PharmaEssentia (TPE:6446) Cyclically Adjusted Book per Share: NT$32.74 (As of Dec. 2025)


TPE:6446 PharmaEssentia Corp TPE:6446
82 GF Score
Price NT$1,445.00
GF Value NT$1,352.07
Valuation Fairly Valued
! 6 Warning Signs
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What is PharmaEssentia Cyclically Adjusted Book per Share?

PharmaEssentia TPE:6446 +3.58% 82 Cyclically Adjusted Book per Share is NT$32.74 as of Dec. 2025. GuruFocus rates TPE:6446 with a GF Score™ of 82/100 and a GF Value™ of NT$1,352.07 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

PharmaEssentia's adjusted book value per share for the three months ended in Dec. 2025 was NT$86.150. 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 NT$32.74 for the trailing ten years ended in Dec. 2025.

During the past 12 months, PharmaEssentia's average Cyclically Adjusted Book Growth Rate was 28.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-07-07), PharmaEssentia's current stock price is NT$1445.00. PharmaEssentia's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$32.74. PharmaEssentia's Cyclically Adjusted PB Ratio of today is 44.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PharmaEssentia was 42.61. The lowest was 12.50. And the median was 19.60.


PharmaEssentia  (TPE:6446) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

PharmaEssentia's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1445.00/32.74
=44.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PharmaEssentia was 42.61. The lowest was 12.50. And the median was 19.60.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PharmaEssentia Cyclically Adjusted Book per Share Related Terms


PharmaEssentia Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PharmaEssentia's Cyclically Adjusted Book per Share 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.

PharmaEssentia Cyclically Adjusted Book per Share Chart

PharmaEssentia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 18.64 25.56 32.74

PharmaEssentia Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Cyclically Adjusted Book per Share 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 25.56 27.26 29.29 30.77 32.74

TPE:6446 vs ZTS, UTHR: Cyclically Adjusted Book per Share Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, PharmaEssentia'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.


PharmaEssentia Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, PharmaEssentia's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:6446
82GF Score
PharmaEssentia Corp TPE:6446
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PharmaEssentia Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, PharmaEssentia's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=86.15/324.0540*324.0540
=86.150

Current CPI (Dec. 2025) = 324.0540.

PharmaEssentia Quarterly Data

Book Value per Share CPI Adj_Book
201603 5.759 238.132 7.837
201606 5.601 241.018 7.531
201609 17.972 241.428 24.123
201612 17.126 241.432 22.987
201703 16.421 243.801 21.826
201706 15.545 244.955 20.565
201709 14.795 246.819 19.425
201712 13.849 246.524 18.204
201803 13.029 249.554 16.919
201806 12.146 251.989 15.620
201809 11.275 252.439 14.474
201812 9.885 251.233 12.750
201903 8.934 254.202 11.389
201906 8.274 256.143 10.468
201909 7.330 256.759 9.251
201912 8.779 256.974 11.071
202003 7.742 258.115 9.720
202006 12.146 257.797 15.268
202009 16.898 260.280 21.038
202012 13.391 260.474 16.660
202103 10.806 264.877 13.220
202106 8.964 271.696 10.691
202109 6.608 274.310 7.806
202112 13.851 278.802 16.099
202203 12.932 287.504 14.576
202206 17.589 296.311 19.236
202209 17.152 296.808 18.726
202212 36.281 296.797 39.613
202303 35.958 301.836 38.605
202306 67.611 305.109 71.809
202309 64.959 307.789 68.392
202312 65.126 306.746 68.801
202403 66.282 312.332 68.770
202406 68.720 314.175 70.881
202409 70.736 315.301 72.700
202412 76.746 315.605 78.801
202503 78.799 319.799 79.847
202506 77.184 322.561 77.541
202509 80.436 324.800 80.251
202512 86.150 324.054 86.150

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of NT$32.74 mean?
PharmaEssentia (TPE:6446) has a Cyclically Adjusted Book per Share of NT$32.74 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PharmaEssentia and its competitors.
Is PharmaEssentia's Cyclically Adjusted Book per Share too high?
PharmaEssentia's current Cyclically Adjusted Book per Share is NT$32.74. Overall, PharmaEssentia has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PharmaEssentia's Cyclically Adjusted Book per Share compare to ZTS and UTHR?
PharmaEssentia's Cyclically Adjusted Book per Share of NT$32.74 can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Drug Manufacturers company?
A good Cyclically Adjusted Book per Share depends on the Drug Manufacturers industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PharmaEssentia and its competitors. PharmaEssentia's current Cyclically Adjusted Book per Share is NT$32.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PharmaEssentia stock overvalued right now?
Based on GuruFocus' analysis, PharmaEssentia (TPE:6446) is currently considered Fairly Valued. The stock's GF Value™ is NT$1,352.07, compared to a current price of NT$1,445.00 — trading 6.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is NT$32.74. PharmaEssentia's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For PharmaEssentia (TPE:6446), the current Cyclically Adjusted Book per Share is NT$32.74 as of Dec. 2025. 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 PharmaEssentia (TPE:6446) Overvalued in 2026?

Based on GuruFocus' analysis, PharmaEssentia stock appears to be overvalued. The current stock price of NT$1,445.00 is trading 6.9% above its estimated GF Value™ of NT$1,352.07. GuruFocus considers PharmaEssentia to be Fairly Valued.

Key valuation signals for TPE:6446:

  • Cyclically Adjusted Book per Share: NT$32.74
  • GF Value™: NT$1,352.07 vs. price of NT$1,445.00 (6.9% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the TPE:6446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PharmaEssentia Business Description

Address 13th Floor, No.3, Park Street, Nangang District, Taipei, TWN, 115
PharmaEssentia Corp engages in medicine discovery, supplements in developing specialty pharmaceutical reagents, API and new drug patterns developments. Its products include BESREMi, Ropeginterferon alfa-2b, Ropeg + anti PD-1, PEG-IL-2, PEG-Cytokines, PD-1-IL-2v, NY-ESO-1 TCR-T, among others. It derives revenue from medicine products sales from contracts with customers.
82GF Score

Get the complete analysis for TPE:6446

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

NT$1,445.00
Price
NT$1,352.07
GF Value