HKMPF (Hikma Pharmaceuticals) Cyclically Adjusted PB Ratio: 1.75 (As of Jul. 22, 2026) — 49% Below Median

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HKMPF Hikma Pharmaceuticals PLC HKMPF
82 GF Score
Price $20.37
GF Value $27.87
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Hikma Pharmaceuticals Cyclically Adjusted PB Ratio?

Hikma Pharmaceuticals HKMPF 82 Cyclically Adjusted PB Ratio is 1.75 as of Jul. 22, 2026, which is 49% below its 10-year median of 3.45. GuruFocus rates HKMPF with a GF Score™ of 82/100 and a GF Value™ of $27.87 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 758 Drug Manufacturers companies, Hikma Pharmaceuticals ranks better than 51.72% on this metric.

As of today (2026-07-22), Hikma Pharmaceuticals's current share price is $20.37. Hikma Pharmaceuticals's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $11.65. Hikma Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 1.75.

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

HKMPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 3.45   Max: 9.68
Current: 1.79

During the past 13 years, Hikma Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 9.68. The lowest was 1.40. And the median was 3.45.

HKMPF's Cyclically Adjusted PB Ratio is ranked better than
51.72% of 758 companies
in the Drug Manufacturers industry
Industry Median: 1.855 vs HKMPF: 1.79

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.

Hikma Pharmaceuticals's adjusted book value per share data of for the fiscal year that ended in Dec25 was $11.781. 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 $11.65 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hikma Pharmaceuticals  (OTCPK:HKMPF) 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.


Hikma Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


Hikma Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hikma Pharmaceuticals'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.

Hikma Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Hikma Pharmaceuticals 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 3.80 2.27 2.38 2.47 1.80

Hikma Pharmaceuticals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.38 0.00 2.47 0.00 1.80

HKMPF vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison

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


Hikma Pharmaceuticals Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


HKMPF
82GF Score
Hikma Pharmaceuticals PLC HKMPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hikma Pharmaceuticals 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.

Hikma Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.37/11.65
=1.75

* 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.

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

For example, Hikma Pharmaceuticals'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)
=11.781/139.9000*139.9000
=11.781

Current CPI (Dec25) = 139.9000.

Hikma Pharmaceuticals Annual Data

Book Value per Share CPI Adj_Book
201612 9.985 102.200 13.668
201712 6.291 105.000 8.382
201812 6.979 107.100 9.116
201912 8.736 108.500 11.264
202012 9.263 109.400 11.845
202112 10.596 114.700 12.924
202212 9.694 125.300 10.824
202312 9.942 130.500 10.658
202412 10.479 135.100 10.851
202512 11.781 139.900 11.781

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 1.75 mean?
Hikma Pharmaceuticals (HKMPF) has a Cyclically Adjusted PB Ratio of 1.75 as of Jul. 22, 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 Hikma Pharmaceuticals and its competitors. This is 49% below median its historical median of 3.45. Over the past decade, Hikma Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 1.40 to 9.68. According to the industry distribution chart, Hikma Pharmaceuticals ranks #366 out of 758 companies in the Drug Manufacturers industry, placing it in the top 48.3%.
Is Hikma Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
Hikma Pharmaceuticals' current Cyclically Adjusted PB Ratio of 1.75 is 49% below median its 10-year median of 3.45. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 9.68. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.86. Hikma Pharmaceuticals' value of 1.75 is 5.7% below this industry median. Based on the distribution chart, Hikma Pharmaceuticals ranks #366 out of 758 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Hikma Pharmaceuticals has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hikma Pharmaceuticals' Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Hikma Pharmaceuticals ranks #366 out of 758 companies for Cyclically Adjusted PB Ratio. This puts Hikma Pharmaceuticals in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. Hikma Pharmaceuticals' value of 1.75 is 5.7% below this benchmark. Historically, Hikma Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 1.40 to 9.68 over the past decade. While the company's 10-year median is 3.45 vs. the industry median of 1.86, Hikma Pharmaceuticals 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 1.86, based on 758 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. Hikma Pharmaceuticals's current Cyclically Adjusted PB Ratio of 1.75 is 5.7% 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 Hikma Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hikma Pharmaceuticals's current Cyclically Adjusted PB Ratio is 1.75, which is 49% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hikma Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Hikma Pharmaceuticals (HKMPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $27.87, compared to a current price of $20.37 — trading 26.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.75, which is 49% below median its 10-year median of 3.45 and 5.7% below the Drug Manufacturers industry median of 1.86. Hikma Pharmaceuticals' overall GF Score™ is 82/100 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 Hikma Pharmaceuticals (HKMPF), the current Cyclically Adjusted PB Ratio is 1.75 as of Jul. 22, 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 Hikma Pharmaceuticals (HKMPF) Overvalued in 2026?

Based on GuruFocus' analysis, Hikma Pharmaceuticals stock appears to be undervalued. The current stock price of $20.37 is trading 26.9% below its estimated GF Value™ of $27.87. GuruFocus considers Hikma Pharmaceuticals to be Modestly Undervalued.

Key valuation signals for HKMPF:

  • Cyclically Adjusted PB Ratio: 1.75 (49% below median its 10-year median of 3.45)
  • GF Value™: $27.87 vs. price of $20.37 (26.9% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 5.7% below the Drug Manufacturers median (#366 of 758)

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


Hikma Pharmaceuticals Business Description

Address 10 Portman Square, London, GBR, W1H 6AZ
Hikma Pharmaceuticals PLC is engaged in developing, manufacturing, and marketing a broad range of generic, branded, and in-licensed pharmaceutical products. The firm operates in three segments: injectables, Rx, and branded. The majority of the company's revenue is generated from its injectables segment, which supplies hospitals across markets with generic injectable products, supported by its manufacturing facilities. Geographically, North America is the company's key revenue-generating market, followed by the Middle East and North Africa, the United Kingdom, Europe, and the rest of the world.
82GF Score

Get the complete analysis for HKMPF

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

$20.37
Price
$27.87
GF Value