Eidesvik Offshore ASA (OSL:EIOF) Cyclically Adjusted PB Ratio: 0.60 (As of Jul. 20, 2026) — 329% Above Median

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OSL:EIOF Eidesvik Offshore ASA OSL:EIOF
76 GF Score
Price kr15.80
GF Value kr14.57
Valuation Fairly Valued
! 7 Warning Signs
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What is Eidesvik Offshore ASA Cyclically Adjusted PB Ratio?

Eidesvik Offshore ASA OSL:EIOF 76 Cyclically Adjusted PB Ratio is 0.60 as of Jul. 20, 2026, which is 329% above its 10-year median of 0.14. GuruFocus rates OSL:EIOF with a GF Score™ of 76/100 and a GF Value™ of kr14.57 (Fairly Valued). The stock has 7 warning signs investors should review. Among 773 Oil & Gas companies, Eidesvik Offshore ASA ranks better than 71.02% on this metric.

As of today (2026-07-20), Eidesvik Offshore ASA's current share price is kr15.80. Eidesvik Offshore ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr26.38. Eidesvik Offshore ASA's Cyclically Adjusted PB Ratio for today is 0.60.

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

OSL:EIOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 0.67
Current: 0.6

During the past years, Eidesvik Offshore ASA's highest Cyclically Adjusted PB Ratio was 0.67. The lowest was 0.05. And the median was 0.14.

OSL:EIOF's Cyclically Adjusted PB Ratio is ranked better than
71.02% of 773 companies
in the Oil & Gas industry
Industry Median: 1.2 vs OSL:EIOF: 0.60

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.

Eidesvik Offshore ASA's adjusted book value per share data for the three months ended in Mar. 2026 was kr22.191. 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 kr26.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eidesvik Offshore ASA  (OSL:EIOF) 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.


Eidesvik Offshore ASA Cyclically Adjusted PB Ratio Related Terms


Eidesvik Offshore ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eidesvik Offshore 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.

Eidesvik Offshore ASA Cyclically Adjusted PB Ratio Chart

Eidesvik Offshore 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 0.09 0.22 0.38 0.42 0.46

Eidesvik Offshore ASA 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 0.40 0.42 0.46 0.46 0.63

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

For the Oil & Gas Equipment & Services subindustry, Eidesvik Offshore 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.


Eidesvik Offshore ASA Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


OSL:EIOF
76GF Score
Eidesvik Offshore ASA OSL:EIOF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eidesvik Offshore 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.80/26.38
=0.60

* 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.

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

For example, Eidesvik Offshore ASA'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)
=22.191/141.0300*141.0300
=22.191

Current CPI (Mar. 2026) = 141.0300.

Eidesvik Offshore ASA Quarterly Data

Book Value per Share CPI Adj_Book
201606 53.451 103.800 72.622
201609 49.103 104.200 66.459
201612 37.151 104.400 50.186
201703 40.667 105.000 54.622
201706 45.450 105.800 60.584
201709 45.666 105.900 60.815
201712 39.589 106.100 52.622
201803 25.998 107.300 34.171
201806 24.760 108.500 32.183
201809 23.311 109.500 30.023
201812 22.941 109.800 29.466
201903 22.140 110.400 28.283
201906 22.622 110.600 28.846
201909 21.423 111.100 27.194
201912 13.222 111.300 16.754
202003 10.307 111.200 13.072
202006 10.379 112.100 13.058
202009 10.553 112.900 13.182
202012 9.359 112.900 11.691
202103 8.069 114.600 9.930
202106 7.707 115.300 9.427
202109 6.244 117.500 7.494
202112 8.343 118.900 9.896
202203 8.133 119.800 9.574
202206 6.853 122.600 7.883
202209 9.658 125.600 10.844
202212 13.915 125.900 15.587
202303 13.211 127.600 14.601
202306 18.764 130.400 20.294
202309 19.344 129.800 21.018
202312 20.591 131.900 22.016
202403 20.711 132.600 22.028
202406 20.823 133.800 21.948
202409 21.226 133.700 22.390
202412 21.475 134.800 22.468
202503 21.672 136.100 22.457
202506 21.932 137.800 22.446
202509 22.061 138.500 22.464
202512 22.081 139.100 22.387
202603 22.191 141.030 22.191

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 0.60 mean?
Eidesvik Offshore ASA (OSL:EIOF) has a Cyclically Adjusted PB Ratio of 0.60 as of Jul. 20, 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 Eidesvik Offshore ASA and its competitors. This is 329% above median its historical median of 0.14. Over the past decade, Eidesvik Offshore ASA's Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.67. According to the industry distribution chart, Eidesvik Offshore ASA ranks #224 out of 773 companies in the Oil & Gas industry, placing it in the top 29%.
Is Eidesvik Offshore ASA's Cyclically Adjusted PB Ratio too high?
Eidesvik Offshore ASA's current Cyclically Adjusted PB Ratio of 0.60 is 329% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.67. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Eidesvik Offshore ASA's value of 0.60 is 50% below this industry median. Based on the distribution chart, Eidesvik Offshore ASA ranks #224 out of 773 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Eidesvik Offshore ASA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eidesvik Offshore ASA's Cyclically Adjusted PB Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Eidesvik Offshore ASA ranks #224 out of 773 companies for Cyclically Adjusted PB Ratio. This puts Eidesvik Offshore ASA in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Eidesvik Offshore ASA's value of 0.60 is 50% below this benchmark. Historically, Eidesvik Offshore ASA's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 0.67 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.20, Eidesvik Offshore 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 1.20, 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. Eidesvik Offshore ASA's current Cyclically Adjusted PB Ratio of 0.60 is 50% 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 Eidesvik Offshore ASA 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. Eidesvik Offshore ASA's current Cyclically Adjusted PB Ratio is 0.60, which is 329% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eidesvik Offshore ASA stock overvalued right now?
Based on GuruFocus' analysis, Eidesvik Offshore ASA (OSL:EIOF) is currently considered Fairly Valued. The stock's GF Value™ is kr14.57, compared to a current price of kr15.80 — trading 8.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.60, which is 329% above median its 10-year median of 0.14 and 50% below the Oil & Gas industry median of 1.20. Eidesvik Offshore ASA's overall GF Score™ is 76/100 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 Eidesvik Offshore ASA (OSL:EIOF), the current Cyclically Adjusted PB Ratio is 0.60 as of Jul. 20, 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 Eidesvik Offshore ASA (OSL:EIOF) Overvalued in 2026?

Based on GuruFocus' analysis, Eidesvik Offshore ASA stock appears to be overvalued. The current stock price of kr15.80 is trading 8.4% above its estimated GF Value™ of kr14.57. GuruFocus considers Eidesvik Offshore ASA to be Fairly Valued.

Key valuation signals for OSL:EIOF:

  • Cyclically Adjusted PB Ratio: 0.60 (329% above median its 10-year median of 0.14)
  • GF Value™: kr14.57 vs. price of kr15.80 (8.4% above fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 50% below the Oil & Gas median (#224 of 773)

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


Eidesvik Offshore ASA Business Description

Industry EnergyOil & Gas
Address Vestvikvegen 1, Bomlo, NOR, 5443
Eidesvik Offshore ASA owns and operates a world-wide fleet of purpose-built vessels, providing services to the offshore supply, subsea and offshore renewables markets. The company owns and operates vessels in the following segments of Supply and Subsea and Offshore Renewables, and other. The Subsea segment provides shipping services for subsea work for the oil industry and its ships are adapted for work such as underwater inspection, maintenance, and construction. The Supply segment delivers services to the offshore oil industry. Other represent the SG&A that mainly provide corporate, management and crew services, in addition to the remaining minor effects from the seismic segment.
76GF Score

Get the complete analysis for OSL:EIOF

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

kr15.80
Price
kr14.57
GF Value