Ascendis Pharma AS (BSP:A1SN34) Cyclically Adjusted PB Ratio: 28.05 (As of Aug. 22, 2026) — Near Median

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BSP:A1SN34 Ascendis Pharma AS BSP:A1SN34
60 GF Score
Price R$85.00
! 3 Warning Signs
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What is Ascendis Pharma AS Cyclically Adjusted PB Ratio?

Ascendis Pharma AS BSP:A1SN34 60 Cyclically Adjusted PB Ratio is 28.05 as of Aug. 22, 2026, which is 0% below its 10-year median of 28.09. GuruFocus rates BSP:A1SN34 with a GF Score™ of 60/100. The stock has 3 warning signs investors should review. Among 687 Biotechnology companies, Ascendis Pharma AS ranks worse than 96.94% on this metric.

As of today (2026-08-22), Ascendis Pharma AS's current share price is R$85.00. Ascendis Pharma AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$3.03. Ascendis Pharma AS's Cyclically Adjusted PB Ratio for today is 28.05.

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

BSP:A1SN34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 24.93   Med: 28.09   Max: 30.89
Current: 28.05

During the past years, Ascendis Pharma AS's highest Cyclically Adjusted PB Ratio was 30.89. The lowest was 24.93. And the median was 28.09.

BSP:A1SN34's Cyclically Adjusted PB Ratio is ranked worse than
96.94% of 687 companies
in the Biotechnology industry
Industry Median: 1.62 vs BSP:A1SN34: 28.05

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.

Ascendis Pharma AS's adjusted book value per share data for the three months ended in Jun. 2026 was R$129.126. 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 R$3.03 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ascendis Pharma AS  (BSP:A1SN34) 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.


Ascendis Pharma AS Cyclically Adjusted PB Ratio Related Terms


Ascendis Pharma AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ascendis Pharma AS'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.

Ascendis Pharma AS Cyclically Adjusted PB Ratio Chart

Ascendis Pharma AS 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 0.00 0.00 0.00 0.00 0.00

Ascendis Pharma AS 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 0.00 0.00 0.00 0.00 29.53

BSP:A1SN34 vs BBIO, JAZZ, EXEL: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Ascendis Pharma AS'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.


Ascendis Pharma AS Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


BSP:A1SN34
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Ascendis Pharma AS BSP:A1SN34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascendis Pharma AS 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.

Ascendis Pharma AS's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.00/3.03
=28.05

* 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.

Ascendis Pharma AS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Ascendis Pharma AS'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)
=129.126/122.9700*122.9700
=129.126

Current CPI (Jun. 2026) = 122.9700.

Ascendis Pharma AS Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.776 100.200 13.225
201612 19.273 100.300 23.629
201703 15.933 101.200 19.360
201706 14.407 101.200 17.506
201709 20.754 101.800 25.070
201712 19.739 101.300 23.962
201803 33.827 101.700 40.902
201806 34.979 102.300 42.047
201809 34.698 102.400 41.668
201812 29.364 102.100 35.366
201903 66.276 102.900 79.203
201906 61.860 102.900 73.925
201909 62.810 102.900 75.061
201912 56.749 102.900 67.818
202003 61.752 103.300 73.511
202006 57.665 103.200 68.712
202009 113.308 103.500 134.623
202012 97.661 103.400 116.145
202103 100.052 104.300 117.962
202106 77.273 105.000 90.498
202109 108.488 105.800 126.094
202112 99.434 106.600 114.704
202203 66.079 109.900 73.938
202206 58.114 113.600 62.907
202209 41.109 116.400 43.429
202212 25.604 115.900 27.166
202303 16.587 117.300 17.389
202306 6.030 116.400 6.370
202309 -6.845 117.400 -7.170
202312 -13.751 116.700 -14.490
202403 -22.565 118.400 -23.436
202406 -32.465 118.500 -33.690
202409 -10.009 118.900 -10.352
202412 -11.284 118.900 -11.670
202503 -19.570 120.200 -20.021
202506 -19.814 120.700 -20.187
202509 -17.934 121.600 -18.136
202512 -16.946 121.200 -17.193
202603 47.753 121.680 48.259
202606 129.126 122.970 129.126

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 28.05 mean?
Ascendis Pharma AS (BSP:A1SN34) has a Cyclically Adjusted PB Ratio of 28.05 as of Aug. 22, 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 Ascendis Pharma AS and its competitors. This is near median its historical median of 28.09. Over the past decade, Ascendis Pharma AS's Cyclically Adjusted PB Ratio has ranged from 24.93 to 30.89. According to the industry distribution chart, Ascendis Pharma AS ranks #666 out of 687 companies in the Biotechnology industry, placing it in the top 96.9%.
Is Ascendis Pharma AS's Cyclically Adjusted PB Ratio too high?
Ascendis Pharma AS's current Cyclically Adjusted PB Ratio of 28.05 is near median its 10-year median of 28.09. Over the past 10 years, this metric has ranged from a low of 24.93 to a high of 30.89. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Ascendis Pharma AS's value of 28.05 is 1631.5% above this industry median. Based on the distribution chart, Ascendis Pharma AS ranks #666 out of 687 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Ascendis Pharma AS has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Ascendis Pharma AS's Cyclically Adjusted PB Ratio compare to BBIO and JAZZ?
According to the Biotechnology industry distribution chart, Ascendis Pharma AS ranks #666 out of 687 companies for Cyclically Adjusted PB Ratio. This places Ascendis Pharma AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Ascendis Pharma AS's value of 28.05 is 1631.5% above this benchmark. Historically, Ascendis Pharma AS's own Cyclically Adjusted PB Ratio has ranged from 24.93 to 30.89 over the past decade. While the company's 10-year median is 28.09 vs. the industry median of 1.62, Ascendis Pharma AS 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 687 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. Ascendis Pharma AS's current Cyclically Adjusted PB Ratio of 28.05 is 1631.5% 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 Ascendis Pharma AS 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. Ascendis Pharma AS's current Cyclically Adjusted PB Ratio is 28.05, which is near median its own 10-year median of 28.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascendis Pharma AS stock overvalued right now?
Ascendis Pharma AS (BSP:A1SN34) has a current Cyclically Adjusted PB Ratio of 28.05. The current Cyclically Adjusted PB Ratio is 28.05, which is near median its 10-year median of 28.09 and 1631.5% above the Biotechnology industry median of 1.62. Ascendis Pharma AS's overall GF Score™ is 60/100 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 Ascendis Pharma AS (BSP:A1SN34), the current Cyclically Adjusted PB Ratio is 28.05 as of Aug. 22, 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.

Ascendis Pharma AS Business Description

Other Exchanges ASND:USA
Address Tuborg Boulevard 12, Hellerup, DNK, 2900
Ascendis Pharma AS is a biopharmaceutical company that applies its TransCon technology platform to make a meaningful difference for patients. The firm's product pipeline includes Endocrinology and Oncology, which includes TransCon PTH, TransCon CNP, and others. It operates in the United States, Europe, and the rest of the world and derives the majority of its revenue from the United States.
60GF 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.

R$85.00
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