AUPH (Aurinia Pharmaceuticals) Cyclically Adjusted PB Ratio: 5.64 (As of Jul. 28, 2026) — 37% Above Median

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AUPH Aurinia Pharmaceuticals Inc AUPH
81 GF Score
Price $15.22
GF Value $14.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Aurinia Pharmaceuticals Cyclically Adjusted PB Ratio?

Aurinia Pharmaceuticals AUPH -0.85% 81 Cyclically Adjusted PB Ratio is 5.64 as of Jul. 28, 2026, which is 37% above its 10-year median of 4.12. GuruFocus rates AUPH with a GF Scoreâ„¢ of 81/100 and a GF Valueâ„¢ of $14.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 698 Biotechnology companies, Aurinia Pharmaceuticals ranks worse than 79.51% on this metric.

As of today (2026-07-28), Aurinia Pharmaceuticals's current share price is $15.215. Aurinia Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.70. Aurinia Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 5.64.

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

AUPH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 4.12   Max: 21.62
Current: 5.69

During the past years, Aurinia Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 21.62. The lowest was 0.40. And the median was 4.12.

AUPH's Cyclically Adjusted PB Ratio is ranked worse than
79.51% of 698 companies
in the Biotechnology industry
Industry Median: 1.615 vs AUPH: 5.69

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.

Aurinia Pharmaceuticals's adjusted book value per share data for the three months ended in Mar. 2026 was $4.341. 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 $2.70 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurinia Pharmaceuticals  (NAS:AUPH) 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.


Aurinia Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


Aurinia Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aurinia Pharmaceuticals'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.

Aurinia Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Aurinia Pharmaceuticals 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 14.54 2.30 4.09 3.89 6.21

Aurinia Pharmaceuticals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.38 3.49 4.46 6.21 5.49

AUPH vs PVLA, URGN, RAPP: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Aurinia Pharmaceuticals'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.


Aurinia Pharmaceuticals Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


AUPH
81GF Score
Aurinia Pharmaceuticals Inc AUPH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurinia Pharmaceuticals 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.

Aurinia Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.215/2.70
=5.64

* 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.

Aurinia Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=4.341/132.2623*132.2623
=4.341

Current CPI (Mar. 2026) = 132.2623.

Aurinia Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.554 102.002 0.718
201609 0.518 101.765 0.673
201612 0.681 101.449 0.888
201703 2.103 102.634 2.710
201706 2.138 103.029 2.745
201709 1.996 103.345 2.555
201712 1.972 103.345 2.524
201803 1.814 105.004 2.285
201806 1.666 105.557 2.087
201809 1.469 105.636 1.839
201812 1.317 105.399 1.653
201903 1.520 106.979 1.879
201906 1.371 107.690 1.684
201909 1.312 107.611 1.613
201912 2.671 107.769 3.278
202003 2.342 107.927 2.870
202006 2.121 108.401 2.588
202009 3.154 108.164 3.857
202012 3.218 108.559 3.921
202103 2.890 110.298 3.466
202106 2.588 111.720 3.064
202109 2.301 112.905 2.696
202112 3.383 113.774 3.933
202203 3.162 117.646 3.555
202206 2.987 120.806 3.270
202209 2.980 120.648 3.267
202212 2.850 120.964 3.116
202303 2.730 122.702 2.943
202306 2.736 124.203 2.914
202309 2.729 125.230 2.882
202312 2.628 125.072 2.779
202403 2.502 126.258 2.621
202406 2.550 127.522 2.645
202409 2.711 127.285 2.817
202412 2.679 127.364 2.782
202503 2.542 129.181 2.603
202506 2.527 129.892 2.573
202509 2.774 130.287 2.816
202512 4.393 130.366 4.457
202603 4.341 132.262 4.341

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 5.64 mean?
Aurinia Pharmaceuticals (AUPH) has a Cyclically Adjusted PB Ratio of 5.64 as of Jul. 28, 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 Aurinia Pharmaceuticals and its competitors. This is 37% above median its historical median of 4.12. Over the past decade, Aurinia Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 0.40 to 21.62. According to the industry distribution chart, Aurinia Pharmaceuticals ranks #555 out of 698 companies in the Biotechnology industry, placing it in the top 79.5%.
Is Aurinia Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
Aurinia Pharmaceuticals' current Cyclically Adjusted PB Ratio of 5.64 is 37% above median its 10-year median of 4.12. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 21.62. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Aurinia Pharmaceuticals' value of 5.64 is 249.2% above this industry median. Based on the distribution chart, Aurinia Pharmaceuticals ranks #555 out of 698 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Aurinia Pharmaceuticals has a GF Scoreâ„¢ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aurinia Pharmaceuticals' Cyclically Adjusted PB Ratio compare to PVLA and URGN?
According to the Biotechnology industry distribution chart, Aurinia Pharmaceuticals ranks #555 out of 698 companies for Cyclically Adjusted PB Ratio. This places Aurinia Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Aurinia Pharmaceuticals' value of 5.64 is 249.2% above this benchmark. Historically, Aurinia Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 0.40 to 21.62 over the past decade. While the company's 10-year median is 4.12 vs. the industry median of 1.62, Aurinia Pharmaceuticals 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 698 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. Aurinia Pharmaceuticals's current Cyclically Adjusted PB Ratio of 5.64 is 249.2% 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 Aurinia Pharmaceuticals and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurinia Pharmaceuticals's current Cyclically Adjusted PB Ratio is 5.64, which is 37% above median its own 10-year median of 4.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurinia Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Aurinia Pharmaceuticals (AUPH) is currently considered Fairly Valued. The stock's GF Value™ is $14.09, compared to a current price of $15.22 — trading 8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.64, which is 37% above median its 10-year median of 4.12 and 249.2% above the Biotechnology industry median of 1.62. Aurinia Pharmaceuticals' overall GF Score™ is 81/100 with 3 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 Aurinia Pharmaceuticals (AUPH), the current Cyclically Adjusted PB Ratio is 5.64 as of Jul. 28, 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 Aurinia Pharmaceuticals (AUPH) Overvalued in 2026?

Based on GuruFocus' analysis, Aurinia Pharmaceuticals stock appears to be overvalued. The current stock price of $15.22 is trading 8% above its estimated GF Value™ of $14.09. GuruFocus considers Aurinia Pharmaceuticals to be Fairly Valued.

Key valuation signals for AUPH:

  • Cyclically Adjusted PB Ratio: 5.64 (37% above median its 10-year median of 4.12)
  • GF Value™: $14.09 vs. price of $15.22 (8% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 249.2% above the Biotechnology median (#555 of 698)

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


Aurinia Pharmaceuticals Business Description

Other Exchanges IKAP:Germany
Address 14315 - 118 Avenue, Suite 140, Edmonton, AB, CAN, T5L 4S6
Aurinia Pharmaceuticals Inc is a biopharmaceutical company focused on delivering therapies to people living with autoimmune diseases with high unmet medical needs. The company developed LUPKYNIS (voclosporin), the first FDA-approved oral therapy for the treatment of adult patients with active lupus nephritis. It is also developing aritinercept, a dual inhibitor of B cell activating factor (BAFF) and a proliferation-inducing ligand (APRIL), for the potential treatment of autoimmune diseases.
81GF Score

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

$15.22
Price
$14.09
GF Value