Innospec (STU:OCT) Cyclically Adjusted PB Ratio: 1.87 (As of Sep. 22, 2026) — 39% Below Median

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STU:OCT Innospec Inc STU:OCT
79 GF Score
Price €80.00
GF Value €81.45
! 5 Warning Signs
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What is Innospec Cyclically Adjusted PB Ratio?

Innospec STU:OCT 79 Cyclically Adjusted PB Ratio is 1.87 as of Sep. 22, 2026, which is 39% below its 10-year median of 3.09. GuruFocus rates STU:OCT with a GF Score™ of 79/100 and a GF Value™ of €81.45. The stock has 5 warning signs investors should review. Among 1,099 Chemicals companies, Innospec ranks worse than 55.78% on this metric.

As of today (2026-09-22), Innospec's current share price is €80.00. Innospec's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €42.85. Innospec's Cyclically Adjusted PB Ratio for today is 1.87.

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

STU:OCT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 3.09   Max: 4.57
Current: 1.94

During the past years, Innospec's highest Cyclically Adjusted PB Ratio was 4.57. The lowest was 1.44. And the median was 3.09.

STU:OCT's Cyclically Adjusted PB Ratio is ranked worse than
55.78% of 1099 companies
in the Chemicals industry
Industry Median: 1.67 vs STU:OCT: 1.94

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.

Innospec's adjusted book value per share data for the three months ended in Jun. 2026 was €47.975. 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 €42.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innospec  (STU:OCT) 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.


Innospec Cyclically Adjusted PB Ratio Related Terms


Innospec Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Innospec'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.

Innospec Cyclically Adjusted PB Ratio Chart

Innospec 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 - - 3.13 2.70 1.60

Innospec 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 1.79 1.60 1.62 1.49 1.66

STU:OCT vs CC, NGVT, STDN: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Innospec'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.


Innospec Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


STU:OCT
79GF Score
Innospec Inc STU:OCT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Innospec 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.00/42.848
=1.87

* 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.

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

For example, Innospec'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)
=47.975/333.9520*333.9520
=47.975

Current CPI (Jun. 2026) = 333.9520.

Innospec Quarterly Data

Book Value per Share CPI Adj_Book
201609 24.200 241.428 33.474
201612 25.751 241.432 35.619
201703 26.212 243.801 35.904
201706 25.588 244.955 34.885
201709 26.210 246.819 35.463
201712 27.165 246.524 36.799
201803 27.482 249.554 36.776
201806 28.754 251.989 38.107
201809 29.621 252.439 39.186
201812 29.555 251.233 39.286
201903 30.884 254.202 40.573
201906 30.952 256.143 40.354
201909 33.035 256.759 42.967
201912 33.403 256.974 43.409
202003 35.040 258.115 45.335
202006 32.605 257.797 42.237
202009 32.127 260.280 41.221
202012 31.398 260.474 40.255
202103 33.162 264.877 41.810
202106 33.337 271.696 40.976
202109 34.769 274.310 42.329
202112 36.667 278.802 43.920
202203 38.714 287.504 44.968
202206 41.223 296.311 46.460
202209 44.991 296.808 50.621
202212 39.363 296.797 44.291
202303 39.994 301.836 44.249
202306 40.356 305.109 44.171
202309 42.849 307.789 46.491
202312 41.849 306.746 45.561
202403 44.051 312.332 47.100
202406 44.738 314.175 47.554
202409 44.820 315.301 47.471
202412 47.052 315.605 49.787
202503 46.917 319.799 48.993
202506 44.531 322.561 46.104
202509 44.752 324.800 46.013
202512 45.804 324.054 47.203
202603 47.479 330.213 48.017
202606 47.975 333.952 47.975

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 1.87 mean?
Innospec (STU:OCT) has a Cyclically Adjusted PB Ratio of 1.87 as of Sep. 22, 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 Innospec and its competitors. This is 39% below median its historical median of 3.09. Over the past decade, Innospec's Cyclically Adjusted PB Ratio has ranged from 1.44 to 4.57. According to the industry distribution chart, Innospec ranks #613 out of 1099 companies in the Chemicals industry, placing it in the top 55.8%.
Is Innospec's Cyclically Adjusted PB Ratio too high?
Innospec's current Cyclically Adjusted PB Ratio of 1.87 is 39% below median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 4.57. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Innospec's value of 1.87 is 12% above this industry median. Based on the distribution chart, Innospec ranks #613 out of 1099 companies in the Chemicals industry, which is below the industry midpoint. Overall, Innospec has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Innospec's Cyclically Adjusted PB Ratio compare to CC and NGVT?
According to the Chemicals industry distribution chart, Innospec ranks #613 out of 1099 companies for Cyclically Adjusted PB Ratio. This places Innospec in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Innospec's value of 1.87 is 12% above this benchmark. Historically, Innospec's own Cyclically Adjusted PB Ratio has ranged from 1.44 to 4.57 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 1.67, Innospec 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 1.67, based on 1,099 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. Innospec's current Cyclically Adjusted PB Ratio of 1.87 is 12% 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 Innospec 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. Innospec's current Cyclically Adjusted PB Ratio is 1.87, which is 39% below median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innospec stock overvalued right now?
Innospec (STU:OCT) has a current Cyclically Adjusted PB Ratio of 1.87. The stock's GF Value™ is €81.45, compared to a current price of €80.00 — trading 1.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.87, which is 39% below median its 10-year median of 3.09 and 12% above the Chemicals industry median of 1.67. Innospec's overall GF Score™ is 79/100 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 Innospec (STU:OCT), the current Cyclically Adjusted PB Ratio is 1.87 as of Sep. 22, 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 Innospec (STU:OCT) Overvalued in 2026?

Based on GuruFocus' analysis, Innospec stock appears to be undervalued. The current stock price of €80.00 is trading 1.8% below its estimated GF Value™ of €81.45.

Key valuation signals for STU:OCT:

  • Cyclically Adjusted PB Ratio: 1.87 (39% below median its 10-year median of 3.09)
  • GF Value™: €81.45 vs. price of €80.00 (1.8% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 12% above the Chemicals median (#613 of 1099)

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


Innospec Business Description

Other Exchanges IOSP:USA0JAX:UKOCT:Germany
Address 8310 South Valley Highway, Suite 350, Englewood, CO, USA, 80112
Innospec Inc. is a specialty chemicals company that develops, manufactures, and supplies products for a range of industrial and consumer markets. It operates through three segments: Performance Chemicals, which provides technology-based ingredients and formulations for personal care, home care, agrochemical, construction, mining, and other industrial applications; Fuel Specialties, which produces and blends specialty additives for diesel, jet, marine, fuel oil, and other fuels; and Oilfield Services, which supplies chemical solutions for drilling, completion, production, and oil and gas applications. The company serves customers worldwide, including fuel refiners and marketers, oilfield service providers, and manufacturers of consumer and industrial products. Innospec generates revenue primarily through the sale of its specialty chemical products and related technical services across its three reporting segments, with operations and sales spanning the Americas, Europe, the Middle East, Africa, and Asia-Pacific.
79GF Score

Get the complete analysis for STU:OCT

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

€80.00
Price
€81.45
GF Value