Galenica (CHIX:GALEZ) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:GALEZ Galenica Ltd CHIX:GALEZ
68 GF Score
Price CHF82.83
GF Value CHF88.64
Valuation Fairly Valued
! 1 Warning Sign
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What is Galenica Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Galenica  (CHIX:GALEz) 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.


Galenica Cyclically Adjusted PB Ratio Related Terms


Galenica Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Galenica'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.

Galenica Cyclically Adjusted PB Ratio Chart

Galenica 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 - - 3.94 3.53 4.18

Galenica Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 3.92 3.53 4.07 4.18 3.58

CHIX:GALEZ vs MCK, COR, CAH: Cyclically Adjusted PB Ratio Comparison

For the Medical Distribution subindustry, Galenica'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.


Galenica Cyclically Adjusted PB Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Galenica's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CHIX:GALEZ
68GF Score
Galenica Ltd CHIX:GALEZ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Galenica 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.

Galenica's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Galenica's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=29.805/107.2000*107.2000
=29.805

Current CPI (Dec25) = 107.2000.

Galenica Annual Data

Book Value per Share CPI Adj_Book
201612 7.750 99.380 8.360
201712 17.579 100.213 18.805
201812 18.985 100.906 20.169
201912 20.259 101.063 21.489
202012 21.281 100.241 22.758
202112 24.853 101.776 26.178
202212 25.081 104.666 25.688
202312 29.603 106.461 29.808
202412 31.145 107.128 31.166
202512 29.805 107.200 29.805

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.

Is Galenica (CHIX:GALEZ) Overvalued in 2026?

Based on GuruFocus' analysis, Galenica stock appears to be undervalued. The current stock price of CHF82.83 is trading 6.6% below its estimated GF Value™ of CHF88.64. GuruFocus considers Galenica to be Fairly Valued.

Key valuation signals for CHIX:GALEZ:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: CHF88.64 vs. price of CHF82.83 (6.6% below fair value)
  • GF Score™: 68/100 with 1 warning sign

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


Galenica Business Description

Address Untermattweg 8, Bern, CHE, CH-3027
Galenica Ltd is an integrated healthcare service provider in Switzerland. The business is operated from two segments Products & Care and Logistics & IT. The Products & Care segment comprises the Retail business area with offerings for patients and end customers and the Professionals business area with offerings for business customers and partners in the healthcare sector. The Logistics & IT segment comprises the two sectors Wholesale and Logistics & IT Services. These provide services for all those involved in the healthcare sector - pharmacies, drugstores, doctors, hospitals and care homes, partners, and suppliers. Geographically, it operates in Switzerland and Other Countries.
68GF Score

Get the complete analysis for CHIX:GALEZ

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

CHF82.83
Price
CHF88.64
GF Value