S.D. Standard ETC (FRA:S1P) Cyclically Adjusted PB Ratio: 0.86 (As of Aug. 03, 2026)

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FRA:S1P S.D. Standard ETC PLC FRA:S1P
22 GF Score
Price €0.15
! 1 Warning Sign
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What is S.D. Standard ETC Cyclically Adjusted PB Ratio?

S.D. Standard ETC FRA:S1P +1.31% 22 Cyclically Adjusted PB Ratio is 0.86 as of Aug. 03, 2026. GuruFocus rates FRA:S1P with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 765 Oil & Gas companies, S.D. Standard ETC ranks better than 64.05% on this metric.

As of today (2026-08-03), S.D. Standard ETC's current share price is €0.1545. S.D. Standard ETC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.18. S.D. Standard ETC's Cyclically Adjusted PB Ratio for today is 0.86.

The historical rank and industry rank for S.D. Standard ETC's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:S1P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.8
Current: 0.8

During the past years, S.D. Standard ETC's highest Cyclically Adjusted PB Ratio was 0.80. The lowest was 0.00. And the median was 0.00.

FRA:S1P's Cyclically Adjusted PB Ratio is ranked better than
64.05% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs FRA:S1P: 0.80

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.

S.D. Standard ETC's adjusted book value per share data for the three months ended in Mar. 2026 was €0.205. 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 €0.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


S.D. Standard ETC  (FRA:S1P) 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.


S.D. Standard ETC Cyclically Adjusted PB Ratio Related Terms


S.D. Standard ETC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for S.D. Standard ETC'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.

S.D. Standard ETC Cyclically Adjusted PB Ratio Chart

S.D. Standard ETC 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 0.28 0.62 0.76 0.75 0.85

S.D. Standard ETC 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 0.85 0.84 0.85 0.85 0.82

FRA:S1P vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, S.D. Standard ETC'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.


S.D. Standard ETC Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, S.D. Standard ETC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S.D. Standard ETC's Cyclically Adjusted PB Ratio falls into.


FRA:S1P
22GF Score
S.D. Standard ETC PLC FRA:S1P
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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S.D. Standard ETC 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.

S.D. Standard ETC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1545/0.18
=0.86

* 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.

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

For example, S.D. Standard ETC'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)
=0.205/330.2130*330.2130
=0.205

Current CPI (Mar. 2026) = 330.2130.

S.D. Standard ETC Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.068 241.018 0.093
201609 0.063 241.428 0.086
201612 0.069 241.432 0.094
201703 0.209 243.801 0.283
201706 0.197 244.955 0.266
201709 0.172 246.819 0.230
201712 0.167 246.524 0.224
201803 0.159 249.554 0.210
201806 0.163 251.989 0.214
201809 0.163 252.439 0.213
201812 0.170 251.233 0.223
201903 0.176 254.202 0.229
201906 0.183 256.143 0.236
201909 0.188 256.759 0.242
201912 0.184 256.974 0.236
202003 0.168 258.115 0.215
202006 0.160 257.797 0.205
202009 0.144 260.280 0.183
202012 0.134 260.474 0.170
202103 0.134 264.877 0.167
202106 0.145 271.696 0.176
202109 0.144 274.310 0.173
202112 0.168 278.802 0.199
202203 0.186 287.504 0.214
202206 0.222 296.311 0.247
202209 0.242 296.808 0.269
202212 0.251 296.797 0.279
202303 0.251 301.836 0.275
202306 0.223 305.109 0.241
202309 0.259 307.789 0.278
202312 0.249 306.746 0.268
202403 0.239 312.332 0.253
202406 0.231 314.175 0.243
202409 0.224 315.301 0.235
202412 0.213 315.605 0.223
202503 0.193 319.799 0.199
202506 0.188 322.561 0.192
202509 0.192 324.800 0.195
202512 0.194 324.054 0.198
202603 0.205 330.213 0.205

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 0.86 mean?
S.D. Standard ETC (FRA:S1P) has a Cyclically Adjusted PB Ratio of 0.86 as of Aug. 03, 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 S.D. Standard ETC and its competitors. According to the industry distribution chart, S.D. Standard ETC ranks #275 out of 765 companies in the Oil & Gas industry, placing it in the top 35.9%.
Is S.D. Standard ETC's Cyclically Adjusted PB Ratio too high?
S.D. Standard ETC's current Cyclically Adjusted PB Ratio is 0.86. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. S.D. Standard ETC's value of 0.86 is 28.9% below this industry median. Based on the distribution chart, S.D. Standard ETC ranks #275 out of 765 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, S.D. Standard ETC has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does S.D. Standard ETC's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, S.D. Standard ETC ranks #275 out of 765 companies for Cyclically Adjusted PB Ratio. This puts S.D. Standard ETC in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. S.D. Standard ETC's value of 0.86 is 28.9% below this benchmark. 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. S.D. Standard ETC's current Cyclically Adjusted PB Ratio of 0.86 is 28.9% 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 S.D. Standard ETC 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. S.D. Standard ETC's current Cyclically Adjusted PB Ratio is 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.D. Standard ETC stock overvalued right now?
S.D. Standard ETC (FRA:S1P) has a current Cyclically Adjusted PB Ratio of 0.86. The current Cyclically Adjusted PB Ratio is 0.86 and 28.9% below the Oil & Gas industry median of 1.21. S.D. Standard ETC's overall GF Score™ is 22/100 with 1 warning sign 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 S.D. Standard ETC (FRA:S1P), the current Cyclically Adjusted PB Ratio is 0.86 as of Aug. 03, 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.

S.D. Standard ETC Business Description

Industry EnergyOil & Gas
Other Exchanges SDSD:Norway0P3P:UK
Address Chrysanthou Mylona 1, 2nd floor, Office 3, Panayides Building, Limassol, CYP, 3030
S.D. Standard ETC PLC is a Cyprus-based company. The principal activity of the Company is to operate as an investment entity with a special focus on energy, transport, and commodities segments, with direct or indirect exposure to companies, securities, and/or assets. The objective of the company is to generate medium to long-term capital growth. The objective of the Company is to generate medium to long-term capital growth in a sustainable manner.
22GF Score

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

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