Perrigo Co (STU:PIG) Cyclically Adjusted PB Ratio: 0.22 (As of Jul. 29, 2026) — 77% Below Median

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STU:PIG Perrigo Co PLC STU:PIG
47 GF Score
Price €9.03
GF Value €21.83
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Perrigo Co Cyclically Adjusted PB Ratio?

Perrigo Co STU:PIG +0.62% 47 Cyclically Adjusted PB Ratio is 0.22 as of Jul. 29, 2026, which is 77% below its 10-year median of 0.94. GuruFocus rates STU:PIG with a GF Score™ of 47/100 and a GF Value™ of €21.83 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 752 Drug Manufacturers companies, Perrigo Co ranks better than 93.75% on this metric.

As of today (2026-07-29), Perrigo Co's current share price is €9.026. Perrigo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €40.34. Perrigo Co's Cyclically Adjusted PB Ratio for today is 0.22.

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

STU:PIG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.94   Max: 3.34
Current: 0.22

During the past years, Perrigo Co's highest Cyclically Adjusted PB Ratio was 3.34. The lowest was 0.19. And the median was 0.94.

STU:PIG's Cyclically Adjusted PB Ratio is ranked better than
93.75% of 752 companies
in the Drug Manufacturers industry
Industry Median: 1.795 vs STU:PIG: 0.22

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.

Perrigo Co's adjusted book value per share data for the three months ended in Mar. 2026 was €15.651. 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 €40.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perrigo Co  (STU:PIG) 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.


Perrigo Co Cyclically Adjusted PB Ratio Related Terms


Perrigo Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Perrigo Co'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.

Perrigo Co Cyclically Adjusted PB Ratio Chart

Perrigo Co 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 0.80 0.63 0.57 0.49 0.29

Perrigo Co 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 0.55 0.53 0.45 0.29 0.23

STU:PIG vs PAHC, HROW, XERS: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo Co'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.


Perrigo Co Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


STU:PIG
47GF Score
Perrigo Co PLC STU:PIG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perrigo Co 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.

Perrigo Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.026/40.34
=0.22

* 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.

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

For example, Perrigo Co'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)
=15.651/127.8300*127.8300
=15.651

Current CPI (Mar. 2026) = 127.8300.

Perrigo Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 61.531 101.072 77.821
201609 53.882 100.274 68.689
201612 39.388 99.676 50.513
201703 39.563 100.374 50.385
201706 37.954 100.673 48.192
201709 36.001 100.474 45.803
201712 37.032 100.075 47.303
201803 36.024 100.573 45.787
201806 36.685 101.072 46.397
201809 35.691 101.371 45.007
201812 36.661 100.773 46.505
201903 37.096 101.670 46.641
201906 37.262 102.168 46.621
201909 38.420 102.268 48.023
201912 38.379 102.068 48.066
202003 38.420 102.367 47.977
202006 38.450 101.769 48.296
202009 36.201 101.072 45.785
202012 34.925 101.072 44.171
202103 34.972 102.367 43.671
202106 34.238 103.364 42.342
202109 32.947 104.859 40.164
202112 34.075 106.653 40.841
202203 34.435 109.245 40.293
202206 34.086 112.779 38.635
202209 34.537 113.504 38.896
202212 33.934 115.436 37.577
202303 33.369 117.609 36.269
202306 33.052 119.662 35.308
202309 32.765 120.749 34.687
202312 32.265 120.749 34.157
202403 31.636 120.990 33.424
202406 30.957 122.318 32.352
202409 30.139 121.594 31.685
202412 30.236 122.439 31.567
202503 29.422 123.405 30.477
202506 28.179 124.492 28.935
202509 27.536 124.810 28.202
202512 18.216 125.770 18.514
202603 15.651 127.830 15.651

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 0.22 mean?
Perrigo Co (STU:PIG) has a Cyclically Adjusted PB Ratio of 0.22 as of Jul. 29, 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 Perrigo Co and its competitors. This is 77% below median its historical median of 0.94. Over the past decade, Perrigo Co's Cyclically Adjusted PB Ratio has ranged from 0.19 to 3.34. According to the industry distribution chart, Perrigo Co ranks #47 out of 752 companies in the Drug Manufacturers industry, placing it in the top 6.2%.
Is Perrigo Co's Cyclically Adjusted PB Ratio too high?
Perrigo Co's current Cyclically Adjusted PB Ratio of 0.22 is 77% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 3.34. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.80. Perrigo Co's value of 0.22 is 87.7% below this industry median. Based on the distribution chart, Perrigo Co ranks #47 out of 752 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Perrigo Co has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Perrigo Co's Cyclically Adjusted PB Ratio compare to PAHC and HROW?
According to the Drug Manufacturers industry distribution chart, Perrigo Co ranks #47 out of 752 companies for Cyclically Adjusted PB Ratio. This places Perrigo Co in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.80. Perrigo Co's value of 0.22 is 87.7% below this benchmark. Historically, Perrigo Co's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 3.34 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.80, Perrigo Co 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 1.80, based on 752 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. Perrigo Co's current Cyclically Adjusted PB Ratio of 0.22 is 87.7% 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 Perrigo Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perrigo Co's current Cyclically Adjusted PB Ratio is 0.22, which is 77% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perrigo Co stock overvalued right now?
Based on GuruFocus' analysis, Perrigo Co (STU:PIG) is currently considered Possible Value Trap. The stock's GF Value™ is €21.83, compared to a current price of €9.03 — trading 58.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.22, which is 77% below median its 10-year median of 0.94 and 87.7% below the Drug Manufacturers industry median of 1.80. Perrigo Co's overall GF Score™ is 47/100 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 Perrigo Co (STU:PIG), the current Cyclically Adjusted PB Ratio is 0.22 as of Jul. 29, 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 Perrigo Co (STU:PIG) Overvalued in 2026?

Based on GuruFocus' analysis, Perrigo Co stock appears to be undervalued. The current stock price of €9.03 is trading 58.7% below its estimated GF Value™ of €21.83. GuruFocus considers Perrigo Co to be Possible Value Trap.

Key valuation signals for STU:PIG:

  • Cyclically Adjusted PB Ratio: 0.22 (77% below median its 10-year median of 0.94)
  • GF Value™: €21.83 vs. price of €9.03 (58.7% below fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 87.7% below the Drug Manufacturers median (#47 of 752)

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


Perrigo Co Business Description

Address The Sharp Building, Hogan Place, Dublin, IRL, D02 TY74
Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo has divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two-thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.
47GF Score

Get the complete analysis for STU:PIG

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

€9.03
Price
€21.83
GF Value