Ocugen (MEX:OCGN) Book Value per Share: MXN0.31 (As of Mar. 2026)

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MEX:OCGN Ocugen Inc MEX:OCGN
35 GF Score
Price MXN20.68
GF Value MXN13.07
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ocugen Book Value per Share?

Ocugen MEX:OCGN 35 Book Value per Share is MXN0.31 as of Mar. 2026. GuruFocus rates MEX:OCGN with a GF Score™ of 35/100 and a GF Value™ of MXN13.07 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Ocugen's book value per share for the quarter that ended in Mar. 2026 was MXN0.31.

During the past 12 months, Ocugen's average Book Value Per Share Growth Rate was -68.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ocugen was 16.90% per year. The lowest was -82.60% per year. And the median was -14.95% per year.

Ocugen's current price is MXN20.68. Its book value per share for the quarter that ended in Mar. 2026 was MXN0.31. Hence, today's PB Ratio of Ocugen is 66.93.

During the past 13 years, the highest P/B Ratio of Ocugen was 160.91. The lowest was 1.37. And the median was 10.85.

Good Sign:

Ocugen Inc stock PB Ratio (=73.53) is close to 1-year low of 71.18.


Ocugen  (MEX:OCGN) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Ocugen Book Value per Share Related Terms


Ocugen Book Value per Share Historical Data

* Premium members only.

The historical data trend for Ocugen's Book Value per Share 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.

Ocugen Book Value per Share Chart

Ocugen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.86 6.51 2.68 2.12 -0.70

Ocugen Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 1.12 0.20 0.21 -0.70 0.31

MEX:OCGN vs EVMN, PBYI, LRMR: Book Value per Share Comparison

For the Biotechnology subindustry, Ocugen's PB Ratio, along with its competitors' market caps and 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.


Ocugen PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ocugen's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ocugen's PB Ratio falls into.


MEX:OCGN
35GF Score
Ocugen Inc MEX:OCGN
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocugen Book Value per Share Calculation

Ocugen's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-219.06-0.00)/312.38
=-0.70

Ocugen's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(104.68-0.00)/338.32
=0.31

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of MXN0.31 mean?
Ocugen (MEX:OCGN) has a Book Value per Share of MXN0.31 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Ocugen and its competitors.
Is Ocugen's Book Value per Share too high?
Ocugen's current Book Value per Share is MXN0.31. Overall, Ocugen has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocugen's Book Value per Share compare to EVMN and PBYI?
Ocugen's Book Value per Share of MXN0.31 can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Biotechnology company?
A good Book Value per Share depends on the Biotechnology industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Ocugen and its competitors. Ocugen's current Book Value per Share is MXN0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocugen stock overvalued right now?
Based on GuruFocus' analysis, Ocugen (MEX:OCGN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN13.07, compared to a current price of MXN20.68 — trading 58.2% above its estimated fair value. The current Book Value per Share is MXN0.31. Ocugen's overall GF Score™ is 35/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Ocugen (MEX:OCGN), the current Book Value per Share is MXN0.31 as of Mar. 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 Ocugen (MEX:OCGN) Overvalued in 2026?

Based on GuruFocus' analysis, Ocugen stock appears to be overvalued. The current stock price of MXN20.68 is trading 58.2% above its estimated GF Value™ of MXN13.07. GuruFocus considers Ocugen to be Significantly Overvalued.

Key valuation signals for MEX:OCGN:

  • Book Value per Share: MXN0.31
  • GF Value™: MXN13.07 vs. price of MXN20.68 (58.2% above fair value)
  • GF Score™: 35/100 with 4 warning signs

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


Ocugen Business Description

Other Exchanges OCGN:USA2H51:Germany
Address 11 Great Valley Parkway, Malvern, PA, USA, 19355
Ocugen Inc company focused on discovering, developing, and commercializing novel gene and cell therapies and vaccines that improve health and offer hope for patients across the globe. The company's pipeline includes Modifier Gene Therapy Platform, Novel Biologic Therapy for Retinal Diseases, Regenerative Medicine Cell Therapy Platform, Inhaled Mucosal Vaccine Platform. The company is developing a modifier gene therapy platform designed to fulfill unmet medical needs related to retinal diseases, including inherited retinal diseases ("IRDs"), such as RP, LCA, Stargardt disease, and multifactorial diseases such as dAMD and Geographic Atrophy ("GA").
35GF Score

Get the complete analysis for MEX:OCGN

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN20.68
Price
MXN13.07
GF Value