FSI (Flexible Solutions International) Cyclically Adjusted PB Ratio: 2.45 (As of Sep. 09, 2026) — 23% Above Median

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FSI Flexible Solutions International Inc FSI
64 GF Score
Price $5.86
GF Value $4.32
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Flexible Solutions International Cyclically Adjusted PB Ratio?

Flexible Solutions International FSI +1.91% 64 Cyclically Adjusted PB Ratio is 2.45 as of Sep. 09, 2026, which is 23% above its 10-year median of 1.99. GuruFocus rates FSI with a GF Score™ of 64/100 and a GF Value™ of $4.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,097 Chemicals companies, Flexible Solutions International ranks worse than 62.81% on this metric.

As of today (2026-09-09), Flexible Solutions International's current share price is $5.86. Flexible Solutions International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $2.39. Flexible Solutions International's Cyclically Adjusted PB Ratio for today is 2.45.

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

FSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.99   Max: 5.23
Current: 2.41

During the past years, Flexible Solutions International's highest Cyclically Adjusted PB Ratio was 5.23. The lowest was 0.88. And the median was 1.99.

FSI's Cyclically Adjusted PB Ratio is ranked worse than
62.81% of 1097 companies
in the Chemicals industry
Industry Median: 1.69 vs FSI: 2.41

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.

Flexible Solutions International's adjusted book value per share data for the three months ended in Jun. 2026 was $2.900. 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 $2.39 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flexible Solutions International  (AMEX:FSI) 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.


Flexible Solutions International Cyclically Adjusted PB Ratio Related Terms


Flexible Solutions International Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Flexible Solutions International'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.

Flexible Solutions International Cyclically Adjusted PB Ratio Chart

Flexible Solutions International 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 2.90 1.98 1.06 1.79 2.99

Flexible Solutions International 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 2.26 4.37 2.99 2.32 2.79

FSI vs NTIC, FEAM, KBLB: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Flexible Solutions International'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.


Flexible Solutions International Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


FSI
64GF Score
Flexible Solutions International Inc FSI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Flexible Solutions International 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.

Flexible Solutions International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.86/2.39
=2.45

* 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.

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

For example, Flexible Solutions International'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)
=2.9/133.5265*133.5265
=2.900

Current CPI (Jun. 2026) = 133.5265.

Flexible Solutions International Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.051 101.765 1.379
201612 1.088 101.449 1.432
201703 1.377 102.634 1.791
201706 1.419 103.029 1.839
201709 1.422 103.345 1.837
201712 1.287 103.345 1.663
201803 1.339 105.004 1.703
201806 1.508 105.557 1.908
201809 1.508 105.636 1.906
201812 1.458 105.399 1.847
201903 1.509 106.979 1.883
201906 1.448 107.690 1.795
201909 1.480 107.611 1.836
201912 1.466 107.769 1.816
202003 1.563 107.927 1.934
202006 1.663 108.401 2.048
202009 1.718 108.164 2.121
202012 1.730 108.559 2.128
202103 1.856 110.298 2.247
202106 1.958 111.720 2.340
202109 2.052 112.905 2.427
202112 2.032 113.774 2.385
202203 2.164 117.646 2.456
202206 2.303 120.806 2.546
202209 2.391 120.648 2.646
202212 2.626 120.964 2.899
202303 2.698 122.702 2.936
202306 2.745 124.203 2.951
202309 2.713 125.230 2.893
202312 2.831 125.072 3.022
202403 2.889 126.258 3.055
202406 2.904 127.522 3.041
202409 2.967 127.285 3.112
202412 3.039 127.364 3.186
202503 3.038 129.181 3.140
202506 3.111 129.892 3.198
202509 3.071 130.287 3.147
202512 3.058 130.366 3.132
202603 3.047 132.262 3.076
202606 2.900 133.527 2.900

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 2.45 mean?
Flexible Solutions International (FSI) has a Cyclically Adjusted PB Ratio of 2.45 as of Sep. 09, 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 Flexible Solutions International and its competitors. This is 23% above median its historical median of 1.99. Over the past decade, Flexible Solutions International's Cyclically Adjusted PB Ratio has ranged from 0.88 to 5.23. According to the industry distribution chart, Flexible Solutions International ranks #689 out of 1097 companies in the Chemicals industry, placing it in the top 62.8%.
Is Flexible Solutions International's Cyclically Adjusted PB Ratio too high?
Flexible Solutions International's current Cyclically Adjusted PB Ratio of 2.45 is 23% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 5.23. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.69. Flexible Solutions International's value of 2.45 is 45% above this industry median. Based on the distribution chart, Flexible Solutions International ranks #689 out of 1097 companies in the Chemicals industry, which is below the industry midpoint. Overall, Flexible Solutions International has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flexible Solutions International's Cyclically Adjusted PB Ratio compare to NTIC and FEAM?
According to the Chemicals industry distribution chart, Flexible Solutions International ranks #689 out of 1097 companies for Cyclically Adjusted PB Ratio. This places Flexible Solutions International in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.69. Flexible Solutions International's value of 2.45 is 45% above this benchmark. Historically, Flexible Solutions International's own Cyclically Adjusted PB Ratio has ranged from 0.88 to 5.23 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 1.69, Flexible Solutions International 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 1.69, based on 1,097 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. Flexible Solutions International's current Cyclically Adjusted PB Ratio of 2.45 is 45% 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 Flexible Solutions International and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flexible Solutions International's current Cyclically Adjusted PB Ratio is 2.45, which is 23% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flexible Solutions International stock overvalued right now?
Based on GuruFocus' analysis, Flexible Solutions International (FSI) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.32, compared to a current price of $5.86 — trading 35.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.45, which is 23% above median its 10-year median of 1.99 and 45% above the Chemicals industry median of 1.69. Flexible Solutions International's overall GF Score™ is 64/100 with 3 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 Flexible Solutions International (FSI), the current Cyclically Adjusted PB Ratio is 2.45 as of Sep. 09, 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 Flexible Solutions International (FSI) Overvalued in 2026?

Based on GuruFocus' analysis, Flexible Solutions International stock appears to be overvalued. The current stock price of $5.86 is trading 35.6% above its estimated GF Value™ of $4.32. GuruFocus considers Flexible Solutions International to be Significantly Overvalued.

Key valuation signals for FSI:

  • Cyclically Adjusted PB Ratio: 2.45 (23% above median its 10-year median of 1.99)
  • GF Value™: $4.32 vs. price of $5.86 (35.6% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 45% above the Chemicals median (#689 of 1097)

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


Flexible Solutions International Business Description

Address 6001 54 Avenue, Taber, AB, CAN, T1G 1X4
Flexible Solutions International Inc develops, manufactures, and markets specialty chemicals that slow the evaporation of water. Its business is organized into two segments: Energy and Water Conservation Products and Biodegradable Polymers. It offers a liquid swimming pool blanket under the WATERSAVR brand, which saves energy and water by inhibiting evaporation from the pool surface, and a chemical product called HEATSAV for use in swimming pools and spas to slow water evaporation. The company also manufactures and markets water-soluble chemicals utilizing thermal polyaspartate biopolymers. It generates the majority of its revenues from the export of its products to international markets.
64GF Score

Get the complete analysis for FSI

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

$5.86
Price
$4.32
GF Value