per Share data for the fiscal year that ended in Sep25 was:

Adj_Book=Book Value per Share/CPI of Sep25 (Change)*Current CPI (Sep25)
=0.07/133.7712*133.7712
=0.070

Current CPI (Sep25) = 133.7712.

Pilot Energy Annual Data

Book Value per Share CPI Adj_Book
201609 0.125 0.000
201709 0.186 0.000
201809 -0.111 0.000
201909 -0.125 0.000
202009 -0.167 0.000
202109 0.343 0.000
202209 0.288 0.000
202309 0.175 0.000
202409 0.161 129.143 0.167
202509 0.070 133.771 0.070

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 0.61 mean?
Pilot Energy (FRA:R8W) has a Cyclically Adjusted PB Ratio of 0.61 as of Aug. 05, 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 Pilot Energy and its competitors. This is 79% above median its historical median of 0.34. Over the past decade, Pilot Energy's Cyclically Adjusted PB Ratio has ranged from 0.05 to 3.44.
Is Pilot Energy's Cyclically Adjusted PB Ratio too high?
Pilot Energy's current Cyclically Adjusted PB Ratio of 0.61 is 79% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 3.44. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Pilot Energy's value of 0.61 is 49.2% below this industry median.
How does Pilot Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
Pilot Energy's Cyclically Adjusted PB Ratio of 0.61 can be compared against companies in the Oil & Gas industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Pilot Energy's value of 0.61 is 49.2% below this benchmark. Historically, Pilot Energy's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 3.44 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.20, Pilot Energy 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.20, based on 763 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. Pilot Energy's current Cyclically Adjusted PB Ratio of 0.61 is 49.2% 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 Pilot Energy 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. Pilot Energy's current Cyclically Adjusted PB Ratio is 0.61, which is 79% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilot Energy stock overvalued right now?
Pilot Energy (FRA:R8W) has a current Cyclically Adjusted PB Ratio of 0.61. The stock's GF Value™ is €0.16, compared to a current price of €0.03 — trading 80.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.61, which is 79% above median its 10-year median of 0.34 and 49.2% below the Oil & Gas industry median of 1.20. 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 Pilot Energy (FRA:R8W), the current Cyclically Adjusted PB Ratio is 0.61 as of Aug. 05, 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.

Pilot Energy Business Description

Industry EnergyOil & Gas
Address 100 Havelock Street, Suite 2, West Perth, Perth, WA, AUS, 6005
Pilot Energy Ltd is engaged in oil and gas production, development and exploration activities and is pursuing diversification and transition to the development of carbon management projects, hydrogen and integrated renewable energy by leveraging its existing oil and gas tenements and infrastructure. Its segments include Oil and Gas Exploration & Evaluation, Carbon Storage & Ammonia with the majority of revenue, Renewables and Corporate. The company's projects include the Mid West Clean Energy Project, oil and gas projects, and feasibility studies.