Core Laboratories (MEX:CLB) Cyclically Adjusted PB Ratio: 3.67 (As of Jul. 15, 2026) — 52% Below Median

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MEX:CLB Core Laboratories Inc MEX:CLB
62 GF Score
Price MXN856.38
GF Value MXN1,333.14
! 3 Warning Signs
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What is Core Laboratories Cyclically Adjusted PB Ratio?

Core Laboratories MEX:CLB 62 Cyclically Adjusted PB Ratio is 3.67 as of Jul. 15, 2026, which is 52% below its 10-year median of 7.67. GuruFocus rates MEX:CLB with a GF Score™ of 62/100 and a GF Value™ of MXN1,333.14. The stock has 3 warning signs investors should review. Among 773 Oil & Gas companies, Core Laboratories ranks worse than 77.49% on this metric.

As of today (2026-07-15), Core Laboratories's current share price is MXN856.38. Core Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN233.60. Core Laboratories's Cyclically Adjusted PB Ratio for today is 3.67.

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

MEX:CLB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.26   Med: 7.67   Max: 35.46
Current: 2.52

During the past years, Core Laboratories's highest Cyclically Adjusted PB Ratio was 35.46. The lowest was 2.26. And the median was 7.67.

MEX:CLB's Cyclically Adjusted PB Ratio is ranked worse than
77.49% of 773 companies
in the Oil & Gas industry
Industry Median: 1.18 vs MEX:CLB: 2.52

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.

Core Laboratories's adjusted book value per share data for the three months ended in Mar. 2026 was MXN105.298. 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 MXN233.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Core Laboratories  (MEX:CLB) 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.


Core Laboratories Cyclically Adjusted PB Ratio Related Terms


Core Laboratories Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Core Laboratories'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.

Core Laboratories Cyclically Adjusted PB Ratio Chart

Core Laboratories 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 6.74 6.10 5.21 4.74 3.70

Core Laboratories Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.93 2.89 2.96 3.70 3.66

MEX:CLB vs EROK, OIS, NGS: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Core Laboratories'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.


Core Laboratories Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


MEX:CLB
62GF Score
Core Laboratories Inc MEX:CLB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Core Laboratories 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.

Core Laboratories's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=856.38/233.60
=3.67

* 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.

Core Laboratories's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Core Laboratories's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=105.298/330.2130*330.2130
=105.298

Current CPI (Mar. 2026) = 330.2130.

Core Laboratories Quarterly Data

Book Value per Share CPI Adj_Book
201606 67.879 241.018 92.999
201609 69.094 241.428 94.503
201612 70.677 241.432 96.667
201703 63.681 243.801 86.252
201706 60.417 244.955 81.445
201709 61.404 246.819 82.151
201712 64.382 246.524 86.238
201803 60.698 249.554 80.316
201806 68.359 251.989 89.579
201809 66.595 252.439 87.112
201812 69.453 251.233 91.287
201903 80.142 254.202 104.106
201906 81.531 256.143 105.108
201909 84.639 256.759 108.853
201912 75.440 256.974 96.941
202003 34.671 258.115 44.355
202006 32.229 257.797 41.282
202009 33.578 260.280 42.600
202012 31.915 260.474 40.460
202103 62.722 264.877 78.193
202106 64.465 271.696 78.349
202109 69.589 274.310 83.771
202112 69.244 278.802 82.013
202203 69.599 287.504 79.938
202206 73.453 296.311 81.857
202209 77.490 296.808 86.211
202212 77.035 296.797 85.708
202303 75.521 301.836 82.621
202306 78.872 305.109 85.361
202309 83.812 307.789 89.918
202312 81.441 306.746 87.671
202403 82.215 312.332 86.922
202406 93.830 314.175 98.620
202409 105.210 315.301 110.186
202412 109.818 315.605 114.901
202503 110.999 319.799 114.614
202506 105.717 322.561 108.225
202509 108.005 324.800 109.805
202512 103.900 324.054 105.875
202603 105.298 330.213 105.298

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 3.67 mean?
Core Laboratories (MEX:CLB) has a Cyclically Adjusted PB Ratio of 3.67 as of Jul. 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 Core Laboratories and its competitors. This is 52% below median its historical median of 7.67. Over the past decade, Core Laboratories' Cyclically Adjusted PB Ratio has ranged from 2.26 to 35.46. According to the industry distribution chart, Core Laboratories ranks #599 out of 773 companies in the Oil & Gas industry, placing it in the top 77.5%.
Is Core Laboratories' Cyclically Adjusted PB Ratio too high?
Core Laboratories' current Cyclically Adjusted PB Ratio of 3.67 is 52% below median its 10-year median of 7.67. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 35.46. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Core Laboratories' value of 3.67 is 211% above this industry median. Based on the distribution chart, Core Laboratories ranks #599 out of 773 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Core Laboratories has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Core Laboratories' Cyclically Adjusted PB Ratio compare to EROK and OIS?
According to the Oil & Gas industry distribution chart, Core Laboratories ranks #599 out of 773 companies for Cyclically Adjusted PB Ratio. This places Core Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Core Laboratories' value of 3.67 is 211% above this benchmark. Historically, Core Laboratories' own Cyclically Adjusted PB Ratio has ranged from 2.26 to 35.46 over the past decade. While the company's 10-year median is 7.67 vs. the industry median of 1.18, Core Laboratories 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 1.18, based on 773 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. Core Laboratories's current Cyclically Adjusted PB Ratio of 3.67 is 211% 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 Core Laboratories 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. Core Laboratories's current Cyclically Adjusted PB Ratio is 3.67, which is 52% below median its own 10-year median of 7.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Laboratories stock overvalued right now?
Core Laboratories (MEX:CLB) has a current Cyclically Adjusted PB Ratio of 3.67. The stock's GF Value™ is MXN1,333.14, compared to a current price of MXN856.38 — trading 35.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.67, which is 52% below median its 10-year median of 7.67 and 211% above the Oil & Gas industry median of 1.18. Core Laboratories' overall GF Score™ is 62/100 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 Core Laboratories (MEX:CLB), the current Cyclically Adjusted PB Ratio is 3.67 as of Jul. 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.

Is Core Laboratories (MEX:CLB) Overvalued in 2026?

Based on GuruFocus' analysis, Core Laboratories stock appears to be undervalued. The current stock price of MXN856.38 is trading 35.8% below its estimated GF Value™ of MXN1,333.14.

Key valuation signals for MEX:CLB:

  • Cyclically Adjusted PB Ratio: 3.67 (52% below median its 10-year median of 7.67)
  • GF Value™: MXN1,333.14 vs. price of MXN856.38 (35.8% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 211% above the Oil & Gas median (#599 of 773)

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


Core Laboratories Business Description

Industry EnergyOil & Gas
Other Exchanges CLB:USAHJ1:Germany
Address 6316 Windfern Road, Houston, TX, USA, 77040
Core Laboratories Inc is a providers of proprietary and patented reservoir description and production enhancement services and products to the oil and gas industry, through client relationships. The company operates its business in two segments; Reservoir Description, and Production Enhancement. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services. The company generates majority of its revenue from Reservoir Description segment.
62GF Score

Get the complete analysis for MEX:CLB

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

MXN856.38
Price
MXN1,333.14
GF Value