Bic (CHIX:BBP) Cyclically Adjusted PB Ratio: 1.46 (As of Jul. 22, 2026) — Near 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.

CHIX:BBP Bic CHIX:BBP
77 GF Score
Price €61.35
GF Value €55.66
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Bic Cyclically Adjusted PB Ratio?

Bic CHIX:BBP 77 Cyclically Adjusted PB Ratio is 1.46 as of Jul. 22, 2026, which is 5% below its 10-year median of 1.53. GuruFocus rates CHIX:BBP with a GF Score™ of 77/100 and a GF Value™ of €55.66 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,441 Consumer Packaged Goods companies, Bic ranks worse than 54.2% on this metric.

As of today (2026-07-22), Bic's current share price is €61.35. Bic's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was €42.01. Bic's Cyclically Adjusted PB Ratio for today is 1.46.

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

CHIX:BBp' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.53   Max: 4.43
Current: 1.42

During the past 13 years, Bic's highest Cyclically Adjusted PB Ratio was 4.43. The lowest was 1.09. And the median was 1.53.

CHIX:BBp's Cyclically Adjusted PB Ratio is ranked worse than
54.2% of 1441 companies
in the Consumer Packaged Goods industry
Industry Median: 1.27 vs CHIX:BBp: 1.42

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.

Bic's adjusted book value per share data of for the fiscal year that ended in Dec25 was €40.922. 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 €42.01 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bic  (CHIX:BBp) 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.


Bic Cyclically Adjusted PB Ratio Related Terms


Bic Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bic'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.

Bic Cyclically Adjusted PB Ratio Chart

Bic 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 1.27 1.59 1.48 1.48 1.20

Bic 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 1.48 1.42 1.48 0.00 1.20

CHIX:BBP vs PG, CL, KVUE: Cyclically Adjusted PB Ratio Comparison

For the Household & Personal Products subindustry, Bic'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.


Bic Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:BBP
77GF Score
Bic CHIX:BBP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=61.35/42.01
=1.46

* 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.

Bic's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Bic'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)
=40.922/120.9000*120.9000
=40.922

Current CPI (Dec25) = 120.9000.

Bic Annual Data

Book Value per Share CPI Adj_Book
201612 38.399 100.650 46.125
201712 37.119 101.850 44.062
201812 35.832 103.470 41.868
201912 35.742 104.980 41.162
202012 32.377 104.960 37.294
202112 38.812 107.850 43.508
202212 42.861 114.160 45.392
202312 44.157 118.390 45.093
202412 43.535 119.950 43.880
202512 40.922 120.900 40.922

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 1.46 mean?
Bic (CHIX:BBP) has a Cyclically Adjusted PB Ratio of 1.46 as of Jul. 22, 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 Bic and its competitors. This is near median its historical median of 1.53. Over the past decade, Bic's Cyclically Adjusted PB Ratio has ranged from 1.09 to 4.43. According to the industry distribution chart, Bic ranks #781 out of 1441 companies in the Consumer Packaged Goods industry, placing it in the top 54.2%.
Is Bic's Cyclically Adjusted PB Ratio too high?
Bic's current Cyclically Adjusted PB Ratio of 1.46 is near median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 4.43. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.27. Bic's value of 1.46 is 15% above this industry median. Based on the distribution chart, Bic ranks #781 out of 1441 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Bic has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bic's Cyclically Adjusted PB Ratio compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Bic ranks #781 out of 1441 companies for Cyclically Adjusted PB Ratio. This places Bic in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Bic's value of 1.46 is 15% above this benchmark. Historically, Bic's own Cyclically Adjusted PB Ratio has ranged from 1.09 to 4.43 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 1.27, Bic 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.27, based on 1,441 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. Bic's current Cyclically Adjusted PB Ratio of 1.46 is 15% 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 Bic and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bic's current Cyclically Adjusted PB Ratio is 1.46, which is near 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 Bic stock overvalued right now?
Based on GuruFocus' analysis, Bic (CHIX:BBP) is currently considered Fairly Valued. The stock's GF Value™ is €55.66, compared to a current price of €61.35 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.46, which is near median its 10-year median of 1.53 and 15% above the Consumer Packaged Goods industry median of 1.27. Bic's overall GF Score™ is 77/100 with 8 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 Bic (CHIX:BBP), the current Cyclically Adjusted PB Ratio is 1.46 as of Jul. 22, 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 Bic (CHIX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Bic stock appears to be overvalued. The current stock price of €61.35 is trading 10.2% above its estimated GF Value™ of €55.66. GuruFocus considers Bic to be Fairly Valued.

Key valuation signals for CHIX:BBP:

  • Cyclically Adjusted PB Ratio: 1.46 (near median its 10-year median of 1.53)
  • GF Value™: €55.66 vs. price of €61.35 (10.2% above fair value)
  • GF Score™: 77/100 with 8 warning signs
  • Industry Position: 15% above the Consumer Packaged Goods median (#781 of 1441)

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


Bic Business Description

Address 12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110
Bic manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash, and e-commerce. Its products include BIC 3, BIC Comfort 3, BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. The company generates majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa, and Asia.
77GF Score

Get the complete analysis for CHIX:BBP

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

€61.35
Price
€55.66
GF Value