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PharmaNutra SpAMIL:PHN +1.19%88 Cyclically Adjusted PB Ratio is 18.74 as of Jul. 20, 2026, which is 35% above its 10-year median of 13.90. GuruFocus rates MIL:PHN with a GF Score™ of 88/100 and a GF Value™ of €72.06 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 757 Drug Manufacturers companies, PharmaNutra SpA ranks worse than 96.57% on this metric.
The historical rank and industry rank for PharmaNutra SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:
MIL:PHN'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 11.9 Med: 13.9 Max: 18.74
Current: 18.74
During the past 11 years, PharmaNutra SpA's highest Cyclically Adjusted PB Ratio was 18.74. The lowest was 11.90. And the median was 13.90.
MIL:PHN's Cyclically Adjusted PB Ratio is ranked worse than 96.57% of 757
companies
in the Drug Manufacturers industry
Industry Median: 1.86
vs MIL:PHN: 18.74
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.
PharmaNutra SpA's adjusted book value per share data of for the fiscal year that ended in Dec25 was €7.452. 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 €4.53 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
PharmaNutra SpA (MIL:PHN) 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.
PharmaNutra SpA Cyclically Adjusted PB Ratio Related Terms
PharmaNutra SpA Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for PharmaNutra SpA'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.
PharmaNutra SpA Cyclically Adjusted PB Ratio Chart
MIL:PHN vs ZTS, UTHR, VTRS: Cyclically Adjusted PB Ratio Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, PharmaNutra SpA'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.
PharmaNutra SpA Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, PharmaNutra SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where PharmaNutra SpA's Cyclically Adjusted PB Ratio falls into.
PharmaNutra SpA 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.
PharmaNutra SpA's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 18.74 mean?
PharmaNutra SpA (MIL:PHN) has a Cyclically Adjusted PB Ratio of 18.74 as of Jul. 20, 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 PharmaNutra SpA and its competitors. This is 35% above median its historical median of 13.90. Over the past decade, PharmaNutra SpA's Cyclically Adjusted PB Ratio has ranged from 11.90 to 18.74. According to the industry distribution chart, PharmaNutra SpA ranks #731 out of 757 companies in the Drug Manufacturers industry, placing it in the top 96.6%.
Is PharmaNutra SpA's Cyclically Adjusted PB Ratio too high?
PharmaNutra SpA's current Cyclically Adjusted PB Ratio of 18.74 is 35% above median its 10-year median of 13.90. Over the past 10 years, this metric has ranged from a low of 11.90 to a high of 18.74. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.86. PharmaNutra SpA's value of 18.74 is 907.5% above this industry median. Based on the distribution chart, PharmaNutra SpA ranks #731 out of 757 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, PharmaNutra SpA has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PharmaNutra SpA's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, PharmaNutra SpA ranks #731 out of 757 companies for Cyclically Adjusted PB Ratio. This places PharmaNutra SpA in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. PharmaNutra SpA's value of 18.74 is 907.5% above this benchmark. Historically, PharmaNutra SpA's own Cyclically Adjusted PB Ratio has ranged from 11.90 to 18.74 over the past decade. While the company's 10-year median is 13.90 vs. the industry median of 1.86, PharmaNutra SpA 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 1.86, based on 757 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. PharmaNutra SpA's current Cyclically Adjusted PB Ratio of 18.74 is 907.5% 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 PharmaNutra SpA 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. PharmaNutra SpA's current Cyclically Adjusted PB Ratio is 18.74, which is 35% above median its own 10-year median of 13.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PharmaNutra SpA stock overvalued right now?
Based on GuruFocus' analysis, PharmaNutra SpA (MIL:PHN) is currently considered Modestly Overvalued. The stock's GF Value™ is €72.06, compared to a current price of €84.90 — trading 17.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 18.74, which is 35% above median its 10-year median of 13.90 and 907.5% above the Drug Manufacturers industry median of 1.86. PharmaNutra SpA's overall GF Score™ is 88/100 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 PharmaNutra SpA (MIL:PHN), the current Cyclically Adjusted PB Ratio is 18.74 as of Jul. 20, 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 PharmaNutra SpA (MIL:PHN) Overvalued in 2026?
Based on GuruFocus' analysis, PharmaNutra SpA stock appears to be overvalued.
The current stock price of €84.90 is trading 17.8% above its estimated GF Value™ of €72.06.
GuruFocus considers PharmaNutra SpA to be Modestly Overvalued.
Key valuation signals for MIL:PHN:
Cyclically Adjusted PB Ratio: 18.74 (35% above median its 10-year median of 13.90)
GF Value™: €72.06 vs. price of €84.90 (17.8% above fair value)
Industry Position: 907.5% above the Drug Manufacturers median (#731 of 757)
No single metric tells the full story. See the MIL:PHN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PharmaNutra SpA is a pharmaceutical company. The company is engaged in the research, design, development, and marketing of nutraceutical supplements and medical devices. The products of the company include SiderAL Folic, UltraMag, Cetilar, and others. The company operates in Europe, the Middle East, South America, the Far East, and other regions.
88GF Score
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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