Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Air Products and ChemicalsWBO:APCD -0.32%62 3-Year Book Growth Rate is 4.40% as of Jun. 2026, which is 32% below its 10-year median of 6.50. GuruFocus rates WBO:APCD with a GF Score™ of 62/100 and a GF Value™ of €235.16 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,561 Chemicals companies, Air Products and Chemicals ranks better than 51.38% on this metric.
During the past 12 months, Air Products and Chemicals's average Book Value per Share Growth Rate was -10.70% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 4.40% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 5.30% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 8.00% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Air Products and Chemicals was 15.50% per year. The lowest was -0.80% per year. And the median was 6.50% per year.
Air Products and Chemicals (WBO:APCD) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Air Products and Chemicals 3-Year Book Growth Rate Related Terms
WBO:APCD vs ECL, SHW, PPG: 3-Year Book Growth Rate Comparison
For the Specialty Chemicals subindustry, Air Products and Chemicals's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.
Air Products and Chemicals 3-Year Book Growth Rate vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Air Products and Chemicals's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Air Products and Chemicals's 3-Year Book Growth Rate falls into.
Air Products and Chemicals 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 4.40% mean?
Air Products and Chemicals (WBO:APCD) has a 3-Year Book Growth Rate of 4.40% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Air Products and Chemicals and its competitors. This is 32% below median its historical median of 6.50. According to the industry distribution chart, Air Products and Chemicals ranks #759 out of 1561 companies in the Chemicals industry, placing it in the top 48.6%.
Is Air Products and Chemicals' 3-Year Book Growth Rate too high?
Air Products and Chemicals' current 3-Year Book Growth Rate of 4.40% is 32% below median its 10-year median of 6.50. The Chemicals industry median 3-Year Book Growth Rate is 4.30. Air Products and Chemicals' value of 4.40% is 2.3% above this industry median. Based on the distribution chart, Air Products and Chemicals ranks #759 out of 1561 companies in the Chemicals industry, which is above the industry midpoint. Overall, Air Products and Chemicals has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Products and Chemicals' 3-Year Book Growth Rate compare to ECL and SHW?
According to the Chemicals industry distribution chart, Air Products and Chemicals ranks #759 out of 1561 companies for 3-Year Book Growth Rate. This puts Air Products and Chemicals in the upper half of its industry. The industry median 3-Year Book Growth Rate is 4.30. Air Products and Chemicals' value of 4.40% is 2.3% above this benchmark. While the company's 10-year median is 6.50 vs. the industry median of 4.30, Air Products and Chemicals 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 3-Year Book Growth Rate for a Chemicals company?
The median 3-Year Book Growth Rate among Chemicals companies is 4.30, based on 1,561 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Products and Chemicals's current 3-Year Book Growth Rate of 4.40% is 2.3% 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 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Air Products and Chemicals and its competitors. For the Chemicals industry, the median 3-Year Book Growth Rate is 4.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Products and Chemicals's current 3-Year Book Growth Rate is 4.40%, which is 32% below median its own 10-year median of 6.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Products and Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Air Products and Chemicals (WBO:APCD) is currently considered Fairly Valued. The stock's GF Value™ is €235.16, compared to a current price of €252.30 — trading 7.3% above its estimated fair value. The current 3-Year Book Growth Rate is 4.40%, which is 32% below median its 10-year median of 6.50 and 2.3% above the Chemicals industry median of 4.30. Air Products and Chemicals' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Air Products and Chemicals (WBO:APCD), the current 3-Year Book Growth Rate is 4.40% as of Jun. 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 Air Products and Chemicals (WBO:APCD) Overvalued in 2026?
Based on GuruFocus' analysis, Air Products and Chemicals stock appears to be overvalued.
The current stock price of €252.30 is trading 7.3% above its estimated GF Value™ of €235.16.
GuruFocus considers Air Products and Chemicals to be Fairly Valued.
Key valuation signals for WBO:APCD:
3-Year Book Growth Rate: 4.40% (32% below median its 10-year median of 6.50)
GF Value™: €235.16 vs. price of €252.30 (7.3% above fair value)
Industry Position: 2.3% above the Chemicals median (#759 of 1561)
No single metric tells the full story. See the WBO:APCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Since its founding in 1940, Air Products has become one of the leading industrial gas suppliers globally, with operations in 50 countries and 19,000 employees. The company is the world's largest supplier of hydrogen and helium. It has a unique portfolio serving customers across industries, including chemicals, energy, healthcare, metals, and electronics. Air Products generated roughly $12 billion in revenue in fiscal 2025.
62GF Score
Get the complete analysis for WBO:APCD
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:APCD has been successfully added to your 
