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CASI PharmaceuticalsFRA:ENM 29 Cyclically Adjusted PB Ratio is 0.18 as of Jul. 24, 2026, which is 86% below its 10-year median of 1.25. GuruFocus rates FRA:ENM with a GF Score™ of 29/100 and a GF Value™ of €10.30. The stock has 5 warning signs investors should review. Among 699 Biotechnology companies, CASI Pharmaceuticals ranks better than 96.57% on this metric.
The historical rank and industry rank for CASI Pharmaceuticals's Cyclically Adjusted PB Ratio or its related term are showing as below:
FRA:ENM'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02 Med: 1.25 Max: 10.56
Current: 0.03
During the past years, CASI Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 10.56. The lowest was 0.02. And the median was 1.25.
FRA:ENM's Cyclically Adjusted PB Ratio is ranked better than 96.57% of 699
companies
in the Biotechnology industry
Industry Median: 1.63
vs FRA:ENM: 0.03
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.
CASI Pharmaceuticals's adjusted book value per share data for the three months ended in Dec. 2025 was €-1.549. 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 €8.68 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
CASI Pharmaceuticals (FRA:ENM) 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.
CASI Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms
CASI Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for CASI Pharmaceuticals'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.
CASI Pharmaceuticals Cyclically Adjusted PB Ratio Chart
FRA:ENM vs ITRMF, OGEN, AZTR: Cyclically Adjusted PB Ratio Comparison
For the Biotechnology subindustry, CASI Pharmaceuticals'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.
CASI Pharmaceuticals Cyclically Adjusted PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, CASI Pharmaceuticals's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where CASI Pharmaceuticals's Cyclically Adjusted PB Ratio falls into.
CASI Pharmaceuticals 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.
* 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 0.18 mean?
CASI Pharmaceuticals (FRA:ENM) has a Cyclically Adjusted PB Ratio of 0.18 as of Jul. 24, 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 CASI Pharmaceuticals and its competitors. This is 86% below median its historical median of 1.25. Over the past decade, CASI Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 0.02 to 10.56. According to the industry distribution chart, CASI Pharmaceuticals ranks #24 out of 699 companies in the Biotechnology industry, placing it in the top 3.4%.
Is CASI Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
CASI Pharmaceuticals' current Cyclically Adjusted PB Ratio of 0.18 is 86% below median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 10.56. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. CASI Pharmaceuticals' value of 0.18 is 89% below this industry median. Based on the distribution chart, CASI Pharmaceuticals ranks #24 out of 699 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, CASI Pharmaceuticals has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does CASI Pharmaceuticals' Cyclically Adjusted PB Ratio compare to ITRMF and OGEN?
According to the Biotechnology industry distribution chart, CASI Pharmaceuticals ranks #24 out of 699 companies for Cyclically Adjusted PB Ratio. This places CASI Pharmaceuticals in the top 3% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.63. CASI Pharmaceuticals' value of 0.18 is 89% below this benchmark. Historically, CASI Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 0.02 to 10.56 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 1.63, CASI Pharmaceuticals 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 1.63, 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. CASI Pharmaceuticals's current Cyclically Adjusted PB Ratio of 0.18 is 89% 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 CASI Pharmaceuticals and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CASI Pharmaceuticals's current Cyclically Adjusted PB Ratio is 0.18, which is 86% below median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CASI Pharmaceuticals stock overvalued right now?
CASI Pharmaceuticals (FRA:ENM) has a current Cyclically Adjusted PB Ratio of 0.18. The stock's GF Value™ is €10.30, compared to a current price of €1.54 — trading 85% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.18, which is 86% below median its 10-year median of 1.25 and 89% below the Biotechnology industry median of 1.63. CASI Pharmaceuticals' overall GF Score™ is 29/100 with 5 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 CASI Pharmaceuticals (FRA:ENM), the current Cyclically Adjusted PB Ratio is 0.18 as of Jul. 24, 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 CASI Pharmaceuticals (FRA:ENM) Overvalued in 2026?
Based on GuruFocus' analysis, CASI Pharmaceuticals stock appears to be undervalued.
The current stock price of €1.54 is trading 85% below its estimated GF Value™ of €10.30.
Key valuation signals for FRA:ENM:
Cyclically Adjusted PB Ratio: 0.18 (86% below median its 10-year median of 1.25)
GF Value™: €10.30 vs. price of €1.54 (85% below fair value)
Industry Position: 89% below the Biotechnology median (#24 of 699)
No single metric tells the full story. See the FRA:ENM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CASI Pharmaceuticals Inc is a clinical-stage biopharmaceutical company developing CID-103, an anti-CD38 monoclonal antibody, for patients with organ transplant rejection and autoimmune diseases. Additionally, the company manages its other assets, including EVOMELA, FOLOTYN, CNCT19, BI-1206, and CB-5339, with a primary strategic emphasis on advancing CID-103 toward key clinical and regulatory milestones. It also distributes YuTuo (Zimberelimab), a fully human anti-PD-1 monoclonal antibody for patients with relapsed or refractory classical Hodgkin's lymphoma and recurrent or metastatic cervical cancer. Geographically, the company's revenue is solely generated in Mainland China.
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