Ecovyst (FRA:PQGA) Cyclically Adjusted PB Ratio: 0.95 (As of Sep. 15, 2026) — 25% Below Median

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FRA:PQGA Ecovyst Inc FRA:PQGA
82 GF Score
Price €8.40
GF Value €11.87
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ecovyst Cyclically Adjusted PB Ratio?

Ecovyst FRA:PQGA +0.60% 82 Cyclically Adjusted PB Ratio is 0.95 as of Sep. 15, 2026, which is 25% below its 10-year median of 1.26. GuruFocus rates FRA:PQGA with a GF Score™ of 82/100 and a GF Value™ of €11.87 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,099 Chemicals companies, Ecovyst ranks better than 70.61% on this metric.

As of today (2026-09-15), Ecovyst's current share price is €8.40. Ecovyst's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €8.84. Ecovyst's Cyclically Adjusted PB Ratio for today is 0.95.

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

FRA:PQGA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.26   Max: 1.44
Current: 0.97

During the past years, Ecovyst's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.96. And the median was 1.26.

FRA:PQGA's Cyclically Adjusted PB Ratio is ranked better than
70.61% of 1099 companies
in the Chemicals industry
Industry Median: 1.67 vs FRA:PQGA: 0.97

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.

Ecovyst's adjusted book value per share data for the three months ended in Jun. 2026 was €4.654. 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 €8.84 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ecovyst  (FRA:PQGA) 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.


Ecovyst Cyclically Adjusted PB Ratio Related Terms


Ecovyst Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ecovyst'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.

Ecovyst Cyclically Adjusted PB Ratio Chart

Ecovyst 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 0.00 0.00 0.00 0.00

Ecovyst 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 0.00 0.00 0.00 1.28 1.21

FRA:PQGA vs KRO, ODC, KOP: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Ecovyst'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.


Ecovyst Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


FRA:PQGA
82GF Score
Ecovyst Inc FRA:PQGA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecovyst 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.40/8.84
=0.95

* 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.

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

For example, Ecovyst'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)
=4.654/333.9520*333.9520
=4.654

Current CPI (Jun. 2026) = 333.9520.

Ecovyst Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 7.171 241.432 9.919
201703 0.000 243.801 0.000
201706 6.973 244.955 9.506
201709 8.671 246.819 11.732
201712 10.172 246.524 13.779
201803 9.844 249.554 13.173
201806 10.357 251.989 13.726
201809 10.505 252.439 13.897
201812 10.758 251.233 14.300
201903 10.890 254.202 14.306
201906 11.146 256.143 14.532
201909 11.548 256.759 15.020
201912 11.736 256.974 15.252
202003 11.518 258.115 14.902
202006 11.572 257.797 14.990
202009 11.235 260.280 14.415
202012 7.701 260.474 9.873
202103 7.283 264.877 9.182
202106 7.305 271.696 8.979
202109 4.390 274.310 5.344
202112 4.787 278.802 5.734
202203 5.012 287.504 5.822
202206 5.342 296.311 6.021
202209 5.741 296.808 6.459
202212 5.464 296.797 6.148
202303 5.242 301.836 5.800
202306 5.301 305.109 5.802
202309 5.470 307.789 5.935
202312 5.571 306.746 6.065
202403 5.594 312.332 5.981
202406 5.721 314.175 6.081
202409 5.640 315.301 5.974
202412 5.740 315.605 6.074
202503 5.506 319.799 5.750
202506 5.243 322.561 5.428
202509 4.542 324.800 4.670
202512 4.609 324.054 4.750
202603 4.546 330.213 4.597
202606 4.654 333.952 4.654

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 0.95 mean?
Ecovyst (FRA:PQGA) has a Cyclically Adjusted PB Ratio of 0.95 as of Sep. 15, 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 Ecovyst and its competitors. This is 25% below median its historical median of 1.26. Over the past decade, Ecovyst's Cyclically Adjusted PB Ratio has ranged from 0.96 to 1.44. According to the industry distribution chart, Ecovyst ranks #323 out of 1099 companies in the Chemicals industry, placing it in the top 29.4%.
Is Ecovyst's Cyclically Adjusted PB Ratio too high?
Ecovyst's current Cyclically Adjusted PB Ratio of 0.95 is 25% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 1.44. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Ecovyst's value of 0.95 is 43.1% below this industry median. Based on the distribution chart, Ecovyst ranks #323 out of 1099 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ecovyst has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ecovyst's Cyclically Adjusted PB Ratio compare to KRO and ODC?
According to the Chemicals industry distribution chart, Ecovyst ranks #323 out of 1099 companies for Cyclically Adjusted PB Ratio. This puts Ecovyst in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Ecovyst's value of 0.95 is 43.1% below this benchmark. Historically, Ecovyst's own Cyclically Adjusted PB Ratio has ranged from 0.96 to 1.44 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.67, Ecovyst 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 1.67, 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. Ecovyst's current Cyclically Adjusted PB Ratio of 0.95 is 43.1% 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 Ecovyst 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. Ecovyst's current Cyclically Adjusted PB Ratio is 0.95, which is 25% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecovyst stock overvalued right now?
Based on GuruFocus' analysis, Ecovyst (FRA:PQGA) is currently considered Modestly Undervalued. The stock's GF Value™ is €11.87, compared to a current price of €8.40 — trading 29.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 25% below median its 10-year median of 1.26 and 43.1% below the Chemicals industry median of 1.67. Ecovyst's overall GF Score™ is 82/100 with 4 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 Ecovyst (FRA:PQGA), the current Cyclically Adjusted PB Ratio is 0.95 as of Sep. 15, 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 Ecovyst (FRA:PQGA) Overvalued in 2026?

Based on GuruFocus' analysis, Ecovyst stock appears to be undervalued. The current stock price of €8.40 is trading 29.2% below its estimated GF Value™ of €11.87. GuruFocus considers Ecovyst to be Modestly Undervalued.

Key valuation signals for FRA:PQGA:

  • Cyclically Adjusted PB Ratio: 0.95 (25% below median its 10-year median of 1.26)
  • GF Value™: €11.87 vs. price of €8.40 (29.2% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 43.1% below the Chemicals median (#323 of 1099)

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


Ecovyst Business Description

Other Exchanges ECVT:USA
Address 600 Lee Road, Suite 200, Wayne, PA, USA, 19087
Ecovyst Inc is an integrated and provider of materials, specialty catalysts and services. Its products contribute to lower emissions and cleaner air, higher fuel efficiency and cleaner fuels, and key enablers to advance transition to clean energy. The company has one operating segment. The Company's single reportable segment, Ecoservices, derives its revenue through the sale of virgin and regenerated sulfuric acid products and services.
82GF Score

Get the complete analysis for FRA:PQGA

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

€8.40
Price
€11.87
GF Value