Traws Pharma (FRA:0T20) Cyclically Adjusted PB Ratio: 0.50 (As of Aug. 16, 2026) — 76% Below Median

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FRA:0T20 Traws Pharma Inc FRA:0T20
40 GF Score
Price €6.60
GF Value €150.73
! 4 Warning Signs
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What is Traws Pharma Cyclically Adjusted PB Ratio?

Traws Pharma FRA:0T20 40 Cyclically Adjusted PB Ratio is 0.50 as of Aug. 16, 2026, which is 76% below its 10-year median of 2.06. GuruFocus rates FRA:0T20 with a GF Score™ of 40/100 and a GF Value™ of €150.73. The stock has 4 warning signs investors should review. Among 692 Biotechnology companies, Traws Pharma ranks better than 86.27% on this metric.

As of today (2026-08-16), Traws Pharma's current share price is €6.60. Traws Pharma's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €13.16. Traws Pharma's Cyclically Adjusted PB Ratio for today is 0.50.

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

FRA:0T20' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 2.06   Max: 38.22
Current: 0.16

During the past years, Traws Pharma's highest Cyclically Adjusted PB Ratio was 38.22. The lowest was 0.12. And the median was 2.06.

FRA:0T20's Cyclically Adjusted PB Ratio is ranked better than
86.27% of 692 companies
in the Biotechnology industry
Industry Median: 1.62 vs FRA:0T20: 0.16

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.

Traws Pharma's adjusted book value per share data for the three months ended in Mar. 2026 was €-0.452. 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 €13.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Traws Pharma  (FRA:0T20) 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.


Traws Pharma Cyclically Adjusted PB Ratio Related Terms


Traws Pharma Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Traws Pharma'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.

Traws Pharma Cyclically Adjusted PB Ratio Chart

Traws Pharma 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 2.82 2.39 2.26 0.31

Traws Pharma 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 0.59 0.38 0.49 0.31 0.50

FRA:0T20 vs CNSP, MTVA, LIMN: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Traws Pharma'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.


Traws Pharma Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


FRA:0T20
40GF Score
Traws Pharma Inc FRA:0T20
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Traws Pharma 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.

Traws Pharma's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.60/13.16
=0.50

* 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.

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

For example, Traws Pharma'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)
=-0.452/330.2130*330.2130
=-0.452

Current CPI (Mar. 2026) = 330.2130.

Traws Pharma Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 8,184.000 241.428 11,193.661
201612 4,074.000 241.432 5,572.119
201703 -3,311.000 243.801 -4,484.540
201706 -172.500 244.955 -232.540
201709 -2,898.000 246.819 -3,877.162
201712 -4,939.500 246.524 -6,616.342
201803 -2,083.000 249.554 -2,756.252
201806 908.200 251.989 1,190.129
201809 620.467 252.439 811.627
201812 315.667 251.233 414.903
201903 -84.938 254.202 -110.336
201906 -251.438 256.143 -324.147
201909 -249.318 256.759 -320.643
201912 35.193 256.974 45.223
202003 43.318 258.115 55.418
202006 29.918 257.797 38.322
202009 21.079 260.280 26.743
202012 10.234 260.474 12.974
202103 49.460 264.877 61.660
202106 43.398 271.696 52.745
202109 50.498 274.310 60.789
202112 48.823 278.802 57.826
202203 45.929 287.504 52.752
202206 43.548 296.311 48.530
202209 40.269 296.808 44.801
202212 31.928 296.797 35.523
202303 25.466 301.836 27.860
202306 20.790 305.109 22.501
202309 16.193 307.789 17.373
202312 11.650 306.746 12.541
202403 6.565 312.332 6.941
202406 -96.866 314.175 -101.811
202409 -0.605 315.301 -0.634
202412 -8.274 315.605 -8.657
202503 1.094 319.799 1.130
202506 1.013 322.561 1.037
202509 0.543 324.800 0.552
202512 -0.059 324.054 -0.060
202603 -0.452 330.213 -0.452

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 0.50 mean?
Traws Pharma (FRA:0T20) has a Cyclically Adjusted PB Ratio of 0.50 as of Aug. 16, 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 Traws Pharma and its competitors. This is 76% below median its historical median of 2.06. Over the past decade, Traws Pharma's Cyclically Adjusted PB Ratio has ranged from 0.12 to 38.22. According to the industry distribution chart, Traws Pharma ranks #95 out of 692 companies in the Biotechnology industry, placing it in the top 13.7%.
Is Traws Pharma's Cyclically Adjusted PB Ratio too high?
Traws Pharma's current Cyclically Adjusted PB Ratio of 0.50 is 76% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 38.22. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Traws Pharma's value of 0.50 is 69.1% below this industry median. Based on the distribution chart, Traws Pharma ranks #95 out of 692 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Traws Pharma has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Traws Pharma's Cyclically Adjusted PB Ratio compare to CNSP and MTVA?
According to the Biotechnology industry distribution chart, Traws Pharma ranks #95 out of 692 companies for Cyclically Adjusted PB Ratio. This places Traws Pharma in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.62. Traws Pharma's value of 0.50 is 69.1% below this benchmark. Historically, Traws Pharma's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 38.22 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.62, Traws Pharma 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 1.62, based on 692 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. Traws Pharma's current Cyclically Adjusted PB Ratio of 0.50 is 69.1% 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 Traws Pharma and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Traws Pharma's current Cyclically Adjusted PB Ratio is 0.50, which is 76% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Traws Pharma stock overvalued right now?
Traws Pharma (FRA:0T20) has a current Cyclically Adjusted PB Ratio of 0.50. The stock's GF Value™ is €150.73, compared to a current price of €6.60 — trading 95.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.50, which is 76% below median its 10-year median of 2.06 and 69.1% below the Biotechnology industry median of 1.62. Traws Pharma's overall GF Score™ is 40/100 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 Traws Pharma (FRA:0T20), the current Cyclically Adjusted PB Ratio is 0.50 as of Aug. 16, 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 Traws Pharma (FRA:0T20) Overvalued in 2026?

Based on GuruFocus' analysis, Traws Pharma stock appears to be undervalued. The current stock price of €6.60 is trading 95.6% below its estimated GF Value™ of €150.73.

Key valuation signals for FRA:0T20:

  • Cyclically Adjusted PB Ratio: 0.50 (76% below median its 10-year median of 2.06)
  • GF Value™: €150.73 vs. price of €6.60 (95.6% below fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 69.1% below the Biotechnology median (#95 of 692)

No single metric tells the full story. See the FRA:0T20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Traws Pharma Business Description

Other Exchanges TRAW:USA
Address 12 Penns Trail, Newtown, PA, USA, 18940
Traws Pharma Inc is a clinical-stage biopharmaceutical company dedicated to developing novel therapies to target critical threats to human health in respiratory viral diseases. It is advancing novel investigational antiviral agents that have potent activity against difficult-to-treat or resistant virus strains that threaten human health. Its product candidates are Tivoxavir marboxil, Ratutrelvir, and Narazaciclib. The company has four clinical programs: (i) tivoxavir marboxil, (ii) ratutrelvir, (iii) narazaciclib (ON 123300), and (iv) rigosertib. It is focused on the development of tivoxavir marboxil and ratutrelvir. The company derives revenue from its collaboration and licensing agreements.
40GF 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.

€6.60
Price
€150.73
GF Value