DBVT (DBV Technologies) Cyclically Adjusted PB Ratio: 0.74 (As of Jul. 09, 2026)


DBVT DBV Technologies SA DBVT
31 GF Score
Price $16.08
! 1 Warning Sign
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What is DBV Technologies Cyclically Adjusted PB Ratio?

DBV Technologies DBVT -4.17% 31 Cyclically Adjusted PB Ratio is 0.74 as of Jul. 09, 2026. GuruFocus rates DBVT with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 699 Biotechnology companies, DBV Technologies ranks better than 67.38% on this metric.

As of today (2026-07-09), DBV Technologies's current share price is $16.08. DBV Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $21.73. DBV Technologies's Cyclically Adjusted PB Ratio for today is 0.74.

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

DBVT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.76
Current: 0.76

During the past years, DBV Technologies's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.00. And the median was 0.00.

DBVT's Cyclically Adjusted PB Ratio is ranked better than
67.38% of 699 companies
in the Biotechnology industry
Industry Median: 1.66 vs DBVT: 0.76

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.

DBV Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was $3.515. 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 $21.73 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DBV Technologies  (NAS:DBVT) 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.


DBV Technologies Cyclically Adjusted PB Ratio Related Terms


DBV Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for DBV 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.

DBV Technologies Cyclically Adjusted PB Ratio Chart

DBV 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 0.00 0.00 0.00 0.89

DBV 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 0.28 0.40 0.43 0.89 0.96

DBVT vs VRTX, REGN, ALNY: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, DBV 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.


DBV Technologies Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


DBVT
31GF Score
DBV Technologies SA DBVT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DBV 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.08/21.73
=0.74

* 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.

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

For example, DBV 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)
=3.515/122.4300*122.4300
=3.515

Current CPI (Mar. 2026) = 122.4300.

DBV Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201312 18.482 99.800 22.673
201406 13.914 100.180 17.004
201412 36.634 99.860 44.914
201506 30.133 100.440 36.730
201512 72.739 100.040 89.019
201606 66.747 100.630 81.207
201612 51.817 100.650 63.030
201706 44.378 101.320 53.624
201712 31.193 101.850 37.496
201806 39.515 103.370 46.801
201809 0.000 103.560 0.000
201812 23.035 103.470 27.256
201906 18.306 104.580 21.431
201909 13.001 104.500 15.232
201912 20.539 104.980 23.953
202003 0.000 104.590 0.000
202006 22.980 104.790 26.848
202009 0.000 104.550 0.000
202012 18.741 104.960 21.860
202103 15.415 105.750 17.846
202106 13.017 106.340 14.987
202109 10.639 106.810 12.195
202112 9.035 107.850 10.256
202203 7.467 110.490 8.274
202206 13.013 112.550 14.155
202209 11.293 112.740 12.264
202212 10.345 114.160 11.094
202303 9.527 116.790 9.987
202306 8.545 117.650 8.892
202309 7.493 118.260 7.757
202312 7.285 118.390 7.534
202403 5.805 119.470 5.949
202406 4.111 120.200 4.187
202409 2.808 119.560 2.875
202412 1.335 119.950 1.363
202503 0.140 120.380 0.142
202506 3.152 121.360 3.180
202509 1.932 120.950 1.956
202512 3.582 120.900 3.627
202603 3.515 122.430 3.515

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 0.74 mean?
DBV Technologies (DBVT) has a Cyclically Adjusted PB Ratio of 0.74 as of Jul. 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 DBV Technologies and its competitors. According to the industry distribution chart, DBV Technologies ranks #228 out of 699 companies in the Biotechnology industry, placing it in the top 32.6%.
Is DBV Technologies' Cyclically Adjusted PB Ratio too high?
DBV Technologies' current Cyclically Adjusted PB Ratio is 0.74. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.66. DBV Technologies' value of 0.74 is 55.4% below this industry median. Based on the distribution chart, DBV Technologies ranks #228 out of 699 companies in the Biotechnology industry, which is above the industry midpoint. Overall, DBV Technologies has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does DBV Technologies' Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, DBV Technologies ranks #228 out of 699 companies for Cyclically Adjusted PB Ratio. This puts DBV Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. DBV Technologies' value of 0.74 is 55.4% below this benchmark. 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 1.66, based on 699 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. DBV Technologies's current Cyclically Adjusted PB Ratio of 0.74 is 55.4% 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 DBV Technologies and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DBV Technologies's current Cyclically Adjusted PB Ratio is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DBV Technologies stock overvalued right now?
DBV Technologies (DBVT) has a current Cyclically Adjusted PB Ratio of 0.74. The current Cyclically Adjusted PB Ratio is 0.74 and 55.4% below the Biotechnology industry median of 1.66. DBV Technologies' overall GF Score™ is 31/100 with 1 warning sign 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 DBV Technologies (DBVT), the current Cyclically Adjusted PB Ratio is 0.74 as of Jul. 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.

DBV Technologies Business Description

Address 107 Avenue de la Republique, Batiment IRO, Chatillon, Paris, FRA, 92320
DBV Technologies SA is a clinical-stage specialty biopharmaceutical company focused on changing the field of immunotherapy by developing a novel technology platform called Viaskin. The therapeutic approach is based on epicutaneous immunotherapy or EPIT, its proprietary method of delivering biologically active compounds to the immune system through intact skin using Viaskin, an epicutaneous patch (i.e., a skin patch). Its main product candidate under development is Viaskin Peanut for the treatment of peanut-allergic patients. In addition, the company also has earlier-stage food allergy programs, including Viaskin Milk and Eosinophilic Esophagitis, or EoE.
31GF 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.

$16.08
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