TWMIF (Tidewater Midstream and Infrastructure) Cyclically Adjusted PB Ratio: 0.57 (As of Jul. 13, 2026) — 217% Above Median


TWMIF Tidewater Midstream and Infrastructure Ltd TWMIF
44 GF Score
Price $12.06
GF Value $5.43
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Tidewater Midstream and Infrastructure Cyclically Adjusted PB Ratio?

Tidewater Midstream and Infrastructure TWMIF 44 Cyclically Adjusted PB Ratio is 0.57 as of Jul. 13, 2026, which is 217% above its 10-year median of 0.18. GuruFocus rates TWMIF with a GF Score™ of 44/100 and a GF Value™ of $5.43 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 775 Oil & Gas companies, Tidewater Midstream and Infrastructure ranks better than 69.81% on this metric.

As of today (2026-07-13), Tidewater Midstream and Infrastructure's current share price is $12.06. Tidewater Midstream and Infrastructure's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.18. Tidewater Midstream and Infrastructure's Cyclically Adjusted PB Ratio for today is 0.57.

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

TWMIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.18   Max: 0.62
Current: 0.62

During the past years, Tidewater Midstream and Infrastructure's highest Cyclically Adjusted PB Ratio was 0.62. The lowest was 0.10. And the median was 0.18.

TWMIF's Cyclically Adjusted PB Ratio is ranked better than
69.81% of 775 companies
in the Oil & Gas industry
Industry Median: 1.18 vs TWMIF: 0.62

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.

Tidewater Midstream and Infrastructure's adjusted book value per share data for the three months ended in Mar. 2026 was $5.232. 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 $21.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tidewater Midstream and Infrastructure  (OTCPK:TWMIF) 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.


Tidewater Midstream and Infrastructure Cyclically Adjusted PB Ratio Related Terms


Tidewater Midstream and Infrastructure Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure Cyclically Adjusted PB Ratio Chart

Tidewater Midstream and Infrastructure 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 0.00 0.00 0.10 0.18

Tidewater Midstream and Infrastructure 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 0.18 0.14 0.21 0.18 0.30

TWMIF vs WMB, EPD, KMI: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Tidewater Midstream and Infrastructure's Cyclically Adjusted PB Ratio falls into.


TWMIF
44GF Score
Tidewater Midstream and Infrastructure Ltd TWMIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tidewater Midstream and Infrastructure 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.

Tidewater Midstream and Infrastructure's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.06/21.18
=0.57

* 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.

Tidewater Midstream and Infrastructure's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Tidewater Midstream and Infrastructure'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)
=5.232/132.2623*132.2623
=5.232

Current CPI (Mar. 2026) = 132.2623.

Tidewater Midstream and Infrastructure Quarterly Data

Book Value per Share CPI Adj_Book
201606 20.332 102.002 26.364
201609 20.066 101.765 26.080
201612 19.782 101.449 25.791
201703 20.260 102.634 26.109
201706 20.462 103.029 26.268
201709 21.982 103.345 28.133
201712 21.016 103.345 26.897
201803 20.843 105.004 26.254
201806 20.541 105.557 25.738
201809 20.512 105.636 25.682
201812 21.008 105.399 26.362
201903 20.028 106.979 24.761
201906 20.359 107.690 25.004
201909 21.024 107.611 25.840
201912 21.160 107.769 25.969
202003 17.266 107.927 21.159
202006 17.635 108.401 21.517
202009 17.853 108.164 21.830
202012 19.650 108.559 23.940
202103 20.317 110.298 24.363
202106 23.851 111.720 28.237
202109 28.925 112.905 33.884
202112 28.200 113.774 32.783
202203 30.328 117.646 34.096
202206 30.693 120.806 33.604
202209 26.214 120.648 28.738
202212 24.391 120.964 26.669
202303 23.288 122.702 25.102
202306 23.712 124.203 25.251
202309 22.320 125.230 23.573
202312 10.830 125.072 11.453
202403 10.356 126.258 10.849
202406 10.253 127.522 10.634
202409 10.354 127.285 10.759
202412 9.463 127.364 9.827
202503 8.387 129.181 8.587
202506 8.287 129.892 8.438
202509 7.083 130.287 7.190
202512 6.086 130.366 6.175
202603 5.232 132.262 5.232

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 0.57 mean?
Tidewater Midstream and Infrastructure (TWMIF) has a Cyclically Adjusted PB Ratio of 0.57 as of Jul. 13, 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 Tidewater Midstream and Infrastructure and its competitors. This is 217% above median its historical median of 0.18. Over the past decade, Tidewater Midstream and Infrastructure's Cyclically Adjusted PB Ratio has ranged from 0.10 to 0.62. According to the industry distribution chart, Tidewater Midstream and Infrastructure ranks #234 out of 775 companies in the Oil & Gas industry, placing it in the top 30.2%.
Is Tidewater Midstream and Infrastructure's Cyclically Adjusted PB Ratio too high?
Tidewater Midstream and Infrastructure's current Cyclically Adjusted PB Ratio of 0.57 is 217% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.62. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Tidewater Midstream and Infrastructure's value of 0.57 is 51.7% below this industry median. Based on the distribution chart, Tidewater Midstream and Infrastructure ranks #234 out of 775 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tidewater Midstream and Infrastructure has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater Midstream and Infrastructure's Cyclically Adjusted PB Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Tidewater Midstream and Infrastructure ranks #234 out of 775 companies for Cyclically Adjusted PB Ratio. This puts Tidewater Midstream and Infrastructure in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Tidewater Midstream and Infrastructure's value of 0.57 is 51.7% below this benchmark. Historically, Tidewater Midstream and Infrastructure's own Cyclically Adjusted PB Ratio has ranged from 0.10 to 0.62 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 1.18, Tidewater Midstream and Infrastructure has consistently been below 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 775 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. Tidewater Midstream and Infrastructure's current Cyclically Adjusted PB Ratio of 0.57 is 51.7% 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 Tidewater Midstream and Infrastructure 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. Tidewater Midstream and Infrastructure's current Cyclically Adjusted PB Ratio is 0.57, which is 217% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater Midstream and Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure (TWMIF) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.43, compared to a current price of $12.06 — trading 122.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.57, which is 217% above median its 10-year median of 0.18 and 51.7% below the Oil & Gas industry median of 1.18. Tidewater Midstream and Infrastructure's overall GF Score™ is 44/100 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 Tidewater Midstream and Infrastructure (TWMIF), the current Cyclically Adjusted PB Ratio is 0.57 as of Jul. 13, 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 Tidewater Midstream and Infrastructure (TWMIF) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure stock appears to be overvalued. The current stock price of $12.06 is trading 122.1% above its estimated GF Value™ of $5.43. GuruFocus considers Tidewater Midstream and Infrastructure to be Significantly Overvalued.

Key valuation signals for TWMIF:

  • Cyclically Adjusted PB Ratio: 0.57 (217% above median its 10-year median of 0.18)
  • GF Value™: $5.43 vs. price of $12.06 (122.1% above fair value)
  • GF Score™: 44/100 with 9 warning signs
  • Industry Position: 51.7% below the Oil & Gas median (#234 of 775)

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


Tidewater Midstream and Infrastructure Business Description

Industry EnergyOil & Gas
Other Exchanges TL50:GermanyTWM:Canada
Address 222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane, and natural gasoline throughout North America and exports to premium markets. The business activities of the company include gathering, processing, and transportation related to raw gas gathering systems, processing plants, and pipelines, NGL marketing and Extraction, refined products, and other activities.
44GF Score

Get the complete analysis for TWMIF

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

$12.06
Price
$5.43
GF Value