Sernova Biotherapeutics (HAM:PSH0) Cyclically Adjusted PB Ratio: 1.24 (As of Aug. 02, 2026)

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HAM:PSH0 Sernova Biotherapeutics Inc HAM:PSH0
29 GF Score
Price €0.04
! 2 Warning Signs
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What is Sernova Biotherapeutics Cyclically Adjusted PB Ratio?

Sernova Biotherapeutics HAM:PSH0 -7.00% 29 Cyclically Adjusted PB Ratio is 1.24 as of Aug. 02, 2026. GuruFocus rates HAM:PSH0 with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 697 Biotechnology companies, Sernova Biotherapeutics ranks worse than 66.86% on this metric.

As of today (2026-08-02), Sernova Biotherapeutics's current share price is €0.0372. Sernova Biotherapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €0.03. Sernova Biotherapeutics's Cyclically Adjusted PB Ratio for today is 1.24.

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

HAM:PSH0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.07
Current: 3.07

During the past years, Sernova Biotherapeutics's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.00. And the median was 0.00.

HAM:PSH0's Cyclically Adjusted PB Ratio is ranked worse than
66.86% of 697 companies
in the Biotechnology industry
Industry Median: 1.6 vs HAM:PSH0: 3.07

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.

Sernova Biotherapeutics's adjusted book value per share data for the three months ended in Apr. 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 €0.03 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sernova Biotherapeutics  (HAM:PSH0) 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.


Sernova Biotherapeutics Cyclically Adjusted PB Ratio Related Terms


Sernova Biotherapeutics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Sernova Biotherapeutics'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.

Sernova Biotherapeutics Cyclically Adjusted PB Ratio Chart

Sernova Biotherapeutics Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.11 16.08 14.05 5.19 3.79

Sernova Biotherapeutics 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 4.40 4.76 3.79 4.32 4.61

HAM:PSH0 vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Sernova Biotherapeutics'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.


Sernova Biotherapeutics Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


HAM:PSH0
29GF Score
Sernova Biotherapeutics Inc HAM:PSH0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sernova Biotherapeutics 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.

Sernova Biotherapeutics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0372/0.03
=1.24

* 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.

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

For example, Sernova Biotherapeutics'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)
=-0.036/132.7364*132.7364
=-0.036

Current CPI (Apr. 2026) = 132.7364.

Sernova Biotherapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.023 101.844 0.030
201610 0.024 102.002 0.031
201701 0.023 102.318 0.030
201704 0.022 103.029 0.028
201707 0.019 103.029 0.024
201710 0.015 103.424 0.019
201801 0.013 104.056 0.017
201804 0.010 105.320 0.013
201807 0.016 106.110 0.020
201810 0.014 105.952 0.018
201901 0.011 105.557 0.014
201904 0.008 107.453 0.010
201907 0.007 108.243 0.009
201910 0.017 107.927 0.021
202001 0.013 108.085 0.016
202004 0.007 107.216 0.009
202007 0.005 108.401 0.006
202010 0.013 108.638 0.016
202101 0.027 109.192 0.033
202104 0.081 110.851 0.097
202107 0.078 112.431 0.092
202110 0.075 113.695 0.088
202201 0.082 114.801 0.095
202204 0.066 118.357 0.074
202207 0.113 120.964 0.124
202210 0.116 121.517 0.127
202301 0.107 121.596 0.117
202304 0.072 123.571 0.077
202307 0.052 124.914 0.055
202310 0.028 125.310 0.030
202401 0.009 125.072 0.010
202404 -0.012 126.890 -0.013
202407 -0.028 128.075 -0.029
202410 -0.027 127.838 -0.028
202501 -0.037 127.443 -0.039
202504 -0.040 129.102 -0.041
202507 -0.047 130.290 -0.048
202510 -0.046 130.603 -0.047
202601 -0.046 130.366 -0.047
202604 -0.036 132.736 -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 1.24 mean?
Sernova Biotherapeutics (HAM:PSH0) has a Cyclically Adjusted PB Ratio of 1.24 as of Aug. 02, 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 Sernova Biotherapeutics and its competitors. According to the industry distribution chart, Sernova Biotherapeutics ranks #466 out of 697 companies in the Biotechnology industry, placing it in the top 66.9%.
Is Sernova Biotherapeutics' Cyclically Adjusted PB Ratio too high?
Sernova Biotherapeutics' current Cyclically Adjusted PB Ratio is 1.24. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.60. Sernova Biotherapeutics' value of 1.24 is 22.5% below this industry median. Based on the distribution chart, Sernova Biotherapeutics ranks #466 out of 697 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Sernova Biotherapeutics has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Sernova Biotherapeutics' Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Sernova Biotherapeutics ranks #466 out of 697 companies for Cyclically Adjusted PB Ratio. This places Sernova Biotherapeutics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.60. Sernova Biotherapeutics' value of 1.24 is 22.5% 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.60, based on 697 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. Sernova Biotherapeutics's current Cyclically Adjusted PB Ratio of 1.24 is 22.5% 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 Sernova Biotherapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sernova Biotherapeutics's current Cyclically Adjusted PB Ratio is 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sernova Biotherapeutics stock overvalued right now?
Sernova Biotherapeutics (HAM:PSH0) has a current Cyclically Adjusted PB Ratio of 1.24. The current Cyclically Adjusted PB Ratio is 1.24 and 22.5% below the Biotechnology industry median of 1.60. Sernova Biotherapeutics' overall GF Score™ is 29/100 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 Sernova Biotherapeutics (HAM:PSH0), the current Cyclically Adjusted PB Ratio is 1.24 as of Aug. 02, 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.

Sernova Biotherapeutics Business Description

Address RPO Central Parkway, PO Box 29592, Mississauga, ON, CAN, L5A 4H2
Sernova Biotherapeutics Inc is a clinical-stage biotechnology company focused on advancing regenerative medicine for the treatment of chronic diseases. The Company's primary asset is its proprietary Cell Pouch, a bio-hybrid organ system designed to enhance the delivery of cell therapy by replicating natural body functions. The Cell Pouch creates a vascularized, organ-like environment that promotes the longevity and functionality of therapeutic cells and ensures containment for retrievability.
29GF 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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