BYSI (BeyondSpring) Cyclically Adjusted PB Ratio: 2.74 (As of Jul. 21, 2026)

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BYSI BeyondSpring Inc BYSI
25 GF Score
Price $1.26
! 1 Warning Sign
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What is BeyondSpring Cyclically Adjusted PB Ratio?

BeyondSpring BYSI +0.81% 25 Cyclically Adjusted PB Ratio is 2.74 as of Jul. 21, 2026. GuruFocus rates BYSI with a GF Score™ of 25/100. The stock has 1 warning sign investors should review. Among 698 Biotechnology companies, BeyondSpring ranks worse than 64.47% on this metric.

As of today (2026-07-21), BeyondSpring's current share price is $1.26. BeyondSpring's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was $0.46. BeyondSpring's Cyclically Adjusted PB Ratio for today is 2.74.

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

BYSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.71
Current: 2.71

During the past 12 years, BeyondSpring's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 0.00. And the median was 0.00.

BYSI's Cyclically Adjusted PB Ratio is ranked worse than
64.47% of 698 companies
in the Biotechnology industry
Industry Median: 1.59 vs BYSI: 2.71

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.

BeyondSpring's adjusted book value per share data of for the fiscal year that ended in Dec25 was $-0.782. 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 $0.46 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


BeyondSpring  (NAS:BYSI) 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.


BeyondSpring Cyclically Adjusted PB Ratio Related Terms


BeyondSpring Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BeyondSpring'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.

BeyondSpring Cyclically Adjusted PB Ratio Chart

BeyondSpring 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 1.55 2.75 3.56

BeyondSpring Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 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 0.00 0.00 0.00 3.56 0.00

BYSI vs PLRX, MCRB, XBIT: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, BeyondSpring'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.


BeyondSpring Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


BYSI
25GF Score
BeyondSpring Inc BYSI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BeyondSpring 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.26/0.46
=2.74

* 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.

BeyondSpring's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, BeyondSpring's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=-0.782/324.0540*324.0540
=-0.782

Current CPI (Dec25) = 324.0540.

BeyondSpring Annual Data

Book Value per Share CPI Adj_Book
201612 0.720 241.432 0.966
201712 1.202 246.524 1.580
201812 -0.335 251.233 -0.432
201912 1.086 256.974 1.369
202012 2.257 260.474 2.808
202112 0.685 278.802 0.796
202212 -0.153 296.797 -0.167
202312 -0.687 306.746 -0.726
202412 -0.816 315.605 -0.838
202512 -0.782 324.054 -0.782

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 2.74 mean?
BeyondSpring (BYSI) has a Cyclically Adjusted PB Ratio of 2.74 as of Jul. 21, 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 BeyondSpring and its competitors. According to the industry distribution chart, BeyondSpring ranks #450 out of 698 companies in the Biotechnology industry, placing it in the top 64.5%.
Is BeyondSpring's Cyclically Adjusted PB Ratio too high?
BeyondSpring's current Cyclically Adjusted PB Ratio is 2.74. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.59. BeyondSpring's value of 2.74 is 72.3% above this industry median. Based on the distribution chart, BeyondSpring ranks #450 out of 698 companies in the Biotechnology industry, which is below the industry midpoint. Overall, BeyondSpring has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does BeyondSpring's Cyclically Adjusted PB Ratio compare to PLRX and MCRB?
According to the Biotechnology industry distribution chart, BeyondSpring ranks #450 out of 698 companies for Cyclically Adjusted PB Ratio. This places BeyondSpring in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.59. BeyondSpring's value of 2.74 is 72.3% above this benchmark. 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 1.59, 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. BeyondSpring's current Cyclically Adjusted PB Ratio of 2.74 is 72.3% 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 BeyondSpring and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BeyondSpring's current Cyclically Adjusted PB Ratio is 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BeyondSpring stock overvalued right now?
BeyondSpring (BYSI) has a current Cyclically Adjusted PB Ratio of 2.74. The current Cyclically Adjusted PB Ratio is 2.74 and 72.3% above the Biotechnology industry median of 1.59. BeyondSpring'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 BeyondSpring (BYSI), the current Cyclically Adjusted PB Ratio is 2.74 as of Jul. 21, 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.

BeyondSpring Business Description

Address 100 Campus Drive, West Side, 4th Floor, Suite 410, Florham Park, New Jersey, NJ, USA, 07932
BeyondSpring Inc is engaged in clinical-stage biopharmaceutical activities focused on the development of cancer therapies. It is also focused on including immuno-oncology agents. It operates in Plinabulin pipeline segment. Its first asset, Plinabulin is a novel brain-penetrant microtubule modulator with dendritic cell maturation and vasculature modulation mechanism, which has the potential to help mitigate acquired resistance from prior immune checkpoint inhibitors (ICI) treatment in cancer patients. It is a Selective Immunomodulating Microtubule-Binding Agent (SIMBA), which may provide multiple therapeutic opportunities.
25GF 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.

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