FMC (BSP:F1MC34) Cyclically Adjusted PB Ratio: 0.37 (As of Aug. 07, 2026) — 93% Below Median

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BSP:F1MC34 FMC Corp BSP:F1MC34
48 GF Score
Price R$27.80
GF Value R$91.54
Valuation Possible Value Trap
! 7 Warning Signs
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What is FMC Cyclically Adjusted PB Ratio?

FMC BSP:F1MC34 48 Cyclically Adjusted PB Ratio is 0.37 as of Aug. 07, 2026, which is 93% below its 10-year median of 5.56. GuruFocus rates BSP:F1MC34 with a GF Score™ of 48/100 and a GF Value™ of R$91.54 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 191 Agriculture companies, FMC ranks better than 92.67% on this metric.

As of today (2026-08-07), FMC's current share price is R$27.80. FMC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$74.15. FMC's Cyclically Adjusted PB Ratio for today is 0.37.

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

BSP:F1MC34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 5.56   Max: 7.63
Current: 0.37

During the past years, FMC's highest Cyclically Adjusted PB Ratio was 7.63. The lowest was 0.37. And the median was 5.56.

BSP:F1MC34's Cyclically Adjusted PB Ratio is ranked better than
92.67% of 191 companies
in the Agriculture industry
Industry Median: 1.38 vs BSP:F1MC34: 0.37

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.

FMC's adjusted book value per share data for the three months ended in Jun. 2026 was R$33.488. 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 R$74.15 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FMC  (BSP:F1MC34) 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.


FMC Cyclically Adjusted PB Ratio Related Terms


FMC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FMC'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.

FMC Cyclically Adjusted PB Ratio Chart

FMC 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 5.85 5.87 2.69 1.86 0.50

FMC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.52 1.20 0.50 0.61 0.41

BSP:F1MC34 vs UAN, IPI, VRDR: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, FMC'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.


FMC Cyclically Adjusted PB Ratio vs Agriculture Industry

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

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


BSP:F1MC34
48GF Score
FMC Corp BSP:F1MC34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FMC 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.

FMC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.80/74.15
=0.37

* 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.

FMC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, FMC's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=33.488/333.9520*333.9520
=33.488

Current CPI (Jun. 2026) = 333.9520.

FMC Quarterly Data

Book Value per Share CPI Adj_Book
201609 25.331 241.428 35.039
201612 24.557 241.432 33.968
201703 21.907 243.801 30.008
201706 24.715 244.955 33.694
201709 24.735 246.819 33.467
201712 32.891 246.524 44.556
201803 36.402 249.554 48.713
201806 41.962 251.989 55.611
201809 46.476 252.439 61.483
201812 45.813 251.233 60.897
201903 40.272 254.202 52.906
201906 40.847 256.143 53.255
201909 42.099 256.759 54.756
201912 40.247 256.974 52.303
202003 50.494 258.115 65.330
202006 56.507 257.797 73.200
202009 61.270 260.280 78.612
202012 58.899 260.474 75.514
202103 65.775 264.877 82.928
202106 60.770 271.696 74.695
202109 63.127 274.310 76.852
202112 70.277 278.802 84.179
202203 60.439 287.504 70.203
202206 62.285 296.311 70.197
202209 66.358 296.808 74.662
202212 70.811 296.797 79.676
202303 72.287 301.836 79.978
202306 65.237 305.109 71.404
202309 65.137 307.789 70.674
202312 86.616 306.746 94.298
202403 86.007 312.332 91.961
202406 98.368 314.175 104.560
202409 102.203 315.301 108.249
202412 109.652 315.605 116.026
202503 101.002 319.799 105.472
202506 97.609 322.561 101.056
202509 81.007 324.800 83.290
202512 45.230 324.054 46.612
202603 38.102 330.213 38.533
202606 33.488 333.952 33.488

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 0.37 mean?
FMC (BSP:F1MC34) has a Cyclically Adjusted PB Ratio of 0.37 as of Aug. 07, 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 FMC and its competitors. This is 93% below median its historical median of 5.56. Over the past decade, FMC's Cyclically Adjusted PB Ratio has ranged from 0.37 to 7.63. According to the industry distribution chart, FMC ranks #14 out of 191 companies in the Agriculture industry, placing it in the top 7.3%.
Is FMC's Cyclically Adjusted PB Ratio too high?
FMC's current Cyclically Adjusted PB Ratio of 0.37 is 93% below median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 7.63. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.38. FMC's value of 0.37 is 73.2% below this industry median. Based on the distribution chart, FMC ranks #14 out of 191 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, FMC has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FMC's Cyclically Adjusted PB Ratio compare to UAN and IPI?
According to the Agriculture industry distribution chart, FMC ranks #14 out of 191 companies for Cyclically Adjusted PB Ratio. This places FMC in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.38. FMC's value of 0.37 is 73.2% below this benchmark. Historically, FMC's own Cyclically Adjusted PB Ratio has ranged from 0.37 to 7.63 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 1.38, FMC 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 PB Ratio for an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.38, based on 191 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. FMC's current Cyclically Adjusted PB Ratio of 0.37 is 73.2% 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 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 FMC and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FMC's current Cyclically Adjusted PB Ratio is 0.37, which is 93% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FMC stock overvalued right now?
Based on GuruFocus' analysis, FMC (BSP:F1MC34) is currently considered Possible Value Trap. The stock's GF Value™ is R$91.54, compared to a current price of R$27.80 — trading 69.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.37, which is 93% below median its 10-year median of 5.56 and 73.2% below the Agriculture industry median of 1.38. FMC's overall GF Score™ is 48/100 with 7 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 FMC (BSP:F1MC34), the current Cyclically Adjusted PB Ratio is 0.37 as of Aug. 07, 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 FMC (BSP:F1MC34) Overvalued in 2026?

Based on GuruFocus' analysis, FMC stock appears to be undervalued. The current stock price of R$27.80 is trading 69.6% below its estimated GF Value™ of R$91.54. GuruFocus considers FMC to be Possible Value Trap.

Key valuation signals for BSP:F1MC34:

  • Cyclically Adjusted PB Ratio: 0.37 (93% below median its 10-year median of 5.56)
  • GF Value™: R$91.54 vs. price of R$27.80 (69.6% below fair value)
  • GF Score™: 48/100 with 7 warning signs
  • Industry Position: 73.2% below the Agriculture median (#14 of 191)

No single metric tells the full story. See the BSP:F1MC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FMC Business Description

Address 2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
48GF Score

Get the complete analysis for BSP:F1MC34

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

R$27.80
Price
R$91.54
GF Value