TRIB (Trinity Biotech) Cyclically Adjusted PB Ratio: 0.07 (As of Jul. 15, 2026) — 75% Below Median

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TRIB Trinity Biotech PLC TRIB
26 GF Score
Price $0.36
GF Value $0.75
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Trinity Biotech Cyclically Adjusted PB Ratio?

Trinity Biotech TRIB +8.75% 26 Cyclically Adjusted PB Ratio is 0.07 as of Jul. 15, 2026, which is 75% below its 10-year median of 0.28. GuruFocus rates TRIB with a GF Score™ of 26/100 and a GF Value™ of $0.75 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Trinity Biotech ranks better than 97.33% on this metric.

As of today (2026-07-15), Trinity Biotech's current share price is $0.363. Trinity Biotech's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $5.36. Trinity Biotech's Cyclically Adjusted PB Ratio for today is 0.07.

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

TRIB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.28   Max: 1.89
Current: 0.06

During the past 13 years, Trinity Biotech's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.05. And the median was 0.28.

TRIB's Cyclically Adjusted PB Ratio is ranked better than
97.33% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 1.785 vs TRIB: 0.06

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.

Trinity Biotech's adjusted book value per share data of for the fiscal year that ended in Dec25 was $-3.847. 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 $5.36 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinity Biotech  (NAS:TRIB) 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.


Trinity Biotech Cyclically Adjusted PB Ratio Related Terms


Trinity Biotech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Trinity Biotech'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.

Trinity Biotech Cyclically Adjusted PB Ratio Chart

Trinity Biotech 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 0.31 0.24 0.13 0.08 0.15

Trinity Biotech Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.13 0.12 0.08 0.05 0.15

TRIB vs AIDX, NVNO, STME: Cyclically Adjusted PB Ratio Comparison

For the Medical Devices subindustry, Trinity Biotech'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.


Trinity Biotech Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

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

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


TRIB
26GF Score
Trinity Biotech PLC TRIB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trinity Biotech 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.

Trinity Biotech's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.363/5.36
=0.07

* 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.

Trinity Biotech's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Trinity Biotech's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-3.847/125.7700*125.7700
=-3.847

Current CPI (Dec25) = 125.7700.

Trinity Biotech Annual Data

Book Value per Share CPI Adj_Book
201612 23.529 99.676 29.689
201712 15.575 100.075 19.574
201812 10.539 100.773 13.153
201912 1.128 102.068 1.390
202012 -0.531 101.072 -0.661
202112 -0.076 106.653 -0.090
202212 -0.285 115.436 -0.311
202312 -3.124 120.749 -3.254
202412 -1.959 122.439 -2.012
202512 -3.847 125.770 -3.847

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 0.07 mean?
Trinity Biotech (TRIB) has a Cyclically Adjusted PB Ratio of 0.07 as of Jul. 15, 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 Trinity Biotech and its competitors. This is 75% below median its historical median of 0.28. Over the past decade, Trinity Biotech's Cyclically Adjusted PB Ratio has ranged from 0.05 to 1.89. According to the industry distribution chart, Trinity Biotech ranks #14 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 2.7%.
Is Trinity Biotech's Cyclically Adjusted PB Ratio too high?
Trinity Biotech's current Cyclically Adjusted PB Ratio of 0.07 is 75% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.89. The Medical Devices & Instruments industry median Cyclically Adjusted PB Ratio is 1.79. Trinity Biotech's value of 0.07 is 96.1% below this industry median. Based on the distribution chart, Trinity Biotech ranks #14 out of 524 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Trinity Biotech has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Trinity Biotech's Cyclically Adjusted PB Ratio compare to AIDX and NVNO?
According to the Medical Devices & Instruments industry distribution chart, Trinity Biotech ranks #14 out of 524 companies for Cyclically Adjusted PB Ratio. This places Trinity Biotech in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.79. Trinity Biotech's value of 0.07 is 96.1% below this benchmark. Historically, Trinity Biotech's own Cyclically Adjusted PB Ratio has ranged from 0.05 to 1.89 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 1.79, Trinity Biotech 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 1.79, 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. Trinity Biotech's current Cyclically Adjusted PB Ratio of 0.07 is 96.1% 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 Trinity Biotech and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinity Biotech's current Cyclically Adjusted PB Ratio is 0.07, which is 75% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Biotech stock overvalued right now?
Based on GuruFocus' analysis, Trinity Biotech (TRIB) is currently considered Possible Value Trap. The stock's GF Value™ is $0.75, compared to a current price of $0.36 — trading 51.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.07, which is 75% below median its 10-year median of 0.28 and 96.1% below the Medical Devices & Instruments industry median of 1.79. Trinity Biotech's overall GF Score™ is 26/100 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 Trinity Biotech (TRIB), the current Cyclically Adjusted PB Ratio is 0.07 as of Jul. 15, 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 Trinity Biotech (TRIB) Overvalued in 2026?

Based on GuruFocus' analysis, Trinity Biotech stock appears to be undervalued. The current stock price of $0.36 is trading 51.6% below its estimated GF Value™ of $0.75. GuruFocus considers Trinity Biotech to be Possible Value Trap.

Key valuation signals for TRIB:

  • Cyclically Adjusted PB Ratio: 0.07 (75% below median its 10-year median of 0.28)
  • GF Value™: $0.75 vs. price of $0.36 (51.6% below fair value)
  • GF Score™: 26/100 with 7 warning signs
  • Industry Position: 96.1% below the Medical Devices & Instruments median (#14 of 524)

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


Trinity Biotech Business Description

Address IDA Business Park, Bray, County Wicklow, Dublin, IRL, A98 H5C8
Trinity Biotech PLC is in the business of developing, manufacturing, and marketing clinical diagnostic products for clinical laboratory and point-of-care sections of the diagnostic market. Its products are used to detect autoimmune, infectious, sexually transmitted diseases, diabetes, and disorders of the liver and intestine. The company also provides raw materials to the life sciences and research industries globally. It markets products under the brand names Recombigen, Unigold, MarBlot, Mardx, Immublot, and others. Geographically, it has three segments, namely the Americas, Asia/Africa, and Europe, from which it derives a majority of its revenue from the Americas segment.
26GF Score

Get the complete analysis for TRIB

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

$0.36
Price
$0.75
GF Value