OILRF (Oil Refineries) Cyclically Adjusted PB Ratio: 0.70 (As of Jul. 08, 2026) — 10% Below Median


OILRF Oil Refineries Ltd OILRF
37 GF Score
Price $0.40
GF Value $0.29
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Oil Refineries Cyclically Adjusted PB Ratio?

Oil Refineries OILRF 37 Cyclically Adjusted PB Ratio is 0.70 as of Jul. 08, 2026, which is 10% below its 10-year median of 0.78. GuruFocus rates OILRF with a GF Score™ of 37/100 and a GF Value™ of $0.29 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 772 Oil & Gas companies, Oil Refineries ranks better than 53.37% on this metric.

As of today (2026-07-08), Oil Refineries's current share price is $0.4005. Oil Refineries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.57. Oil Refineries's Cyclically Adjusted PB Ratio for today is 0.70.

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

OILRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.78   Max: 1.32
Current: 1.07

During the past years, Oil Refineries's highest Cyclically Adjusted PB Ratio was 1.32. The lowest was 0.56. And the median was 0.78.

OILRF's Cyclically Adjusted PB Ratio is ranked better than
53.37% of 772 companies
in the Oil & Gas industry
Industry Median: 1.18 vs OILRF: 1.07

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 Refineries's adjusted book value per share data for the three months ended in Mar. 2026 was $0.553. 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 $0.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oil Refineries  (OTCPK:OILRF) 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 Refineries Cyclically Adjusted PB Ratio Related Terms


Oil Refineries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Oil Refineries'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 Refineries Cyclically Adjusted PB Ratio Chart

Oil Refineries 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 0.81 1.02 0.94 0.65 0.64

Oil Refineries 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 0.60 0.60 0.59 0.64 0.86

OILRF vs VLO, MPC, PSX: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Oil Refineries'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 Refineries Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


OILRF
37GF Score
Oil Refineries Ltd OILRF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.4005/0.57
=0.70

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

For example, Oil Refineries'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)
=0.553/330.2130*330.2130
=0.553

Current CPI (Mar. 2026) = 330.2130.

Oil Refineries Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.309 241.018 0.423
201609 0.311 241.428 0.425
201612 0.324 241.432 0.443
201703 0.301 243.801 0.408
201706 0.323 244.955 0.435
201709 0.000 246.819 0.000
201712 0.376 246.524 0.504
201803 0.381 249.554 0.504
201806 0.416 251.989 0.545
201809 0.424 252.439 0.555
201812 0.412 251.233 0.542
201903 0.436 254.202 0.566
201906 0.443 256.143 0.571
201909 0.442 256.759 0.568
201912 0.431 256.974 0.554
202003 0.374 258.115 0.478
202006 0.374 257.797 0.479
202009 0.357 260.280 0.453
202012 0.337 260.474 0.427
202103 0.354 264.877 0.441
202106 0.378 271.696 0.459
202109 0.390 274.310 0.469
202112 0.428 278.802 0.507
202203 0.434 287.504 0.498
202206 0.438 296.311 0.488
202209 0.523 296.808 0.582
202212 0.544 296.797 0.605
202303 0.541 301.836 0.592
202306 0.562 305.109 0.608
202309 0.586 307.789 0.629
202312 0.577 306.746 0.621
202403 0.565 312.332 0.597
202406 0.586 314.175 0.616
202409 0.563 315.301 0.590
202412 0.568 315.605 0.594
202503 0.539 319.799 0.557
202506 0.524 322.561 0.536
202509 0.540 324.800 0.549
202512 0.561 324.054 0.572
202603 0.553 330.213 0.553

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 0.70 mean?
Oil Refineries (OILRF) has a Cyclically Adjusted PB Ratio of 0.70 as of Jul. 08, 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 Refineries and its competitors. This is 10% below median its historical median of 0.78. Over the past decade, Oil Refineries' Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.32. According to the industry distribution chart, Oil Refineries ranks #360 out of 772 companies in the Oil & Gas industry, placing it in the top 46.6%.
Is Oil Refineries' Cyclically Adjusted PB Ratio too high?
Oil Refineries' current Cyclically Adjusted PB Ratio of 0.70 is 10% below median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.32. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Oil Refineries' value of 0.70 is 40.7% below this industry median. Based on the distribution chart, Oil Refineries ranks #360 out of 772 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Oil Refineries has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oil Refineries' Cyclically Adjusted PB Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Oil Refineries ranks #360 out of 772 companies for Cyclically Adjusted PB Ratio. This puts Oil Refineries in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Oil Refineries' value of 0.70 is 40.7% below this benchmark. Historically, Oil Refineries' own Cyclically Adjusted PB Ratio has ranged from 0.56 to 1.32 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 1.18, Oil Refineries 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 772 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 Refineries's current Cyclically Adjusted PB Ratio of 0.70 is 40.7% 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 Refineries 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 Refineries's current Cyclically Adjusted PB Ratio is 0.70, which is 10% below median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oil Refineries stock overvalued right now?
Based on GuruFocus' analysis, Oil Refineries (OILRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.29, compared to a current price of $0.40 — trading 38.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.70, which is 10% below median its 10-year median of 0.78 and 40.7% below the Oil & Gas industry median of 1.18. Oil Refineries' overall GF Score™ is 37/100 with 7 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 Refineries (OILRF), the current Cyclically Adjusted PB Ratio is 0.70 as of Jul. 08, 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 Refineries (OILRF) Overvalued in 2026?

Based on GuruFocus' analysis, Oil Refineries stock appears to be overvalued. The current stock price of $0.40 is trading 38.1% above its estimated GF Value™ of $0.29. GuruFocus considers Oil Refineries to be Significantly Overvalued.

Key valuation signals for OILRF:

  • Cyclically Adjusted PB Ratio: 0.70 (10% below median its 10-year median of 0.78)
  • GF Value™: $0.29 vs. price of $0.40 (38.1% above fair value)
  • GF Score™: 37/100 with 7 warning signs
  • Industry Position: 40.7% below the Oil & Gas median (#360 of 772)

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


Oil Refineries Business Description

Industry EnergyOil & Gas
Other Exchanges ORL:Israel
Address P.O. Box 4, Haifa, ISR, 310001
Oil Refineries Ltd (ORL), also known as Bazan Group, engages in the production of fuel products. It also manufactures raw materials for the petrochemical industry and materials for the plastic industry, including oils, wax, and accompanying products. The company also provides power and water (mainly electricity and steam) services to a number of industries located near the refinery in Israel. The variety of products refined by ORL is used in industrial operations, transportation, private consumption, agriculture, and infrastructures. ORL plays a key role in Israel's refinery complex, with a major portion of refined products going to local consumption. Although the majority of operations are consumed by refining, ORL is also active in polymer and aromatic production through subsidiaries.
37GF 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.

$0.40
Price
$0.29
GF Value