BCDA (BioCardia) Cyclically Adjusted PB Ratio: 0.04 (As of Aug. 06, 2026) — 93% Below Median

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BCDA BioCardia Inc BCDA
25 GF Score
Price $0.92
! 1 Warning Sign
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What is BioCardia Cyclically Adjusted PB Ratio?

BioCardia BCDA -3.01% 25 Cyclically Adjusted PB Ratio is 0.04 as of Aug. 06, 2026, which is 93% below its 10-year median of 0.57. GuruFocus rates BCDA with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 695 Biotechnology companies, BioCardia ranks better than 94.96% on this metric.

As of today (2026-08-06), BioCardia's current share price is $0.9214. BioCardia's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $23.29. BioCardia's Cyclically Adjusted PB Ratio for today is 0.04.

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

BCDA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.57   Max: 14.28
Current: 0.04

During the past years, BioCardia's highest Cyclically Adjusted PB Ratio was 14.28. The lowest was 0.02. And the median was 0.57.

BCDA's Cyclically Adjusted PB Ratio is ranked better than
94.96% of 695 companies
in the Biotechnology industry
Industry Median: 1.58 vs BCDA: 0.04

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.

BioCardia's adjusted book value per share data for the three months ended in Mar. 2026 was $-0.097. 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 $23.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BioCardia  (NAS:BCDA) 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.


BioCardia Cyclically Adjusted PB Ratio Related Terms


BioCardia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BioCardia'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.

BioCardia Cyclically Adjusted PB Ratio Chart

BioCardia 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 0.43 0.52 0.20 0.06 0.05

BioCardia 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 0.07 0.06 0.04 0.05 0.05

BCDA vs SNTI, COCP, ZEOX: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, BioCardia'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.


BioCardia Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


BCDA
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BioCardia Inc BCDA
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BioCardia 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.

BioCardia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.9214/23.29
=0.04

* 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.

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

For example, BioCardia'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)
=-0.097/330.2130*330.2130
=-0.097

Current CPI (Mar. 2026) = 330.2130.

BioCardia Quarterly Data

Book Value per Share CPI Adj_Book
201606 98.754 241.018 135.300
201609 134.880 241.428 184.482
201612 72.986 241.432 99.825
201703 64.841 243.801 87.823
201706 56.823 244.955 76.601
201709 48.710 246.819 65.168
201712 39.311 246.524 52.656
201803 29.000 249.554 38.373
201806 20.275 251.989 26.569
201809 10.366 252.439 13.560
201812 11.740 251.233 15.431
201903 2.533 254.202 3.290
201906 -6.923 256.143 -8.925
201909 11.415 256.759 14.681
201912 5.209 256.974 6.694
202003 -2.807 258.115 -3.591
202006 8.806 257.797 11.280
202009 4.961 260.280 6.294
202012 17.657 260.474 22.384
202103 16.573 264.877 20.661
202106 13.932 271.696 16.933
202109 11.922 274.310 14.352
202112 9.222 278.802 10.923
202203 6.550 287.504 7.523
202206 5.688 296.311 6.339
202209 3.446 296.808 3.834
202212 3.656 296.797 4.068
202303 1.411 301.836 1.544
202306 1.136 305.109 1.229
202309 -0.458 307.789 -0.491
202312 -1.016 306.746 -1.094
202403 -1.272 312.332 -1.345
202406 -0.923 314.175 -0.970
202409 0.609 315.301 0.638
202412 0.182 315.605 0.190
202503 -0.325 319.799 -0.336
202506 -0.343 322.561 -0.351
202509 0.248 324.800 0.252
202512 0.083 324.054 0.085
202603 -0.097 330.213 -0.097

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 0.04 mean?
BioCardia (BCDA) has a Cyclically Adjusted PB Ratio of 0.04 as of Aug. 06, 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 BioCardia and its competitors. This is 93% below median its historical median of 0.57. Over the past decade, BioCardia's Cyclically Adjusted PB Ratio has ranged from 0.02 to 14.28. According to the industry distribution chart, BioCardia ranks #35 out of 695 companies in the Biotechnology industry, placing it in the top 5%.
Is BioCardia's Cyclically Adjusted PB Ratio too high?
BioCardia's current Cyclically Adjusted PB Ratio of 0.04 is 93% below median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 14.28. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. BioCardia's value of 0.04 is 97.5% below this industry median. Based on the distribution chart, BioCardia ranks #35 out of 695 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, BioCardia has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does BioCardia's Cyclically Adjusted PB Ratio compare to SNTI and COCP?
According to the Biotechnology industry distribution chart, BioCardia ranks #35 out of 695 companies for Cyclically Adjusted PB Ratio. This places BioCardia in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.58. BioCardia's value of 0.04 is 97.5% below this benchmark. Historically, BioCardia's own Cyclically Adjusted PB Ratio has ranged from 0.02 to 14.28 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 1.58, BioCardia 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.58, based on 695 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. BioCardia's current Cyclically Adjusted PB Ratio of 0.04 is 97.5% 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 BioCardia and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BioCardia's current Cyclically Adjusted PB Ratio is 0.04, which is 93% below median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioCardia stock overvalued right now?
BioCardia (BCDA) has a current Cyclically Adjusted PB Ratio of 0.04. The current Cyclically Adjusted PB Ratio is 0.04, which is 93% below median its 10-year median of 0.57 and 97.5% below the Biotechnology industry median of 1.58. BioCardia's overall GF Score™ is 25/100 with 1 warning sign 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 BioCardia (BCDA), the current Cyclically Adjusted PB Ratio is 0.04 as of Aug. 06, 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.

BioCardia Business Description

Address 320 Soquel Way, Sunnyvale, CA, USA, 94085
BioCardia Inc is a clinical-stage company developing cellular and cell-derived therapeutics for the treatment of cardiovascular and pulmonary diseases with unmet medical needs. Its two cell therapy platforms derived from the bone marrow. CardiAMP autologous mononuclear cell therapy platform is being for two clinical indications: ischemic heart failure with reduced ejection fraction (HFrEF) and refractory angina resulting from chronic myocardial ischemia (CMI). Its immunomodulatory allogeneic mesenchymal stem cell (MSC) therapy platform is being an off the shelf cell therapy for two clinical indications: the treatment of ischemic HFrEF (CardiALLO), which is actively enrolling, and acute respiratory distress syndrome (ARDS).
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