Excelsior Biopharma (ROCO:6496) Cyclically Adjusted PB Ratio: 0.79 (As of Aug. 15, 2026) — 17% Below Median

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ROCO:6496 Excelsior Biopharma Inc ROCO:6496
53 GF Score
Price NT$24.20
GF Value NT$34.28
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Excelsior Biopharma Cyclically Adjusted PB Ratio?

Excelsior Biopharma ROCO:6496 -0.41% 53 Cyclically Adjusted PB Ratio is 0.79 as of Aug. 15, 2026, which is 17% below its 10-year median of 0.95. GuruFocus rates ROCO:6496 with a GF Score™ of 53/100 and a GF Value™ of NT$34.28 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 716 Drug Manufacturers companies, Excelsior Biopharma ranks better than 77.09% on this metric.

As of today (2026-08-15), Excelsior Biopharma's current share price is NT$24.20. Excelsior Biopharma's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$30.56. Excelsior Biopharma's Cyclically Adjusted PB Ratio for today is 0.79.

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

ROCO:6496' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.95   Max: 1.13
Current: 0.8

During the past years, Excelsior Biopharma's highest Cyclically Adjusted PB Ratio was 1.13. The lowest was 0.75. And the median was 0.95.

ROCO:6496's Cyclically Adjusted PB Ratio is ranked better than
77.09% of 716 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs ROCO:6496: 0.80

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.

Excelsior Biopharma's adjusted book value per share data for the three months ended in Mar. 2026 was NT$16.013. 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$30.56 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Excelsior Biopharma  (ROCO:6496) 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.


Excelsior Biopharma Cyclically Adjusted PB Ratio Related Terms


Excelsior Biopharma Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Excelsior Biopharma'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.

Excelsior Biopharma Cyclically Adjusted PB Ratio Chart

Excelsior Biopharma 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 0.96 0.99 0.96

Excelsior Biopharma 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 0.88 0.78 0.96 0.96 0.89

ROCO:6496 vs ZTS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Excelsior Biopharma'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.


Excelsior Biopharma Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


ROCO:6496
53GF Score
Excelsior Biopharma Inc ROCO:6496
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excelsior Biopharma 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.

Excelsior Biopharma's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.20/30.56
=0.79

* 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.

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

For example, Excelsior Biopharma'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)
=16.013/330.2130*330.2130
=16.013

Current CPI (Mar. 2026) = 330.2130.

Excelsior Biopharma Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.051 241.018 32.952
201609 25.547 241.428 34.942
201612 26.730 241.432 36.559
201703 28.080 243.801 38.033
201706 25.644 244.955 34.570
201709 27.294 246.819 36.516
201712 28.710 246.524 38.456
201803 30.078 249.554 39.800
201806 26.977 251.989 35.351
201809 28.208 252.439 36.899
201812 29.426 251.233 38.677
201903 29.770 254.202 38.672
201906 26.137 256.143 33.695
201909 26.433 256.759 33.995
201912 26.889 256.974 34.553
202003 27.171 258.115 34.761
202006 27.118 257.797 34.736
202009 27.584 260.280 34.995
202012 27.494 260.474 34.855
202103 28.247 264.877 35.215
202106 27.642 271.696 33.595
202109 27.082 274.310 32.601
202112 26.830 278.802 31.777
202203 26.368 287.504 30.285
202206 26.067 296.311 29.049
202209 25.601 296.808 28.482
202212 25.861 296.797 28.773
202303 25.282 301.836 27.659
202306 24.456 305.109 26.468
202309 23.326 307.789 25.025
202312 23.512 306.746 25.311
202403 22.635 312.332 23.931
202406 22.241 314.175 23.376
202409 21.755 315.301 22.784
202412 21.209 315.605 22.191
202503 20.314 319.799 20.976
202506 19.188 322.561 19.643
202509 18.180 324.800 18.483
202512 17.266 324.054 17.594
202603 16.013 330.213 16.013

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 0.79 mean?
Excelsior Biopharma (ROCO:6496) has a Cyclically Adjusted PB Ratio of 0.79 as of Aug. 15, 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 Excelsior Biopharma and its competitors. This is 17% below median its historical median of 0.95. Over the past decade, Excelsior Biopharma's Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.13. According to the industry distribution chart, Excelsior Biopharma ranks #164 out of 716 companies in the Drug Manufacturers industry, placing it in the top 22.9%.
Is Excelsior Biopharma's Cyclically Adjusted PB Ratio too high?
Excelsior Biopharma's current Cyclically Adjusted PB Ratio of 0.79 is 17% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.13. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.76. Excelsior Biopharma's value of 0.79 is 55.1% below this industry median. Based on the distribution chart, Excelsior Biopharma ranks #164 out of 716 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Excelsior Biopharma has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Excelsior Biopharma's Cyclically Adjusted PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Excelsior Biopharma ranks #164 out of 716 companies for Cyclically Adjusted PB Ratio. This places Excelsior Biopharma in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.76. Excelsior Biopharma's value of 0.79 is 55.1% below this benchmark. Historically, Excelsior Biopharma's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 1.13 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.76, Excelsior Biopharma has consistently been below 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 1.76, based on 716 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. Excelsior Biopharma's current Cyclically Adjusted PB Ratio of 0.79 is 55.1% below 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 Excelsior Biopharma and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excelsior Biopharma's current Cyclically Adjusted PB Ratio is 0.79, which is 17% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excelsior Biopharma stock overvalued right now?
Based on GuruFocus' analysis, Excelsior Biopharma (ROCO:6496) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$34.28, compared to a current price of NT$24.20 — trading 29.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.79, which is 17% below median its 10-year median of 0.95 and 55.1% below the Drug Manufacturers industry median of 1.76. Excelsior Biopharma's overall GF Score™ is 53/100 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 Excelsior Biopharma (ROCO:6496), the current Cyclically Adjusted PB Ratio is 0.79 as of Aug. 15, 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 Excelsior Biopharma (ROCO:6496) Overvalued in 2026?

Based on GuruFocus' analysis, Excelsior Biopharma stock appears to be undervalued. The current stock price of NT$24.20 is trading 29.4% below its estimated GF Value™ of NT$34.28. GuruFocus considers Excelsior Biopharma to be Modestly Undervalued.

Key valuation signals for ROCO:6496:

  • Cyclically Adjusted PB Ratio: 0.79 (17% below median its 10-year median of 0.95)
  • GF Value™: NT$34.28 vs. price of NT$24.20 (29.4% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 55.1% below the Drug Manufacturers median (#164 of 716)

No single metric tells the full story. See the ROCO:6496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Excelsior Biopharma Business Description

Address Zhongxiao E. Road, 5Floor, No.508, Sector 7, Nangang District, Taipei, TWN, 11561
Excelsior Biopharma Inc is mainly engaged in western medicines, importing and exporting of Active Pharmaceutical Ingredients, food, cosmecteuticals and development of cosmetics, research, importing, and exporting of technologies, pharmaceutical technologies transfer and cooperative development and improvement. Geographically, it derives revenue from Taiwan, China and others, with majority of revenue earned from Taiwan.
53GF Score

Get the complete analysis for ROCO:6496

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

NT$24.20
Price
NT$34.28
GF Value