GZPZY (Gaztransport et technigaz) Cyclically Adjusted PB Ratio: 23.65 (As of Aug. 02, 2026) — Near Median

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GZPZY Gaztransport et technigaz SA GZPZY
97 GF Score
Price $45.40
GF Value $46.71
Valuation Fairly Valued
! 7 Warning Signs
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What is Gaztransport et technigaz Cyclically Adjusted PB Ratio?

Gaztransport et technigaz GZPZY -3.99% 97 Cyclically Adjusted PB Ratio is 23.65 as of Aug. 02, 2026, which is 1% above its 10-year median of 23.38. GuruFocus rates GZPZY with a GF Score™ of 97/100 and a GF Value™ of $46.71 (Fairly Valued). The stock has 7 warning signs investors should review. Among 765 Oil & Gas companies, Gaztransport et technigaz ranks worse than 98.69% on this metric.

As of today (2026-08-02), Gaztransport et technigaz's current share price is $45.4017. Gaztransport et technigaz's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $1.92. Gaztransport et technigaz's Cyclically Adjusted PB Ratio for today is 23.65.

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

GZPZY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 18.1   Med: 23.38   Max: 33.72
Current: 24.31

During the past 13 years, Gaztransport et technigaz's highest Cyclically Adjusted PB Ratio was 33.72. The lowest was 18.10. And the median was 23.38.

GZPZY's Cyclically Adjusted PB Ratio is ranked worse than
98.69% of 765 companies
in the Oil & Gas industry
Industry Median: 1.21 vs GZPZY: 24.31

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.

Gaztransport et technigaz's adjusted book value per share data of for the fiscal year that ended in Dec25 was $3.717. 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 $1.92 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gaztransport et technigaz  (OTCPK:GZPZY) 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.


Gaztransport et technigaz Cyclically Adjusted PB Ratio Related Terms


Gaztransport et technigaz Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Gaztransport et technigaz'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.

Gaztransport et technigaz Cyclically Adjusted PB Ratio Chart

Gaztransport et technigaz 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 20.10 20.57 21.17 19.09 19.46

Gaztransport et technigaz Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 19.09 0.00 19.46 0.00

GZPZY vs SLB, BKR, FTI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Gaztransport et technigaz'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.


Gaztransport et technigaz Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Gaztransport et technigaz's Cyclically Adjusted PB Ratio falls into.


GZPZY
97GF Score
Gaztransport et technigaz SA GZPZY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gaztransport et technigaz 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.

Gaztransport et technigaz's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.4017/1.92
=23.65

* 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.

Gaztransport et technigaz's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Gaztransport et technigaz'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)
=3.717/120.9000*120.9000
=3.717

Current CPI (Dec25) = 120.9000.

Gaztransport et technigaz Annual Data

Book Value per Share CPI Adj_Book
201612 0.687 100.650 0.825
201712 0.863 101.850 1.024
201812 1.102 103.470 1.288
201912 1.212 104.980 1.396
202012 1.603 104.960 1.846
202112 1.521 107.850 1.705
202212 1.491 114.160 1.579
202312 1.985 118.390 2.027
202412 2.609 119.950 2.630
202512 3.717 120.900 3.717

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 23.65 mean?
Gaztransport et technigaz (GZPZY) has a Cyclically Adjusted PB Ratio of 23.65 as of Aug. 02, 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 Gaztransport et technigaz and its competitors. This is near median its historical median of 23.38. Over the past decade, Gaztransport et technigaz's Cyclically Adjusted PB Ratio has ranged from 18.10 to 33.72. According to the industry distribution chart, Gaztransport et technigaz ranks #755 out of 765 companies in the Oil & Gas industry, placing it in the top 98.7%.
Is Gaztransport et technigaz's Cyclically Adjusted PB Ratio too high?
Gaztransport et technigaz's current Cyclically Adjusted PB Ratio of 23.65 is near median its 10-year median of 23.38. Over the past 10 years, this metric has ranged from a low of 18.10 to a high of 33.72. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Gaztransport et technigaz's value of 23.65 is 1854.5% above this industry median. Based on the distribution chart, Gaztransport et technigaz ranks #755 out of 765 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Gaztransport et technigaz has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaztransport et technigaz's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Gaztransport et technigaz ranks #755 out of 765 companies for Cyclically Adjusted PB Ratio. This places Gaztransport et technigaz in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Gaztransport et technigaz's value of 23.65 is 1854.5% above this benchmark. Historically, Gaztransport et technigaz's own Cyclically Adjusted PB Ratio has ranged from 18.10 to 33.72 over the past decade. While the company's 10-year median is 23.38 vs. the industry median of 1.21, Gaztransport et technigaz 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. Gaztransport et technigaz's current Cyclically Adjusted PB Ratio of 23.65 is 1854.5% 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 Gaztransport et technigaz 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. Gaztransport et technigaz's current Cyclically Adjusted PB Ratio is 23.65, which is near median its own 10-year median of 23.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaztransport et technigaz stock overvalued right now?
Based on GuruFocus' analysis, Gaztransport et technigaz (GZPZY) is currently considered Fairly Valued. The stock's GF Value™ is $46.71, compared to a current price of $45.40 — trading 2.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 23.65, which is near median its 10-year median of 23.38 and 1854.5% above the Oil & Gas industry median of 1.21. Gaztransport et technigaz's overall GF Score™ is 97/100 with 7 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 Gaztransport et technigaz (GZPZY), the current Cyclically Adjusted PB Ratio is 23.65 as of Aug. 02, 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 Gaztransport et technigaz (GZPZY) Overvalued in 2026?

Based on GuruFocus' analysis, Gaztransport et technigaz stock appears to be undervalued. The current stock price of $45.40 is trading 2.8% below its estimated GF Value™ of $46.71. GuruFocus considers Gaztransport et technigaz to be Fairly Valued.

Key valuation signals for GZPZY:

  • Cyclically Adjusted PB Ratio: 23.65 (near median its 10-year median of 23.38)
  • GF Value™: $46.71 vs. price of $45.40 (2.8% below fair value)
  • GF Score™: 97/100 with 7 warning signs
  • Industry Position: 1854.5% above the Oil & Gas median (#755 of 765)

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


Gaztransport et technigaz Business Description

Industry EnergyOil & Gas
Address 1, Route de Versailles, Saint-Remy-les-Chevreuse, FRA, 78470
Gaztransport et technigaz SA is a France-based company that provides services relating to the building of liquefied natural gas storage and transport facilities. The company owns its proprietary testing laboratories and conducts research through its partnerships with research institutions, engineering companies, laboratories, and universities. The company's clients mainly comprise liquefied natural gas carriers. The group has two operating segments: the Core Business segment and the Hydrogen segment. The company generates almost all its revenue from South Korea and China.
97GF Score

Get the complete analysis for GZPZY

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

$45.40
Price
$46.71
GF Value