T2 Biosystems (HAM:3T2) Cyclically Adjusted PB Ratio: 0.06 (As of Jul. 26, 2026)

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HAM:3T2 T2 Biosystems Inc HAM:3T2
12 GF Score
Price €16.76
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What is T2 Biosystems Cyclically Adjusted PB Ratio?

T2 Biosystems HAM:3T2 12 Cyclically Adjusted PB Ratio is 0.06 as of Jul. 26, 2026. GuruFocus rates HAM:3T2 with a GF Score™ of 12/100.

As of today (2026-07-26), T2 Biosystems's current share price is €16.76. T2 Biosystems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €273.78. T2 Biosystems's Cyclically Adjusted PB Ratio for today is 0.06.

The historical rank and industry rank for T2 Biosystems's Cyclically Adjusted PB Ratio or its related term are showing as below:

HAM:3T2's Cyclically Adjusted PB Ratio is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: 1.75
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

T2 Biosystems's adjusted book value per share data for the three months ended in Sep. 2024 was €-0.562. 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 €273.78 for the trailing ten years ended in Sep. 2024.

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T2 Biosystems  (HAM:3T2) 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.


T2 Biosystems Cyclically Adjusted PB Ratio Related Terms


T2 Biosystems Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for T2 Biosystems'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.

T2 Biosystems Cyclically Adjusted PB Ratio Chart

T2 Biosystems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 8.49 0.25

T2 Biosystems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.38 0.25 0.13 0.13 0.06

HAM:3T2 vs IDTA, NSTM, TMO: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, T2 Biosystems'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.


T2 Biosystems Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, T2 Biosystems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where T2 Biosystems's Cyclically Adjusted PB Ratio falls into.


HAM:3T2
12GF Score
T2 Biosystems Inc HAM:3T2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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T2 Biosystems 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.

T2 Biosystems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.76/273.78
=0.06

* 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.

T2 Biosystems's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, T2 Biosystems's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.562/315.3010*315.3010
=-0.562

Current CPI (Sep. 2024) = 315.3010.

T2 Biosystems Quarterly Data

Book Value per Share CPI Adj_Book
201412 214.920 234.812 288.590
201503 198.891 236.119 265.589
201506 149.458 238.638 197.472
201509 104.507 237.945 138.482
201512 178.058 236.525 237.361
201603 129.671 238.132 171.692
201606 82.652 241.018 108.126
201609 148.253 241.428 193.616
201612 122.269 241.432 159.679
201703 79.536 243.801 102.862
201706 35.614 244.955 45.842
201709 42.483 246.819 54.270
201712 3.153 246.524 4.033
201803 -22.725 249.554 -28.712
201806 62.936 251.989 78.749
201809 46.282 252.439 57.807
201812 22.645 251.233 28.420
201903 -3.156 254.202 -3.915
201906 -31.065 256.143 -38.240
201909 -50.381 256.759 -61.868
201912 -60.365 256.974 -74.066
202003 -5.844 258.115 -7.139
202006 -3.033 257.797 -3.710
202009 10.081 260.280 12.212
202012 4.843 260.474 5.862
202103 -0.320 264.877 -0.381
202106 4.510 271.696 5.234
202109 -1.261 274.310 -1.449
202112 -6.862 278.802 -7.760
202203 -13.589 287.504 -14.903
202206 -17.881 296.311 -19.027
202209 -9.074 296.808 -9.639
202212 -486.156 296.797 -516.466
202303 -228.402 301.836 -238.591
202306 -13.903 305.109 -14.367
202309 -4.600 307.789 -4.712
202312 -6.335 306.746 -6.512
202403 -6.305 312.332 -6.365
202406 -0.315 314.175 -0.316
202409 -0.562 315.301 -0.562

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 0.06 mean?
T2 Biosystems (HAM:3T2) has a Cyclically Adjusted PB Ratio of 0.06 as of Jul. 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 T2 Biosystems and its competitors.
Is T2 Biosystems' Cyclically Adjusted PB Ratio too high?
T2 Biosystems' current Cyclically Adjusted PB Ratio is 0.06. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.75. T2 Biosystems' value of 0.06 is 96.6% below this industry median. Overall, T2 Biosystems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does T2 Biosystems' Cyclically Adjusted PB Ratio compare to IDTA and NSTM?
T2 Biosystems' Cyclically Adjusted PB Ratio of 0.06 can be compared against companies in the Medical Diagnostics & Research industry. The industry median Cyclically Adjusted PB Ratio is 1.75. T2 Biosystems' value of 0.06 is 96.6% below 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PB Ratio among Medical Diagnostics & Research companies is 1.75, based on 133 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. T2 Biosystems's current Cyclically Adjusted PB Ratio of 0.06 is 96.6% 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 T2 Biosystems and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. T2 Biosystems's current Cyclically Adjusted PB Ratio is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T2 Biosystems stock overvalued right now?
T2 Biosystems (HAM:3T2) has a current Cyclically Adjusted PB Ratio of 0.06. The current Cyclically Adjusted PB Ratio is 0.06 and 96.6% below the Medical Diagnostics & Research industry median of 1.75. T2 Biosystems' overall GF Score™ is 12/100. 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 T2 Biosystems (HAM:3T2), the current Cyclically Adjusted PB Ratio is 0.06 as of Jul. 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.

T2 Biosystems Business Description

Address 101 Hartwell Avenue, Lexington, MA, USA, 02421
T2 Biosystems Inc is a leader in the rapid detection of sepsis-causing pathogens and antibiotic resistance genes. It is dedicated to improving patient care and reducing the cost of care by helping clinicians effectively treat patients faster than ever before. The company's products include the T2Dx Instrument, the T2Bacteria Panel, the T2Candida Panel, the T2Resistance Panel, and the T2Biothreat Panel, and are powered by the proprietary T2 Magnetic Resonance technology.
12GF 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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