Sinphar Pharmaceutical Co (TPE:1734) Cyclically Adjusted PB Ratio: 1.78 (As of Aug. 06, 2026) — 13% Above Median

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TPE:1734 Sinphar Pharmaceutical Co Ltd TPE:1734
81 GF Score
Price NT$31.70
GF Value NT$31.45
Valuation Fairly Valued
! 3 Warning Signs
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What is Sinphar Pharmaceutical Co Cyclically Adjusted PB Ratio?

Sinphar Pharmaceutical Co TPE:1734 81 Cyclically Adjusted PB Ratio is 1.78 as of Aug. 06, 2026, which is 13% above its 10-year median of 1.58. GuruFocus rates TPE:1734 with a GF Score™ of 81/100 and a GF Value™ of NT$31.45 (Fairly Valued). The stock has 3 warning signs investors should review. Among 695 Biotechnology companies, Sinphar Pharmaceutical Co ranks worse than 53.67% on this metric.

As of today (2026-08-06), Sinphar Pharmaceutical Co's current share price is NT$31.70. Sinphar Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$17.77. Sinphar Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 1.78.

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

TPE:1734' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.58   Max: 3.6
Current: 1.78

During the past years, Sinphar Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 3.60. The lowest was 0.81. And the median was 1.58.

TPE:1734's Cyclically Adjusted PB Ratio is ranked worse than
53.67% of 695 companies
in the Biotechnology industry
Industry Median: 1.58 vs TPE:1734: 1.78

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.

Sinphar Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2026 was NT$17.545. 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$17.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sinphar Pharmaceutical Co  (TPE:1734) 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.


Sinphar Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms


Sinphar Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sinphar Pharmaceutical 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.

Sinphar Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Sinphar Pharmaceutical 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 1.46 1.59 1.61 1.59 1.64

Sinphar Pharmaceutical 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 1.58 1.65 1.63 1.64 1.63

TPE:1734 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Sinphar Pharmaceutical 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.


Sinphar Pharmaceutical Co Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Sinphar Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:1734
81GF Score
Sinphar Pharmaceutical Co Ltd TPE:1734
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinphar Pharmaceutical 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.70/17.77
=1.78

* 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.

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

For example, Sinphar Pharmaceutical 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)
=17.545/330.2130*330.2130
=17.545

Current CPI (Mar. 2026) = 330.2130.

Sinphar Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.496 241.018 21.231
201609 15.253 241.428 20.862
201612 15.335 241.432 20.974
201703 15.102 243.801 20.455
201706 15.065 244.955 20.308
201709 15.224 246.819 20.368
201712 15.251 246.524 20.428
201803 15.338 249.554 20.295
201806 15.068 251.989 19.746
201809 14.559 252.439 19.044
201812 14.514 251.233 19.077
201903 14.650 254.202 19.031
201906 14.382 256.143 18.541
201909 13.728 256.759 17.655
201912 13.805 256.974 17.740
202003 13.899 258.115 17.781
202006 13.237 257.797 16.955
202009 13.382 260.280 16.978
202012 13.613 260.474 17.258
202103 13.211 264.877 16.470
202106 13.675 271.696 16.620
202109 13.548 274.310 16.309
202112 13.503 278.802 15.993
202203 13.934 287.504 16.004
202206 14.122 296.311 15.738
202209 14.485 296.808 16.115
202212 14.534 296.797 16.170
202303 14.945 301.836 16.350
202306 14.537 305.109 15.733
202309 15.015 307.789 16.109
202312 15.368 306.746 16.544
202403 15.989 312.332 16.904
202406 15.483 314.175 16.273
202409 15.776 315.301 16.522
202412 16.186 315.605 16.935
202503 16.808 319.799 17.355
202506 15.865 322.561 16.241
202509 16.409 324.800 16.682
202512 17.082 324.054 17.407
202603 17.545 330.213 17.545

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 1.78 mean?
Sinphar Pharmaceutical Co (TPE:1734) has a Cyclically Adjusted PB Ratio of 1.78 as of Aug. 06, 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 Sinphar Pharmaceutical Co and its competitors. This is 13% above median its historical median of 1.58. Over the past decade, Sinphar Pharmaceutical Co's Cyclically Adjusted PB Ratio has ranged from 0.81 to 3.60. According to the industry distribution chart, Sinphar Pharmaceutical Co ranks #373 out of 695 companies in the Biotechnology industry, placing it in the top 53.7%.
Is Sinphar Pharmaceutical Co's Cyclically Adjusted PB Ratio too high?
Sinphar Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.78 is 13% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 3.60. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. Sinphar Pharmaceutical Co's value of 1.78 is 12.7% above this industry median. Based on the distribution chart, Sinphar Pharmaceutical Co ranks #373 out of 695 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Sinphar Pharmaceutical Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinphar Pharmaceutical Co's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Sinphar Pharmaceutical Co ranks #373 out of 695 companies for Cyclically Adjusted PB Ratio. This places Sinphar Pharmaceutical Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Sinphar Pharmaceutical Co's value of 1.78 is 12.7% above this benchmark. Historically, Sinphar Pharmaceutical Co's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 3.60 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.58, Sinphar Pharmaceutical Co 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 1.58, based on 695 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. Sinphar Pharmaceutical Co's current Cyclically Adjusted PB Ratio of 1.78 is 12.7% 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 Sinphar Pharmaceutical Co and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinphar Pharmaceutical Co's current Cyclically Adjusted PB Ratio is 1.78, which is 13% above median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinphar Pharmaceutical Co stock overvalued right now?
Based on GuruFocus' analysis, Sinphar Pharmaceutical Co (TPE:1734) is currently considered Fairly Valued. The stock's GF Value™ is NT$31.45, compared to a current price of NT$31.70 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.78, which is 13% above median its 10-year median of 1.58 and 12.7% above the Biotechnology industry median of 1.58. Sinphar Pharmaceutical Co's overall GF Score™ is 81/100 with 3 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 Sinphar Pharmaceutical Co (TPE:1734), the current Cyclically Adjusted PB Ratio is 1.78 as of Aug. 06, 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 Sinphar Pharmaceutical Co (TPE:1734) Overvalued in 2026?

Based on GuruFocus' analysis, Sinphar Pharmaceutical Co stock appears to be overvalued. The current stock price of NT$31.70 is trading 0.8% above its estimated GF Value™ of NT$31.45. GuruFocus considers Sinphar Pharmaceutical Co to be Fairly Valued.

Key valuation signals for TPE:1734:

  • Cyclically Adjusted PB Ratio: 1.78 (13% above median its 10-year median of 1.58)
  • GF Value™: NT$31.45 vs. price of NT$31.70 (0.8% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 12.7% above the Biotechnology median (#373 of 695)

No single metric tells the full story. See the TPE:1734 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinphar Pharmaceutical Co Business Description

Address No.84, Zhongshan Road, Dongshan Township, Zhongshan Village, Yilan, TWN, 269
Sinphar Pharmaceutical Co Ltd operates in the pharmaceutical segment. The company mainly engages in the production, processing, and trading of various Chinese medicines, medicinal cosmetics, and nutrients. The company's reportable segments are; Pharmaceuticals which derives key revenue, Healthy food, and others. Geographically, the company generates a majority of its revenue from Taiwan and the rest from China, Vietnam, Indonesia, America, and other regions.
81GF Score

Get the complete analysis for TPE:1734

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

NT$31.70
Price
NT$31.45
GF Value