CUE (Cue Biopharma) Cyclically Adjusted PB Ratio: 0.63 (As of Jul. 17, 2026) — 24% Above Median

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CUE Cue Biopharma Inc CUE
59 GF Score
Price $31.16
GF Value $62.83
Valuation Possible Value Trap
! 3 Warning Signs
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What is Cue Biopharma Cyclically Adjusted PB Ratio?

Cue Biopharma CUE +12.57% 59 Cyclically Adjusted PB Ratio is 0.63 as of Jul. 17, 2026, which is 24% above its 10-year median of 0.51. GuruFocus rates CUE with a GF Score™ of 59/100 and a GF Value™ of $62.83 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 697 Biotechnology companies, Cue Biopharma ranks better than 73.17% on this metric.

As of today (2026-07-17), Cue Biopharma's current share price is $31.16. Cue Biopharma's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $49.40. Cue Biopharma's Cyclically Adjusted PB Ratio for today is 0.63.

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

CUE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.51   Max: 0.74
Current: 0.56

During the past years, Cue Biopharma's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.11. And the median was 0.51.

CUE's Cyclically Adjusted PB Ratio is ranked better than
73.17% of 697 companies
in the Biotechnology industry
Industry Median: 1.63 vs CUE: 0.56

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.

Cue Biopharma's adjusted book value per share data for the three months ended in Mar. 2026 was $6.638. 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 $49.40 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cue Biopharma  (NAS:CUE) 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.


Cue Biopharma Cyclically Adjusted PB Ratio Related Terms


Cue Biopharma Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cue Biopharma'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.

Cue Biopharma Cyclically Adjusted PB Ratio Chart

Cue Biopharma 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

Cue Biopharma 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 0.00 0.00 0.00 0.00 0.14

CUE vs ALPS, AARD, KLRS: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Cue Biopharma'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.


Cue Biopharma Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


CUE
59GF Score
Cue Biopharma Inc CUE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cue Biopharma 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.

Cue Biopharma's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.16/49.40
=0.63

* 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.

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

For example, Cue Biopharma'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)
=6.638/330.2130*330.2130
=6.638

Current CPI (Mar. 2026) = 330.2130.

Cue Biopharma Quarterly Data

Book Value per Share CPI Adj_Book
201512 10.084 236.525 14.078
201609 0.000 241.428 0.000
201612 22.057 241.432 30.168
201703 0.000 243.801 0.000
201706 12.590 244.955 16.972
201709 6.368 246.819 8.520
201712 89.545 246.524 119.943
201803 82.328 249.554 108.937
201806 73.371 251.989 96.147
201809 58.724 252.439 76.816
201812 49.233 251.233 64.710
201903 35.697 254.202 46.371
201906 28.565 256.143 36.825
201909 35.277 256.759 45.369
201912 61.677 256.974 79.255
202003 51.056 258.115 65.317
202006 82.041 257.797 105.087
202009 86.858 260.280 110.195
202012 77.975 260.474 98.852
202103 68.504 264.877 85.402
202106 69.504 271.696 84.474
202109 60.266 274.310 72.548
202112 61.036 278.802 72.291
202203 56.781 287.504 65.216
202206 50.684 296.311 56.483
202209 43.020 296.808 47.862
202212 45.771 296.797 50.924
202303 38.233 301.836 41.827
202306 31.553 305.109 34.149
202309 28.368 307.789 30.435
202312 23.561 306.746 25.363
202403 18.531 312.332 19.592
202406 13.339 314.175 14.020
202409 12.639 315.301 13.237
202412 8.491 315.605 8.884
202503 3.193 319.799 3.297
202506 7.127 322.561 7.296
202509 5.108 324.800 5.193
202512 8.206 324.054 8.362
202603 6.638 330.213 6.638

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 0.63 mean?
Cue Biopharma (CUE) has a Cyclically Adjusted PB Ratio of 0.63 as of Jul. 17, 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 Cue Biopharma and its competitors. This is 24% above median its historical median of 0.51. Over the past decade, Cue Biopharma's Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.74. According to the industry distribution chart, Cue Biopharma ranks #187 out of 697 companies in the Biotechnology industry, placing it in the top 26.8%.
Is Cue Biopharma's Cyclically Adjusted PB Ratio too high?
Cue Biopharma's current Cyclically Adjusted PB Ratio of 0.63 is 24% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.74. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. Cue Biopharma's value of 0.63 is 61.3% below this industry median. Based on the distribution chart, Cue Biopharma ranks #187 out of 697 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Cue Biopharma has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cue Biopharma's Cyclically Adjusted PB Ratio compare to ALPS and AARD?
According to the Biotechnology industry distribution chart, Cue Biopharma ranks #187 out of 697 companies for Cyclically Adjusted PB Ratio. This puts Cue Biopharma in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Cue Biopharma's value of 0.63 is 61.3% below this benchmark. Historically, Cue Biopharma's own Cyclically Adjusted PB Ratio has ranged from 0.11 to 0.74 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 1.63, Cue Biopharma 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 1.63, 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. Cue Biopharma's current Cyclically Adjusted PB Ratio of 0.63 is 61.3% 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 Cue Biopharma and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cue Biopharma's current Cyclically Adjusted PB Ratio is 0.63, which is 24% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cue Biopharma stock overvalued right now?
Based on GuruFocus' analysis, Cue Biopharma (CUE) is currently considered Possible Value Trap. The stock's GF Value™ is $62.83, compared to a current price of $31.16 — trading 50.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63, which is 24% above median its 10-year median of 0.51 and 61.3% below the Biotechnology industry median of 1.63. Cue Biopharma's overall GF Score™ is 59/100 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 Cue Biopharma (CUE), the current Cyclically Adjusted PB Ratio is 0.63 as of Jul. 17, 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 Cue Biopharma (CUE) Overvalued in 2026?

Based on GuruFocus' analysis, Cue Biopharma stock appears to be undervalued. The current stock price of $31.16 is trading 50.4% below its estimated GF Value™ of $62.83. GuruFocus considers Cue Biopharma to be Possible Value Trap.

Key valuation signals for CUE:

  • Cyclically Adjusted PB Ratio: 0.63 (24% above median its 10-year median of 0.51)
  • GF Value™: $62.83 vs. price of $31.16 (50.4% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 61.3% below the Biotechnology median (#187 of 697)

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


Cue Biopharma Business Description

Other Exchanges 1UC0:Germany
Address 40 Guest Street, Boston, MA, USA, 02135
Cue Biopharma Inc is a clinical-stage therapeutics company focused on advancing a robust portfolio of potentially transformative therapies aimed at enabling functional cures across immunological disorders. Its product pipeline includes CUE-221, an anti-IgE antibody candidate being developed for allergic diseases. The company has also developed the Immuno-STAT platform for targeting disease-related T cells and is developing CUE-401, an IL-2 and TGF-B therapeutic candidate for autoimmune diseases.
59GF 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.

$31.16
Price
$62.83
GF Value