ODFJF (Odfjell Drilling) Cyclically Adjusted PB Ratio: 1.57 (As of Jul. 22, 2026) — 60% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

ODFJF Odfjell Drilling Ltd ODFJF
52 GF Score
Price $8.60
GF Value $7.91
Valuation Fairly Valued
! 4 Warning Signs
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What is Odfjell Drilling Cyclically Adjusted PB Ratio?

Odfjell Drilling ODFJF 52 Cyclically Adjusted PB Ratio is 1.57 as of Jul. 22, 2026, which is 60% above its 10-year median of 0.98. GuruFocus rates ODFJF with a GF Score™ of 52/100 and a GF Value™ of $7.91 (Fairly Valued). The stock has 4 warning signs investors should review. Among 771 Oil & Gas companies, Odfjell Drilling ranks worse than 61.22% on this metric.

As of today (2026-07-22), Odfjell Drilling's current share price is $8.60. Odfjell Drilling's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.49. Odfjell Drilling's Cyclically Adjusted PB Ratio for today is 1.57.

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

ODFJF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.98   Max: 1.94
Current: 1.57

During the past years, Odfjell Drilling's highest Cyclically Adjusted PB Ratio was 1.94. The lowest was 0.45. And the median was 0.98.

ODFJF's Cyclically Adjusted PB Ratio is ranked worse than
61.22% of 771 companies
in the Oil & Gas industry
Industry Median: 1.2 vs ODFJF: 1.57

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.

Odfjell Drilling's adjusted book value per share data for the three months ended in Mar. 2026 was $6.028. 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 $5.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Odfjell Drilling  (OTCPK:ODFJF) 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.


Odfjell Drilling Cyclically Adjusted PB Ratio Related Terms


Odfjell Drilling Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling Cyclically Adjusted PB Ratio Chart

Odfjell Drilling 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 0.45 0.58 0.81 0.99 1.60

Odfjell Drilling 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 1.11 1.25 1.44 1.60 1.85

ODFJF vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.


Odfjell Drilling Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


ODFJF
52GF Score
Odfjell Drilling Ltd ODFJF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odfjell Drilling 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.

Odfjell Drilling's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.60/5.49
=1.57

* 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.

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

For example, Odfjell Drilling'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)
=6.028/140.8000*140.8000
=6.028

Current CPI (Mar. 2026) = 140.8000.

Odfjell Drilling Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.940 101.000 5.493
201609 4.046 101.500 5.613
201612 3.633 102.200 5.005
201703 3.603 102.700 4.940
201706 3.677 103.500 5.002
201709 3.807 104.300 5.139
201712 3.860 105.000 5.176
201803 3.870 105.100 5.185
201806 4.244 105.900 5.643
201809 4.287 106.600 5.662
201812 4.323 107.100 5.683
201903 4.370 107.000 5.750
201906 4.370 107.900 5.702
201909 4.392 108.400 5.705
201912 4.486 108.500 5.821
202003 4.427 108.600 5.740
202006 4.426 108.800 5.728
202009 4.528 109.200 5.838
202012 5.058 109.400 6.510
202103 5.019 109.700 6.442
202106 5.123 111.400 6.475
202109 5.239 112.400 6.563
202112 5.355 114.700 6.574
202203 5.262 116.500 6.360
202206 5.323 120.500 6.220
202209 5.365 122.300 6.177
202212 5.104 125.300 5.735
202303 5.092 126.800 5.654
202306 5.111 129.400 5.561
202309 5.835 130.100 6.315
202312 5.887 130.500 6.352
202403 5.859 131.600 6.269
202406 5.862 133.000 6.206
202409 5.873 133.500 6.194
202412 5.851 135.100 6.098
202503 5.891 136.100 6.094
202506 5.908 138.400 6.010
202509 5.971 138.900 6.053
202512 5.931 139.900 5.969
202603 6.028 140.800 6.028

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 1.57 mean?
Odfjell Drilling (ODFJF) has a Cyclically Adjusted PB Ratio of 1.57 as of Jul. 22, 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 Odfjell Drilling and its competitors. This is 60% above median its historical median of 0.98. Over the past decade, Odfjell Drilling's Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.94. According to the industry distribution chart, Odfjell Drilling ranks #472 out of 771 companies in the Oil & Gas industry, placing it in the top 61.2%.
Is Odfjell Drilling's Cyclically Adjusted PB Ratio too high?
Odfjell Drilling's current Cyclically Adjusted PB Ratio of 1.57 is 60% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.94. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Odfjell Drilling's value of 1.57 is 30.8% above this industry median. Based on the distribution chart, Odfjell Drilling ranks #472 out of 771 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Odfjell Drilling has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's Cyclically Adjusted PB Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #472 out of 771 companies for Cyclically Adjusted PB Ratio. This places Odfjell Drilling in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Odfjell Drilling's value of 1.57 is 30.8% above this benchmark. Historically, Odfjell Drilling's own Cyclically Adjusted PB Ratio has ranged from 0.45 to 1.94 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.20, Odfjell Drilling 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 1.20, based on 771 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. Odfjell Drilling's current Cyclically Adjusted PB Ratio of 1.57 is 30.8% 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 Odfjell Drilling and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current Cyclically Adjusted PB Ratio is 1.57, which is 60% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (ODFJF) is currently considered Fairly Valued. The stock's GF Value™ is $7.91, compared to a current price of $8.60 — trading 8.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 60% above median its 10-year median of 0.98 and 30.8% above the Oil & Gas industry median of 1.20. Odfjell Drilling's overall GF Score™ is 52/100 with 4 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 Odfjell Drilling (ODFJF), the current Cyclically Adjusted PB Ratio is 1.57 as of Jul. 22, 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 Odfjell Drilling (ODFJF) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued. The current stock price of $8.60 is trading 8.7% above its estimated GF Value™ of $7.91. GuruFocus considers Odfjell Drilling to be Fairly Valued.

Key valuation signals for ODFJF:

  • Cyclically Adjusted PB Ratio: 1.57 (60% above median its 10-year median of 0.98)
  • GF Value™: $7.91 vs. price of $8.60 (8.7% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 30.8% above the Oil & Gas median (#472 of 771)

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


Odfjell Drilling Business Description

Industry EnergyOil & Gas
Address Lower Ground Floor, Prime View, Prime Four Business Park, Kingswells, Aberdeen, Scotland, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
52GF Score

Get the complete analysis for ODFJF

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

$8.60
Price
$7.91
GF Value