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Pfizer (XKAZ:PFE_KZ) Cyclically Adjusted PB Ratio : 1.56 (As of Jun. 01, 2025)


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What is Pfizer Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Pfizer's current share price is $23.52. Pfizer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $15.04. Pfizer's Cyclically Adjusted PB Ratio for today is 1.56.

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

XKAZ:PFE_KZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.89   Max: 4.7
Current: 1.55

During the past years, Pfizer's highest Cyclically Adjusted PB Ratio was 4.70. The lowest was 1.44. And the median was 2.89.

XKAZ:PFE_KZ's Cyclically Adjusted PB Ratio is ranked better than
58.93% of 694 companies
in the Drug Manufacturers industry
Industry Median: 1.94 vs XKAZ:PFE_KZ: 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.

Pfizer's adjusted book value per share data for the three months ended in Mar. 2025 was $15.891. 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 $15.04 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pfizer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pfizer'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.

* Premium members only.

Pfizer Cyclically Adjusted PB Ratio Chart

Pfizer Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 4.58 3.69 1.98 1.77

Pfizer Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.87 1.88 1.94 1.77 1.67

Competitive Comparison of Pfizer's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - General subindustry, Pfizer'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.


Pfizer's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Pfizer's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Pfizer 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.52/15.04
=1.56

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=15.891/134.9266*134.9266
=15.891

Current CPI (Mar. 2025) = 134.9266.

Pfizer Quarterly Data

Book Value per Share CPI Adj_Book
201506 10.842 100.684 14.529
201509 10.823 100.392 14.546
201512 10.477 99.792 14.166
201603 10.181 100.470 13.673
201606 10.344 101.688 13.725
201609 10.428 101.861 13.813
201612 9.806 101.863 12.989
201703 9.809 102.862 12.867
201706 9.810 103.349 12.807
201709 10.191 104.136 13.204
201712 11.923 104.011 15.467
201803 11.795 105.290 15.115
201806 11.900 106.317 15.102
201809 12.334 106.507 15.625
201812 11.088 105.998 14.114
201903 10.579 107.251 13.309
201906 10.707 108.070 13.368
201909 11.767 108.329 14.656
201912 11.407 108.420 14.196
202003 11.709 108.902 14.507
202006 11.584 108.767 14.370
202009 11.744 109.815 14.430
202012 11.359 109.897 13.946
202103 12.267 111.754 14.811
202106 12.510 114.631 14.725
202109 13.490 115.734 15.727
202112 13.737 117.630 15.757
202203 14.742 121.301 16.398
202206 15.592 125.017 16.828
202209 16.506 125.227 17.785
202212 17.034 125.222 18.354
202303 17.887 127.348 18.952
202306 17.541 128.729 18.386
202309 17.169 129.860 17.839
202312 15.766 129.419 16.437
202403 16.284 131.776 16.673
202406 15.477 132.554 15.754
202409 16.288 133.029 16.520
202412 15.564 133.157 15.771
202503 15.891 134.927 15.891

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.


Pfizer  (XKAZ:PFE_KZ) 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.


Pfizer Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Pfizer's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pfizer Business Description

Address
66 Hudson Boulevard East, New York, NY, USA, 10001-2192
Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding covid-19-related product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. Pfizer sells these products globally, with international sales representing close to 50% of total sales. Within international sales, emerging markets are a major contributor.

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