CECO EnvironmentalCECO -1.33%77 PB Ratio is 10.96 as of Jun. 24, 2026, which is 598% above its 10-year median of 1.57. GuruFocus rates CECO with a GF Score™ of 77/100 and a GF Value™ of $42.79 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,986 Industrial Products companies, CECO Environmental ranks worse than 92.73% on this metric.
CECO Environmental Corp stock PB Ratio (=11.1) is close to 10-year high of 11.3.
The historical rank and industry rank for CECO Environmental's PB Ratio or its related term are showing as below:
CECO'
s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 1.57 Max: 11.3
Current: 10.95
During the past 13 years, CECO Environmental's highest PB Ratio was 11.30. The lowest was 0.72. And the median was 1.57.
CECO's PB Ratio is ranked worse than 92.73% of 2986
companies
in the Industrial Products industry
Industry Median: 2.32
vs CECO: 10.95
During the past 12 months, CECO Environmental's average Book Value Per Share Growth Rate was 7.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of CECO Environmental was 80.80% per year. The lowest was -39.10% per year. And the median was 5.40% per year.
Back to Basics: PB Ratio
CECO Environmental (NAS:CECO) PB Ratio Explanation
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.
CECO Environmental PB Ratio Related Terms
CECO Environmental PB Ratio Historical Data
* Premium members only.
The historical data trend for CECO Environmental'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 Pollution & Treatment Controls subindustry, CECO Environmental'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.
CECO Environmental PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, CECO Environmental's PB Ratio distribution charts can be found below:
* The bar in red indicates where CECO Environmental'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.
* 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.
CECO Environmental (CECO) has a PB Ratio of 10.96 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 CECO Environmental and its competitors. This is 598% above median its historical median of 1.57. Over the past decade, CECO Environmental's PB Ratio has ranged from 0.72 to 11.30. According to the industry distribution chart, CECO Environmental ranks #2769 out of 2986 companies in the Industrial Products industry, placing it in the top 92.7%.
Is CECO Environmental's PB Ratio too high?
CECO Environmental's current PB Ratio of 10.96 is 598% above median its 10-year median of 1.57. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 11.30. The Industrial Products industry median PB Ratio is 2.32. CECO Environmental's value of 10.96 is 372.4% above this industry median. Based on the distribution chart, CECO Environmental ranks #2769 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, CECO Environmental has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CECO Environmental's PB Ratio compare to PCT and ERII?
According to the Industrial Products industry distribution chart, CECO Environmental ranks #2769 out of 2986 companies for PB Ratio. This places CECO Environmental in the lower half of its industry. The industry median PB Ratio is 2.32. CECO Environmental's value of 10.96 is 372.4% above this benchmark. Historically, CECO Environmental's own PB Ratio has ranged from 0.72 to 11.30 over the past decade. While the company's 10-year median is 1.57 vs. the industry median of 2.32, CECO Environmental 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.32, based on 2,986 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. CECO Environmental's current PB Ratio of 10.96 is 372.4% 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 CECO Environmental and its competitors. For the Industrial Products industry, the median PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CECO Environmental's current PB Ratio is 10.96, which is 598% above median its own 10-year median of 1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CECO Environmental stock overvalued right now?
Based on GuruFocus' analysis, CECO Environmental (CECO) is currently considered Significantly Overvalued. The stock's GF Value™ is $42.79, compared to a current price of $95.43 — trading 123% above its estimated fair value. The current PB Ratio is 10.96, which is 598% above median its 10-year median of 1.57 and 372.4% above the Industrial Products industry median of 2.32. CECO Environmental's overall GF Score™ is 77/100 with 5 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 CECO Environmental (CECO), the current PB Ratio is 10.96 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 CECO Environmental (CECO) Overvalued in 2026?
Based on GuruFocus' analysis, CECO Environmental stock appears to be overvalued.
The current stock price of $95.43 is trading 123% above its estimated GF Value™ of $42.79.
GuruFocus considers CECO Environmental to be Significantly Overvalued.
Key valuation signals for CECO:
PB Ratio: 10.96 (598% above median its 10-year median of 1.57)
GF Value™: $42.79 vs. price of $95.43 (123% above fair value)
Industry Position: 372.4% above the Industrial Products median (#2769 of 2986)
No single metric tells the full story. See the CECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CECO Environmental Corp is an industrial company, serving industrial air, industrial water, and energy transition markets. It offers various engineered and configured products and solutions, including dampers and diverters, selective catalytic reduction systems, severe-service and industrial cyclones, dust collectors, thermal oxidizers, filtration systems, wet and dry scrubbers, water treatment packages, industrial silencers, etc. These products are offered through brands like Western Airducts, WK, Wakefield Acoustics, Transcend, Verantis, and others. The company's reportable segments are: Engineered Systems, which derive maximum revenue, and Industrial Process Solutions. Geographically, it derives key revenue from the U.S., followed by the Netherlands, the UK, China, and other markets.
77GF Score
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