Teva Pharmaceutical Industries (MEX:TEVA N) Cyclically Adjusted PB Ratio: 2.38 (As of Sep. 05, 2026) — 240% Above Median

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MEX:TEVA N Teva Pharmaceutical Industries Ltd MEX:TEVA N
34 GF Score
Price MXN630.79
GF Value MXN363.11
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Teva Pharmaceutical Industries Cyclically Adjusted PB Ratio?

Teva Pharmaceutical Industries MEX:TEVA N 34 Cyclically Adjusted PB Ratio is 2.38 as of Sep. 05, 2026, which is 240% above its 10-year median of 0.70. GuruFocus rates MEX:TEVA N with a GF Score™ of 34/100 and a GF Value™ of MXN363.11 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 639 Drug Manufacturers companies, Teva Pharmaceutical Industries ranks worse than 63.54% on this metric.

As of today (2026-09-05), Teva Pharmaceutical Industries's current share price is MXN630.79. Teva Pharmaceutical Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN264.64. Teva Pharmaceutical Industries's Cyclically Adjusted PB Ratio for today is 2.38.

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

MEX:TEVA N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.7   Max: 2.62
Current: 2.52

During the past years, Teva Pharmaceutical Industries's highest Cyclically Adjusted PB Ratio was 2.62. The lowest was 0.27. And the median was 0.70.

MEX:TEVA N's Cyclically Adjusted PB Ratio is ranked worse than
63.54% of 639 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs MEX:TEVA N: 2.52

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.

Teva Pharmaceutical Industries's adjusted book value per share data for the three months ended in Jun. 2026 was MXN116.092. 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 MXN264.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teva Pharmaceutical Industries  (MEX:TEVA N) 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.


Teva Pharmaceutical Industries Cyclically Adjusted PB Ratio Related Terms


Teva Pharmaceutical Industries Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Teva Pharmaceutical Industries'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.

Teva Pharmaceutical Industries Cyclically Adjusted PB Ratio Chart

Teva Pharmaceutical Industries 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 0.37 0.48 0.61 1.47 2.14

Teva Pharmaceutical Industries 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 1.10 1.29 2.14 2.03 2.26

MEX:TEVA N vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Teva Pharmaceutical Industries'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.


Teva Pharmaceutical Industries Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


MEX:TEVA N
34GF Score
Teva Pharmaceutical Industries Ltd MEX:TEVA N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teva Pharmaceutical Industries 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.

Teva Pharmaceutical Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=630.79/264.64
=2.38

* 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.

Teva Pharmaceutical Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Teva Pharmaceutical Industries'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)
=116.092/333.9520*333.9520
=116.092

Current CPI (Jun. 2026) = 333.9520.

Teva Pharmaceutical Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 600.239 241.428 830.272
201612 603.627 241.432 834.945
201703 563.443 243.801 771.789
201706 433.646 244.955 591.198
201709 447.466 246.819 605.432
201712 265.136 246.524 359.165
201803 266.357 249.554 356.438
201806 273.665 251.989 362.678
201809 255.243 252.439 337.661
201812 265.077 251.233 352.354
201903 261.792 254.202 343.923
201906 248.435 256.143 323.903
201909 249.286 256.759 324.232
201912 241.270 256.974 313.544
202003 289.610 258.115 374.701
202006 291.787 257.797 377.983
202009 193.362 260.280 248.093
202012 181.883 260.474 233.191
202103 185.431 264.877 233.788
202106 186.338 271.696 229.035
202109 195.123 274.310 237.548
202112 191.097 278.802 228.898
202203 167.558 287.504 194.628
202206 163.706 296.311 184.502
202209 158.780 296.808 178.651
202212 136.958 296.797 154.103
202303 126.451 301.836 139.906
202306 107.883 305.109 118.082
202309 107.671 307.789 116.823
202312 113.647 306.746 123.727
202403 106.642 312.332 114.024
202406 102.830 314.175 109.303
202409 105.398 315.301 111.633
202412 98.830 315.605 104.575
202503 111.695 319.799 116.638
202506 112.058 322.561 116.015
202509 115.922 324.800 119.188
202512 123.868 324.054 127.651
202603 127.422 330.213 128.865
202606 116.092 333.952 116.092

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 2.38 mean?
Teva Pharmaceutical Industries (MEX:TEVA N) has a Cyclically Adjusted PB Ratio of 2.38 as of Sep. 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 Teva Pharmaceutical Industries and its competitors. This is 240% above median its historical median of 0.70. Over the past decade, Teva Pharmaceutical Industries' Cyclically Adjusted PB Ratio has ranged from 0.27 to 2.62. According to the industry distribution chart, Teva Pharmaceutical Industries ranks #406 out of 639 companies in the Drug Manufacturers industry, placing it in the top 63.5%.
Is Teva Pharmaceutical Industries' Cyclically Adjusted PB Ratio too high?
Teva Pharmaceutical Industries' current Cyclically Adjusted PB Ratio of 2.38 is 240% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 2.62. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.76. Teva Pharmaceutical Industries' value of 2.38 is 35.2% above this industry median. Based on the distribution chart, Teva Pharmaceutical Industries ranks #406 out of 639 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Teva Pharmaceutical Industries has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teva Pharmaceutical Industries' Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Teva Pharmaceutical Industries ranks #406 out of 639 companies for Cyclically Adjusted PB Ratio. This places Teva Pharmaceutical Industries in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.76. Teva Pharmaceutical Industries' value of 2.38 is 35.2% above this benchmark. Historically, Teva Pharmaceutical Industries' own Cyclically Adjusted PB Ratio has ranged from 0.27 to 2.62 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 1.76, Teva Pharmaceutical Industries 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 1.76, based on 639 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. Teva Pharmaceutical Industries's current Cyclically Adjusted PB Ratio of 2.38 is 35.2% 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 Teva Pharmaceutical Industries and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teva Pharmaceutical Industries's current Cyclically Adjusted PB Ratio is 2.38, which is 240% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teva Pharmaceutical Industries stock overvalued right now?
Based on GuruFocus' analysis, Teva Pharmaceutical Industries (MEX:TEVA N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN363.11, compared to a current price of MXN630.79 — trading 73.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.38, which is 240% above median its 10-year median of 0.70 and 35.2% above the Drug Manufacturers industry median of 1.76. Teva Pharmaceutical Industries' overall GF Score™ is 34/100 with 6 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 Teva Pharmaceutical Industries (MEX:TEVA N), the current Cyclically Adjusted PB Ratio is 2.38 as of Sep. 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 Teva Pharmaceutical Industries (MEX:TEVA N) Overvalued in 2026?

Based on GuruFocus' analysis, Teva Pharmaceutical Industries stock appears to be overvalued. The current stock price of MXN630.79 is trading 73.7% above its estimated GF Value™ of MXN363.11. GuruFocus considers Teva Pharmaceutical Industries to be Significantly Overvalued.

Key valuation signals for MEX:TEVA N:

  • Cyclically Adjusted PB Ratio: 2.38 (240% above median its 10-year median of 0.70)
  • GF Value™: MXN363.11 vs. price of MXN630.79 (73.7% above fair value)
  • GF Score™: 34/100 with 6 warning signs
  • Industry Position: 35.2% above the Drug Manufacturers median (#406 of 639)

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


Teva Pharmaceutical Industries Business Description

Address 124 Dvora HaNevi’a Street, Tel Aviv, ISR, 6944020
Teva Pharmaceutical, based in Israel, is the world's leading generic drug manufacturer. Teva derives half of its sales from North America and makes up a high-single-digit percentage of the total number of generic prescriptions in the US. It also has a significant presence in Europe, Japan, Russia, and Israel. Besides generics, Teva has a portfolio of innovative medicines and biosimilars in two main therapeutic areas: neurology and immunology. Teva also sells active pharmaceutical ingredients, offers contract manufacturing services, and owns Anda, a US-based generic and specialty drug distributor.
34GF Score

Get the complete analysis for MEX:TEVA N

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

MXN630.79
Price
MXN363.11
GF Value