Supernus Pharmaceuticals (LTS:0LB2) Cyclically Adjusted PB Ratio: 3.41 (As of Jul. 17, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0LB2 Supernus Pharmaceuticals Inc LTS:0LB2
88 GF Score
Price $47.48
GF Value $40.26
Valuation Modestly Overvalued
View Full Analysis

What is Supernus Pharmaceuticals Cyclically Adjusted PB Ratio?

Supernus Pharmaceuticals LTS:0LB2 88 Cyclically Adjusted PB Ratio is 3.41 as of Jul. 17, 2026, which is 14% below its 10-year median of 3.95. GuruFocus rates LTS:0LB2 with a GF Score™ of 88/100 and a GF Value™ of $40.26 (Modestly Overvalued). Among 759 Drug Manufacturers companies, Supernus Pharmaceuticals ranks worse than 69.04% on this metric.

As of today (2026-07-17), Supernus Pharmaceuticals's current share price is $47.48. Supernus Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $13.93. Supernus Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 3.41.

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

LTS:0LB2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.33   Med: 3.95   Max: 7.69
Current: 3.3

During the past years, Supernus Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 7.69. The lowest was 2.33. And the median was 3.95.

LTS:0LB2's Cyclically Adjusted PB Ratio is ranked worse than
69.04% of 759 companies
in the Drug Manufacturers industry
Industry Median: 1.83 vs LTS:0LB2: 3.30

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.

Supernus Pharmaceuticals's adjusted book value per share data for the three months ended in Mar. 2026 was $18.553. 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 $13.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Supernus Pharmaceuticals  (LTS:0LB2) 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.


Supernus Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


Supernus Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Supernus Pharmaceuticals'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.

Supernus Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Supernus Pharmaceuticals 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 4.55 4.31 2.86 3.00 3.56

Supernus Pharmaceuticals 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 2.60 2.40 3.52 3.56 3.54

LTS:0LB2 vs BCRX, PBH, RGC: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Supernus Pharmaceuticals'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.


Supernus Pharmaceuticals Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Supernus Pharmaceuticals's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0LB2
88GF Score
Supernus Pharmaceuticals Inc LTS:0LB2
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Supernus Pharmaceuticals 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.

Supernus Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.48/13.93
=3.41

* 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.

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

For example, Supernus Pharmaceuticals'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)
=18.553/330.2130*330.2130
=18.553

Current CPI (Mar. 2026) = 330.2130.

Supernus Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201606 2.848 241.018 3.902
201609 3.500 241.428 4.787
201612 3.837 241.432 5.248
201703 4.103 243.801 5.557
201706 4.522 244.955 6.096
201709 4.909 246.819 6.568
201712 5.213 246.524 6.983
201803 6.815 249.554 9.018
201806 7.484 251.989 9.807
201809 8.074 252.439 10.562
201812 8.659 251.233 11.381
201903 9.165 254.202 11.906
201906 9.970 256.143 12.853
201909 10.622 256.759 13.661
201912 11.334 256.974 14.564
202003 11.675 258.115 14.936
202006 12.655 257.797 16.210
202009 13.459 260.280 17.075
202012 14.089 260.474 17.861
202103 14.236 264.877 17.748
202106 14.782 271.696 17.966
202109 15.240 274.310 18.346
202112 15.319 278.802 18.144
202203 15.518 287.504 17.823
202206 15.730 296.311 17.530
202209 15.777 296.808 17.553
202212 16.334 296.797 18.173
202303 16.746 301.836 18.320
202306 16.850 305.109 18.236
202309 16.697 307.789 17.913
202312 16.840 306.746 18.128
202403 16.905 312.332 17.873
202406 17.394 314.175 18.282
202409 18.239 315.301 19.102
202412 18.581 315.605 19.441
202503 18.409 319.799 19.008
202506 18.958 322.561 19.408
202509 18.377 324.800 18.683
202512 18.478 324.054 18.829
202603 18.553 330.213 18.553

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 3.41 mean?
Supernus Pharmaceuticals (LTS:0LB2) has a Cyclically Adjusted PB Ratio of 3.41 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 Supernus Pharmaceuticals and its competitors. This is 14% below median its historical median of 3.95. Over the past decade, Supernus Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 2.33 to 7.69. According to the industry distribution chart, Supernus Pharmaceuticals ranks #524 out of 759 companies in the Drug Manufacturers industry, placing it in the top 69%.
Is Supernus Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
Supernus Pharmaceuticals' current Cyclically Adjusted PB Ratio of 3.41 is 14% below median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 7.69. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.83. Supernus Pharmaceuticals' value of 3.41 is 86.3% above this industry median. Based on the distribution chart, Supernus Pharmaceuticals ranks #524 out of 759 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Supernus Pharmaceuticals has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Supernus Pharmaceuticals' Cyclically Adjusted PB Ratio compare to BCRX and PBH?
According to the Drug Manufacturers industry distribution chart, Supernus Pharmaceuticals ranks #524 out of 759 companies for Cyclically Adjusted PB Ratio. This places Supernus Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.83. Supernus Pharmaceuticals' value of 3.41 is 86.3% above this benchmark. Historically, Supernus Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 2.33 to 7.69 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 1.83, Supernus Pharmaceuticals 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.83, based on 759 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. Supernus Pharmaceuticals's current Cyclically Adjusted PB Ratio of 3.41 is 86.3% 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 Supernus Pharmaceuticals and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Supernus Pharmaceuticals's current Cyclically Adjusted PB Ratio is 3.41, which is 14% below median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supernus Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Supernus Pharmaceuticals (LTS:0LB2) is currently considered Modestly Overvalued. The stock's GF Value™ is $40.26, compared to a current price of $47.48 — trading 17.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.41, which is 14% below median its 10-year median of 3.95 and 86.3% above the Drug Manufacturers industry median of 1.83. Supernus Pharmaceuticals' overall GF Score™ is 88/100. 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 Supernus Pharmaceuticals (LTS:0LB2), the current Cyclically Adjusted PB Ratio is 3.41 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 Supernus Pharmaceuticals (LTS:0LB2) Overvalued in 2026?

Based on GuruFocus' analysis, Supernus Pharmaceuticals stock appears to be overvalued. The current stock price of $47.48 is trading 17.9% above its estimated GF Value™ of $40.26. GuruFocus considers Supernus Pharmaceuticals to be Modestly Overvalued.

Key valuation signals for LTS:0LB2:

  • Cyclically Adjusted PB Ratio: 3.41 (14% below median its 10-year median of 3.95)
  • GF Value™: $40.26 vs. price of $47.48 (17.9% above fair value)
  • GF Score™: 88/100
  • Industry Position: 86.3% above the Drug Manufacturers median (#524 of 759)

No single metric tells the full story. See the LTS:0LB2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Supernus Pharmaceuticals Business Description

Other Exchanges SUPN:USAS49:Germany
Address 9715 Key West Avenue, Rockville, MD, USA, 20850
Supernus Pharmaceuticals Inc is a specialty pharmaceutical company. The company is engaged in developing and commercializing products for the treatment of central nervous system diseases, including neurological and psychiatric disorders. Its diverse neuroscience portfolio includes approved treatments for epilepsy, migraine, attention-deficit hyperactivity disorder (ADHD), hypomobility in Parkinson's Disease (PD), cervical dystonia, chronic sialorrhea, dyskinesia in PD patients receiving levodopa-based therapy, and drug-induced extrapyramidal reactions in adult patients. The company's products include Trokendi XR, Oxtellar XR, Qelbree, APOKYN, XADAGO, MYOBLOC, GOCOVRI, Osmolex ER, and others.
88GF Score

Get the complete analysis for LTS:0LB2

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

$47.48
Price
$40.26
GF Value