PHBBF (Pharmaron Beijing Co) Piotroski F-Score: 6 (As of Jul. 26, 2026) — Near Median

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PHBBF Pharmaron Beijing Co Ltd PHBBF
90 GF Score
Price $1.93
GF Value $1.67
! 9 Warning Signs
View Full Analysis

What is Pharmaron Beijing Co Piotroski F-Score?

Pharmaron Beijing Co PHBBF 90 Piotroski F-Score is 6 as of Jul. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates PHBBF with a GF Score™ of 90/100 and a GF Value™ of $1.67. The stock has 9 warning signs investors should review. Among 1,333 Biotechnology companies, Pharmaron Beijing Co ranks better than 91.97% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Pharmaron Beijing Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Pharmaron Beijing Co's Piotroski F-Score or its related term are showing as below:

PHBBF' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 12 years, the highest Piotroski F-Score of Pharmaron Beijing Co was 8. The lowest was 3. And the median was 6.

Pharmaron Beijing Co  (OTCPK:PHBBF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Pharmaron Beijing Co Piotroski F-Score Related Terms


Pharmaron Beijing Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pharmaron Beijing Co's Piotroski F-Score 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.

Pharmaron Beijing Co Piotroski F-Score Chart

Pharmaron Beijing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 6.00 6.00 5.00 7.00

Pharmaron Beijing Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 6.00 7.00 7.00 7.00 6.00

PHBBF vs VRTX, REGN, ALNY: Piotroski F-Score Comparison

For the Biotechnology subindustry, Pharmaron Beijing Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Pharmaron Beijing Co Piotroski F-Score vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Pharmaron Beijing Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pharmaron Beijing Co's Piotroski F-Score falls into.


PHBBF
90GF Score
Pharmaron Beijing Co Ltd PHBBF
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 55.125 + 61.699 + 74.254 + 48.658 = $240 Mil.
Cash Flow from Operations was 77.356 + 144.287 + 111.447 + 87.7 = $421 Mil.
Revenue was 465.453 + 511.641 + 569.266 + 519.207 = $2,066 Mil.
Gross Profit was 159.458 + 177.427 + 206.986 + 168.721 = $713 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3356.576 + 3509.137 + 3621.972 + 3846.8 + 4144.122) / 5 = $3695.7214 Mil.
Total Assets at the begining of this year (Mar25) was $3,357 Mil.
Long-Term Debt & Capital Lease Obligation was $325 Mil.
Total Current Assets was $1,313 Mil.
Total Current Liabilities was $1,214 Mil.
Net Income was 121.693 + 43.583 + 51.032 + 42.152 = $258 Mil.

Revenue was 404.389 + 454.044 + 475.023 + 427.464 = $1,761 Mil.
Gross Profit was 137.708 + 157.607 + 167.117 + 143.864 = $606 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(3505.376 + 3169.889 + 3330.984 + 3286.414 + 3356.576) / 5 = $3329.8478 Mil.
Total Assets at the begining of last year (Mar24) was $3,505 Mil.
Long-Term Debt & Capital Lease Obligation was $653 Mil.
Total Current Assets was $1,019 Mil.
Total Current Liabilities was $583 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Pharmaron Beijing Co's current Net Income (TTM) was 240. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Pharmaron Beijing Co's current Cash Flow from Operations (TTM) was 421. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=239.736/3356.576
=0.07142278

ROA (Last Year)=Net Income/Total Assets (Mar24)
=258.46/3505.376
=0.07373246

Pharmaron Beijing Co's return on assets of this year was 0.07142278. Pharmaron Beijing Co's return on assets of last year was 0.07373246. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Pharmaron Beijing Co's current Net Income (TTM) was 240. Pharmaron Beijing Co's current Cash Flow from Operations (TTM) was 421. ==> 421 > 240 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=325.013/3695.7214
=0.08794305

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=652.872/3329.8478
=0.19606662

Pharmaron Beijing Co's gearing of this year was 0.08794305. Pharmaron Beijing Co's gearing of last year was 0.19606662. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1313.18/1214.487
=1.08126312

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=1018.642/582.662
=1.74825542

Pharmaron Beijing Co's current ratio of this year was 1.08126312. Pharmaron Beijing Co's current ratio of last year was 1.74825542. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Pharmaron Beijing Co's number of shares in issue this year was 1812.753. Pharmaron Beijing Co's number of shares in issue last year was 1763.273. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=712.592/2065.567
=0.34498615

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=606.296/1760.92
=0.34430639

Pharmaron Beijing Co's gross margin of this year was 0.34498615. Pharmaron Beijing Co's gross margin of last year was 0.34430639. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=2065.567/3356.576
=0.61537918

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=1760.92/3505.376
=0.50234839

Pharmaron Beijing Co's asset turnover of this year was 0.61537918. Pharmaron Beijing Co's asset turnover of last year was 0.50234839. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+0+0+1+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Pharmaron Beijing Co has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Pharmaron Beijing Co (PHBBF) has a Piotroski F-Score of 6 as of Jul. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pharmaron Beijing Co and its competitors. This is near median its historical median of 6.00. Over the past decade, Pharmaron Beijing Co's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Pharmaron Beijing Co ranks #107 out of 1333 companies in the Biotechnology industry, placing it in the top 8%.
Is Pharmaron Beijing Co's Piotroski F-Score too high?
Pharmaron Beijing Co's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Biotechnology industry median Piotroski F-Score is 3.00. Pharmaron Beijing Co's value of 6 is 100% above this industry median. Based on the distribution chart, Pharmaron Beijing Co ranks #107 out of 1333 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Pharmaron Beijing Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Pharmaron Beijing Co's Piotroski F-Score compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Pharmaron Beijing Co ranks #107 out of 1333 companies for Piotroski F-Score. This places Pharmaron Beijing Co in the top 8% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 3.00. Pharmaron Beijing Co's value of 6 is 100% above this benchmark. Historically, Pharmaron Beijing Co's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 3.00, Pharmaron Beijing Co 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 Piotroski F-Score for a Biotechnology company?
The median Piotroski F-Score among Biotechnology companies is 3.00, based on 1,333 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pharmaron Beijing Co's current Piotroski F-Score of 6 is 100% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pharmaron Beijing Co and its competitors. For the Biotechnology industry, the median Piotroski F-Score is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharmaron Beijing Co's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharmaron Beijing Co stock overvalued right now?
Pharmaron Beijing Co (PHBBF) has a current Piotroski F-Score of 6. The stock's GF Value™ is $1.67, compared to a current price of $1.93 — trading 15.6% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 100% above the Biotechnology industry median of 3.00. Pharmaron Beijing Co's overall GF Score™ is 90/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Pharmaron Beijing Co (PHBBF), the current Piotroski F-Score is 6 as of Jul. 26, 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 Pharmaron Beijing Co (PHBBF) Overvalued in 2026?

Based on GuruFocus' analysis, Pharmaron Beijing Co stock appears to be overvalued. The current stock price of $1.93 is trading 15.6% above its estimated GF Value™ of $1.67.

Key valuation signals for PHBBF:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $1.67 vs. price of $1.93 (15.6% above fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 100% above the Biotechnology median (#107 of 1333)

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


Pharmaron Beijing Co Business Description

Address 6 Tai-He Road, 8th Floor, Block 1, Beijing Economic Technological Development Area, Beijing, CHN, 100176
Pharmaron Beijing Co Ltd is a research and development service company supporting the life science industry. The company offers drug research and development service capabilities, ranging from synthetic, medicinal, and analytical chemistry, biology, DMPK, pharmacology, drug safety assessment, radiochemistry, and isotopically labelled metabolism, chemical and pharmaceutical development to clinical development. Its operating segment includes Laboratory services; CMC (small molecule CDMO) services, Clinical development services, and biologics and CGT services. It generates maximum revenue from the Laboratory services segment.
90GF Score

Get the complete analysis for PHBBF

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.93
Price
$1.67
GF Value