Teleflex (STU:TBH) Cyclically Adjusted PB Ratio: 1.45 (As of Sep. 16, 2026) — 67% Below Median

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STU:TBH Teleflex Inc STU:TBH
73 GF Score
Price €110.90
GF Value €151.59
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Teleflex Cyclically Adjusted PB Ratio?

Teleflex STU:TBH -2.38% 73 Cyclically Adjusted PB Ratio is 1.45 as of Sep. 16, 2026, which is 67% below its 10-year median of 4.40. GuruFocus rates STU:TBH with a GF Score™ of 73/100 and a GF Value™ of €151.59 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 513 Medical Devices & Instruments companies, Teleflex ranks better than 55.17% on this metric.

As of today (2026-09-16), Teleflex's current share price is €110.90. Teleflex's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €76.25. Teleflex's Cyclically Adjusted PB Ratio for today is 1.45.

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

STU:TBH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 4.4   Max: 7.88
Current: 1.53

During the past years, Teleflex's highest Cyclically Adjusted PB Ratio was 7.88. The lowest was 1.24. And the median was 4.40.

STU:TBH's Cyclically Adjusted PB Ratio is ranked better than
55.17% of 513 companies
in the Medical Devices & Instruments industry
Industry Median: 1.8 vs STU:TBH: 1.53

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.

Teleflex's adjusted book value per share data for the three months ended in Jun. 2026 was €59.957. 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 €76.25 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teleflex  (STU:TBH) 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.


Teleflex Cyclically Adjusted PB Ratio Related Terms


Teleflex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Teleflex'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.

Teleflex Cyclically Adjusted PB Ratio Chart

Teleflex 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 5.51 3.86 3.39 2.36 1.40

Teleflex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.35 1.36 1.38 1.37 1.45

STU:TBH vs STVN, MMED, MMSI: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Teleflex'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.


Teleflex Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Teleflex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:TBH
73GF Score
Teleflex Inc STU:TBH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Teleflex 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.

Teleflex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.90/76.252
=1.45

* 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.

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

For example, Teleflex'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)
=59.957/333.9520*333.9520
=59.957

Current CPI (Jun. 2026) = 333.9520.

Teleflex Quarterly Data

Book Value per Share CPI Adj_Book
201609 43.835 241.428 60.634
201612 45.982 241.432 63.603
201703 46.125 243.801 63.181
201706 45.944 244.955 62.636
201709 46.426 246.819 62.815
201712 44.814 246.524 60.707
201803 45.811 249.554 61.304
201806 45.614 251.989 60.451
201809 46.967 252.439 62.133
201812 48.286 251.233 64.184
201903 49.609 254.202 65.173
201906 50.635 256.143 66.016
201909 56.547 256.759 73.548
201912 55.835 256.974 72.561
202003 60.333 258.115 78.059
202006 59.359 257.797 76.894
202009 59.270 260.280 76.046
202012 57.033 260.474 73.122
202103 61.465 264.877 77.494
202106 62.475 271.696 76.790
202109 65.871 274.310 80.193
202112 68.888 278.802 82.515
202203 72.739 287.504 84.490
202206 78.568 296.311 88.549
202209 84.765 296.808 95.373
202212 78.582 296.797 88.419
202303 80.548 301.836 89.118
202306 82.218 305.109 89.990
202309 86.708 307.789 94.078
202312 83.675 306.746 91.096
202403 88.525 312.332 94.653
202406 90.278 314.175 95.961
202409 86.463 315.301 91.578
202412 89.379 315.605 94.575
202503 84.860 319.799 88.616
202506 81.789 322.561 84.677
202509 73.599 324.800 75.673
202512 60.202 324.054 62.041
202603 60.478 330.213 61.163
202606 59.957 333.952 59.957

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 1.45 mean?
Teleflex (STU:TBH) has a Cyclically Adjusted PB Ratio of 1.45 as of Sep. 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 Teleflex and its competitors. This is 67% below median its historical median of 4.40. Over the past decade, Teleflex's Cyclically Adjusted PB Ratio has ranged from 1.24 to 7.88. According to the industry distribution chart, Teleflex ranks #230 out of 513 companies in the Medical Devices & Instruments industry, placing it in the top 44.8%.
Is Teleflex's Cyclically Adjusted PB Ratio too high?
Teleflex's current Cyclically Adjusted PB Ratio of 1.45 is 67% below median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 7.88. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.80. Teleflex's value of 1.45 is 19.4% below this industry median. Based on the distribution chart, Teleflex ranks #230 out of 513 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Teleflex has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Teleflex's Cyclically Adjusted PB Ratio compare to STVN and MMED?
According to the Medical Devices & Instruments industry distribution chart, Teleflex ranks #230 out of 513 companies for Cyclically Adjusted PB Ratio. This puts Teleflex in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. Teleflex's value of 1.45 is 19.4% below this benchmark. Historically, Teleflex's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 7.88 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 1.80, Teleflex 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PB Ratio among Medical Devices & Instruments companies is 1.80, based on 513 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. Teleflex's current Cyclically Adjusted PB Ratio of 1.45 is 19.4% 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 Teleflex and its competitors. For the Medical Devices & Instruments 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. Teleflex's current Cyclically Adjusted PB Ratio is 1.45, which is 67% below median its own 10-year median of 4.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teleflex stock overvalued right now?
Based on GuruFocus' analysis, Teleflex (STU:TBH) is currently considered Modestly Undervalued. The stock's GF Value™ is €151.59, compared to a current price of €110.90 — trading 26.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.45, which is 67% below median its 10-year median of 4.40 and 19.4% below the Medical Devices & Instruments industry median of 1.80. Teleflex's overall GF Score™ is 73/100 with 9 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 Teleflex (STU:TBH), the current Cyclically Adjusted PB Ratio is 1.45 as of Sep. 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 Teleflex (STU:TBH) Overvalued in 2026?

Based on GuruFocus' analysis, Teleflex stock appears to be undervalued. The current stock price of €110.90 is trading 26.8% below its estimated GF Value™ of €151.59. GuruFocus considers Teleflex to be Modestly Undervalued.

Key valuation signals for STU:TBH:

  • Cyclically Adjusted PB Ratio: 1.45 (67% below median its 10-year median of 4.40)
  • GF Value™: €151.59 vs. price of €110.90 (26.8% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 19.4% below the Medical Devices & Instruments median (#230 of 513)

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


Teleflex Business Description

Other Exchanges TFX:USA1TFX:Italy
Address 550 East Swedesford Road, Suite 400, Wayne, PA, USA, 19087
Teleflex Inc is a provider of medical technology products focused on enhancing clinical benefits, improving patient and provider safety and reducing total procedural costs. It designs, develops, manufactures and supply medical devices used by hospitals and healthcare providers supporting high-acuity emergent procedures. The company has three reportable segments: Americas, EMEA (Europe, the Middle East and Africa) and Asia (Asia Pacific). It derives maximum revenue from Americas. Its products includes: Anaesthesia, Emergency Medicine, Interventional Cardiology/Radiology, Interventional Urology - UroLift System, Surgery, Urology, and Vascular Access.
73GF Score

Get the complete analysis for STU:TBH

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

€110.90
Price
€151.59
GF Value