PCC Exol (FRA:9B2) Cyclically Adjusted PB Ratio: 0.79 (As of Jul. 26, 2026) — 40% Below Median

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FRA:9B2 PCC Exol SA FRA:9B2
73 GF Score
Price €0.45
GF Value €0.62
! 8 Warning Signs
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What is PCC Exol Cyclically Adjusted PB Ratio?

PCC Exol FRA:9B2 +6.64% 73 Cyclically Adjusted PB Ratio is 0.79 as of Jul. 26, 2026, which is 40% below its 10-year median of 1.32. GuruFocus rates FRA:9B2 with a GF Score™ of 73/100 and a GF Value™ of €0.62. The stock has 8 warning signs investors should review. Among 1,271 Chemicals companies, PCC Exol ranks better than 76.63% on this metric.

As of today (2026-07-26), PCC Exol's current share price is €0.45. PCC Exol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.57. PCC Exol's Cyclically Adjusted PB Ratio for today is 0.79.

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

FRA:9B2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.32   Max: 2.15
Current: 0.81

During the past years, PCC Exol's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.73. And the median was 1.32.

FRA:9B2's Cyclically Adjusted PB Ratio is ranked better than
76.63% of 1271 companies
in the Chemicals industry
Industry Median: 1.64 vs FRA:9B2: 0.81

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.

PCC Exol's adjusted book value per share data for the three months ended in Mar. 2026 was €0.676. 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 €0.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCC Exol  (FRA:9B2) 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.


PCC Exol Cyclically Adjusted PB Ratio Related Terms


PCC Exol Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PCC Exol'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.

PCC Exol Cyclically Adjusted PB Ratio Chart

PCC Exol 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 1.50 1.58 1.33 0.93 0.88

PCC Exol Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.96 1.10 1.07 0.88 0.78

FRA:9B2 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, PCC Exol'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.


PCC Exol Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


FRA:9B2
73GF Score
PCC Exol SA FRA:9B2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCC Exol 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.

PCC Exol's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.45/0.57
=0.79

* 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.

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

For example, PCC Exol'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)
=0.676/163.0700*163.0700
=0.676

Current CPI (Mar. 2026) = 163.0700.

PCC Exol Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.324 99.552 0.531
201609 0.328 99.064 0.540
201612 0.340 100.366 0.552
201703 0.341 101.018 0.550
201706 0.313 101.180 0.504
201709 0.321 101.343 0.517
201712 0.322 102.564 0.512
201803 0.326 102.564 0.518
201806 0.319 103.378 0.503
201809 0.327 103.378 0.516
201812 0.333 103.785 0.523
201903 0.333 104.274 0.521
201906 0.336 105.983 0.517
201909 0.350 105.983 0.539
201912 0.352 107.123 0.536
202003 0.375 109.076 0.561
202006 0.374 109.402 0.557
202009 0.384 109.320 0.573
202012 0.395 109.565 0.588
202103 0.412 112.658 0.596
202106 0.384 113.960 0.549
202109 0.405 115.588 0.571
202112 0.436 119.088 0.597
202203 0.489 125.031 0.638
202206 0.512 131.705 0.634
202209 0.557 135.531 0.670
202212 0.570 139.113 0.668
202303 0.595 145.950 0.665
202306 0.574 147.009 0.637
202309 0.597 146.113 0.666
202312 0.596 147.741 0.658
202403 0.606 149.044 0.663
202406 0.599 150.997 0.647
202409 0.603 153.439 0.641
202412 0.624 154.660 0.658
202503 0.634 157.021 0.658
202506 0.642 157.509 0.665
202509 0.655 158.000 0.676
202512 0.664 158.320 0.684
202603 0.676 163.070 0.676

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 0.79 mean?
PCC Exol (FRA:9B2) has a Cyclically Adjusted PB Ratio of 0.79 as of Jul. 26, 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 PCC Exol and its competitors. This is 40% below median its historical median of 1.32. Over the past decade, PCC Exol's Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.15. According to the industry distribution chart, PCC Exol ranks #297 out of 1271 companies in the Chemicals industry, placing it in the top 23.4%.
Is PCC Exol's Cyclically Adjusted PB Ratio too high?
PCC Exol's current Cyclically Adjusted PB Ratio of 0.79 is 40% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.15. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.64. PCC Exol's value of 0.79 is 51.8% below this industry median. Based on the distribution chart, PCC Exol ranks #297 out of 1271 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, PCC Exol has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does PCC Exol's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, PCC Exol ranks #297 out of 1271 companies for Cyclically Adjusted PB Ratio. This places PCC Exol in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.64. PCC Exol's value of 0.79 is 51.8% below this benchmark. Historically, PCC Exol's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.15 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.64, PCC Exol 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 1.64, based on 1,271 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. PCC Exol's current Cyclically Adjusted PB Ratio of 0.79 is 51.8% 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 PCC Exol 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. PCC Exol's current Cyclically Adjusted PB Ratio is 0.79, which is 40% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCC Exol stock overvalued right now?
PCC Exol (FRA:9B2) has a current Cyclically Adjusted PB Ratio of 0.79. The stock's GF Value™ is €0.62, compared to a current price of €0.45 — trading 27.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 40% below median its 10-year median of 1.32 and 51.8% below the Chemicals industry median of 1.64. PCC Exol's overall GF Score™ is 73/100 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 PCC Exol (FRA:9B2), the current Cyclically Adjusted PB Ratio is 0.79 as of Jul. 26, 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 PCC Exol (FRA:9B2) Overvalued in 2026?

Based on GuruFocus' analysis, PCC Exol stock appears to be undervalued. The current stock price of €0.45 is trading 27.4% below its estimated GF Value™ of €0.62.

Key valuation signals for FRA:9B2:

  • Cyclically Adjusted PB Ratio: 0.79 (40% below median its 10-year median of 1.32)
  • GF Value™: €0.62 vs. price of €0.45 (27.4% below fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 51.8% below the Chemicals median (#297 of 1271)

No single metric tells the full story. See the FRA:9B2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PCC Exol Business Description

Other Exchanges PCX:Poland
Address Ulica Sienkiewicza 4, Brzeg Dolny, POL, 56-120
PCC Exol SA is engaged in the production and distribution of chemical products. The company operates internationally in three divisions: Chemicals, Energy and Logistics.
73GF Score

Get the complete analysis for FRA:9B2

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

€0.45
Price
€0.62
GF Value