HXXPY (Hexpol AB) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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.
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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.

HXXPY Hexpol AB HXXPY
77 GF Score
Price $7.71
GF Value $8.73
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Hexpol AB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hexpol AB  (OTCPK:HXXPY) 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 - 2.97 2.68 2.54 2.43

Hexpol AB 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 2.52 2.50 2.48 2.45 1.76

HXXPY 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.


HXXPY
77GF Score
Hexpol AB HXXPY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Hexpol AB'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)
=4.519/134.6100*134.6100
=4.519

Current CPI (Jun. 2026) = 134.6100.

Hexpol AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.437 101.138 3.244
201612 2.526 102.022 3.333
201703 2.660 102.022 3.510
201706 2.265 102.752 2.967
201709 2.363 103.279 3.080
201712 2.599 103.793 3.371
201803 2.784 103.962 3.605
201806 2.674 104.875 3.432
201809 2.782 105.679 3.544
201812 2.942 105.912 3.739
201903 3.072 105.886 3.905
201906 2.967 106.742 3.742
201909 3.064 107.214 3.847
201912 3.164 107.766 3.952
202003 3.347 106.563 4.228
202006 3.311 107.498 4.146
202009 3.500 107.635 4.377
202012 3.376 108.296 4.196
202103 3.560 108.360 4.422
202106 3.470 108.928 4.288
202109 3.781 110.338 4.613
202112 3.903 112.486 4.671
202203 4.052 114.825 4.750
202206 3.573 118.384 4.063
202209 3.740 122.296 4.117
202212 4.008 126.365 4.270
202303 4.255 127.042 4.508
202306 4.170 129.407 4.338
202309 4.249 130.224 4.392
202312 4.388 131.912 4.478
202403 4.579 132.205 4.662
202406 4.170 132.716 4.230
202409 4.350 132.304 4.426
202412 4.377 132.987 4.430
202503 4.547 132.825 4.608
202506 4.393 133.699 4.423
202509 4.544 133.480 4.582
202512 4.613 133.380 4.656
202603 4.765 133.550 4.803
202606 4.519 134.610 4.519

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.

Is Hexpol AB (HXXPY) Overvalued in 2026?

Based on GuruFocus' analysis, Hexpol AB stock appears to be undervalued. The current stock price of $7.71 is trading 11.7% below its estimated GF Value™ of $8.73. GuruFocus considers Hexpol AB to be Modestly Undervalued.

Key valuation signals for HXXPY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $8.73 vs. price of $7.71 (11.7% below fair value)
  • GF Score™: 77/100 with 10 warning signs

No single metric tells the full story. See the HXXPY 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.
77GF Score

Get the complete analysis for HXXPY

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

$7.71
Price
$8.73
GF Value