CalixASX:CXL -1.18%68 PB Ratio is 1.93 as of Jun. 24, 2026, which is 65% below its 10-year median of 5.56. GuruFocus rates ASX:CXL with a GF Score™ of 68/100 and a GF Value™ of A$1.47 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,583 Chemicals companies, Calix ranks worse than 53.51% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-24), Calix's share price is A$0.42. Calix's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.22. Hence, Calix's PB Ratio of today is 1.93.
The historical rank and industry rank for Calix's PB Ratio or its related term are showing as below:
ASX:CXL'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 5.56 Max: 37.1
Current: 1.94
During the past 8 years, Calix's highest PB Ratio was 37.10. The lowest was 0.62. And the median was 5.56.
ASX:CXL's PB Ratio is ranked worse than 53.51% of 1583
companies
in the Chemicals industry
Industry Median: 1.82
vs ASX:CXL: 1.94
During the past 12 months, Calix's average Book Value Per Share Growth Rate was -49.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.80% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Calix was 47.60% per year. The lowest was 15.90% per year. And the median was 24.10% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Calix PB Ratio Related Terms
Calix PB Ratio Historical Data
* Premium members only.
The historical data trend for Calix's 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.
For the Specialty Chemicals subindustry, Calix's PB Ratio, along with its competitors' market caps and 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.
Calix PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Calix's PB Ratio distribution charts can be found below:
* The bar in red indicates where Calix's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Calix's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Calix (ASX:CXL) has a PB Ratio of 1.93 as of Jun. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Calix and its competitors. This is 65% below median its historical median of 5.56. Over the past decade, Calix's PB Ratio has ranged from 0.62 to 37.10. According to the industry distribution chart, Calix ranks #847 out of 1583 companies in the Chemicals industry, placing it in the top 53.5%.
Is Calix's PB Ratio too high?
Calix's current PB Ratio of 1.93 is 65% below median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 37.10. The Chemicals industry median PB Ratio is 1.82. Calix's value of 1.93 is 6% above this industry median. Based on the distribution chart, Calix ranks #847 out of 1583 companies in the Chemicals industry, which is below the industry midpoint. Overall, Calix has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Calix's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Calix ranks #847 out of 1583 companies for PB Ratio. This places Calix in the lower half of its industry. The industry median PB Ratio is 1.82. Calix's value of 1.93 is 6% above this benchmark. Historically, Calix's own PB Ratio has ranged from 0.62 to 37.10 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 1.82, Calix 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 PB Ratio for a Chemicals company?
The median PB Ratio among Chemicals companies is 1.82, based on 1,583 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calix's current PB Ratio of 1.93 is 6% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Calix and its competitors. For the Chemicals industry, the median PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calix's current PB Ratio is 1.93, which is 65% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calix stock overvalued right now?
Based on GuruFocus' analysis, Calix (ASX:CXL) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.47, compared to a current price of A$0.42 — trading 71.4% below its estimated fair value. The current PB Ratio is 1.93, which is 65% below median its 10-year median of 5.56 and 6% above the Chemicals industry median of 1.82. Calix's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Calix (ASX:CXL), the current PB Ratio is 1.93 as of Jun. 24, 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 Calix (ASX:CXL) Overvalued in 2026?
Based on GuruFocus' analysis, Calix stock appears to be undervalued.
The current stock price of A$0.42 is trading 71.4% below its estimated GF Value™ of A$1.47.
GuruFocus considers Calix to be Possible Value Trap.
Key valuation signals for ASX:CXL:
PB Ratio: 1.93 (65% below median its 10-year median of 5.56)
GF Value™: A$1.47 vs. price of A$0.42 (71.4% below fair value)
Industry Position: 6% above the Chemicals median (#847 of 1583)
No single metric tells the full story. See the ASX:CXL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calix Ltd is an Australian technology company. The company's patented core platform technology delivers efficient indirect heating of minerals to enable the electrification of industries, efficient capture of unavoidable CO2 emissions, and green industrial processing solutions. Its core technology platform includes the Calix Flash Calciner (CFC). The group operates in three business segments, namely: Leilac (CO2 mitigation), Sustainable Processing, and Magnesia. It has operations in Australia, New Zealand, Asia, Europe, and the United States of America. The company generates the majority of its revenue from Magnesia.
68GF Score
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