PCC Exol (WAR:PCX) Cyclically Adjusted PB Ratio: 0.74 (As of Jul. 19, 2026) — 44% Below Median

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WAR:PCX PCC Exol SA WAR:PCX
69 GF Score
Price zł1.92
GF Value zł2.90
Valuation Significantly Undervalued
! 7 Warning Signs
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What is PCC Exol Cyclically Adjusted PB Ratio?

PCC Exol WAR:PCX -2.30% 69 Cyclically Adjusted PB Ratio is 0.74 as of Jul. 19, 2026, which is 44% below its 10-year median of 1.32. GuruFocus rates WAR:PCX with a GF Score™ of 69/100 and a GF Value™ of zł2.90 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,278 Chemicals companies, PCC Exol ranks better than 79.42% on this metric.

As of today (2026-07-19), PCC Exol's current share price is zł1.915. PCC Exol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł2.59. PCC Exol's Cyclically Adjusted PB Ratio for today is 0.74.

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

WAR:PCX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 1.32   Max: 2.15
Current: 0.74

During the past years, PCC Exol's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.73. And the median was 1.32.

WAR:PCX's Cyclically Adjusted PB Ratio is ranked better than
79.42% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs WAR:PCX: 0.74

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.

PCC Exol's adjusted book value per share data for the three months ended in Mar. 2026 was zł2.955. 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 zł2.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PCC Exol  (WAR:PCX) 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.


PCC Exol Cyclically Adjusted PB Ratio Related Terms


PCC Exol Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PCC Exol'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.

PCC Exol Cyclically Adjusted PB Ratio Chart

PCC Exol 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 1.50 1.58 1.33 0.93 0.88

PCC Exol 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 0.96 1.10 1.07 0.88 0.78

WAR:PCX vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, PCC Exol'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.


PCC Exol Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


WAR:PCX
69GF Score
PCC Exol SA WAR:PCX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCC Exol 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.

PCC Exol's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.915/2.59
=0.74

* 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.

PCC Exol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, PCC Exol'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)
=2.955/163.0700*163.0700
=2.955

Current CPI (Mar. 2026) = 163.0700.

PCC Exol Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.418 99.552 2.323
201609 1.436 99.064 2.364
201612 1.489 100.366 2.419
201703 1.492 101.018 2.408
201706 1.371 101.180 2.210
201709 1.404 101.343 2.259
201712 1.410 102.564 2.242
201803 1.426 102.564 2.267
201806 1.395 103.378 2.200
201809 1.431 103.378 2.257
201812 1.458 103.785 2.291
201903 1.456 104.274 2.277
201906 1.472 105.983 2.265
201909 1.530 105.983 2.354
201912 1.542 107.123 2.347
202003 1.642 109.076 2.455
202006 1.635 109.402 2.437
202009 1.681 109.320 2.508
202012 1.728 109.565 2.572
202103 1.803 112.658 2.610
202106 1.679 113.960 2.403
202109 1.771 115.588 2.499
202112 1.905 119.088 2.609
202203 2.140 125.031 2.791
202206 2.241 131.705 2.775
202209 2.436 135.531 2.931
202212 2.495 139.113 2.925
202303 2.601 145.950 2.906
202306 2.511 147.009 2.785
202309 2.610 146.113 2.913
202312 2.606 147.741 2.876
202403 2.649 149.044 2.898
202406 2.618 150.997 2.827
202409 2.639 153.439 2.805
202412 2.728 154.660 2.876
202503 2.774 157.021 2.881
202506 2.807 157.509 2.906
202509 2.866 158.000 2.958
202512 2.903 158.320 2.990
202603 2.955 163.070 2.955

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 0.74 mean?
PCC Exol (WAR:PCX) has a Cyclically Adjusted PB Ratio of 0.74 as of Jul. 19, 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 PCC Exol and its competitors. This is 44% below median its historical median of 1.32. Over the past decade, PCC Exol's Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.15. According to the industry distribution chart, PCC Exol ranks #263 out of 1278 companies in the Chemicals industry, placing it in the top 20.6%.
Is PCC Exol's Cyclically Adjusted PB Ratio too high?
PCC Exol's current Cyclically Adjusted PB Ratio of 0.74 is 44% below median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 2.15. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. PCC Exol's value of 0.74 is 55.6% below this industry median. Based on the distribution chart, PCC Exol ranks #263 out of 1278 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, PCC Exol has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PCC Exol's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, PCC Exol ranks #263 out of 1278 companies for Cyclically Adjusted PB Ratio. This places PCC Exol in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.67. PCC Exol's value of 0.74 is 55.6% below this benchmark. Historically, PCC Exol's own Cyclically Adjusted PB Ratio has ranged from 0.73 to 2.15 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.67, PCC Exol 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 1,278 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. PCC Exol's current Cyclically Adjusted PB Ratio of 0.74 is 55.6% 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 PCC Exol 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. PCC Exol's current Cyclically Adjusted PB Ratio is 0.74, which is 44% below median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCC Exol stock overvalued right now?
Based on GuruFocus' analysis, PCC Exol (WAR:PCX) is currently considered Significantly Undervalued. The stock's GF Value™ is zł2.90, compared to a current price of zł1.92 — trading 34% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.74, which is 44% below median its 10-year median of 1.32 and 55.6% below the Chemicals industry median of 1.67. PCC Exol's overall GF Score™ is 69/100 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 PCC Exol (WAR:PCX), the current Cyclically Adjusted PB Ratio is 0.74 as of Jul. 19, 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 PCC Exol (WAR:PCX) Overvalued in 2026?

Based on GuruFocus' analysis, PCC Exol stock appears to be undervalued. The current stock price of zł1.92 is trading 34% below its estimated GF Value™ of zł2.90. GuruFocus considers PCC Exol to be Significantly Undervalued.

Key valuation signals for WAR:PCX:

  • Cyclically Adjusted PB Ratio: 0.74 (44% below median its 10-year median of 1.32)
  • GF Value™: zł2.90 vs. price of zł1.92 (34% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 55.6% below the Chemicals median (#263 of 1278)

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


PCC Exol Business Description

Address Ulica Sienkiewicza 4, Brzeg Dolny, POL, 56-120
PCC Exol SA is engaged in the production and distribution of chemical products. The company operates internationally in three divisions: Chemicals, Energy and Logistics.
69GF Score

Get the complete analysis for WAR:PCX

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

zł1.92
Price
zł2.90
GF Value