Ingevity (MEX:NGVT) Cyclically Adjusted PB Ratio: 5.94 (As of Aug. 07, 2026) — 69% Above Median

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MEX:NGVT Ingevity Corp MEX:NGVT
62 GF Score
Price MXN1,430.00
GF Value MXN856.41
! 7 Warning Signs
View Full Analysis

What is Ingevity Cyclically Adjusted PB Ratio?

Ingevity MEX:NGVT 62 Cyclically Adjusted PB Ratio is 5.94 as of Aug. 07, 2026, which is 69% above its 10-year median of 3.51. GuruFocus rates MEX:NGVT with a GF Score™ of 62/100 and a GF Value™ of MXN856.41. The stock has 7 warning signs investors should review. Among 1,236 Chemicals companies, Ingevity ranks worse than 88.75% on this metric.

As of today (2026-08-07), Ingevity's current share price is MXN1430.00. Ingevity's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN240.54. Ingevity's Cyclically Adjusted PB Ratio for today is 5.94.

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

MEX:NGVT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.51   Max: 6.17
Current: 6.14

During the past years, Ingevity's highest Cyclically Adjusted PB Ratio was 6.17. The lowest was 2.33. And the median was 3.51.

MEX:NGVT's Cyclically Adjusted PB Ratio is ranked worse than
88.75% of 1236 companies
in the Chemicals industry
Industry Median: 1.61 vs MEX:NGVT: 6.14

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.

Ingevity's adjusted book value per share data for the three months ended in Jun. 2026 was MXN23.732. 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 MXN240.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ingevity  (MEX:NGVT) 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.


Ingevity Cyclically Adjusted PB Ratio Related Terms


Ingevity Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ingevity'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.

Ingevity Cyclically Adjusted PB Ratio Chart

Ingevity 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 0.00 0.00 0.00 3.02 4.67

Ingevity 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 3.24 4.22 4.67 5.70 5.94

MEX:NGVT vs CC, KWR, MTX: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Ingevity'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.


Ingevity Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


MEX:NGVT
62GF Score
Ingevity Corp MEX:NGVT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ingevity 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.

Ingevity's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1430.00/240.54
=5.94

* 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.

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

For example, Ingevity'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)
=23.732/333.9520*333.9520
=23.732

Current CPI (Jun. 2026) = 333.9520.

Ingevity Quarterly Data

Book Value per Share CPI Adj_Book
201609 57.535 241.428 79.585
201612 62.170 241.432 85.994
201703 66.932 243.801 91.682
201706 79.596 244.955 108.515
201709 95.595 246.819 129.342
201712 123.141 246.524 166.812
201803 129.171 249.554 172.856
201806 157.861 251.989 209.208
201809 143.744 252.439 190.159
201812 159.508 251.233 212.026
201903 166.365 254.202 218.558
201906 183.923 256.143 239.794
201909 209.284 256.759 272.204
201912 239.346 256.974 311.043
202003 285.918 258.115 369.924
202006 292.533 257.797 378.949
202009 330.204 260.280 423.668
202012 315.296 260.474 404.239
202103 337.248 264.877 425.196
202106 344.570 271.696 423.524
202109 336.564 274.310 409.742
202112 351.991 278.802 421.619
202203 352.832 287.504 409.834
202206 346.100 296.311 390.066
202209 341.307 296.808 384.020
202212 364.998 296.797 410.691
202303 353.639 301.836 391.267
202306 338.115 305.109 370.078
202309 345.532 307.789 374.903
202312 295.795 306.746 322.030
202403 259.608 312.332 277.578
202406 143.576 314.175 152.614
202409 116.205 315.301 123.079
202412 111.995 315.605 118.506
202503 131.673 319.799 137.500
202506 62.325 322.561 64.526
202509 70.279 324.800 72.259
202512 15.070 324.054 15.530
202603 20.107 330.213 20.335
202606 23.732 333.952 23.732

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 5.94 mean?
Ingevity (MEX:NGVT) has a Cyclically Adjusted PB Ratio of 5.94 as of Aug. 07, 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 Ingevity and its competitors. This is 69% above median its historical median of 3.51. Over the past decade, Ingevity's Cyclically Adjusted PB Ratio has ranged from 2.33 to 6.17. According to the industry distribution chart, Ingevity ranks #1097 out of 1236 companies in the Chemicals industry, placing it in the top 88.8%.
Is Ingevity's Cyclically Adjusted PB Ratio too high?
Ingevity's current Cyclically Adjusted PB Ratio of 5.94 is 69% above median its 10-year median of 3.51. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 6.17. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Ingevity's value of 5.94 is 268.9% above this industry median. Based on the distribution chart, Ingevity ranks #1097 out of 1236 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ingevity has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Ingevity's Cyclically Adjusted PB Ratio compare to CC and KWR?
According to the Chemicals industry distribution chart, Ingevity ranks #1097 out of 1236 companies for Cyclically Adjusted PB Ratio. This places Ingevity in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Ingevity's value of 5.94 is 268.9% above this benchmark. Historically, Ingevity's own Cyclically Adjusted PB Ratio has ranged from 2.33 to 6.17 over the past decade. While the company's 10-year median is 3.51 vs. the industry median of 1.61, Ingevity 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 1.61, based on 1,236 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. Ingevity's current Cyclically Adjusted PB Ratio of 5.94 is 268.9% 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 Ingevity and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingevity's current Cyclically Adjusted PB Ratio is 5.94, which is 69% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingevity stock overvalued right now?
Ingevity (MEX:NGVT) has a current Cyclically Adjusted PB Ratio of 5.94. The stock's GF Value™ is MXN856.41, compared to a current price of MXN1,430.00 — trading 67% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.94, which is 69% above median its 10-year median of 3.51 and 268.9% above the Chemicals industry median of 1.61. Ingevity's overall GF Score™ is 62/100 with 7 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 Ingevity (MEX:NGVT), the current Cyclically Adjusted PB Ratio is 5.94 as of Aug. 07, 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 Ingevity (MEX:NGVT) Overvalued in 2026?

Based on GuruFocus' analysis, Ingevity stock appears to be overvalued. The current stock price of MXN1,430.00 is trading 67% above its estimated GF Value™ of MXN856.41.

Key valuation signals for MEX:NGVT:

  • Cyclically Adjusted PB Ratio: 5.94 (69% above median its 10-year median of 3.51)
  • GF Value™: MXN856.41 vs. price of MXN1,430.00 (67% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 268.9% above the Chemicals median (#1097 of 1236)

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


Ingevity Business Description

Other Exchanges NGVT:USAIGX:Germany
Address 4920 O\'Hear Avenue, Suite 400, North Charleston, SC, USA, 29405
Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through three segments, namely Performance Chemicals, Advanced Polymer Technologies, and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals that find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focuses on automotive carbon products used in automobiles. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers. The company generates the majority of its revenue from North America.
62GF Score

Get the complete analysis for MEX:NGVT

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

MXN1,430.00
Price
MXN856.41
GF Value