WTTR (Select Water Solutions) Cyclically Adjusted PB Ratio: 2.31 (As of Jul. 23, 2026) — 53% Above Median

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WTTR Select Water Solutions Inc WTTR
66 GF Score
Price $21.35
GF Value $9.07
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Select Water Solutions Cyclically Adjusted PB Ratio?

Select Water Solutions WTTR +4.61% 66 Cyclically Adjusted PB Ratio is 2.31 as of Jul. 23, 2026, which is 53% above its 10-year median of 1.51. GuruFocus rates WTTR with a GF Scoreâ„¢ of 66/100 and a GF Valueâ„¢ of $9.07 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 771 Oil & Gas companies, Select Water Solutions ranks worse than 72.24% on this metric.

As of today (2026-07-23), Select Water Solutions's current share price is $21.35. Select Water Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.23. Select Water Solutions's Cyclically Adjusted PB Ratio for today is 2.31.

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

WTTR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.51   Max: 2.21
Current: 2.21

During the past years, Select Water Solutions's highest Cyclically Adjusted PB Ratio was 2.21. The lowest was 1.05. And the median was 1.51.

WTTR's Cyclically Adjusted PB Ratio is ranked worse than
72.24% of 771 companies
in the Oil & Gas industry
Industry Median: 1.2 vs WTTR: 2.21

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.

Select Water Solutions's adjusted book value per share data for the three months ended in Mar. 2026 was $8.137. 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 $9.23 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Select Water Solutions  (NYSE:WTTR) 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.


Select Water Solutions Cyclically Adjusted PB Ratio Related Terms


Select Water Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Select Water Solutions'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.

Select Water Solutions Cyclically Adjusted PB Ratio Chart

Select Water Solutions 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 0.00 1.16

Select Water Solutions 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 1.15 1.16 1.66

WTTR vs AESI, NESR, NEXT: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Select Water Solutions'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.


Select Water Solutions Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Select Water Solutions's Cyclically Adjusted PB Ratio falls into.


WTTR
66GF Score
Select Water Solutions Inc WTTR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Select Water Solutions 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.

Select Water Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.35/9.23
=2.31

* 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.

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

For example, Select Water Solutions'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)
=8.137/330.2130*330.2130
=8.137

Current CPI (Mar. 2026) = 330.2130.

Select Water Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 3.662 241.432 5.009
201703 3.615 243.801 4.896
201706 6.452 244.955 8.698
201709 6.520 246.819 8.723
201712 9.962 246.524 13.344
201803 10.101 249.554 13.366
201806 10.360 251.989 13.576
201809 10.679 252.439 13.969
201812 10.549 251.233 13.865
201903 10.489 254.202 13.625
201906 10.585 256.143 13.646
201909 10.724 256.759 13.792
201912 10.663 256.974 13.702
202003 7.801 258.115 9.980
202006 7.349 257.797 9.413
202009 7.021 260.280 8.907
202012 6.831 260.474 8.660
202103 6.503 264.877 8.107
202106 6.318 271.696 7.679
202109 6.169 274.310 7.426
202112 6.287 278.802 7.446
202203 6.317 287.504 7.255
202206 6.469 296.311 7.209
202209 6.721 296.808 7.477
202212 7.002 296.797 7.790
202303 7.025 301.836 7.685
202306 7.185 305.109 7.776
202309 7.306 307.789 7.838
202312 7.561 306.746 8.139
202403 7.497 312.332 7.926
202406 7.607 314.175 7.995
202409 7.748 315.301 8.114
202412 7.699 315.605 8.055
202503 7.634 319.799 7.883
202506 7.672 322.561 7.854
202509 7.703 324.800 7.831
202512 7.681 324.054 7.827
202603 8.137 330.213 8.137

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 2.31 mean?
Select Water Solutions (WTTR) has a Cyclically Adjusted PB Ratio of 2.31 as of Jul. 23, 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 Select Water Solutions and its competitors. This is 53% above median its historical median of 1.51. Over the past decade, Select Water Solutions' Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.21. According to the industry distribution chart, Select Water Solutions ranks #557 out of 771 companies in the Oil & Gas industry, placing it in the top 72.2%.
Is Select Water Solutions' Cyclically Adjusted PB Ratio too high?
Select Water Solutions' current Cyclically Adjusted PB Ratio of 2.31 is 53% above median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.21. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.20. Select Water Solutions' value of 2.31 is 92.5% above this industry median. Based on the distribution chart, Select Water Solutions ranks #557 out of 771 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Select Water Solutions has a GF Scoreâ„¢ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Select Water Solutions' Cyclically Adjusted PB Ratio compare to AESI and NESR?
According to the Oil & Gas industry distribution chart, Select Water Solutions ranks #557 out of 771 companies for Cyclically Adjusted PB Ratio. This places Select Water Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.20. Select Water Solutions' value of 2.31 is 92.5% above this benchmark. Historically, Select Water Solutions' own Cyclically Adjusted PB Ratio has ranged from 1.05 to 2.21 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 1.20, Select Water Solutions 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 1.20, based on 771 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. Select Water Solutions's current Cyclically Adjusted PB Ratio of 2.31 is 92.5% 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 Select Water Solutions and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Select Water Solutions's current Cyclically Adjusted PB Ratio is 2.31, which is 53% above median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Select Water Solutions stock overvalued right now?
Based on GuruFocus' analysis, Select Water Solutions (WTTR) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.07, compared to a current price of $21.35 — trading 135.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.31, which is 53% above median its 10-year median of 1.51 and 92.5% above the Oil & Gas industry median of 1.20. Select Water Solutions' overall GF Score™ is 66/100 with 11 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 Select Water Solutions (WTTR), the current Cyclically Adjusted PB Ratio is 2.31 as of Jul. 23, 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 Select Water Solutions (WTTR) Overvalued in 2026?

Based on GuruFocus' analysis, Select Water Solutions stock appears to be overvalued. The current stock price of $21.35 is trading 135.4% above its estimated GF Value™ of $9.07. GuruFocus considers Select Water Solutions to be Significantly Overvalued.

Key valuation signals for WTTR:

  • Cyclically Adjusted PB Ratio: 2.31 (53% above median its 10-year median of 1.51)
  • GF Value™: $9.07 vs. price of $21.35 (135.4% above fair value)
  • GF Score™: 66/100 with 11 warning signs
  • Industry Position: 92.5% above the Oil & Gas median (#557 of 771)

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


Select Water Solutions Business Description

Industry EnergyOil & Gas
Other Exchanges 18RA:Germany
Address 1820 North I-35, Gainesville, TX, USA, 76240
Select Water Solutions Inc provides sustainable water-management solutions to the energy industry in the United States. These solutions are supported by the company's critical water infrastructure assets, chemical manufacturing, and water treatment and recycling capabilities. The company's reportable segments are Water Services, Water Infrastructure, and Chemical Technologies. It generates maximum revenue from the Water Services segment, which comprises its short-cycle, field-based service offerings, including water transfer, water sourcing, fluids hauling, monitoring, containment, water-network automation, and the services associated with Peak Rentals. This segment earns revenue via market-based day rates, time-and-materials, or per-barrel delivered under MSAs and short-term work orders.
66GF Score

Get the complete analysis for WTTR

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

$21.35
Price
$9.07
GF Value