HYFT (MindWalk Holdings) Cyclically Adjusted PB Ratio: 1.08 (As of Aug. 03, 2026) — 30% Below Median

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HYFT MindWalk Holdings Corp HYFT
47 GF Score
Price $1.36
GF Value $0.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is MindWalk Holdings Cyclically Adjusted PB Ratio?

MindWalk Holdings HYFT +4.65% 47 Cyclically Adjusted PB Ratio is 1.08 as of Aug. 03, 2026, which is 30% below its 10-year median of 1.54. GuruFocus rates HYFT with a GF Score™ of 47/100 and a GF Value™ of $0.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 697 Biotechnology companies, MindWalk Holdings ranks better than 60.11% on this metric.

As of today (2026-08-03), MindWalk Holdings's current share price is $1.355. MindWalk Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was $1.26. MindWalk Holdings's Cyclically Adjusted PB Ratio for today is 1.08.

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

HYFT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.54   Max: 85
Current: 1.03

During the past years, MindWalk Holdings's highest Cyclically Adjusted PB Ratio was 85.00. The lowest was 0.31. And the median was 1.54.

HYFT's Cyclically Adjusted PB Ratio is ranked better than
60.11% of 697 companies
in the Biotechnology industry
Industry Median: 1.6 vs HYFT: 1.03

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.

MindWalk Holdings's adjusted book value per share data for the three months ended in Apr. 2026 was $0.183. 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 $1.26 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MindWalk Holdings  (NAS:HYFT) 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.


MindWalk Holdings Cyclically Adjusted PB Ratio Related Terms


MindWalk Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MindWalk Holdings'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.

MindWalk Holdings Cyclically Adjusted PB Ratio Chart

MindWalk Holdings Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 3.18 1.26 0.38 0.95

MindWalk Holdings 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 0.38 1.42 1.57 1.34 0.95

HYFT vs IMA, CING, CRDF: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, MindWalk Holdings'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.


MindWalk Holdings Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


HYFT
47GF Score
MindWalk Holdings Corp HYFT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MindWalk Holdings 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.

MindWalk Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.355/1.26
=1.08

* 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.

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

For example, MindWalk Holdings'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)
=0.183/333.0200*333.0200
=0.183

Current CPI (Apr. 2026) = 333.0200.

MindWalk Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 -0.286 241.018 -0.395
201609 0.080 241.428 0.110
201701 0.385 242.839 0.528
201704 0.298 244.524 0.406
201707 0.252 244.786 0.343
201710 0.891 246.663 1.203
201801 0.857 247.867 1.151
201804 0.899 250.546 1.195
201807 0.826 252.006 1.092
201810 1.183 252.885 1.558
201901 1.111 251.712 1.470
201904 0.994 255.548 1.295
201907 0.881 256.571 1.144
201910 0.814 257.346 1.053
202001 0.812 257.971 1.048
202004 0.768 256.389 0.998
202007 0.996 259.101 1.280
202010 1.403 260.388 1.794
202101 1.376 261.582 1.752
202104 2.377 267.054 2.964
202107 2.300 273.003 2.806
202110 2.113 276.589 2.544
202201 1.941 281.148 2.299
202204 2.436 289.109 2.806
202207 2.062 296.276 2.318
202210 1.809 298.012 2.022
202301 1.825 299.170 2.031
202304 1.711 303.363 1.878
202307 1.627 305.691 1.772
202310 1.515 307.671 1.640
202401 1.410 308.417 1.522
202404 0.968 313.548 1.028
202407 0.877 314.540 0.929
202410 0.784 315.664 0.827
202501 0.382 317.671 0.400
202504 0.366 320.795 0.380
202507 0.328 323.048 0.338
202510 0.274 0.000
202601 0.231 325.252 0.237
202604 0.183 333.020 0.183

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 1.08 mean?
MindWalk Holdings (HYFT) has a Cyclically Adjusted PB Ratio of 1.08 as of Aug. 03, 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 MindWalk Holdings and its competitors. This is 30% below median its historical median of 1.54. Over the past decade, MindWalk Holdings' Cyclically Adjusted PB Ratio has ranged from 0.31 to 85.00. According to the industry distribution chart, MindWalk Holdings ranks #278 out of 697 companies in the Biotechnology industry, placing it in the top 39.9%.
Is MindWalk Holdings' Cyclically Adjusted PB Ratio too high?
MindWalk Holdings' current Cyclically Adjusted PB Ratio of 1.08 is 30% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 85.00. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.60. MindWalk Holdings' value of 1.08 is 32.5% below this industry median. Based on the distribution chart, MindWalk Holdings ranks #278 out of 697 companies in the Biotechnology industry, which is above the industry midpoint. Overall, MindWalk Holdings has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MindWalk Holdings' Cyclically Adjusted PB Ratio compare to IMA and CING?
According to the Biotechnology industry distribution chart, MindWalk Holdings ranks #278 out of 697 companies for Cyclically Adjusted PB Ratio. This puts MindWalk Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.60. MindWalk Holdings' value of 1.08 is 32.5% below this benchmark. Historically, MindWalk Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.31 to 85.00 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.60, MindWalk Holdings 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 1.60, 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. MindWalk Holdings's current Cyclically Adjusted PB Ratio of 1.08 is 32.5% 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 MindWalk Holdings 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. MindWalk Holdings's current Cyclically Adjusted PB Ratio is 1.08, which is 30% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MindWalk Holdings stock overvalued right now?
Based on GuruFocus' analysis, MindWalk Holdings (HYFT) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.97, compared to a current price of $1.36 — trading 39.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.08, which is 30% below median its 10-year median of 1.54 and 32.5% below the Biotechnology industry median of 1.60. MindWalk Holdings' overall GF Score™ is 47/100 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 MindWalk Holdings (HYFT), the current Cyclically Adjusted PB Ratio is 1.08 as of Aug. 03, 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 MindWalk Holdings (HYFT) Overvalued in 2026?

Based on GuruFocus' analysis, MindWalk Holdings stock appears to be overvalued. The current stock price of $1.36 is trading 39.7% above its estimated GF Value™ of $0.97. GuruFocus considers MindWalk Holdings to be Significantly Overvalued.

Key valuation signals for HYFT:

  • Cyclically Adjusted PB Ratio: 1.08 (30% below median its 10-year median of 1.54)
  • GF Value™: $0.97 vs. price of $1.36 (39.7% above fair value)
  • GF Score™: 47/100 with 5 warning signs
  • Industry Position: 32.5% below the Biotechnology median (#278 of 697)

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


MindWalk Holdings Business Description

Other Exchanges TQB0:Germany
Address Industrious 823 Congress Avenue, Suite 300, Austin, TX, USA, 78701
MindWalk Holdings Corp is a Bio-Native AI company transforming drug discovery and development. Powered by patented HYFT technology and the LensAI platform, MindWalk unifies sequence, structure, function, and literature into a single computational language and closes the loop with an integrated, full-stack wet lab. The platform supports rapid epitope mapping, de novo molecular design, in silico vaccine exploration, and population-scale biologics analytics that help turn insights into validated candidates at speed.
47GF 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.

$1.36
Price
$0.97
GF Value