Odfjell Drilling (OSTO:ODLO) 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:ODLO Odfjell Drilling Ltd OSTO:ODLO
71 GF Score
Price kr105.40
GF Value kr85.30
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Odfjell Drilling Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Odfjell Drilling  (OSTO:ODLO) 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.


Odfjell Drilling Cyclically Adjusted PB Ratio Related Terms


Odfjell Drilling Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling Cyclically Adjusted PB Ratio Chart

Odfjell Drilling 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 0.42 0.58 0.80 1.00 1.63

Odfjell Drilling 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 1.25 1.50 1.64 1.85 1.50

OSTO:ODLO vs NE, RIG, VAL: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.


Odfjell Drilling Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


OSTO:ODLO
71GF Score
Odfjell Drilling Ltd OSTO:ODLO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Odfjell Drilling 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.

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

For example, Odfjell Drilling'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)
=59.446/142.3000*142.3000
=59.446

Current CPI (Jun. 2026) = 142.3000.

Odfjell Drilling Quarterly Data

Book Value per Share CPI Adj_Book
201609 32.284 101.500 45.261
201612 31.065 102.200 43.254
201703 30.560 102.700 42.344
201706 30.646 103.500 42.135
201709 30.033 104.300 40.975
201712 31.358 105.000 42.498
201803 30.176 105.100 40.857
201806 34.593 105.900 46.483
201809 34.909 106.600 46.600
201812 37.430 107.100 49.732
201903 37.629 107.000 50.043
201906 37.249 107.900 49.124
201909 39.899 108.400 52.377
201912 39.420 108.500 51.700
202003 46.482 108.600 60.906
202006 42.694 108.800 55.840
202009 42.382 109.200 55.229
202012 43.331 109.400 56.362
202103 42.851 109.700 55.585
202106 44.079 111.400 56.306
202109 45.729 112.400 57.894
202112 47.224 114.700 58.587
202203 46.007 116.500 56.196
202206 52.578 120.500 62.090
202209 58.454 122.300 68.013
202212 50.271 125.300 57.091
202303 53.326 126.800 59.845
202306 54.750 129.400 60.208
202309 62.085 130.100 67.907
202312 59.789 130.500 65.195
202403 63.557 131.600 68.725
202406 62.418 133.000 66.783
202409 61.863 133.500 65.941
202412 66.456 135.100 69.998
202503 62.064 136.100 64.891
202506 59.784 138.400 61.469
202509 59.578 138.900 61.036
202512 60.073 139.900 61.104
202603 58.716 140.800 59.342
202606 59.446 142.300 59.446

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 Odfjell Drilling (OSTO:ODLO) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued. The current stock price of kr105.40 is trading 23.6% above its estimated GF Value™ of kr85.30. GuruFocus considers Odfjell Drilling to be Modestly Overvalued.

Key valuation signals for OSTO:ODLO:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: kr85.30 vs. price of kr105.40 (23.6% above fair value)
  • GF Score™: 71/100 with 7 warning signs

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


Odfjell Drilling Business Description

Industry EnergyOil & Gas
Address Lower Ground Floor, Prime View, Prime Four Business Park, Kingswells, Aberdeen, Scotland, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
71GF Score

Get the complete analysis for OSTO:ODLO

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

kr105.40
Price
kr85.30
GF Value