Aker Solutions ASA (OSTO:AKSOO) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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.

OSTO:AKSOO Aker Solutions ASA OSTO:AKSOO
72 GF Score
Price kr42.00
GF Value kr65.50
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Aker Solutions ASA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker Solutions ASA  (OSTO:AKSOo) 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.


Aker Solutions ASA Cyclically Adjusted PB Ratio Related Terms


Aker Solutions ASA Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aker Solutions 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.

Aker Solutions ASA Cyclically Adjusted PB Ratio Chart

Aker Solutions 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 0.94 1.39 1.49 1.12 1.11

Aker Solutions 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 1.15 1.01 1.03 1.54 1.49

OSTO:AKSOO vs SLB, BKR, HAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Aker Solutions 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.


Aker Solutions ASA Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


OSTO:AKSOO
72GF Score
Aker Solutions ASA OSTO:AKSOO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aker Solutions 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.

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

For example, Aker Solutions 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)
=17.733/141.6200*141.6200
=17.733

Current CPI (Jun. 2026) = 141.6200.

Aker Solutions ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.302 104.200 33.029
201612 23.625 104.400 32.048
201703 24.570 105.000 33.139
201706 24.899 105.800 33.329
201709 24.358 105.900 32.574
201712 25.956 106.100 34.646
201803 25.216 107.300 33.281
201806 25.249 108.500 32.956
201809 25.389 109.500 32.836
201812 28.015 109.800 36.134
201903 27.061 110.400 34.714
201906 26.395 110.600 33.798
201909 27.492 111.100 35.044
201912 21.589 111.300 27.470
202003 39.541 111.200 50.358
202006 36.614 112.100 46.256
202009 33.827 112.900 42.432
202012 16.071 112.900 20.159
202103 15.896 114.600 19.644
202106 16.263 115.300 19.975
202109 16.191 117.500 19.515
202112 16.187 118.900 19.280
202203 16.576 119.800 19.595
202206 18.034 122.600 20.832
202209 18.812 125.600 21.211
202212 18.922 125.900 21.285
202303 20.349 127.600 22.585
202306 21.481 130.400 23.329
202309 22.765 129.800 24.838
202312 38.703 131.900 41.555
202403 40.927 132.600 43.711
202406 40.165 133.800 42.512
202409 41.593 133.700 44.057
202412 23.212 134.800 24.386
202503 23.245 136.100 24.188
202506 19.757 137.800 20.305
202509 21.537 138.500 22.022
202512 23.227 139.140 23.641
202603 24.962 141.060 25.061
202606 17.733 141.620 17.733

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.

Is Aker Solutions ASA (OSTO:AKSOO) Overvalued in 2026?

Based on GuruFocus' analysis, Aker Solutions ASA stock appears to be undervalued. The current stock price of kr42.00 is trading 35.9% below its estimated GF Value™ of kr65.50. GuruFocus considers Aker Solutions ASA to be Significantly Undervalued.

Key valuation signals for OSTO:AKSOO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr65.50 vs. price of kr42.00 (35.9% below fair value)
  • GF Score™: 72/100 with 6 warning signs

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


Aker Solutions ASA Business Description

Industry EnergyOil & Gas
Address Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366
Aker Solutions ASA is a provider of equipment, systems, and services to the renewable and oil and gas energy sectors. The company has two reportable segments: Renewables and Field Development, and Life Cycle. The Renewables and Field Development segment focuses on designing and delivering integrated solutions for offshore and onshore facilities, including renewable energy and carbon capture projects. The Life Cycle segment provides maintenance, modification, and asset integrity services, along with decommissioning and electrification solutions to extend the operational life of energy assets. It generates the majority of its revenue from the Renewables and Field Development segment.
72GF Score

Get the complete analysis for OSTO:AKSOO

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

kr42.00
Price
kr65.50
GF Value