QGEN (Qiagen NV) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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.

QGEN Qiagen NV QGEN
75 GF Score
Price $43.33
GF Value $49.42
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Qiagen NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Qiagen NV  (NYSE:QGEN) 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.


Qiagen NV Cyclically Adjusted PB Ratio Related Terms


Qiagen NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qiagen NV'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.

Qiagen NV Cyclically Adjusted PB Ratio Chart

Qiagen NV 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 4.23 3.47 2.97 2.83 2.69

Qiagen NV 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 2.96 2.71 2.73 2.29 2.23

QGEN vs TWST, RDNT, SHC: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, Qiagen NV'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.


Qiagen NV Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Qiagen NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


QGEN
75GF Score
Qiagen NV QGEN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Qiagen NV 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.

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

For example, Qiagen NV'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)
=16.261/137.7000*137.7000
=16.261

Current CPI (Jun. 2026) = 137.7000.

Qiagen NV Quarterly Data

Book Value per Share CPI Adj_Book
201609 13.191 100.570 18.061
201612 12.883 100.710 17.615
201703 11.913 101.440 16.171
201706 12.253 101.370 16.644
201709 12.655 102.030 17.079
201712 12.519 101.970 16.906
201803 12.671 102.470 17.027
201806 12.408 103.100 16.572
201809 12.469 103.950 16.517
201812 13.042 103.970 17.273
201903 12.899 105.370 16.857
201906 12.974 105.840 16.879
201909 12.160 106.700 15.693
201912 12.432 106.800 16.029
202003 12.189 106.850 15.708
202006 12.803 107.510 16.398
202009 13.229 107.880 16.886
202012 13.698 107.850 17.489
202103 13.952 108.870 17.647
202106 14.579 109.670 18.305
202109 14.797 110.790 18.391
202112 15.221 114.010 18.384
202203 15.901 119.460 18.329
202206 16.091 119.050 18.612
202209 16.313 126.890 17.703
202212 16.992 124.940 18.727
202303 17.431 124.720 19.245
202306 17.726 125.830 19.398
202309 18.068 127.160 19.566
202312 18.206 126.450 19.826
202403 17.406 128.580 18.641
202406 16.589 129.910 17.584
202409 17.196 131.610 17.992
202412 17.375 131.630 18.176
202503 16.565 133.330 17.108
202506 17.018 133.960 17.493
202509 17.716 135.920 17.948
202512 18.334 135.470 18.636
202603 16.154 136.840 16.256
202606 16.261 137.700 16.261

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.

Is Qiagen NV (QGEN) Overvalued in 2026?

Based on GuruFocus' analysis, Qiagen NV stock appears to be undervalued. The current stock price of $43.33 is trading 12.3% below its estimated GF Value™ of $49.42. GuruFocus considers Qiagen NV to be Modestly Undervalued.

Key valuation signals for QGEN:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $49.42 vs. price of $43.33 (12.3% below fair value)
  • GF Score™: 75/100 with 3 warning signs

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


Qiagen NV Business Description

Address Hulsterweg 82, Venlo, LI, NLD, 5912 PL
Qiagen offers proprietary sample and assay technology to extract, purify, amplify, and interpret DNA, RNA, and proteins. The company's sales are split almost evenly between applications in life sciences and molecular diagnostics. Qiagen generates nearly 90% of its revenue from consumables with the balance coming from instrumentation and related services. The Americas account for the largest portion of the firm's revenue (52% of 2024 sales), followed by EMEA (33%), and the Asia-Pacific (15%).
75GF Score

Get the complete analysis for QGEN

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

$43.33
Price
$49.42
GF Value