Cambridge Cognition Holdings (LSE:COG) Cyclically Adjusted PB Ratio: 6.30 (As of Jul. 17, 2026) — 34% Below Median

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LSE:COG Cambridge Cognition Holdings PLC LSE:COG
48 GF Score
Price £0.32
GF Value £0.33
Valuation Fairly Valued
! 5 Warning Signs
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What is Cambridge Cognition Holdings Cyclically Adjusted PB Ratio?

Cambridge Cognition Holdings LSE:COG 48 Cyclically Adjusted PB Ratio is 6.30 as of Jul. 17, 2026, which is 34% below its 10-year median of 9.50. GuruFocus rates LSE:COG with a GF Score™ of 48/100 and a GF Value™ of £0.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 358 Healthcare Providers & Services companies, Cambridge Cognition Holdings ranks worse than 85.47% on this metric.

As of today (2026-07-17), Cambridge Cognition Holdings's current share price is £0.315. Cambridge Cognition Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was £0.05. Cambridge Cognition Holdings's Cyclically Adjusted PB Ratio for today is 6.30.

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

LSE:COG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.17   Med: 9.5   Max: 36.19
Current: 6.03

During the past 13 years, Cambridge Cognition Holdings's highest Cyclically Adjusted PB Ratio was 36.19. The lowest was 4.17. And the median was 9.50.

LSE:COG's Cyclically Adjusted PB Ratio is ranked worse than
85.47% of 358 companies
in the Healthcare Providers & Services industry
Industry Median: 1.87 vs LSE:COG: 6.03

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.

Cambridge Cognition Holdings's adjusted book value per share data of for the fiscal year that ended in Dec25 was £0.064. 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 £0.05 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cambridge Cognition Holdings  (LSE:COG) 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.


Cambridge Cognition Holdings Cyclically Adjusted PB Ratio Related Terms


Cambridge Cognition Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cambridge Cognition 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.

Cambridge Cognition Holdings Cyclically Adjusted PB Ratio Chart

Cambridge Cognition Holdings 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 23.46 15.81 8.35 6.76 5.36

Cambridge Cognition Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 8.35 0.00 6.76 0.00 5.36

LSE:COG vs VEEV, BTSG, TEM: Cyclically Adjusted PB Ratio Comparison

For the Health Information Services subindustry, Cambridge Cognition 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.


Cambridge Cognition Holdings Cyclically Adjusted PB Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Cambridge Cognition Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LSE:COG
48GF Score
Cambridge Cognition Holdings PLC LSE:COG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cambridge Cognition 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.315/0.05
=6.30

* 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.

Cambridge Cognition Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Cambridge Cognition Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.064/139.9000*139.9000
=0.064

Current CPI (Dec25) = 139.9000.

Cambridge Cognition Holdings Annual Data

Book Value per Share CPI Adj_Book
201612 0.142 102.200 0.194
201712 0.146 105.000 0.195
201812 -0.025 107.100 -0.033
201912 -0.039 108.500 -0.050
202012 0.002 109.400 0.003
202112 0.020 114.700 0.024
202212 0.003 125.300 0.003
202312 0.037 130.500 0.040
202412 0.080 135.100 0.083
202512 0.064 139.900 0.064

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 6.30 mean?
Cambridge Cognition Holdings (LSE:COG) has a Cyclically Adjusted PB Ratio of 6.30 as of Jul. 17, 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 Cambridge Cognition Holdings and its competitors. This is 34% below median its historical median of 9.50. Over the past decade, Cambridge Cognition Holdings' Cyclically Adjusted PB Ratio has ranged from 4.17 to 36.19. According to the industry distribution chart, Cambridge Cognition Holdings ranks #306 out of 358 companies in the Healthcare Providers & Services industry, placing it in the top 85.5%.
Is Cambridge Cognition Holdings' Cyclically Adjusted PB Ratio too high?
Cambridge Cognition Holdings' current Cyclically Adjusted PB Ratio of 6.30 is 34% below median its 10-year median of 9.50. Over the past 10 years, this metric has ranged from a low of 4.17 to a high of 36.19. The Healthcare Providers & Services industry median Cyclically Adjusted PB Ratio is 1.87. Cambridge Cognition Holdings' value of 6.30 is 236.9% above this industry median. Based on the distribution chart, Cambridge Cognition Holdings ranks #306 out of 358 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Cambridge Cognition Holdings has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cambridge Cognition Holdings' Cyclically Adjusted PB Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Cambridge Cognition Holdings ranks #306 out of 358 companies for Cyclically Adjusted PB Ratio. This places Cambridge Cognition Holdings in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.87. Cambridge Cognition Holdings' value of 6.30 is 236.9% above this benchmark. Historically, Cambridge Cognition Holdings' own Cyclically Adjusted PB Ratio has ranged from 4.17 to 36.19 over the past decade. While the company's 10-year median is 9.50 vs. the industry median of 1.87, Cambridge Cognition Holdings has consistently been above 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PB Ratio among Healthcare Providers & Services companies is 1.87, based on 358 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. Cambridge Cognition Holdings's current Cyclically Adjusted PB Ratio of 6.30 is 236.9% above 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 Cambridge Cognition Holdings and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PB Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cambridge Cognition Holdings's current Cyclically Adjusted PB Ratio is 6.30, which is 34% below median its own 10-year median of 9.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cambridge Cognition Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cambridge Cognition Holdings (LSE:COG) is currently considered Fairly Valued. The stock's GF Value™ is £0.33, compared to a current price of £0.32 — trading 4.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.30, which is 34% below median its 10-year median of 9.50 and 236.9% above the Healthcare Providers & Services industry median of 1.87. Cambridge Cognition Holdings' overall GF Score™ is 48/100 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 Cambridge Cognition Holdings (LSE:COG), the current Cyclically Adjusted PB Ratio is 6.30 as of Jul. 17, 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 Cambridge Cognition Holdings (LSE:COG) Overvalued in 2026?

Based on GuruFocus' analysis, Cambridge Cognition Holdings stock appears to be undervalued. The current stock price of £0.32 is trading 4.5% below its estimated GF Value™ of £0.33. GuruFocus considers Cambridge Cognition Holdings to be Fairly Valued.

Key valuation signals for LSE:COG:

  • Cyclically Adjusted PB Ratio: 6.30 (34% below median its 10-year median of 9.50)
  • GF Value™: £0.33 vs. price of £0.32 (4.5% below fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 236.9% above the Healthcare Providers & Services median (#306 of 358)

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


Cambridge Cognition Holdings Business Description

Other Exchanges 1M7:Germany
Address Tunbridge Lane, Tunbridge Court, Bottisham, Cambridge, GBR, CB25 9TU
Cambridge Cognition Holdings PLC is a neuroscience digital health company specializing in the measurement of clinical outcomes in neurological disorders. It develops and commercialises neuroscience technologies to assess cognitive function for sale across the world. The company's products include CANTAB web-based assessments, Electronic questionnaires and scales (eCOA), NeuroVocalix Winterlight, a voice analysis tool to assess cognitive changes, high-frequency testing kits, and Clinpal, among others. Its operating segments are: Clinical studies, which generate maximum revenue, Academic research, Professional Healthcare, and Consumer Health & Wellness. Geographically, the company generates maximum revenue from the USA, and the rest from the UK, the European Union, and the Rest of the world.
48GF Score

Get the complete analysis for LSE:COG

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

£0.32
Price
£0.33
GF Value