BetterLife Pharma (FRA:NPAU) Cyclically Adjusted PB Ratio: 4.70 (As of Aug. 26, 2026)

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FRA:NPAU BetterLife Pharma Inc FRA:NPAU
31 GF Score
Price €0.19
! 1 Warning Sign
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What is BetterLife Pharma Cyclically Adjusted PB Ratio?

BetterLife Pharma FRA:NPAU -2.08% 31 Cyclically Adjusted PB Ratio is 4.70 as of Aug. 26, 2026. GuruFocus rates FRA:NPAU with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 684 Biotechnology companies, BetterLife Pharma ranks worse than 75.29% on this metric.

As of today (2026-08-26), BetterLife Pharma's current share price is €0.188. BetterLife Pharma's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €0.04. BetterLife Pharma's Cyclically Adjusted PB Ratio for today is 4.70.

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

FRA:NPAU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.72
Current: 5.72

During the past years, BetterLife Pharma's highest Cyclically Adjusted PB Ratio was 5.72. The lowest was 0.00. And the median was 0.00.

FRA:NPAU's Cyclically Adjusted PB Ratio is ranked worse than
75.29% of 684 companies
in the Biotechnology industry
Industry Median: 1.61 vs FRA:NPAU: 5.72

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.

BetterLife Pharma's adjusted book value per share data for the three months ended in Apr. 2026 was €-0.037. 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 €0.04 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


BetterLife Pharma  (FRA:NPAU) 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.


BetterLife Pharma Cyclically Adjusted PB Ratio Related Terms


BetterLife Pharma Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for BetterLife 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.

BetterLife Pharma Cyclically Adjusted PB Ratio Chart

BetterLife Pharma Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.21 1.92 0.78

BetterLife Pharma Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.34 1.38 1.02 0.78 0.98

FRA:NPAU vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, BetterLife 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.


BetterLife Pharma Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


FRA:NPAU
31GF Score
BetterLife Pharma Inc FRA:NPAU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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BetterLife 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.188/0.04
=4.70

* 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.

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

For example, BetterLife Pharma's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-0.037/132.7364*132.7364
=-0.037

Current CPI (Apr. 2026) = 132.7364.

BetterLife Pharma Quarterly Data

Book Value per Share CPI Adj_Book
201607 -0.084 101.844 -0.109
201610 -0.141 102.002 -0.183
201701 -0.182 102.318 -0.236
201704 -0.217 103.029 -0.280
201707 -0.144 103.029 -0.186
201710 0.020 103.424 0.026
201801 -0.004 104.056 -0.005
201804 0.429 105.320 0.541
201807 0.317 106.110 0.397
201810 0.314 105.952 0.393
201901 0.238 105.557 0.299
201904 0.212 107.453 0.262
201907 0.659 108.243 0.808
201910 0.583 107.927 0.717
202001 0.106 108.085 0.130
202004 0.113 107.216 0.140
202007 0.083 108.401 0.102
202010 0.041 108.638 0.050
202101 -0.058 109.192 -0.071
202104 -0.043 110.851 -0.051
202107 0.010 112.431 0.012
202110 -0.006 113.695 -0.007
202201 -0.032 114.801 -0.037
202204 -0.055 118.357 -0.062
202207 -0.065 120.964 -0.071
202210 -0.085 121.517 -0.093
202301 -0.082 121.596 -0.090
202304 -0.056 123.571 -0.060
202307 -0.059 124.914 -0.063
202310 -0.056 125.310 -0.059
202401 -0.064 125.072 -0.068
202404 -0.063 126.890 -0.066
202407 -0.056 128.075 -0.058
202410 -0.052 127.838 -0.054
202501 -0.055 127.443 -0.057
202504 -0.041 129.102 -0.042
202507 -0.038 130.290 -0.039
202510 -0.038 130.603 -0.039
202601 -0.040 130.366 -0.041
202604 -0.037 132.736 -0.037

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 4.70 mean?
BetterLife Pharma (FRA:NPAU) has a Cyclically Adjusted PB Ratio of 4.70 as of Aug. 26, 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 BetterLife Pharma and its competitors. According to the industry distribution chart, BetterLife Pharma ranks #515 out of 684 companies in the Biotechnology industry, placing it in the top 75.3%.
Is BetterLife Pharma's Cyclically Adjusted PB Ratio too high?
BetterLife Pharma's current Cyclically Adjusted PB Ratio is 4.70. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.61. BetterLife Pharma's value of 4.70 is 191.9% above this industry median. Based on the distribution chart, BetterLife Pharma ranks #515 out of 684 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, BetterLife Pharma has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does BetterLife Pharma's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, BetterLife Pharma ranks #515 out of 684 companies for Cyclically Adjusted PB Ratio. This places BetterLife Pharma in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. BetterLife Pharma's value of 4.70 is 191.9% above this benchmark. 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 1.61, based on 684 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. BetterLife Pharma's current Cyclically Adjusted PB Ratio of 4.70 is 191.9% above 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 BetterLife Pharma and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BetterLife Pharma's current Cyclically Adjusted PB Ratio is 4.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BetterLife Pharma stock overvalued right now?
BetterLife Pharma (FRA:NPAU) has a current Cyclically Adjusted PB Ratio of 4.70. The current Cyclically Adjusted PB Ratio is 4.70 and 191.9% above the Biotechnology industry median of 1.61. BetterLife Pharma's overall GF Score™ is 31/100 with 1 warning sign 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 BetterLife Pharma (FRA:NPAU), the current Cyclically Adjusted PB Ratio is 4.70 as of Aug. 26, 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.

BetterLife Pharma Business Description

Address 1275 West 6th Avenue, Suite 300, Vancouver, BC, CAN, V6H 1A6
BetterLife Pharma Inc is a biopharmaceutical company engaged in the development of patented pharmaceuticals. It is an emerging biotechnology company mainly focused on developing compounds for the treatment of mental disorders. It is also refining and developing drug candidates from a broad set of complementary interferon-based technologies which have the potential to engage the immune system to fight viral infections. The Company operates in one industry segment, development and commercialization of patented pharmaceuticals within one geographical area.
31GF 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.

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