GNIIF (GNI Group) Cyclically Adjusted PB Ratio: 6.65 (As of Jul. 17, 2026) — 27% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

GNIIF GNI Group Ltd GNIIF
84 GF Score
Price $15.50
GF Value $16.57
! 5 Warning Signs
View Full Analysis

What is GNI Group Cyclically Adjusted PB Ratio?

GNI Group GNIIF 84 Cyclically Adjusted PB Ratio is 6.65 as of Jul. 17, 2026, which is 27% below its 10-year median of 9.14. GuruFocus rates GNIIF with a GF Score™ of 84/100 and a GF Value™ of $16.57. The stock has 5 warning signs investors should review. Among 697 Biotechnology companies, GNI Group ranks worse than 79.91% on this metric.

As of today (2026-07-17), GNI Group's current share price is $15.50. GNI Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.33. GNI Group's Cyclically Adjusted PB Ratio for today is 6.65.

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

GNIIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.23   Med: 9.14   Max: 28.29
Current: 5.88

During the past years, GNI Group's highest Cyclically Adjusted PB Ratio was 28.29. The lowest was 4.23. And the median was 9.14.

GNIIF's Cyclically Adjusted PB Ratio is ranked worse than
79.91% of 697 companies
in the Biotechnology industry
Industry Median: 1.63 vs GNIIF: 5.88

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.

GNI Group's adjusted book value per share data for the three months ended in Mar. 2026 was $5.655. 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 $2.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GNI Group  (OTCPK:GNIIF) 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.


GNI Group Cyclically Adjusted PB Ratio Related Terms


GNI Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GNI Group'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.

GNI Group Cyclically Adjusted PB Ratio Chart

GNI Group 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 8.23 6.08 9.97 9.70 5.68

GNI Group 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 5.73 9.00 6.06 5.68 6.64

GNIIF vs VRTX, REGN, ALNY: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, GNI Group'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.


GNI Group Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, GNI Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GNIIF
84GF Score
GNI Group Ltd GNIIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GNI Group 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.

GNI Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.50/2.33
=6.65

* 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.

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

For example, GNI Group'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)
=5.655/112.7000*112.7000
=5.655

Current CPI (Mar. 2026) = 112.7000.

GNI Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.927 98.100 1.065
201609 0.941 98.000 1.082
201612 0.822 98.400 0.941
201703 0.787 98.100 0.904
201706 2.140 98.500 2.449
201709 2.596 98.800 2.961
201712 2.567 99.400 2.910
201803 2.566 99.200 2.915
201806 2.487 99.200 2.825
201809 2.457 99.900 2.772
201812 1.932 99.700 2.184
201903 1.991 99.700 2.251
201906 2.235 99.800 2.524
201909 2.343 100.100 2.638
201912 2.260 100.500 2.534
202003 2.285 100.300 2.567
202006 2.272 99.900 2.563
202009 2.330 99.900 2.629
202012 2.436 99.300 2.765
202103 3.203 99.900 3.613
202106 3.433 99.500 3.888
202109 3.539 100.100 3.984
202112 3.491 100.100 3.930
202203 3.611 101.100 4.025
202206 3.467 101.800 3.838
202209 3.367 103.100 3.681
202212 3.273 104.100 3.543
202303 3.341 104.400 3.607
202306 3.423 105.200 3.667
202309 3.448 106.200 3.659
202312 4.709 106.800 4.969
202403 4.628 107.200 4.865
202406 4.661 108.200 4.855
202409 4.624 108.900 4.785
202412 4.724 110.700 4.809
202503 4.556 111.100 4.622
202506 4.829 111.700 4.872
202509 6.088 112.000 6.126
202512 5.778 113.000 5.763
202603 5.655 112.700 5.655

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 6.65 mean?
GNI Group (GNIIF) has a Cyclically Adjusted PB Ratio of 6.65 as of Jul. 17, 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 GNI Group and its competitors. This is 27% below median its historical median of 9.14. Over the past decade, GNI Group's Cyclically Adjusted PB Ratio has ranged from 4.23 to 28.29. According to the industry distribution chart, GNI Group ranks #557 out of 697 companies in the Biotechnology industry, placing it in the top 79.9%.
Is GNI Group's Cyclically Adjusted PB Ratio too high?
GNI Group's current Cyclically Adjusted PB Ratio of 6.65 is 27% below median its 10-year median of 9.14. Over the past 10 years, this metric has ranged from a low of 4.23 to a high of 28.29. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. GNI Group's value of 6.65 is 308% above this industry median. Based on the distribution chart, GNI Group ranks #557 out of 697 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, GNI Group has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does GNI Group's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, GNI Group ranks #557 out of 697 companies for Cyclically Adjusted PB Ratio. This places GNI Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. GNI Group's value of 6.65 is 308% above this benchmark. Historically, GNI Group's own Cyclically Adjusted PB Ratio has ranged from 4.23 to 28.29 over the past decade. While the company's 10-year median is 9.14 vs. the industry median of 1.63, GNI Group 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.63, based on 697 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. GNI Group's current Cyclically Adjusted PB Ratio of 6.65 is 308% 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 GNI Group and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GNI Group's current Cyclically Adjusted PB Ratio is 6.65, which is 27% below median its own 10-year median of 9.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GNI Group stock overvalued right now?
GNI Group (GNIIF) has a current Cyclically Adjusted PB Ratio of 6.65. The stock's GF Value™ is $16.57, compared to a current price of $15.50 — trading 6.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.65, which is 27% below median its 10-year median of 9.14 and 308% above the Biotechnology industry median of 1.63. GNI Group's overall GF Score™ is 84/100 with 5 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 GNI Group (GNIIF), the current Cyclically Adjusted PB Ratio is 6.65 as of Jul. 17, 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 GNI Group (GNIIF) Overvalued in 2026?

Based on GuruFocus' analysis, GNI Group stock appears to be undervalued. The current stock price of $15.50 is trading 6.5% below its estimated GF Value™ of $16.57.

Key valuation signals for GNIIF:

  • Cyclically Adjusted PB Ratio: 6.65 (27% below median its 10-year median of 9.14)
  • GF Value™: $16.57 vs. price of $15.50 (6.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 308% above the Biotechnology median (#557 of 697)

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


GNI Group Business Description

Other Exchanges 2160:Japan
Address 2-2-2 Nihonbashi Honcho, 3rd Floor, Nihonbashi Honcho YS Building, Chuo-ku, Tokyo, JPN, 103-0023
GNI Group Ltd is a clinical stage drug development company. It works on the treatment of diseases that are more common in Asia, especially Japan and China. It is engaged in the discovery, development, manufacture, and sale of drugs for the treatment of cancer and inflammatory diseases.
84GF Score

Get the complete analysis for GNIIF

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

$15.50
Price
$16.57
GF Value