Wacker Chemie AG (MIL:1WCH) Cyclically Adjusted PB Ratio: 1.09 (As of Aug. 10, 2026) — 38% Below Median

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MIL:1WCH Wacker Chemie AG MIL:1WCH
41 GF Score
Price €86.55
GF Value €87.87
Valuation Fairly Valued
! 6 Warning Signs
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What is Wacker Chemie AG Cyclically Adjusted PB Ratio?

Wacker Chemie AG MIL:1WCH 41 Cyclically Adjusted PB Ratio is 1.09 as of Aug. 10, 2026, which is 38% below its 10-year median of 1.77. GuruFocus rates MIL:1WCH with a GF Score™ of 41/100 and a GF Value™ of €87.87 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,227 Chemicals companies, Wacker Chemie AG ranks better than 60.88% on this metric.

As of today (2026-08-10), Wacker Chemie AG's current share price is €86.55. Wacker Chemie AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €79.46. Wacker Chemie AG's Cyclically Adjusted PB Ratio for today is 1.09.

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

MIL:1WCH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.77   Max: 3.58
Current: 1.27

During the past years, Wacker Chemie AG's highest Cyclically Adjusted PB Ratio was 3.58. The lowest was 0.67. And the median was 1.77.

MIL:1WCH's Cyclically Adjusted PB Ratio is ranked better than
60.88% of 1227 companies
in the Chemicals industry
Industry Median: 1.67 vs MIL:1WCH: 1.27

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.

Wacker Chemie AG's adjusted book value per share data for the three months ended in Jun. 2026 was €80.687. 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 €79.46 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacker Chemie AG  (MIL:1WCH) 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.


Wacker Chemie AG Cyclically Adjusted PB Ratio Related Terms


Wacker Chemie AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Wacker Chemie AG'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.

Wacker Chemie AG Cyclically Adjusted PB Ratio Chart

Wacker Chemie AG 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 2.46 2.01 1.83 1.05 0.98

Wacker Chemie AG Quarterly Data
Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar23 Jun23 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 0.90 0.91 0.98 1.16 1.23

MIL:1WCH vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Wacker Chemie AG'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.


Wacker Chemie AG Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


MIL:1WCH
41GF Score
Wacker Chemie AG MIL:1WCH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wacker Chemie AG 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.

Wacker Chemie AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.55/79.46
=1.09

* 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.

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

For example, Wacker Chemie AG'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)
=80.687/131.3638*131.3638
=80.687

Current CPI (Jun. 2026) = 131.3638.

Wacker Chemie AG Quarterly Data

Book Value per Share CPI Adj_Book
201506 49.557 100.417 64.830
201509 50.856 100.417 66.529
201512 51.697 99.717 68.104
201603 46.187 100.017 60.663
201606 39.971 100.717 52.134
201609 38.848 101.017 50.519
201612 47.896 101.217 62.162
201703 63.785 101.417 82.620
201706 62.199 102.117 80.013
201709 63.547 102.717 81.270
201712 62.788 102.617 80.377
201803 62.579 102.917 79.876
201806 60.659 104.017 76.606
201809 62.168 104.718 77.987
201812 62.144 104.217 78.331
201903 59.835 104.217 75.421
201906 52.506 105.718 65.244
201909 51.262 106.018 63.517
201912 39.593 105.818 49.151
202003 48.814 105.718 60.656
202006 38.731 106.618 47.720
202009 35.642 105.818 44.247
202012 32.715 105.518 40.728
202106 44.776 108.486 54.219
202112 60.761 110.384 72.310
202206 89.788 115.760 101.891
202212 97.907 119.345 107.767
202303 0.000 122.402 0.000
202306 89.581 123.140 95.563
202312 88.909 123.773 94.362
202403 0.000 125.038 0.000
202406 89.879 125.882 93.793
202409 0.000 126.198 0.000
202412 93.989 127.041 97.187
202503 92.922 127.779 95.529
202506 87.357 128.412 89.365
202509 85.954 129.255 87.356
202512 72.455 129.361 73.577
202603 73.538 131.258 73.597
202606 80.687 131.364 80.687

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 1.09 mean?
Wacker Chemie AG (MIL:1WCH) has a Cyclically Adjusted PB Ratio of 1.09 as of Aug. 10, 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 Wacker Chemie AG and its competitors. This is 38% below median its historical median of 1.77. Over the past decade, Wacker Chemie AG's Cyclically Adjusted PB Ratio has ranged from 0.67 to 3.58. According to the industry distribution chart, Wacker Chemie AG ranks #480 out of 1227 companies in the Chemicals industry, placing it in the top 39.1%.
Is Wacker Chemie AG's Cyclically Adjusted PB Ratio too high?
Wacker Chemie AG's current Cyclically Adjusted PB Ratio of 1.09 is 38% below median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 3.58. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Wacker Chemie AG's value of 1.09 is 34.7% below this industry median. Based on the distribution chart, Wacker Chemie AG ranks #480 out of 1227 companies in the Chemicals industry, which is above the industry midpoint. Overall, Wacker Chemie AG has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wacker Chemie AG's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Wacker Chemie AG ranks #480 out of 1227 companies for Cyclically Adjusted PB Ratio. This puts Wacker Chemie AG in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Wacker Chemie AG's value of 1.09 is 34.7% below this benchmark. Historically, Wacker Chemie AG's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 3.58 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.67, Wacker Chemie AG 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 1.67, based on 1,227 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. Wacker Chemie AG's current Cyclically Adjusted PB Ratio of 1.09 is 34.7% 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 Wacker Chemie AG and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wacker Chemie AG's current Cyclically Adjusted PB Ratio is 1.09, which is 38% below median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wacker Chemie AG stock overvalued right now?
Based on GuruFocus' analysis, Wacker Chemie AG (MIL:1WCH) is currently considered Fairly Valued. The stock's GF Value™ is €87.87, compared to a current price of €86.55 — trading 1.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.09, which is 38% below median its 10-year median of 1.77 and 34.7% below the Chemicals industry median of 1.67. Wacker Chemie AG's overall GF Score™ is 41/100 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 Wacker Chemie AG (MIL:1WCH), the current Cyclically Adjusted PB Ratio is 1.09 as of Aug. 10, 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 Wacker Chemie AG (MIL:1WCH) Overvalued in 2026?

Based on GuruFocus' analysis, Wacker Chemie AG stock appears to be undervalued. The current stock price of €86.55 is trading 1.5% below its estimated GF Value™ of €87.87. GuruFocus considers Wacker Chemie AG to be Fairly Valued.

Key valuation signals for MIL:1WCH:

  • Cyclically Adjusted PB Ratio: 1.09 (38% below median its 10-year median of 1.77)
  • GF Value™: €87.87 vs. price of €86.55 (1.5% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 34.7% below the Chemicals median (#480 of 1227)

No single metric tells the full story. See the MIL:1WCH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wacker Chemie AG Business Description

Address Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737
Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the majority revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, Asia and South Korea.
41GF Score

Get the complete analysis for MIL:1WCH

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

€86.55
Price
€87.87
GF Value