Element Solutions (FRA:PLQ) Cyclically Adjusted PB Ratio: 2.64 (As of Sep. 16, 2026) — 25% Above Median

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FRA:PLQ Element Solutions Inc FRA:PLQ
84 GF Score
Price €27.40
GF Value €30.39
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Element Solutions Cyclically Adjusted PB Ratio?

Element Solutions FRA:PLQ -1.44% 84 Cyclically Adjusted PB Ratio is 2.64 as of Sep. 16, 2026, which is 25% above its 10-year median of 2.11. GuruFocus rates FRA:PLQ with a GF Score™ of 84/100 and a GF Value™ of €30.39 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,099 Chemicals companies, Element Solutions ranks worse than 71.16% on this metric.

As of today (2026-09-16), Element Solutions's current share price is €27.40. Element Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €10.39. Element Solutions's Cyclically Adjusted PB Ratio for today is 2.64.

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

FRA:PLQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.11   Max: 4.01
Current: 2.98

During the past years, Element Solutions's highest Cyclically Adjusted PB Ratio was 4.01. The lowest was 1.45. And the median was 2.11.

FRA:PLQ's Cyclically Adjusted PB Ratio is ranked worse than
71.16% of 1099 companies
in the Chemicals industry
Industry Median: 1.67 vs FRA:PLQ: 2.98

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 €10.148. 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 €10.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Element Solutions  (FRA:PLQ) 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 2.47 1.66 2.03 2.42 2.16

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 1.85 2.05 2.11 2.84 4.03

FRA:PLQ vs NEU, EMN, AXTA: 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.


FRA:PLQ
84GF Score
Element Solutions Inc FRA:PLQ
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
=27.40/10.385
=2.64

* 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)
=10.148/333.9520*333.9520
=10.148

Current CPI (Jun. 2026) = 333.9520.

Element Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.781 241.428 13.529
201612 9.640 241.432 13.334
201703 9.982 243.801 13.673
201706 9.042 244.955 12.327
201709 8.895 246.819 12.035
201712 8.287 246.524 11.226
201803 8.374 249.554 11.206
201806 7.740 251.989 10.258
201809 6.306 252.439 8.342
201812 6.603 251.233 8.777
201903 7.802 254.202 10.250
201906 7.634 256.143 9.953
201909 7.746 256.759 10.075
201912 7.905 256.974 10.273
202003 7.846 258.115 10.151
202006 7.711 257.797 9.989
202009 7.691 260.280 9.868
202012 7.667 260.474 9.830
202103 8.072 264.877 10.177
202106 8.408 271.696 10.335
202109 8.768 274.310 10.674
202112 8.912 278.802 10.675
202203 9.113 287.504 10.585
202206 9.399 296.311 10.593
202209 9.688 296.808 10.900
202212 8.304 296.797 9.344
202303 9.041 301.836 10.003
202306 8.804 305.109 9.636
202309 8.784 307.789 9.531
202312 8.786 306.746 9.565
202403 8.949 312.332 9.568
202406 9.206 314.175 9.786
202409 9.084 315.301 9.621
202412 9.563 315.605 10.119
202503 9.677 319.799 10.105
202506 9.313 322.561 9.642
202509 9.385 324.800 9.649
202512 9.435 324.054 9.723
202603 9.798 330.213 9.909
202606 10.148 333.952 10.148

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 2.64 mean?
Element Solutions (FRA:PLQ) has a Cyclically Adjusted PB Ratio of 2.64 as of Sep. 16, 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 25% above median its historical median of 2.11. 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 #782 out of 1099 companies in the Chemicals industry, placing it in the top 71.2%.
Is Element Solutions' Cyclically Adjusted PB Ratio too high?
Element Solutions' current Cyclically Adjusted PB Ratio of 2.64 is 25% above median its 10-year median of 2.11. 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 1.67. Element Solutions' value of 2.64 is 58.1% above this industry median. Based on the distribution chart, Element Solutions ranks #782 out of 1099 companies in the Chemicals industry, which is below the industry midpoint. Overall, Element Solutions has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Element Solutions' Cyclically Adjusted PB Ratio compare to NEU and EMN?
According to the Chemicals industry distribution chart, Element Solutions ranks #782 out of 1099 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 1.67. Element Solutions' value of 2.64 is 58.1% 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 2.11 vs. the industry median of 1.67, 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 1.67, based on 1,099 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 2.64 is 58.1% 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 1.67 — 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 2.64, which is 25% above median its own 10-year median of 2.11. 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 (FRA:PLQ) is currently considered Modestly Undervalued. The stock's GF Value™ is €30.39, compared to a current price of €27.40 — trading 9.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.64, which is 25% above median its 10-year median of 2.11 and 58.1% above the Chemicals industry median of 1.67. Element Solutions' overall GF Score™ is 84/100 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 (FRA:PLQ), the current Cyclically Adjusted PB Ratio is 2.64 as of Sep. 16, 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 (FRA:PLQ) Overvalued in 2026?

Based on GuruFocus' analysis, Element Solutions stock appears to be undervalued. The current stock price of €27.40 is trading 9.8% below its estimated GF Value™ of €30.39. GuruFocus considers Element Solutions to be Modestly Undervalued.

Key valuation signals for FRA:PLQ:

  • Cyclically Adjusted PB Ratio: 2.64 (25% above median its 10-year median of 2.11)
  • GF Value™: €30.39 vs. price of €27.40 (9.8% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 58.1% above the Chemicals median (#782 of 1099)

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


Element Solutions Business Description

Other Exchanges ESI:USAPLQ: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.
84GF Score

Get the complete analysis for FRA:PLQ

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

€27.40
Price
€30.39
GF Value