BOVNF (BioInvent International AB) Cyclically Adjusted PB Ratio: 1.21 (As of Jul. 15, 2026) — 35% Below Median

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BOVNF BioInvent International AB BOVNF
39 GF Score
Price $3.29
GF Value $7.07
! 4 Warning Signs
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What is BioInvent International AB Cyclically Adjusted PB Ratio?

BioInvent International AB BOVNF 39 Cyclically Adjusted PB Ratio is 1.21 as of Jul. 15, 2026, which is 35% below its 10-year median of 1.87. GuruFocus rates BOVNF with a GF Score™ of 39/100 and a GF Value™ of $7.07. The stock has 4 warning signs investors should review. Among 697 Biotechnology companies, BioInvent International AB ranks better than 56.67% on this metric.

As of today (2026-07-15), BioInvent International AB's current share price is $3.2886. BioInvent International AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.71. BioInvent International AB's Cyclically Adjusted PB Ratio for today is 1.21.

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

BOVNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.87   Max: 3.58
Current: 1.25

During the past years, BioInvent International AB's highest Cyclically Adjusted PB Ratio was 3.58. The lowest was 0.83. And the median was 1.87.

BOVNF's Cyclically Adjusted PB Ratio is ranked better than
56.67% of 697 companies
in the Biotechnology industry
Industry Median: 1.62 vs BOVNF: 1.25

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.

BioInvent International AB's adjusted book value per share data for the three months ended in Mar. 2026 was $0.716. 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 $2.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BioInvent International AB  (OTCPK:BOVNF) 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.


BioInvent International AB Cyclically Adjusted PB Ratio Related Terms


BioInvent International AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BioInvent International AB'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.

BioInvent International AB Cyclically Adjusted PB Ratio Chart

BioInvent International AB 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 3.20 2.00 1.06 2.13 1.61

BioInvent International AB 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 1.70 1.89 1.55 1.61 1.21

BOVNF vs VRTX, REGN, ALNY: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, BioInvent International AB'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.


BioInvent International AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


BOVNF
39GF Score
BioInvent International AB BOVNF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BioInvent International AB 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.

BioInvent International AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.2886/2.71
=1.21

* 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.

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

For example, BioInvent International AB'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)
=0.716/133.5600*133.5600
=0.716

Current CPI (Mar. 2026) = 133.5600.

BioInvent International AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.219 101.019 2.934
201609 1.871 101.138 2.471
201612 2.012 102.022 2.634
201703 1.876 102.022 2.456
201706 1.710 102.752 2.223
201709 1.640 103.279 2.121
201712 1.247 103.793 1.605
201803 1.575 103.962 2.023
201806 1.131 104.875 1.440
201809 0.940 105.679 1.188
201812 0.678 105.912 0.855
201903 0.642 105.886 0.810
201906 1.287 106.742 1.610
201909 1.061 107.214 1.322
201912 0.879 107.766 1.089
202003 0.679 106.563 0.851
202006 0.874 107.498 1.086
202009 1.933 107.635 2.399
202012 2.258 108.296 2.785
202103 3.133 108.360 3.862
202106 3.072 108.928 3.767
202109 2.860 110.338 3.462
202112 2.572 112.486 3.054
202203 2.323 114.825 2.702
202206 2.501 118.384 2.822
202209 2.376 122.296 2.595
202212 2.382 126.365 2.518
202303 2.268 127.042 2.384
202306 2.083 129.407 2.150
202309 1.928 130.224 1.977
202312 1.940 131.912 1.964
202403 1.799 132.205 1.817
202406 1.590 132.716 1.600
202409 1.490 132.304 1.504
202412 1.225 132.987 1.230
202503 1.154 132.825 1.160
202506 1.290 133.699 1.289
202509 1.107 133.480 1.108
202512 0.912 133.390 0.913
202603 0.716 133.560 0.716

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 1.21 mean?
BioInvent International AB (BOVNF) has a Cyclically Adjusted PB Ratio of 1.21 as of Jul. 15, 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 BioInvent International AB and its competitors. This is 35% below median its historical median of 1.87. Over the past decade, BioInvent International AB's Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.58. According to the industry distribution chart, BioInvent International AB ranks #302 out of 697 companies in the Biotechnology industry, placing it in the top 43.3%.
Is BioInvent International AB's Cyclically Adjusted PB Ratio too high?
BioInvent International AB's current Cyclically Adjusted PB Ratio of 1.21 is 35% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.58. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. BioInvent International AB's value of 1.21 is 25.3% below this industry median. Based on the distribution chart, BioInvent International AB ranks #302 out of 697 companies in the Biotechnology industry, which is above the industry midpoint. Overall, BioInvent International AB has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does BioInvent International AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, BioInvent International AB ranks #302 out of 697 companies for Cyclically Adjusted PB Ratio. This puts BioInvent International AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. BioInvent International AB's value of 1.21 is 25.3% below this benchmark. Historically, BioInvent International AB's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.58 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.62, BioInvent International AB 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 1.62, based on 697 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. BioInvent International AB's current Cyclically Adjusted PB Ratio of 1.21 is 25.3% 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 BioInvent International AB 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. BioInvent International AB's current Cyclically Adjusted PB Ratio is 1.21, which is 35% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BioInvent International AB stock overvalued right now?
BioInvent International AB (BOVNF) has a current Cyclically Adjusted PB Ratio of 1.21. The stock's GF Value™ is $7.07, compared to a current price of $3.29 — trading 53.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.21, which is 35% below median its 10-year median of 1.87 and 25.3% below the Biotechnology industry median of 1.62. BioInvent International AB's overall GF Score™ is 39/100 with 4 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 BioInvent International AB (BOVNF), the current Cyclically Adjusted PB Ratio is 1.21 as of Jul. 15, 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 BioInvent International AB (BOVNF) Overvalued in 2026?

Based on GuruFocus' analysis, BioInvent International AB stock appears to be undervalued. The current stock price of $3.29 is trading 53.5% below its estimated GF Value™ of $7.07.

Key valuation signals for BOVNF:

  • Cyclically Adjusted PB Ratio: 1.21 (35% below median its 10-year median of 1.87)
  • GF Value™: $7.07 vs. price of $3.29 (53.5% below fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 25.3% below the Biotechnology median (#302 of 697)

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


BioInvent International AB Business Description

Address Ideongatan 1, Lund, SWE, SE-223 70
BioInvent International AB is a clinical-stage biotech company. It discovers and develops novel and first-in-class immuno-modulatory antibodies for cancer therapy, with currently four drug candidates in five ongoing clinical programs in Phase 1/2 trials for the treatment of hematological cancer and solid tumors, respectively. The company's validated, proprietary F.I.R.S.T technology platform identifies both targets and the antibodies that bind to them, generating many new drug candidates to fuel the company's clinical development pipeline and providing licensing and partnering opportunities. The company's pipeline portfolio comprises BI-1206, an antagonistic blocking antibody for the treatment of non-Hodgkin's lymphoma, and BI-1808 and BI-1910 (anti-TNFR2) for solid cancers.
39GF 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.

$3.29
Price
$7.07
GF Value