Abeona Therapeutics (FRA:PCJ) Cyclically Adjusted PB Ratio: 0.17 (As of Aug. 19, 2026) — 31% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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:PCJ Abeona Therapeutics Inc FRA:PCJ
37 GF Score
Price €5.00
! 5 Warning Signs
View Full Analysis

What is Abeona Therapeutics Cyclically Adjusted PB Ratio?

Abeona Therapeutics FRA:PCJ -0.64% 37 Cyclically Adjusted PB Ratio is 0.17 as of Aug. 19, 2026, which is 31% above its 10-year median of 0.13. GuruFocus rates FRA:PCJ with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 693 Biotechnology companies, Abeona Therapeutics ranks better than 84.85% on this metric.

As of today (2026-08-19), Abeona Therapeutics's current share price is €5.004. Abeona Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €29.71. Abeona Therapeutics's Cyclically Adjusted PB Ratio for today is 0.17.

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

FRA:PCJ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.13   Max: 0.19
Current: 0.16

During the past years, Abeona Therapeutics's highest Cyclically Adjusted PB Ratio was 0.19. The lowest was 0.10. And the median was 0.13.

FRA:PCJ's Cyclically Adjusted PB Ratio is ranked better than
84.85% of 693 companies
in the Biotechnology industry
Industry Median: 1.61 vs FRA:PCJ: 0.16

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.

Abeona Therapeutics's adjusted book value per share data for the three months ended in Jun. 2026 was €1.942. 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 €29.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Abeona Therapeutics  (FRA:PCJ) 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.


Abeona Therapeutics Cyclically Adjusted PB Ratio Related Terms


Abeona Therapeutics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Abeona Therapeutics'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.

Abeona Therapeutics Cyclically Adjusted PB Ratio Chart

Abeona Therapeutics 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 0.13 0.13

Abeona Therapeutics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.13 0.13 0.13 0.11 0.16

FRA:PCJ vs RCKT, UPB, PALI: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Abeona Therapeutics'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.


Abeona Therapeutics Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


FRA:PCJ
37GF Score
Abeona Therapeutics Inc FRA:PCJ
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abeona Therapeutics 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.

Abeona Therapeutics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.004/29.71
=0.17

* 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.

Abeona Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Abeona Therapeutics's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.942/333.9520*333.9520
=1.942

Current CPI (Jun. 2026) = 333.9520.

Abeona Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201609 41.962 241.428 58.043
201612 58.351 241.432 80.712
201703 55.581 243.801 76.133
201706 49.211 244.955 67.090
201709 46.065 246.819 62.327
201712 76.617 246.524 103.789
201803 72.642 249.554 97.209
201806 72.764 251.989 96.432
201809 67.132 252.439 88.809
201812 61.432 251.233 81.659
201903 54.352 254.202 71.404
201906 48.141 256.143 62.765
201909 42.711 256.759 55.552
201912 48.008 256.974 62.389
202003 35.815 258.115 46.338
202006 31.700 257.797 41.064
202009 28.905 260.280 37.087
202012 21.924 260.474 28.109
202103 20.012 264.877 25.231
202106 17.232 271.696 21.181
202109 16.634 274.310 20.251
202112 6.368 278.802 7.628
202203 4.853 287.504 5.637
202206 3.237 296.311 3.648
202209 2.029 296.808 2.283
202212 1.426 296.797 1.605
202303 0.976 301.836 1.080
202306 0.402 305.109 0.440
202309 0.836 307.789 0.907
202312 0.513 306.746 0.558
202403 -0.297 312.332 -0.318
202406 1.633 314.175 1.736
202409 0.950 315.301 1.006
202412 0.921 315.605 0.975
202503 0.782 319.799 0.817
202506 2.767 322.561 2.865
202509 2.784 324.800 2.862
202512 2.470 324.054 2.545
202603 2.205 330.213 2.230
202606 1.942 333.952 1.942

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 0.17 mean?
Abeona Therapeutics (FRA:PCJ) has a Cyclically Adjusted PB Ratio of 0.17 as of Aug. 19, 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 Abeona Therapeutics and its competitors. This is 31% above median its historical median of 0.13. Over the past decade, Abeona Therapeutics' Cyclically Adjusted PB Ratio has ranged from 0.10 to 0.19. According to the industry distribution chart, Abeona Therapeutics ranks #105 out of 693 companies in the Biotechnology industry, placing it in the top 15.2%.
Is Abeona Therapeutics' Cyclically Adjusted PB Ratio too high?
Abeona Therapeutics' current Cyclically Adjusted PB Ratio of 0.17 is 31% above median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.19. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.61. Abeona Therapeutics' value of 0.17 is 89.4% below this industry median. Based on the distribution chart, Abeona Therapeutics ranks #105 out of 693 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Abeona Therapeutics has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Abeona Therapeutics' Cyclically Adjusted PB Ratio compare to RCKT and UPB?
According to the Biotechnology industry distribution chart, Abeona Therapeutics ranks #105 out of 693 companies for Cyclically Adjusted PB Ratio. This places Abeona Therapeutics in the top 15% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.61. Abeona Therapeutics' value of 0.17 is 89.4% below this benchmark. Historically, Abeona Therapeutics' own Cyclically Adjusted PB Ratio has ranged from 0.10 to 0.19 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 1.61, Abeona Therapeutics 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 1.61, based on 693 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. Abeona Therapeutics's current Cyclically Adjusted PB Ratio of 0.17 is 89.4% 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 Abeona Therapeutics 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. Abeona Therapeutics's current Cyclically Adjusted PB Ratio is 0.17, which is 31% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abeona Therapeutics stock overvalued right now?
Abeona Therapeutics (FRA:PCJ) has a current Cyclically Adjusted PB Ratio of 0.17. The current Cyclically Adjusted PB Ratio is 0.17, which is 31% above median its 10-year median of 0.13 and 89.4% below the Biotechnology industry median of 1.61. Abeona Therapeutics' overall GF Score™ is 37/100 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 Abeona Therapeutics (FRA:PCJ), the current Cyclically Adjusted PB Ratio is 0.17 as of Aug. 19, 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.

Abeona Therapeutics Business Description

Other Exchanges ABEO:USA0H7R:UKPCJ:Germany
Address 6555 Carnegie Avenue, 4th Floor, Cleveland, OH, USA, 44103
Abeona Therapeutics Inc is a commercial-stage biopharmaceutical company. The company is focused on developing cell and gene therapies for life-threatening diseases. The company's ZEVASKYN (prademagene zamikeracel) is an autologous cell-based gene therapy for the treatment of wounds in adults and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). The company's development portfolio includes adeno-associated virus (AAV)-based gene therapies for ophthalmic diseases with high unmet medical need.
37GF Score

Get the complete analysis for FRA:PCJ

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

€5.00
Price