Okea ASA (STU:3SX) Cyclically Adjusted PS Ratio: 0.91 (As of Aug. 14, 2026) — 75% Above Median

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STU:3SX Okea ASA STU:3SX
60 GF Score
Price €3.39
GF Value €1.99
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Okea ASA Cyclically Adjusted PS Ratio?

Okea ASA STU:3SX -2.45% 60 Cyclically Adjusted PS Ratio is 0.91 as of Aug. 14, 2026, which is 75% above its 10-year median of 0.52. GuruFocus rates STU:3SX with a GF Score™ of 60/100 and a GF Value™ of €1.99 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 715 Oil & Gas companies, Okea ASA ranks better than 57.9% on this metric.

As of today (2026-08-14), Okea ASA's current share price is €3.39. Okea ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €3.73. Okea ASA's Cyclically Adjusted PS Ratio for today is 0.91.

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

STU:3SX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 0.9
Current: 0.81

During the past 11 years, Okea ASA's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.40. And the median was 0.52.

STU:3SX's Cyclically Adjusted PS Ratio is ranked better than
57.9% of 715 companies
in the Oil & Gas industry
Industry Median: 1.06 vs STU:3SX: 0.81

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.

Okea ASA's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €6.441. 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 €3.73 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okea ASA  (STU:3SX) 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.


Okea ASA Cyclically Adjusted PS Ratio Related Terms


Okea ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Okea ASA'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.

Okea ASA Cyclically Adjusted PS Ratio Chart

Okea ASA 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 0.00 0.00 0.00 0.50 0.48

Okea ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.48 0.00 0.00

STU:3SX vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Okea ASA'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.


Okea ASA Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


STU:3SX
60GF Score
Okea ASA STU:3SX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Okea ASA 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.

Okea ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.39/3.73
=0.91

* 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.

Okea ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Okea ASA's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=6.441/139.1000*139.1000
=6.441

Current CPI (Dec25) = 139.1000.

Okea ASA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.002 104.400 0.003
201712 0.132 106.100 0.173
201812 0.407 109.800 0.516
201912 3.226 111.300 4.032
202012 1.554 112.900 1.915
202112 3.685 118.900 4.311
202212 5.929 125.900 6.551
202312 7.583 131.900 7.997
202412 9.428 134.800 9.729
202512 6.441 139.100 6.441

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 0.91 mean?
Okea ASA (STU:3SX) has a Cyclically Adjusted PS Ratio of 0.91 as of Aug. 14, 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 Okea ASA and its competitors. This is 75% above median its historical median of 0.52. Over the past decade, Okea ASA's Cyclically Adjusted PS Ratio has ranged from 0.40 to 0.90. According to the industry distribution chart, Okea ASA ranks #301 out of 715 companies in the Oil & Gas industry, placing it in the top 42.1%.
Is Okea ASA's Cyclically Adjusted PS Ratio too high?
Okea ASA's current Cyclically Adjusted PS Ratio of 0.91 is 75% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.90. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.06. Okea ASA's value of 0.91 is 14.2% below this industry median. Based on the distribution chart, Okea ASA ranks #301 out of 715 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Okea ASA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's Cyclically Adjusted PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Okea ASA ranks #301 out of 715 companies for Cyclically Adjusted PS Ratio. This puts Okea ASA in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.06. Okea ASA's value of 0.91 is 14.2% below this benchmark. Historically, Okea ASA's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 0.90 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.06, Okea ASA 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.06, based on 715 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. Okea ASA's current Cyclically Adjusted PS Ratio of 0.91 is 14.2% 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 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 Okea ASA and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okea ASA's current Cyclically Adjusted PS Ratio is 0.91, which is 75% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (STU:3SX) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.99, compared to a current price of €3.39 — trading 70.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.91, which is 75% above median its 10-year median of 0.52 and 14.2% below the Oil & Gas industry median of 1.06. Okea ASA's overall GF Score™ is 60/100 with 3 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 Okea ASA (STU:3SX), the current Cyclically Adjusted PS Ratio is 0.91 as of Aug. 14, 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 Okea ASA (STU:3SX) Overvalued in 2026?

Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued. The current stock price of €3.39 is trading 70.4% above its estimated GF Value™ of €1.99. GuruFocus considers Okea ASA to be Significantly Overvalued.

Key valuation signals for STU:3SX:

  • Cyclically Adjusted PS Ratio: 0.91 (75% above median its 10-year median of 0.52)
  • GF Value™: €1.99 vs. price of €3.39 (70.4% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 14.2% below the Oil & Gas median (#301 of 715)

No single metric tells the full story. See the STU:3SX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okea ASA Business Description

Industry EnergyOil & Gas
Address Kongens Gate 8, Trondheim, NOR, 7011
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
60GF Score

Get the complete analysis for STU:3SX

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

€3.39
Price
€1.99
GF Value