Akastor ASA (OSL:AKAST) Cyclically Adjusted PB Ratio: 0.66 (As of Sep. 13, 2026) — 78% Above Median

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OSL:AKAST Akastor ASA OSL:AKAST
65 GF Score
Price kr13.34
GF Value kr14.82
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Akastor ASA Cyclically Adjusted PB Ratio?

Akastor ASA OSL:AKAST -0.45% 65 Cyclically Adjusted PB Ratio is 0.66 as of Sep. 13, 2026, which is 78% above its 10-year median of 0.37. GuruFocus rates OSL:AKAST with a GF Score™ of 65/100 and a GF Value™ of kr14.82 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 754 Oil & Gas companies, Akastor ASA ranks better than 68.97% on this metric.

As of today (2026-09-13), Akastor ASA's current share price is kr13.34. Akastor ASA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr20.27. Akastor ASA's Cyclically Adjusted PB Ratio for today is 0.66.

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

OSL:AKAST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.37   Max: 0.78
Current: 0.66

During the past years, Akastor ASA's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.10. And the median was 0.37.

OSL:AKAST's Cyclically Adjusted PB Ratio is ranked better than
68.97% of 754 companies
in the Oil & Gas industry
Industry Median: 1.265 vs OSL:AKAST: 0.66

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.

Akastor ASA's adjusted book value per share data for the three months ended in Jun. 2026 was kr17.518. 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 kr20.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akastor ASA  (OSL:AKAST) 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.


Akastor ASA Cyclically Adjusted PB Ratio Related Terms


Akastor ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Akastor ASA'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.

Akastor ASA Cyclically Adjusted PB Ratio Chart

Akastor ASA 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 0.17 0.31 0.45 0.59 0.54

Akastor ASA 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 0.57 0.55 0.54 0.75 0.67

OSL:AKAST vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Akastor ASA'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.


Akastor ASA Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


OSL:AKAST
65GF Score
Akastor ASA OSL:AKAST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akastor ASA 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.

Akastor ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.34/20.27
=0.66

* 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.

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

For example, Akastor ASA'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)
=17.518/141.5800*141.5800
=17.518

Current CPI (Jun. 2026) = 141.5800.

Akastor ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.190 104.200 27.433
201612 20.573 104.400 27.900
201703 21.244 105.000 28.645
201706 19.891 105.800 26.618
201709 19.958 105.900 26.682
201712 19.456 106.100 25.962
201803 18.442 107.300 24.334
201806 17.417 108.500 22.727
201809 0.000 109.500 0.000
201812 15.917 109.800 20.524
201903 16.023 110.400 20.548
201906 15.820 110.600 20.251
201909 15.938 111.100 20.311
201912 16.027 111.300 20.387
202003 15.456 111.200 19.679
202006 14.845 112.100 18.749
202009 14.576 112.900 18.279
202012 13.464 112.900 16.884
202103 12.912 114.600 15.952
202106 13.122 115.300 16.113
202109 12.293 117.500 14.812
202112 15.062 118.900 17.935
202203 14.727 119.800 17.404
202206 15.687 122.600 18.116
202209 16.142 125.600 18.196
202212 14.911 125.900 16.768
202303 15.287 127.600 16.962
202306 15.758 130.400 17.109
202309 15.181 129.800 16.559
202312 14.586 131.900 15.656
202403 17.312 132.600 18.484
202406 20.376 133.800 21.561
202409 20.515 133.700 21.724
202412 21.526 134.800 22.609
202503 20.310 136.100 21.128
202506 20.054 137.800 20.604
202509 19.860 138.500 20.302
202512 19.574 139.100 19.923
202603 19.266 141.030 19.341
202606 17.518 141.580 17.518

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 0.66 mean?
Akastor ASA (OSL:AKAST) has a Cyclically Adjusted PB Ratio of 0.66 as of Sep. 13, 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 Akastor ASA and its competitors. This is 78% above median its historical median of 0.37. Over the past decade, Akastor ASA's Cyclically Adjusted PB Ratio has ranged from 0.10 to 0.78. According to the industry distribution chart, Akastor ASA ranks #234 out of 754 companies in the Oil & Gas industry, placing it in the top 31%.
Is Akastor ASA's Cyclically Adjusted PB Ratio too high?
Akastor ASA's current Cyclically Adjusted PB Ratio of 0.66 is 78% above median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.78. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. Akastor ASA's value of 0.66 is 47.8% below this industry median. Based on the distribution chart, Akastor ASA ranks #234 out of 754 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Akastor ASA has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akastor ASA's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Akastor ASA ranks #234 out of 754 companies for Cyclically Adjusted PB Ratio. This puts Akastor ASA in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Akastor ASA's value of 0.66 is 47.8% below this benchmark. Historically, Akastor ASA's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 0.78 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 1.27, Akastor ASA 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 1.27, based on 754 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. Akastor ASA's current Cyclically Adjusted PB Ratio of 0.66 is 47.8% 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 Akastor ASA and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akastor ASA's current Cyclically Adjusted PB Ratio is 0.66, which is 78% above median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akastor ASA stock overvalued right now?
Based on GuruFocus' analysis, Akastor ASA (OSL:AKAST) is currently considered Modestly Undervalued. The stock's GF Value™ is kr14.82, compared to a current price of kr13.34 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.66, which is 78% above median its 10-year median of 0.37 and 47.8% below the Oil & Gas industry median of 1.27. Akastor ASA's overall GF Score™ is 65/100 with 6 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 Akastor ASA (OSL:AKAST), the current Cyclically Adjusted PB Ratio is 0.66 as of Sep. 13, 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 Akastor ASA (OSL:AKAST) Overvalued in 2026?

Based on GuruFocus' analysis, Akastor ASA stock appears to be undervalued. The current stock price of kr13.34 is trading 10% below its estimated GF Value™ of kr14.82. GuruFocus considers Akastor ASA to be Modestly Undervalued.

Key valuation signals for OSL:AKAST:

  • Cyclically Adjusted PB Ratio: 0.66 (78% above median its 10-year median of 0.37)
  • GF Value™: kr14.82 vs. price of kr13.34 (10% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 47.8% below the Oil & Gas median (#234 of 754)

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


Akastor ASA Business Description

Industry EnergyOil & Gas
Other Exchanges AKKVF:USA0IPT:UKKY7:Germany
Address Oksenoyveien 10, Building B, Lysaker, NOR, 1366
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. The segments include, HMH, AKOFS offshore, DDW offshore and other holdings. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.
65GF Score

Get the complete analysis for OSL:AKAST

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

kr13.34
Price
kr14.82
GF Value