CRMD (Cormedix) Cyclically Adjusted PB Ratio: 4.13 (As of Aug. 09, 2026) — Near Median

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CRMD Cormedix Inc CRMD
33 GF Score
Price $7.43
! 6 Warning Signs
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What is Cormedix Cyclically Adjusted PB Ratio?

Cormedix CRMD -0.73% 33 Cyclically Adjusted PB Ratio is 4.13 as of Aug. 09, 2026, which is at its 10-year median of 4.13. GuruFocus rates CRMD with a GF Score™ of 33/100. The stock has 6 warning signs investors should review. Among 697 Biotechnology companies, Cormedix ranks worse than 72.6% on this metric.

As of today (2026-08-09), Cormedix's current share price is $7.43. Cormedix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.80. Cormedix's Cyclically Adjusted PB Ratio for today is 4.13.

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

CRMD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.73   Med: 4.13   Max: 15.29
Current: 4.12

During the past years, Cormedix's highest Cyclically Adjusted PB Ratio was 15.29. The lowest was 1.73. And the median was 4.13.

CRMD's Cyclically Adjusted PB Ratio is ranked worse than
72.6% of 697 companies
in the Biotechnology industry
Industry Median: 1.6 vs CRMD: 4.12

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.

Cormedix's adjusted book value per share data for the three months ended in Mar. 2026 was $5.575. 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 $1.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cormedix  (NAS:CRMD) 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.


Cormedix Cyclically Adjusted PB Ratio Related Terms


Cormedix Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cormedix'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.

Cormedix Cyclically Adjusted PB Ratio Chart

Cormedix 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 3.56 2.80 2.09 4.20 6.54

Cormedix 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 3.16 6.63 6.41 6.54 3.76

CRMD vs AGMB, RGNX, MDXG: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Cormedix'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.


Cormedix Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


CRMD
33GF Score
Cormedix Inc CRMD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cormedix 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.43/1.80
=4.13

* 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.

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

For example, Cormedix'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)
=5.575/330.2130*330.2130
=5.575

Current CPI (Mar. 2026) = 330.2130.

Cormedix Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.763 241.018 5.156
201609 2.943 241.428 4.025
201612 2.203 241.432 3.013
201703 1.356 243.801 1.837
201706 1.295 244.955 1.746
201709 0.781 246.819 1.045
201712 0.504 246.524 0.675
201803 0.051 249.554 0.067
201806 -0.381 251.989 -0.499
201809 -0.481 252.439 -0.629
201812 0.227 251.233 0.298
201903 0.695 254.202 0.903
201906 0.692 256.143 0.892
201909 1.119 256.759 1.439
201912 0.921 256.974 1.183
202003 0.826 258.115 1.057
202006 0.709 257.797 0.908
202009 1.100 260.280 1.396
202012 1.318 260.474 1.671
202103 2.111 264.877 2.632
202106 2.018 271.696 2.453
202109 1.821 274.310 2.192
202112 1.649 278.802 1.953
202203 1.546 287.504 1.776
202206 1.502 296.311 1.674
202209 1.367 296.808 1.521
202212 1.286 296.797 1.431
202303 1.212 301.836 1.326
202306 1.071 305.109 1.159
202309 1.518 307.789 1.629
202312 1.277 306.746 1.375
202403 1.056 312.332 1.116
202406 0.836 314.175 0.879
202409 1.014 315.301 1.062
202412 1.314 315.605 1.375
202503 1.697 319.799 1.752
202506 2.957 322.561 3.027
202509 4.775 324.800 4.855
202512 5.114 324.054 5.211
202603 5.575 330.213 5.575

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 4.13 mean?
Cormedix (CRMD) has a Cyclically Adjusted PB Ratio of 4.13 as of Aug. 09, 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 Cormedix and its competitors. This is near median its historical median of 4.13. Over the past decade, Cormedix's Cyclically Adjusted PB Ratio has ranged from 1.73 to 15.29. According to the industry distribution chart, Cormedix ranks #506 out of 697 companies in the Biotechnology industry, placing it in the top 72.6%.
Is Cormedix's Cyclically Adjusted PB Ratio too high?
Cormedix's current Cyclically Adjusted PB Ratio of 4.13 is near median its 10-year median of 4.13. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 15.29. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.60. Cormedix's value of 4.13 is 158.1% above this industry median. Based on the distribution chart, Cormedix ranks #506 out of 697 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Cormedix has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Cormedix's Cyclically Adjusted PB Ratio compare to AGMB and RGNX?
According to the Biotechnology industry distribution chart, Cormedix ranks #506 out of 697 companies for Cyclically Adjusted PB Ratio. This places Cormedix in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.60. Cormedix's value of 4.13 is 158.1% above this benchmark. Historically, Cormedix's own Cyclically Adjusted PB Ratio has ranged from 1.73 to 15.29 over the past decade. While the company's 10-year median is 4.13 vs. the industry median of 1.60, Cormedix 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 1.60, 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. Cormedix's current Cyclically Adjusted PB Ratio of 4.13 is 158.1% 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 Cormedix and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cormedix's current Cyclically Adjusted PB Ratio is 4.13, which is near median its own 10-year median of 4.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cormedix stock overvalued right now?
Cormedix (CRMD) has a current Cyclically Adjusted PB Ratio of 4.13. The current Cyclically Adjusted PB Ratio is 4.13, which is near median its 10-year median of 4.13 and 158.1% above the Biotechnology industry median of 1.60. Cormedix's overall GF Score™ is 33/100 with 6 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 Cormedix (CRMD), the current Cyclically Adjusted PB Ratio is 4.13 as of Aug. 09, 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.

Cormedix Business Description

Other Exchanges 19KA:Germany
Address 389 Interpace Parkway, Suite 450, Parsippany, NJ, USA, 07054
Cormedix Inc is a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions. The Company's focus is on the commercialization of its product, DefenCath, in the United States and other key markets. The group currently operates in a single segment, Drug Product, located in a single geographic location, the United States.
33GF 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.

$7.43
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