Exel Composites Oyj (LTS:0MD5) Cyclically Adjusted PB Ratio: 1.21 (As of Aug. 03, 2026) — 31% Below Median

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LTS:0MD5 Exel Composites Oyj LTS:0MD5
55 GF Score
Price €11.45
GF Value €3.89
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Exel Composites Oyj Cyclically Adjusted PB Ratio?

Exel Composites Oyj LTS:0MD5 +3.62% 55 Cyclically Adjusted PB Ratio is 1.21 as of Aug. 03, 2026, which is 31% below its 10-year median of 1.76. GuruFocus rates LTS:0MD5 with a GF Score™ of 55/100 and a GF Value™ of €3.89 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,248 Chemicals companies, Exel Composites Oyj ranks better than 61.7% on this metric.

As of today (2026-08-03), Exel Composites Oyj's current share price is €11.45. Exel Composites Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was €9.46. Exel Composites Oyj's Cyclically Adjusted PB Ratio for today is 1.21.

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

LTS:0MD5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.76   Max: 4.31
Current: 1.2

During the past years, Exel Composites Oyj's highest Cyclically Adjusted PB Ratio was 4.31. The lowest was 0.41. And the median was 1.76.

LTS:0MD5's Cyclically Adjusted PB Ratio is ranked better than
61.7% of 1248 companies
in the Chemicals industry
Industry Median: 1.62 vs LTS:0MD5: 1.20

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.

Exel Composites Oyj's adjusted book value per share data for the three months ended in Dec. 2025 was €3.972. 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 €9.46 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exel Composites Oyj  (LTS:0MD5) 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.


Exel Composites Oyj Cyclically Adjusted PB Ratio Related Terms


Exel Composites Oyj Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Exel Composites Oyj'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.

Exel Composites Oyj Cyclically Adjusted PB Ratio Chart

Exel Composites Oyj 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 3.07 1.89 0.85 0.42 0.72

Exel Composites Oyj Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25
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 0.44 0.42 0.60 0.57 0.72

LTS:0MD5 vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Exel Composites Oyj'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.


Exel Composites Oyj Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


LTS:0MD5
55GF Score
Exel Composites Oyj LTS:0MD5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Exel Composites Oyj 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.

Exel Composites Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.45/9.46
=1.21

* 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.

Exel Composites Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Exel Composites Oyj's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.972/122.6700*122.6700
=3.972

Current CPI (Dec. 2025) = 122.6700.

Exel Composites Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201112 10.508 95.918 13.439
201203 9.059 97.426 11.406
201206 9.707 97.840 12.171
201209 9.946 98.226 12.421
201212 9.407 98.180 11.754
201303 8.599 99.126 10.641
201306 8.441 99.228 10.435
201309 8.564 99.402 10.569
201312 6.835 99.761 8.405
201403 7.289 100.174 8.926
201406 8.114 100.147 9.939
201409 8.546 100.726 10.408
201412 8.893 100.229 10.884
201503 9.060 100.120 11.101
201506 9.236 100.030 11.326
201509 8.944 100.130 10.957
201512 9.191 99.990 11.276
201606 8.368 100.390 10.225
201612 8.083 101.020 9.815
201706 8.195 101.140 9.939
201712 8.679 101.510 10.488
201806 8.291 102.320 9.940
201812 7.766 102.710 9.275
201906 7.529 103.360 8.936
201912 7.922 103.650 9.376
202006 8.056 103.320 9.565
202012 8.691 103.890 10.262
202106 9.406 105.360 10.951
202112 9.198 107.490 10.497
202206 9.670 113.570 10.445
202212 8.992 117.320 9.402
202303 0.000 119.750 0.000
202306 7.164 120.690 7.282
202312 5.237 121.540 5.286
202403 4.948 122.360 4.961
202406 5.221 122.230 5.240
202412 4.457 122.390 4.467
202503 4.221 123.010 4.209
202506 4.016 122.530 4.021
202512 3.972 122.670 3.972

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 1.21 mean?
Exel Composites Oyj (LTS:0MD5) has a Cyclically Adjusted PB Ratio of 1.21 as of Aug. 03, 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 Exel Composites Oyj and its competitors. This is 31% below median its historical median of 1.76. Over the past decade, Exel Composites Oyj's Cyclically Adjusted PB Ratio has ranged from 0.41 to 4.31. According to the industry distribution chart, Exel Composites Oyj ranks #478 out of 1248 companies in the Chemicals industry, placing it in the top 38.3%.
Is Exel Composites Oyj's Cyclically Adjusted PB Ratio too high?
Exel Composites Oyj's current Cyclically Adjusted PB Ratio of 1.21 is 31% below median its 10-year median of 1.76. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 4.31. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.62. Exel Composites Oyj's value of 1.21 is 25.3% below this industry median. Based on the distribution chart, Exel Composites Oyj ranks #478 out of 1248 companies in the Chemicals industry, which is above the industry midpoint. Overall, Exel Composites Oyj has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Exel Composites Oyj's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Exel Composites Oyj ranks #478 out of 1248 companies for Cyclically Adjusted PB Ratio. This puts Exel Composites Oyj in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Exel Composites Oyj's value of 1.21 is 25.3% below this benchmark. Historically, Exel Composites Oyj's own Cyclically Adjusted PB Ratio has ranged from 0.41 to 4.31 over the past decade. While the company's 10-year median is 1.76 vs. the industry median of 1.62, Exel Composites Oyj 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 1.62, based on 1,248 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. Exel Composites Oyj's current Cyclically Adjusted PB Ratio of 1.21 is 25.3% 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 Exel Composites Oyj and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exel Composites Oyj's current Cyclically Adjusted PB Ratio is 1.21, which is 31% below median its own 10-year median of 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Composites Oyj stock overvalued right now?
Based on GuruFocus' analysis, Exel Composites Oyj (LTS:0MD5) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.89, compared to a current price of €11.45 — trading 194.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is 31% below median its 10-year median of 1.76 and 25.3% below the Chemicals industry median of 1.62. Exel Composites Oyj's overall GF Score™ is 55/100 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 Exel Composites Oyj (LTS:0MD5), the current Cyclically Adjusted PB Ratio is 1.21 as of Aug. 03, 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 Exel Composites Oyj (LTS:0MD5) Overvalued in 2026?

Based on GuruFocus' analysis, Exel Composites Oyj stock appears to be overvalued. The current stock price of €11.45 is trading 194.3% above its estimated GF Value™ of €3.89. GuruFocus considers Exel Composites Oyj to be Significantly Overvalued.

Key valuation signals for LTS:0MD5:

  • Cyclically Adjusted PB Ratio: 1.21 (31% below median its 10-year median of 1.76)
  • GF Value™: €3.89 vs. price of €11.45 (194.3% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 25.3% below the Chemicals median (#478 of 1248)

No single metric tells the full story. See the LTS:0MD5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Exel Composites Oyj Business Description

Other Exchanges EXEL:Finland8TY0:Germany
Address Uutelantie 24 B, Mantyharju, FIN, FI-52700
Exel Composites Oyj is a technology company engaged in manufacturers of composite profiles and tubes made with pultrusion and pullwinding technologies and a pultrusion technology forerunner in the composite market. The products offered by the group include tubes, laminates, windows and doors, and others. The firm serves sectors such as transportation, building, construction and infrastructure, energy industry, telecommunication, paper and electrical industries, and cleaning and maintenance. The Group has one operating segment, which is Exel Composites. It has a geographic presence in Europe, North America, Asia-Pacific and the Rest of the World, where the majority of its revenue is generated from Europe.
55GF Score

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

€11.45
Price
€3.89
GF Value