226 companies|as of 04/04/2026|gov bond yield: 4.31%|erp: 4.75%|unlevered beta: 0.80|relevered beta: 0.80
Hybio Pharmaceutical12.95%
Fujian Cosunter Pharmaceutical12.29%
Shanghai Haoyuan Chemexpress12.01%
Tilray Brands11.95%
Shenzhen Kangtai Biological Products11.72%
Zhejiang Wolwo Bio-Pharmaceutical11.68%
PharmaBlock Sciences (Nanjing)11.68%
Changchun High-Tech Industries (Group)11.66%
Changchun BCHT Biotechnology11.24%
Cosmo Pharmaceuticals11.18%
Betta Pharmaceuticals11.17%
Shenyang Xingqi Pharmaceutical11.01%
Tianjin Pharmaceutical Da Ren Tang Group Corporation11.01%
GuangYuYuan Chinese Herbal Medicine10.84%
Shenzhen Chipscreen Biosciences10.49%
Beijing Sun-Novo Pharmaceutical Research10.38%
Guangdong Zhongsheng Pharmaceutical10.36%
Sichuan Huiyu Pharmaceutical10.33%
Tianjin Ringpu Bio-Technology10.27%
Zhangzhou Pientzehuang Pharmaceutical10.21%
Yifan Pharmaceutical10.15%
Jilin Aodong Pharmaceutical Group10.15%
Shenzhen Hepalink Pharmaceutical Group10.05%
Dottikon Es Holding9.95%
Avadel Pharmaceuticals9.94%
Dezhan Healthcare Company9.92%
Elanco Animal Health9.84%
Tianjin Chase Sun Pharmaceutical9.83%
Wockhardt9.83%
Tibet Rhodiola Pharmaceutical Holding9.82%
Nanjing King-Friend Biochemical Pharmaceutical9.79%
Zhejiang Jiuzhou Pharmaceutical9.76%
Xiamen Kingdomway Group9.73%
Sihuan Pharmaceutical Holdings Group9.69%
Cronos Group9.65%
Renhe Pharmacy9.64%
PolyPeptide Group9.64%
Boai NKY Medical Holdings9.62%
Walvax Biotechnology9.59%
Beijing Tongrentang9.55%
China Medical System Holdings9.54%
Indivior9.48%
Jiangsu Hengrui Medicine9.47%
Zhejiang Sunflower Great Health9.28%
Huadong Medicine9.26%
China Animal Husbandry Industry9.26%
Apeloa Pharmaceutical9.22%
Mayinglong Pharmaceutical Group9.21%
Dong-E-E-Jiao9.20%
Zhejiang NHU Company9.18%
CanSino Biologics9.17%
Jiangsu Kanion Pharmaceutical9.17%
HUTCHMED (China)9.16%
Evotec9.13%
Hunan Er-Kang Pharmaceutical9.11%
Sanofi India9.08%
Zhejiang Xianju Pharmaceutical9.08%
Zhejiang Garden Bio-chemical High-tech9.08%
Trulieve Cannabis9.07%
Kangmei Pharmaceutical9.00%
ApicHope Pharmaceutical8.98%
Joincare Pharmaceutical Group Industry8.95%
Chengdu Kanghong Pharmaceutical Group8.94%
Luye Pharma Group8.94%
Zhejiang Medicine8.93%
Livzon Pharmaceutical Group8.87%
Roche Holding8.85%
AstraZeneca8.83%
Jiuzhitang8.81%
Zhejiang Tianyu Pharmaceutical8.78%
Tasly Pharmaceutical Group8.77%
Zhejiang Hisoar Pharmaceutical8.75%
Jubilant Pharmova8.73%
Laurus Labs8.72%
Dynavax Technologies8.70%
Zhejiang Huahai Pharmaceutical8.68%
Shanghai Shyndec Pharmaceutical8.61%
Hubei Jumpcan Pharmaceutical8.61%
Huapont Life Sciences8.60%
Cisen Pharmaceutical8.57%
Yunnan Baiyao Group8.56%
Alkem Laboratories8.55%
Beijing Aosaikang Pharmaceutical8.49%
Shandong Buchang Pharmaceuticals8.48%
Beijing SL Pharmaceutical8.46%
Hansoh Pharmaceutical Group Company8.43%
Zhejiang CONBA Pharmaceutical Co.,Ltd.8.40%
Zoetis8.39%
Virbac8.37%
United Laboratories International Holdings8.37%
Curaleaf Holdings8.32%
Novartis8.32%
Pacific Shuanglin Bio-pharmacy8.24%
Grand Pharmaceutical Group8.22%
Supernus Pharmaceuticals8.21%
Haw Par Corporation8.20%
Lotus Pharmaceutical8.17%
NATCO Pharma8.17%
Sun Pharmaceutical Industries8.16%
Zhejiang Jingxin Pharmaceutical8.15%
Shandong Wit Dyne Health8.15%
Hanall Biopharma8.14%
Vetoquinol8.13%
Consun Pharmaceutical Group8.13%
Chugai Pharmaceutical8.12%
Northeast Pharmaceutical Group8.12%
Neuland Laboratories8.11%
Guangzhou Baiyunshan Pharmaceutical Holdings Company8.11%
Green Thumb Industries8.10%
Guobang Pharma8.09%
Harbin Pharmaceutical Group8.08%
Divi's Laboratories8.05%
Zhejiang Hisun Pharmaceutical8.05%
Henan Lingrui Pharmaceutical8.04%
Alembic Pharmaceuticals8.03%
GSK8.03%
Cohance Lifesciences8.03%
KPC Pharmaceuticals8.02%
CSPC Pharmaceutical Group7.99%
Ajanta Pharma7.98%
China Traditional Chinese Medicine Holdings7.98%
Guangxi Wuzhou Zhongheng Group7.92%
Pfizer Limited7.86%
Cipla7.83%
AstraZeneca Pharma India7.79%
Amneal Pharmaceuticals7.78%
Daiichi Sankyo Company7.78%
Shandong Xinhua Pharmaceutical Company7.77%
Chongqing Taiji Industry(Group)7.76%
Lupin7.75%
Eris Lifesciences7.73%
Merck Germany7.72%
Torrent Pharmaceuticals7.72%
PT Kalbe Farma7.71%
Jiang Zhong Pharmaceutical7.70%
China National Medicines Corporation7.70%
Hainan Haiyao7.66%
Aurobindo Pharma7.65%
Hypera7.63%
Shanghai Fosun Pharmaceutical (Group)7.61%
Zydus Lifesciences7.58%
BioGaia7.55%
Otsuka Holdings7.54%
Guizhou Bailing Group Pharmaceutical7.54%
Siegfried Holding7.50%
Kyowa Kirin7.49%
Grifols7.49%
Shanghai Yizhong Pharmaceutical7.46%
Hanmi Pharm.7.44%
Aurora Optoelectronics7.44%
Amphastar Pharmaceuticals7.41%
Almirall7.41%
Sunflower Pharmaceutical Group7.40%
Changzhou Qianhong Biopharma7.37%
Eli Lilly7.35%
Granules India7.34%
Hikma Pharmaceuticals7.33%
Glenmark Pharmaceuticals7.32%
Dermapharm Holding7.32%
Ipsen7.31%
Ipca Laboratories7.29%
Dr. Reddy's Laboratories7.21%
Faes Farma7.20%
Gland Pharma7.14%
GlaxoSmithKline Pharmaceuticals7.14%
Recordati Industria Chimica e Farmaceutica7.13%
Sanofi7.12%
Phibro Animal Health7.12%
Tonghua Golden-Horse Pharmaceutical Industry7.11%
Ono Pharmaceutical7.08%
H. Lundbeck7.08%
Shandong Lukang Pharmaceutical7.08%
China Resources Sanjiu Medical & Pharmaceutical7.05%
Humanwell Healthcare (Group)7.05%
Shionogi7.04%
Heilongjiang ZBD Pharmaceutical7.03%
Neurocrine Biosciences7.00%
Orion6.99%
Haleon6.98%
Yuhan6.89%
Gilead Sciences6.86%
J&J6.83%
Fagron6.83%
Collegium Pharmaceutical6.81%
North China Pharmaceutical Company6.76%
SSY Group6.75%
ANI Pharmaceuticals6.74%
J. B. Chemicals & Pharmaceuticals6.72%
Sichuan Kelun Pharmaceutical6.72%
Amgen6.71%
Genomma Lab Internacional6.68%
Jiangsu Nhwa Pharmaceutical6.65%
AbbVie6.64%
Astellas Pharma6.62%
Santen Pharmaceutical6.57%
Eisai6.55%
Abbott India6.55%
Harrow Health6.53%
Procter & Gamble Health6.51%
Bayer6.47%
Merck US6.45%
Viatris6.44%
Hisamitsu Pharmaceutical6.44%
Pfizer Inc.6.43%
China Resources Double-Crane Pharmaceutical6.34%
Shenzhen Neptunus Bioengineering6.33%
Aether Industries6.22%
Kissei Pharmaceutical6.20%
Biogen6.17%
Tsumura6.13%
Pacira BioSciences6.12%
Bristol-Myers Squibb6.10%
China Resources Pharmaceutical Group5.99%
Swedish Orphan Biovitrum5.98%
Aspen Pharmacare Holdings5.71%
Sumitomo Pharma5.70%
Sawai Group Holdings5.58%
Takeda Pharmaceutical Company5.58%
Nippon Shinyaku5.54%
Lantheus Holdings5.42%
Towa Pharmaceutical5.41%
Toho Holdings5.27%
Alvotech5.08%
Perrigo4.94%
Organon4.63%
Bausch Health Companies4.37%
methodology
WACC is calculated as the weighted average of the cost of equity and the after-tax cost of debt, using median unlevered betas (5-year monthly, adjusted via Blume) relevered with median net-debt capital structures via the Hamada equation.
Cost of equity = risk-free rate + relevered beta × equity risk premium. Cost of debt = (risk-free rate + credit spread) × (1 − tax rate).
Data is updated daily. Read our full methodology on the sources page.