Niagen Bioscience (FRA:OCD1) Cyclically Adjusted PB Ratio: 5.38 (As of Jul. 29, 2026) — 59% Below Median

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FRA:OCD1 Niagen Bioscience Inc FRA:OCD1
67 GF Score
Price €2.58
GF Value €3.98
Valuation Possible Value Trap
! 2 Warning Signs
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What is Niagen Bioscience Cyclically Adjusted PB Ratio?

Niagen Bioscience FRA:OCD1 67 Cyclically Adjusted PB Ratio is 5.38 as of Jul. 29, 2026, which is 59% below its 10-year median of 13.03. GuruFocus rates FRA:OCD1 with a GF Score™ of 67/100 and a GF Value™ of €3.98 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 698 Biotechnology companies, Niagen Bioscience ranks worse than 78.94% on this metric.

As of today (2026-07-29), Niagen Bioscience's current share price is €2.58. Niagen Bioscience's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.48. Niagen Bioscience's Cyclically Adjusted PB Ratio for today is 5.38.

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

FRA:OCD1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 13.03   Max: 43.53
Current: 5.52

During the past years, Niagen Bioscience's highest Cyclically Adjusted PB Ratio was 43.53. The lowest was 2.93. And the median was 13.03.

FRA:OCD1's Cyclically Adjusted PB Ratio is ranked worse than
78.94% of 698 companies
in the Biotechnology industry
Industry Median: 1.59 vs FRA:OCD1: 5.52

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.

Niagen Bioscience's adjusted book value per share data for the three months ended in Mar. 2026 was €0.896. 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 €0.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Niagen Bioscience  (FRA:OCD1) 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.


Niagen Bioscience Cyclically Adjusted PB Ratio Related Terms


Niagen Bioscience Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Niagen Bioscience'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.

Niagen Bioscience Cyclically Adjusted PB Ratio Chart

Niagen Bioscience 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 9.85 4.05 3.23 10.94 11.24

Niagen Bioscience 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 13.64 27.37 17.02 11.24 7.39

FRA:OCD1 vs LCTX, IFRX, VRXA: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Niagen Bioscience'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.


Niagen Bioscience Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


FRA:OCD1
67GF Score
Niagen Bioscience Inc FRA:OCD1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niagen Bioscience 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.

Niagen Bioscience's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.58/0.48
=5.38

* 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.

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

For example, Niagen Bioscience'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)
=0.896/330.2130*330.2130
=0.896

Current CPI (Mar. 2026) = 330.2130.

Niagen Bioscience Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.296 241.018 0.406
201609 0.281 241.428 0.384
201612 0.252 241.432 0.345
201703 0.231 243.801 0.313
201706 0.502 244.955 0.677
201709 0.594 246.819 0.795
201712 0.832 246.524 1.114
201803 0.692 249.554 0.916
201806 0.632 251.989 0.828
201809 0.521 252.439 0.682
201812 0.434 251.233 0.570
201903 0.336 254.202 0.436
201906 0.242 256.143 0.312
201909 0.415 256.759 0.534
201912 0.309 256.974 0.397
202003 0.250 258.115 0.320
202006 0.312 257.797 0.400
202009 0.269 260.280 0.341
202012 0.218 260.474 0.276
202103 0.544 264.877 0.678
202106 0.514 271.696 0.625
202109 0.443 274.310 0.533
202112 0.412 278.802 0.488
202203 0.345 287.504 0.396
202206 0.288 296.311 0.321
202209 0.311 296.808 0.346
202212 0.363 296.797 0.404
202303 0.350 301.836 0.383
202306 0.335 305.109 0.363
202309 0.342 307.789 0.367
202312 0.348 306.746 0.375
202403 0.354 312.332 0.374
202406 0.378 314.175 0.397
202409 0.407 315.301 0.426
202412 0.569 315.605 0.595
202503 0.653 319.799 0.674
202506 0.699 322.561 0.716
202509 0.756 324.800 0.769
202512 0.820 324.054 0.836
202603 0.896 330.213 0.896

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 5.38 mean?
Niagen Bioscience (FRA:OCD1) has a Cyclically Adjusted PB Ratio of 5.38 as of Jul. 29, 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 Niagen Bioscience and its competitors. This is 59% below median its historical median of 13.03. Over the past decade, Niagen Bioscience's Cyclically Adjusted PB Ratio has ranged from 2.93 to 43.53. According to the industry distribution chart, Niagen Bioscience ranks #551 out of 698 companies in the Biotechnology industry, placing it in the top 78.9%.
Is Niagen Bioscience's Cyclically Adjusted PB Ratio too high?
Niagen Bioscience's current Cyclically Adjusted PB Ratio of 5.38 is 59% below median its 10-year median of 13.03. Over the past 10 years, this metric has ranged from a low of 2.93 to a high of 43.53. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.59. Niagen Bioscience's value of 5.38 is 238.4% above this industry median. Based on the distribution chart, Niagen Bioscience ranks #551 out of 698 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Niagen Bioscience has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Niagen Bioscience's Cyclically Adjusted PB Ratio compare to LCTX and IFRX?
According to the Biotechnology industry distribution chart, Niagen Bioscience ranks #551 out of 698 companies for Cyclically Adjusted PB Ratio. This places Niagen Bioscience in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.59. Niagen Bioscience's value of 5.38 is 238.4% above this benchmark. Historically, Niagen Bioscience's own Cyclically Adjusted PB Ratio has ranged from 2.93 to 43.53 over the past decade. While the company's 10-year median is 13.03 vs. the industry median of 1.59, Niagen Bioscience has consistently been above 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 698 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. Niagen Bioscience's current Cyclically Adjusted PB Ratio of 5.38 is 238.4% 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 Niagen Bioscience 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. Niagen Bioscience's current Cyclically Adjusted PB Ratio is 5.38, which is 59% below median its own 10-year median of 13.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niagen Bioscience stock overvalued right now?
Based on GuruFocus' analysis, Niagen Bioscience (FRA:OCD1) is currently considered Possible Value Trap. The stock's GF Value™ is €3.98, compared to a current price of €2.58 — trading 35.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.38, which is 59% below median its 10-year median of 13.03 and 238.4% above the Biotechnology industry median of 1.59. Niagen Bioscience's overall GF Score™ is 67/100 with 2 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 Niagen Bioscience (FRA:OCD1), the current Cyclically Adjusted PB Ratio is 5.38 as of Jul. 29, 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 Niagen Bioscience (FRA:OCD1) Overvalued in 2026?

Based on GuruFocus' analysis, Niagen Bioscience stock appears to be undervalued. The current stock price of €2.58 is trading 35.2% below its estimated GF Value™ of €3.98. GuruFocus considers Niagen Bioscience to be Possible Value Trap.

Key valuation signals for FRA:OCD1:

  • Cyclically Adjusted PB Ratio: 5.38 (59% below median its 10-year median of 13.03)
  • GF Value™: €3.98 vs. price of €2.58 (35.2% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 238.4% above the Biotechnology median (#551 of 698)

No single metric tells the full story. See the FRA:OCD1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niagen Bioscience Business Description

Other Exchanges NAGE:USAOCD1:Germany
Address 10900 Wilshire Boulevard, Suite 600, Los Angeles, CA, USA, 90024
Niagen Bioscience Inc is the leader in NAD+ (nicotinamide adenine dinucleotide) science and healthy-aging research. It is dedicated to advancing healthspan through precision science and innovative NAD+-boosting solutions. It is is clinically proven to increase NAD+ levels efficiently and effectively, and is the key ingredient powering our suite of Niagen brands.
67GF Score

Get the complete analysis for FRA:OCD1

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

€2.58
Price
€3.98
GF Value