ESI (Element Solutions) Cyclically Adjusted PB Ratio: 3.14 (As of Jul. 30, 2026) — 51% Above Median

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ESI Element Solutions Inc ESI
82 GF Score
Price $36.18
GF Value $33.82
Valuation Fairly Valued
! 2 Warning Signs
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What is Element Solutions Cyclically Adjusted PB Ratio?

Element Solutions ESI +4.00% 82 Cyclically Adjusted PB Ratio is 3.14 as of Jul. 30, 2026, which is 51% above its 10-year median of 2.08. GuruFocus rates ESI with a GF Score™ of 82/100 and a GF Value™ of $33.82 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,258 Chemicals companies, Element Solutions ranks worse than 73.77% on this metric.

As of today (2026-07-30), Element Solutions's current share price is $36.18. Element Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $11.52. Element Solutions's Cyclically Adjusted PB Ratio for today is 3.14.

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

ESI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.08   Max: 4.01
Current: 3.02

During the past years, Element Solutions's highest Cyclically Adjusted PB Ratio was 4.01. The lowest was 1.45. And the median was 2.08.

ESI's Cyclically Adjusted PB Ratio is ranked worse than
73.77% of 1258 companies
in the Chemicals industry
Industry Median: 1.64 vs ESI: 3.02

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.

Element Solutions's adjusted book value per share data for the three months ended in Jun. 2026 was $11.544. 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 $11.52 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Element Solutions  (NYSE:ESI) 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.


Element Solutions Cyclically Adjusted PB Ratio Related Terms


Element Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Element Solutions'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.

Element Solutions Cyclically Adjusted PB Ratio Chart

Element Solutions 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 1.59 2.00 2.24 2.21

Element Solutions 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 1.99 2.21 2.21 2.98 4.15

ESI vs WLK, SOLS, EMN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Element Solutions'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.


Element Solutions Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


ESI
82GF Score
Element Solutions Inc ESI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Element Solutions 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.

Element Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.18/11.52
=3.14

* 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.

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

For example, Element Solutions'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)
=11.544/333.9520*333.9520
=11.544

Current CPI (Jun. 2026) = 333.9520.

Element Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.373 241.428 14.348
201612 9.627 241.432 13.316
201703 10.175 243.801 13.937
201706 9.859 244.955 13.441
201709 10.068 246.819 13.622
201712 9.545 246.524 12.930
201803 9.913 249.554 13.266
201806 8.787 251.989 11.645
201809 7.097 252.439 9.389
201812 7.298 251.233 9.701
201903 8.764 254.202 11.514
201906 8.701 256.143 11.344
201909 8.451 256.759 10.992
201912 8.880 256.974 11.540
202003 8.617 258.115 11.149
202006 8.670 257.797 11.231
202009 9.025 260.280 11.580
202012 9.388 260.474 12.036
202103 9.493 264.877 11.969
202106 9.976 271.696 12.262
202109 10.019 274.310 12.197
202112 10.056 278.802 12.045
202203 10.068 287.504 11.695
202206 9.757 296.311 10.996
202209 9.424 296.808 10.603
202212 9.686 296.797 10.899
202303 9.754 301.836 10.792
202306 9.539 305.109 10.441
202309 9.231 307.789 10.016
202312 9.638 306.746 10.493
202403 9.602 312.332 10.267
202406 9.800 314.175 10.417
202409 10.074 315.301 10.670
202412 9.840 315.605 10.412
202503 10.391 319.799 10.851
202506 10.869 322.561 11.253
202509 10.966 324.800 11.275
202512 10.979 324.054 11.314
202603 11.227 330.213 11.354
202606 11.544 333.952 11.544

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 3.14 mean?
Element Solutions (ESI) has a Cyclically Adjusted PB Ratio of 3.14 as of Jul. 30, 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 Element Solutions and its competitors. This is 51% above median its historical median of 2.08. Over the past decade, Element Solutions' Cyclically Adjusted PB Ratio has ranged from 1.45 to 4.01. According to the industry distribution chart, Element Solutions ranks #928 out of 1258 companies in the Chemicals industry, placing it in the top 73.8%.
Is Element Solutions' Cyclically Adjusted PB Ratio too high?
Element Solutions' current Cyclically Adjusted PB Ratio of 3.14 is 51% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 4.01. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.64. Element Solutions' value of 3.14 is 91.5% above this industry median. Based on the distribution chart, Element Solutions ranks #928 out of 1258 companies in the Chemicals industry, which is below the industry midpoint. Overall, Element Solutions has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Element Solutions' Cyclically Adjusted PB Ratio compare to WLK and SOLS?
According to the Chemicals industry distribution chart, Element Solutions ranks #928 out of 1258 companies for Cyclically Adjusted PB Ratio. This places Element Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Element Solutions' value of 3.14 is 91.5% above this benchmark. Historically, Element Solutions' own Cyclically Adjusted PB Ratio has ranged from 1.45 to 4.01 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.64, Element Solutions 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 1.64, based on 1,258 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. Element Solutions's current Cyclically Adjusted PB Ratio of 3.14 is 91.5% 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 Element Solutions and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Element Solutions's current Cyclically Adjusted PB Ratio is 3.14, which is 51% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Element Solutions stock overvalued right now?
Based on GuruFocus' analysis, Element Solutions (ESI) is currently considered Fairly Valued. The stock's GF Value™ is $33.82, compared to a current price of $36.18 — trading 7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.14, which is 51% above median its 10-year median of 2.08 and 91.5% above the Chemicals industry median of 1.64. Element Solutions' overall GF Score™ is 82/100 with 2 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 Element Solutions (ESI), the current Cyclically Adjusted PB Ratio is 3.14 as of Jul. 30, 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 Element Solutions (ESI) Overvalued in 2026?

Based on GuruFocus' analysis, Element Solutions stock appears to be overvalued. The current stock price of $36.18 is trading 7% above its estimated GF Value™ of $33.82. GuruFocus considers Element Solutions to be Fairly Valued.

Key valuation signals for ESI:

  • Cyclically Adjusted PB Ratio: 3.14 (51% above median its 10-year median of 2.08)
  • GF Value™: $33.82 vs. price of $36.18 (7% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 91.5% above the Chemicals median (#928 of 1258)

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


Element Solutions Business Description

Other Exchanges PLQ:Germany
Address 500 South Pointe Drive, Suite 200, Fort Lauderdale, FL, USA, 33394
Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company's reportable segments are Electronics and Industrial & Specialty. The Electronics segment, which generates maximum revenue, researches, formulates, and sells specialty chemicals and process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging. This segment's wet chemicals for metallization, surface treatments, and solderable finishes form the physical circuitry pathways, and its assembly materials, such as solder, pastes, fluxes, and adhesives, join those pathways together.
82GF Score

Get the complete analysis for ESI

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

$36.18
Price
$33.82
GF Value