Bionime (TPE:4737) Cyclically Adjusted PB Ratio: 1.54 (As of Aug. 02, 2026) — 21% Below Median

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TPE:4737 Bionime Corp TPE:4737
63 GF Score
Price NT$56.00
GF Value NT$58.61
Valuation Fairly Valued
! 7 Warning Signs
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What is Bionime Cyclically Adjusted PB Ratio?

Bionime TPE:4737 -0.36% 63 Cyclically Adjusted PB Ratio is 1.54 as of Aug. 02, 2026, which is 21% below its 10-year median of 1.96. GuruFocus rates TPE:4737 with a GF Score™ of 63/100 and a GF Value™ of NT$58.61 (Fairly Valued). The stock has 7 warning signs investors should review. Among 521 Medical Devices & Instruments companies, Bionime ranks better than 54.89% on this metric.

As of today (2026-08-02), Bionime's current share price is NT$56.00. Bionime's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was NT$36.46. Bionime's Cyclically Adjusted PB Ratio for today is 1.54.

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

TPE:4737' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.96   Max: 2.78
Current: 1.55

During the past years, Bionime's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 1.24. And the median was 1.96.

TPE:4737's Cyclically Adjusted PB Ratio is ranked better than
54.89% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 1.78 vs TPE:4737: 1.55

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.

Bionime's adjusted book value per share data for the three months ended in Dec. 2025 was NT$25.695. 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$36.46 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bionime  (TPE:4737) 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.


Bionime Cyclically Adjusted PB Ratio Related Terms


Bionime Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bionime'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.

Bionime Cyclically Adjusted PB Ratio Chart

Bionime 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 2.15 2.03 1.90 1.60 1.62

Bionime Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 1.60 1.52 1.76 1.69 1.62

TPE:4737 vs ISRG, BDX, MDLN: Cyclically Adjusted PB Ratio Comparison

For the Medical Instruments & Supplies subindustry, Bionime'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.


Bionime Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


TPE:4737
63GF Score
Bionime Corp TPE:4737
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bionime 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.00/36.46
=1.54

* 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.

Bionime's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Bionime's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=25.695/324.0540*324.0540
=25.695

Current CPI (Dec. 2025) = 324.0540.

Bionime Quarterly Data

Book Value per Share CPI Adj_Book
201603 36.249 238.132 49.328
201606 34.982 241.018 47.034
201609 35.674 241.428 47.883
201612 36.712 241.432 49.275
201703 35.043 243.801 46.578
201706 28.866 244.955 38.187
201709 31.792 246.819 41.740
201712 32.564 246.524 42.805
201803 32.838 249.554 42.641
201806 29.678 251.989 38.165
201809 30.153 252.439 38.707
201812 31.211 251.233 40.258
201903 31.439 254.202 40.078
201906 30.322 256.143 38.361
201909 30.486 256.759 38.476
201912 31.892 256.974 40.217
202003 32.003 258.115 40.179
202006 29.552 257.797 37.147
202009 30.376 260.280 37.819
202012 31.126 260.474 38.724
202103 31.416 264.877 38.435
202106 29.674 271.696 35.392
202109 30.185 274.310 35.659
202112 30.906 278.802 35.922
202203 29.472 287.504 33.219
202206 29.979 296.311 32.786
202209 30.328 296.808 33.112
202212 30.749 296.797 33.573
202303 28.814 301.836 30.935
202306 28.959 305.109 30.757
202309 28.924 307.789 30.452
202312 29.403 306.746 31.062
202403 28.168 312.332 29.225
202406 27.945 314.175 28.824
202409 27.159 315.301 27.913
202412 27.733 315.605 28.475
202503 27.769 319.799 28.138
202506 27.750 322.561 27.878
202509 27.244 324.800 27.181
202512 25.695 324.054 25.695

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 1.54 mean?
Bionime (TPE:4737) has a Cyclically Adjusted PB Ratio of 1.54 as of Aug. 02, 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 Bionime and its competitors. This is 21% below median its historical median of 1.96. Over the past decade, Bionime's Cyclically Adjusted PB Ratio has ranged from 1.24 to 2.78. According to the industry distribution chart, Bionime ranks #235 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 45.1%.
Is Bionime's Cyclically Adjusted PB Ratio too high?
Bionime's current Cyclically Adjusted PB Ratio of 1.54 is 21% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 2.78. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.78. Bionime's value of 1.54 is 13.5% below this industry median. Based on the distribution chart, Bionime ranks #235 out of 521 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Bionime has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bionime's Cyclically Adjusted PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Bionime ranks #235 out of 521 companies for Cyclically Adjusted PB Ratio. This puts Bionime in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. Bionime's value of 1.54 is 13.5% below this benchmark. Historically, Bionime's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 2.78 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 1.78, Bionime 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 1.78, based on 521 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. Bionime's current Cyclically Adjusted PB Ratio of 1.54 is 13.5% 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 Bionime and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bionime's current Cyclically Adjusted PB Ratio is 1.54, which is 21% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bionime stock overvalued right now?
Based on GuruFocus' analysis, Bionime (TPE:4737) is currently considered Fairly Valued. The stock's GF Value™ is NT$58.61, compared to a current price of NT$56.00 — trading 4.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.54, which is 21% below median its 10-year median of 1.96 and 13.5% below the Medical Devices & Instruments industry median of 1.78. Bionime's overall GF Score™ is 63/100 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 Bionime (TPE:4737), the current Cyclically Adjusted PB Ratio is 1.54 as of Aug. 02, 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 Bionime (TPE:4737) Overvalued in 2026?

Based on GuruFocus' analysis, Bionime stock appears to be undervalued. The current stock price of NT$56.00 is trading 4.5% below its estimated GF Value™ of NT$58.61. GuruFocus considers Bionime to be Fairly Valued.

Key valuation signals for TPE:4737:

  • Cyclically Adjusted PB Ratio: 1.54 (21% below median its 10-year median of 1.96)
  • GF Value™: NT$58.61 vs. price of NT$56.00 (4.5% below fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 13.5% below the Medical Devices & Instruments median (#235 of 521)

No single metric tells the full story. See the TPE:4737 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bionime Business Description

Address No. 100, Daqing Street, Section 2, South District, Taichung, TWN, 40242
Bionime Corp is engaged in the manufacturing and selling of medical instruments, providing biotechnology services, examining pharmaceuticals, and selling precision instruments. The company's revenue is derived from the sale of blood glucose meters and test strips to domestic and foreign clients. Geographically, it operates in Algeria, China, Switzerland, the United States, Belarus, Egypt, the United Arab Emirates, and other countries, of which it derives the maximum revenue from Algeria.
63GF Score

Get the complete analysis for TPE:4737

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

NT$56.00
Price
NT$58.61
GF Value