Ultragenyx Pharmaceutical (LTS:0LIF) Cyclically Adjusted PB Ratio: 2.34 (As of Jul. 31, 2026) — 29% Below Median

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LTS:0LIF Ultragenyx Pharmaceutical Inc LTS:0LIF
65 GF Score
Price $25.26
GF Value $46.14
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio?

Ultragenyx Pharmaceutical LTS:0LIF +0.46% 65 Cyclically Adjusted PB Ratio is 2.34 as of Jul. 31, 2026, which is 29% below its 10-year median of 3.28. GuruFocus rates LTS:0LIF with a GF Score™ of 65/100 and a GF Value™ of $46.14 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 698 Biotechnology companies, Ultragenyx Pharmaceutical ranks worse than 60.17% on this metric.

As of today (2026-07-31), Ultragenyx Pharmaceutical's current share price is $25.2558. Ultragenyx Pharmaceutical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $10.80. Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio for today is 2.34.

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

LTS:0LIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.28   Max: 5.58
Current: 2.41

During the past years, Ultragenyx Pharmaceutical's highest Cyclically Adjusted PB Ratio was 5.58. The lowest was 1.75. And the median was 3.28.

LTS:0LIF's Cyclically Adjusted PB Ratio is ranked worse than
60.17% of 698 companies
in the Biotechnology industry
Industry Median: 1.58 vs LTS:0LIF: 2.41

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.

Ultragenyx Pharmaceutical's adjusted book value per share data for the three months ended in Mar. 2026 was $-2.400. 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 $10.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultragenyx Pharmaceutical  (LTS:0LIF) 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.


Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio Related Terms


Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ultragenyx Pharmaceutical'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.

Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio Chart

Ultragenyx Pharmaceutical 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 3.79 3.87 3.42 2.08

Ultragenyx Pharmaceutical 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 2.97 3.03 2.59 2.08 1.94

LTS:0LIF vs ATAI, QURE, KOD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Ultragenyx Pharmaceutical'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.


Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


LTS:0LIF
65GF Score
Ultragenyx Pharmaceutical Inc LTS:0LIF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultragenyx Pharmaceutical 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.

Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.2558/10.80
=2.34

* 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.

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

For example, Ultragenyx Pharmaceutical'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)
=-2.4/330.2130*330.2130
=-2.400

Current CPI (Mar. 2026) = 330.2130.

Ultragenyx Pharmaceutical Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.369 241.018 15.576
201609 11.382 241.428 15.568
201612 11.493 241.432 15.719
201703 11.555 243.801 15.651
201706 10.122 244.955 13.645
201709 8.604 246.819 11.511
201712 8.682 246.524 11.629
201803 14.571 249.554 19.281
201806 14.047 251.989 18.408
201809 13.112 252.439 17.152
201812 11.972 251.233 15.736
201903 15.474 254.202 20.101
201906 14.216 256.143 18.327
201909 12.593 256.759 16.196
201912 11.303 256.974 14.524
202003 10.240 258.115 13.100
202006 11.514 257.797 14.748
202009 10.954 260.280 13.897
202012 17.276 260.474 21.901
202103 15.638 264.877 19.495
202106 14.346 271.696 17.436
202109 13.738 274.310 16.538
202112 13.304 278.802 15.757
202203 11.411 287.504 13.106
202206 9.685 296.311 10.793
202209 6.690 296.808 7.443
202212 5.021 296.797 5.586
202303 3.120 301.836 3.413
202306 1.805 305.109 1.954
202309 0.439 307.789 0.471
202312 3.346 306.746 3.602
202403 1.688 312.332 1.785
202406 4.693 314.175 4.933
202409 3.757 315.301 3.935
202412 2.757 315.605 2.885
202503 1.536 319.799 1.586
202506 1.570 322.561 1.607
202509 0.095 324.800 0.097
202512 -0.829 324.054 -0.845
202603 -2.400 330.213 -2.400

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 2.34 mean?
Ultragenyx Pharmaceutical (LTS:0LIF) has a Cyclically Adjusted PB Ratio of 2.34 as of Jul. 31, 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 Ultragenyx Pharmaceutical and its competitors. This is 29% below median its historical median of 3.28. Over the past decade, Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio has ranged from 1.75 to 5.58. According to the industry distribution chart, Ultragenyx Pharmaceutical ranks #420 out of 698 companies in the Biotechnology industry, placing it in the top 60.2%.
Is Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio too high?
Ultragenyx Pharmaceutical's current Cyclically Adjusted PB Ratio of 2.34 is 29% below median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 5.58. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. Ultragenyx Pharmaceutical's value of 2.34 is 48.1% above this industry median. Based on the distribution chart, Ultragenyx Pharmaceutical ranks #420 out of 698 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Ultragenyx Pharmaceutical has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio compare to ATAI and QURE?
According to the Biotechnology industry distribution chart, Ultragenyx Pharmaceutical ranks #420 out of 698 companies for Cyclically Adjusted PB Ratio. This places Ultragenyx Pharmaceutical in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Ultragenyx Pharmaceutical's value of 2.34 is 48.1% above this benchmark. Historically, Ultragenyx Pharmaceutical's own Cyclically Adjusted PB Ratio has ranged from 1.75 to 5.58 over the past decade. While the company's 10-year median is 3.28 vs. the industry median of 1.58, Ultragenyx Pharmaceutical 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.58, based on 698 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. Ultragenyx Pharmaceutical's current Cyclically Adjusted PB Ratio of 2.34 is 48.1% 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 Ultragenyx Pharmaceutical and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultragenyx Pharmaceutical's current Cyclically Adjusted PB Ratio is 2.34, which is 29% below median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultragenyx Pharmaceutical stock overvalued right now?
Based on GuruFocus' analysis, Ultragenyx Pharmaceutical (LTS:0LIF) is currently considered Possible Value Trap. The stock's GF Value™ is $46.14, compared to a current price of $25.26 — trading 45.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.34, which is 29% below median its 10-year median of 3.28 and 48.1% above the Biotechnology industry median of 1.58. Ultragenyx Pharmaceutical's overall GF Score™ is 65/100 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 Ultragenyx Pharmaceutical (LTS:0LIF), the current Cyclically Adjusted PB Ratio is 2.34 as of Jul. 31, 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 Ultragenyx Pharmaceutical (LTS:0LIF) Overvalued in 2026?

Based on GuruFocus' analysis, Ultragenyx Pharmaceutical stock appears to be undervalued. The current stock price of $25.26 is trading 45.3% below its estimated GF Value™ of $46.14. GuruFocus considers Ultragenyx Pharmaceutical to be Possible Value Trap.

Key valuation signals for LTS:0LIF:

  • Cyclically Adjusted PB Ratio: 2.34 (29% below median its 10-year median of 3.28)
  • GF Value™: $46.14 vs. price of $25.26 (45.3% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 48.1% above the Biotechnology median (#420 of 698)

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


Ultragenyx Pharmaceutical Business Description

Address 60 Leveroni Court, Novato, CA, USA, 94949
Ultragenyx Pharmaceutical Inc is a USA-based biopharmaceutical company. The company identifies, acquires, develops, and commercializes novel products for the treatment of serious, rare, and ultra-rare diseases, with a focus on debilitating genetic conditions. Its medicine portfolio includes Crysvita, Dojolvi, and Mepsevii. Crysvita is indicated for the treatment of X-linked hypophosphatemia (XLH) in adult and pediatric patients aged one year and older. Mepsevii is indicated for pediatric and adult patients for the treatment of Mucopolysaccharidosis VII. The company operates across North America, Latin America, Europe, the Middle East and Africa, and Asia-Pacific, with the majority of its revenue generated from North America.
65GF Score

Get the complete analysis for LTS:0LIF

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

$25.26
Price
$46.14
GF Value