SQM (Sociedad Quimica Y Minera De Chile) Cyclically Adjusted PB Ratio: 5.32 (As of Jul. 23, 2026) — Near Median

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SQM Sociedad Quimica Y Minera De Chile SA SQM
88 GF Score
Price $69.21
GF Value $46.72
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio?

Sociedad Quimica Y Minera De Chile SQM +0.54% 88 Cyclically Adjusted PB Ratio is 5.32 as of Jul. 23, 2026, which is 0% below its 10-year median of 5.33. GuruFocus rates SQM with a GF Score™ of 88/100 and a GF Value™ of $46.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,273 Chemicals companies, Sociedad Quimica Y Minera De Chile ranks worse than 85.39% on this metric.

As of today (2026-07-23), Sociedad Quimica Y Minera De Chile's current share price is $69.21. Sociedad Quimica Y Minera De Chile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.01. Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio for today is 5.32.

The historical rank and industry rank for Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio or its related term are showing as below:

SQM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.54   Med: 5.33   Max: 14.02
Current: 5.43

During the past years, Sociedad Quimica Y Minera De Chile's highest Cyclically Adjusted PB Ratio was 14.02. The lowest was 2.54. And the median was 5.33.

SQM's Cyclically Adjusted PB Ratio is ranked worse than
85.39% of 1273 companies
in the Chemicals industry
Industry Median: 1.65 vs SQM: 5.43

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.

Sociedad Quimica Y Minera De Chile's adjusted book value per share data for the three months ended in Mar. 2026 was $20.488. 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 $13.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sociedad Quimica Y Minera De Chile  (NYSE:SQM) 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.


Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio Related Terms


Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sociedad Quimica Y Minera De Chile'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.

Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio Chart

Sociedad Quimica Y Minera De Chile 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 6.62 8.49 5.68 3.46 0.00

Sociedad Quimica Y Minera De Chile Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.44 2.96 3.58 0.00 6.22

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

For the Specialty Chemicals subindustry, Sociedad Quimica Y Minera De Chile'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.


Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio falls into.


SQM
88GF Score
Sociedad Quimica Y Minera De Chile SA SQM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sociedad Quimica Y Minera De Chile 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.

Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=69.21/13.01
=5.32

* 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.

Sociedad Quimica Y Minera De Chile's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Sociedad Quimica Y Minera De Chile's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=20.488/160.1900*160.1900
=20.488

Current CPI (Mar. 2026) = 160.1900.

Sociedad Quimica Y Minera De Chile Quarterly Data

Book Value per Share CPI Adj_Book
201606 8.530 103.965 13.143
201609 8.630 104.521 13.226
201612 8.474 104.532 12.986
201703 8.281 105.752 12.544
201706 8.259 105.730 12.513
201709 8.271 106.035 12.495
201712 8.254 106.907 12.368
201803 8.275 107.670 12.311
201806 7.880 108.421 11.643
201809 7.870 109.369 11.527
201812 7.868 109.653 11.494
201903 7.878 110.339 11.437
201906 7.882 111.352 11.339
201909 7.896 111.821 11.312
201912 7.871 112.943 11.164
202003 7.794 114.468 10.907
202006 7.830 114.283 10.975
202009 7.725 115.275 10.735
202012 8.010 116.299 11.033
202103 8.161 117.770 11.101
202106 11.210 118.630 15.137
202109 11.502 121.431 15.173
202112 11.138 124.634 14.315
202203 11.211 128.850 13.938
202206 12.375 133.448 14.855
202209 16.135 138.101 18.716
202212 17.143 140.574 19.535
202303 19.008 143.145 21.271
202306 17.204 143.538 19.200
202309 18.365 145.172 20.265
202312 19.363 146.109 21.229
202403 16.284 148.551 17.560
202406 17.284 149.592 18.508
202409 17.800 151.212 18.857
202412 18.068 152.774 18.945
202503 18.392 155.783 18.912
202506 18.744 155.754 19.278
202509 19.226 157.870 19.509
202512 0.000 158.040 0.000
202603 20.488 160.190 20.488

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 5.32 mean?
Sociedad Quimica Y Minera De Chile (SQM) has a Cyclically Adjusted PB Ratio of 5.32 as of Jul. 23, 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 Sociedad Quimica Y Minera De Chile and its competitors. This is near median its historical median of 5.33. Over the past decade, Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio has ranged from 2.54 to 14.02. According to the industry distribution chart, Sociedad Quimica Y Minera De Chile ranks #1087 out of 1273 companies in the Chemicals industry, placing it in the top 85.4%.
Is Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio too high?
Sociedad Quimica Y Minera De Chile's current Cyclically Adjusted PB Ratio of 5.32 is near median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 2.54 to a high of 14.02. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.65. Sociedad Quimica Y Minera De Chile's value of 5.32 is 222.4% above this industry median. Based on the distribution chart, Sociedad Quimica Y Minera De Chile ranks #1087 out of 1273 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sociedad Quimica Y Minera De Chile has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sociedad Quimica Y Minera De Chile ranks #1087 out of 1273 companies for Cyclically Adjusted PB Ratio. This places Sociedad Quimica Y Minera De Chile in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.65. Sociedad Quimica Y Minera De Chile's value of 5.32 is 222.4% above this benchmark. Historically, Sociedad Quimica Y Minera De Chile's own Cyclically Adjusted PB Ratio has ranged from 2.54 to 14.02 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 1.65, Sociedad Quimica Y Minera De Chile 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 1,273 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. Sociedad Quimica Y Minera De Chile's current Cyclically Adjusted PB Ratio of 5.32 is 222.4% 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 Sociedad Quimica Y Minera De Chile 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. Sociedad Quimica Y Minera De Chile's current Cyclically Adjusted PB Ratio is 5.32, which is near median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sociedad Quimica Y Minera De Chile stock overvalued right now?
Based on GuruFocus' analysis, Sociedad Quimica Y Minera De Chile (SQM) is currently considered Significantly Overvalued. The stock's GF Value™ is $46.72, compared to a current price of $69.21 — trading 48.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.32, which is near median its 10-year median of 5.33 and 222.4% above the Chemicals industry median of 1.65. Sociedad Quimica Y Minera De Chile's overall GF Score™ is 88/100 with 5 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 Sociedad Quimica Y Minera De Chile (SQM), the current Cyclically Adjusted PB Ratio is 5.32 as of Jul. 23, 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 Sociedad Quimica Y Minera De Chile (SQM) Overvalued in 2026?

Based on GuruFocus' analysis, Sociedad Quimica Y Minera De Chile stock appears to be overvalued. The current stock price of $69.21 is trading 48.1% above its estimated GF Value™ of $46.72. GuruFocus considers Sociedad Quimica Y Minera De Chile to be Significantly Overvalued.

Key valuation signals for SQM:

  • Cyclically Adjusted PB Ratio: 5.32 (near median its 10-year median of 5.33)
  • GF Value™: $46.72 vs. price of $69.21 (48.1% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 222.4% above the Chemicals median (#1087 of 1273)

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


Sociedad Quimica Y Minera De Chile Business Description

Address El Trovador 4285, 6th Floor, Las Condes, Santiago, CHL
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM also sells lithium concentrate from a joint venture hard rock lithium project in Australia and expanding its lithium refining assets in China.
88GF Score

Get the complete analysis for SQM

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

$69.21
Price
$46.72
GF Value