Assembly Biosciences (HAM:V7B) Cyclically Adjusted PB Ratio: 0.43 (As of Aug. 05, 2026) — Near Median

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HAM:V7B Assembly Biosciences Inc HAM:V7B
20 GF Score
Price €21.50
! 3 Warning Signs
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What is Assembly Biosciences Cyclically Adjusted PB Ratio?

Assembly Biosciences HAM:V7B +0.94% 20 Cyclically Adjusted PB Ratio is 0.43 as of Aug. 05, 2026, which is 7% above its 10-year median of 0.40. GuruFocus rates HAM:V7B with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 696 Biotechnology companies, Assembly Biosciences ranks better than 77.01% on this metric.

As of today (2026-08-05), Assembly Biosciences's current share price is €21.50. Assembly Biosciences's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €49.91. Assembly Biosciences's Cyclically Adjusted PB Ratio for today is 0.43.

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

HAM:V7B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.4   Max: 5.22
Current: 0.43

During the past years, Assembly Biosciences's highest Cyclically Adjusted PB Ratio was 5.22. The lowest was 0.10. And the median was 0.40.

HAM:V7B's Cyclically Adjusted PB Ratio is ranked better than
77.01% of 696 companies
in the Biotechnology industry
Industry Median: 1.585 vs HAM:V7B: 0.43

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.

Assembly Biosciences's adjusted book value per share data for the three months ended in Mar. 2026 was €10.810. 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 €49.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assembly Biosciences  (HAM:V7B) 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.


Assembly Biosciences Cyclically Adjusted PB Ratio Related Terms


Assembly Biosciences Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Assembly Biosciences'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.

Assembly Biosciences Cyclically Adjusted PB Ratio Chart

Assembly Biosciences 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 0.32 0.19 0.13 0.23 0.56

Assembly Biosciences 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 0.14 0.28 0.40 0.56 0.47

HAM:V7B vs ZURA, ARVN, ARTV: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Assembly Biosciences'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.


Assembly Biosciences Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


HAM:V7B
20GF Score
Assembly Biosciences Inc HAM:V7B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Assembly Biosciences 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.

Assembly Biosciences's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.50/49.91
=0.43

* 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.

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

For example, Assembly Biosciences'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)
=10.81/330.2130*330.2130
=10.810

Current CPI (Mar. 2026) = 330.2130.

Assembly Biosciences Quarterly Data

Book Value per Share CPI Adj_Book
201606 62.369 241.018 85.450
201609 55.909 241.428 76.470
201612 52.696 241.432 72.074
201703 43.988 243.801 59.579
201706 34.773 244.955 46.876
201709 27.291 246.819 36.512
201712 56.964 246.524 76.302
201803 48.871 249.554 64.667
201806 44.395 251.989 58.176
201809 92.660 252.439 121.208
201812 87.136 251.233 114.529
201903 79.147 254.202 102.813
201906 72.352 256.143 93.274
201909 65.905 256.759 84.759
201912 90.636 256.974 116.468
202003 83.799 258.115 107.206
202006 86.759 257.797 111.130
202009 83.708 260.280 106.199
202012 69.730 260.474 88.399
202103 62.144 264.877 77.473
202106 52.738 271.696 64.097
202109 48.674 274.310 58.594
202112 37.282 278.802 44.157
202203 33.230 287.504 38.166
202206 29.103 296.311 32.433
202209 25.601 296.808 28.482
202212 19.150 296.797 21.306
202303 15.154 301.836 16.579
202306 11.603 305.109 12.558
202309 8.914 307.789 9.563
202312 6.873 306.746 7.399
202403 5.470 312.332 5.783
202406 5.077 314.175 5.336
202409 3.687 315.301 3.861
202412 4.272 315.605 4.470
202503 3.294 319.799 3.401
202506 2.045 322.561 2.094
202509 9.841 324.800 10.005
202512 11.136 324.054 11.348
202603 10.810 330.213 10.810

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 0.43 mean?
Assembly Biosciences (HAM:V7B) has a Cyclically Adjusted PB Ratio of 0.43 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 Assembly Biosciences and its competitors. This is near median its historical median of 0.40. Over the past decade, Assembly Biosciences' Cyclically Adjusted PB Ratio has ranged from 0.10 to 5.22. According to the industry distribution chart, Assembly Biosciences ranks #160 out of 696 companies in the Biotechnology industry, placing it in the top 23%.
Is Assembly Biosciences' Cyclically Adjusted PB Ratio too high?
Assembly Biosciences' current Cyclically Adjusted PB Ratio of 0.43 is near median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 5.22. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.59. Assembly Biosciences' value of 0.43 is 72.9% below this industry median. Based on the distribution chart, Assembly Biosciences ranks #160 out of 696 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Assembly Biosciences has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Assembly Biosciences' Cyclically Adjusted PB Ratio compare to ZURA and ARVN?
According to the Biotechnology industry distribution chart, Assembly Biosciences ranks #160 out of 696 companies for Cyclically Adjusted PB Ratio. This places Assembly Biosciences in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.59. Assembly Biosciences' value of 0.43 is 72.9% below this benchmark. Historically, Assembly Biosciences' own Cyclically Adjusted PB Ratio has ranged from 0.10 to 5.22 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.59, Assembly Biosciences 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. Assembly Biosciences's current Cyclically Adjusted PB Ratio of 0.43 is 72.9% 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 Assembly Biosciences 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. Assembly Biosciences's current Cyclically Adjusted PB Ratio is 0.43, which is near median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assembly Biosciences stock overvalued right now?
Assembly Biosciences (HAM:V7B) has a current Cyclically Adjusted PB Ratio of 0.43. The current Cyclically Adjusted PB Ratio is 0.43, which is near median its 10-year median of 0.40 and 72.9% below the Biotechnology industry median of 1.59. Assembly Biosciences' overall GF Score™ is 20/100 with 3 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 Assembly Biosciences (HAM:V7B), the current Cyclically Adjusted PB Ratio is 0.43 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.

Assembly Biosciences Business Description

Other Exchanges ASMB:USAV7B:Germany
Address Two Tower Place, 7th Floor, South San Francisco, CA, USA, 94080
Assembly Biosciences Inc is a clinical-stage biotechnology company. The Company's pipeline includes multiple clinical-stage investigational therapies, including: (1) two long-acting helicase-primase inhibitors (HPI) for the treatment of recurrent genital herpes; (2) an orally bioavailable hepatitis delta virus entry inhibitor; and (3) a potent next-generation capsid assembly modulator designed to disrupt the replication cycle of hepatitis B virus (HBV) at several key points. The Company's pipeline also includes a novel, oral broad-spectrum non-nucleoside polymerase inhibitor (NNPI) for the treatment of transplant-related herpesviruses.
20GF 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.

€21.50
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