Aban Offshore (NSE:ABAN) Cyclically Adjusted PB Ratio: (As of Aug. 19, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ABAN Aban Offshore Ltd NSE:ABAN
34 GF Score
Price ₹17.39
GF Value ₹45.20
Valuation Possible Value Trap
! 7 Warning Signs
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What is Aban Offshore Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aban Offshore  (NSE:ABAN) 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.


Aban Offshore Cyclically Adjusted PB Ratio Related Terms


Aban Offshore Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aban 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.

Aban Offshore Cyclically Adjusted PB Ratio Chart

Aban Offshore Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.00 0.00 0.00 0.00

Aban Offshore Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.00 0.00 0.00

NSE:ABAN vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, Aban 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.


Aban Offshore Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


NSE:ABAN
34GF Score
Aban Offshore Ltd NSE:ABAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aban 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.

Aban Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Aban Offshore's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/163.2808*163.2808
=0.000

Current CPI (Dec. 2025) = 163.2808.

Aban Offshore Quarterly Data

Book Value per Share CPI Adj_Book
201603 632.797 102.518 1,007.855
201606 0.000 105.961 0.000
201609 555.370 105.961 855.798
201612 0.000 105.196 0.000
201703 451.549 105.196 700.875
201706 0.000 107.109 0.000
201709 367.369 109.021 550.207
201712 0.000 109.404 0.000
201803 3.201 109.786 4.761
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 -909.557 118.202 -1,256.434
201906 0.000 120.880 0.000
201909 -1,059.894 123.175 -1,404.996
201912 0.000 126.235 0.000
202003 -2,624.980 124.705 -3,436.979
202006 0.000 127.000 0.000
202009 -2,621.968 130.118 -3,290.224
202012 0.000 130.889 0.000
202103 -2,882.336 131.771 -3,571.589
202106 0.000 134.084 0.000
202109 -3,001.258 135.847 -3,607.351
202112 0.000 138.161 0.000
202203 -3,343.182 138.822 -3,932.217
202206 0.000 142.347 0.000
202209 -3,671.238 144.661 -4,143.772
202212 0.000 145.763 0.000
202303 -3,820.230 146.865 -4,247.247
202306 0.000 150.280 0.000
202309 -3,952.455 151.492 -4,260.027
202312 0.000 152.924 0.000
202403 -4,090.109 153.035 -4,363.959
202406 0.000 155.789 0.000
202409 -4,171.358 157.882 -4,313.993
202412 0.000 158.323 0.000
202503 -4,352.265 157.552 -4,510.528
202506 0.000 159.755 0.000
202509 -4,604.790 162.289 -4,632.926
202512 0.000 163.281 0.000

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.

Is Aban Offshore (NSE:ABAN) Overvalued in 2026?

Based on GuruFocus' analysis, Aban Offshore stock appears to be undervalued. The current stock price of ₹17.39 is trading 61.5% below its estimated GF Value™ of ₹45.20. GuruFocus considers Aban Offshore to be Possible Value Trap.

Key valuation signals for NSE:ABAN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹45.20 vs. price of ₹17.39 (61.5% below fair value)
  • GF Score™: 34/100 with 7 warning signs

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


Aban Offshore Business Description

Industry EnergyOil & Gas
Other Exchanges 523204:India
Address 113 Pantheon Road, Janpriya Crest, Egmore, Chennai, TN, IND, 600 008
Aban Offshore Ltd is an Indian company engaged in the business of providing offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas both in domestic and international markets. It generates maximum revenue from drilling services. It serves Southeast Asia, South Asia, Latin America, West Africa, and the Middle East.
34GF Score

Get the complete analysis for NSE:ABAN

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

₹17.39
Price
₹45.20
GF Value