CASIF (CASI Pharmaceuticals) Cyclically Adjusted PB Ratio: 0.02 (As of Sep. 16, 2026) — 98% Below Median

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CASIF CASI Pharmaceuticals Inc CASIF
26 GF Score
Price $0.13
GF Value $1.02
Valuation Possible Value Trap
! 7 Warning Signs
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What is CASI Pharmaceuticals Cyclically Adjusted PB Ratio?

CASI Pharmaceuticals CASIF 26 Cyclically Adjusted PB Ratio is 0.02 as of Sep. 16, 2026, which is 98% below its 10-year median of 1.18. GuruFocus rates CASIF with a GF Score™ of 26/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 680 Biotechnology companies, CASI Pharmaceuticals ranks better than 96.18% on this metric.

As of today (2026-09-16), CASI Pharmaceuticals's current share price is $0.1288. CASI Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.59. CASI Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 0.02.

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

CASIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 1.18   Max: 8.74
Current: 0.03

During the past years, CASI Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 8.74. The lowest was 0.02. And the median was 1.18.

CASIF's Cyclically Adjusted PB Ratio is ranked better than
96.18% of 680 companies
in the Biotechnology industry
Industry Median: 1.575 vs CASIF: 0.03

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.

CASI Pharmaceuticals's adjusted book value per share data for the three months ended in Jun. 2026 was $-2.835. 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 $5.59 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CASI Pharmaceuticals  (OTCPK:CASIF) 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.


CASI Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


CASI Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CASI Pharmaceuticals'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.

CASI Pharmaceuticals Cyclically Adjusted PB Ratio Chart

CASI Pharmaceuticals 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 1.42 0.31 1.35 0.53 0.16

CASI Pharmaceuticals Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.98 0.50 0.21 0.15 0.03

CASIF vs CMND, VBIO, BIXT: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, CASI Pharmaceuticals'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.


CASI Pharmaceuticals Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


CASIF
26GF Score
CASI Pharmaceuticals Inc CASIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CASI Pharmaceuticals 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.

CASI Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1288/5.593
=0.02

* 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.

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

For example, CASI Pharmaceuticals'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)
=-2.835/116.0564*116.0564
=-2.835

Current CPI (Jun. 2026) = 116.0564.

CASI Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
200612 17.638 77.793 26.313
200706 -1.620 79.357 -2.369
200712 -8.561 82.911 -11.983
200806 -27.781 85.058 -37.906
200812 -34.624 83.956 -47.863
200906 -42.503 83.615 -58.993
200912 -44.385 85.386 -60.328
201006 -33.109 85.886 -44.739
201012 -24.625 89.289 -32.007
201106 -26.394 91.612 -33.437
201112 -25.306 92.885 -31.619
201206 4.128 93.495 5.124
201212 3.660 95.237 4.460
201306 6.213 95.984 7.512
201312 5.526 97.624 6.569
201406 4.697 98.200 5.551
201412 -0.130 99.000 -0.152
201506 -1.063 99.500 -1.240
201512 -1.876 100.600 -2.164
201606 2.111 101.400 2.416
201612 3.453 102.600 3.906
201706 2.828 103.100 3.183
201712 5.520 104.500 6.130
201806 9.653 104.900 10.680
201812 11.488 106.500 12.519
201906 11.416 107.700 12.302
201912 9.580 111.200 9.998
202006 8.364 110.400 8.793
202012 8.356 111.500 8.697
202106 8.405 111.769 8.727
202112 7.723 113.108 7.924
202206 6.586 114.558 6.672
202212 4.974 115.116 5.015
202306 4.042 114.558 4.095
202312 1.806 114.781 1.826
202406 0.824 114.781 0.833
202412 0.119 114.893 0.120
202506 -1.311 114.907 -1.324
202512 -1.814 115.832 -1.818
202606 -2.835 116.056 -2.835

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 0.02 mean?
CASI Pharmaceuticals (CASIF) has a Cyclically Adjusted PB Ratio of 0.02 as of Sep. 16, 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 CASI Pharmaceuticals and its competitors. This is 98% below median its historical median of 1.18. Over the past decade, CASI Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 0.02 to 8.74. According to the industry distribution chart, CASI Pharmaceuticals ranks #26 out of 680 companies in the Biotechnology industry, placing it in the top 3.8%.
Is CASI Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
CASI Pharmaceuticals' current Cyclically Adjusted PB Ratio of 0.02 is 98% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 8.74. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. CASI Pharmaceuticals' value of 0.02 is 98.7% below this industry median. Based on the distribution chart, CASI Pharmaceuticals ranks #26 out of 680 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, CASI Pharmaceuticals has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CASI Pharmaceuticals' Cyclically Adjusted PB Ratio compare to CMND and VBIO?
According to the Biotechnology industry distribution chart, CASI Pharmaceuticals ranks #26 out of 680 companies for Cyclically Adjusted PB Ratio. This places CASI Pharmaceuticals in the top 4% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.58. CASI Pharmaceuticals' value of 0.02 is 98.7% below this benchmark. Historically, CASI Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 0.02 to 8.74 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.58, CASI Pharmaceuticals 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 680 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. CASI Pharmaceuticals's current Cyclically Adjusted PB Ratio of 0.02 is 98.7% 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 CASI Pharmaceuticals 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. CASI Pharmaceuticals's current Cyclically Adjusted PB Ratio is 0.02, which is 98% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CASI Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, CASI Pharmaceuticals (CASIF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.13 — trading 87.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.02, which is 98% below median its 10-year median of 1.18 and 98.7% below the Biotechnology industry median of 1.58. CASI Pharmaceuticals' overall GF Score™ is 26/100 with 7 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 CASI Pharmaceuticals (CASIF), the current Cyclically Adjusted PB Ratio is 0.02 as of Sep. 16, 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 CASI Pharmaceuticals (CASIF) Overvalued in 2026?

Based on GuruFocus' analysis, CASI Pharmaceuticals stock appears to be undervalued. The current stock price of $0.13 is trading 87.4% below its estimated GF Value™ of $1.02. GuruFocus considers CASI Pharmaceuticals to be Possible Value Trap.

Key valuation signals for CASIF:

  • Cyclically Adjusted PB Ratio: 0.02 (98% below median its 10-year median of 1.18)
  • GF Value™: $1.02 vs. price of $0.13 (87.4% below fair value)
  • GF Score™: 26/100 with 7 warning signs
  • Industry Position: 98.7% below the Biotechnology median (#26 of 680)

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


CASI Pharmaceuticals Business Description

Address Jianguo Road, No. 81, Room 1701-1702, China Central Office Tower 1, Huamao Office Building, Chaoyang District, Beijing, CHN, 100025
CASI Pharmaceuticals Inc is a clinical-stage biopharmaceutical company developing CID-103, an anti-CD38 monoclonal antibody, for patients with organ transplant rejection and autoimmune diseases. Additionally, the company manages its other assets, including EVOMELA, FOLOTYN, CNCT19, BI-1206, and CB-5339, with a primary strategic emphasis on advancing CID-103 toward key clinical and regulatory milestones. It also distributes YuTuo (Zimberelimab), a fully human anti-PD-1 monoclonal antibody for patients with relapsed or refractory classical Hodgkin's lymphoma and recurrent or metastatic cervical cancer. Geographically, the company's revenue is solely generated in Mainland China.
26GF 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.

$0.13
Price
$1.02
GF Value