WD-40 Co (FRA:WD1) Cyclically Adjusted PB Ratio: 15.51 (As of Jul. 20, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:WD1 WD-40 Co FRA:WD1
97 GF Score
Price €215.00
GF Value €234.49
! 6 Warning Signs
View Full Analysis

What is WD-40 Co Cyclically Adjusted PB Ratio?

WD-40 Co FRA:WD1 -4.02% 97 Cyclically Adjusted PB Ratio is 15.51 as of Jul. 20, 2026, which is 6% above its 10-year median of 14.57. GuruFocus rates FRA:WD1 with a GF Score™ of 97/100 and a GF Value™ of €234.49. The stock has 6 warning signs investors should review. Among 1,278 Chemicals companies, WD-40 Co ranks worse than 97.03% on this metric.

As of today (2026-07-20), WD-40 Co's current share price is €215.00. WD-40 Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 was €13.86. WD-40 Co's Cyclically Adjusted PB Ratio for today is 15.51.

The historical rank and industry rank for WD-40 Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:WD1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.62   Med: 14.57   Max: 27.55
Current: 15.19

During the past years, WD-40 Co's highest Cyclically Adjusted PB Ratio was 27.55. The lowest was 8.62. And the median was 14.57.

FRA:WD1's Cyclically Adjusted PB Ratio is ranked worse than
97.03% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs FRA:WD1: 15.19

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.

WD-40 Co's adjusted book value per share data for the three months ended in May. 2026 was €17.755. 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 €13.86 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


WD-40 Co  (FRA:WD1) 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.


WD-40 Co Cyclically Adjusted PB Ratio Related Terms


WD-40 Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for WD-40 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.

WD-40 Co Cyclically Adjusted PB Ratio Chart

WD-40 Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.98 13.87 15.26 18.12 14.13

WD-40 Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 16.19 14.13 12.70 15.18 12.31

FRA:WD1 vs HWKN, FUL, AVNT: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, WD-40 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.


WD-40 Co Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, WD-40 Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where WD-40 Co's Cyclically Adjusted PB Ratio falls into.


FRA:WD1
97GF Score
WD-40 Co FRA:WD1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WD-40 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.

WD-40 Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=215.00/13.86
=15.51

* 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.

WD-40 Co's Cyclically Adjusted Book per Share for the quarter that ended in May. 2026 is calculated as:

For example, WD-40 Co's adjusted Book Value per Share data for the three months ended in May. 2026 was:

Adj_Book=Book Value per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=17.755/335.1230*335.1230
=17.755

Current CPI (May. 2026) = 335.1230.

WD-40 Co Quarterly Data

Book Value per Share CPI Adj_Book
201608 8.814 240.849 12.264
201611 8.429 241.353 11.704
201702 8.635 243.603 11.879
201705 8.670 244.733 11.872
201708 8.443 245.519 11.524
201711 8.858 246.669 12.034
201802 8.975 248.991 12.080
201805 9.053 251.588 12.059
201808 9.722 252.146 12.921
201811 9.668 252.038 12.855
201902 9.937 252.776 13.174
201905 9.969 256.092 13.045
201908 9.533 256.558 12.452
201911 9.634 257.208 12.552
202002 9.899 258.678 12.824
202005 9.729 256.394 12.716
202008 9.913 259.918 12.781
202011 10.785 260.229 13.889
202102 11.317 263.014 14.420
202105 12.166 269.195 15.146
202108 12.424 273.567 15.220
202111 12.679 277.948 15.287
202202 12.824 283.716 15.148
202205 13.542 292.296 15.526
202208 13.687 296.171 15.487
202211 13.816 297.711 15.552
202302 13.570 300.840 15.116
202305 13.956 304.127 15.378
202308 14.210 307.026 15.510
202311 14.716 307.051 16.061
202402 14.791 310.326 15.973
202405 15.174 314.069 16.191
202408 15.432 314.796 16.428
202411 15.732 315.493 16.711
202502 17.153 319.082 18.015
202505 16.841 321.465 17.557
202508 17.027 323.976 17.613
202511 16.915 324.122 17.489
202602 16.893 326.785 17.324
202605 17.755 335.123 17.755

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 15.51 mean?
WD-40 Co (FRA:WD1) has a Cyclically Adjusted PB Ratio of 15.51 as of Jul. 20, 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 WD-40 Co and its competitors. This is near median its historical median of 14.57. Over the past decade, WD-40 Co's Cyclically Adjusted PB Ratio has ranged from 8.62 to 27.55. According to the industry distribution chart, WD-40 Co ranks #1240 out of 1278 companies in the Chemicals industry, placing it in the top 97%.
Is WD-40 Co's Cyclically Adjusted PB Ratio too high?
WD-40 Co's current Cyclically Adjusted PB Ratio of 15.51 is near median its 10-year median of 14.57. Over the past 10 years, this metric has ranged from a low of 8.62 to a high of 27.55. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. WD-40 Co's value of 15.51 is 831.5% above this industry median. Based on the distribution chart, WD-40 Co ranks #1240 out of 1278 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, WD-40 Co has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does WD-40 Co's Cyclically Adjusted PB Ratio compare to HWKN and FUL?
According to the Chemicals industry distribution chart, WD-40 Co ranks #1240 out of 1278 companies for Cyclically Adjusted PB Ratio. This places WD-40 Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. WD-40 Co's value of 15.51 is 831.5% above this benchmark. Historically, WD-40 Co's own Cyclically Adjusted PB Ratio has ranged from 8.62 to 27.55 over the past decade. While the company's 10-year median is 14.57 vs. the industry median of 1.67, WD-40 Co 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 1,278 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. WD-40 Co's current Cyclically Adjusted PB Ratio of 15.51 is 831.5% 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 WD-40 Co 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. WD-40 Co's current Cyclically Adjusted PB Ratio is 15.51, which is near median its own 10-year median of 14.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WD-40 Co stock overvalued right now?
WD-40 Co (FRA:WD1) has a current Cyclically Adjusted PB Ratio of 15.51. The stock's GF Value™ is €234.49, compared to a current price of €215.00 — trading 8.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 15.51, which is near median its 10-year median of 14.57 and 831.5% above the Chemicals industry median of 1.67. WD-40 Co's overall GF Score™ is 97/100 with 6 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 WD-40 Co (FRA:WD1), the current Cyclically Adjusted PB Ratio is 15.51 as of Jul. 20, 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 WD-40 Co (FRA:WD1) Overvalued in 2026?

Based on GuruFocus' analysis, WD-40 Co stock appears to be undervalued. The current stock price of €215.00 is trading 8.3% below its estimated GF Value™ of €234.49.

Key valuation signals for FRA:WD1:

  • Cyclically Adjusted PB Ratio: 15.51 (near median its 10-year median of 14.57)
  • GF Value™: €234.49 vs. price of €215.00 (8.3% below fair value)
  • GF Score™: 97/100 with 6 warning signs
  • Industry Position: 831.5% above the Chemicals median (#1240 of 1278)

No single metric tells the full story. See the FRA:WD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WD-40 Co Business Description

Other Exchanges WDFC:USA
Address 9715 Businesspark Avenue, San Diego, CA, USA, 92131
WD-40 Co is a global marketing organization focused on developing and selling products that solve maintenance and cleaning problems internationally. It offers two product groups: maintenance products, including the flagship WD-40 Multi-Use Product, which serves as a lubricant, rust preventative, penetrant, and moisture displacer, marketed globally; and homecare and cleaning products, mainly sold in North America, the UK, and Australia. The company distributes its products through hardware stores, automotive parts outlets, industrial suppliers, mass retailers, online platforms, and specialty retailers across the Americas, EIMEA, and Asia-Pacific, with the majority of revenue generated in the Americas.
97GF Score

Get the complete analysis for FRA:WD1

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

€215.00
Price
€234.49
GF Value