EQL Pharma AB (OSTO:EQL) Cyclically Adjusted PB Ratio: 4.36 (As of Jul. 22, 2026) — 73% Below Median

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OSTO:EQL EQL Pharma AB OSTO:EQL
42 GF Score
Price kr20.75
! 4 Warning Signs
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What is EQL Pharma AB Cyclically Adjusted PB Ratio?

EQL Pharma AB OSTO:EQL +1.97% 42 Cyclically Adjusted PB Ratio is 4.36 as of Jul. 22, 2026, which is 73% below its 10-year median of 16.45. GuruFocus rates OSTO:EQL with a GF Score™ of 42/100. The stock has 4 warning signs investors should review. Among 758 Drug Manufacturers companies, EQL Pharma AB ranks worse than 77.04% on this metric.

As of today (2026-07-22), EQL Pharma AB's current share price is kr20.75. EQL Pharma AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr4.76. EQL Pharma AB's Cyclically Adjusted PB Ratio for today is 4.36.

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

OSTO:EQL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.36   Med: 16.45   Max: 23.3
Current: 4.36

During the past years, EQL Pharma AB's highest Cyclically Adjusted PB Ratio was 23.30. The lowest was 4.36. And the median was 16.45.

OSTO:EQL's Cyclically Adjusted PB Ratio is ranked worse than
77.04% of 758 companies
in the Drug Manufacturers industry
Industry Median: 1.855 vs OSTO:EQL: 4.36

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.

EQL Pharma AB's adjusted book value per share data for the three months ended in Mar. 2026 was kr9.044. 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 kr4.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


EQL Pharma AB  (OSTO:EQL) 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.


EQL Pharma AB Cyclically Adjusted PB Ratio Related Terms


EQL Pharma AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for EQL Pharma AB'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.

EQL Pharma AB Cyclically Adjusted PB Ratio Chart

EQL Pharma AB Annual Data
Trend Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 17.88 11.44

EQL Pharma AB 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 17.88 21.88 15.07 12.60 11.44

OSTO:EQL vs ZTS, UTHR: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, EQL Pharma AB'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.


EQL Pharma AB Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where EQL Pharma AB's Cyclically Adjusted PB Ratio falls into.


OSTO:EQL
42GF Score
EQL Pharma AB OSTO:EQL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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EQL Pharma AB 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.

EQL Pharma AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.75/4.76
=4.36

* 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.

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

For example, EQL Pharma AB'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)
=9.044/133.5600*133.5600
=9.044

Current CPI (Mar. 2026) = 133.5600.

EQL Pharma AB Quarterly Data

Book Value per Share CPI Adj_Book
201603 1.998 100.751 2.649
201606 2.002 101.019 2.647
201609 2.003 101.138 2.645
201612 2.242 102.022 2.935
201703 2.157 102.022 2.824
201706 2.150 102.752 2.795
201709 2.175 103.279 2.813
201803 2.134 103.962 2.742
201806 2.139 104.875 2.724
201809 2.185 105.679 2.761
201812 2.726 105.912 3.438
201903 2.691 105.886 3.394
201906 2.691 106.742 3.367
201909 2.728 107.214 3.398
201912 2.778 107.766 3.443
202003 2.784 106.563 3.489
202006 3.170 107.498 3.939
202009 3.281 107.635 4.071
202012 3.356 108.296 4.139
202103 3.139 108.360 3.869
202106 3.225 108.928 3.954
202109 3.420 110.338 4.140
202112 4.030 112.486 4.785
202203 4.254 114.825 4.948
202206 4.508 118.384 5.086
202209 4.765 122.296 5.204
202212 5.183 126.365 5.478
202303 5.325 127.042 5.598
202306 5.560 129.407 5.738
202309 5.730 130.224 5.877
202312 5.953 131.912 6.027
202403 6.115 132.205 6.178
202406 6.473 132.716 6.514
202409 6.809 132.304 6.874
202412 7.155 132.987 7.186
202503 7.605 132.825 7.647
202506 7.943 133.699 7.935
202509 8.804 133.480 8.809
202512 9.136 133.390 9.148
202603 9.044 133.560 9.044

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 4.36 mean?
EQL Pharma AB (OSTO:EQL) has a Cyclically Adjusted PB Ratio of 4.36 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 EQL Pharma AB and its competitors. This is 73% below median its historical median of 16.45. Over the past decade, EQL Pharma AB's Cyclically Adjusted PB Ratio has ranged from 4.36 to 23.30. According to the industry distribution chart, EQL Pharma AB ranks #584 out of 758 companies in the Drug Manufacturers industry, placing it in the top 77%.
Is EQL Pharma AB's Cyclically Adjusted PB Ratio too high?
EQL Pharma AB's current Cyclically Adjusted PB Ratio of 4.36 is 73% below median its 10-year median of 16.45. Over the past 10 years, this metric has ranged from a low of 4.36 to a high of 23.30. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.86. EQL Pharma AB's value of 4.36 is 135% above this industry median. Based on the distribution chart, EQL Pharma AB ranks #584 out of 758 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, EQL Pharma AB has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does EQL Pharma AB's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, EQL Pharma AB ranks #584 out of 758 companies for Cyclically Adjusted PB Ratio. This places EQL Pharma AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.86. EQL Pharma AB's value of 4.36 is 135% above this benchmark. Historically, EQL Pharma AB's own Cyclically Adjusted PB Ratio has ranged from 4.36 to 23.30 over the past decade. While the company's 10-year median is 16.45 vs. the industry median of 1.86, EQL Pharma AB 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 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. EQL Pharma AB's current Cyclically Adjusted PB Ratio of 4.36 is 135% 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 EQL Pharma AB 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. EQL Pharma AB's current Cyclically Adjusted PB Ratio is 4.36, which is 73% below median its own 10-year median of 16.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EQL Pharma AB stock overvalued right now?
EQL Pharma AB (OSTO:EQL) has a current Cyclically Adjusted PB Ratio of 4.36. The current Cyclically Adjusted PB Ratio is 4.36, which is 73% below median its 10-year median of 16.45 and 135% above the Drug Manufacturers industry median of 1.86. EQL Pharma AB's overall GF Score™ is 42/100 with 4 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 EQL Pharma AB (OSTO:EQL), the current Cyclically Adjusted PB Ratio is 4.36 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.

EQL Pharma AB Business Description

Other Exchanges 7JK:Germany
Address Stortorget 1, 3rd Floor, Lund, SWE, 222 23
EQL Pharma AB is a pharmaceutical company focused on efficiently and thoughtfully developing and marketing generic drugs. The company operates in one segment, which is medicine. Its niche generics are divided into four parts based on four sales and marketing models: Retail, Hospital, Branded, and Tests. EQL Pharma specializes in identifying, developing, and selling generics, i.e., medicines that are medically equivalent to originator medicines. The company operates in Sweden, Denmark, Norway, Finland, the rest of Europe, and outside Europe, generating the majority of its revenue from Sweden.
42GF 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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