Stepan Co (FRA:96S) Cyclically Adjusted PB Ratio: 1.25 (As of Aug. 02, 2026) — 62% Below Median

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FRA:96S Stepan Co FRA:96S
79 GF Score
Price €56.50
GF Value €62.76
! 10 Warning Signs
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What is Stepan Co Cyclically Adjusted PB Ratio?

Stepan Co FRA:96S -1.74% 79 Cyclically Adjusted PB Ratio is 1.25 as of Aug. 02, 2026, which is 62% below its 10-year median of 3.25. GuruFocus rates FRA:96S with a GF Score™ of 79/100 and a GF Value™ of €62.76. The stock has 10 warning signs investors should review. Among 1,248 Chemicals companies, Stepan Co ranks better than 60.1% on this metric.

As of today (2026-08-02), Stepan Co's current share price is €56.50. Stepan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €45.16. Stepan Co's Cyclically Adjusted PB Ratio for today is 1.25.

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

FRA:96S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 3.25   Max: 4.41
Current: 1.24

During the past years, Stepan Co's highest Cyclically Adjusted PB Ratio was 4.41. The lowest was 0.87. And the median was 3.25.

FRA:96S's Cyclically Adjusted PB Ratio is ranked better than
60.1% of 1248 companies
in the Chemicals industry
Industry Median: 1.62 vs FRA:96S: 1.24

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.

Stepan Co's adjusted book value per share data for the three months ended in Mar. 2026 was €45.439. 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 €45.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stepan Co  (FRA:96S) 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.


Stepan Co Cyclically Adjusted PB Ratio Related Terms


Stepan Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Stepan Co'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.

Stepan Co Cyclically Adjusted PB Ratio Chart

Stepan Co 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 3.53 2.67 2.17 1.38 0.94

Stepan Co 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 1.12 0.96 0.94 0.97 0.00

FRA:96S vs STDN, ECVT, ODC: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Stepan Co'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.


Stepan Co Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


FRA:96S
79GF Score
Stepan Co FRA:96S
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Stepan Co 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.

Stepan Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.50/45.16
=1.25

* 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.

Stepan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Stepan Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=45.439/330.2130*330.2130
=45.439

Current CPI (Mar. 2026) = 330.2130.

Stepan Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.674 241.018 33.805
201609 25.388 241.428 34.724
201612 26.827 241.432 36.692
201703 28.015 243.801 37.945
201706 27.936 244.955 37.659
201709 27.379 246.819 36.630
201712 27.784 246.524 37.216
201803 27.739 249.554 36.705
201806 28.931 251.989 37.912
201809 29.603 252.439 38.723
201812 31.535 251.233 41.449
201903 32.539 254.202 42.269
201906 33.651 256.143 43.382
201909 34.464 256.759 44.324
201912 35.649 256.974 45.809
202003 34.916 258.115 44.669
202006 35.569 257.797 45.560
202009 35.463 260.280 44.991
202012 36.091 260.474 45.754
202103 37.390 264.877 46.613
202106 38.748 271.696 47.093
202109 40.097 274.310 48.269
202112 42.402 278.802 50.221
202203 45.341 287.504 52.076
202206 47.744 296.311 53.207
202209 51.296 296.808 57.069
202212 49.506 296.797 55.080
202303 49.766 301.836 54.445
202306 50.178 305.109 54.307
202309 50.400 307.789 54.072
202312 49.849 306.746 53.663
202403 49.718 312.332 52.564
202406 49.256 314.175 51.770
202409 48.840 315.301 51.150
202412 49.655 315.605 51.953
202503 49.187 319.799 50.789
202506 47.602 322.561 48.731
202509 46.963 324.800 47.746
202512 46.958 324.054 47.850
202603 45.439 330.213 45.439

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 1.25 mean?
Stepan Co (FRA:96S) has a Cyclically Adjusted PB Ratio of 1.25 as of Aug. 02, 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 Stepan Co and its competitors. This is 62% below median its historical median of 3.25. Over the past decade, Stepan Co's Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.41. According to the industry distribution chart, Stepan Co ranks #498 out of 1248 companies in the Chemicals industry, placing it in the top 39.9%.
Is Stepan Co's Cyclically Adjusted PB Ratio too high?
Stepan Co's current Cyclically Adjusted PB Ratio of 1.25 is 62% below median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 4.41. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.62. Stepan Co's value of 1.25 is 22.8% below this industry median. Based on the distribution chart, Stepan Co ranks #498 out of 1248 companies in the Chemicals industry, which is above the industry midpoint. Overall, Stepan Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Stepan Co's Cyclically Adjusted PB Ratio compare to STDN and ECVT?
According to the Chemicals industry distribution chart, Stepan Co ranks #498 out of 1248 companies for Cyclically Adjusted PB Ratio. This puts Stepan Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Stepan Co's value of 1.25 is 22.8% below this benchmark. Historically, Stepan Co's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 4.41 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 1.62, Stepan Co 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 1.62, based on 1,248 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. Stepan Co's current Cyclically Adjusted PB Ratio of 1.25 is 22.8% 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 Stepan Co and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stepan Co's current Cyclically Adjusted PB Ratio is 1.25, which is 62% below median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stepan Co stock overvalued right now?
Stepan Co (FRA:96S) has a current Cyclically Adjusted PB Ratio of 1.25. The stock's GF Value™ is €62.76, compared to a current price of €56.50 — trading 10% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.25, which is 62% below median its 10-year median of 3.25 and 22.8% below the Chemicals industry median of 1.62. Stepan Co's overall GF Score™ is 79/100 with 10 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 Stepan Co (FRA:96S), the current Cyclically Adjusted PB Ratio is 1.25 as of Aug. 02, 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 Stepan Co (FRA:96S) Overvalued in 2026?

Based on GuruFocus' analysis, Stepan Co stock appears to be undervalued. The current stock price of €56.50 is trading 10% below its estimated GF Value™ of €62.76.

Key valuation signals for FRA:96S:

  • Cyclically Adjusted PB Ratio: 1.25 (62% below median its 10-year median of 3.25)
  • GF Value™: €62.76 vs. price of €56.50 (10% below fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 22.8% below the Chemicals median (#498 of 1248)

No single metric tells the full story. See the FRA:96S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Stepan Co Business Description

Other Exchanges SCL:USA
Address 1101 Skokie Boulevard, Suite 500, Northbrook, IL, USA, 60062
Stepan Co manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on product type. The surfactants segment, which generates the majority of revenue, sells cleaning agents used in detergents, shampoos, body wash, fabric softeners, toothpastes, and other personal-care products. The polymers segment sells polyurethane used to manufacture rigid foam for thermal insulation, as well as phthalic anhydride used to make plastic components for the construction, automotive, and boating industries. The specialty products segment sells chemicals used in food and flavoring. The majority of Stepan's revenue comes from the United States, followed by France, Poland, the United Kingdom, Brazil, Mexico, and other countries.
79GF Score

Get the complete analysis for FRA:96S

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

€56.50
Price
€62.76
GF Value