Abnova (Taiwan) (TPE:4133) Cyclically Adjusted PB Ratio: 0.87 (As of Aug. 01, 2026) — 40% Below Median

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TPE:4133 Abnova (Taiwan) Corp TPE:4133
75 GF Score
Price NT$21.05
GF Value NT$27.93
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Abnova (Taiwan) Cyclically Adjusted PB Ratio?

Abnova (Taiwan) TPE:4133 +0.72% 75 Cyclically Adjusted PB Ratio is 0.87 as of Aug. 01, 2026, which is 40% below its 10-year median of 1.46. GuruFocus rates TPE:4133 with a GF Score™ of 75/100 and a GF Value™ of NT$27.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 698 Biotechnology companies, Abnova (Taiwan) ranks better than 65.04% on this metric.

As of today (2026-08-01), Abnova (Taiwan)'s current share price is NT$21.05. Abnova (Taiwan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$24.19. Abnova (Taiwan)'s Cyclically Adjusted PB Ratio for today is 0.87.

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

TPE:4133' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.46   Max: 7.1
Current: 0.86

During the past years, Abnova (Taiwan)'s highest Cyclically Adjusted PB Ratio was 7.10. The lowest was 0.84. And the median was 1.46.

TPE:4133's Cyclically Adjusted PB Ratio is ranked better than
65.04% of 698 companies
in the Biotechnology industry
Industry Median: 1.58 vs TPE:4133: 0.86

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.

Abnova (Taiwan)'s adjusted book value per share data for the three months ended in Mar. 2026 was NT$20.915. 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$24.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abnova (Taiwan)  (TPE:4133) 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.


Abnova (Taiwan) Cyclically Adjusted PB Ratio Related Terms


Abnova (Taiwan) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Abnova (Taiwan)'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.

Abnova (Taiwan) Cyclically Adjusted PB Ratio Chart

Abnova (Taiwan) 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 1.95 1.77 1.49 1.24 0.95

Abnova (Taiwan) 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 1.18 1.11 1.06 0.95 0.93

TPE:4133 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Abnova (Taiwan)'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.


Abnova (Taiwan) Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Abnova (Taiwan)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Abnova (Taiwan)'s Cyclically Adjusted PB Ratio falls into.


TPE:4133
75GF Score
Abnova (Taiwan) Corp TPE:4133
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abnova (Taiwan) 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.

Abnova (Taiwan)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.05/24.19
=0.87

* 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.

Abnova (Taiwan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Abnova (Taiwan)'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)
=20.915/330.2130*330.2130
=20.915

Current CPI (Mar. 2026) = 330.2130.

Abnova (Taiwan) Quarterly Data

Book Value per Share CPI Adj_Book
201606 19.071 241.018 26.129
201609 19.185 241.428 26.240
201612 19.424 241.432 26.567
201703 19.571 243.801 26.508
201706 19.625 244.955 26.456
201709 20.081 246.819 26.866
201712 20.225 246.524 27.091
201803 20.144 249.554 26.655
201806 19.546 251.989 25.614
201809 19.657 252.439 25.713
201812 20.267 251.233 26.638
201903 20.299 254.202 26.369
201906 19.844 256.143 25.582
201909 19.703 256.759 25.340
201912 19.692 256.974 25.304
202003 19.703 258.115 25.207
202006 19.743 257.797 25.289
202009 19.921 260.280 25.273
202012 20.000 260.474 25.355
202103 19.495 264.877 24.304
202106 19.576 271.696 23.792
202109 19.777 274.310 23.807
202112 20.011 278.802 23.701
202203 19.878 287.504 22.831
202206 20.033 296.311 22.325
202209 20.502 296.808 22.809
202212 21.336 296.797 23.738
202303 20.698 301.836 22.644
202306 20.929 305.109 22.651
202309 21.146 307.789 22.687
202312 21.243 306.746 22.868
202403 21.022 312.332 22.226
202406 21.340 314.175 22.429
202409 21.390 315.301 22.402
202412 21.624 315.605 22.625
202503 20.951 319.799 21.633
202506 20.329 322.561 20.811
202509 20.523 324.800 20.865
202512 20.750 324.054 21.144
202603 20.915 330.213 20.915

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 0.87 mean?
Abnova (Taiwan) (TPE:4133) has a Cyclically Adjusted PB Ratio of 0.87 as of Aug. 01, 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 Abnova (Taiwan) and its competitors. This is 40% below median its historical median of 1.46. Over the past decade, Abnova (Taiwan)'s Cyclically Adjusted PB Ratio has ranged from 0.84 to 7.10. According to the industry distribution chart, Abnova (Taiwan) ranks #244 out of 698 companies in the Biotechnology industry, placing it in the top 35%.
Is Abnova (Taiwan)'s Cyclically Adjusted PB Ratio too high?
Abnova (Taiwan)'s current Cyclically Adjusted PB Ratio of 0.87 is 40% below median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 7.10. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. Abnova (Taiwan)'s value of 0.87 is 44.9% below this industry median. Based on the distribution chart, Abnova (Taiwan) ranks #244 out of 698 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Abnova (Taiwan) has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Abnova (Taiwan)'s Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Abnova (Taiwan) ranks #244 out of 698 companies for Cyclically Adjusted PB Ratio. This puts Abnova (Taiwan) in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Abnova (Taiwan)'s value of 0.87 is 44.9% below this benchmark. Historically, Abnova (Taiwan)'s own Cyclically Adjusted PB Ratio has ranged from 0.84 to 7.10 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.58, Abnova (Taiwan) 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.58, based on 698 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. Abnova (Taiwan)'s current Cyclically Adjusted PB Ratio of 0.87 is 44.9% 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 Abnova (Taiwan) 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. Abnova (Taiwan)'s current Cyclically Adjusted PB Ratio is 0.87, which is 40% below median its own 10-year median of 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abnova (Taiwan) stock overvalued right now?
Based on GuruFocus' analysis, Abnova (Taiwan) (TPE:4133) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$27.93, compared to a current price of NT$21.05 — trading 24.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.87, which is 40% below median its 10-year median of 1.46 and 44.9% below the Biotechnology industry median of 1.58. Abnova (Taiwan)'s overall GF Score™ is 75/100 with 5 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 Abnova (Taiwan) (TPE:4133), the current Cyclically Adjusted PB Ratio is 0.87 as of Aug. 01, 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 Abnova (Taiwan) (TPE:4133) Overvalued in 2026?

Based on GuruFocus' analysis, Abnova (Taiwan) stock appears to be undervalued. The current stock price of NT$21.05 is trading 24.6% below its estimated GF Value™ of NT$27.93. GuruFocus considers Abnova (Taiwan) to be Modestly Undervalued.

Key valuation signals for TPE:4133:

  • Cyclically Adjusted PB Ratio: 0.87 (40% below median its 10-year median of 1.46)
  • GF Value™: NT$27.93 vs. price of NT$21.05 (24.6% below fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 44.9% below the Biotechnology median (#244 of 698)

No single metric tells the full story. See the TPE:4133 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Abnova (Taiwan) Business Description

Address No.108, Jhouzih Street, 9th Floor, Neihu District, Taipei City, TWN
Abnova (Taiwan) Corp is engaged in developing, manufacturing, and selling monoclonal antibody, polyclonal antibody, proteins, medical inspection instruments and testing reagents, which are mainly antibody reagents, antibody chips or related products provided to and used by academic, research institutions or pharmaceutical factories. Geographically, it operates in America, Europe, Taiwan and Other Countries. It generates maximum revenue from America. Its products include: SARS-CoV/CoV-2, DNA, RNA new, Proteins/peptides, MaxPab, DNAxPab, Polyclonal Ab, Monoclonal Ab and Others. The company's services are: Gene synthesis & cytogenetics, Peptide services, Protein expression, Humanized antibody, Assay development, Conjugation, FFPE tumor tissue DNA, In situ hybridization (ISH) and Others.
75GF Score

Get the complete analysis for TPE:4133

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

NT$21.05
Price
NT$27.93
GF Value