Subsea 7 (LTS:0OGK) Cyclically Adjusted PS Ratio: 1.86 (As of Jul. 17, 2026) — 82% Above Median

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LTS:0OGK Subsea 7 SA LTS:0OGK
67 GF Score
Price kr320.20
GF Value kr192.03
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Subsea 7 Cyclically Adjusted PS Ratio?

Subsea 7 LTS:0OGK -1.69% 67 Cyclically Adjusted PS Ratio is 1.86 as of Jul. 17, 2026, which is 82% above its 10-year median of 1.02. GuruFocus rates LTS:0OGK with a GF Score™ of 67/100 and a GF Value™ of kr192.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 706 Oil & Gas companies, Subsea 7 ranks worse than 67.85% on this metric.

As of today (2026-07-17), Subsea 7's current share price is kr320.20. Subsea 7's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr172.52. Subsea 7's Cyclically Adjusted PS Ratio for today is 1.86.

The historical rank and industry rank for Subsea 7's Cyclically Adjusted PS Ratio or its related term are showing as below:

LTS:0OGK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.02   Max: 2.02
Current: 1.93

During the past years, Subsea 7's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.45. And the median was 1.02.

LTS:0OGK's Cyclically Adjusted PS Ratio is ranked worse than
67.85% of 706 companies
in the Oil & Gas industry
Industry Median: 1.025 vs LTS:0OGK: 1.93

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.

Subsea 7's adjusted revenue per share data for the three months ended in Mar. 2026 was kr57.941. 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 kr172.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Subsea 7  (LTS:0OGK) 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.


Subsea 7 Cyclically Adjusted PS Ratio Related Terms


Subsea 7 Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Subsea 7'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.

Subsea 7 Cyclically Adjusted PS Ratio Chart

Subsea 7 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 0.54 0.88 1.04 1.17 1.21

Subsea 7 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 1.06 1.17 1.25 1.21 1.74

LTS:0OGK vs SLB, BKR, HAL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Subsea 7'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.


Subsea 7 Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Subsea 7's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Subsea 7's Cyclically Adjusted PS Ratio falls into.


LTS:0OGK
67GF Score
Subsea 7 SA LTS:0OGK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Subsea 7 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.

Subsea 7's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=320.20/172.52
=1.86

* 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.

Subsea 7's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Subsea 7'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)
=57.941/127.1600*127.1600
=57.941

Current CPI (Mar. 2026) = 127.1600.

Subsea 7 Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.284 100.660 29.414
201609 22.184 100.750 27.999
201612 23.284 101.040 29.303
201703 22.339 101.780 27.909
201706 25.376 102.170 31.583
201709 24.450 102.520 30.326
201712 25.351 102.410 31.478
201803 19.257 102.900 23.797
201806 28.747 103.650 35.267
201809 27.237 104.580 33.118
201812 27.172 104.320 33.121
201903 23.436 105.140 28.344
201906 26.806 105.550 32.294
201909 28.601 105.900 34.343
201912 26.856 106.080 32.193
202003 25.747 106.040 30.875
202006 24.184 106.340 28.919
202009 29.205 106.620 34.831
202012 29.673 106.670 35.373
202103 28.417 108.140 33.415
202106 33.898 108.680 39.662
202109 42.069 109.470 48.867
202112 41.083 111.090 47.026
202203 35.758 114.780 39.615
202206 41.385 116.750 45.075
202209 49.645 117.000 53.956
202212 43.823 117.060 47.604
202303 44.979 118.910 48.100
202306 54.433 120.460 57.461
202309 56.152 121.740 58.652
202312 57.278 121.170 60.110
202403 49.185 122.590 51.019
202406 61.538 123.120 63.557
202409 65.237 123.300 67.279
202412 70.450 122.430 73.172
202503 54.966 124.210 56.271
202506 59.380 125.820 60.012
202509 61.468 126.570 61.755
202512 66.590 126.180 67.107
202603 57.941 127.160 57.941

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 1.86 mean?
Subsea 7 (LTS:0OGK) has a Cyclically Adjusted PS Ratio of 1.86 as of Jul. 17, 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 Subsea 7 and its competitors. This is 82% above median its historical median of 1.02. Over the past decade, Subsea 7's Cyclically Adjusted PS Ratio has ranged from 0.45 to 2.02. According to the industry distribution chart, Subsea 7 ranks #479 out of 706 companies in the Oil & Gas industry, placing it in the top 67.8%.
Is Subsea 7's Cyclically Adjusted PS Ratio too high?
Subsea 7's current Cyclically Adjusted PS Ratio of 1.86 is 82% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.02. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.03. Subsea 7's value of 1.86 is 81.5% above this industry median. Based on the distribution chart, Subsea 7 ranks #479 out of 706 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Subsea 7 has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Subsea 7's Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Subsea 7 ranks #479 out of 706 companies for Cyclically Adjusted PS Ratio. This places Subsea 7 in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Subsea 7's value of 1.86 is 81.5% above this benchmark. Historically, Subsea 7's own Cyclically Adjusted PS Ratio has ranged from 0.45 to 2.02 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.03, Subsea 7 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 1.03, based on 706 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. Subsea 7's current Cyclically Adjusted PS Ratio of 1.86 is 81.5% 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 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 Subsea 7 and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subsea 7's current Cyclically Adjusted PS Ratio is 1.86, which is 82% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subsea 7 stock overvalued right now?
Based on GuruFocus' analysis, Subsea 7 (LTS:0OGK) is currently considered Significantly Overvalued. The stock's GF Value™ is kr192.03, compared to a current price of kr320.20 — trading 66.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.86, which is 82% above median its 10-year median of 1.02 and 81.5% above the Oil & Gas industry median of 1.03. Subsea 7's overall GF Score™ is 67/100 with 6 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 Subsea 7 (LTS:0OGK), the current Cyclically Adjusted PS Ratio is 1.86 as of Jul. 17, 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 Subsea 7 (LTS:0OGK) Overvalued in 2026?

Based on GuruFocus' analysis, Subsea 7 stock appears to be overvalued. The current stock price of kr320.20 is trading 66.7% above its estimated GF Value™ of kr192.03. GuruFocus considers Subsea 7 to be Significantly Overvalued.

Key valuation signals for LTS:0OGK:

  • Cyclically Adjusted PS Ratio: 1.86 (82% above median its 10-year median of 1.02)
  • GF Value™: kr192.03 vs. price of kr320.20 (66.7% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 81.5% above the Oil & Gas median (#479 of 706)

No single metric tells the full story. See the LTS:0OGK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Subsea 7 Business Description

Industry EnergyOil & Gas
Address 412F, Route d\'Esch, Luxembourg, LUX, L-1471
Subsea 7 SA is an engineering and construction service provider in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. Its segments are Subsea and Conventional, Renewables, and Corporate. The group generates the majority of its revenue from the Subsea and Conventional segment includes Subsea Umbilicals, Risers and Flowlines, Conventional services, Activities associated with the provision of inspection, repair and maintenance (IRM) services, heavy lifting operations, and decommissioning of redundant offshore structures, carbon capture, and utilisation and storage. Its geographic areas are Norway, Brazil, the United Kingdom, and Others.
67GF Score

Get the complete analysis for LTS:0OGK

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

kr320.20
Price
kr192.03
GF Value