SEPLF (Seplat Energy) Cyclically Adjusted PB Ratio: 2.16 (As of Jul. 08, 2026) — 98% Above Median


SEPLF Seplat Energy PLC SEPLF
63 GF Score
Price $6.90
GF Value $6.91
Valuation Fairly Valued
! 9 Warning Signs
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What is Seplat Energy Cyclically Adjusted PB Ratio?

Seplat Energy SEPLF -1.08% 63 Cyclically Adjusted PB Ratio is 2.16 as of Jul. 08, 2026, which is 98% above its 10-year median of 1.09. GuruFocus rates SEPLF with a GF Score™ of 63/100 and a GF Value™ of $6.91 (Fairly Valued). The stock has 9 warning signs investors should review. Among 772 Oil & Gas companies, Seplat Energy ranks worse than 77.46% on this metric.

As of today (2026-07-08), Seplat Energy's current share price is $6.90. Seplat Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.20. Seplat Energy's Cyclically Adjusted PB Ratio for today is 2.16.

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

SEPLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 1.09   Max: 2.51
Current: 2.44

During the past years, Seplat Energy's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.26. And the median was 1.09.

SEPLF's Cyclically Adjusted PB Ratio is ranked worse than
77.46% of 772 companies
in the Oil & Gas industry
Industry Median: 1.18 vs SEPLF: 2.44

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.

Seplat Energy's adjusted book value per share data for the three months ended in Mar. 2026 was $3.066. 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 $3.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seplat Energy  (OTCPK:SEPLF) 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.


Seplat Energy Cyclically Adjusted PB Ratio Related Terms


Seplat Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Seplat 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.

Seplat Energy Cyclically Adjusted PB Ratio Chart

Seplat Energy 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 0.27 0.52 1.26 1.27

Seplat Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.19 1.17 1.27 1.95

SEPLF vs COP, EOG, FANG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Seplat 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.


Seplat Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


SEPLF
63GF Score
Seplat Energy PLC SEPLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seplat 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.

Seplat Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.90/3.20
=2.16

* 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.

Seplat Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Seplat Energy's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.066/330.2130*330.2130
=3.066

Current CPI (Mar. 2026) = 330.2130.

Seplat Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.373 241.018 3.251
201609 2.315 241.428 3.166
201612 2.190 241.432 2.995
201703 2.158 243.801 2.923
201706 2.146 244.955 2.893
201709 2.188 246.819 2.927
201712 2.668 246.524 3.574
201803 2.583 249.554 3.418
201806 2.586 251.989 3.389
201809 2.663 252.439 3.483
201812 2.816 251.233 3.701
201903 2.878 254.202 3.739
201906 2.989 256.143 3.853
201909 3.105 256.759 3.993
201912 3.177 256.974 4.082
202003 2.995 258.115 3.832
202006 2.950 257.797 3.779
202009 2.995 260.280 3.800
202012 2.919 260.474 3.701
202103 2.979 264.877 3.714
202106 2.909 271.696 3.536
202109 2.903 274.310 3.495
202112 3.024 278.802 3.582
202203 3.055 287.504 3.509
202206 3.113 296.311 3.469
202209 3.082 296.808 3.429
202212 3.019 296.797 3.359
202303 3.120 301.836 3.413
202306 2.991 305.109 3.237
202309 2.971 307.789 3.187
202312 3.006 306.746 3.236
202403 3.001 312.332 3.173
202406 2.968 314.175 3.120
202409 2.934 315.301 3.073
202412 3.097 315.605 3.240
202503 3.149 319.799 3.252
202506 3.047 322.561 3.119
202509 3.038 324.800 3.089
202512 3.045 324.054 3.103
202603 3.066 330.213 3.066

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 2.16 mean?
Seplat Energy (SEPLF) has a Cyclically Adjusted PB Ratio of 2.16 as of Jul. 08, 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 Seplat Energy and its competitors. This is 98% above median its historical median of 1.09. Over the past decade, Seplat Energy's Cyclically Adjusted PB Ratio has ranged from 0.26 to 2.51. According to the industry distribution chart, Seplat Energy ranks #598 out of 772 companies in the Oil & Gas industry, placing it in the top 77.5%.
Is Seplat Energy's Cyclically Adjusted PB Ratio too high?
Seplat Energy's current Cyclically Adjusted PB Ratio of 2.16 is 98% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.51. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Seplat Energy's value of 2.16 is 83.1% above this industry median. Based on the distribution chart, Seplat Energy ranks #598 out of 772 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Seplat Energy has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seplat Energy's Cyclically Adjusted PB Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Seplat Energy ranks #598 out of 772 companies for Cyclically Adjusted PB Ratio. This places Seplat Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Seplat Energy's value of 2.16 is 83.1% above this benchmark. Historically, Seplat Energy's own Cyclically Adjusted PB Ratio has ranged from 0.26 to 2.51 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.18, Seplat Energy has consistently been above 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 772 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. Seplat Energy's current Cyclically Adjusted PB Ratio of 2.16 is 83.1% above 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 Seplat Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seplat Energy's current Cyclically Adjusted PB Ratio is 2.16, which is 98% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seplat Energy stock overvalued right now?
Based on GuruFocus' analysis, Seplat Energy (SEPLF) is currently considered Fairly Valued. The stock's GF Value™ is $6.91, compared to a current price of $6.90 — trading 0.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.16, which is 98% above median its 10-year median of 1.09 and 83.1% above the Oil & Gas industry median of 1.18. Seplat Energy's overall GF Score™ is 63/100 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 Seplat Energy (SEPLF), the current Cyclically Adjusted PB Ratio is 2.16 as of Jul. 08, 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 Seplat Energy (SEPLF) Overvalued in 2026?

Based on GuruFocus' analysis, Seplat Energy stock appears to be undervalued. The current stock price of $6.90 is trading 0.1% below its estimated GF Value™ of $6.91. GuruFocus considers Seplat Energy to be Fairly Valued.

Key valuation signals for SEPLF:

  • Cyclically Adjusted PB Ratio: 2.16 (98% above median its 10-year median of 1.09)
  • GF Value™: $6.91 vs. price of $6.90 (0.1% below fair value)
  • GF Score™: 63/100 with 9 warning signs
  • Industry Position: 83.1% above the Oil & Gas median (#598 of 772)

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


Seplat Energy Business Description

Industry EnergyOil & Gas
Address 1, Lekki-Epe Expressway, Victoria Island, Seplat House, Lagos, NGA
Seplat Energy PLC is a Nigerian independent upstream oil and gas company that focuses on production and development opportunities in Nigeria. The company has two reportable segments, namely Oil and Gas. Geographically, it derives a key revenue from India, Spain, the Netherlands, and the USA. The company's exploration assets include OMLs 4, 38, and 41, which are located in Edo and Delta States onshore Nigeria; OPL 283 Marginal Field Area; and OML 53, which is located onshore in Imo State in the North-Eastern Niger Delta.
63GF Score

Get the complete analysis for SEPLF

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

$6.90
Price
$6.91
GF Value