Victrex (LSE:VCT) PB Ratio: 1.46 (As of Jun. 24, 2026) — 60% Below Median


LSE:VCT Victrex PLC LSE:VCT
71 GF Score
Price £6.07
GF Value £9.89
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Victrex PB Ratio?

Victrex LSE:VCT -0.83% 71 PB Ratio is 1.46 as of Jun. 24, 2026, which is 60% below its 10-year median of 3.62. GuruFocus rates LSE:VCT with a GF Score™ of 71/100 and a GF Value™ of £9.89 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,583 Chemicals companies, Victrex ranks better than 57.93% 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), Victrex's share price is £6.07. Victrex's Book Value per Share for the quarter that ended in Mar. 2026 was £4.15. Hence, Victrex's PB Ratio of today is 1.46.

Warning Sign:

Victrex PLC stock PB Ratio (=1.47) is close to 1-year high of 1.5.

The historical rank and industry rank for Victrex's PB Ratio or its related term are showing as below:

LSE:VCT' s PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 3.62   Max: 6.09
Current: 1.45

During the past 13 years, Victrex's highest PB Ratio was 6.09. The lowest was 1.08. And the median was 3.62.

LSE:VCT's PB Ratio is ranked better than
57.93% of 1583 companies
in the Chemicals industry
Industry Median: 1.82 vs LSE:VCT: 1.45

During the past 12 months, Victrex's average Book Value Per Share Growth Rate was -16.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Victrex was 37.50% per year. The lowest was -3.90% per year. And the median was 13.70% per year.

Back to Basics: PB Ratio


Victrex  (LSE:VCT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Victrex PB Ratio Related Terms


Victrex PB Ratio Historical Data

* Premium members only.

The historical data trend for Victrex'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.

Victrex PB Ratio Chart

Victrex Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 2.97 2.45 1.84 1.45

Victrex Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.46 1.84 1.77 1.45 1.37

LSE:VCT vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Victrex'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.


Victrex PB Ratio vs Chemicals Industry

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

* The bar in red indicates where Victrex's PB Ratio falls into.


LSE:VCT
71GF Score
Victrex PLC LSE:VCT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Victrex PB Ratio Calculation

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.

Victrex's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.07/4.154
=1.46

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.46 mean?
Victrex (LSE:VCT) has a PB Ratio of 1.46 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 Victrex and its competitors. This is 60% below median its historical median of 3.62. Over the past decade, Victrex's PB Ratio has ranged from 1.08 to 6.09. According to the industry distribution chart, Victrex ranks #666 out of 1583 companies in the Chemicals industry, placing it in the top 42.1%.
Is Victrex's PB Ratio too high?
Victrex's current PB Ratio of 1.46 is 60% below median its 10-year median of 3.62. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 6.09. The Chemicals industry median PB Ratio is 1.82. Victrex's value of 1.46 is 19.8% below this industry median. Based on the distribution chart, Victrex ranks #666 out of 1583 companies in the Chemicals industry, which is above the industry midpoint. Overall, Victrex has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Victrex's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Victrex ranks #666 out of 1583 companies for PB Ratio. This puts Victrex in the upper half of its industry. The industry median PB Ratio is 1.82. Victrex's value of 1.46 is 19.8% below this benchmark. Historically, Victrex's own PB Ratio has ranged from 1.08 to 6.09 over the past decade. While the company's 10-year median is 3.62 vs. the industry median of 1.82, Victrex 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 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. Victrex's current PB Ratio of 1.46 is 19.8% 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 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 Victrex 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. Victrex's current PB Ratio is 1.46, which is 60% below median its own 10-year median of 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victrex stock overvalued right now?
Based on GuruFocus' analysis, Victrex (LSE:VCT) is currently considered Significantly Undervalued. The stock's GF Value™ is £9.89, compared to a current price of £6.07 — trading 38.6% below its estimated fair value. The current PB Ratio is 1.46, which is 60% below median its 10-year median of 3.62 and 19.8% below the Chemicals industry median of 1.82. Victrex's overall GF Score™ is 71/100 with 7 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 Victrex (LSE:VCT), the current PB Ratio is 1.46 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 Victrex (LSE:VCT) Overvalued in 2026?

Based on GuruFocus' analysis, Victrex stock appears to be undervalued. The current stock price of £6.07 is trading 38.6% below its estimated GF Value™ of £9.89. GuruFocus considers Victrex to be Significantly Undervalued.

Key valuation signals for LSE:VCT:

  • PB Ratio: 1.46 (60% below median its 10-year median of 3.62)
  • GF Value™: £9.89 vs. price of £6.07 (38.6% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 19.8% below the Chemicals median (#666 of 1583)

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


Victrex Business Description

Other Exchanges VTXPF:USAVCTl:UK1OY:Germany
Address Victrex Technology Centre, Hillhouse International, Thornton Cleveleys, Lancashire, GBR, FY5 4QD
Victrex PLC is a British specialty chemicals company whose business is based predominantly on manufacturing and creating solutions using polyetheretherketone, or PEEK, an ultra-high-performance lightweight plastic. The business has two segments. The Sustainable Solutions targets transportation, energy, electronics, and manufacturing, while the Medical Segment provides healthcare solutions for the implantable device markets. Geographically operates in the United Kingdom, Europe, the Middle East and Africa (EMEA), America, and Asia-Pacific. Its maximum sales are generated from the Middle East and Africa (EMEA).
71GF Score

Get the complete analysis for LSE:VCT

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

£6.07
Price
£9.89
GF Value