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.
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.
Harbour EnergyPMOIF 77 Cyclically Adjusted PB Ratio is 0.21 as of Sep. 16, 2026. GuruFocus rates PMOIF with a GF Score™ of 77/100 and a GF Value™ of $4.16 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 754 Oil & Gas companies, Harbour Energy ranks worse than 132625.86% on this metric.
Harbour Energy (OTCPK:PMOIF) 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.
Harbour Energy Cyclically Adjusted PB Ratio Related Terms
Harbour Energy Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Harbour Energy'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.
PMOIF vs COP, EOG, OXY: Cyclically Adjusted PB Ratio Comparison
For the Oil & Gas E&P subindustry, Harbour Energy'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.
Harbour Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Harbour Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Harbour Energy's Cyclically Adjusted PB Ratio falls into.
Harbour Energy 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.
Harbour Energy does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.
What does a Cyclically Adjusted PB Ratio of 0.21 mean?
Harbour Energy (PMOIF) has a Cyclically Adjusted PB Ratio of 0.21 as of Sep. 16, 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 Harbour Energy and its competitors. According to the industry distribution chart, Harbour Energy ranks #999999 out of 754 companies in the Oil & Gas industry.
Is Harbour Energy's Cyclically Adjusted PB Ratio too high?
Harbour Energy's current Cyclically Adjusted PB Ratio is 0.21. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. Harbour Energy's value of 0.21 is 83.4% below this industry median. Based on the distribution chart, Harbour Energy ranks #999999 out of 754 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Harbour Energy has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harbour Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Harbour Energy ranks #999999 out of 754 companies for Cyclically Adjusted PB Ratio. This places Harbour Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Harbour Energy's value of 0.21 is 83.4% below this benchmark. 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 1.27, based on 754 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. Harbour Energy's current Cyclically Adjusted PB Ratio of 0.21 is 83.4% 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 Harbour Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbour Energy's current Cyclically Adjusted PB Ratio is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbour Energy stock overvalued right now?
Based on GuruFocus' analysis, Harbour Energy (PMOIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.16, compared to a current price of $3.74 — trading 10.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.21 and 83.4% below the Oil & Gas industry median of 1.27. Harbour Energy's overall GF Score™ is 77/100 with 9 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 Harbour Energy (PMOIF), the current Cyclically Adjusted PB Ratio is 0.21 as of Sep. 16, 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 Harbour Energy (PMOIF) Overvalued in 2026?
Based on GuruFocus' analysis, Harbour Energy stock appears to be undervalued.
The current stock price of $3.74 is trading 10.1% below its estimated GF Value™ of $4.16.
GuruFocus considers Harbour Energy to be Modestly Undervalued.
Key valuation signals for PMOIF:
Cyclically Adjusted PB Ratio: 0.21
GF Value™: $4.16 vs. price of $3.74 (10.1% below fair value)
Industry Position: 83.4% below the Oil & Gas median (#999999 of 754)
No single metric tells the full story. See the PMOIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbour Energy PLC is an independent upstream oil and gas company engaged in the acquisition, exploration, development, and production of oil and natural gas reserves. The operating segments are divided geographically and managed across nine business units: namely Norway, UK, Germany, Mexico, Argentina, North Africa, Southeast Asia, CCS and Corporate. The CCS segment includes Denmark. The majority of the company's revenue is derived from the sale of crude oil in Norway.
77GF Score
Get the complete analysis for PMOIF
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PMOIF has been successfully added to your 
