Arkema (MEX:AKE N) Cyclically Adjusted PB Ratio: (As of Sep. 22, 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.
Reviewed by: Charlie Tian Charlie Tian
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.

MEX:AKE N Arkema SA MEX:AKE N
79 GF Score
Price MXN1,601.49
GF Value MXN2,007.20
! 8 Warning Signs
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What is Arkema Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arkema  (MEX:AKE N) 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.


Arkema Cyclically Adjusted PB Ratio Related Terms


Arkema Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arkema'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.

Arkema Cyclically Adjusted PB Ratio Chart

Arkema 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 1.52 1.31 1.11 1.01 0.96

Arkema 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 1.00 0.99 0.98 0.95 0.94

MEX:AKE N vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Arkema'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.


Arkema Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


MEX:AKE N
79GF Score
Arkema SA MEX:AKE N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arkema 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.

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

For example, Arkema'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)
=1628.121/123.5000*123.5000
=1,628.121

Current CPI (Jun. 2026) = 123.5000.

Arkema Quarterly Data

Book Value per Share CPI Adj_Book
201609 993.648 100.340 1,222.997
201612 1,022.533 100.650 1,254.673
201703 985.474 101.170 1,202.985
201706 983.052 101.320 1,198.252
201709 1,049.974 101.330 1,279.698
201712 1,172.586 101.850 1,421.840
201803 1,165.120 102.750 1,400.412
201806 1,233.664 103.370 1,473.904
201809 1,212.821 103.560 1,446.344
201812 1,280.885 103.470 1,528.842
201903 1,301.281 103.890 1,546.907
201906 1,269.197 104.580 1,498.813
201909 1,300.181 104.500 1,536.578
201912 1,283.035 104.980 1,509.381
202003 1,584.430 104.590 1,870.897
202006 1,563.780 104.790 1,842.989
202009 1,551.697 104.550 1,832.947
202012 1,441.932 104.960 1,696.633
202103 1,499.409 105.750 1,751.083
202106 1,587.786 106.340 1,844.006
202109 1,730.700 106.810 2,001.137
202112 1,777.945 107.850 2,035.941
202203 1,833.311 110.490 2,049.180
202206 1,882.317 112.550 2,065.448
202209 1,897.324 112.740 2,078.406
202212 1,845.634 114.160 1,996.635
202303 1,748.224 116.790 1,848.666
202306 1,619.026 117.650 1,699.530
202309 1,653.474 118.260 1,726.738
202312 1,689.025 118.390 1,761.927
202403 1,653.375 119.470 1,709.147
202406 1,785.570 120.200 1,834.591
202409 1,981.221 119.560 2,046.510
202412 2,005.571 119.950 2,064.927
202503 2,015.838 120.380 2,068.084
202506 1,867.011 121.360 1,899.933
202509 1,807.507 120.950 1,845.615
202512 1,739.829 120.890 1,777.392
202603 1,741.877 122.410 1,757.388
202606 1,628.121 123.500 1,628.121

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 Arkema (MEX:AKE N) Overvalued in 2026?

Based on GuruFocus' analysis, Arkema stock appears to be undervalued. The current stock price of MXN1,601.49 is trading 20.2% below its estimated GF Value™ of MXN2,007.20.

Key valuation signals for MEX:AKE N:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN2,007.20 vs. price of MXN1,601.49 (20.2% below fair value)
  • GF Score™: 79/100 with 8 warning signs

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


Arkema Business Description

Address 51 Esplanade du General de Gaulle, Puteaux - La Defense, Paris, FRA, 92800
Arkema SA operates in the specialty materials industry, offering adhesives, acrylics, technical fluids, chemicals, additives, and other materials that are used in various industries globally. Along with its subsidiaries, it operates in the following segments: Adhesive Solutions, Advanced Materials, Intermediates, and Coating Solutions. Maximum revenue is generated from the Advanced Materials segment, which offers high-performance polymers, like specialty polyamides, PVDF, polyimides, fluorospecialties, and PEKK; and performance additives, covering interface agents, organic peroxides, thiochemicals, and hydrogen peroxide. Geographically, the Group generates maximum revenue from North America, followed by Europe, Asia, and the Rest of the world.
79GF Score

Get the complete analysis for MEX:AKE N

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

MXN1,601.49
Price
MXN2,007.20
GF Value