Eidesvik Offshore ASA (OSTO:EIOFO) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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OSTO:EIOFO Eidesvik Offshore ASA OSTO:EIOFO
69 GF Score
Price kr17.20
GF Value kr15.29
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Eidesvik Offshore ASA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Eidesvik Offshore ASA  (OSTO:EIOFO) 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 0.12 0.25 0.43 0.45 0.48

Eidesvik Offshore 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 0.45 0.47 0.45 0.59 0.59

OSTO:EIOFO 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.


OSTO:EIOFO
69GF Score
Eidesvik Offshore ASA OSTO:EIOFO
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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Eidesvik Offshore 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)
=29.65/141.6200*141.6200
=29.650

Current CPI (Jun. 2026) = 141.6200.

Eidesvik Offshore ASA Quarterly Data

Book Value per Share CPI Adj_Book
201609 48.064 104.200 65.325
201612 35.942 104.400 48.756
201703 39.240 105.000 52.925
201706 43.835 105.800 58.676
201709 44.110 105.900 58.988
201712 38.037 106.100 50.771
201803 26.578 107.300 35.079
201806 25.116 108.500 32.783
201809 23.975 109.500 31.008
201812 22.926 109.800 29.570
201903 22.076 110.400 28.319
201906 22.522 110.600 28.839
201909 21.034 111.100 26.812
201912 11.737 111.300 14.934
202003 7.970 111.200 10.150
202006 8.318 112.100 10.508
202009 8.647 112.900 10.847
202012 7.732 112.900 9.699
202103 6.340 114.600 7.835
202106 5.982 115.300 7.348
202109 5.423 117.500 6.536
202112 8.385 118.900 9.987
202203 8.230 119.800 9.729
202206 6.607 122.600 7.632
202209 9.227 125.600 10.404
202212 14.932 125.900 16.796
202303 18.058 127.600 20.042
202306 20.117 130.400 21.848
202309 20.804 129.800 22.698
202312 22.137 131.900 23.768
202403 22.266 132.600 23.781
202406 23.842 133.800 25.235
202409 24.384 133.700 25.828
202412 25.035 134.800 26.302
202503 25.437 136.100 26.469
202506 25.843 137.800 26.559
202509 26.138 138.500 26.727
202512 29.287 139.140 29.809
202603 29.831 141.060 29.949
202606 29.650 141.620 29.650

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 Eidesvik Offshore ASA (OSTO:EIOFO) Overvalued in 2026?

Based on GuruFocus' analysis, Eidesvik Offshore ASA stock appears to be overvalued. The current stock price of kr17.20 is trading 12.5% above its estimated GF Value™ of kr15.29. GuruFocus considers Eidesvik Offshore ASA to be Modestly Overvalued.

Key valuation signals for OSTO:EIOFO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr15.29 vs. price of kr17.20 (12.5% above fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the OSTO:EIOFO 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.
69GF Score

Get the complete analysis for OSTO:EIOFO

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

kr17.20
Price
kr15.29
GF Value