Cabot (CBT) Cyclically Adjusted PB Ratio: 3.45 (As of Aug. 20, 2026) — 38% Above Median

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CBT Cabot Corp CBT
81 GF Score
Price $84.93
GF Value $80.60
Valuation Fairly Valued
! 6 Warning Signs
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What is Cabot Cyclically Adjusted PB Ratio?

Cabot CBT -0.29% 81 Cyclically Adjusted PB Ratio is 3.45 as of Aug. 20, 2026, which is 38% above its 10-year median of 2.50. GuruFocus rates CBT with a GF Score™ of 81/100 and a GF Value™ of $80.60 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,175 Chemicals companies, Cabot ranks worse than 75.4% on this metric.

As of today (2026-08-20), Cabot's current share price is $84.93. Cabot's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $24.60. Cabot's Cyclically Adjusted PB Ratio for today is 3.45.

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

CBT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 2.5   Max: 4.9
Current: 3.46

During the past years, Cabot's highest Cyclically Adjusted PB Ratio was 4.90. The lowest was 0.83. And the median was 2.50.

CBT's Cyclically Adjusted PB Ratio is ranked worse than
75.4% of 1175 companies
in the Chemicals industry
Industry Median: 1.67 vs CBT: 3.46

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.

Cabot's adjusted book value per share data for the three months ended in Jun. 2026 was $31.086. 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 $24.60 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cabot  (NYSE:CBT) 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.


Cabot Cyclically Adjusted PB Ratio Related Terms


Cabot Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cabot'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.

Cabot Cyclically Adjusted PB Ratio Chart

Cabot Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.51 2.82 4.76 3.21

Cabot 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 3.20 3.21 2.79 3.10 3.69

CBT vs BCPC, SXT, PRM: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Cabot'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.


Cabot Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


CBT
81GF Score
Cabot Corp CBT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cabot 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=84.93/24.60
=3.45

* 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.

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

For example, Cabot'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)
=31.086/333.9520*333.9520
=31.086

Current CPI (Jun. 2026) = 333.9520.

Cabot Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.479 241.428 28.327
201612 19.073 241.432 26.382
201703 20.890 243.801 28.615
201706 22.064 244.955 30.080
201709 24.304 246.819 32.884
201712 21.813 246.524 29.549
201803 19.670 249.554 26.322
201806 18.827 251.989 24.951
201809 19.116 252.439 25.289
201812 19.207 251.233 25.531
201903 18.888 254.202 24.814
201906 18.906 256.143 24.649
201909 17.484 256.759 22.740
201912 18.127 256.974 23.557
202003 16.388 258.115 21.203
202006 16.472 257.797 21.338
202009 12.237 260.280 15.701
202012 14.539 260.474 18.640
202103 14.323 264.877 18.058
202106 16.836 271.696 20.694
202109 16.694 274.310 20.324
202112 14.033 278.802 16.809
202203 16.267 287.504 18.895
202206 15.897 296.311 17.916
202209 15.965 296.808 17.963
202212 17.917 296.797 20.160
202303 19.574 301.836 21.657
202306 20.219 305.109 22.130
202309 22.880 307.789 24.825
202312 23.978 306.746 26.105
202403 24.738 312.332 26.450
202406 24.554 314.175 26.100
202409 26.245 315.301 27.797
202412 25.196 315.605 26.661
202503 26.573 319.799 27.749
202506 28.965 322.561 29.988
202509 29.333 324.800 30.160
202512 30.163 324.054 31.084
202603 30.399 330.213 30.743
202606 31.086 333.952 31.086

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 3.45 mean?
Cabot (CBT) has a Cyclically Adjusted PB Ratio of 3.45 as of Aug. 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 Cabot and its competitors. This is 38% above median its historical median of 2.50. Over the past decade, Cabot's Cyclically Adjusted PB Ratio has ranged from 0.83 to 4.90. According to the industry distribution chart, Cabot ranks #886 out of 1175 companies in the Chemicals industry, placing it in the top 75.4%.
Is Cabot's Cyclically Adjusted PB Ratio too high?
Cabot's current Cyclically Adjusted PB Ratio of 3.45 is 38% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 4.90. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Cabot's value of 3.45 is 106.6% above this industry median. Based on the distribution chart, Cabot ranks #886 out of 1175 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Cabot has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cabot's Cyclically Adjusted PB Ratio compare to BCPC and SXT?
According to the Chemicals industry distribution chart, Cabot ranks #886 out of 1175 companies for Cyclically Adjusted PB Ratio. This places Cabot in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Cabot's value of 3.45 is 106.6% above this benchmark. Historically, Cabot's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 4.90 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.67, Cabot 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 1,175 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. Cabot's current Cyclically Adjusted PB Ratio of 3.45 is 106.6% 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 Cabot 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. Cabot's current Cyclically Adjusted PB Ratio is 3.45, which is 38% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cabot stock overvalued right now?
Based on GuruFocus' analysis, Cabot (CBT) is currently considered Fairly Valued. The stock's GF Value™ is $80.60, compared to a current price of $84.93 — trading 5.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.45, which is 38% above median its 10-year median of 2.50 and 106.6% above the Chemicals industry median of 1.67. Cabot's overall GF Score™ is 81/100 with 6 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 Cabot (CBT), the current Cyclically Adjusted PB Ratio is 3.45 as of Aug. 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 Cabot (CBT) Overvalued in 2026?

Based on GuruFocus' analysis, Cabot stock appears to be overvalued. The current stock price of $84.93 is trading 5.4% above its estimated GF Value™ of $80.60. GuruFocus considers Cabot to be Fairly Valued.

Key valuation signals for CBT:

  • Cyclically Adjusted PB Ratio: 3.45 (38% above median its 10-year median of 2.50)
  • GF Value™: $80.60 vs. price of $84.93 (5.4% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 106.6% above the Chemicals median (#886 of 1175)

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


Cabot Business Description

Other Exchanges CBT:Germany
Address Two Seaport Lane, Suite 1400, Boston, MA, USA, 02210
Cabot Corp manufactures and sells a variety of chemicals, materials, and chemical-based products. The company organizes itself into the following operating segments based on the product type; the Reinforcement Materials segment which generates maximum revenue provides reinforcing carbon products used in tires, and industrial products such as hoses, belts, extruded profiles, and molded goods; and the Performance Chemicals segment aggregates the specialty carbons, specialty compounds, fumed metal oxides, battery materials, inkjet colorants, and aerogel product lines. Geographically, the company derives maximum revenue from its customers in Europe, the Middle East, and Africa and the rest from the Americas and Asia Pacific region.
81GF Score

Get the complete analysis for CBT

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

$84.93
Price
$80.60
GF Value