Odessos Shiprepair Yard (XBUL:ODES) Cyclically Adjusted PB Ratio: 1.33 (As of Aug. 21, 2026) — 68% Below Median

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XBUL:ODES Odessos Shiprepair Yard XBUL:ODES
79 GF Score
Price €105.00
GF Value €267.10
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Odessos Shiprepair Yard Cyclically Adjusted PB Ratio?

Odessos Shiprepair Yard XBUL:ODES 79 Cyclically Adjusted PB Ratio is 1.33 as of Aug. 21, 2026, which is 68% below its 10-year median of 4.22. GuruFocus rates XBUL:ODES with a GF Score™ of 79/100 and a GF Value™ of €267.10 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 205 Aerospace & Defense companies, Odessos Shiprepair Yard ranks better than 80.98% on this metric.

As of today (2026-08-21), Odessos Shiprepair Yard's current share price is €105.00. Odessos Shiprepair Yard's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €78.86. Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio for today is 1.33.

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

XBUL:ODES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.27   Med: 4.22   Max: 4.9
Current: 1.33

During the past years, Odessos Shiprepair Yard's highest Cyclically Adjusted PB Ratio was 4.90. The lowest was 1.27. And the median was 4.22.

XBUL:ODES's Cyclically Adjusted PB Ratio is ranked better than
80.98% of 205 companies
in the Aerospace & Defense industry
Industry Median: 3.47 vs XBUL:ODES: 1.33

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.

Odessos Shiprepair Yard's adjusted book value per share data for the three months ended in Mar. 2026 was €79.521. 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 €78.86 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Odessos Shiprepair Yard  (XBUL:ODES) 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.


Odessos Shiprepair Yard Cyclically Adjusted PB Ratio Related Terms


Odessos Shiprepair Yard Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Odessos Shiprepair Yard'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.

Odessos Shiprepair Yard Cyclically Adjusted PB Ratio Chart

Odessos Shiprepair Yard 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 2.20 4.36 4.64 3.88

Odessos Shiprepair Yard 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 4.49 4.43 4.13 3.88 1.34

XBUL:ODES vs SPCX, GE, RTX: Cyclically Adjusted PB Ratio Comparison

For the Aerospace & Defense subindustry, Odessos Shiprepair Yard'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.


Odessos Shiprepair Yard Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio falls into.


XBUL:ODES
79GF Score
Odessos Shiprepair Yard XBUL:ODES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odessos Shiprepair Yard 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.

Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=105.00/78.86
=1.33

* 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.

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

For example, Odessos Shiprepair Yard'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)
=79.521/330.2130*330.2130
=79.521

Current CPI (Mar. 2026) = 330.2130.

Odessos Shiprepair Yard Quarterly Data

Book Value per Share CPI Adj_Book
201606 56.503 241.018 77.413
201609 56.784 241.428 77.666
201612 56.746 241.432 77.613
201703 56.158 243.801 76.062
201706 56.055 244.955 75.565
201709 58.250 246.819 77.931
201712 56.731 246.524 75.990
201803 56.414 249.554 74.648
201806 55.480 251.989 72.702
201809 55.644 252.439 72.787
201812 55.162 251.233 72.503
201903 55.266 254.202 71.792
201906 54.194 256.143 69.866
201909 56.918 256.759 73.201
201912 56.017 256.974 71.982
202003 59.307 258.115 75.873
202006 58.593 257.797 75.052
202009 62.227 260.280 78.946
202012 61.802 260.474 78.349
202103 63.922 264.877 79.689
202106 60.908 271.696 74.026
202109 63.031 274.310 75.876
202112 62.375 278.802 73.877
202203 64.070 287.504 73.588
202206 65.877 296.311 73.414
202209 70.819 296.808 78.790
202212 73.261 296.797 81.509
202303 79.394 301.836 86.858
202306 75.716 305.109 81.946
202309 79.417 307.789 85.203
202312 81.758 306.746 88.013
202403 85.853 312.332 90.768
202406 81.959 314.175 86.143
202409 88.073 315.301 92.238
202412 81.714 315.605 85.496
202503 85.676 319.799 88.466
202506 83.998 322.561 85.991
202509 84.279 324.800 85.684
202512 79.969 324.054 81.489
202603 79.521 330.213 79.521

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 1.33 mean?
Odessos Shiprepair Yard (XBUL:ODES) has a Cyclically Adjusted PB Ratio of 1.33 as of Aug. 21, 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 Odessos Shiprepair Yard and its competitors. This is 68% below median its historical median of 4.22. Over the past decade, Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio has ranged from 1.27 to 4.90. According to the industry distribution chart, Odessos Shiprepair Yard ranks #39 out of 205 companies in the Aerospace & Defense industry, placing it in the top 19%.
Is Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio too high?
Odessos Shiprepair Yard's current Cyclically Adjusted PB Ratio of 1.33 is 68% below median its 10-year median of 4.22. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 4.90. The Aerospace & Defense industry median Cyclically Adjusted PB Ratio is 3.47. Odessos Shiprepair Yard's value of 1.33 is 61.7% below this industry median. Based on the distribution chart, Odessos Shiprepair Yard ranks #39 out of 205 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Odessos Shiprepair Yard has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Odessos Shiprepair Yard's Cyclically Adjusted PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Odessos Shiprepair Yard ranks #39 out of 205 companies for Cyclically Adjusted PB Ratio. This places Odessos Shiprepair Yard in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 3.47. Odessos Shiprepair Yard's value of 1.33 is 61.7% below this benchmark. Historically, Odessos Shiprepair Yard's own Cyclically Adjusted PB Ratio has ranged from 1.27 to 4.90 over the past decade. While the company's 10-year median is 4.22 vs. the industry median of 3.47, Odessos Shiprepair Yard 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 Aerospace & Defense company?
The median Cyclically Adjusted PB Ratio among Aerospace & Defense companies is 3.47, based on 205 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. Odessos Shiprepair Yard's current Cyclically Adjusted PB Ratio of 1.33 is 61.7% 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 Odessos Shiprepair Yard and its competitors. For the Aerospace & Defense industry, the median Cyclically Adjusted PB Ratio is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odessos Shiprepair Yard's current Cyclically Adjusted PB Ratio is 1.33, which is 68% below median its own 10-year median of 4.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odessos Shiprepair Yard stock overvalued right now?
Based on GuruFocus' analysis, Odessos Shiprepair Yard (XBUL:ODES) is currently considered Significantly Undervalued. The stock's GF Value™ is €267.10, compared to a current price of €105.00 — trading 60.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.33, which is 68% below median its 10-year median of 4.22 and 61.7% below the Aerospace & Defense industry median of 3.47. Odessos Shiprepair Yard's overall GF Score™ is 79/100 with 2 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 Odessos Shiprepair Yard (XBUL:ODES), the current Cyclically Adjusted PB Ratio is 1.33 as of Aug. 21, 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 Odessos Shiprepair Yard (XBUL:ODES) Overvalued in 2026?

Based on GuruFocus' analysis, Odessos Shiprepair Yard stock appears to be undervalued. The current stock price of €105.00 is trading 60.7% below its estimated GF Value™ of €267.10. GuruFocus considers Odessos Shiprepair Yard to be Significantly Undervalued.

Key valuation signals for XBUL:ODES:

  • Cyclically Adjusted PB Ratio: 1.33 (68% below median its 10-year median of 4.22)
  • GF Value™: €267.10 vs. price of €105.00 (60.7% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 61.7% below the Aerospace & Defense median (#39 of 205)

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


Odessos Shiprepair Yard Business Description

Address Island zone, Varna, BGR, 9000
Odessos Shiprepair Yard is engaged in repair and docking of vessels. The company offers various services such as mechanical, piping, electrical, blasting and painting, carpentry, docking, storage and fire safety.
79GF Score

Get the complete analysis for XBUL:ODES

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

€105.00
Price
€267.10
GF Value