Golden Energy Offshore Services ASA (OSL:GEOS) Cyclically Adjusted PB Ratio: 0.14 (As of Jul. 15, 2026) — Near Median

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OSL:GEOS Golden Energy Offshore Services ASA OSL:GEOS
50 GF Score
Price kr10.80
GF Value kr12.38
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Golden Energy Offshore Services ASA Cyclically Adjusted PB Ratio?

Golden Energy Offshore Services ASA OSL:GEOS 50 Cyclically Adjusted PB Ratio is 0.14 as of Jul. 15, 2026, which is at its 10-year median of 0.14. GuruFocus rates OSL:GEOS with a GF Score™ of 50/100 and a GF Value™ of kr12.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 738 Transportation companies, Golden Energy Offshore Services ASA ranks better than 97.7% on this metric.

As of today (2026-07-15), Golden Energy Offshore Services ASA's current share price is kr10.80. Golden Energy Offshore Services ASA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was kr76.90. Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio for today is 0.14.

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

OSL:GEOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.14   Max: 0.37
Current: 0.14

During the past 12 years, Golden Energy Offshore Services ASA's highest Cyclically Adjusted PB Ratio was 0.37. The lowest was 0.08. And the median was 0.14.

OSL:GEOS's Cyclically Adjusted PB Ratio is ranked better than
97.7% of 738 companies
in the Transportation industry
Industry Median: 1.24 vs OSL:GEOS: 0.14

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.

Golden Energy Offshore Services ASA's adjusted book value per share data of for the fiscal year that ended in Dec25 was kr9.319. 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 kr76.90 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Golden Energy Offshore Services ASA  (OSL:GEOS) 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.


Golden Energy Offshore Services ASA Cyclically Adjusted PB Ratio Related Terms


Golden Energy Offshore Services ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Golden Energy Offshore Services 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.

Golden Energy Offshore Services ASA Cyclically Adjusted PB Ratio Chart

Golden Energy Offshore Services 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 0.00 0.00 0.32 0.25 0.10

Golden Energy Offshore Services ASA Quarterly Data
Dec20 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 0.25 0.00 0.00 0.00 0.10

Golden Energy Offshore Services ASA Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Golden Energy Offshore Services 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.


Golden Energy Offshore Services ASA Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


OSL:GEOS
50GF Score
Golden Energy Offshore Services ASA OSL:GEOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Energy Offshore Services 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.

Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.80/76.90
=0.14

* 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.

Golden Energy Offshore Services ASA's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Golden Energy Offshore Services ASA's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=9.319/139.1000*139.1000
=9.319

Current CPI (Dec25) = 139.1000.

Golden Energy Offshore Services ASA Annual Data

Book Value per Share CPI Adj_Book
201612 52.941 104.400 70.537
201712 54.586 106.100 71.564
201812 196.587 109.800 249.046
201912 146.799 111.300 183.466
202012 55.811 112.900 68.763
202112 30.689 118.900 35.903
202212 36.491 125.900 40.317
202312 21.225 131.900 22.384
202412 17.149 134.800 17.696
202512 9.319 139.100 9.319

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 0.14 mean?
Golden Energy Offshore Services ASA (OSL:GEOS) has a Cyclically Adjusted PB Ratio of 0.14 as of Jul. 15, 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 Golden Energy Offshore Services ASA and its competitors. This is near median its historical median of 0.14. Over the past decade, Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.37. According to the industry distribution chart, Golden Energy Offshore Services ASA ranks #17 out of 738 companies in the Transportation industry, placing it in the top 2.3%.
Is Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio too high?
Golden Energy Offshore Services ASA's current Cyclically Adjusted PB Ratio of 0.14 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.37. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. Golden Energy Offshore Services ASA's value of 0.14 is 88.7% below this industry median. Based on the distribution chart, Golden Energy Offshore Services ASA ranks #17 out of 738 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Golden Energy Offshore Services ASA has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Golden Energy Offshore Services ASA's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Golden Energy Offshore Services ASA ranks #17 out of 738 companies for Cyclically Adjusted PB Ratio. This places Golden Energy Offshore Services ASA in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. Golden Energy Offshore Services ASA's value of 0.14 is 88.7% below this benchmark. Historically, Golden Energy Offshore Services ASA's own Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.37 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 1.24, Golden Energy Offshore Services 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.24, based on 738 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. Golden Energy Offshore Services ASA's current Cyclically Adjusted PB Ratio of 0.14 is 88.7% 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 Golden Energy Offshore Services ASA and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Energy Offshore Services ASA's current Cyclically Adjusted PB Ratio is 0.14, which is near 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 Golden Energy Offshore Services ASA stock overvalued right now?
Based on GuruFocus' analysis, Golden Energy Offshore Services ASA (OSL:GEOS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr12.38, compared to a current price of kr10.80 — trading 12.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.14, which is near median its 10-year median of 0.14 and 88.7% below the Transportation industry median of 1.24. Golden Energy Offshore Services ASA's overall GF Score™ is 50/100 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 Golden Energy Offshore Services ASA (OSL:GEOS), the current Cyclically Adjusted PB Ratio is 0.14 as of Jul. 15, 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 Golden Energy Offshore Services ASA (OSL:GEOS) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Energy Offshore Services ASA stock appears to be undervalued. The current stock price of kr10.80 is trading 12.8% below its estimated GF Value™ of kr12.38. GuruFocus considers Golden Energy Offshore Services ASA to be Modestly Undervalued.

Key valuation signals for OSL:GEOS:

  • Cyclically Adjusted PB Ratio: 0.14 (near median its 10-year median of 0.14)
  • GF Value™: kr12.38 vs. price of kr10.80 (12.8% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 88.7% below the Transportation median (#17 of 738)

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


Golden Energy Offshore Services ASA Business Description

Other Exchanges GEOUF:USAJ9X0:Germany
Address St Olavs Plass 1, Alesund, NOR, 6002
Golden Energy Offshore Services ASA is a Norwegian based offshore service company. The company owns, operates and charters out its vessels to serve the offshore industry, including the oil and gas sector, offshore wind, and subsea markets. The principal activity of the company is to own and charter out its offshore vessels to international oil and gas companies. The company's vessels includes Energy Savanah, Energy Pace, Energy Paradise, Energy Swan, Energy Duchess, and others.
50GF Score

Get the complete analysis for OSL:GEOS

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

kr10.80
Price
kr12.38
GF Value