Oil States International (LTS:0A63) Cyclically Adjusted PB Ratio: 0.42 (As of Aug. 12, 2026) — 45% Above Median

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LTS:0A63 Oil States International Inc LTS:0A63
55 GF Score
Price $11.08
GF Value $6.92
! 3 Warning Signs
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What is Oil States International Cyclically Adjusted PB Ratio?

Oil States International LTS:0A63 55 Cyclically Adjusted PB Ratio is 0.42 as of Aug. 12, 2026, which is 45% above its 10-year median of 0.29. GuruFocus rates LTS:0A63 with a GF Score™ of 55/100 and a GF Value™ of $6.92. The stock has 3 warning signs investors should review. Among 765 Oil & Gas companies, Oil States International ranks better than 76.73% on this metric.

As of today (2026-08-12), Oil States International's current share price is $11.07853. Oil States International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $26.46. Oil States International's Cyclically Adjusted PB Ratio for today is 0.42.

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

LTS:0A63' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.29   Max: 1.26
Current: 0.46

During the past years, Oil States International's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.06. And the median was 0.29.

LTS:0A63's Cyclically Adjusted PB Ratio is ranked better than
76.73% of 765 companies
in the Oil & Gas industry
Industry Median: 1.18 vs LTS:0A63: 0.46

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.

Oil States International's adjusted book value per share data for the three months ended in Jun. 2026 was $9.635. 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 $26.46 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oil States International  (LTS:0A63) 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.


Oil States International Cyclically Adjusted PB Ratio Related Terms


Oil States International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Oil States International'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.

Oil States International Cyclically Adjusted PB Ratio Chart

Oil States International 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 0.16 0.27 0.29 0.24 0.34

Oil States International 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 0.26 0.30 0.34 0.60 0.42

LTS:0A63 vs CLB, EROK, NGS: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Oil States International'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.


Oil States International Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Oil States International's Cyclically Adjusted PB Ratio falls into.


LTS:0A63
55GF Score
Oil States International Inc LTS:0A63
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oil States International 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.

Oil States International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.07853/26.46
=0.42

* 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.

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

For example, Oil States International'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)
=9.635/333.9520*333.9520
=9.635

Current CPI (Jun. 2026) = 333.9520.

Oil States International Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.685 241.428 32.762
201612 23.442 241.432 32.425
201703 23.042 243.801 31.562
201706 22.908 244.955 31.231
201709 22.828 246.819 30.887
201712 22.171 246.524 30.034
201803 24.284 249.554 32.497
201806 24.185 251.989 32.052
201809 24.168 252.439 31.972
201812 24.008 251.233 31.913
201903 23.619 254.202 31.029
201906 23.474 256.143 30.605
201909 22.914 256.759 29.803
201912 20.231 256.974 26.291
202003 13.170 258.115 17.039
202006 12.762 257.797 16.532
202009 12.524 260.280 16.069
202012 12.419 260.474 15.922
202103 11.948 264.877 15.064
202106 11.758 271.696 14.452
202109 11.479 274.310 13.975
202112 11.337 278.802 13.580
202203 11.118 287.504 12.914
202206 10.840 296.311 12.217
202209 10.550 296.808 11.870
202212 10.791 296.797 12.142
202303 10.824 301.836 11.976
202306 10.924 305.109 11.957
202309 10.931 307.789 11.860
202312 11.106 306.746 12.091
202403 10.781 312.332 11.527
202406 10.823 314.175 11.504
202409 10.851 315.301 11.493
202412 11.069 315.605 11.712
202503 11.045 319.799 11.534
202506 11.395 322.561 11.797
202509 11.530 324.800 11.855
202512 9.608 324.054 9.901
202603 9.484 330.213 9.591
202606 9.635 333.952 9.635

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 0.42 mean?
Oil States International (LTS:0A63) has a Cyclically Adjusted PB Ratio of 0.42 as of Aug. 12, 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 Oil States International and its competitors. This is 45% above median its historical median of 0.29. Over the past decade, Oil States International's Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.26. According to the industry distribution chart, Oil States International ranks #178 out of 765 companies in the Oil & Gas industry, placing it in the top 23.3%.
Is Oil States International's Cyclically Adjusted PB Ratio too high?
Oil States International's current Cyclically Adjusted PB Ratio of 0.42 is 45% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.26. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Oil States International's value of 0.42 is 64.4% below this industry median. Based on the distribution chart, Oil States International ranks #178 out of 765 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Oil States International has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Oil States International's Cyclically Adjusted PB Ratio compare to CLB and EROK?
According to the Oil & Gas industry distribution chart, Oil States International ranks #178 out of 765 companies for Cyclically Adjusted PB Ratio. This places Oil States International in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.18. Oil States International's value of 0.42 is 64.4% below this benchmark. Historically, Oil States International's own Cyclically Adjusted PB Ratio has ranged from 0.06 to 1.26 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 1.18, Oil States International 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 1.18, 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. Oil States International's current Cyclically Adjusted PB Ratio of 0.42 is 64.4% 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 Oil States International and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oil States International's current Cyclically Adjusted PB Ratio is 0.42, which is 45% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil States International stock overvalued right now?
Oil States International (LTS:0A63) has a current Cyclically Adjusted PB Ratio of 0.42. The stock's GF Value™ is $6.92, compared to a current price of $11.08 — trading 60.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.42, which is 45% above median its 10-year median of 0.29 and 64.4% below the Oil & Gas industry median of 1.18. Oil States International's overall GF Score™ is 55/100 with 3 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 Oil States International (LTS:0A63), the current Cyclically Adjusted PB Ratio is 0.42 as of Aug. 12, 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 Oil States International (LTS:0A63) Overvalued in 2026?

Based on GuruFocus' analysis, Oil States International stock appears to be overvalued. The current stock price of $11.08 is trading 60.1% above its estimated GF Value™ of $6.92.

Key valuation signals for LTS:0A63:

  • Cyclically Adjusted PB Ratio: 0.42 (45% above median its 10-year median of 0.29)
  • GF Value™: $6.92 vs. price of $11.08 (60.1% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 64.4% below the Oil & Gas median (#178 of 765)

No single metric tells the full story. See the LTS:0A63 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oil States International Business Description

Industry EnergyOil & Gas
Other Exchanges OIS:USAOI2:Germany
Address Three Allen Center, 333 Clay Street, Suite 4620, Houston, TX, USA, 77002
Oil States International Inc is a provider of manufactured products and services to customers in the energy, military and industrial sectors. The company operates through three business segments - Offshore Manufactured Products, Completion and Production Services and Downhole Technologies. Its customers include many national oil and natural gas companies, and independent oil and natural gas companies, offshore drilling companies and other oilfield service, defense and industrial companies.
55GF Score

Get the complete analysis for LTS:0A63

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

$11.08
Price
$6.92
GF Value