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Petro-king Oilfield ServicesHKSE:02178 32 Cyclically Adjusted PB Ratio is 0.90 as of Sep. 14, 2026, which is 650% above its 10-year median of 0.12. GuruFocus rates HKSE:02178 with a GF Score™ of 32/100 and a GF Value™ of HK$0.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 754 Oil & Gas companies, Petro-king Oilfield Services ranks better than 60.88% on this metric.
The historical rank and industry rank for Petro-king Oilfield Services's Cyclically Adjusted PB Ratio or its related term are showing as below:
HKSE:02178'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 1.12
Current: 0.9
During the past 13 years, Petro-king Oilfield Services's highest Cyclically Adjusted PB Ratio was 1.12. The lowest was 0.07. And the median was 0.12.
HKSE:02178's Cyclically Adjusted PB Ratio is ranked better than 60.88% of 754
companies
in the Oil & Gas industry
Industry Median: 1.265
vs HKSE:02178: 0.90
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.
Petro-king Oilfield Services's adjusted book value per share data of for the fiscal year that ended in Dec25 was HK$0.117. 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 HK$0.29 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Petro-king Oilfield Services (HKSE:02178) 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.
Petro-king Oilfield Services Cyclically Adjusted PB Ratio Related Terms
Petro-king Oilfield Services Cyclically Adjusted PB Ratio Historical Data
* 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.
Petro-king Oilfield Services Cyclically Adjusted PB Ratio Chart
HKSE:02178 vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, Petro-king Oilfield Services'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.
Petro-king Oilfield Services Cyclically Adjusted PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petro-king Oilfield Services's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Petro-king Oilfield Services's Cyclically Adjusted PB Ratio falls into.
Petro-king Oilfield Services 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.
* 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.
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 0.90 mean?
Petro-king Oilfield Services (HKSE:02178) has a Cyclically Adjusted PB Ratio of 0.90 as of Sep. 14, 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 Petro-king Oilfield Services and its competitors. This is 650% above median its historical median of 0.12. Over the past decade, Petro-king Oilfield Services' Cyclically Adjusted PB Ratio has ranged from 0.07 to 1.12. According to the industry distribution chart, Petro-king Oilfield Services ranks #295 out of 754 companies in the Oil & Gas industry, placing it in the top 39.1%.
Is Petro-king Oilfield Services' Cyclically Adjusted PB Ratio too high?
Petro-king Oilfield Services' current Cyclically Adjusted PB Ratio of 0.90 is 650% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.12. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. Petro-king Oilfield Services' value of 0.90 is 28.9% below this industry median. Based on the distribution chart, Petro-king Oilfield Services ranks #295 out of 754 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Petro-king Oilfield Services has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petro-king Oilfield Services' Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Petro-king Oilfield Services ranks #295 out of 754 companies for Cyclically Adjusted PB Ratio. This puts Petro-king Oilfield Services in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Petro-king Oilfield Services' value of 0.90 is 28.9% below this benchmark. Historically, Petro-king Oilfield Services' own Cyclically Adjusted PB Ratio has ranged from 0.07 to 1.12 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 1.27, Petro-king Oilfield Services 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 1.27, based on 754 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. Petro-king Oilfield Services's current Cyclically Adjusted PB Ratio of 0.90 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 Petro-king Oilfield Services and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petro-king Oilfield Services's current Cyclically Adjusted PB Ratio is 0.90, which is 650% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro-king Oilfield Services stock overvalued right now?
Based on GuruFocus' analysis, Petro-king Oilfield Services (HKSE:02178) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.26 — trading 420% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 650% above median its 10-year median of 0.12 and 28.9% below the Oil & Gas industry median of 1.27. Petro-king Oilfield Services' overall GF Score™ is 32/100 with 5 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 Petro-king Oilfield Services (HKSE:02178), the current Cyclically Adjusted PB Ratio is 0.90 as of Sep. 14, 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 Petro-king Oilfield Services (HKSE:02178) Overvalued in 2026?
Based on GuruFocus' analysis, Petro-king Oilfield Services stock appears to be overvalued.
The current stock price of HK$0.26 is trading 420% above its estimated GF Value™ of HK$0.05.
GuruFocus considers Petro-king Oilfield Services to be Significantly Overvalued.
Key valuation signals for HKSE:02178:
Cyclically Adjusted PB Ratio: 0.90 (650% above median its 10-year median of 0.12)
GF Value™: HK$0.05 vs. price of HK$0.26 (420% above fair value)
Industry Position: 28.9% below the Oil & Gas median (#295 of 754)
No single metric tells the full story. See the HKSE:02178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petro-king Oilfield Services Ltd provides oilfield and gas field technology services covering various stages in the life cycle of oilfields and gas fields including production enhancement, drilling, consultancy and integrated project management with auxiliary activities in the trading of oilfield and gas field related products. It has two reportable segments namely Oilfield project tools and services; and Consultancy services. Oilfield project tools and services include drilling work, production enhancement work, and well-completion work. It generates majority of its revenue from the Oilfield project tools and services segment. Geographically, the company operates in the People's Republic of China (PRC), the Middle East, and other countries, and generates majority of its revenue from PRC.
32GF 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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