Arkema (XPAR:AKE) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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.

XPAR:AKE Arkema SA XPAR:AKE
80 GF Score
Price €56.00
GF Value €60.41
Valuation Fairly Valued
! 8 Warning Signs
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What is Arkema Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Arkema  (XPAR:AKE) 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.


Arkema Cyclically Adjusted PB Ratio Related Terms


Arkema Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arkema'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.

Arkema Cyclically Adjusted PB Ratio Chart

Arkema 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 2.34 1.38 1.52 1.00 0.68

Arkema 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 0.84 0.71 0.69 0.75 0.70

XPAR:AKE vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Arkema'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.


Arkema Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


XPAR:AKE
80GF Score
Arkema SA XPAR:AKE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arkema 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.

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

For example, Arkema'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)
=81.497/123.5000*123.5000
=81.497

Current CPI (Jun. 2026) = 123.5000.

Arkema Quarterly Data

Book Value per Share CPI Adj_Book
201609 45.686 100.340 56.231
201612 47.058 100.650 57.741
201703 48.921 101.170 59.719
201706 47.620 101.320 58.045
201709 48.909 101.330 59.610
201712 49.909 101.850 60.518
201803 51.901 102.750 62.382
201806 53.757 103.370 64.225
201809 55.841 103.560 66.593
201812 56.896 103.470 67.910
201903 59.745 103.890 71.022
201906 58.012 104.580 68.507
201909 60.404 104.500 71.387
201912 60.528 104.980 71.206
202003 61.554 104.590 72.683
202006 60.255 104.790 71.013
202009 59.941 104.550 70.805
202012 59.144 104.960 69.591
202103 62.353 105.750 72.819
202106 67.245 106.340 78.096
202109 72.688 106.810 84.046
202112 76.396 107.850 87.482
202203 82.624 110.490 92.353
202206 89.240 112.550 97.922
202209 96.319 112.740 105.512
202212 88.742 114.160 96.002
202303 89.118 116.790 94.238
202306 86.527 117.650 90.829
202309 89.865 118.260 93.847
202312 90.290 118.390 94.187
202403 92.102 119.470 95.209
202406 91.112 120.200 93.613
202409 90.563 119.560 93.547
202412 93.149 119.950 95.906
202503 91.218 120.380 93.582
202506 84.189 121.360 85.674
202509 83.911 120.950 85.680
202512 82.394 120.890 84.173
202603 83.795 122.410 84.541
202606 81.497 123.500 81.497

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.

Is Arkema (XPAR:AKE) Overvalued in 2026?

Based on GuruFocus' analysis, Arkema stock appears to be undervalued. The current stock price of €56.00 is trading 7.3% below its estimated GF Value™ of €60.41. GuruFocus considers Arkema to be Fairly Valued.

Key valuation signals for XPAR:AKE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €60.41 vs. price of €56.00 (7.3% below fair value)
  • GF Score™: 80/100 with 8 warning signs

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


Arkema Business Description

Address 51 Esplanade du General de Gaulle, Puteaux - La Defense, Paris, FRA, 92800
Arkema SA operates in the specialty materials industry, offering adhesives, acrylics, technical fluids, chemicals, additives, and other materials that are used in various industries globally. Along with its subsidiaries, it operates in the following segments: Adhesive Solutions, Advanced Materials, Intermediates, and Coating Solutions. Maximum revenue is generated from the Advanced Materials segment, which offers high-performance polymers, like specialty polyamides, PVDF, polyimides, fluorospecialties, and PEKK; and performance additives, covering interface agents, organic peroxides, thiochemicals, and hydrogen peroxide. Geographically, the Group generates maximum revenue from North America, followed by Europe, Asia, and the Rest of the world.
80GF Score

Get the complete analysis for XPAR:AKE

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

€56.00
Price
€60.41
GF Value