ANIP (ANI Pharmaceuticals) Cyclically Adjusted PB Ratio: 3.73 (As of Aug. 08, 2026) — 14% Above Median

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ANIP ANI Pharmaceuticals Inc ANIP
80 GF Score
Price $78.45
GF Value $101.57
Valuation Modestly Undervalued
! 2 Warning Signs
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What is ANI Pharmaceuticals Cyclically Adjusted PB Ratio?

ANI Pharmaceuticals ANIP -5.35% 80 Cyclically Adjusted PB Ratio is 3.73 as of Aug. 08, 2026, which is 14% above its 10-year median of 3.27. GuruFocus rates ANIP with a GF Score™ of 80/100 and a GF Value™ of $101.57 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 736 Drug Manufacturers companies, ANI Pharmaceuticals ranks worse than 77.17% on this metric.

As of today (2026-08-08), ANI Pharmaceuticals's current share price is $78.45. ANI Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.02. ANI Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 3.73.

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

ANIP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 3.27   Max: 6.68
Current: 3.93

During the past years, ANI Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 6.68. The lowest was 1.59. And the median was 3.27.

ANIP's Cyclically Adjusted PB Ratio is ranked worse than
77.17% of 736 companies
in the Drug Manufacturers industry
Industry Median: 1.75 vs ANIP: 3.93

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.

ANI Pharmaceuticals's adjusted book value per share data for the three months ended in Mar. 2026 was $24.579. 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 $21.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ANI Pharmaceuticals  (NAS:ANIP) 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.


ANI Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


ANI Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ANI Pharmaceuticals'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.

ANI Pharmaceuticals Cyclically Adjusted PB Ratio Chart

ANI Pharmaceuticals 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 3.13 2.46 3.01 2.81 3.85

ANI Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.36 3.23 4.48 3.85 3.66

ANIP vs TRLV, AMLX, XERS: Cyclically Adjusted PB Ratio Comparison

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


ANI Pharmaceuticals Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


ANIP
80GF Score
ANI Pharmaceuticals Inc ANIP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ANI Pharmaceuticals 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.

ANI Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.45/21.02
=3.73

* 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.

ANI Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, ANI Pharmaceuticals's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=24.579/330.2130*330.2130
=24.579

Current CPI (Mar. 2026) = 330.2130.

ANI Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.224 241.018 19.488
201609 14.579 241.428 19.940
201612 14.639 241.432 20.022
201703 14.795 243.801 20.039
201706 15.170 244.955 20.450
201709 15.701 246.819 21.006
201712 14.999 246.524 20.091
201803 15.320 249.554 20.272
201806 15.665 251.989 20.528
201809 16.246 252.439 21.251
201812 16.645 251.233 21.878
201903 16.612 254.202 21.579
201906 17.199 256.143 22.173
201909 17.648 256.759 22.697
201912 17.601 256.974 22.617
202003 16.648 258.115 21.298
202006 15.529 257.797 19.891
202009 15.800 260.280 20.045
202012 15.841 260.474 20.082
202103 15.985 264.877 19.928
202106 15.057 271.696 18.300
202109 15.023 274.310 18.085
202112 19.839 278.802 23.497
202203 18.622 287.504 21.388
202206 17.909 296.311 19.958
202209 17.851 296.808 19.860
202212 17.931 296.797 19.950
202303 17.487 301.836 19.131
202306 20.191 305.109 21.852
202309 21.078 307.789 22.614
202312 21.144 306.746 22.762
202403 21.543 312.332 22.776
202406 21.637 314.175 22.742
202409 19.267 315.301 20.178
202412 19.125 315.605 20.010
202503 19.325 319.799 19.954
202506 20.109 322.561 20.586
202509 22.519 324.800 22.894
202512 24.042 324.054 24.499
202603 24.579 330.213 24.579

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 3.73 mean?
ANI Pharmaceuticals (ANIP) has a Cyclically Adjusted PB Ratio of 3.73 as of Aug. 08, 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 ANI Pharmaceuticals and its competitors. This is 14% above median its historical median of 3.27. Over the past decade, ANI Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 1.59 to 6.68. According to the industry distribution chart, ANI Pharmaceuticals ranks #568 out of 736 companies in the Drug Manufacturers industry, placing it in the top 77.2%.
Is ANI Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
ANI Pharmaceuticals' current Cyclically Adjusted PB Ratio of 3.73 is 14% above median its 10-year median of 3.27. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 6.68. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.75. ANI Pharmaceuticals' value of 3.73 is 113.1% above this industry median. Based on the distribution chart, ANI Pharmaceuticals ranks #568 out of 736 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, ANI Pharmaceuticals has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ANI Pharmaceuticals' Cyclically Adjusted PB Ratio compare to TRLV and AMLX?
According to the Drug Manufacturers industry distribution chart, ANI Pharmaceuticals ranks #568 out of 736 companies for Cyclically Adjusted PB Ratio. This places ANI Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.75. ANI Pharmaceuticals' value of 3.73 is 113.1% above this benchmark. Historically, ANI Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 1.59 to 6.68 over the past decade. While the company's 10-year median is 3.27 vs. the industry median of 1.75, ANI Pharmaceuticals 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.75, based on 736 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. ANI Pharmaceuticals's current Cyclically Adjusted PB Ratio of 3.73 is 113.1% 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 ANI Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ANI Pharmaceuticals's current Cyclically Adjusted PB Ratio is 3.73, which is 14% above median its own 10-year median of 3.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ANI Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, ANI Pharmaceuticals (ANIP) is currently considered Modestly Undervalued. The stock's GF Value™ is $101.57, compared to a current price of $78.45 — trading 22.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.73, which is 14% above median its 10-year median of 3.27 and 113.1% above the Drug Manufacturers industry median of 1.75. ANI Pharmaceuticals' overall GF Score™ is 80/100 with 2 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 ANI Pharmaceuticals (ANIP), the current Cyclically Adjusted PB Ratio is 3.73 as of Aug. 08, 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 ANI Pharmaceuticals (ANIP) Overvalued in 2026?

Based on GuruFocus' analysis, ANI Pharmaceuticals stock appears to be undervalued. The current stock price of $78.45 is trading 22.8% below its estimated GF Value™ of $101.57. GuruFocus considers ANI Pharmaceuticals to be Modestly Undervalued.

Key valuation signals for ANIP:

  • Cyclically Adjusted PB Ratio: 3.73 (14% above median its 10-year median of 3.27)
  • GF Value™: $101.57 vs. price of $78.45 (22.8% below fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 113.1% above the Drug Manufacturers median (#568 of 736)

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


ANI Pharmaceuticals Business Description

Other Exchanges BSFA:Germany
Address 210 Main Street West, Baudette, MN, USA, 56623
ANI Pharmaceuticals Inc is a diversified biopharmaceutical company. It is focused on developing, manufacturing, and commercializing therapeutics through its Rare Disease business, which markets novel products in the areas of ophthalmology, rheumatology, nephrology, neurology, and pulmonology; and through its Generics and Brands businesses. The firm's product portfolio comprises Purified Cortrophin Gel, ILUVIEN, and YUTIQ (fluocinolone acetonide intravitreal implant), among others. Additionally, its Generics portfolio includes several products with a wide variety of indications. The company has two operating segments: Rare Disease and Brands, which derive maximum revenue, and Generics and Other. Geographically, it generates maximum revenue from the United States, followed by other markets.
80GF Score

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

$78.45
Price
$101.57
GF Value