AbbVie (XSGO:ABBVCL) Cyclically Adjusted PB Ratio: 77.91 (As of Sep. 07, 2026) — 66% Above Median

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XSGO:ABBVCL AbbVie Inc XSGO:ABBVCL
76 GF Score
Price CLP171,590.00
GF Value CLP147,128.76
! 5 Warning Signs
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What is AbbVie Cyclically Adjusted PB Ratio?

AbbVie XSGO:ABBVCL 76 Cyclically Adjusted PB Ratio is 77.91 as of Sep. 07, 2026, which is 66% above its 10-year median of 46.98. GuruFocus rates XSGO:ABBVCL with a GF Score™ of 76/100 and a GF Value™ of CLP147,128.76. The stock has 5 warning signs investors should review. Among 635 Drug Manufacturers companies, AbbVie ranks worse than 99.21% on this metric.

As of today (2026-09-07), AbbVie's current share price is CLP171590.00. AbbVie's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was CLP2,202.49. AbbVie's Cyclically Adjusted PB Ratio for today is 77.91.

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

XSGO:ABBVCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 33.2   Med: 46.98   Max: 82.03
Current: 79.45

During the past years, AbbVie's highest Cyclically Adjusted PB Ratio was 82.03. The lowest was 33.20. And the median was 46.98.

XSGO:ABBVCL's Cyclically Adjusted PB Ratio is ranked worse than
99.21% of 635 companies
in the Drug Manufacturers industry
Industry Median: 1.71 vs XSGO:ABBVCL: 79.45

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.

AbbVie's adjusted book value per share data for the three months ended in Jun. 2026 was CLP-3,041.069. 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 CLP2,202.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AbbVie  (XSGO:ABBVCL) 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.


AbbVie Cyclically Adjusted PB Ratio Related Terms


AbbVie Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AbbVie'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.

AbbVie Cyclically Adjusted PB Ratio Chart

AbbVie 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 45.64 50.43 41.86 46.62 64.91

AbbVie Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 49.22 63.28 64.91 64.09 77.96

XSGO:ABBVCL vs MRK, JNJ, AMGN: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, AbbVie'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.


AbbVie Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

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

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


XSGO:ABBVCL
76GF Score
AbbVie Inc XSGO:ABBVCL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AbbVie 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=171590.00/2202.49
=77.91

* 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.

AbbVie's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, AbbVie's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-3041.069/333.9520*333.9520
=-3,041.069

Current CPI (Jun. 2026) = 333.9520.

AbbVie Quarterly Data

Book Value per Share CPI Adj_Book
201609 2,658.899 241.428 3,677.886
201612 1,940.195 241.432 2,683.704
201703 2,079.043 243.801 2,847.817
201706 2,505.591 244.955 3,415.922
201709 2,622.704 246.819 3,548.581
201712 2,034.242 246.524 2,755.672
201803 1,352.682 249.554 1,810.153
201806 -1,421.035 251.989 -1,883.247
201809 -1,320.867 252.439 -1,747.377
201812 -3,908.394 251.233 -5,195.241
201903 -3,544.923 254.202 -4,657.061
201906 -4,003.807 256.143 -5,220.050
201909 -3,998.187 256.759 -5,200.217
201912 -4,228.580 256.974 -5,495.275
202003 -4,219.650 258.115 -5,459.429
202006 6,634.905 257.797 8,594.901
202009 6,688.758 260.280 8,582.004
202012 5,410.400 260.474 6,936.638
202103 5,638.037 264.877 7,108.332
202106 5,182.883 271.696 6,370.481
202109 6,019.748 274.310 7,328.595
202112 7,404.698 278.802 8,869.426
202203 7,357.924 287.504 8,546.641
202206 7,188.310 296.311 8,101.456
202209 8,362.783 296.808 9,409.342
202212 8,508.506 296.797 9,573.657
202303 6,075.736 301.836 6,722.207
202306 5,828.708 305.109 6,379.716
202309 6,073.454 307.789 6,589.716
202312 5,137.675 306.746 5,593.347
202403 4,397.235 312.332 4,701.617
202406 3,561.420 314.175 3,785.608
202409 3,160.483 315.301 3,347.435
202412 1,854.549 315.605 1,962.359
202503 749.541 319.799 782.713
202506 -97.111 322.561 -100.540
202509 -1,434.675 324.800 -1,475.100
202512 -1,690.503 324.054 -1,742.138
202603 -3,438.682 330.213 -3,477.618
202606 -3,041.069 333.952 -3,041.069

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 77.91 mean?
AbbVie (XSGO:ABBVCL) has a Cyclically Adjusted PB Ratio of 77.91 as of Sep. 07, 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 AbbVie and its competitors. This is 66% above median its historical median of 46.98. Over the past decade, AbbVie's Cyclically Adjusted PB Ratio has ranged from 33.20 to 82.03. According to the industry distribution chart, AbbVie ranks #630 out of 635 companies in the Drug Manufacturers industry, placing it in the top 99.2%.
Is AbbVie's Cyclically Adjusted PB Ratio too high?
AbbVie's current Cyclically Adjusted PB Ratio of 77.91 is 66% above median its 10-year median of 46.98. Over the past 10 years, this metric has ranged from a low of 33.20 to a high of 82.03. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.71. AbbVie's value of 77.91 is 4456.1% above this industry median. Based on the distribution chart, AbbVie ranks #630 out of 635 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, AbbVie has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does AbbVie's Cyclically Adjusted PB Ratio compare to MRK and JNJ?
According to the Drug Manufacturers industry distribution chart, AbbVie ranks #630 out of 635 companies for Cyclically Adjusted PB Ratio. This places AbbVie in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.71. AbbVie's value of 77.91 is 4456.1% above this benchmark. Historically, AbbVie's own Cyclically Adjusted PB Ratio has ranged from 33.20 to 82.03 over the past decade. While the company's 10-year median is 46.98 vs. the industry median of 1.71, AbbVie 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.71, based on 635 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. AbbVie's current Cyclically Adjusted PB Ratio of 77.91 is 4456.1% 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 AbbVie and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AbbVie's current Cyclically Adjusted PB Ratio is 77.91, which is 66% above median its own 10-year median of 46.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AbbVie stock overvalued right now?
AbbVie (XSGO:ABBVCL) has a current Cyclically Adjusted PB Ratio of 77.91. The stock's GF Value™ is CLP147,128.76, compared to a current price of CLP171,590.00 — trading 16.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 77.91, which is 66% above median its 10-year median of 46.98 and 4456.1% above the Drug Manufacturers industry median of 1.71. AbbVie's overall GF Score™ is 76/100 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 AbbVie (XSGO:ABBVCL), the current Cyclically Adjusted PB Ratio is 77.91 as of Sep. 07, 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 AbbVie (XSGO:ABBVCL) Overvalued in 2026?

Based on GuruFocus' analysis, AbbVie stock appears to be overvalued. The current stock price of CLP171,590.00 is trading 16.6% above its estimated GF Value™ of CLP147,128.76.

Key valuation signals for XSGO:ABBVCL:

  • Cyclically Adjusted PB Ratio: 77.91 (66% above median its 10-year median of 46.98)
  • GF Value™: CLP147,128.76 vs. price of CLP171,590.00 (16.6% above fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 4456.1% above the Drug Manufacturers median (#630 of 635)

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


AbbVie Business Description

Address 1 North Waukegan Road, North Chicago, IL, USA, 60064-6400
AbbVie is a pharmaceutical firm with a strong exposure to immunology (with Humira, Skyrizi, and Rinvoq) and oncology (with Imbruvica and Venclexta). The company was spun off from Abbott in early 2013. The 2020 acquisition of Allergan added several new products and drugs in aesthetics, including Botox. The 2024 acquisitions of Cerevel (neuroscience) and ImmunoGen (oncology) help supplement AbbVie's portfolio.
76GF Score

Get the complete analysis for XSGO:ABBVCL

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

CLP171,590.00
Price
CLP147,128.76
GF Value