BioRestorative Therapies (FRA:9OF) Cyclically Adjusted PB Ratio: (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:9OF BioRestorative Therapies Inc FRA:9OF
55 GF Score
Price €0.29
GF Value €1.23
Valuation Possible Value Trap
! 3 Warning Signs
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What is BioRestorative Therapies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BioRestorative Therapies  (FRA:9OF) 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.


BioRestorative Therapies Cyclically Adjusted PB Ratio Related Terms


BioRestorative Therapies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BioRestorative Therapies'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.

BioRestorative Therapies Cyclically Adjusted PB Ratio Chart

BioRestorative Therapies 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 0.00

BioRestorative Therapies 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 0.00 0.00 0.00

FRA:9OF vs CVKD, JSPR, APRE: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, BioRestorative Therapies'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.


BioRestorative Therapies Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


FRA:9OF
55GF Score
BioRestorative Therapies Inc FRA:9OF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BioRestorative Therapies 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.

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

For example, BioRestorative Therapies'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)
=0.103/330.2130*330.2130
=0.103

Current CPI (Mar. 2026) = 330.2130.

BioRestorative Therapies Quarterly Data

Book Value per Share CPI Adj_Book
201606 -3,564.000 241.018 -4,882.951
201609 -3,984.000 241.428 -5,449.114
201612 -4,740.000 241.432 -6,483.025
201703 -4,415.000 243.801 -5,979.838
201706 -5,086.000 244.955 -6,856.212
201709 -5,613.000 246.819 -7,509.493
201712 -2,888.500 246.524 -3,869.077
201803 -3,118.500 249.554 -4,126.439
201806 -4,223.500 251.989 -5,534.585
201809 -3,830.000 252.439 -5,009.986
201812 -2,531.667 251.233 -3,327.546
201903 -1,693.250 254.202 -2,199.562
201906 -1,582.800 256.143 -2,040.505
201909 -1,881.000 256.759 -2,419.119
201912 -605.158 256.974 -777.631
202003 -39.774 258.115 -50.884
202006 -32.140 257.797 -41.168
202009 -32.115 260.280 -40.744
202012 -1.528 260.474 -1.937
202103 -2.850 264.877 -3.553
202106 -3.777 271.696 -4.590
202109 -4.756 274.310 -5.725
202112 5.426 278.802 6.427
202203 5.036 287.504 5.784
202206 4.821 296.311 5.373
202209 4.706 296.808 5.236
202212 2.637 296.797 2.934
202303 3.339 301.836 3.653
202306 2.871 305.109 3.107
202309 2.572 307.789 2.759
202312 1.946 306.746 2.095
202403 1.969 312.332 2.082
202406 1.448 314.175 1.522
202409 1.299 315.301 1.360
202412 1.175 315.605 1.229
202503 0.756 319.799 0.781
202506 0.525 322.561 0.537
202509 0.234 324.800 0.238
202512 0.033 324.054 0.034
202603 0.103 330.213 0.103

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.

Is BioRestorative Therapies (FRA:9OF) Overvalued in 2026?

Based on GuruFocus' analysis, BioRestorative Therapies stock appears to be undervalued. The current stock price of €0.29 is trading 76.3% below its estimated GF Value™ of €1.23. GuruFocus considers BioRestorative Therapies to be Possible Value Trap.

Key valuation signals for FRA:9OF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €1.23 vs. price of €0.29 (76.3% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the FRA:9OF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BioRestorative Therapies Business Description

Other Exchanges BRTX:USA
Address 40 Marcus Drive, Suite One, Melville, NY, USA, 11747
BioRestorative Therapies Inc is engaged in developing therapeutic products using cell and tissue protocols, involving adult stem cells. The company is pursuing its Disc/Spine Program with initial investigational therapeutic product being called BRTX-100 in the treatment of chronic cervical discogenic pain. The technology is an stem cell injection procedure that may offer relief from lower back pain, buttock and leg pain, and numbness and tingling in the leg and foot. It is also developing ThermoStem Program, a pre-clinical program which involves the use of brown adipose (fat) in connection with the cell-based treatment of type 2 diabetes and obesity as well as hypertension, other metabolic disorders and cardiac deficiencies.
55GF Score

Get the complete analysis for FRA:9OF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.29
Price
€1.23
GF Value