Anteris Technologies Global (ASX:AVR) Cyclically Adjusted PB Ratio: 3.89 (As of Jul. 09, 2026) — 166% Above Median


ASX:AVR Anteris Technologies Global Corp ASX:AVR
50 GF Score
Price A$13.62
! 7 Warning Signs
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What is Anteris Technologies Global Cyclically Adjusted PB Ratio?

Anteris Technologies Global ASX:AVR -3.54% 50 Cyclically Adjusted PB Ratio is 3.89 as of Jul. 09, 2026, which is 166% above its 10-year median of 1.46. GuruFocus rates ASX:AVR with a GF Score™ of 50/100. The stock has 7 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Anteris Technologies Global ranks worse than 71.76% on this metric.

As of today (2026-07-09), Anteris Technologies Global's current share price is A$13.62. Anteris Technologies Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was A$3.50. Anteris Technologies Global's Cyclically Adjusted PB Ratio for today is 3.89.

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

ASX:AVR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.46   Max: 3.85
Current: 3.64

During the past years, Anteris Technologies Global's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 0.58. And the median was 1.46.

ASX:AVR's Cyclically Adjusted PB Ratio is ranked worse than
71.76% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.785 vs ASX:AVR: 3.64

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.

Anteris Technologies Global's adjusted book value per share data for the three months ended in Mar. 2026 was A$4.081. 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 A$3.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anteris Technologies Global  (ASX:AVR) 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.


Anteris Technologies Global Cyclically Adjusted PB Ratio Related Terms


Anteris Technologies Global Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Anteris Technologies Global'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.

Anteris Technologies Global Cyclically Adjusted PB Ratio Chart

Anteris Technologies Global Annual Data
Trend Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.27 1.91

Anteris Technologies Global 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 0.85 1.13 1.37 1.91 2.08

ASX:AVR vs QDEL, INMD, CNMD: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Anteris Technologies Global'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.


Anteris Technologies Global Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Anteris Technologies Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


ASX:AVR
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Anteris Technologies Global Corp ASX:AVR
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Anteris Technologies Global 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.

Anteris Technologies Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.62/3.50
=3.89

* 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.

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

For example, Anteris Technologies Global'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)
=4.081/137.0353*137.0353
=4.081

Current CPI (Mar. 2026) = 137.0353.

Anteris Technologies Global Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.663 0.000
201609 0.000 0.000
201612 11.138 0.000
201703 0.000 0.000
201706 9.142 0.000
201709 0.000 0.000
201712 5.639 0.000
201803 0.000 0.000
201806 3.575 0.000
201809 0.000 0.000
201812 3.518 0.000
201903 0.000 0.000
201906 1.700 0.000
201909 0.000 0.000
201912 2.673 0.000
202003 0.000 0.000
202006 1.573 0.000
202009 0.000 0.000
202012 0.395 0.000
202103 0.000 0.000
202106 -0.563 0.000
202109 0.000 0.000
202112 1.311 0.000
202203 0.000 0.000
202206 2.208 0.000
202209 0.000 0.000
202212 0.959 0.000
202303 0.000 0.000
202306 1.343 0.000
202309 0.000 0.000
202312 1.634 0.000
202403 0.000 0.000
202406 0.297 0.000
202409 0.000 129.143 0.000
202412 2.757 130.173 2.902
202503 1.904 131.042 1.991
202506 1.040 131.551 1.083
202509 0.155 133.771 0.159
202512 -0.003 135.069 -0.003
202603 4.081 137.035 4.081

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 3.89 mean?
Anteris Technologies Global (ASX:AVR) has a Cyclically Adjusted PB Ratio of 3.89 as of Jul. 09, 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 Anteris Technologies Global and its competitors. This is 166% above median its historical median of 1.46. Over the past decade, Anteris Technologies Global's Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.85. According to the industry distribution chart, Anteris Technologies Global ranks #376 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 71.8%.
Is Anteris Technologies Global's Cyclically Adjusted PB Ratio too high?
Anteris Technologies Global's current Cyclically Adjusted PB Ratio of 3.89 is 166% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 3.85. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.79. Anteris Technologies Global's value of 3.89 is 117.9% above this industry median. Based on the distribution chart, Anteris Technologies Global ranks #376 out of 524 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Anteris Technologies Global has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Anteris Technologies Global's Cyclically Adjusted PB Ratio compare to QDEL and INMD?
According to the Medical Devices & Instruments industry distribution chart, Anteris Technologies Global ranks #376 out of 524 companies for Cyclically Adjusted PB Ratio. This places Anteris Technologies Global in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Anteris Technologies Global's value of 3.89 is 117.9% above this benchmark. Historically, Anteris Technologies Global's own Cyclically Adjusted PB Ratio has ranged from 0.58 to 3.85 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.79, Anteris Technologies Global 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.79, based on 524 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. Anteris Technologies Global's current Cyclically Adjusted PB Ratio of 3.89 is 117.9% 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 Anteris Technologies Global and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anteris Technologies Global's current Cyclically Adjusted PB Ratio is 3.89, which is 166% above median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anteris Technologies Global stock overvalued right now?
Anteris Technologies Global (ASX:AVR) has a current Cyclically Adjusted PB Ratio of 3.89. The current Cyclically Adjusted PB Ratio is 3.89, which is 166% above median its 10-year median of 1.46 and 117.9% above the Medical Devices & Instruments industry median of 1.79. Anteris Technologies Global's overall GF Score™ is 50/100 with 7 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 Anteris Technologies Global (ASX:AVR), the current Cyclically Adjusted PB Ratio is 3.89 as of Jul. 09, 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.

Anteris Technologies Global Business Description

Other Exchanges AVR:USA
Address 9 Sherwood Road, Level 3, Suite 302, Toowong Tower, Toowong, QLD, AUS, 4066
Anteris Technologies Global Corp is a structural heart company focused on advancing cardiac care through science-driven innovations aimed at restoring heart valve patients to healthy function. Its key product, the DurAVR Transcatheter Heart Valve (THV), was designed in partnership with interventional cardiologists and cardiac surgeons to treat Aortic Stenosis, a potentially life-threatening condition caused by narrowing of the aortic valve. The balloon-expandable DurAVR THV is a biomimetic valve designed to mimic the performance of a healthy human aortic valve and replicate normal aortic blood flow. The company operates in United States, Germany, Australia, Switzerland, and Sweden, with the majority of its revenue generated from the United States.
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A$13.62
Price