Ovid Therapeutics (FRA:1OT) Cyclically Adjusted PB Ratio: 1.14 (As of Aug. 05, 2026) — 27% Above Median

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FRA:1OT Ovid Therapeutics Inc FRA:1OT
50 GF Score
Price €1.99
GF Value €5.60
Valuation Possible Value Trap
! 4 Warning Signs
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What is Ovid Therapeutics Cyclically Adjusted PB Ratio?

Ovid Therapeutics FRA:1OT +5.29% 50 Cyclically Adjusted PB Ratio is 1.14 as of Aug. 05, 2026, which is 27% above its 10-year median of 0.90. GuruFocus rates FRA:1OT with a GF Score™ of 50/100 and a GF Value™ of €5.60 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 696 Biotechnology companies, Ovid Therapeutics ranks better than 59.34% on this metric.

As of today (2026-08-05), Ovid Therapeutics's current share price is €1.99. Ovid Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €1.74. Ovid Therapeutics's Cyclically Adjusted PB Ratio for today is 1.14.

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

FRA:1OT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.9   Max: 1.36
Current: 1.09

During the past years, Ovid Therapeutics's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.59. And the median was 0.90.

FRA:1OT's Cyclically Adjusted PB Ratio is ranked better than
59.34% of 696 companies
in the Biotechnology industry
Industry Median: 1.585 vs FRA:1OT: 1.09

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.

Ovid Therapeutics's adjusted book value per share data for the three months ended in Mar. 2026 was €1.025. 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 €1.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ovid Therapeutics  (FRA:1OT) 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.


Ovid Therapeutics Cyclically Adjusted PB Ratio Related Terms


Ovid Therapeutics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ovid Therapeutics'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.

Ovid Therapeutics Cyclically Adjusted PB Ratio Chart

Ovid Therapeutics 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 0.77

Ovid Therapeutics 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 0.59 0.77 1.04

FRA:1OT vs SGMT, CABA, QTTB: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Ovid Therapeutics'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.


Ovid Therapeutics Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


FRA:1OT
50GF Score
Ovid Therapeutics Inc FRA:1OT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ovid Therapeutics 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.

Ovid Therapeutics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.99/1.74
=1.14

* 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.

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

For example, Ovid Therapeutics'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)
=1.025/330.2130*330.2130
=1.025

Current CPI (Mar. 2026) = 330.2130.

Ovid Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 1.899 241.432 2.597
201703 1.609 243.801 2.179
201706 3.652 244.955 4.923
201709 3.170 246.819 4.241
201712 2.865 246.524 3.838
201803 2.375 249.554 3.143
201806 2.124 251.989 2.783
201809 1.737 252.439 2.272
201812 1.384 251.233 1.819
201903 1.309 254.202 1.700
201906 1.039 256.143 1.339
201909 0.728 256.759 0.936
201912 1.152 256.974 1.480
202003 0.850 258.115 1.087
202006 0.474 257.797 0.607
202009 0.852 260.280 1.081
202012 0.546 260.474 0.692
202103 2.740 264.877 3.416
202106 2.529 271.696 3.074
202109 2.462 274.310 2.964
202112 2.261 278.802 2.678
202203 2.128 287.504 2.444
202206 2.044 296.311 2.278
202209 2.036 296.808 2.265
202212 1.772 296.797 1.972
202303 1.603 301.836 1.754
202306 1.447 305.109 1.566
202309 1.343 307.789 1.441
202312 1.139 306.746 1.226
202403 1.017 312.332 1.075
202406 1.164 314.175 1.223
202409 0.968 315.301 1.014
202412 0.918 315.605 0.960
202503 0.771 319.799 0.796
202506 0.680 322.561 0.696
202509 0.535 324.800 0.544
202512 0.857 324.054 0.873
202603 1.025 330.213 1.025

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 1.14 mean?
Ovid Therapeutics (FRA:1OT) has a Cyclically Adjusted PB Ratio of 1.14 as of Aug. 05, 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 Ovid Therapeutics and its competitors. This is 27% above median its historical median of 0.90. Over the past decade, Ovid Therapeutics' Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.36. According to the industry distribution chart, Ovid Therapeutics ranks #283 out of 696 companies in the Biotechnology industry, placing it in the top 40.7%.
Is Ovid Therapeutics' Cyclically Adjusted PB Ratio too high?
Ovid Therapeutics' current Cyclically Adjusted PB Ratio of 1.14 is 27% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.36. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.59. Ovid Therapeutics' value of 1.14 is 28.1% below this industry median. Based on the distribution chart, Ovid Therapeutics ranks #283 out of 696 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Ovid Therapeutics has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ovid Therapeutics' Cyclically Adjusted PB Ratio compare to SGMT and CABA?
According to the Biotechnology industry distribution chart, Ovid Therapeutics ranks #283 out of 696 companies for Cyclically Adjusted PB Ratio. This puts Ovid Therapeutics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.59. Ovid Therapeutics' value of 1.14 is 28.1% below this benchmark. Historically, Ovid Therapeutics' own Cyclically Adjusted PB Ratio has ranged from 0.59 to 1.36 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.59, Ovid Therapeutics 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 1.59, based on 696 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. Ovid Therapeutics's current Cyclically Adjusted PB Ratio of 1.14 is 28.1% 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 Ovid Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovid Therapeutics's current Cyclically Adjusted PB Ratio is 1.14, which is 27% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovid Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Ovid Therapeutics (FRA:1OT) is currently considered Possible Value Trap. The stock's GF Value™ is €5.60, compared to a current price of €1.99 — trading 64.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.14, which is 27% above median its 10-year median of 0.90 and 28.1% below the Biotechnology industry median of 1.59. Ovid Therapeutics' overall GF Score™ is 50/100 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 Ovid Therapeutics (FRA:1OT), the current Cyclically Adjusted PB Ratio is 1.14 as of Aug. 05, 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 Ovid Therapeutics (FRA:1OT) Overvalued in 2026?

Based on GuruFocus' analysis, Ovid Therapeutics stock appears to be undervalued. The current stock price of €1.99 is trading 64.5% below its estimated GF Value™ of €5.60. GuruFocus considers Ovid Therapeutics to be Possible Value Trap.

Key valuation signals for FRA:1OT:

  • Cyclically Adjusted PB Ratio: 1.14 (27% above median its 10-year median of 0.90)
  • GF Value™: €5.60 vs. price of €1.99 (64.5% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 28.1% below the Biotechnology median (#283 of 696)

No single metric tells the full story. See the FRA:1OT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ovid Therapeutics Business Description

Other Exchanges OVID:USA
Address 441 Ninth Avenue, 14th Floor, New York, NY, USA, 10001
Ovid Therapeutics Inc is a biopharmaceutical company that is dedicated to reducing seizures and meaningfully improving the lives of people affected by rare epilepsies and seizure-related neurological disorders. The company has built a differentiated pipeline of medicines with potential first-in-class drug mechanisms of action to treat seizures. This pipeline has produced two epilepsy programs with potential first-in-class mechanisms of action, and one epilepsy program with a potential best-in-class mechanism of action.
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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.99
Price
€5.60
GF Value