Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Cyclically Adjusted PB Ratio: 1.06 (As of Jul. 08, 2026) — 41% Below Median


CAS:SNP Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
51 GF Score
Price MAD325.00
GF Value MAD473.58
Valuation Possible Value Trap
! 4 Warning Signs
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What is Societe Nationale d'Electrolyse et de Petrochimie Cyclically Adjusted PB Ratio?

Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP -1.52% 51 Cyclically Adjusted PB Ratio is 1.06 as of Jul. 08, 2026, which is 41% below its 10-year median of 1.80. GuruFocus rates CAS:SNP with a GF Scoreâ„¢ of 51/100 and a GF Valueâ„¢ of MAD473.58 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,283 Chemicals companies, Societe Nationale d'Electrolyse et de Petrochimie ranks better than 67.03% on this metric.

As of today (2026-07-08), Societe Nationale d'Electrolyse et de Petrochimie's current share price is MAD325.00. Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was MAD305.51. Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio for today is 1.06.

The historical rank and industry rank for Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAS:SNP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.8   Max: 2.49
Current: 1.08

During the past 13 years, Societe Nationale d'Electrolyse et de Petrochimie's highest Cyclically Adjusted PB Ratio was 2.49. The lowest was 1.08. And the median was 1.80.

CAS:SNP's Cyclically Adjusted PB Ratio is ranked better than
67.03% of 1283 companies
in the Chemicals industry
Industry Median: 1.78 vs CAS:SNP: 1.08

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.

Societe Nationale d'Electrolyse et de Petrochimie's adjusted book value per share data of for the fiscal year that ended in Dec25 was MAD202.938. 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 MAD305.51 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Societe Nationale d'Electrolyse et de Petrochimie  (CAS:SNP) 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.


Societe Nationale d'Electrolyse et de Petrochimie Cyclically Adjusted PB Ratio Related Terms


Societe Nationale d'Electrolyse et de Petrochimie Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Cyclically Adjusted PB Ratio Chart

Societe Nationale d'Electrolyse et de Petrochimie 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 0.00 2.20 1.68 1.97 1.57

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.68 0.00 1.97 0.00 1.57

CAS:SNP vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.


Societe Nationale d'Electrolyse et de Petrochimie Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio falls into.


CAS:SNP
51GF Score
Societe Nationale d'Electrolyse et de Petrochimie CAS:SNP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Societe Nationale d'Electrolyse et de Petrochimie 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.

Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=325.00/305.51
=1.06

* 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.

Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Societe Nationale d'Electrolyse et de Petrochimie's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=202.938/324.0540*324.0540
=202.938

Current CPI (Dec25) = 324.0540.

Societe Nationale d'Electrolyse et de Petrochimie Annual Data

Book Value per Share CPI Adj_Book
201612 195.993 241.432 263.065
201712 223.154 246.524 293.334
201812 232.817 251.233 300.300
201912 246.532 256.974 310.886
202012 279.978 260.474 348.319
202112 317.547 278.802 369.088
202212 333.782 296.797 364.436
202312 298.353 306.746 315.187
202412 280.098 315.605 287.596
202512 202.938 324.054 202.938

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 1.06 mean?
Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) has a Cyclically Adjusted PB Ratio of 1.06 as of Jul. 08, 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 Societe Nationale d'Electrolyse et de Petrochimie and its competitors. This is 41% below median its historical median of 1.80. Over the past decade, Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio has ranged from 1.08 to 2.49. According to the industry distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #423 out of 1283 companies in the Chemicals industry, placing it in the top 33%.
Is Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio too high?
Societe Nationale d'Electrolyse et de Petrochimie's current Cyclically Adjusted PB Ratio of 1.06 is 41% below median its 10-year median of 1.80. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 2.49. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.78. Societe Nationale d'Electrolyse et de Petrochimie's value of 1.06 is 40.4% below this industry median. Based on the distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #423 out of 1283 companies in the Chemicals industry, which is above the industry midpoint. Overall, Societe Nationale d'Electrolyse et de Petrochimie has a GF Scoreâ„¢ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Societe Nationale d'Electrolyse et de Petrochimie's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Societe Nationale d'Electrolyse et de Petrochimie ranks #423 out of 1283 companies for Cyclically Adjusted PB Ratio. This puts Societe Nationale d'Electrolyse et de Petrochimie in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. Societe Nationale d'Electrolyse et de Petrochimie's value of 1.06 is 40.4% below this benchmark. Historically, Societe Nationale d'Electrolyse et de Petrochimie's own Cyclically Adjusted PB Ratio has ranged from 1.08 to 2.49 over the past decade. While the company's 10-year median is 1.80 vs. the industry median of 1.78, Societe Nationale d'Electrolyse et de Petrochimie 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 1.78, based on 1,283 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. Societe Nationale d'Electrolyse et de Petrochimie's current Cyclically Adjusted PB Ratio of 1.06 is 40.4% 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 Societe Nationale d'Electrolyse et de Petrochimie and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Societe Nationale d'Electrolyse et de Petrochimie's current Cyclically Adjusted PB Ratio is 1.06, which is 41% below median its own 10-year median of 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Nationale d'Electrolyse et de Petrochimie stock overvalued right now?
Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) is currently considered Possible Value Trap. The stock's GF Value™ is MAD473.58, compared to a current price of MAD325.00 — trading 31.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 41% below median its 10-year median of 1.80 and 40.4% below the Chemicals industry median of 1.78. Societe Nationale d'Electrolyse et de Petrochimie's overall GF Score™ is 51/100 with 4 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP), the current Cyclically Adjusted PB Ratio is 1.06 as of Jul. 08, 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 Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Nationale d'Electrolyse et de Petrochimie stock appears to be undervalued. The current stock price of MAD325.00 is trading 31.4% below its estimated GF Value™ of MAD473.58. GuruFocus considers Societe Nationale d'Electrolyse et de Petrochimie to be Possible Value Trap.

Key valuation signals for CAS:SNP:

  • Cyclically Adjusted PB Ratio: 1.06 (41% below median its 10-year median of 1.80)
  • GF Value™: MAD473.58 vs. price of MAD325.00 (31.4% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 40.4% below the Chemicals median (#423 of 1283)

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


Societe Nationale d'Electrolyse et de Petrochimie Business Description

Address Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.
51GF Score

Get the complete analysis for CAS:SNP

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

MAD325.00
Price
MAD473.58
GF Value