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Nanoform FinlandFRA:4YL +2.02%63 Cyclically Adjusted PB Ratio is 1.52 as of Aug. 05, 2026, which is 15% above its 10-year median of 1.32. GuruFocus rates FRA:4YL with a GF Score™ of 63/100 and a GF Value™ of €1.72 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 696 Biotechnology companies, Nanoform Finland ranks better than 52.59% on this metric.
The historical rank and industry rank for Nanoform Finland's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:4YL'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01 Med: 1.32 Max: 2
Current: 1.45
During the past 10 years, Nanoform Finland's highest Cyclically Adjusted PB Ratio was 2.00. The lowest was 1.01. And the median was 1.32.
FRA:4YL's Cyclically Adjusted PB Ratio is ranked better than 52.59% of 696
companies
in the Biotechnology industry
Industry Median: 1.585
vs FRA:4YL: 1.45
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.
Nanoform Finland's adjusted book value per share data of for the fiscal year that ended in Dec25 was €0.499. 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 €0.59 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nanoform Finland (FRA:4YL) 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.
Nanoform Finland Cyclically Adjusted PB Ratio Related Terms
Nanoform Finland Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Nanoform Finland'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.
Nanoform Finland Cyclically Adjusted PB Ratio Chart
FRA:4YL vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison
For the Biotechnology subindustry, Nanoform Finland'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.
Nanoform Finland Cyclically Adjusted PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Nanoform Finland's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Nanoform Finland's Cyclically Adjusted PB Ratio falls into.
Nanoform Finland 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.
Nanoform Finland'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 1.52 mean?
Nanoform Finland (FRA:4YL) has a Cyclically Adjusted PB Ratio of 1.52 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 Nanoform Finland and its competitors. This is 15% above median its historical median of 1.32. Over the past decade, Nanoform Finland's Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.00. According to the industry distribution chart, Nanoform Finland ranks #330 out of 696 companies in the Biotechnology industry, placing it in the top 47.4%.
Is Nanoform Finland's Cyclically Adjusted PB Ratio too high?
Nanoform Finland's current Cyclically Adjusted PB Ratio of 1.52 is 15% above median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 2.00. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.59. Nanoform Finland's value of 1.52 is 4.1% below this industry median. Based on the distribution chart, Nanoform Finland ranks #330 out of 696 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Nanoform Finland has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nanoform Finland's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Nanoform Finland ranks #330 out of 696 companies for Cyclically Adjusted PB Ratio. This puts Nanoform Finland in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.59. Nanoform Finland's value of 1.52 is 4.1% below this benchmark. Historically, Nanoform Finland's own Cyclically Adjusted PB Ratio has ranged from 1.01 to 2.00 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 1.59, Nanoform Finland 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. Nanoform Finland's current Cyclically Adjusted PB Ratio of 1.52 is 4.1% 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 Nanoform Finland 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. Nanoform Finland's current Cyclically Adjusted PB Ratio is 1.52, which is 15% above median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nanoform Finland stock overvalued right now?
Based on GuruFocus' analysis, Nanoform Finland (FRA:4YL) is currently considered Possible Value Trap. The stock's GF Value™ is €1.72, compared to a current price of €0.90 — trading 47.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.52, which is 15% above median its 10-year median of 1.32 and 4.1% below the Biotechnology industry median of 1.59. Nanoform Finland's overall GF Score™ is 63/100 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 Nanoform Finland (FRA:4YL), the current Cyclically Adjusted PB Ratio is 1.52 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 Nanoform Finland (FRA:4YL) Overvalued in 2026?
Based on GuruFocus' analysis, Nanoform Finland stock appears to be undervalued.
The current stock price of €0.90 is trading 47.9% below its estimated GF Value™ of €1.72.
GuruFocus considers Nanoform Finland to be Possible Value Trap.
Key valuation signals for FRA:4YL:
Cyclically Adjusted PB Ratio: 1.52 (15% above median its 10-year median of 1.32)
GF Value™: €1.72 vs. price of €0.90 (47.9% below fair value)
Industry Position: 4.1% below the Biotechnology median (#330 of 696)
No single metric tells the full story. See the FRA:4YL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nanoform Finland PLC is a nanoparticle medicine-enabling company. The company works together with pharma and biotech partners to reduce attrition in clinical trials and enhance their molecules' formulation performance through its nano-forming services. Its patented and scalable Controlled Expansion of Supercritical Solutions (CESS) technology produces nano-formed API particles as small as 10nm. This enables poorly soluble molecules in the pharmaceutical pipeline to progress into clinical development by increasing their rate of dissolution and improving their bioavailability. Its technology provides novel opportunities in many value-enhancing drug delivery applications. Geographically, the company generates maximum revenue from Europe, followed by the United States and other regions.
63GF Score
Get the complete analysis for FRA:4YL
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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