CYPH (Cypherpunk Technologies) Cyclically Adjusted PB Ratio: 0.15 (As of Jul. 26, 2026) — 35% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CYPH Cypherpunk Technologies Inc CYPH
34 GF Score
Price $0.62
! 3 Warning Signs
View Full Analysis

What is Cypherpunk Technologies Cyclically Adjusted PB Ratio?

Cypherpunk Technologies CYPH -6.82% 34 Cyclically Adjusted PB Ratio is 0.15 as of Jul. 26, 2026, which is 35% below its 10-year median of 0.23. GuruFocus rates CYPH with a GF Scoreâ„¢ of 34/100. The stock has 3 warning signs investors should review. Among 1,002 Asset Management companies, Cypherpunk Technologies ranks better than 94.61% on this metric.

As of today (2026-07-26), Cypherpunk Technologies's current share price is $0.6201. Cypherpunk Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $4.25. Cypherpunk Technologies's Cyclically Adjusted PB Ratio for today is 0.15.

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

CYPH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.23   Max: 0.9
Current: 0.15

During the past years, Cypherpunk Technologies's highest Cyclically Adjusted PB Ratio was 0.90. The lowest was 0.03. And the median was 0.23.

CYPH's Cyclically Adjusted PB Ratio is ranked better than
94.61% of 1002 companies
in the Asset Management industry
Industry Median: 0.84 vs CYPH: 0.15

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.

Cypherpunk Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was $0.898. 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 $4.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cypherpunk Technologies  (NAS:CYPH) 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.


Cypherpunk Technologies Cyclically Adjusted PB Ratio Related Terms


Cypherpunk Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cypherpunk Technologies'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.

Cypherpunk Technologies Cyclically Adjusted PB Ratio Chart

Cypherpunk Technologies 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 0.47 0.46 0.42 0.27

Cypherpunk Technologies 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 0.05 0.06 0.09 0.27 0.19

CYPH vs VLT, PGZ, PCM: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Cypherpunk Technologies'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.


Cypherpunk Technologies Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Cypherpunk Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CYPH
34GF Score
Cypherpunk Technologies Inc CYPH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cypherpunk Technologies 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.

Cypherpunk Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.6201/4.25
=0.15

* 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.

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

For example, Cypherpunk Technologies'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)
=0.898/330.2130*330.2130
=0.898

Current CPI (Mar. 2026) = 330.2130.

Cypherpunk Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.665 241.018 20.092
201609 0.000 241.428 0.000
201612 -106.742 241.432 -145.994
201703 25.737 243.801 34.859
201706 19.522 244.955 26.317
201709 12.324 246.819 16.488
201712 9.002 246.524 12.058
201803 11.123 249.554 14.718
201806 8.255 251.989 10.818
201809 4.509 252.439 5.898
201812 6.241 251.233 8.203
201903 7.666 254.202 9.958
201906 4.766 256.143 6.144
201909 2.299 256.759 2.957
201912 -0.723 256.974 -0.929
202003 5.018 258.115 6.420
202006 10.012 257.797 12.824
202009 8.907 260.280 11.300
202012 7.819 260.474 9.912
202103 6.432 264.877 8.019
202106 5.008 271.696 6.087
202109 13.299 274.310 16.009
202112 12.215 278.802 14.467
202203 11.159 287.504 12.817
202206 9.434 296.311 10.513
202209 7.077 296.808 7.873
202212 5.945 296.797 6.614
202303 2.372 301.836 2.595
202306 3.288 305.109 3.559
202309 2.817 307.789 3.022
202312 2.352 306.746 2.532
202403 1.850 312.332 1.956
202406 1.719 314.175 1.807
202409 1.279 315.301 1.339
202412 0.914 315.605 0.956
202503 0.503 319.799 0.519
202506 0.138 322.561 0.141
202509 0.065 324.800 0.066
202512 1.831 324.054 1.866
202603 0.898 330.213 0.898

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 0.15 mean?
Cypherpunk Technologies (CYPH) has a Cyclically Adjusted PB Ratio of 0.15 as of Jul. 26, 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 Cypherpunk Technologies and its competitors. This is 35% below median its historical median of 0.23. Over the past decade, Cypherpunk Technologies' Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.90. According to the industry distribution chart, Cypherpunk Technologies ranks #54 out of 1002 companies in the Asset Management industry, placing it in the top 5.4%.
Is Cypherpunk Technologies' Cyclically Adjusted PB Ratio too high?
Cypherpunk Technologies' current Cyclically Adjusted PB Ratio of 0.15 is 35% below median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.90. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.84. Cypherpunk Technologies' value of 0.15 is 82.1% below this industry median. Based on the distribution chart, Cypherpunk Technologies ranks #54 out of 1002 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Cypherpunk Technologies has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Cypherpunk Technologies' Cyclically Adjusted PB Ratio compare to VLT and PGZ?
According to the Asset Management industry distribution chart, Cypherpunk Technologies ranks #54 out of 1002 companies for Cyclically Adjusted PB Ratio. This places Cypherpunk Technologies in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.84. Cypherpunk Technologies' value of 0.15 is 82.1% below this benchmark. Historically, Cypherpunk Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.03 to 0.90 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.84, Cypherpunk Technologies 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.84, based on 1,002 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. Cypherpunk Technologies's current Cyclically Adjusted PB Ratio of 0.15 is 82.1% 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 Cypherpunk Technologies and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cypherpunk Technologies's current Cyclically Adjusted PB Ratio is 0.15, which is 35% below median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cypherpunk Technologies stock overvalued right now?
Cypherpunk Technologies (CYPH) has a current Cyclically Adjusted PB Ratio of 0.15. The current Cyclically Adjusted PB Ratio is 0.15, which is 35% below median its 10-year median of 0.23 and 82.1% below the Asset Management industry median of 0.84. Cypherpunk Technologies' overall GF Score™ is 34/100 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 Cypherpunk Technologies (CYPH), the current Cyclically Adjusted PB Ratio is 0.15 as of Jul. 26, 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.

Cypherpunk Technologies Business Description

Other Exchanges 5MC:Germany
Address 47 Thorndike Street, Suite B1-1, Cambridge, MA, USA, 02141
Cypherpunk Technologies Inc is a privacy technology company focused on implementing a digital asset treasury business anchored by Zcash, which is a cryptographic digital asset that operates on a decentralized, open-source blockchain network known as the Zcash Network. Through its subsidiary, the company is also engaged in developing novel therapies for patients with cancer. The group holds Zcash as part of its digital treasury business and has the following drug candidates under development in its biopharma business: Sirexatamab (DKN-01), a monoclonal antibody that inhibits Dickkopf-related protein 1, or DKK1; and a preclinical antibody program, FL-501, that is designed to treat cachexia-related indications.
34GF Score

Get the complete analysis for CYPH

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.62
Price