Balchem (FRA:BL9B) Cyclically Adjusted PB Ratio: 5.03 (As of Aug. 01, 2026) — 23% Below Median

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FRA:BL9B Balchem Corp FRA:BL9B
93 GF Score
Price €138.00
GF Value €148.35
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Balchem Cyclically Adjusted PB Ratio?

Balchem FRA:BL9B 93 Cyclically Adjusted PB Ratio is 5.03 as of Aug. 01, 2026, which is 23% below its 10-year median of 6.57. GuruFocus rates FRA:BL9B with a GF Score™ of 93/100 and a GF Value™ of €148.35 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,254 Chemicals companies, Balchem ranks worse than 85.81% on this metric.

As of today (2026-08-01), Balchem's current share price is €138.00. Balchem's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €27.43. Balchem's Cyclically Adjusted PB Ratio for today is 5.03.

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

FRA:BL9B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.68   Med: 6.57   Max: 9.98
Current: 5.21

During the past years, Balchem's highest Cyclically Adjusted PB Ratio was 9.98. The lowest was 4.68. And the median was 6.57.

FRA:BL9B's Cyclically Adjusted PB Ratio is ranked worse than
85.81% of 1254 companies
in the Chemicals industry
Industry Median: 1.63 vs FRA:BL9B: 5.21

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.

Balchem's adjusted book value per share data for the three months ended in Jun. 2026 was €35.184. 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 €27.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balchem  (FRA:BL9B) 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.


Balchem Cyclically Adjusted PB Ratio Related Terms


Balchem Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Balchem'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.

Balchem Cyclically Adjusted PB Ratio Chart

Balchem 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 8.66 5.45 5.96 5.91 5.06

Balchem 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 5.46 5.02 5.06 5.41 5.25

FRA:BL9B vs SXT, PRM, CBT: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Balchem'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.


Balchem Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


FRA:BL9B
93GF Score
Balchem Corp FRA:BL9B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Balchem 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=138.00/27.43
=5.03

* 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.

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

For example, Balchem'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)
=35.184/333.9520*333.9520
=35.184

Current CPI (Jun. 2026) = 333.9520.

Balchem Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.506 241.428 20.065
201612 15.553 241.432 21.513
201703 15.911 243.801 21.794
201706 15.696 244.955 21.399
201709 15.364 246.819 20.788
201712 16.279 246.524 22.052
201803 16.167 249.554 21.635
201806 17.626 251.989 23.359
201809 18.208 252.439 24.087
201812 18.847 251.233 25.052
201903 19.449 254.202 25.551
201906 20.032 256.143 26.117
201909 20.706 256.759 26.931
201912 20.784 256.974 27.010
202003 21.459 258.115 27.764
202006 21.761 257.797 28.189
202009 21.510 260.280 27.598
202012 21.030 260.474 26.962
202103 21.989 264.877 27.723
202106 22.274 271.696 27.378
202109 23.337 274.310 28.411
202112 24.039 278.802 28.794
202203 24.701 287.504 28.692
202206 26.546 296.311 29.918
202209 28.159 296.808 31.683
202212 27.548 296.797 30.997
202303 28.212 301.836 31.214
202306 28.828 305.109 31.553
202309 29.798 307.789 32.331
202312 29.964 306.746 32.622
202403 30.611 312.332 32.730
202406 31.860 314.175 33.866
202409 32.628 315.301 34.558
202412 33.762 315.605 35.725
202503 34.283 319.799 35.800
202506 33.870 322.561 35.066
202509 34.154 324.800 35.116
202512 33.497 324.054 34.520
202603 34.599 330.213 34.991
202606 35.184 333.952 35.184

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 5.03 mean?
Balchem (FRA:BL9B) has a Cyclically Adjusted PB Ratio of 5.03 as of Aug. 01, 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 Balchem and its competitors. This is 23% below median its historical median of 6.57. Over the past decade, Balchem's Cyclically Adjusted PB Ratio has ranged from 4.68 to 9.98. According to the industry distribution chart, Balchem ranks #1076 out of 1254 companies in the Chemicals industry, placing it in the top 85.8%.
Is Balchem's Cyclically Adjusted PB Ratio too high?
Balchem's current Cyclically Adjusted PB Ratio of 5.03 is 23% below median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 4.68 to a high of 9.98. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.63. Balchem's value of 5.03 is 208.6% above this industry median. Based on the distribution chart, Balchem ranks #1076 out of 1254 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Balchem has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balchem's Cyclically Adjusted PB Ratio compare to SXT and PRM?
According to the Chemicals industry distribution chart, Balchem ranks #1076 out of 1254 companies for Cyclically Adjusted PB Ratio. This places Balchem in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Balchem's value of 5.03 is 208.6% above this benchmark. Historically, Balchem's own Cyclically Adjusted PB Ratio has ranged from 4.68 to 9.98 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 1.63, Balchem 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 1.63, based on 1,254 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. Balchem's current Cyclically Adjusted PB Ratio of 5.03 is 208.6% 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 Balchem and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balchem's current Cyclically Adjusted PB Ratio is 5.03, which is 23% below median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balchem stock overvalued right now?
Based on GuruFocus' analysis, Balchem (FRA:BL9B) is currently considered Modestly Undervalued. The stock's GF Value™ is €148.35, compared to a current price of €138.00 — trading 7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.03, which is 23% below median its 10-year median of 6.57 and 208.6% above the Chemicals industry median of 1.63. Balchem's overall GF Score™ is 93/100 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 Balchem (FRA:BL9B), the current Cyclically Adjusted PB Ratio is 5.03 as of Aug. 01, 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 Balchem (FRA:BL9B) Overvalued in 2026?

Based on GuruFocus' analysis, Balchem stock appears to be undervalued. The current stock price of €138.00 is trading 7% below its estimated GF Value™ of €148.35. GuruFocus considers Balchem to be Modestly Undervalued.

Key valuation signals for FRA:BL9B:

  • Cyclically Adjusted PB Ratio: 5.03 (23% below median its 10-year median of 6.57)
  • GF Value™: €148.35 vs. price of €138.00 (7% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 208.6% above the Chemicals median (#1076 of 1254)

No single metric tells the full story. See the FRA:BL9B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Balchem Business Description

Other Exchanges BCPC:USA
Address 5 Paragon Drive, Montvale, NJ, USA, 07645
Balchem Corp is engaged in the development, manufacture, and marketing of specialty performance ingredients and products for various industries. The company's reportable segments are; Human Nutrition and Health, which generates maximum revenue, and provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications; Animal Nutrition and Health, which provides nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride; and the Specialty Products segment includes re-packaging and distributing several performance gases and chemicals. Geographically, the company derives its key revenue from the United States and the rest from foreign countries.
93GF Score

Get the complete analysis for FRA:BL9B

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

€138.00
Price
€148.35
GF Value