Odfjell Drilling (FRA:OD3) Cyclically Adjusted PS Ratio: 3.03 (As of Jul. 23, 2026) — 99% Above Median

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FRA:OD3 Odfjell Drilling Ltd FRA:OD3
77 GF Score
Price €7.94
GF Value €6.95
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Odfjell Drilling Cyclically Adjusted PS Ratio?

Odfjell Drilling FRA:OD3 +1.93% 77 Cyclically Adjusted PS Ratio is 3.03 as of Jul. 23, 2026, which is 99% above its 10-year median of 1.52. GuruFocus rates FRA:OD3 with a GF Score™ of 77/100 and a GF Value™ of €6.95 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 707 Oil & Gas companies, Odfjell Drilling ranks worse than 77.65% on this metric.

As of today (2026-07-23), Odfjell Drilling's current share price is €7.94. Odfjell Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.62. Odfjell Drilling's Cyclically Adjusted PS Ratio for today is 3.03.

The historical rank and industry rank for Odfjell Drilling's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:OD3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.52   Max: 3.57
Current: 2.92

During the past years, Odfjell Drilling's highest Cyclically Adjusted PS Ratio was 3.57. The lowest was 0.56. And the median was 1.52.

FRA:OD3's Cyclically Adjusted PS Ratio is ranked worse than
77.65% of 707 companies
in the Oil & Gas industry
Industry Median: 1.04 vs FRA:OD3: 2.92

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Odfjell Drilling's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.530. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €2.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Odfjell Drilling  (FRA:OD3) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Odfjell Drilling Cyclically Adjusted PS Ratio Related Terms


Odfjell Drilling Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Odfjell Drilling's Cyclically Adjusted PS 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.

Odfjell Drilling Cyclically Adjusted PS Ratio Chart

Odfjell Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.78 1.19 1.62 2.95

Odfjell Drilling Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.86 2.18 2.59 2.95 3.45

FRA:OD3 vs NE, RIG, VAL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Drilling subindustry, Odfjell Drilling's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Odfjell Drilling Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Odfjell Drilling's Cyclically Adjusted PS Ratio falls into.


FRA:OD3
77GF Score
Odfjell Drilling Ltd FRA:OD3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odfjell Drilling Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Odfjell Drilling's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.94/2.62
=3.03

* 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.

Odfjell Drilling's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Odfjell Drilling's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.53/140.8000*140.8000
=0.530

Current CPI (Mar. 2026) = 140.8000.

Odfjell Drilling Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.745 101.000 1.039
201609 0.773 101.500 1.072
201612 0.572 102.200 0.788
201703 0.741 102.700 1.016
201706 0.738 103.500 1.004
201709 0.753 104.300 1.017
201712 0.726 105.000 0.974
201803 0.713 105.100 0.955
201806 0.687 105.900 0.913
201809 0.656 106.600 0.866
201812 0.622 107.100 0.818
201903 0.753 107.000 0.991
201906 0.697 107.900 0.910
201909 0.823 108.400 1.069
201912 0.839 108.500 1.089
202003 0.755 108.600 0.979
202006 0.624 108.800 0.808
202009 0.754 109.200 0.972
202012 1.234 109.400 1.588
202103 0.310 109.700 0.398
202106 0.380 111.400 0.480
202109 0.365 112.400 0.457
202112 0.351 114.700 0.431
202203 0.421 116.500 0.509
202206 0.389 120.500 0.455
202209 0.386 122.300 0.444
202212 0.385 125.300 0.433
202303 0.438 126.800 0.486
202306 0.428 129.400 0.466
202309 0.431 130.100 0.466
202312 0.460 130.500 0.496
202403 0.470 131.600 0.503
202406 0.465 133.000 0.492
202409 0.427 133.500 0.450
202412 0.498 135.100 0.519
202503 0.442 136.100 0.457
202506 0.390 138.400 0.397
202509 0.463 138.900 0.469
202512 0.508 139.900 0.511
202603 0.530 140.800 0.530

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.03 mean?
Odfjell Drilling (FRA:OD3) has a Cyclically Adjusted PS Ratio of 3.03 as of Jul. 23, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Odfjell Drilling and its competitors. This is 99% above median its historical median of 1.52. Over the past decade, Odfjell Drilling's Cyclically Adjusted PS Ratio has ranged from 0.56 to 3.57. According to the industry distribution chart, Odfjell Drilling ranks #549 out of 707 companies in the Oil & Gas industry, placing it in the top 77.7%.
Is Odfjell Drilling's Cyclically Adjusted PS Ratio too high?
Odfjell Drilling's current Cyclically Adjusted PS Ratio of 3.03 is 99% above median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 3.57. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.04. Odfjell Drilling's value of 3.03 is 191.3% above this industry median. Based on the distribution chart, Odfjell Drilling ranks #549 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Odfjell Drilling has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's Cyclically Adjusted PS Ratio compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #549 out of 707 companies for Cyclically Adjusted PS Ratio. This places Odfjell Drilling in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.04. Odfjell Drilling's value of 3.03 is 191.3% above this benchmark. Historically, Odfjell Drilling's own Cyclically Adjusted PS Ratio has ranged from 0.56 to 3.57 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.04, Odfjell Drilling 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.04, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odfjell Drilling's current Cyclically Adjusted PS Ratio of 3.03 is 191.3% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Odfjell Drilling and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current Cyclically Adjusted PS Ratio is 3.03, which is 99% above median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (FRA:OD3) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.95, compared to a current price of €7.94 — trading 14.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.03, which is 99% above median its 10-year median of 1.52 and 191.3% above the Oil & Gas industry median of 1.04. Odfjell Drilling's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Odfjell Drilling (FRA:OD3), the current Cyclically Adjusted PS Ratio is 3.03 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 Odfjell Drilling (FRA:OD3) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued. The current stock price of €7.94 is trading 14.2% above its estimated GF Value™ of €6.95. GuruFocus considers Odfjell Drilling to be Modestly Overvalued.

Key valuation signals for FRA:OD3:

  • Cyclically Adjusted PS Ratio: 3.03 (99% above median its 10-year median of 1.52)
  • GF Value™: €6.95 vs. price of €7.94 (14.2% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 191.3% above the Oil & Gas median (#549 of 707)

No single metric tells the full story. See the FRA:OD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Odfjell Drilling Business Description

Industry EnergyOil & Gas
Address Lower Ground Floor, Prime View, Prime Four Business Park, Kingswells, Aberdeen, Scotland, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
77GF Score

Get the complete analysis for FRA:OD3

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

€7.94
Price
€6.95
GF Value