Glycorex Transplantation AB (FRA:O33) Cyclically Adjusted PB Ratio: 1.11 (As of Aug. 05, 2026) — 36% Below Median

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FRA:O33 Glycorex Transplantation AB FRA:O33
61 GF Score
Price €0.09
GF Value €0.14
Valuation Possible Value Trap
! 5 Warning Signs
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What is Glycorex Transplantation AB Cyclically Adjusted PB Ratio?

Glycorex Transplantation AB FRA:O33 -31.05% 61 Cyclically Adjusted PB Ratio is 1.11 as of Aug. 05, 2026, which is 36% below its 10-year median of 1.74. GuruFocus rates FRA:O33 with a GF Score™ of 61/100 and a GF Value™ of €0.14 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 696 Biotechnology companies, Glycorex Transplantation AB ranks worse than 50.57% on this metric.

As of today (2026-08-05), Glycorex Transplantation AB's current share price is €0.0886. Glycorex Transplantation AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.08. Glycorex Transplantation AB's Cyclically Adjusted PB Ratio for today is 1.11.

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

FRA:O33' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.74   Max: 5.53
Current: 1.64

During the past years, Glycorex Transplantation AB's highest Cyclically Adjusted PB Ratio was 5.53. The lowest was 0.70. And the median was 1.74.

FRA:O33's Cyclically Adjusted PB Ratio is ranked worse than
50.57% of 696 companies
in the Biotechnology industry
Industry Median: 1.585 vs FRA:O33: 1.64

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.

Glycorex Transplantation AB's adjusted book value per share data for the three months ended in Mar. 2026 was €0.036. 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 €0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glycorex Transplantation AB  (FRA:O33) 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.


Glycorex Transplantation AB Cyclically Adjusted PB Ratio Related Terms


Glycorex Transplantation AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Glycorex Transplantation AB'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.

Glycorex Transplantation AB Cyclically Adjusted PB Ratio Chart

Glycorex Transplantation AB 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 3.51 1.13 1.84 1.53

Glycorex Transplantation AB 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 1.85 2.09 1.95 1.53 1.39

FRA:O33 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Glycorex Transplantation AB'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.


Glycorex Transplantation AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

* The bar in red indicates where Glycorex Transplantation AB's Cyclically Adjusted PB Ratio falls into.


FRA:O33
61GF Score
Glycorex Transplantation AB FRA:O33
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glycorex Transplantation AB 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.

Glycorex Transplantation AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0886/0.08
=1.11

* 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.

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

For example, Glycorex Transplantation AB'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)
=0.036/133.5600*133.5600
=0.036

Current CPI (Mar. 2026) = 133.5600.

Glycorex Transplantation AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.098 101.019 0.130
201609 0.094 101.138 0.124
201612 0.095 102.022 0.124
201703 0.096 102.022 0.126
201706 0.093 102.752 0.121
201709 0.094 103.279 0.122
201712 0.069 103.793 0.089
201803 0.070 103.962 0.090
201806 0.069 104.875 0.088
201809 0.068 105.679 0.086
201812 0.079 105.912 0.100
201903 0.081 105.886 0.102
201906 0.080 106.742 0.100
201909 0.084 107.214 0.105
201912 0.087 107.766 0.108
202003 0.129 106.563 0.162
202006 0.125 107.498 0.155
202009 0.127 107.635 0.158
202012 0.127 108.296 0.157
202103 0.120 108.360 0.148
202106 0.117 108.928 0.143
202109 0.116 110.338 0.140
202112 0.109 112.486 0.129
202203 0.101 114.825 0.117
202206 0.098 118.384 0.111
202209 0.096 122.296 0.105
202212 0.092 126.365 0.097
202303 0.085 127.042 0.089
202306 0.077 129.407 0.079
202309 0.069 130.224 0.071
202312 0.053 131.912 0.054
202403 0.048 132.205 0.048
202406 0.046 132.716 0.046
202409 0.042 132.304 0.042
202412 0.039 132.987 0.039
202503 0.045 132.825 0.045
202506 0.045 133.699 0.045
202509 0.041 133.480 0.041
202512 0.040 133.390 0.040
202603 0.036 133.560 0.036

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 1.11 mean?
Glycorex Transplantation AB (FRA:O33) has a Cyclically Adjusted PB Ratio of 1.11 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 Glycorex Transplantation AB and its competitors. This is 36% below median its historical median of 1.74. Over the past decade, Glycorex Transplantation AB's Cyclically Adjusted PB Ratio has ranged from 0.70 to 5.53. According to the industry distribution chart, Glycorex Transplantation AB ranks #352 out of 696 companies in the Biotechnology industry, placing it in the top 50.6%.
Is Glycorex Transplantation AB's Cyclically Adjusted PB Ratio too high?
Glycorex Transplantation AB's current Cyclically Adjusted PB Ratio of 1.11 is 36% below median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 5.53. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.59. Glycorex Transplantation AB's value of 1.11 is 30% below this industry median. Based on the distribution chart, Glycorex Transplantation AB ranks #352 out of 696 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Glycorex Transplantation AB has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Glycorex Transplantation AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Glycorex Transplantation AB ranks #352 out of 696 companies for Cyclically Adjusted PB Ratio. This places Glycorex Transplantation AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.59. Glycorex Transplantation AB's value of 1.11 is 30% below this benchmark. Historically, Glycorex Transplantation AB's own Cyclically Adjusted PB Ratio has ranged from 0.70 to 5.53 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 1.59, Glycorex Transplantation AB 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. Glycorex Transplantation AB's current Cyclically Adjusted PB Ratio of 1.11 is 30% 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 Glycorex Transplantation AB 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. Glycorex Transplantation AB's current Cyclically Adjusted PB Ratio is 1.11, which is 36% below median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glycorex Transplantation AB stock overvalued right now?
Based on GuruFocus' analysis, Glycorex Transplantation AB (FRA:O33) is currently considered Possible Value Trap. The stock's GF Value™ is €0.14, compared to a current price of €0.09 — trading 36.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.11, which is 36% below median its 10-year median of 1.74 and 30% below the Biotechnology industry median of 1.59. Glycorex Transplantation AB's overall GF Score™ is 61/100 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 Glycorex Transplantation AB (FRA:O33), the current Cyclically Adjusted PB Ratio is 1.11 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 Glycorex Transplantation AB (FRA:O33) Overvalued in 2026?

Based on GuruFocus' analysis, Glycorex Transplantation AB stock appears to be undervalued. The current stock price of €0.09 is trading 36.7% below its estimated GF Value™ of €0.14. GuruFocus considers Glycorex Transplantation AB to be Possible Value Trap.

Key valuation signals for FRA:O33:

  • Cyclically Adjusted PB Ratio: 1.11 (36% below median its 10-year median of 1.74)
  • GF Value™: €0.14 vs. price of €0.09 (36.7% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 30% below the Biotechnology median (#352 of 696)

No single metric tells the full story. See the FRA:O33 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Glycorex Transplantation AB Business Description

Other Exchanges GTAB B:Sweden
Address Scheelevagen 27, Lund, SWE, 223 63
Glycorex Transplantation AB is a medical technology company. Its main product Glycosorb ABO is used clinically in six continents to facilitate blood group incompatible transplants, especially in kidney transplants from related living donors, but also in transplantation of liver, heart, lung and stem cells. Glycosorb ABO enables grafts regardless of the blood group of donors and recipients. The product is used in extracorporeal blood treatment, that is, a blood treatment that takes place outside the body in the same way as dialysis. Its segment is research, develop, manufacture, market and sell products in the field of organ transplantation or related areas. Geographically it operates in Europe, Australia, Singapore, India, and Other countries with majority of revenue from Europe.
61GF Score

Get the complete analysis for FRA:O33

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

€0.09
Price
€0.14
GF Value