WTI (W&T Offshore) Cyclically Adjusted PB Ratio: (As of Jul. 26, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

WTI W&T Offshore Inc WTI
52 GF Score
Price $3.66
GF Value $2.27
Valuation Significantly Overvalued
! 5 Warning Signs
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What is W&T Offshore Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


W&T Offshore  (NYSE:WTI) 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.


W&T Offshore Cyclically Adjusted PB Ratio Related Terms


W&T Offshore Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for W&T Offshore'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.

W&T Offshore Cyclically Adjusted PB Ratio Chart

W&T Offshore 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 36.72 0.00 0.00 0.00 0.00

W&T Offshore 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 0.00 0.00 0.00 0.00 0.00

WTI vs SD, EGY, ZNOG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, W&T Offshore'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.


W&T Offshore Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, W&T Offshore's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where W&T Offshore's Cyclically Adjusted PB Ratio falls into.


WTI
52GF Score
W&T Offshore Inc WTI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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W&T Offshore 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.

W&T Offshore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, W&T Offshore'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)
=-1.491/330.2130*330.2130
=-1.491

Current CPI (Mar. 2026) = 330.2130.

W&T Offshore Quarterly Data

Book Value per Share CPI Adj_Book
201606 -10.867 241.018 -14.889
201609 -4.946 241.428 -6.765
201612 -4.787 241.432 -6.547
201703 -4.596 243.801 -6.225
201706 -4.339 244.955 -5.849
201709 -4.334 246.819 -5.798
201712 -4.123 246.524 -5.523
201803 -3.916 249.554 -5.182
201806 -3.646 251.989 -4.778
201809 -3.304 252.439 -4.322
201812 -2.309 251.233 -3.035
201903 -2.649 254.202 -3.441
201906 -2.381 256.143 -3.070
201909 -1.833 256.759 -2.357
201912 -1.760 256.974 -2.262
202003 -1.287 258.115 -1.646
202006 -1.322 257.797 -1.693
202009 -1.407 260.280 -1.785
202012 -1.464 260.474 -1.856
202103 -1.466 264.877 -1.828
202106 -1.825 271.696 -2.218
202109 -2.085 274.310 -2.510
202112 -1.730 278.802 -2.049
202203 -1.744 287.504 -2.003
202206 -0.869 296.311 -0.968
202209 -0.384 296.808 -0.427
202212 0.052 296.797 0.058
202303 0.238 301.836 0.260
202306 0.169 305.109 0.183
202309 0.205 307.789 0.220
202312 0.213 306.746 0.229
202403 0.141 312.332 0.149
202406 0.034 314.175 0.036
202409 -0.214 315.301 -0.224
202412 -0.357 315.605 -0.374
202503 -0.561 319.799 -0.579
202506 -0.693 322.561 -0.709
202509 -1.159 324.800 -1.178
202512 -1.343 324.054 -1.369
202603 -1.491 330.213 -1.491

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 W&T Offshore (WTI) Overvalued in 2026?

Based on GuruFocus' analysis, W&T Offshore stock appears to be overvalued. The current stock price of $3.66 is trading 61.2% above its estimated GF Value™ of $2.27. GuruFocus considers W&T Offshore to be Significantly Overvalued.

Key valuation signals for WTI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $2.27 vs. price of $3.66 (61.2% above fair value)
  • GF Score™: 52/100 with 5 warning signs

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


W&T Offshore Business Description

Industry EnergyOil & Gas
Other Exchanges UWV:Germany
Address 5718 Westheimer Road, Suite 700, Houston, TX, USA, 77057-5745
W&T Offshore Inc is an an independent oil, NGL and natural gas producer with all of its operations offshore in the Gulf of America. The company is active in the exploration, development and acquisition of oil and natural gas properties. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of company's revenue, with natural gas accounting for a much smaller portion. The company has its operations in Mississippi Canyon; Ewing Bank; Ship Shoal; Garden Banks; and Mobile Bay Complex.
52GF Score

Get the complete analysis for WTI

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

$3.66
Price
$2.27
GF Value