Allied Biotech (ROCO:1780) Cyclically Adjusted PB Ratio: 1.74 (As of Aug. 23, 2026) — Near Median

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ROCO:1780 Allied Biotech Corp ROCO:1780
79 GF Score
Price NT$25.10
GF Value NT$22.07
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Allied Biotech Cyclically Adjusted PB Ratio?

Allied Biotech ROCO:1780 +0.40% 79 Cyclically Adjusted PB Ratio is 1.74 as of Aug. 23, 2026, which is 5% above its 10-year median of 1.65. GuruFocus rates ROCO:1780 with a GF Score™ of 79/100 and a GF Value™ of NT$22.07 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 672 Drug Manufacturers companies, Allied Biotech ranks worse than 50.3% on this metric.

As of today (2026-08-23), Allied Biotech's current share price is NT$25.10. Allied Biotech's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$14.43. Allied Biotech's Cyclically Adjusted PB Ratio for today is 1.74.

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

ROCO:1780' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 1.65   Max: 1.74
Current: 1.74

During the past years, Allied Biotech's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 1.55. And the median was 1.65.

ROCO:1780's Cyclically Adjusted PB Ratio is ranked worse than
50.3% of 672 companies
in the Drug Manufacturers industry
Industry Median: 1.705 vs ROCO:1780: 1.74

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.

Allied Biotech's adjusted book value per share data for the three months ended in Jun. 2026 was NT$13.897. 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 NT$14.43 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allied Biotech  (ROCO:1780) 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.


Allied Biotech Cyclically Adjusted PB Ratio Related Terms


Allied Biotech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Allied Biotech'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.

Allied Biotech Cyclically Adjusted PB Ratio Chart

Allied Biotech 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 0.00 0.00 0.00 0.00 0.00

Allied Biotech Quarterly Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.00 0.00 0.00 0.00 1.76

ROCO:1780 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Allied Biotech'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.


Allied Biotech Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


ROCO:1780
79GF Score
Allied Biotech Corp ROCO:1780
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allied Biotech 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.

Allied Biotech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.10/14.43
=1.74

* 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.

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

For example, Allied Biotech'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)
=13.897/333.9520*333.9520
=13.897

Current CPI (Jun. 2026) = 333.9520.

Allied Biotech Quarterly Data

Book Value per Share CPI Adj_Book
200912 8.827 215.949 13.650
201012 9.834 219.179 14.984
201106 9.902 225.722 14.650
201112 9.968 225.672 14.751
201206 10.214 229.478 14.864
201212 10.361 229.601 15.070
201306 10.453 233.504 14.950
201312 10.390 233.049 14.889
201406 10.574 238.343 14.816
201412 10.479 234.812 14.903
201506 10.726 238.638 15.010
201512 10.950 236.525 15.460
201606 11.046 241.018 15.305
201612 11.013 241.432 15.233
201703 0.000 243.801 0.000
201706 10.988 244.955 14.980
201712 11.288 246.524 15.291
201803 11.697 249.554 15.653
201806 11.501 251.989 15.242
201812 11.982 251.233 15.927
201906 11.903 256.143 15.519
201912 12.184 256.974 15.834
202006 11.612 257.797 15.042
202012 12.036 260.474 15.431
202106 12.151 271.696 14.935
202112 11.342 278.802 13.586
202206 11.500 296.311 12.961
202212 12.409 296.797 13.962
202306 11.840 305.109 12.959
202312 12.178 306.746 13.258
202403 0.000 312.332 0.000
202406 12.100 314.175 12.862
202409 0.000 315.301 0.000
202412 12.450 315.605 13.174
202503 13.100 319.799 13.680
202506 11.618 322.561 12.028
202509 12.317 324.800 12.664
202512 12.828 324.054 13.220
202603 13.238 330.213 13.388
202606 13.897 333.952 13.897

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 1.74 mean?
Allied Biotech (ROCO:1780) has a Cyclically Adjusted PB Ratio of 1.74 as of Aug. 23, 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 Allied Biotech and its competitors. This is near median its historical median of 1.65. Over the past decade, Allied Biotech's Cyclically Adjusted PB Ratio has ranged from 1.55 to 1.74. According to the industry distribution chart, Allied Biotech ranks #338 out of 672 companies in the Drug Manufacturers industry, placing it in the top 50.3%.
Is Allied Biotech's Cyclically Adjusted PB Ratio too high?
Allied Biotech's current Cyclically Adjusted PB Ratio of 1.74 is near median its 10-year median of 1.65. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 1.74. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. Allied Biotech's value of 1.74 is 2.1% above this industry median. Based on the distribution chart, Allied Biotech ranks #338 out of 672 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Allied Biotech has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allied Biotech's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Allied Biotech ranks #338 out of 672 companies for Cyclically Adjusted PB Ratio. This places Allied Biotech in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. Allied Biotech's value of 1.74 is 2.1% above this benchmark. Historically, Allied Biotech's own Cyclically Adjusted PB Ratio has ranged from 1.55 to 1.74 over the past decade. While the company's 10-year median is 1.65 vs. the industry median of 1.71, Allied Biotech 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 1.71, based on 672 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. Allied Biotech's current Cyclically Adjusted PB Ratio of 1.74 is 2.1% 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 Allied Biotech and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Biotech's current Cyclically Adjusted PB Ratio is 1.74, which is near median its own 10-year median of 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Biotech stock overvalued right now?
Based on GuruFocus' analysis, Allied Biotech (ROCO:1780) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$22.07, compared to a current price of NT$25.10 — trading 13.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.74, which is near median its 10-year median of 1.65 and 2.1% above the Drug Manufacturers industry median of 1.71. Allied Biotech's overall GF Score™ is 79/100 with 5 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 Allied Biotech (ROCO:1780), the current Cyclically Adjusted PB Ratio is 1.74 as of Aug. 23, 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 Allied Biotech (ROCO:1780) Overvalued in 2026?

Based on GuruFocus' analysis, Allied Biotech stock appears to be overvalued. The current stock price of NT$25.10 is trading 13.7% above its estimated GF Value™ of NT$22.07. GuruFocus considers Allied Biotech to be Modestly Overvalued.

Key valuation signals for ROCO:1780:

  • Cyclically Adjusted PB Ratio: 1.74 (near median its 10-year median of 1.65)
  • GF Value™: NT$22.07 vs. price of NT$25.10 (13.7% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 2.1% above the Drug Manufacturers median (#338 of 672)

No single metric tells the full story. See the ROCO:1780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allied Biotech Business Description

Address No. 76 Tun Hua S. Road, Sec. 2, 12th Floor, Taipei, TWN
Allied Biotech Corp is a Taiwan based manufacturer of carotenoids. It manufactures carotenoid formulations for the food, supplement and feed industries. The company markets its products under the name Altratene.
79GF Score

Get the complete analysis for ROCO:1780

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

NT$25.10
Price
NT$22.07
GF Value