Aclaris Therapeutics (LTS:0H8T) Cyclically Adjusted PB Ratio: 1.50 (As of Aug. 18, 2026) — 200% Above Median

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LTS:0H8T Aclaris Therapeutics Inc LTS:0H8T
36 GF Score
Price $5.82
GF Value $0.42
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Aclaris Therapeutics Cyclically Adjusted PB Ratio?

Aclaris Therapeutics LTS:0H8T +1.75% 36 Cyclically Adjusted PB Ratio is 1.50 as of Aug. 18, 2026, which is 200% above its 10-year median of 0.50. GuruFocus rates LTS:0H8T with a GF Score™ of 36/100 and a GF Value™ of $0.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 693 Biotechnology companies, Aclaris Therapeutics ranks better than 52.53% on this metric.

As of today (2026-08-18), Aclaris Therapeutics's current share price is $5.82. Aclaris Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.89. Aclaris Therapeutics's Cyclically Adjusted PB Ratio for today is 1.50.

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

LTS:0H8T' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.5   Max: 1.51
Current: 1.48

During the past years, Aclaris Therapeutics's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.26. And the median was 0.50.

LTS:0H8T's Cyclically Adjusted PB Ratio is ranked better than
52.53% of 693 companies
in the Biotechnology industry
Industry Median: 1.63 vs LTS:0H8T: 1.48

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.

Aclaris Therapeutics's adjusted book value per share data for the three months ended in Jun. 2026 was $0.891. 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 $3.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aclaris Therapeutics  (LTS:0H8T) 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.


Aclaris Therapeutics Cyclically Adjusted PB Ratio Related Terms


Aclaris Therapeutics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Aclaris Therapeutics'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.

Aclaris Therapeutics Cyclically Adjusted PB Ratio Chart

Aclaris Therapeutics 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 0.00 0.00 0.00 0.62 0.75

Aclaris Therapeutics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.35 0.46 0.75 0.94 1.35

LTS:0H8T vs FTH, AURA, CLYM: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Aclaris Therapeutics'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.


Aclaris Therapeutics Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


LTS:0H8T
36GF Score
Aclaris Therapeutics Inc LTS:0H8T
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Aclaris Therapeutics 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.

Aclaris Therapeutics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.82/3.89
=1.50

* 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.

Aclaris Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Aclaris Therapeutics's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.891/333.9520*333.9520
=0.891

Current CPI (Jun. 2026) = 333.9520.

Aclaris Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201609 3.787 241.428 5.238
201612 6.504 241.432 8.996
201703 6.142 243.801 8.413
201706 6.289 244.955 8.574
201709 7.921 246.819 10.717
201712 7.300 246.524 9.889
201803 6.487 249.554 8.681
201806 5.626 251.989 7.456
201809 4.722 252.439 6.247
201812 5.220 251.233 6.939
201903 4.416 254.202 5.801
201906 3.324 256.143 4.334
201909 2.061 256.759 2.681
201912 1.685 256.974 2.190
202003 1.402 258.115 1.814
202006 1.156 257.797 1.497
202009 0.950 260.280 1.219
202012 0.835 260.474 1.071
202103 2.156 264.877 2.718
202106 3.820 271.696 4.695
202109 3.537 274.310 4.306
202112 3.223 278.802 3.861
202203 2.919 287.504 3.391
202206 3.536 296.311 3.985
202209 3.297 296.808 3.710
202212 2.963 296.797 3.334
202303 2.631 301.836 2.911
202306 2.540 305.109 2.780
202309 2.208 307.789 2.396
202312 2.217 306.746 2.414
202403 1.993 312.332 2.131
202406 1.876 314.175 1.994
202409 1.822 315.301 1.930
202412 1.442 315.605 1.526
202503 1.331 319.799 1.390
202506 1.216 322.561 1.259
202509 1.109 324.800 1.140
202512 0.855 324.054 0.881
202603 1.029 330.213 1.041
202606 0.891 333.952 0.891

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 1.50 mean?
Aclaris Therapeutics (LTS:0H8T) has a Cyclically Adjusted PB Ratio of 1.50 as of Aug. 18, 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 Aclaris Therapeutics and its competitors. This is 200% above median its historical median of 0.50. Over the past decade, Aclaris Therapeutics' Cyclically Adjusted PB Ratio has ranged from 0.26 to 1.51. According to the industry distribution chart, Aclaris Therapeutics ranks #329 out of 693 companies in the Biotechnology industry, placing it in the top 47.5%.
Is Aclaris Therapeutics' Cyclically Adjusted PB Ratio too high?
Aclaris Therapeutics' current Cyclically Adjusted PB Ratio of 1.50 is 200% above median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.51. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. Aclaris Therapeutics' value of 1.50 is 8% below this industry median. Based on the distribution chart, Aclaris Therapeutics ranks #329 out of 693 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Aclaris Therapeutics has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aclaris Therapeutics' Cyclically Adjusted PB Ratio compare to FTH and AURA?
According to the Biotechnology industry distribution chart, Aclaris Therapeutics ranks #329 out of 693 companies for Cyclically Adjusted PB Ratio. This puts Aclaris Therapeutics in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Aclaris Therapeutics' value of 1.50 is 8% below this benchmark. Historically, Aclaris Therapeutics' own Cyclically Adjusted PB Ratio has ranged from 0.26 to 1.51 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 1.63, Aclaris Therapeutics 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 1.63, based on 693 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. Aclaris Therapeutics's current Cyclically Adjusted PB Ratio of 1.50 is 8% 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 Aclaris Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aclaris Therapeutics's current Cyclically Adjusted PB Ratio is 1.50, which is 200% above median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aclaris Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Aclaris Therapeutics (LTS:0H8T) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.42, compared to a current price of $5.82 — trading 1285.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is 200% above median its 10-year median of 0.50 and 8% below the Biotechnology industry median of 1.63. Aclaris Therapeutics' overall GF Score™ is 36/100 with 8 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 Aclaris Therapeutics (LTS:0H8T), the current Cyclically Adjusted PB Ratio is 1.50 as of Aug. 18, 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 Aclaris Therapeutics (LTS:0H8T) Overvalued in 2026?

Based on GuruFocus' analysis, Aclaris Therapeutics stock appears to be overvalued. The current stock price of $5.82 is trading 1285.7% above its estimated GF Value™ of $0.42. GuruFocus considers Aclaris Therapeutics to be Significantly Overvalued.

Key valuation signals for LTS:0H8T:

  • Cyclically Adjusted PB Ratio: 1.50 (200% above median its 10-year median of 0.50)
  • GF Value™: $0.42 vs. price of $5.82 (1285.7% above fair value)
  • GF Score™: 36/100 with 8 warning signs
  • Industry Position: 8% below the Biotechnology median (#329 of 693)

No single metric tells the full story. See the LTS:0H8T stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aclaris Therapeutics Business Description

Other Exchanges ACRS:USA8AT:Germany
Address 701 Lee Road, Suite 103, Wayne, PA, USA, 19087
Aclaris Therapeutics Inc is a clinical-stage biopharmaceutical company. It focuses on developing novel drug candidates for immuno-inflammatory diseases using its proprietary KINect drug discovery platform. The company's pipeline consists of the following key product candidates: Bosakitug (ATI-045), an investigational, novel, humanized anti-TSLP monoclonal antibody being developed for patients with severe asthma, COPD, and chronic rhinosinusitis with nasal polyps; ATI-2138, being developed for the potential treatment of T cell-mediated autoimmune diseases; and ATI-052 and ATI-9494. Additionally, it has an investigational product candidate, Lepzacitinib (ATI-1777), which is being focused upon as a potential treatment for atopic dermatitis and potentially other dermatologic conditions.
36GF 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.

$5.82
Price
$0.42
GF Value