Basf SE (BUE:BAS GR) Cyclically Adjusted PB Ratio: 0.99 (As of Aug. 09, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BUE:BAS GR Basf SE BUE:BAS GR
77 GF Score
Price ARS7,253.00
GF Value ARS6,278.42
! 9 Warning Signs
View Full Analysis

What is Basf SE Cyclically Adjusted PB Ratio?

Basf SE BUE:BAS GR 77 Cyclically Adjusted PB Ratio is 0.99 as of Aug. 09, 2026, which is 35% below its 10-year median of 1.53. GuruFocus rates BUE:BAS GR with a GF Score™ of 77/100 and a GF Value™ of ARS6,278.42. The stock has 9 warning signs investors should review. Among 1,227 Chemicals companies, Basf SE ranks better than 66.34% on this metric.

As of today (2026-08-09), Basf SE's current share price is ARS7253.00. Basf SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ARS7,296.41. Basf SE's Cyclically Adjusted PB Ratio for today is 0.99.

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

BUE:BAS GR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.53   Max: 3.39
Current: 1.09

During the past years, Basf SE's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 0.88. And the median was 1.53.

BUE:BAS GR's Cyclically Adjusted PB Ratio is ranked better than
66.34% of 1227 companies
in the Chemicals industry
Industry Median: 1.67 vs BUE:BAS GR: 1.09

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.

Basf SE's adjusted book value per share data for the three months ended in Jun. 2026 was ARS35,994.400. 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 ARS7,296.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Basf SE  (BUE:BAS GR) 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.


Basf SE Cyclically Adjusted PB Ratio Related Terms


Basf SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Basf 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.

Basf SE Cyclically Adjusted PB Ratio Chart

Basf 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 1.64 1.10 1.10 0.92 0.96

Basf SE 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 0.90 0.91 0.96 1.12 0.99

BUE:BAS GR vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Basf 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.


Basf SE Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


BUE:BAS GR
77GF Score
Basf SE BUE:BAS GR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Basf 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7253.00/7296.41
=0.99

* 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.

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

For example, Basf SE'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)
=35994.4/131.3638*131.3638
=35,994.400

Current CPI (Jun. 2026) = 131.3638.

Basf SE Quarterly Data

Book Value per Share CPI Adj_Book
201609 264.673 101.017 344.185
201612 289.543 101.217 375.782
201703 302.720 101.417 392.109
201706 319.031 102.117 410.403
201709 369.218 102.717 472.189
201712 416.251 102.617 532.858
201803 478.740 102.917 611.065
201806 545.705 104.017 689.173
201809 834.029 104.718 1,046.255
201812 818.557 104.217 1,031.774
201903 881.872 104.217 1,111.581
201906 1,099.505 105.718 1,366.236
201909 1,357.582 106.018 1,682.145
201912 1,500.322 105.818 1,862.526
202003 1,587.607 105.718 1,972.747
202006 1,578.483 106.618 1,944.849
202009 1,615.254 105.818 2,005.204
202012 1,817.764 105.518 2,263.020
202103 2,232.438 107.518 2,727.560
202106 2,316.441 108.486 2,804.943
202109 2,466.835 109.435 2,961.152
202112 2,534.026 110.384 3,015.662
202203 2,648.322 113.968 3,052.553
202206 3,176.317 115.760 3,604.454
202209 3,663.624 118.818 4,050.467
202212 3,931.275 119.345 4,327.183
202303 4,816.657 122.402 5,169.297
202306 5,534.319 123.140 5,903.905
202309 8,131.603 124.195 8,601.004
202312 7,780.018 123.773 8,257.161
202403 19,067.364 125.038 20,031.985
202406 19,082.296 125.882 19,913.354
202409 20,529.138 126.198 21,369.513
202412 21,091.471 127.041 21,809.112
202503 23,297.447 127.779 23,951.012
202506 24,821.970 128.412 25,392.591
202509 29,253.133 129.255 29,730.353
202512 31,605.780 129.361 32,095.208
202603 31,333.155 131.258 31,358.339
202606 35,994.400 131.364 35,994.400

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 0.99 mean?
Basf SE (BUE:BAS GR) has a Cyclically Adjusted PB Ratio of 0.99 as of Aug. 09, 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 Basf SE and its competitors. This is 35% below median its historical median of 1.53. Over the past decade, Basf SE's Cyclically Adjusted PB Ratio has ranged from 0.88 to 3.39. According to the industry distribution chart, Basf SE ranks #413 out of 1227 companies in the Chemicals industry, placing it in the top 33.7%.
Is Basf SE's Cyclically Adjusted PB Ratio too high?
Basf SE's current Cyclically Adjusted PB Ratio of 0.99 is 35% below median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 3.39. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Basf SE's value of 0.99 is 40.7% below this industry median. Based on the distribution chart, Basf SE ranks #413 out of 1227 companies in the Chemicals industry, which is above the industry midpoint. Overall, Basf SE has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Basf SE's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Basf SE ranks #413 out of 1227 companies for Cyclically Adjusted PB Ratio. This puts Basf SE in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Basf SE's value of 0.99 is 40.7% below this benchmark. Historically, Basf SE's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 3.39 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.67, Basf SE 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 a Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,227 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. Basf SE's current Cyclically Adjusted PB Ratio of 0.99 is 40.7% 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 Basf 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. Basf SE's current Cyclically Adjusted PB Ratio is 0.99, which is 35% below median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Basf SE stock overvalued right now?
Basf SE (BUE:BAS GR) has a current Cyclically Adjusted PB Ratio of 0.99. The stock's GF Value™ is ARS6,278.42, compared to a current price of ARS7,253.00 — trading 15.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.99, which is 35% below median its 10-year median of 1.53 and 40.7% below the Chemicals industry median of 1.67. Basf SE's overall GF Score™ is 77/100 with 9 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 Basf SE (BUE:BAS GR), the current Cyclically Adjusted PB Ratio is 0.99 as of Aug. 09, 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 Basf SE (BUE:BAS GR) Overvalued in 2026?

Based on GuruFocus' analysis, Basf SE stock appears to be overvalued. The current stock price of ARS7,253.00 is trading 15.5% above its estimated GF Value™ of ARS6,278.42.

Key valuation signals for BUE:BAS GR:

  • Cyclically Adjusted PB Ratio: 0.99 (35% below median its 10-year median of 1.53)
  • GF Value™: ARS6,278.42 vs. price of ARS7,253.00 (15.5% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 40.7% below the Chemicals median (#413 of 1227)

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


Basf SE Business Description

Address Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, DEU, 67056
BASF is one of the world's leading chemical companies. It's headquartered in Germany near the Rhine River, which helps with logistics-related savings. Founded in 1865, it produces a vast array of chemicals, plastics, resins, and agricultural solutions. While the company serves multiple industries, it most prominently serves the automotive, agricultural, construction, and pharmaceutical industries. BASF is a first mover in the energy transition and aims to rapidly expand its recycled and bio-based product portfolio.
77GF Score

Get the complete analysis for BUE:BAS GR

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

ARS7,253.00
Price
ARS6,278.42
GF Value