ADAPY (Adaptimmune Therapeutics) Cyclically Adjusted PB Ratio: 0.01 (As of Aug. 26, 2026)

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What is Adaptimmune Therapeutics Cyclically Adjusted PB Ratio?

Adaptimmune Therapeutics ADAPY +5.80% Cyclically Adjusted PB Ratio is 0.01 as of Aug. 26, 2026.

As of today (2026-08-26), Adaptimmune Therapeutics's current share price is $0.02645. Adaptimmune Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 was $2.04. Adaptimmune Therapeutics's Cyclically Adjusted PB Ratio for today is 0.01.

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

ADAPY's Cyclically Adjusted PB Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 1.61
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Adaptimmune Therapeutics's adjusted book value per share data for the three months ended in Jun. 2025 was $-0.268. 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 $2.04 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adaptimmune Therapeutics  (OTCPK:ADAPY) 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.


Adaptimmune Therapeutics Cyclically Adjusted PB Ratio Related Terms


Adaptimmune Therapeutics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Adaptimmune Therapeutics'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.

Adaptimmune Therapeutics Cyclically Adjusted PB Ratio Chart

Adaptimmune Therapeutics Annual Data
Trend Jun15 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 0.00 0.00 0.00 0.37 0.25

Adaptimmune Therapeutics Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 0.45 0.43 0.25 0.09 0.12

ADAPY vs BCLI, APRE, JSPR: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Adaptimmune Therapeutics'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.


Adaptimmune Therapeutics Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Adaptimmune Therapeutics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Adaptimmune Therapeutics 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.

Adaptimmune Therapeutics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.02645/2.04
=0.01

* 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.

Adaptimmune Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2025 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=-0.268/138.4000*138.4000
=-0.268

Current CPI (Jun. 2025) = 138.4000.

Adaptimmune Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201509 3.541 100.200 4.891
201512 3.320 100.400 4.577
201603 3.093 100.400 4.264
201606 2.783 101.000 3.814
201609 2.543 101.500 3.467
201612 2.347 102.200 3.178
201703 2.409 102.700 3.246
201706 2.454 103.500 3.281
201709 2.444 104.300 3.243
201712 2.167 105.000 2.856
201803 2.032 105.100 2.676
201806 1.749 105.900 2.286
201809 2.642 106.600 3.430
201812 2.361 107.100 3.051
201903 2.098 107.000 2.714
201906 1.779 107.900 2.282
201909 1.404 108.400 1.793
201912 1.176 108.500 1.500
202003 1.430 108.600 1.822
202006 2.636 108.800 3.353
202009 2.431 109.200 3.081
202012 2.204 109.400 2.788
202103 1.989 109.700 2.509
202106 1.781 111.400 2.213
202109 1.543 112.400 1.900
202112 1.318 114.700 1.590
202203 1.040 116.500 1.236
202206 0.872 120.500 1.002
202209 0.692 122.300 0.783
202212 0.498 125.300 0.550
202303 0.506 126.800 0.552
202306 0.562 129.400 0.601
202309 0.388 130.100 0.413
202312 0.174 130.500 0.185
202403 0.095 131.600 0.100
202406 0.377 133.000 0.392
202409 0.313 133.500 0.324
202412 0.046 135.100 0.047
202503 -0.145 136.100 -0.147
202506 -0.268 138.400 -0.268

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 0.01 mean?
Adaptimmune Therapeutics (ADAPY) has a Cyclically Adjusted PB Ratio of 0.01 as of Aug. 26, 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 Adaptimmune Therapeutics and its competitors.
Is Adaptimmune Therapeutics' Cyclically Adjusted PB Ratio too high?
Adaptimmune Therapeutics' current Cyclically Adjusted PB Ratio is 0.01. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.61. Adaptimmune Therapeutics' value of 0.01 is 99.4% below this industry median.
How does Adaptimmune Therapeutics' Cyclically Adjusted PB Ratio compare to BCLI and APRE?
Adaptimmune Therapeutics' Cyclically Adjusted PB Ratio of 0.01 can be compared against companies in the Biotechnology industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Adaptimmune Therapeutics' value of 0.01 is 99.4% below this benchmark. 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.61, based on 684 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. Adaptimmune Therapeutics's current Cyclically Adjusted PB Ratio of 0.01 is 99.4% below 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 Adaptimmune Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adaptimmune Therapeutics's current Cyclically Adjusted PB Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adaptimmune Therapeutics stock overvalued right now?
Adaptimmune Therapeutics (ADAPY) has a current Cyclically Adjusted PB Ratio of 0.01. The current Cyclically Adjusted PB Ratio is 0.01 and 99.4% below the Biotechnology industry median of 1.61. 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 Adaptimmune Therapeutics (ADAPY), the current Cyclically Adjusted PB Ratio is 0.01 as of Aug. 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.

Adaptimmune Therapeutics Business Description

Other Exchanges 473A:Germany
Address 99 Park Drive, Milton Park, The Innovation Centre, Abingdon, Oxfordshire, GBR, OX14 4RY
Adaptimmune Therapeutics PLC is a commercial-stage biopharmaceutical company working to redefine the treatment of solid tumor cancers with cell therapies. It has developed a comprehensive proprietary platform that enables it to identify cancer targets, find and genetically engineer T-cell receptors, and produce TCR therapeutic candidates for administration to patients. Its product pipelines include ADP-600 [PRAME] and ADP-520 [CD70].