Phibro Animal Health (FRA:PB8) Cyclically Adjusted PB Ratio: 5.49 (As of Sep. 09, 2026) — 38% Above Median

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FRA:PB8 Phibro Animal Health Corp FRA:PB8
76 GF Score
Price €32.60
GF Value €27.40
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Phibro Animal Health Cyclically Adjusted PB Ratio?

Phibro Animal Health FRA:PB8 76 Cyclically Adjusted PB Ratio is 5.49 as of Sep. 09, 2026, which is 38% above its 10-year median of 3.98. GuruFocus rates FRA:PB8 with a GF Score™ of 76/100 and a GF Value™ of €27.40 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 634 Drug Manufacturers companies, Phibro Animal Health ranks worse than 87.38% on this metric.

As of today (2026-09-09), Phibro Animal Health's current share price is €32.60. Phibro Animal Health's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €5.94. Phibro Animal Health's Cyclically Adjusted PB Ratio for today is 5.49.

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

FRA:PB8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.98   Max: 8.87
Current: 5.52

During the past years, Phibro Animal Health's highest Cyclically Adjusted PB Ratio was 8.87. The lowest was 2.16. And the median was 3.98.

FRA:PB8's Cyclically Adjusted PB Ratio is ranked worse than
87.38% of 634 companies
in the Drug Manufacturers industry
Industry Median: 1.71 vs FRA:PB8: 5.52

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.

Phibro Animal Health's adjusted book value per share data for the three months ended in Jun. 2026 was €8.248. 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 €5.94 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Phibro Animal Health  (FRA:PB8) 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.


Phibro Animal Health Cyclically Adjusted PB Ratio Related Terms


Phibro Animal Health Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Phibro Animal Health'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.

Phibro Animal Health Cyclically Adjusted PB Ratio Chart

Phibro Animal Health Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.26 3.12 3.23 4.33 4.65

Phibro Animal Health 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 4.33 6.62 5.97 8.47 4.65

FRA:PB8 vs XERS, HROW, ANIP: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Phibro Animal Health'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.


Phibro Animal Health Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


FRA:PB8
76GF Score
Phibro Animal Health Corp FRA:PB8
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phibro Animal Health 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.

Phibro Animal Health's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.60/5.94
=5.49

* 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.

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

For example, Phibro Animal Health'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)
=8.248/333.9520*333.9520
=8.248

Current CPI (Jun. 2026) = 333.9520.

Phibro Animal Health Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.312 241.428 3.198
201612 2.708 241.432 3.746
201703 3.289 243.801 4.505
201706 3.374 244.955 4.600
201709 3.540 246.819 4.790
201712 3.539 246.524 4.794
201803 3.732 249.554 4.994
201806 3.923 251.989 5.199
201809 4.077 252.439 5.393
201812 4.467 251.233 5.938
201903 4.675 254.202 6.142
201906 4.726 256.143 6.162
201909 4.639 256.759 6.034
201912 4.837 256.974 6.286
202003 4.370 258.115 5.654
202006 4.131 257.797 5.351
202009 4.038 260.280 5.181
202012 4.335 260.474 5.558
202103 4.478 264.877 5.646
202106 4.888 271.696 6.008
202109 4.896 274.310 5.961
202112 5.228 278.802 6.262
202203 5.984 287.504 6.951
202206 6.130 296.311 6.909
202209 6.552 296.808 7.372
202212 6.255 296.797 7.038
202303 6.280 301.836 6.948
202306 6.438 305.109 7.047
202309 6.317 307.789 6.854
202312 6.131 306.746 6.675
202403 6.135 312.332 6.560
202406 5.886 314.175 6.257
202409 5.751 315.301 6.091
202412 5.819 315.605 6.157
202503 6.070 319.799 6.339
202506 6.111 322.561 6.327
202509 6.551 324.800 6.736
202512 7.002 324.054 7.216
202603 7.716 330.213 7.803
202606 8.248 333.952 8.248

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 5.49 mean?
Phibro Animal Health (FRA:PB8) has a Cyclically Adjusted PB Ratio of 5.49 as of Sep. 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 Phibro Animal Health and its competitors. This is 38% above median its historical median of 3.98. Over the past decade, Phibro Animal Health's Cyclically Adjusted PB Ratio has ranged from 2.16 to 8.87. According to the industry distribution chart, Phibro Animal Health ranks #554 out of 634 companies in the Drug Manufacturers industry, placing it in the top 87.4%.
Is Phibro Animal Health's Cyclically Adjusted PB Ratio too high?
Phibro Animal Health's current Cyclically Adjusted PB Ratio of 5.49 is 38% above median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 8.87. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. Phibro Animal Health's value of 5.49 is 221.1% above this industry median. Based on the distribution chart, Phibro Animal Health ranks #554 out of 634 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Phibro Animal Health has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phibro Animal Health's Cyclically Adjusted PB Ratio compare to XERS and HROW?
According to the Drug Manufacturers industry distribution chart, Phibro Animal Health ranks #554 out of 634 companies for Cyclically Adjusted PB Ratio. This places Phibro Animal Health in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Phibro Animal Health's value of 5.49 is 221.1% above this benchmark. Historically, Phibro Animal Health's own Cyclically Adjusted PB Ratio has ranged from 2.16 to 8.87 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 1.71, Phibro Animal Health 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 1.71, based on 634 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. Phibro Animal Health's current Cyclically Adjusted PB Ratio of 5.49 is 221.1% 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 Phibro Animal Health 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. Phibro Animal Health's current Cyclically Adjusted PB Ratio is 5.49, which is 38% above median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phibro Animal Health stock overvalued right now?
Based on GuruFocus' analysis, Phibro Animal Health (FRA:PB8) is currently considered Modestly Overvalued. The stock's GF Value™ is €27.40, compared to a current price of €32.60 — trading 19% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.49, which is 38% above median its 10-year median of 3.98 and 221.1% above the Drug Manufacturers industry median of 1.71. Phibro Animal Health's overall GF Score™ is 76/100 with 3 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 Phibro Animal Health (FRA:PB8), the current Cyclically Adjusted PB Ratio is 5.49 as of Sep. 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.

Is Phibro Animal Health (FRA:PB8) Overvalued in 2026?

Based on GuruFocus' analysis, Phibro Animal Health stock appears to be overvalued. The current stock price of €32.60 is trading 19% above its estimated GF Value™ of €27.40. GuruFocus considers Phibro Animal Health to be Modestly Overvalued.

Key valuation signals for FRA:PB8:

  • Cyclically Adjusted PB Ratio: 5.49 (38% above median its 10-year median of 3.98)
  • GF Value™: €27.40 vs. price of €32.60 (19% above fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 221.1% above the Drug Manufacturers median (#554 of 634)

No single metric tells the full story. See the FRA:PB8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phibro Animal Health Business Description

Other Exchanges PAHC:USAPB8:Germany
Address 300 Frank W. Burr Boulevard, Suite 21, 3rd Floor, Glenpointe Centre East, Teaneck, NJ, USA, 07666-6712
Phibro Animal Health Corp operates as a diversified animal health and mineral nutrition company. It develops, manufactures, and markets products for a range of food animals comprising poultry, swine, beef and dairy cattle, and aquaculture. The product portfolio of the company includes animal health products such as antibacterials, anticoccidials, nutritional specialty products and vaccines, and mineral nutrition products. The company operates through three segments, Animal Health, Mineral Nutrition, and Performance Products, of which key revenue is derived from the Animal Health segment which relates to the development, manufacturing, and marketing of antibacterials, nutritional specialty products, and vaccines. The entity sells its products in the U.S. and other international countries.
76GF Score

Get the complete analysis for FRA:PB8

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

€32.60
Price
€27.40
GF Value