Hisamitsu Pharmaceutical Co (FRA:HPX) Cyclically Adjusted PB Ratio: 1.55 (As of Aug. 05, 2026) — 16% Below Median

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FRA:HPX Hisamitsu Pharmaceutical Co Inc FRA:HPX
65 GF Score
Price €31.80
GF Value €25.90
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What is Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio?

Hisamitsu Pharmaceutical Co FRA:HPX 65 Cyclically Adjusted PB Ratio is 1.55 as of Aug. 05, 2026, which is 16% below its 10-year median of 1.85. GuruFocus rates FRA:HPX with a GF Score™ of 65/100 and a GF Value™ of €25.90. Among 737 Drug Manufacturers companies, Hisamitsu Pharmaceutical Co ranks better than 67.03% on this metric.

As of today (2026-08-05), Hisamitsu Pharmaceutical Co's current share price is €31.80. Hisamitsu Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2025 was €20.54. Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 1.55.

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

FRA:HPX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.85   Max: 3.97
Current: 1.14

During the past years, Hisamitsu Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 3.97. The lowest was 1.14. And the median was 1.85.

FRA:HPX's Cyclically Adjusted PB Ratio is ranked better than
67.03% of 737 companies
in the Drug Manufacturers industry
Industry Median: 1.77 vs FRA:HPX: 1.14

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.

Hisamitsu Pharmaceutical Co's adjusted book value per share data for the three months ended in Nov. 2025 was €21.403. 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 €20.54 for the trailing ten years ended in Nov. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hisamitsu Pharmaceutical Co  (FRA:HPX) 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.


Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hisamitsu Pharmaceutical Co'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.

Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Hisamitsu Pharmaceutical Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.72 1.34 1.25 0.00

Hisamitsu Pharmaceutical Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1.25 1.24 1.16 1.14 0.00

FRA:HPX vs AMPH, ESPR, NIKA: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Hisamitsu Pharmaceutical Co'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.


Hisamitsu Pharmaceutical Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


FRA:HPX
65GF Score
Hisamitsu Pharmaceutical Co Inc FRA:HPX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hisamitsu Pharmaceutical Co 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.

Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.80/20.54
=1.55

* 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.

Hisamitsu Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2025 is calculated as:

For example, Hisamitsu Pharmaceutical Co's adjusted Book Value per Share data for the three months ended in Nov. 2025 was:

Adj_Book=Book Value per Share/CPI of Nov. 2025 (Change)*Current CPI (Nov. 2025)
=21.403/113.2000*113.2000
=21.403

Current CPI (Nov. 2025) = 113.2000.

Hisamitsu Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201602 20.923 97.800 24.218
201605 21.640 98.200 24.945
201608 22.998 97.900 26.592
201611 21.913 98.600 25.158
201702 22.673 98.100 26.163
201705 21.917 98.600 25.162
201708 21.542 98.500 24.757
201711 21.700 99.100 24.787
201802 21.879 99.500 24.891
201805 22.247 99.300 25.361
201808 23.203 99.800 26.318
201811 23.312 100.000 26.389
201902 23.868 99.700 27.100
201905 23.793 100.000 26.934
201908 25.015 100.000 28.317
201911 28.855 100.500 32.501
202002 25.439 100.300 28.711
202005 26.012 100.100 29.416
202008 24.542 100.100 27.754
202011 24.735 99.500 28.141
202102 24.225 99.800 27.478
202105 23.523 99.400 26.789
202108 24.511 99.700 27.830
202111 23.884 100.100 27.010
202202 24.265 100.700 27.277
202205 23.006 101.800 25.582
202208 24.184 102.700 26.657
202211 23.359 103.900 25.450
202302 23.149 104.000 25.197
202305 22.398 105.100 24.124
202308 22.296 105.900 23.833
202311 21.825 106.900 23.111
202402 21.667 106.900 22.944
202405 21.408 108.100 22.418
202408 23.130 109.100 23.999
202411 21.837 110.000 22.472
202502 24.030 110.800 24.551
202505 22.688 111.800 22.972
202508 21.778 112.100 21.992
202511 21.403 113.200 21.403

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 1.55 mean?
Hisamitsu Pharmaceutical Co (FRA:HPX) has a Cyclically Adjusted PB Ratio of 1.55 as of Aug. 05, 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 Hisamitsu Pharmaceutical Co and its competitors. This is 16% below median its historical median of 1.85. Over the past decade, Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 1.14 to 3.97. According to the industry distribution chart, Hisamitsu Pharmaceutical Co ranks #243 out of 737 companies in the Drug Manufacturers industry, placing it in the top 33%.
Is Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Hisamitsu Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.55 is 16% below median its 10-year median of 1.85. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 3.97. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.77. Hisamitsu Pharmaceutical Co's value of 1.55 is 12.4% below this industry median. Based on the distribution chart, Hisamitsu Pharmaceutical Co ranks #243 out of 737 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Hisamitsu Pharmaceutical Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Hisamitsu Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to AMPH and ESPR?
According to the Drug Manufacturers industry distribution chart, Hisamitsu Pharmaceutical Co ranks #243 out of 737 companies for Cyclically Adjusted PB Ratio. This puts Hisamitsu Pharmaceutical Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.77. Hisamitsu Pharmaceutical Co's value of 1.55 is 12.4% below this benchmark. Historically, Hisamitsu Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 1.14 to 3.97 over the past decade. While the company's 10-year median is 1.85 vs. the industry median of 1.77, Hisamitsu Pharmaceutical Co 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 1.77, based on 737 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. Hisamitsu Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.55 is 12.4% 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 Hisamitsu Pharmaceutical Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hisamitsu Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 1.55, which is 16% below median its own 10-year median of 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hisamitsu Pharmaceutical Co stock overvalued right now?
Hisamitsu Pharmaceutical Co (FRA:HPX) has a current Cyclically Adjusted PB Ratio of 1.55. The stock's GF Value™ is €25.90, compared to a current price of €31.80 — trading 22.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.55, which is 16% below median its 10-year median of 1.85 and 12.4% below the Drug Manufacturers industry median of 1.77. Hisamitsu Pharmaceutical Co's overall GF Score™ is 65/100. 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 Hisamitsu Pharmaceutical Co (FRA:HPX), the current Cyclically Adjusted PB Ratio is 1.55 as of Aug. 05, 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 Hisamitsu Pharmaceutical Co (FRA:HPX) Overvalued in 2026?

Based on GuruFocus' analysis, Hisamitsu Pharmaceutical Co stock appears to be overvalued. The current stock price of €31.80 is trading 22.8% above its estimated GF Value™ of €25.90.

Key valuation signals for FRA:HPX:

  • Cyclically Adjusted PB Ratio: 1.55 (16% below median its 10-year median of 1.85)
  • GF Value™: €25.90 vs. price of €31.80 (22.8% above fair value)
  • GF Score™: 65/100
  • Industry Position: 12.4% below the Drug Manufacturers median (#243 of 737)

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


Hisamitsu Pharmaceutical Co Business Description

Other Exchanges HTSUY:USA
Address 408 Tashiro Daikancho, Saga Prefecture, Tosu, JPN, 841-0017
Hisamitsu Pharmaceutical Co Inc is engaged in the research, development, manufacturing, procurement, and sale of pharmaceutical products. The company operates a single business segment, focusing on medical and general pharmaceuticals both in Japan and overseas. It markets drugs under the Salonpas, Nobinobi / Salonsip, Butenalock, and Mohrus brands, which mainly serve topical medication needs with pain relief creams, gels, sprays, lotions, and ointments.
65GF Score

Get the complete analysis for FRA:HPX

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

€31.80
Price
€25.90
GF Value