BNTGF (Brenntag SE) Cyclically Adjusted PB Ratio: 2.42 (As of Jul. 20, 2026) — 18% Below Median

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BNTGF Brenntag SE BNTGF
83 GF Score
Price $63.18
GF Value $52.72
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Brenntag SE Cyclically Adjusted PB Ratio?

Brenntag SE BNTGF 83 Cyclically Adjusted PB Ratio is 2.42 as of Jul. 20, 2026, which is 18% below its 10-year median of 2.95. GuruFocus rates BNTGF with a GF Score™ of 83/100 and a GF Value™ of $52.72 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 1,278 Chemicals companies, Brenntag SE ranks worse than 57.51% on this metric.

As of today (2026-07-20), Brenntag SE's current share price is $63.18. Brenntag SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $26.13. Brenntag SE's Cyclically Adjusted PB Ratio for today is 2.42.

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

BNTGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.95   Max: 4.66
Current: 2.06

During the past years, Brenntag SE's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 1.60. And the median was 2.95.

BNTGF's Cyclically Adjusted PB Ratio is ranked worse than
57.51% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs BNTGF: 2.06

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.

Brenntag SE's adjusted book value per share data for the three months ended in Mar. 2026 was $35.887. 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 $26.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brenntag SE  (OTCPK:BNTGF) 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.


Brenntag SE Cyclically Adjusted PB Ratio Related Terms


Brenntag SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brenntag SE'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.

Brenntag SE Cyclically Adjusted PB Ratio Chart

Brenntag SE 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 4.08 2.63 3.35 2.16 1.76

Brenntag SE 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 2.19 2.04 1.82 1.76 1.99

BNTGF vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Brenntag SE'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.


Brenntag SE Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Brenntag SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brenntag SE's Cyclically Adjusted PB Ratio falls into.


BNTGF
83GF Score
Brenntag SE BNTGF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brenntag SE 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.

Brenntag SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.18/26.13
=2.42

* 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.

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

For example, Brenntag SE'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)
=35.887/131.2583*131.2583
=35.887

Current CPI (Mar. 2026) = 131.2583.

Brenntag SE Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.352 100.717 25.220
201609 19.946 101.017 25.917
201612 20.138 101.217 26.115
201703 21.077 101.417 27.279
201706 21.028 102.117 27.029
201709 22.621 102.717 28.907
201712 22.774 102.617 29.130
201803 24.310 102.917 31.004
201806 22.837 104.017 28.818
201809 23.707 104.718 29.716
201812 24.126 104.217 30.386
201903 24.935 104.217 31.405
201906 23.735 105.718 29.469
201909 24.513 106.018 30.349
201912 25.284 105.818 31.363
202003 25.597 105.718 31.781
202006 25.326 106.618 31.179
202009 26.597 105.818 32.991
202012 27.951 105.518 34.770
202103 28.833 107.518 35.199
202106 28.590 108.486 34.591
202109 28.895 109.435 34.657
202112 28.627 110.384 34.041
202203 30.352 113.968 34.957
202206 30.800 115.760 34.923
202209 31.670 118.818 34.986
202212 32.585 119.345 35.838
202303 30.561 122.402 32.772
202306 30.436 123.140 32.442
202309 32.570 124.195 34.422
202312 31.836 123.773 33.761
202403 33.786 125.038 35.467
202406 32.603 125.882 33.996
202409 33.610 126.198 34.958
202412 34.279 127.041 35.417
202503 35.368 127.779 36.331
202506 33.641 128.412 34.387
202509 35.088 129.255 35.632
202512 34.987 129.361 35.500
202603 35.887 131.258 35.887

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 2.42 mean?
Brenntag SE (BNTGF) has a Cyclically Adjusted PB Ratio of 2.42 as of Jul. 20, 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 Brenntag SE and its competitors. This is 18% below median its historical median of 2.95. Over the past decade, Brenntag SE's Cyclically Adjusted PB Ratio has ranged from 1.60 to 4.66. According to the industry distribution chart, Brenntag SE ranks #735 out of 1278 companies in the Chemicals industry, placing it in the top 57.5%.
Is Brenntag SE's Cyclically Adjusted PB Ratio too high?
Brenntag SE's current Cyclically Adjusted PB Ratio of 2.42 is 18% below median its 10-year median of 2.95. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 4.66. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Brenntag SE's value of 2.42 is 45.3% above this industry median. Based on the distribution chart, Brenntag SE ranks #735 out of 1278 companies in the Chemicals industry, which is below the industry midpoint. Overall, Brenntag SE has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brenntag SE's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Brenntag SE ranks #735 out of 1278 companies for Cyclically Adjusted PB Ratio. This places Brenntag SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Brenntag SE's value of 2.42 is 45.3% above this benchmark. Historically, Brenntag SE's own Cyclically Adjusted PB Ratio has ranged from 1.60 to 4.66 over the past decade. While the company's 10-year median is 2.95 vs. the industry median of 1.67, Brenntag SE 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 PB Ratio for a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 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. Brenntag SE's current Cyclically Adjusted PB Ratio of 2.42 is 45.3% 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 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 Brenntag SE and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brenntag SE's current Cyclically Adjusted PB Ratio is 2.42, which is 18% below median its own 10-year median of 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brenntag SE stock overvalued right now?
Based on GuruFocus' analysis, Brenntag SE (BNTGF) is currently considered Modestly Overvalued. The stock's GF Value™ is $52.72, compared to a current price of $63.18 — trading 19.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is 18% below median its 10-year median of 2.95 and 45.3% above the Chemicals industry median of 1.67. Brenntag SE's overall GF Score™ is 83/100 with 12 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 Brenntag SE (BNTGF), the current Cyclically Adjusted PB Ratio is 2.42 as of Jul. 20, 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 Brenntag SE (BNTGF) Overvalued in 2026?

Based on GuruFocus' analysis, Brenntag SE stock appears to be overvalued. The current stock price of $63.18 is trading 19.8% above its estimated GF Value™ of $52.72. GuruFocus considers Brenntag SE to be Modestly Overvalued.

Key valuation signals for BNTGF:

  • Cyclically Adjusted PB Ratio: 2.42 (18% below median its 10-year median of 2.95)
  • GF Value™: $52.72 vs. price of $63.18 (19.8% above fair value)
  • GF Score™: 83/100 with 12 warning signs
  • Industry Position: 45.3% above the Chemicals median (#735 of 1278)

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


Brenntag SE Business Description

Address Messeallee 11, Essen, NW, DEU, 45131
Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products. It operates in two reportable segments life science, material science and Specialties Other. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. The company organizes itself into four segments based on geography EMEA, North America, Latin America, and APAC.
83GF Score

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

$63.18
Price
$52.72
GF Value