RGEDF (Chemical Works of Gedeon Richter) Cyclically Adjusted PB Ratio: 1.91 (As of Aug. 14, 2026) — 10% Above Median

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.

RGEDF Chemical Works of Gedeon Richter PLC RGEDF
94 GF Score
Price $41.50
GF Value $35.20
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio?

Chemical Works of Gedeon Richter RGEDF -1.35% 94 Cyclically Adjusted PB Ratio is 1.91 as of Aug. 14, 2026, which is 10% above its 10-year median of 1.73. GuruFocus rates RGEDF with a GF Score™ of 94/100 and a GF Value™ of $35.20 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 722 Drug Manufacturers companies, Chemical Works of Gedeon Richter ranks worse than 53.46% on this metric.

As of today (2026-08-14), Chemical Works of Gedeon Richter's current share price is $41.50. Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $21.74. Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio for today is 1.91.

The historical rank and industry rank for Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio or its related term are showing as below:

RGEDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 1.73   Max: 2.4
Current: 1.97

During the past years, Chemical Works of Gedeon Richter's highest Cyclically Adjusted PB Ratio was 2.40. The lowest was 1.32. And the median was 1.73.

RGEDF's Cyclically Adjusted PB Ratio is ranked worse than
53.46% of 722 companies
in the Drug Manufacturers industry
Industry Median: 1.79 vs RGEDF: 1.97

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.

Chemical Works of Gedeon Richter's adjusted book value per share data for the three months ended in Jun. 2026 was $23.677. 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 $21.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemical Works of Gedeon Richter  (OTCPK:RGEDF) 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.


Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Related Terms


Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chemical Works of Gedeon Richter'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.

Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio Chart

Chemical Works of Gedeon Richter 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 2.13 1.57 1.53 1.71 1.53

Chemical Works of Gedeon Richter Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 1.63 1.57 1.53 1.81 1.82

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

For the Drug Manufacturers - Specialty & Generic subindustry, Chemical Works of Gedeon Richter'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.


Chemical Works of Gedeon Richter Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio falls into.


RGEDF
94GF Score
Chemical Works of Gedeon Richter PLC RGEDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chemical Works of Gedeon Richter 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.

Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.50/21.74
=1.91

* 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.

Chemical Works of Gedeon Richter's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chemical Works of Gedeon Richter'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)
=23.677/175.2800*175.2800
=23.677

Current CPI (Jun. 2026) = 175.2800.

Chemical Works of Gedeon Richter Quarterly Data

Book Value per Share CPI Adj_Book
201603 10.784 99.482 19.001
201606 10.938 100.814 19.017
201609 11.128 100.370 19.433
201612 11.572 101.406 20.002
201703 11.960 102.147 20.523
201706 11.609 102.724 19.809
201709 11.870 102.902 20.219
201712 11.243 103.627 19.017
201803 11.496 104.219 19.334
201806 11.821 105.922 19.562
201809 11.881 106.588 19.538
201812 11.619 106.440 19.134
201903 12.097 108.068 19.621
201906 12.107 109.475 19.385
201909 12.644 109.623 20.217
201912 12.283 110.659 19.456
202003 12.787 112.287 19.960
202006 13.301 112.583 20.708
202009 13.482 113.398 20.839
202012 13.802 113.694 21.278
202103 14.293 116.358 21.531
202106 14.026 118.579 20.733
202109 14.788 119.541 21.683
202112 15.640 122.058 22.460
202203 16.150 126.351 22.404
202206 17.235 132.420 22.813
202209 18.732 143.597 22.865
202212 18.169 152.036 20.947
202303 18.597 158.105 20.617
202306 17.751 158.993 19.569
202309 18.833 161.140 20.486
202312 19.656 160.400 21.479
202403 0.000 163.879 0.000
202406 20.360 164.841 21.649
202412 22.653 167.802 23.663
202503 23.374 171.577 23.879
202506 22.571 172.391 22.949
202512 24.358 173.280 24.639
202603 25.390 174.690 25.476
202606 23.677 175.280 23.677

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 1.91 mean?
Chemical Works of Gedeon Richter (RGEDF) has a Cyclically Adjusted PB Ratio of 1.91 as of Aug. 14, 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 Chemical Works of Gedeon Richter and its competitors. This is 10% above median its historical median of 1.73. Over the past decade, Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio has ranged from 1.32 to 2.40. According to the industry distribution chart, Chemical Works of Gedeon Richter ranks #386 out of 722 companies in the Drug Manufacturers industry, placing it in the top 53.5%.
Is Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio too high?
Chemical Works of Gedeon Richter's current Cyclically Adjusted PB Ratio of 1.91 is 10% above median its 10-year median of 1.73. Over the past 10 years, this metric has ranged from a low of 1.32 to a high of 2.40. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.79. Chemical Works of Gedeon Richter's value of 1.91 is 6.7% above this industry median. Based on the distribution chart, Chemical Works of Gedeon Richter ranks #386 out of 722 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Chemical Works of Gedeon Richter has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemical Works of Gedeon Richter's Cyclically Adjusted PB Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Chemical Works of Gedeon Richter ranks #386 out of 722 companies for Cyclically Adjusted PB Ratio. This places Chemical Works of Gedeon Richter in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Chemical Works of Gedeon Richter's value of 1.91 is 6.7% above this benchmark. Historically, Chemical Works of Gedeon Richter's own Cyclically Adjusted PB Ratio has ranged from 1.32 to 2.40 over the past decade. While the company's 10-year median is 1.73 vs. the industry median of 1.79, Chemical Works of Gedeon Richter 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 1.79, based on 722 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. Chemical Works of Gedeon Richter's current Cyclically Adjusted PB Ratio of 1.91 is 6.7% 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 Chemical Works of Gedeon Richter and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemical Works of Gedeon Richter's current Cyclically Adjusted PB Ratio is 1.91, which is 10% above median its own 10-year median of 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemical Works of Gedeon Richter stock overvalued right now?
Based on GuruFocus' analysis, Chemical Works of Gedeon Richter (RGEDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $35.20, compared to a current price of $41.50 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.91, which is 10% above median its 10-year median of 1.73 and 6.7% above the Drug Manufacturers industry median of 1.79. Chemical Works of Gedeon Richter's overall GF Score™ is 94/100 with 7 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 Chemical Works of Gedeon Richter (RGEDF), the current Cyclically Adjusted PB Ratio is 1.91 as of Aug. 14, 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 Chemical Works of Gedeon Richter (RGEDF) Overvalued in 2026?

Based on GuruFocus' analysis, Chemical Works of Gedeon Richter stock appears to be overvalued. The current stock price of $41.50 is trading 17.9% above its estimated GF Value™ of $35.20. GuruFocus considers Chemical Works of Gedeon Richter to be Modestly Overvalued.

Key valuation signals for RGEDF:

  • Cyclically Adjusted PB Ratio: 1.91 (10% above median its 10-year median of 1.73)
  • GF Value™: $35.20 vs. price of $41.50 (17.9% above fair value)
  • GF Score™: 94/100 with 7 warning signs
  • Industry Position: 6.7% above the Drug Manufacturers median (#386 of 722)

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


Chemical Works of Gedeon Richter Business Description

Address Gyomroi ut 19-21, Budapest, HUN, 1103
Chemical Works of Gedeon Richter PLC is a pharmaceutical company. The company focuses on the development and manufacture of gynaecological, cardiovascular, and central nervous system products. It manufactures medicines including original, generic and licensed products for treatment in the therapeutic area. The group is active in two business segments namely, the Pharma segment comprising Women's Healthcare, Neuropsychiatry, Biotechnology, General Medicine, and Other pharma; and the Others segment includes the remaining wholesale and retail business of the Group and all other activities. The company operates internationally.
94GF Score

Get the complete analysis for RGEDF

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

$41.50
Price
$35.20
GF Value