TaiGen Biopharmaceuticals Holdings (ROCO:4157) Cyclically Adjusted PB Ratio: 5.14 (As of Aug. 16, 2026) — 44% Below Median

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ROCO:4157 TaiGen Biopharmaceuticals Holdings Ltd ROCO:4157
58 GF Score
Price NT$8.84
GF Value NT$31.06
Valuation Significantly Undervalued
! 1 Warning Sign
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What is TaiGen Biopharmaceuticals Holdings Cyclically Adjusted PB Ratio?

TaiGen Biopharmaceuticals Holdings ROCO:4157 -3.18% 58 Cyclically Adjusted PB Ratio is 5.14 as of Aug. 16, 2026, which is 44% below its 10-year median of 9.23. GuruFocus rates ROCO:4157 with a GF Score™ of 58/100 and a GF Value™ of NT$31.06 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 693 Biotechnology companies, TaiGen Biopharmaceuticals Holdings ranks worse than 76.77% on this metric.

As of today (2026-08-16), TaiGen Biopharmaceuticals Holdings's current share price is NT$8.84. TaiGen Biopharmaceuticals Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$1.72. TaiGen Biopharmaceuticals Holdings's Cyclically Adjusted PB Ratio for today is 5.14.

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

ROCO:4157' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.73   Med: 9.23   Max: 16.64
Current: 5.14

During the past years, TaiGen Biopharmaceuticals Holdings's highest Cyclically Adjusted PB Ratio was 16.64. The lowest was 4.73. And the median was 9.23.

ROCO:4157's Cyclically Adjusted PB Ratio is ranked worse than
76.77% of 693 companies
in the Biotechnology industry
Industry Median: 1.64 vs ROCO:4157: 5.14

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.

TaiGen Biopharmaceuticals Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was NT$1.472. 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$1.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TaiGen Biopharmaceuticals Holdings  (ROCO:4157) 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.


TaiGen Biopharmaceuticals Holdings Cyclically Adjusted PB Ratio Related Terms


TaiGen Biopharmaceuticals Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TaiGen Biopharmaceuticals Holdings'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.

TaiGen Biopharmaceuticals Holdings Cyclically Adjusted PB Ratio Chart

TaiGen Biopharmaceuticals Holdings 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 14.01 10.64 9.40 7.05 7.93

TaiGen Biopharmaceuticals Holdings 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 6.44 5.55 5.19 7.93 6.46

ROCO:4157 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, TaiGen Biopharmaceuticals Holdings'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.


TaiGen Biopharmaceuticals Holdings Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, TaiGen Biopharmaceuticals Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TaiGen Biopharmaceuticals Holdings's Cyclically Adjusted PB Ratio falls into.


ROCO:4157
58GF Score
TaiGen Biopharmaceuticals Holdings Ltd ROCO:4157
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TaiGen Biopharmaceuticals Holdings 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.

TaiGen Biopharmaceuticals Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.84/1.72
=5.14

* 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.

TaiGen Biopharmaceuticals Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, TaiGen Biopharmaceuticals Holdings'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)
=1.472/330.2130*330.2130
=1.472

Current CPI (Mar. 2026) = 330.2130.

TaiGen Biopharmaceuticals Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.110 241.018 1.521
201609 1.019 241.428 1.394
201612 0.943 241.432 1.290
201703 0.867 243.801 1.174
201706 2.232 244.955 3.009
201709 2.174 246.819 2.909
201712 1.987 246.524 2.662
201803 1.957 249.554 2.590
201806 1.841 251.989 2.412
201809 1.657 252.439 2.168
201812 1.525 251.233 2.004
201903 1.493 254.202 1.939
201906 1.572 256.143 2.027
201909 1.419 256.759 1.825
201912 1.137 256.974 1.461
202003 1.034 258.115 1.323
202006 0.886 257.797 1.135
202009 0.759 260.280 0.963
202012 0.617 260.474 0.782
202103 0.568 264.877 0.708
202106 2.121 271.696 2.578
202109 1.938 274.310 2.333
202112 1.749 278.802 2.072
202203 1.682 287.504 1.932
202206 1.564 296.311 1.743
202209 1.499 296.808 1.668
202212 1.353 296.797 1.505
202303 1.279 301.836 1.399
202306 1.328 305.109 1.437
202309 1.270 307.789 1.363
202312 1.559 306.746 1.678
202403 1.546 312.332 1.635
202406 1.632 314.175 1.715
202409 1.551 315.301 1.624
202412 1.508 315.605 1.578
202503 1.457 319.799 1.504
202506 1.355 322.561 1.387
202509 1.253 324.800 1.274
202512 1.510 324.054 1.539
202603 1.472 330.213 1.472

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 5.14 mean?
TaiGen Biopharmaceuticals Holdings (ROCO:4157) has a Cyclically Adjusted PB Ratio of 5.14 as of Aug. 16, 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 TaiGen Biopharmaceuticals Holdings and its competitors. This is 44% below median its historical median of 9.23. Over the past decade, TaiGen Biopharmaceuticals Holdings' Cyclically Adjusted PB Ratio has ranged from 4.73 to 16.64. According to the industry distribution chart, TaiGen Biopharmaceuticals Holdings ranks #532 out of 693 companies in the Biotechnology industry, placing it in the top 76.8%.
Is TaiGen Biopharmaceuticals Holdings' Cyclically Adjusted PB Ratio too high?
TaiGen Biopharmaceuticals Holdings' current Cyclically Adjusted PB Ratio of 5.14 is 44% below median its 10-year median of 9.23. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 16.64. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.64. TaiGen Biopharmaceuticals Holdings' value of 5.14 is 213.4% above this industry median. Based on the distribution chart, TaiGen Biopharmaceuticals Holdings ranks #532 out of 693 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, TaiGen Biopharmaceuticals Holdings has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TaiGen Biopharmaceuticals Holdings' Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, TaiGen Biopharmaceuticals Holdings ranks #532 out of 693 companies for Cyclically Adjusted PB Ratio. This places TaiGen Biopharmaceuticals Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. TaiGen Biopharmaceuticals Holdings' value of 5.14 is 213.4% above this benchmark. Historically, TaiGen Biopharmaceuticals Holdings' own Cyclically Adjusted PB Ratio has ranged from 4.73 to 16.64 over the past decade. While the company's 10-year median is 9.23 vs. the industry median of 1.64, TaiGen Biopharmaceuticals Holdings 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.64, based on 693 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. TaiGen Biopharmaceuticals Holdings's current Cyclically Adjusted PB Ratio of 5.14 is 213.4% 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 TaiGen Biopharmaceuticals Holdings and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TaiGen Biopharmaceuticals Holdings's current Cyclically Adjusted PB Ratio is 5.14, which is 44% below median its own 10-year median of 9.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TaiGen Biopharmaceuticals Holdings stock overvalued right now?
Based on GuruFocus' analysis, TaiGen Biopharmaceuticals Holdings (ROCO:4157) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$31.06, compared to a current price of NT$8.84 — trading 71.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.14, which is 44% below median its 10-year median of 9.23 and 213.4% above the Biotechnology industry median of 1.64. TaiGen Biopharmaceuticals Holdings' overall GF Score™ is 58/100 with 1 warning sign 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 TaiGen Biopharmaceuticals Holdings (ROCO:4157), the current Cyclically Adjusted PB Ratio is 5.14 as of Aug. 16, 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 TaiGen Biopharmaceuticals Holdings (ROCO:4157) Overvalued in 2026?

Based on GuruFocus' analysis, TaiGen Biopharmaceuticals Holdings stock appears to be undervalued. The current stock price of NT$8.84 is trading 71.5% below its estimated GF Value™ of NT$31.06. GuruFocus considers TaiGen Biopharmaceuticals Holdings to be Significantly Undervalued.

Key valuation signals for ROCO:4157:

  • Cyclically Adjusted PB Ratio: 5.14 (44% below median its 10-year median of 9.23)
  • GF Value™: NT$31.06 vs. price of NT$8.84 (71.5% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 213.4% above the Biotechnology median (#532 of 693)

No single metric tells the full story. See the ROCO:4157 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TaiGen Biopharmaceuticals Holdings Business Description

Address No. 138 Xinming Road, 7th Floor, Neihu District, Taipei, TWN, 114
TaiGen Biopharmaceuticals Holdings Ltd is mainly engaged in the research and development of new drugs, including the selection of drug candidates, pre-IND trials and clinical trials. Its operating segment includes development, research and sales of new drugs, and other. The majority of the revenue is generated from development, research and sales of new drugs.
58GF Score

Get the complete analysis for ROCO:4157

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

NT$8.84
Price
NT$31.06
GF Value