LYB (LyondellBasell Industries NV) Cyclically Adjusted PB Ratio: 1.73 (As of Aug. 13, 2026) — 46% Below Median

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LYB LyondellBasell Industries NV LYB
69 GF Score
Price $62.40
GF Value $72.87
Valuation Modestly Undervalued
! 6 Warning Signs
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What is LyondellBasell Industries NV Cyclically Adjusted PB Ratio?

LyondellBasell Industries NV LYB -0.64% 69 Cyclically Adjusted PB Ratio is 1.73 as of Aug. 13, 2026, which is 46% below its 10-year median of 3.23. GuruFocus rates LYB with a GF Score™ of 69/100 and a GF Value™ of $72.87 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,218 Chemicals companies, LyondellBasell Industries NV ranks worse than 52.63% on this metric.

As of today (2026-08-13), LyondellBasell Industries NV's current share price is $62.40. LyondellBasell Industries NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $36.04. LyondellBasell Industries NV's Cyclically Adjusted PB Ratio for today is 1.73.

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

LYB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 3.23   Max: 5.17
Current: 1.74

During the past years, LyondellBasell Industries NV's highest Cyclically Adjusted PB Ratio was 5.17. The lowest was 1.25. And the median was 3.23.

LYB's Cyclically Adjusted PB Ratio is ranked worse than
52.63% of 1218 companies
in the Chemicals industry
Industry Median: 1.65 vs LYB: 1.74

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.

LyondellBasell Industries NV's adjusted book value per share data for the three months ended in Jun. 2026 was $33.037. 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 $36.04 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


LyondellBasell Industries NV  (NYSE:LYB) 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.


LyondellBasell Industries NV Cyclically Adjusted PB Ratio Related Terms


LyondellBasell Industries NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for LyondellBasell Industries NV'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.

LyondellBasell Industries NV Cyclically Adjusted PB Ratio Chart

LyondellBasell Industries NV 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 3.83 3.01 3.17 2.29 1.24

LyondellBasell Industries NV 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 1.70 1.43 1.24 2.28 1.46

LYB vs IFF, DD, RPM: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, LyondellBasell Industries NV'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.


LyondellBasell Industries NV Cyclically Adjusted PB Ratio vs Chemicals Industry

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

* The bar in red indicates where LyondellBasell Industries NV's Cyclically Adjusted PB Ratio falls into.


LYB
69GF Score
LyondellBasell Industries NV LYB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LyondellBasell Industries NV 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.

LyondellBasell Industries NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=62.40/36.04
=1.73

* 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.

LyondellBasell Industries NV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, LyondellBasell Industries NV'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)
=33.037/142.3000*142.3000
=33.037

Current CPI (Jun. 2026) = 142.3000.

LyondellBasell Industries NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.864 101.500 20.839
201612 14.970 102.200 20.844
201703 16.043 102.700 22.229
201706 17.275 103.500 23.751
201709 18.572 104.300 25.338
201712 22.684 105.000 30.742
201803 24.723 105.100 33.474
201806 27.161 105.900 36.497
201809 28.524 106.600 38.077
201812 27.301 107.100 36.274
201903 27.376 107.000 36.408
201906 28.945 107.900 38.173
201909 23.659 108.400 31.058
201912 24.122 108.500 31.637
202003 21.948 108.600 28.759
202006 22.041 108.800 28.828
202009 21.880 109.200 28.512
202012 23.864 109.400 31.041
202103 26.323 109.700 34.146
202106 31.462 111.400 40.189
202109 35.369 112.400 44.778
202112 35.984 114.700 44.643
202203 38.755 116.500 47.338
202206 37.373 120.500 44.134
202209 37.439 122.300 43.561
202212 38.696 125.300 43.946
202303 39.085 126.800 43.863
202306 39.847 129.400 43.819
202309 40.711 130.100 44.529
202312 39.848 130.500 43.451
202403 39.890 131.600 43.133
202406 41.371 133.000 44.264
202409 42.236 133.500 45.020
202412 38.476 135.100 40.527
202503 37.805 136.100 39.527
202506 37.027 138.400 38.070
202509 32.933 138.900 33.739
202512 31.302 139.900 31.839
202603 31.106 140.800 31.437
202606 33.037 142.300 33.037

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 1.73 mean?
LyondellBasell Industries NV (LYB) has a Cyclically Adjusted PB Ratio of 1.73 as of Aug. 13, 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 LyondellBasell Industries NV and its competitors. This is 46% below median its historical median of 3.23. Over the past decade, LyondellBasell Industries NV's Cyclically Adjusted PB Ratio has ranged from 1.25 to 5.17. According to the industry distribution chart, LyondellBasell Industries NV ranks #641 out of 1218 companies in the Chemicals industry, placing it in the top 52.6%.
Is LyondellBasell Industries NV's Cyclically Adjusted PB Ratio too high?
LyondellBasell Industries NV's current Cyclically Adjusted PB Ratio of 1.73 is 46% below median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 5.17. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. LyondellBasell Industries NV's value of 1.73 is 4.8% above this industry median. Based on the distribution chart, LyondellBasell Industries NV ranks #641 out of 1218 companies in the Chemicals industry, which is below the industry midpoint. Overall, LyondellBasell Industries NV has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LyondellBasell Industries NV's Cyclically Adjusted PB Ratio compare to IFF and DD?
According to the Chemicals industry distribution chart, LyondellBasell Industries NV ranks #641 out of 1218 companies for Cyclically Adjusted PB Ratio. This places LyondellBasell Industries NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. LyondellBasell Industries NV's value of 1.73 is 4.8% above this benchmark. Historically, LyondellBasell Industries NV's own Cyclically Adjusted PB Ratio has ranged from 1.25 to 5.17 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 1.65, LyondellBasell Industries NV 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 1.65, based on 1,218 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. LyondellBasell Industries NV's current Cyclically Adjusted PB Ratio of 1.73 is 4.8% 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 LyondellBasell Industries NV and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LyondellBasell Industries NV's current Cyclically Adjusted PB Ratio is 1.73, which is 46% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LyondellBasell Industries NV stock overvalued right now?
Based on GuruFocus' analysis, LyondellBasell Industries NV (LYB) is currently considered Modestly Undervalued. The stock's GF Value™ is $72.87, compared to a current price of $62.40 — trading 14.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.73, which is 46% below median its 10-year median of 3.23 and 4.8% above the Chemicals industry median of 1.65. LyondellBasell Industries NV's overall GF Score™ is 69/100 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 LyondellBasell Industries NV (LYB), the current Cyclically Adjusted PB Ratio is 1.73 as of Aug. 13, 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 LyondellBasell Industries NV (LYB) Overvalued in 2026?

Based on GuruFocus' analysis, LyondellBasell Industries NV stock appears to be undervalued. The current stock price of $62.40 is trading 14.4% below its estimated GF Value™ of $72.87. GuruFocus considers LyondellBasell Industries NV to be Modestly Undervalued.

Key valuation signals for LYB:

  • Cyclically Adjusted PB Ratio: 1.73 (46% below median its 10-year median of 3.23)
  • GF Value™: $72.87 vs. price of $62.40 (14.4% below fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 4.8% above the Chemicals median (#641 of 1218)

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


LyondellBasell Industries NV Business Description

Address One Vine Street, 4th Floor, London, GBR, W1J0AH
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production comes from its North American operations.
69GF Score

Get the complete analysis for LYB

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

$62.40
Price
$72.87
GF Value