TFX (Teleflex) Cyclically Adjusted PB Ratio: 1.61 (As of Jul. 16, 2026) — 63% Below Median

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TFX Teleflex Inc TFX
76 GF Score
Price $136.03
GF Value $182.64
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Teleflex Cyclically Adjusted PB Ratio?

Teleflex TFX +3.25% 76 Cyclically Adjusted PB Ratio is 1.61 as of Jul. 16, 2026, which is 63% below its 10-year median of 4.40. GuruFocus rates TFX with a GF Score™ of 76/100 and a GF Value™ of $182.64 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Teleflex ranks better than 56.87% on this metric.

As of today (2026-07-16), Teleflex's current share price is $136.03. Teleflex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $84.44. Teleflex's Cyclically Adjusted PB Ratio for today is 1.61.

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

TFX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 4.4   Max: 7.88
Current: 1.56

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.

TFX's Cyclically Adjusted PB Ratio is ranked better than
56.87% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.795 vs TFX: 1.56

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 Mar. 2026 was $69.683. 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 $84.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teleflex  (NYSE:TFX) 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 5.42 3.70 3.42 2.27 1.47

Teleflex 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 1.72 1.45 1.48 1.47 1.42

TFX vs STVN, AVTR, NVST: 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.


TFX
76GF Score
Teleflex Inc TFX
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
=136.03/84.44
=1.61

* 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 Mar. 2026 is calculated as:

For example, Teleflex'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)
=69.683/330.2130*330.2130
=69.683

Current CPI (Mar. 2026) = 330.2130.

Teleflex Quarterly Data

Book Value per Share CPI Adj_Book
201606 48.132 241.018 65.945
201609 49.262 241.428 67.378
201612 48.541 241.432 66.391
201703 49.333 243.801 66.818
201706 52.401 244.955 70.639
201709 54.885 246.819 73.429
201712 53.812 246.524 72.080
201803 56.340 249.554 74.550
201806 53.256 251.989 69.788
201809 54.552 252.439 71.359
201812 55.198 251.233 72.551
201903 54.305 254.202 70.543
201906 57.663 256.143 74.338
201909 61.647 256.759 79.283
201912 64.273 256.974 82.591
202003 66.270 258.115 84.781
202006 65.078 257.797 83.359
202009 69.503 260.280 88.177
202012 71.475 260.474 90.612
202103 72.240 264.877 90.059
202106 74.089 271.696 90.046
202109 76.341 274.310 91.899
202112 78.340 278.802 92.786
202203 80.933 287.504 92.956
202206 82.139 296.311 91.537
202209 83.040 296.808 92.386
202212 85.711 296.797 95.361
202303 87.504 301.836 95.731
202306 89.700 305.109 97.080
202309 91.802 307.789 98.490
202312 94.409 306.746 101.632
202403 95.608 312.332 101.082
202406 96.755 314.175 101.694
202409 96.497 315.301 101.061
202412 92.452 315.605 96.731
202503 91.666 319.799 94.651
202506 96.008 322.561 98.286
202509 86.479 324.800 87.920
202512 70.706 324.054 72.050
202603 69.683 330.213 69.683

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 1.61 mean?
Teleflex (TFX) has a Cyclically Adjusted PB Ratio of 1.61 as of Jul. 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 63% 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 #226 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 43.1%.
Is Teleflex's Cyclically Adjusted PB Ratio too high?
Teleflex's current Cyclically Adjusted PB Ratio of 1.61 is 63% 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 1.61 is 10.3% below this industry median. Based on the distribution chart, Teleflex ranks #226 out of 524 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Teleflex has a GF Score™ of 76/100 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 AVTR?
According to the Medical Devices & Instruments industry distribution chart, Teleflex ranks #226 out of 524 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 1.61 is 10.3% 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 524 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 1.61 is 10.3% 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 1.61, which is 63% 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 (TFX) is currently considered Modestly Undervalued. The stock's GF Value™ is $182.64, compared to a current price of $136.03 — trading 25.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.61, which is 63% below median its 10-year median of 4.40 and 10.3% below the Medical Devices & Instruments industry median of 1.80. Teleflex's overall GF Score™ is 76/100 with 7 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 (TFX), the current Cyclically Adjusted PB Ratio is 1.61 as of Jul. 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 (TFX) Overvalued in 2026?

Based on GuruFocus' analysis, Teleflex stock appears to be undervalued. The current stock price of $136.03 is trading 25.5% below its estimated GF Value™ of $182.64. GuruFocus considers Teleflex to be Modestly Undervalued.

Key valuation signals for TFX:

  • Cyclically Adjusted PB Ratio: 1.61 (63% below median its 10-year median of 4.40)
  • GF Value™: $182.64 vs. price of $136.03 (25.5% below fair value)
  • GF Score™: 76/100 with 7 warning signs
  • Industry Position: 10.3% below the Medical Devices & Instruments median (#226 of 524)

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


Teleflex Business Description

Other Exchanges 1TFX:ItalyTBH:Germany
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.
76GF Score

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

$136.03
Price
$182.64
GF Value