HXPLF (Hexpol AB) Cyclically Adjusted PB Ratio: 1.91 (As of Jul. 15, 2026) — 56% Below Median

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HXPLF Hexpol AB HXPLF
85 GF Score
Price $7.46
GF Value $9.54
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Hexpol AB Cyclically Adjusted PB Ratio?

Hexpol AB HXPLF 85 Cyclically Adjusted PB Ratio is 1.91 as of Jul. 15, 2026, which is 56% below its 10-year median of 4.31. GuruFocus rates HXPLF with a GF Score™ of 85/100 and a GF Value™ of $9.54 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,285 Chemicals companies, Hexpol AB ranks worse than 54.4% on this metric.

As of today (2026-07-15), Hexpol AB's current share price is $7.46. Hexpol AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.91. Hexpol AB's Cyclically Adjusted PB Ratio for today is 1.91.

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

HXPLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 4.31   Max: 8.11
Current: 1.96

During the past years, Hexpol AB's highest Cyclically Adjusted PB Ratio was 8.11. The lowest was 1.89. And the median was 4.31.

HXPLF's Cyclically Adjusted PB Ratio is ranked worse than
54.4% of 1285 companies
in the Chemicals industry
Industry Median: 1.7 vs HXPLF: 1.96

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.

Hexpol AB's adjusted book value per share data for the three months ended in Mar. 2026 was $4.663. 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 $3.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexpol AB  (OTCPK:HXPLF) 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.


Hexpol AB Cyclically Adjusted PB Ratio Related Terms


Hexpol AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hexpol AB'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.

Hexpol AB Cyclically Adjusted PB Ratio Chart

Hexpol AB 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 5.68 4.12 3.91 3.00 2.43

Hexpol AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.52 2.59 2.35 2.43 1.95

HXPLF vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Hexpol AB'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.


Hexpol AB Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


HXPLF
85GF Score
Hexpol AB HXPLF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexpol AB 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.

Hexpol AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.46/3.91
=1.91

* 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.

Hexpol AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Hexpol AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.663/133.5600*133.5600
=4.663

Current CPI (Mar. 2026) = 133.5600.

Hexpol AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.244 101.019 2.967
201609 2.343 101.138 3.094
201612 2.385 102.022 3.122
201703 2.550 102.022 3.338
201706 2.108 102.752 2.740
201709 2.304 103.279 2.980
201712 2.427 103.793 3.123
201803 2.708 103.962 3.479
201806 2.602 104.875 3.314
201809 2.649 105.679 3.348
201812 2.764 105.912 3.486
201903 2.935 105.886 3.702
201906 2.800 106.742 3.503
201909 2.970 107.214 3.700
201912 3.005 107.766 3.724
202003 3.224 106.563 4.041
202006 3.171 107.498 3.940
202009 3.385 107.635 4.200
202012 3.173 108.296 3.913
202103 3.477 108.360 4.286
202106 3.382 108.928 4.147
202109 3.663 110.338 4.434
202112 3.721 112.486 4.418
202203 3.779 114.825 4.396
202206 3.492 118.384 3.940
202209 3.641 122.296 3.976
202212 3.851 126.365 4.070
202303 4.031 127.042 4.238
202306 4.003 129.407 4.131
202309 3.986 130.224 4.088
202312 4.126 131.912 4.178
202403 4.501 132.205 4.547
202406 4.030 132.716 4.056
202409 4.126 132.304 4.165
202412 4.214 132.987 4.232
202503 4.314 132.825 4.338
202506 4.196 133.699 4.192
202509 4.364 133.480 4.367
202512 4.380 133.390 4.386
202603 4.663 133.560 4.663

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 1.91 mean?
Hexpol AB (HXPLF) has a Cyclically Adjusted PB Ratio of 1.91 as of Jul. 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 Hexpol AB and its competitors. This is 56% below median its historical median of 4.31. Over the past decade, Hexpol AB's Cyclically Adjusted PB Ratio has ranged from 1.89 to 8.11. According to the industry distribution chart, Hexpol AB ranks #699 out of 1285 companies in the Chemicals industry, placing it in the top 54.4%.
Is Hexpol AB's Cyclically Adjusted PB Ratio too high?
Hexpol AB's current Cyclically Adjusted PB Ratio of 1.91 is 56% below median its 10-year median of 4.31. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 8.11. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.70. Hexpol AB's value of 1.91 is 12.4% above this industry median. Based on the distribution chart, Hexpol AB ranks #699 out of 1285 companies in the Chemicals industry, which is below the industry midpoint. Overall, Hexpol AB has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexpol AB's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hexpol AB ranks #699 out of 1285 companies for Cyclically Adjusted PB Ratio. This places Hexpol AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.70. Hexpol AB's value of 1.91 is 12.4% above this benchmark. Historically, Hexpol AB's own Cyclically Adjusted PB Ratio has ranged from 1.89 to 8.11 over the past decade. While the company's 10-year median is 4.31 vs. the industry median of 1.70, Hexpol AB 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 1.70, based on 1,285 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. Hexpol AB's current Cyclically Adjusted PB Ratio of 1.91 is 12.4% 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 Hexpol AB and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexpol AB's current Cyclically Adjusted PB Ratio is 1.91, which is 56% below median its own 10-year median of 4.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexpol AB stock overvalued right now?
Based on GuruFocus' analysis, Hexpol AB (HXPLF) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.54, compared to a current price of $7.46 — trading 21.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.91, which is 56% below median its 10-year median of 4.31 and 12.4% above the Chemicals industry median of 1.70. Hexpol AB's overall GF Score™ is 85/100 with 5 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 Hexpol AB (HXPLF), the current Cyclically Adjusted PB Ratio is 1.91 as of Jul. 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 Hexpol AB (HXPLF) Overvalued in 2026?

Based on GuruFocus' analysis, Hexpol AB stock appears to be undervalued. The current stock price of $7.46 is trading 21.8% below its estimated GF Value™ of $9.54. GuruFocus considers Hexpol AB to be Modestly Undervalued.

Key valuation signals for HXPLF:

  • Cyclically Adjusted PB Ratio: 1.91 (56% below median its 10-year median of 4.31)
  • GF Value™: $9.54 vs. price of $7.46 (21.8% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 12.4% above the Chemicals median (#699 of 1285)

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


Hexpol AB Business Description

Address Gibraltargatan 7, Malmo, SWE, 211 18
Hexpol AB manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into two segments based on product type. The compounding segment, which generates the vast majority of revenue, sells synthetic rubber to the automotive, aerospace, footwear, and pharmaceutical industries. The company's synthetic rubber products are used in the production of tires, hoses, seals, footwear, and pharmaceuticals. The engineered products segment sells gaskets used in plate heat exchangers, forklift wheels, and castor wheels. The Americas generates the majority of its revenue from geographic market.
85GF Score

Get the complete analysis for HXPLF

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

$7.46
Price
$9.54
GF Value