Brenntag SE (XSWX:BNR) Cyclically Adjusted PB Ratio: 1.92 (As of Sep. 16, 2026) — 35% Below Median

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XSWX:BNR Brenntag SE XSWX:BNR
84 GF Score
Price CHF58.28
GF Value CHF56.99
! 10 Warning Signs
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What is Brenntag SE Cyclically Adjusted PB Ratio?

Brenntag SE XSWX:BNR 84 Cyclically Adjusted PB Ratio is 1.92 as of Sep. 16, 2026, which is 35% below its 10-year median of 2.94. GuruFocus rates XSWX:BNR with a GF Score™ of 84/100 and a GF Value™ of CHF56.99. The stock has 10 warning signs investors should review. Among 1,099 Chemicals companies, Brenntag SE ranks worse than 58.78% on this metric.

As of today (2026-09-16), Brenntag SE's current share price is CHF58.28. Brenntag SE's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CHF30.38. Brenntag SE's Cyclically Adjusted PB Ratio for today is 1.92.

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

XSWX:BNR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.94   Max: 4.66
Current: 2.09

During the past years, Brenntag SE's highest Cyclically Adjusted PB Ratio was 4.66. The lowest was 1.60. And the median was 2.94.

XSWX:BNR's Cyclically Adjusted PB Ratio is ranked worse than
58.78% of 1099 companies
in the Chemicals industry
Industry Median: 1.67 vs XSWX:BNR: 2.09

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.

Brenntag SE's adjusted book value per share data for the three months ended in Jun. 2026 was CHF28.564. 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 CHF30.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brenntag SE  (XSWX:BNR) 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.


Brenntag SE Cyclically Adjusted PB Ratio Related Terms


Brenntag SE Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brenntag SE'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.

Brenntag SE Cyclically Adjusted PB Ratio Chart

Brenntag SE 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 2.09 1.84 1.72 1.64 1.59

Brenntag SE 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 1.63 1.61 1.61 1.71 1.64

XSWX:BNR vs LIN, SHW, ECL: Cyclically Adjusted PB Ratio Comparison

For the Specialty Chemicals subindustry, Brenntag SE'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.


Brenntag SE Cyclically Adjusted PB Ratio vs Chemicals Industry

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

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


XSWX:BNR
84GF Score
Brenntag SE XSWX:BNR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brenntag SE 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.

Brenntag SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=58.28/30.382
=1.92

* 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.

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

For example, Brenntag SE'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)
=28.564/131.3638*131.3638
=28.564

Current CPI (Jun. 2026) = 131.3638.

Brenntag SE Quarterly Data

Book Value per Share CPI Adj_Book
201609 19.411 101.017 25.242
201612 20.532 101.217 26.647
201703 21.166 101.417 27.416
201706 20.507 102.117 26.380
201709 21.808 102.717 27.890
201712 22.716 102.617 29.080
201803 23.418 102.917 29.891
201806 23.153 104.017 29.240
201809 23.515 104.718 29.499
201812 24.079 104.217 30.351
201903 24.863 104.217 31.339
201906 23.810 105.718 29.586
201909 24.682 106.018 30.583
201912 25.180 105.818 31.259
202003 25.021 105.718 31.091
202006 24.343 106.618 29.993
202009 24.747 105.818 30.721
202012 25.283 105.518 31.476
202103 27.272 107.518 33.321
202106 26.443 108.486 32.019
202109 27.087 109.435 32.515
202112 26.795 110.384 31.888
202203 28.799 113.968 33.195
202206 29.791 115.760 33.807
202209 31.165 118.818 34.456
202212 30.694 119.345 33.785
202303 28.654 122.402 30.752
202306 27.743 123.140 29.596
202309 29.833 124.195 31.555
202312 28.848 123.773 30.617
202403 30.604 125.038 32.152
202406 29.532 125.882 30.818
202409 28.860 126.198 30.041
202412 30.950 127.041 32.003
202503 31.499 127.779 32.383
202506 27.451 128.412 28.082
202509 28.154 129.255 28.613
202512 28.024 129.361 28.458
202603 28.971 131.258 28.994
202606 28.564 131.364 28.564

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 1.92 mean?
Brenntag SE (XSWX:BNR) has a Cyclically Adjusted PB Ratio of 1.92 as of Sep. 16, 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 Brenntag SE and its competitors. This is 35% below median its historical median of 2.94. Over the past decade, Brenntag SE's Cyclically Adjusted PB Ratio has ranged from 1.60 to 4.66. According to the industry distribution chart, Brenntag SE ranks #646 out of 1099 companies in the Chemicals industry, placing it in the top 58.8%.
Is Brenntag SE's Cyclically Adjusted PB Ratio too high?
Brenntag SE's current Cyclically Adjusted PB Ratio of 1.92 is 35% below median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 4.66. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Brenntag SE's value of 1.92 is 15% above this industry median. Based on the distribution chart, Brenntag SE ranks #646 out of 1099 companies in the Chemicals industry, which is below the industry midpoint. Overall, Brenntag SE has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Brenntag SE's Cyclically Adjusted PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Brenntag SE ranks #646 out of 1099 companies for Cyclically Adjusted PB Ratio. This places Brenntag SE in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Brenntag SE's value of 1.92 is 15% above this benchmark. Historically, Brenntag SE's own Cyclically Adjusted PB Ratio has ranged from 1.60 to 4.66 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 1.67, Brenntag SE 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. Brenntag SE's current Cyclically Adjusted PB Ratio of 1.92 is 15% 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 Brenntag SE 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. Brenntag SE's current Cyclically Adjusted PB Ratio is 1.92, which is 35% below median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brenntag SE stock overvalued right now?
Brenntag SE (XSWX:BNR) has a current Cyclically Adjusted PB Ratio of 1.92. The stock's GF Value™ is CHF56.99, compared to a current price of CHF58.28 — trading 2.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.92, which is 35% below median its 10-year median of 2.94 and 15% above the Chemicals industry median of 1.67. Brenntag SE's overall GF Score™ is 84/100 with 10 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 Brenntag SE (XSWX:BNR), the current Cyclically Adjusted PB Ratio is 1.92 as of Sep. 16, 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 Brenntag SE (XSWX:BNR) Overvalued in 2026?

Based on GuruFocus' analysis, Brenntag SE stock appears to be overvalued. The current stock price of CHF58.28 is trading 2.3% above its estimated GF Value™ of CHF56.99.

Key valuation signals for XSWX:BNR:

  • Cyclically Adjusted PB Ratio: 1.92 (35% below median its 10-year median of 2.94)
  • GF Value™: CHF56.99 vs. price of CHF58.28 (2.3% above fair value)
  • GF Score™: 84/100 with 10 warning signs
  • Industry Position: 15% above the Chemicals median (#646 of 1099)

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


Brenntag SE Business Description

Address Messeallee 11, Essen, NW, DEU, 45131
Brenntag SE manufactures, distributes, and sells chemicals and chemical-based products. It operates in two reportable segments life science, material science and Specialties Other. Life science chemicals are used to produce cosmetics, food, animal nutrition, and pharmaceuticals. The material science chemicals are used to produce soaps and detergents, coatings, and paints as well as the extraction of oil and gas. The company organizes itself into four segments based on geography EMEA, North America, Latin America, and APAC.
84GF Score

Get the complete analysis for XSWX:BNR

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

CHF58.28
Price
CHF56.99
GF Value