Antibiotice (BSE:ATB) Cyclically Adjusted PB Ratio: 2.00 (As of Aug. 02, 2026) — 42% Above Median

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BSE:ATB Antibiotice SA BSE:ATB
80 GF Score
Price lei2.14
GF Value lei2.21
Valuation Fairly Valued
! 6 Warning Signs
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What is Antibiotice Cyclically Adjusted PB Ratio?

Antibiotice BSE:ATB +0.71% 80 Cyclically Adjusted PB Ratio is 2.00 as of Aug. 02, 2026, which is 42% above its 10-year median of 1.41. GuruFocus rates BSE:ATB with a GF Score™ of 80/100 and a GF Value™ of lei2.21 (Fairly Valued). The stock has 6 warning signs investors should review. Among 741 Drug Manufacturers companies, Antibiotice ranks worse than 54.25% on this metric.

As of today (2026-08-02), Antibiotice's current share price is lei2.14. Antibiotice's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was lei1.07. Antibiotice's Cyclically Adjusted PB Ratio for today is 2.00.

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

BSE:ATB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 1.41   Max: 3.69
Current: 2

During the past years, Antibiotice's highest Cyclically Adjusted PB Ratio was 3.69. The lowest was 0.64. And the median was 1.41.

BSE:ATB's Cyclically Adjusted PB Ratio is ranked worse than
54.25% of 741 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs BSE:ATB: 2.00

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.

Antibiotice's adjusted book value per share data for the three months ended in Mar. 2026 was lei1.407. 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 lei1.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Antibiotice  (BSE:ATB) 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.


Antibiotice Cyclically Adjusted PB Ratio Related Terms


Antibiotice Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Antibiotice'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.

Antibiotice Cyclically Adjusted PB Ratio Chart

Antibiotice 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 0.84 0.71 1.62 2.70 2.37

Antibiotice 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 2.26 2.43 2.52 2.37 1.70

BSE:ATB vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison

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


Antibiotice Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


BSE:ATB
80GF Score
Antibiotice SA BSE:ATB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Antibiotice 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.

Antibiotice's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.14/1.07
=2.00

* 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.

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

For example, Antibiotice'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)
=1.407/330.2130*330.2130
=1.407

Current CPI (Mar. 2026) = 330.2130.

Antibiotice Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.589 241.018 0.807
201609 0.591 241.428 0.808
201612 0.609 241.432 0.833
201703 0.617 243.801 0.836
201706 0.600 244.955 0.809
201709 0.601 246.819 0.804
201712 0.621 246.524 0.832
201803 0.625 249.554 0.827
201806 0.624 251.989 0.818
201809 0.626 252.439 0.819
201812 0.704 251.233 0.925
201903 0.709 254.202 0.921
201906 0.727 256.143 0.937
201909 0.726 256.759 0.934
201912 0.748 256.974 0.961
202003 0.746 258.115 0.954
202006 0.739 257.797 0.947
202009 0.734 260.280 0.931
202012 0.860 260.474 1.090
202103 0.866 264.877 1.080
202106 0.885 271.696 1.076
202109 0.884 274.310 1.064
202112 0.901 278.802 1.067
202203 0.913 287.504 1.049
202206 0.932 296.311 1.039
202209 0.942 296.808 1.048
202212 1.104 296.797 1.228
202303 0.989 301.836 1.082
202306 1.054 305.109 1.141
202309 1.084 307.789 1.163
202312 1.262 306.746 1.359
202403 1.317 312.332 1.392
202406 1.289 314.175 1.355
202409 1.310 315.301 1.372
202412 1.332 315.605 1.394
202503 1.381 319.799 1.426
202506 1.399 322.561 1.432
202509 1.375 324.800 1.398
202512 1.388 324.054 1.414
202603 1.407 330.213 1.407

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 2.00 mean?
Antibiotice (BSE:ATB) has a Cyclically Adjusted PB Ratio of 2.00 as of Aug. 02, 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 Antibiotice and its competitors. This is 42% above median its historical median of 1.41. Over the past decade, Antibiotice's Cyclically Adjusted PB Ratio has ranged from 0.64 to 3.69. According to the industry distribution chart, Antibiotice ranks #402 out of 741 companies in the Drug Manufacturers industry, placing it in the top 54.3%.
Is Antibiotice's Cyclically Adjusted PB Ratio too high?
Antibiotice's current Cyclically Adjusted PB Ratio of 2.00 is 42% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 3.69. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. Antibiotice's value of 2.00 is 11.7% above this industry median. Based on the distribution chart, Antibiotice ranks #402 out of 741 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Antibiotice has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Antibiotice's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Antibiotice ranks #402 out of 741 companies for Cyclically Adjusted PB Ratio. This places Antibiotice in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Antibiotice's value of 2.00 is 11.7% above this benchmark. Historically, Antibiotice's own Cyclically Adjusted PB Ratio has ranged from 0.64 to 3.69 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.79, Antibiotice 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 1.79, based on 741 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. Antibiotice's current Cyclically Adjusted PB Ratio of 2.00 is 11.7% 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 Antibiotice and its competitors. For the Drug Manufacturers 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. Antibiotice's current Cyclically Adjusted PB Ratio is 2.00, which is 42% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antibiotice stock overvalued right now?
Based on GuruFocus' analysis, Antibiotice (BSE:ATB) is currently considered Fairly Valued. The stock's GF Value™ is lei2.21, compared to a current price of lei2.14 — trading 3.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.00, which is 42% above median its 10-year median of 1.41 and 11.7% above the Drug Manufacturers industry median of 1.79. Antibiotice's overall GF Score™ is 80/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Antibiotice (BSE:ATB), the current Cyclically Adjusted PB Ratio is 2.00 as of Aug. 02, 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 Antibiotice (BSE:ATB) Overvalued in 2026?

Based on GuruFocus' analysis, Antibiotice stock appears to be undervalued. The current stock price of lei2.14 is trading 3.2% below its estimated GF Value™ of lei2.21. GuruFocus considers Antibiotice to be Fairly Valued.

Key valuation signals for BSE:ATB:

  • Cyclically Adjusted PB Ratio: 2.00 (42% above median its 10-year median of 1.41)
  • GF Value™: lei2.21 vs. price of lei2.14 (3.2% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 11.7% above the Drug Manufacturers median (#402 of 741)

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


Antibiotice Business Description

Address 1 Valea Lupului Street, Iasi, ROU, 707410
Antibiotice SA is a Romania based company engaged in manufacturing generic medicines. It primarily develops and produces generic medicines for human use, veterinary medicines and active substance Nystatin. The group's generic medicines are primarily targeted at patients with infections, dermatological, cardiovascular, digestive tract diseases or diseases of the musculoskeletal system. It manufactures firm powders for solutions for injection and suspensions for injection (penicillins), capsules, tablets, suppositories and topical preparations (ointments, gels, creams).
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.

lei2.14
Price
lei2.21
GF Value