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Dare BioscienceDARE +1.29%23 Cyclically Adjusted PB Ratio is 0.15 as of Jul. 18, 2026, which is 67% above its 10-year median of 0.09. GuruFocus rates DARE with a GF Score™ of 23/100. The stock has 4 warning signs investors should review. Among 697 Biotechnology companies, Dare Bioscience ranks better than 86.08% on this metric.
The historical rank and industry rank for Dare Bioscience's Cyclically Adjusted PB Ratio or its related term are showing as below:
DARE'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.09 Max: 0.5
Current: 0.15
During the past years, Dare Bioscience's highest Cyclically Adjusted PB Ratio was 0.50. The lowest was 0.04. And the median was 0.09.
DARE's Cyclically Adjusted PB Ratio is ranked better than 86.08% of 697
companies
in the Biotechnology industry
Industry Median: 1.63
vs DARE: 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.
Dare Bioscience's adjusted book value per share data for the three months ended in Mar. 2026 was $0.050. 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 $12.83 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Dare Bioscience (NAS:DARE) 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.
Dare Bioscience Cyclically Adjusted PB Ratio Related Terms
Dare Bioscience Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Dare Bioscience'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.
Dare Bioscience Cyclically Adjusted PB Ratio Chart
DARE vs ATNM, NNVC, LSTA: Cyclically Adjusted PB Ratio Comparison
For the Biotechnology subindustry, Dare Bioscience'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.
Dare Bioscience Cyclically Adjusted PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Dare Bioscience's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Dare Bioscience's Cyclically Adjusted PB Ratio falls into.
Dare Bioscience 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.
Dare Bioscience's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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?
Dare Bioscience (DARE) has a Cyclically Adjusted PB Ratio of 0.15 as of Jul. 18, 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 Dare Bioscience and its competitors. This is 67% above median its historical median of 0.09. Over the past decade, Dare Bioscience's Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.50. According to the industry distribution chart, Dare Bioscience ranks #97 out of 697 companies in the Biotechnology industry, placing it in the top 13.9%.
Is Dare Bioscience's Cyclically Adjusted PB Ratio too high?
Dare Bioscience's current Cyclically Adjusted PB Ratio of 0.15 is 67% above median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.50. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. Dare Bioscience's value of 0.15 is 90.8% below this industry median. Based on the distribution chart, Dare Bioscience ranks #97 out of 697 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Dare Bioscience has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Dare Bioscience's Cyclically Adjusted PB Ratio compare to ATNM and NNVC?
According to the Biotechnology industry distribution chart, Dare Bioscience ranks #97 out of 697 companies for Cyclically Adjusted PB Ratio. This places Dare Bioscience in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.63. Dare Bioscience's value of 0.15 is 90.8% below this benchmark. Historically, Dare Bioscience's own Cyclically Adjusted PB Ratio has ranged from 0.04 to 0.50 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 1.63, Dare Bioscience 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. Dare Bioscience's current Cyclically Adjusted PB Ratio of 0.15 is 90.8% 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 Dare Bioscience 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. Dare Bioscience's current Cyclically Adjusted PB Ratio is 0.15, which is 67% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dare Bioscience stock overvalued right now?
Dare Bioscience (DARE) has a current Cyclically Adjusted PB Ratio of 0.15. The current Cyclically Adjusted PB Ratio is 0.15, which is 67% above median its 10-year median of 0.09 and 90.8% below the Biotechnology industry median of 1.63. Dare Bioscience's overall GF Score™ is 23/100 with 4 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 Dare Bioscience (DARE), the current Cyclically Adjusted PB Ratio is 0.15 as of Jul. 18, 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.
Dare Bioscience Inc is a biopharmaceutical company committed to advancing products for women's health. The company identifies, develops, and brings to market a diverse portfolio of differentiated therapies that prioritize women's health and well-being, expand treatment options, and improve outcomes, in the areas of contraception, fertility, and vaginal and sexual health. The company's first product, XACIATO is a single-dose vaginal gel prescription product for the treatment of bacterial vaginosis in females 12 years of age and older. The company's portfolio includes two product candidates in clinical development namely, Ovaprene and Sildenafil Cream. It has one operating segment, women's health.
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