Palatin Technologies (LTS:0KF3) Cyclically Adjusted PB Ratio: 0.08 (As of Sep. 22, 2026) — 91% Below Median

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LTS:0KF3 Palatin Technologies Inc LTS:0KF3
45 GF Score
Price $11.14
GF Value $51.03
Valuation Possible Value Trap
! 5 Warning Signs
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What is Palatin Technologies Cyclically Adjusted PB Ratio?

Palatin Technologies LTS:0KF3 +9.54% 45 Cyclically Adjusted PB Ratio is 0.08 as of Sep. 22, 2026, which is 91% below its 10-year median of 0.89. GuruFocus rates LTS:0KF3 with a GF Score™ of 45/100 and a GF Value™ of $51.03 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 679 Biotechnology companies, Palatin Technologies ranks better than 88.66% on this metric.

As of today (2026-09-22), Palatin Technologies's current share price is $11.14. Palatin Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $135.76. Palatin Technologies's Cyclically Adjusted PB Ratio for today is 0.08.

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

LTS:0KF3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.89   Max: 3.85
Current: 0.09

During the past years, Palatin Technologies's highest Cyclically Adjusted PB Ratio was 3.85. The lowest was 0.03. And the median was 0.89.

LTS:0KF3's Cyclically Adjusted PB Ratio is ranked better than
88.66% of 679 companies
in the Biotechnology industry
Industry Median: 1.57 vs LTS:0KF3: 0.09

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.

Palatin Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was $5.963. 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 $135.76 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Palatin Technologies  (LTS:0KF3) 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.


Palatin Technologies Cyclically Adjusted PB Ratio Related Terms


Palatin Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Palatin Technologies'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.

Palatin Technologies Cyclically Adjusted PB Ratio Chart

Palatin Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.40 4.95 7.08 8.53 10.51

Palatin Technologies 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 9.39 9.89 10.74 11.14 10.68

LTS:0KF3 vs BIVI, NCEL, KTTA: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Palatin Technologies'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.


Palatin Technologies Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


LTS:0KF3
45GF Score
Palatin Technologies Inc LTS:0KF3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palatin Technologies 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.

Palatin Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.14/135.764
=0.08

* 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.

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

For example, Palatin Technologies'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)
=5.963/330.2130*330.2130
=5.963

Current CPI (Mar. 2026) = 330.2130.

Palatin Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 -320.594 241.018 -439.238
201609 -293.153 241.428 -400.960
201612 -149.505 241.432 -204.482
201703 -162.697 243.801 -220.363
201706 -40.220 244.955 -54.219
201709 40.509 246.819 54.196
201712 61.587 246.524 82.494
201803 65.393 249.554 86.529
201806 168.065 251.989 220.237
201809 154.981 252.439 202.729
201812 130.130 251.233 171.039
201903 98.903 254.202 128.477
201906 554.136 256.143 714.378
201909 527.687 256.759 678.648
201912 498.348 256.974 640.380
202003 472.685 258.115 604.718
202006 437.131 257.797 559.922
202009 418.608 260.280 531.081
202012 368.614 260.474 467.306
202103 341.644 264.877 425.916
202106 269.786 271.696 327.892
202109 232.213 274.310 279.537
202112 189.884 278.802 224.899
202203 151.470 287.504 173.971
202206 87.736 296.311 97.774
202209 45.473 296.808 50.591
202212 78.920 296.797 87.806
202303 43.005 301.836 47.048
202306 -8.493 305.109 -9.192
202309 -20.462 307.789 -21.953
202312 -39.792 306.746 -42.836
202403 4.892 312.332 5.172
202406 -0.311 314.175 -0.327
202409 -19.658 315.301 -20.588
202412 -13.602 315.605 -14.232
202503 -11.183 319.799 -11.547
202506 -5.139 322.561 -5.261
202509 0.407 324.800 0.414
202512 6.525 324.054 6.649
202603 5.963 330.213 5.963

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 0.08 mean?
Palatin Technologies (LTS:0KF3) has a Cyclically Adjusted PB Ratio of 0.08 as of Sep. 22, 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 Palatin Technologies and its competitors. This is 91% below median its historical median of 0.89. Over the past decade, Palatin Technologies' Cyclically Adjusted PB Ratio has ranged from 0.03 to 3.85. According to the industry distribution chart, Palatin Technologies ranks #77 out of 679 companies in the Biotechnology industry, placing it in the top 11.3%.
Is Palatin Technologies' Cyclically Adjusted PB Ratio too high?
Palatin Technologies' current Cyclically Adjusted PB Ratio of 0.08 is 91% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 3.85. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.57. Palatin Technologies' value of 0.08 is 94.9% below this industry median. Based on the distribution chart, Palatin Technologies ranks #77 out of 679 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Palatin Technologies has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Palatin Technologies' Cyclically Adjusted PB Ratio compare to BIVI and NCEL?
According to the Biotechnology industry distribution chart, Palatin Technologies ranks #77 out of 679 companies for Cyclically Adjusted PB Ratio. This places Palatin Technologies in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.57. Palatin Technologies' value of 0.08 is 94.9% below this benchmark. Historically, Palatin Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.03 to 3.85 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 1.57, Palatin Technologies 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 1.57, based on 679 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. Palatin Technologies's current Cyclically Adjusted PB Ratio of 0.08 is 94.9% 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 Palatin Technologies and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palatin Technologies's current Cyclically Adjusted PB Ratio is 0.08, which is 91% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palatin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Palatin Technologies (LTS:0KF3) is currently considered Possible Value Trap. The stock's GF Value™ is $51.03, compared to a current price of $11.14 — trading 78.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.08, which is 91% below median its 10-year median of 0.89 and 94.9% below the Biotechnology industry median of 1.57. Palatin Technologies' overall GF Score™ is 45/100 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 Palatin Technologies (LTS:0KF3), the current Cyclically Adjusted PB Ratio is 0.08 as of Sep. 22, 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 Palatin Technologies (LTS:0KF3) Overvalued in 2026?

Based on GuruFocus' analysis, Palatin Technologies stock appears to be undervalued. The current stock price of $11.14 is trading 78.2% below its estimated GF Value™ of $51.03. GuruFocus considers Palatin Technologies to be Possible Value Trap.

Key valuation signals for LTS:0KF3:

  • Cyclically Adjusted PB Ratio: 0.08 (91% below median its 10-year median of 0.89)
  • GF Value™: $51.03 vs. price of $11.14 (78.2% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 94.9% below the Biotechnology median (#77 of 679)

No single metric tells the full story. See the LTS:0KF3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Palatin Technologies Business Description

Other Exchanges PTN:USA
Address 103 Carnegie Center Drive, Suite 300, Princeton, NJ, USA, 08852
Palatin Technologies Inc. is a biopharmaceutical company that develops receptor-specific peptide therapeutics based on molecules that modulate the melanocortin receptor system. Its pipeline targets diseases with unmet medical needs, with programs focused on melanocortin-1 receptor (MC1R) agonists for inflammatory and dermatologic conditions and melanocortin-4 receptor (MC4R) agonists for metabolic and other indications. The company's most commercially advanced product is bremelanotide, an MC4R agonist marketed as Vyleesi for hypoactive sexual desire disorder in premenopausal women, which was approved by the FDA in 2019 and is licensed to a commercial partner in the United States. Palatin operates in a single business segment, life sciences, and generates revenue primarily through licensing fees, milestone payments, royalties, and collaboration agreements rather than direct product sales. The company is headquartered in Cranbury, New Jersey, and its activities are concentrated in the United States.
45GF Score

Get the complete analysis for LTS:0KF3

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

$11.14
Price
$51.03
GF Value