Hypera (BSP:HYPE3) Cyclically Adjusted PB Ratio: 1.06 (As of Aug. 24, 2026) — 48% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
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BSP:HYPE3 Hypera SA BSP:HYPE3
93 GF Score
Price R$21.17
GF Value R$30.11
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Hypera Cyclically Adjusted PB Ratio?

Hypera BSP:HYPE3 +2.12% 93 Cyclically Adjusted PB Ratio is 1.06 as of Aug. 24, 2026, which is 48% below its 10-year median of 2.03. GuruFocus rates BSP:HYPE3 with a GF Score™ of 93/100 and a GF Value™ of R$30.11 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 672 Drug Manufacturers companies, Hypera ranks better than 67.71% on this metric.

As of today (2026-08-24), Hypera's current share price is R$21.17. Hypera's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$19.97. Hypera's Cyclically Adjusted PB Ratio for today is 1.06.

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

BSP:HYPE3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.94   Med: 2.03   Max: 2.88
Current: 1.06

During the past years, Hypera's highest Cyclically Adjusted PB Ratio was 2.88. The lowest was 0.94. And the median was 2.03.

BSP:HYPE3's Cyclically Adjusted PB Ratio is ranked better than
67.71% of 672 companies
in the Drug Manufacturers industry
Industry Median: 1.705 vs BSP:HYPE3: 1.06

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.

Hypera's adjusted book value per share data for the three months ended in Jun. 2026 was R$20.499. 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 R$19.97 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hypera  (BSP:HYPE3) 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.


Hypera Cyclically Adjusted PB Ratio Related Terms


Hypera Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hypera'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.

Hypera Cyclically Adjusted PB Ratio Chart

Hypera 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 1.66 2.56 1.96 0.95 1.20

Hypera Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.40 1.16 1.20 1.18 1.04

BSP:HYPE3 vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison

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


Hypera Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


BSP:HYPE3
93GF Score
Hypera SA BSP:HYPE3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hypera 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.17/19.97
=1.06

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=20.499/177.5443*177.5443
=20.499

Current CPI (Jun. 2026) = 177.5443.

Hypera Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.192 109.986 22.909
201612 13.691 110.802 21.938
201703 13.448 111.869 21.343
201706 12.294 112.115 19.469
201709 12.582 112.777 19.808
201712 12.122 114.068 18.868
201803 12.389 114.868 19.149
201806 12.626 117.038 19.153
201809 12.799 117.881 19.277
201812 12.948 118.340 19.426
201903 13.194 120.124 19.501
201906 13.428 120.977 19.707
201909 13.567 121.292 19.859
201912 13.662 123.436 19.651
202003 13.693 124.092 19.591
202006 14.181 123.557 20.377
202009 14.528 125.095 20.619
202012 14.440 129.012 19.872
202103 14.668 131.660 19.780
202106 15.018 133.871 19.917
202109 15.156 137.913 19.511
202112 15.421 141.992 19.282
202203 15.506 146.537 18.787
202206 15.965 149.784 18.924
202209 16.406 147.800 19.708
202212 16.676 150.207 19.711
202303 16.902 153.352 19.568
202306 17.289 154.519 19.865
202309 17.818 155.464 20.349
202312 17.992 157.148 20.327
202403 18.311 159.372 20.399
202406 18.810 161.052 20.736
202409 19.110 162.342 20.899
202412 18.924 164.740 20.395
202503 18.390 168.102 19.423
202506 18.754 169.670 19.624
202509 19.164 170.739 19.928
202512 19.582 171.765 20.241
202603 20.075 175.066 20.359
202606 20.499 177.544 20.499

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 1.06 mean?
Hypera (BSP:HYPE3) has a Cyclically Adjusted PB Ratio of 1.06 as of Aug. 24, 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 Hypera and its competitors. This is 48% below median its historical median of 2.03. Over the past decade, Hypera's Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.88. According to the industry distribution chart, Hypera ranks #217 out of 672 companies in the Drug Manufacturers industry, placing it in the top 32.3%.
Is Hypera's Cyclically Adjusted PB Ratio too high?
Hypera's current Cyclically Adjusted PB Ratio of 1.06 is 48% below median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.88. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. Hypera's value of 1.06 is 37.8% below this industry median. Based on the distribution chart, Hypera ranks #217 out of 672 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Hypera has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hypera's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Hypera ranks #217 out of 672 companies for Cyclically Adjusted PB Ratio. This puts Hypera in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Hypera's value of 1.06 is 37.8% below this benchmark. Historically, Hypera's own Cyclically Adjusted PB Ratio has ranged from 0.94 to 2.88 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 1.71, Hypera 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 Cyclically Adjusted PB Ratio for a Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.71, based on 672 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. Hypera's current Cyclically Adjusted PB Ratio of 1.06 is 37.8% 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 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 Hypera and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hypera's current Cyclically Adjusted PB Ratio is 1.06, which is 48% below median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hypera stock overvalued right now?
Based on GuruFocus' analysis, Hypera (BSP:HYPE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$30.11, compared to a current price of R$21.17 — trading 29.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.06, which is 48% below median its 10-year median of 2.03 and 37.8% below the Drug Manufacturers industry median of 1.71. Hypera's overall GF Score™ is 93/100 with 4 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 Hypera (BSP:HYPE3), the current Cyclically Adjusted PB Ratio is 1.06 as of Aug. 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 Hypera (BSP:HYPE3) Overvalued in 2026?

Based on GuruFocus' analysis, Hypera stock appears to be undervalued. The current stock price of R$21.17 is trading 29.7% below its estimated GF Value™ of R$30.11. GuruFocus considers Hypera to be Possible Value Trap.

Key valuation signals for BSP:HYPE3:

  • Cyclically Adjusted PB Ratio: 1.06 (48% below median its 10-year median of 2.03)
  • GF Value™: R$30.11 vs. price of R$21.17 (29.7% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 37.8% below the Drug Manufacturers median (#217 of 672)

No single metric tells the full story. See the BSP:HYPE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hypera Business Description

Other Exchanges HYPMY:USAHM6A:Germany
Address Avenida Magalhaes de Castro, 4800, 240 Floor Continental Tower Building, Bairro Cidade Jardim, Sao Paulo, SP, BRA, CEP 05676-120
Hypera SA is a specialty and generic drug manufacturing company. The company operates in the prescription medicines, over-the-counter (OTC) medicines, branded generics, and generics, and skincare segments within the retail pharmaceutical market. The company also has a wide sales and distribution structure. The company's product portfolio includes key brands in Gastroenterology, Pain, Sun Protection, Skin Moisture, and Cleansing within the over-the-counter (OTC) and Skincare segments, as well as new products in Cardiology, Central Nervous System, and Respiratory System within the prescription medicines segment.
93GF Score

Get the complete analysis for BSP:HYPE3

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

R$21.17
Price
R$30.11
GF Value