Sea1 Offshore (FRA:S5H0) Cyclically Adjusted PB Ratio: 0.13 (As of Aug. 22, 2026) — 86% Above Median

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FRA:S5H0 Sea1 Offshore Inc FRA:S5H0
77 GF Score
Price €2.64
GF Value €2.50
Valuation Fairly Valued
! 4 Warning Signs
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What is Sea1 Offshore Cyclically Adjusted PB Ratio?

Sea1 Offshore FRA:S5H0 +3.53% 77 Cyclically Adjusted PB Ratio is 0.13 as of Aug. 22, 2026, which is 86% above its 10-year median of 0.07. GuruFocus rates FRA:S5H0 with a GF Score™ of 77/100 and a GF Value™ of €2.50 (Fairly Valued). The stock has 4 warning signs investors should review. Among 757 Oil & Gas companies, Sea1 Offshore ranks better than 92.21% on this metric.

As of today (2026-08-22), Sea1 Offshore's current share price is €2.64. Sea1 Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €20.43. Sea1 Offshore's Cyclically Adjusted PB Ratio for today is 0.13.

The historical rank and industry rank for Sea1 Offshore's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:S5H0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.2
Current: 0.12

During the past years, Sea1 Offshore's highest Cyclically Adjusted PB Ratio was 0.20. The lowest was 0.01. And the median was 0.07.

FRA:S5H0's Cyclically Adjusted PB Ratio is ranked better than
92.21% of 757 companies
in the Oil & Gas industry
Industry Median: 1.21 vs FRA:S5H0: 0.12

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.

Sea1 Offshore's adjusted book value per share data for the three months ended in Jun. 2026 was €2.361. 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 €20.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sea1 Offshore  (FRA:S5H0) 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.


Sea1 Offshore Cyclically Adjusted PB Ratio Related Terms


Sea1 Offshore Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sea1 Offshore'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.

Sea1 Offshore Cyclically Adjusted PB Ratio Chart

Sea1 Offshore 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 0.02 0.05 0.06 0.09

Sea1 Offshore 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 0.08 0.08 0.09 0.14 0.10

FRA:S5H0 vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Sea1 Offshore'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.


Sea1 Offshore Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sea1 Offshore's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sea1 Offshore's Cyclically Adjusted PB Ratio falls into.


FRA:S5H0
77GF Score
Sea1 Offshore Inc FRA:S5H0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sea1 Offshore 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.

Sea1 Offshore's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.64/20.43
=0.13

* 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.

Sea1 Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Sea1 Offshore'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)
=2.361/141.5800*141.5800
=2.361

Current CPI (Jun. 2026) = 141.5800.

Sea1 Offshore Quarterly Data

Book Value per Share CPI Adj_Book
201609 65.856 104.200 89.481
201612 61.823 104.400 83.840
201703 59.514 105.000 80.248
201706 45.976 105.800 61.524
201709 44.001 105.900 58.826
201712 38.202 106.100 50.977
201803 34.464 107.300 45.474
201806 45.251 108.500 59.047
201809 45.529 109.500 58.868
201812 40.889 109.800 52.724
201903 39.531 110.400 50.696
201906 38.636 110.600 49.458
201909 39.195 111.100 49.948
201912 34.037 111.300 43.297
202003 30.298 111.200 38.575
202006 8.167 112.100 10.315
202009 7.908 112.900 9.917
202012 5.026 112.900 6.303
202103 4.574 114.600 5.651
202106 1.153 115.300 1.416
202109 1.183 117.500 1.425
202112 1.263 118.900 1.504
202203 1.335 119.800 1.578
202206 1.399 122.600 1.616
202209 1.513 125.600 1.705
202212 1.435 125.900 1.614
202303 1.508 127.600 1.673
202306 1.591 130.400 1.727
202309 1.682 129.800 1.835
202312 2.051 131.900 2.202
202403 2.078 132.600 2.219
202406 2.641 133.800 2.795
202409 2.369 133.700 2.509
202412 2.532 134.800 2.659
202503 2.009 136.100 2.090
202506 2.255 137.800 2.317
202509 2.294 138.500 2.345
202512 2.397 139.100 2.440
202603 2.227 141.030 2.236
202606 2.361 141.580 2.361

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 0.13 mean?
Sea1 Offshore (FRA:S5H0) has a Cyclically Adjusted PB Ratio of 0.13 as of Aug. 22, 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 Sea1 Offshore and its competitors. This is 86% above median its historical median of 0.07. Over the past decade, Sea1 Offshore's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.20. According to the industry distribution chart, Sea1 Offshore ranks #59 out of 757 companies in the Oil & Gas industry, placing it in the top 7.8%.
Is Sea1 Offshore's Cyclically Adjusted PB Ratio too high?
Sea1 Offshore's current Cyclically Adjusted PB Ratio of 0.13 is 86% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.20. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Sea1 Offshore's value of 0.13 is 89.3% below this industry median. Based on the distribution chart, Sea1 Offshore ranks #59 out of 757 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Sea1 Offshore has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sea1 Offshore's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Sea1 Offshore ranks #59 out of 757 companies for Cyclically Adjusted PB Ratio. This places Sea1 Offshore in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.21. Sea1 Offshore's value of 0.13 is 89.3% below this benchmark. Historically, Sea1 Offshore's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.20 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.21, Sea1 Offshore 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 1.21, based on 757 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. Sea1 Offshore's current Cyclically Adjusted PB Ratio of 0.13 is 89.3% 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 Sea1 Offshore 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. Sea1 Offshore's current Cyclically Adjusted PB Ratio is 0.13, which is 86% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea1 Offshore stock overvalued right now?
Based on GuruFocus' analysis, Sea1 Offshore (FRA:S5H0) is currently considered Fairly Valued. The stock's GF Value™ is €2.50, compared to a current price of €2.64 — trading 5.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.13, which is 86% above median its 10-year median of 0.07 and 89.3% below the Oil & Gas industry median of 1.21. Sea1 Offshore's overall GF Score™ is 77/100 with 4 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 Sea1 Offshore (FRA:S5H0), the current Cyclically Adjusted PB Ratio is 0.13 as of Aug. 22, 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 Sea1 Offshore (FRA:S5H0) Overvalued in 2026?

Based on GuruFocus' analysis, Sea1 Offshore stock appears to be overvalued. The current stock price of €2.64 is trading 5.6% above its estimated GF Value™ of €2.50. GuruFocus considers Sea1 Offshore to be Fairly Valued.

Key valuation signals for FRA:S5H0:

  • Cyclically Adjusted PB Ratio: 0.13 (86% above median its 10-year median of 0.07)
  • GF Value™: €2.50 vs. price of €2.64 (5.6% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 89.3% below the Oil & Gas median (#59 of 757)

No single metric tells the full story. See the FRA:S5H0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sea1 Offshore Business Description

Industry EnergyOil & Gas
Address Kjoita 18, Kristiansand, NOR, 4630
Sea1 Offshore Inc is a vessel provider to the offshore oil and gas and renewable industry. It provides a wide range of services with its vessels, equipment and an experienced crew. The fleet consists of various vessels and includes platform supply vessels, anchor handling tug and supply as well as offshore subsea construction and well intervention vessels. The reportable segments are Subsea Vessels, Anchor-Handling Tug Supply (AHTS) Vessels, Platform Supply Vessels (PSVs), Fast Crew & Oil Spill Recovery Vessels, and Other. The company generates the majority of its revenue from the Subsea Vessels segment.
77GF Score

Get the complete analysis for FRA:S5H0

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

€2.64
Price
€2.50
GF Value