Shamaran Petroleum (FRA:S36) Cyclically Adjusted PB Ratio: 2.10 (As of Aug. 15, 2026) — Near Median

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FRA:S36 Shamaran Petroleum Ltd FRA:S36
29 GF Score
Price €0.11
! 6 Warning Signs
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What is Shamaran Petroleum Cyclically Adjusted PB Ratio?

Shamaran Petroleum FRA:S36 +1.35% 29 Cyclically Adjusted PB Ratio is 2.10 as of Aug. 15, 2026, which is 8% below its 10-year median of 2.28. GuruFocus rates FRA:S36 with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 765 Oil & Gas companies, Shamaran Petroleum ranks worse than 71.5% on this metric.

As of today (2026-08-15), Shamaran Petroleum's current share price is €0.105. Shamaran Petroleum's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.05. Shamaran Petroleum's Cyclically Adjusted PB Ratio for today is 2.10.

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

FRA:S36' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.05   Med: 2.28   Max: 2.39
Current: 2.11

During the past years, Shamaran Petroleum's highest Cyclically Adjusted PB Ratio was 2.39. The lowest was 2.05. And the median was 2.28.

FRA:S36's Cyclically Adjusted PB Ratio is ranked worse than
71.5% of 765 companies
in the Oil & Gas industry
Industry Median: 1.17 vs FRA:S36: 2.11

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.

Shamaran Petroleum's adjusted book value per share data for the three months ended in Jun. 2026 was €0.082. 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 Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shamaran Petroleum  (FRA:S36) 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.


Shamaran Petroleum Cyclically Adjusted PB Ratio Related Terms


Shamaran Petroleum Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shamaran Petroleum'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.

Shamaran Petroleum Cyclically Adjusted PB Ratio Chart

Shamaran Petroleum 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 0.00 0.00 0.00 0.00 0.00

Shamaran Petroleum 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 0.00 0.00 0.00 0.00 2.32

FRA:S36 vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Shamaran Petroleum'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.


Shamaran Petroleum Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


FRA:S36
29GF Score
Shamaran Petroleum Ltd FRA:S36
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shamaran Petroleum 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.

Shamaran Petroleum's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.105/0.05
=2.10

* 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.

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

For example, Shamaran Petroleum'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)
=0.082/333.9520*333.9520
=0.082

Current CPI (Jun. 2026) = 333.9520.

Shamaran Petroleum Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.064 241.428 0.089
201612 0.067 241.432 0.093
201703 0.065 243.801 0.089
201706 0.061 244.955 0.083
201709 0.056 246.819 0.076
201712 0.055 246.524 0.075
201803 0.056 249.554 0.075
201806 0.061 251.989 0.081
201809 0.061 252.439 0.081
201812 0.058 251.233 0.077
201903 0.056 254.202 0.074
201906 0.054 256.143 0.070
201909 0.055 256.759 0.072
201912 0.055 256.974 0.071
202003 0.007 258.115 0.009
202006 0.001 257.797 0.001
202009 0.002 260.280 0.003
202012 0.001 260.474 0.001
202103 0.002 264.877 0.003
202106 0.005 271.696 0.006
202109 0.005 274.310 0.006
202112 0.007 278.802 0.008
202203 0.013 287.504 0.015
202206 0.028 296.311 0.032
202209 0.054 296.808 0.061
202212 0.055 296.797 0.062
202303 0.058 301.836 0.064
202306 0.048 305.109 0.053
202309 0.046 307.789 0.050
202312 0.045 306.746 0.049
202403 0.045 312.332 0.048
202406 0.046 314.175 0.049
202409 0.068 315.301 0.072
202412 0.075 315.605 0.079
202503 0.072 319.799 0.075
202506 0.068 322.561 0.070
202509 0.068 324.800 0.070
202512 0.074 324.054 0.076
202603 0.079 330.213 0.080
202606 0.082 333.952 0.082

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 2.10 mean?
Shamaran Petroleum (FRA:S36) has a Cyclically Adjusted PB Ratio of 2.10 as of Aug. 15, 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 Shamaran Petroleum and its competitors. This is near median its historical median of 2.28. Over the past decade, Shamaran Petroleum's Cyclically Adjusted PB Ratio has ranged from 2.05 to 2.39. According to the industry distribution chart, Shamaran Petroleum ranks #547 out of 765 companies in the Oil & Gas industry, placing it in the top 71.5%.
Is Shamaran Petroleum's Cyclically Adjusted PB Ratio too high?
Shamaran Petroleum's current Cyclically Adjusted PB Ratio of 2.10 is near median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 2.39. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.17. Shamaran Petroleum's value of 2.10 is 79.5% above this industry median. Based on the distribution chart, Shamaran Petroleum ranks #547 out of 765 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Shamaran Petroleum has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Shamaran Petroleum's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Shamaran Petroleum ranks #547 out of 765 companies for Cyclically Adjusted PB Ratio. This places Shamaran Petroleum in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. Shamaran Petroleum's value of 2.10 is 79.5% above this benchmark. Historically, Shamaran Petroleum's own Cyclically Adjusted PB Ratio has ranged from 2.05 to 2.39 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.17, Shamaran Petroleum 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 1.17, 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. Shamaran Petroleum's current Cyclically Adjusted PB Ratio of 2.10 is 79.5% 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 Shamaran Petroleum and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shamaran Petroleum's current Cyclically Adjusted PB Ratio is 2.10, which is near median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shamaran Petroleum stock overvalued right now?
Shamaran Petroleum (FRA:S36) has a current Cyclically Adjusted PB Ratio of 2.10. The current Cyclically Adjusted PB Ratio is 2.10, which is near median its 10-year median of 2.28 and 79.5% above the Oil & Gas industry median of 1.17. Shamaran Petroleum's overall GF Score™ is 29/100 with 6 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 Shamaran Petroleum (FRA:S36), the current Cyclically Adjusted PB Ratio is 2.10 as of Aug. 15, 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.

Shamaran Petroleum Business Description

Industry EnergyOil & Gas
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM11
ShaMaran Petroleum Corp is an oil development and exploration company. It is engaged in the business of extraction and producing oil and gas. Along with its subsidiary, the company has an interest in the Atrush block, Kurdistan Region of Iraq. In addition, the group holds a participating interest in the Sarsang block of the Kurdistan region.
29GF 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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