AWHL (Aspira Womens Health) Cyclically Adjusted PB Ratio: 0.16 (As of Sep. 10, 2026) — 89% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AWHL Aspira Womens Health Inc AWHL
38 GF Score
Price $0.27
GF Value $0.26
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Aspira Womens Health Cyclically Adjusted PB Ratio?

Aspira Womens Health AWHL -10.00% 38 Cyclically Adjusted PB Ratio is 0.16 as of Sep. 10, 2026, which is 89% below its 10-year median of 1.41. GuruFocus rates AWHL with a GF Score™ of 38/100 and a GF Value™ of $0.26 (Fairly Valued). The stock has 8 warning signs investors should review. Among 127 Medical Diagnostics & Research companies, Aspira Womens Health ranks better than 89.76% on this metric.

As of today (2026-09-10), Aspira Womens Health's current share price is $0.27. Aspira Womens Health's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.70. Aspira Womens Health's Cyclically Adjusted PB Ratio for today is 0.16.

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

AWHL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.41   Max: 24.72
Current: 0.18

During the past years, Aspira Womens Health's highest Cyclically Adjusted PB Ratio was 24.72. The lowest was 0.01. And the median was 1.41.

AWHL's Cyclically Adjusted PB Ratio is ranked better than
89.76% of 127 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.82 vs AWHL: 0.18

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.

Aspira Womens Health's adjusted book value per share data for the three months ended in Jun. 2026 was $-0.156. 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 $1.70 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspira Womens Health  (OTCPK:AWHL) 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.


Aspira Womens Health Cyclically Adjusted PB Ratio Related Terms


Aspira Womens Health Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aspira Womens Health'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.

Aspira Womens Health Cyclically Adjusted PB Ratio Chart

Aspira Womens Health 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 5.85 1.20 1.21 0.28 0.34

Aspira Womens Health Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.06 0.24 0.34 0.20 0.24

AWHL vs MBAI, XWEL, ADVB: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, Aspira Womens Health'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.


Aspira Womens Health Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Aspira Womens Health's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Aspira Womens Health's Cyclically Adjusted PB Ratio falls into.


AWHL
38GF Score
Aspira Womens Health Inc AWHL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aspira Womens Health 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.

Aspira Womens Health's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.27/1.70
=0.16

* 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.

Aspira Womens Health's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Aspira Womens Health's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.156/333.9520*333.9520
=-0.156

Current CPI (Jun. 2026) = 333.9520.

Aspira Womens Health Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.805 241.428 2.497
201612 1.078 241.432 1.491
201703 1.749 243.801 2.396
201706 1.209 244.955 1.648
201709 1.480 246.819 2.002
201712 0.851 246.524 1.153
201803 0.310 249.554 0.415
201806 2.405 251.989 3.187
201809 1.932 252.439 2.556
201812 1.421 251.233 1.889
201903 0.722 254.202 0.949
201906 2.124 256.143 2.769
201909 1.824 256.759 2.372
201912 1.347 256.974 1.751
202003 0.817 258.115 1.057
202006 1.084 257.797 1.404
202009 2.098 260.280 2.692
202012 1.393 260.474 1.786
202103 7.025 264.877 8.857
202106 6.269 271.696 7.705
202109 5.152 274.310 6.272
202112 4.036 278.802 4.834
202203 2.909 287.504 3.379
202206 1.886 296.311 2.126
202209 1.347 296.808 1.516
202212 0.840 296.797 0.945
202303 0.099 301.836 0.110
202306 -0.062 305.109 -0.068
202309 -0.064 307.789 -0.069
202312 -0.222 306.746 -0.242
202403 -0.110 312.332 -0.118
202406 -0.289 314.175 -0.307
202409 -0.155 315.301 -0.164
202412 -0.147 315.605 -0.156
202503 -0.002 319.799 -0.002
202506 -0.075 322.561 -0.078
202509 -0.102 324.800 -0.105
202512 -0.159 324.054 -0.164
202603 -0.143 330.213 -0.145
202606 -0.156 333.952 -0.156

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 0.16 mean?
Aspira Womens Health (AWHL) has a Cyclically Adjusted PB Ratio of 0.16 as of Sep. 10, 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 Aspira Womens Health and its competitors. This is 89% below median its historical median of 1.41. Over the past decade, Aspira Womens Health's Cyclically Adjusted PB Ratio has ranged from 0.01 to 24.72. According to the industry distribution chart, Aspira Womens Health ranks #13 out of 127 companies in the Medical Diagnostics & Research industry, placing it in the top 10.2%.
Is Aspira Womens Health's Cyclically Adjusted PB Ratio too high?
Aspira Womens Health's current Cyclically Adjusted PB Ratio of 0.16 is 89% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 24.72. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.82. Aspira Womens Health's value of 0.16 is 91.2% below this industry median. Based on the distribution chart, Aspira Womens Health ranks #13 out of 127 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers. Overall, Aspira Womens Health has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aspira Womens Health's Cyclically Adjusted PB Ratio compare to MBAI and XWEL?
According to the Medical Diagnostics & Research industry distribution chart, Aspira Womens Health ranks #13 out of 127 companies for Cyclically Adjusted PB Ratio. This places Aspira Womens Health in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.82. Aspira Womens Health's value of 0.16 is 91.2% below this benchmark. Historically, Aspira Womens Health's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 24.72 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.82, Aspira Womens Health has consistently been below 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PB Ratio among Medical Diagnostics & Research companies is 1.82, based on 127 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. Aspira Womens Health's current Cyclically Adjusted PB Ratio of 0.16 is 91.2% 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 Aspira Womens Health and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aspira Womens Health's current Cyclically Adjusted PB Ratio is 0.16, which is 89% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aspira Womens Health stock overvalued right now?
Based on GuruFocus' analysis, Aspira Womens Health (AWHL) is currently considered Fairly Valued. The stock's GF Value™ is $0.26, compared to a current price of $0.27 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.16, which is 89% below median its 10-year median of 1.41 and 91.2% below the Medical Diagnostics & Research industry median of 1.82. Aspira Womens Health's overall GF Score™ is 38/100 with 8 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 Aspira Womens Health (AWHL), the current Cyclically Adjusted PB Ratio is 0.16 as of Sep. 10, 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 Aspira Womens Health (AWHL) Overvalued in 2026?

Based on GuruFocus' analysis, Aspira Womens Health stock appears to be overvalued. The current stock price of $0.27 is trading 3.8% above its estimated GF Value™ of $0.26. GuruFocus considers Aspira Womens Health to be Fairly Valued.

Key valuation signals for AWHL:

  • Cyclically Adjusted PB Ratio: 0.16 (89% below median its 10-year median of 1.41)
  • GF Value™: $0.26 vs. price of $0.27 (3.8% above fair value)
  • GF Score™: 38/100 with 8 warning signs
  • Industry Position: 91.2% below the Medical Diagnostics & Research median (#13 of 127)

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


Aspira Womens Health Business Description

Address 12117 Bee Caves Road, Suite 100, Building 3, Austin, TX, USA, 78738
Aspira Womens Health Inc is engaged in developing and commercializing diagnostic tests for gynecologic diseases. Its main products include OvaWatch, Ova1Plus, Ova1, and Overa, which are used to assess ovarian cancer risk in women with adnexal masses. The company is also developing EndoCheck for endometriosis. The company views its operations and manages its business in a single operating segment, which is the discovery, development, and commercialization of noninvasive diagnostic tests.
38GF Score

Get the complete analysis for AWHL

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

$0.27
Price
$0.26
GF Value