OCINF (OCI NV) Cyclically Adjusted PB Ratio: 0.53 (As of Jul. 18, 2026) — 84% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

OCINF OCI NV OCINF
52 GF Score
Price $4.45
GF Value $12.49
Valuation Possible Value Trap
! 6 Warning Signs
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What is OCI NV Cyclically Adjusted PB Ratio?

OCI NV OCINF 52 Cyclically Adjusted PB Ratio is 0.53 as of Jul. 18, 2026, which is 84% below its 10-year median of 3.22. GuruFocus rates OCINF with a GF Score™ of 52/100 and a GF Value™ of $12.49 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,282 Chemicals companies, OCI NV ranks better than 86.43% on this metric.

As of today (2026-07-18), OCI NV's current share price is $4.45. OCI NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $8.39. OCI NV's Cyclically Adjusted PB Ratio for today is 0.53.

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

OCINF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 3.22   Max: 6.4
Current: 0.56

During the past 13 years, OCI NV's highest Cyclically Adjusted PB Ratio was 6.40. The lowest was 0.40. And the median was 3.22.

OCINF's Cyclically Adjusted PB Ratio is ranked better than
86.43% of 1282 companies
in the Chemicals industry
Industry Median: 1.705 vs OCINF: 0.56

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.

OCI NV's adjusted book value per share data of for the fiscal year that ended in Dec25 was $5.093. 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 $8.39 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


OCI NV  (OTCPK:OCINF) 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.


OCI NV Cyclically Adjusted PB Ratio Related Terms


OCI NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for OCI 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.

OCI NV Cyclically Adjusted PB Ratio Chart

OCI 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 3.47 4.45 3.64 1.46 0.42

OCI NV Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 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 3.64 0.00 1.46 0.98 0.42

OCINF vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, OCI 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.


OCI NV Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


OCINF
52GF Score
OCI NV OCINF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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OCI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.45/8.39
=0.53

* 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.

OCI NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, OCI NV's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=5.093/135.2700*135.2700
=5.093

Current CPI (Dec25) = 135.2700.

OCI NV Annual Data

Book Value per Share CPI Adj_Book
201612 6.474 100.710 8.696
201712 5.388 101.970 7.148
201812 4.813 103.970 6.262
201912 6.477 106.800 8.204
202012 5.396 107.850 6.768
202112 9.524 114.010 11.300
202212 11.044 124.940 11.957
202312 4.397 126.450 4.704
202412 10.632 131.630 10.926
202512 5.093 135.270 5.093

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 0.53 mean?
OCI NV (OCINF) has a Cyclically Adjusted PB Ratio of 0.53 as of Jul. 18, 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 OCI NV and its competitors. This is 84% below median its historical median of 3.22. Over the past decade, OCI NV's Cyclically Adjusted PB Ratio has ranged from 0.40 to 6.40. According to the industry distribution chart, OCI NV ranks #174 out of 1282 companies in the Chemicals industry, placing it in the top 13.6%.
Is OCI NV's Cyclically Adjusted PB Ratio too high?
OCI NV's current Cyclically Adjusted PB Ratio of 0.53 is 84% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 6.40. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.71. OCI NV's value of 0.53 is 68.9% below this industry median. Based on the distribution chart, OCI NV ranks #174 out of 1282 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, OCI NV has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OCI NV's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, OCI NV ranks #174 out of 1282 companies for Cyclically Adjusted PB Ratio. This places OCI NV in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.71. OCI NV's value of 0.53 is 68.9% below this benchmark. Historically, OCI NV's own Cyclically Adjusted PB Ratio has ranged from 0.40 to 6.40 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.71, OCI NV 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 1.71, based on 1,282 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. OCI NV's current Cyclically Adjusted PB Ratio of 0.53 is 68.9% 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 OCI NV and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OCI NV's current Cyclically Adjusted PB Ratio is 0.53, which is 84% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OCI NV stock overvalued right now?
Based on GuruFocus' analysis, OCI NV (OCINF) is currently considered Possible Value Trap. The stock's GF Value™ is $12.49, compared to a current price of $4.45 — trading 64.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 84% below median its 10-year median of 3.22 and 68.9% below the Chemicals industry median of 1.71. OCI NV's overall GF Score™ is 52/100 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 OCI NV (OCINF), the current Cyclically Adjusted PB Ratio is 0.53 as of Jul. 18, 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 OCI NV (OCINF) Overvalued in 2026?

Based on GuruFocus' analysis, OCI NV stock appears to be undervalued. The current stock price of $4.45 is trading 64.4% below its estimated GF Value™ of $12.49. GuruFocus considers OCI NV to be Possible Value Trap.

Key valuation signals for OCINF:

  • Cyclically Adjusted PB Ratio: 0.53 (84% below median its 10-year median of 3.22)
  • GF Value™: $12.49 vs. price of $4.45 (64.4% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 68.9% below the Chemicals median (#174 of 1282)

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


OCI NV Business Description

Address Honthorststraat 19, Amsterdam, NH, NLD, 1071
OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The reportable segments are: Nitrogen Europe and Other. The Nitrogen Europe segment consists of OCI Nitrogen (OCIN) and OCI Terminal Europoort B.V. Nitrogen is an integrated nitrates fertilizer producer and melamine producer with a production site in Geleen, the Netherlands. The company generates the majority of its revenue from Europe.
52GF Score

Get the complete analysis for OCINF

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

$4.45
Price
$12.49
GF Value