Qiagen NV (LTS:0RLT) Cyclically Adjusted PB Ratio: 2.35 (As of Aug. 02, 2026) — 22% Below Median

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LTS:0RLT Qiagen NV LTS:0RLT
68 GF Score
Price €35.73
GF Value €45.48
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Qiagen NV Cyclically Adjusted PB Ratio?

Qiagen NV LTS:0RLT -1.12% 68 Cyclically Adjusted PB Ratio is 2.35 as of Aug. 02, 2026, which is 22% below its 10-year median of 3.02. GuruFocus rates LTS:0RLT with a GF Score™ of 68/100 and a GF Value™ of €45.48 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 132 Medical Diagnostics & Research companies, Qiagen NV ranks worse than 65.91% on this metric.

As of today (2026-08-02), Qiagen NV's current share price is €35.725. Qiagen NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €15.17. Qiagen NV's Cyclically Adjusted PB Ratio for today is 2.35.

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

LTS:0RLT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.88   Med: 3.02   Max: 4.53
Current: 2.37

During the past years, Qiagen NV's highest Cyclically Adjusted PB Ratio was 4.53. The lowest was 1.88. And the median was 3.02.

LTS:0RLT's Cyclically Adjusted PB Ratio is ranked worse than
65.91% of 132 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.75 vs LTS:0RLT: 2.37

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.

Qiagen NV's adjusted book value per share data for the three months ended in Mar. 2026 was €13.973. 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 €15.17 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Qiagen NV  (LTS:0RLT) 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.


Qiagen NV Cyclically Adjusted PB Ratio Related Terms


Qiagen NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Qiagen NV'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.

Qiagen NV Cyclically Adjusted PB Ratio Chart

Qiagen NV 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 4.27 3.50 2.99 2.87 2.73

Qiagen NV 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 2.48 2.96 2.70 2.73 2.29

LTS:0RLT vs CRL, BLLN, TWST: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, Qiagen NV'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.


Qiagen NV Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Qiagen NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


LTS:0RLT
68GF Score
Qiagen NV LTS:0RLT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qiagen NV 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.

Qiagen NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.725/15.17
=2.35

* 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.

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

For example, Qiagen NV'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)
=13.973/136.9100*136.9100
=13.973

Current CPI (Mar. 2026) = 136.9100.

Qiagen NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.555 100.260 15.779
201609 11.753 100.570 16.000
201612 12.214 100.710 16.604
201703 11.139 101.440 15.034
201706 10.905 101.370 14.728
201709 10.618 102.030 14.248
201712 10.578 101.970 14.203
201803 10.276 102.470 13.730
201806 10.621 103.100 14.104
201809 10.686 103.950 14.074
201812 11.464 103.970 15.096
201903 11.342 105.370 14.737
201906 11.482 105.840 14.853
201909 11.042 106.700 14.168
201912 11.188 106.800 14.342
202003 11.031 106.850 14.134
202006 11.369 107.510 14.478
202009 11.232 107.880 14.254
202012 11.260 107.850 14.294
202103 11.698 108.870 14.711
202106 12.066 109.670 15.063
202109 12.578 110.790 15.543
202112 13.471 114.010 16.177
202203 14.438 119.460 16.547
202206 15.222 119.050 17.506
202209 16.476 126.890 17.777
202212 16.041 124.940 17.578
202303 16.281 124.720 17.872
202306 16.361 125.830 17.802
202309 16.930 127.160 18.228
202312 17.079 126.450 18.492
202403 16.162 128.580 17.209
202406 15.412 129.910 16.242
202409 15.494 131.610 16.118
202412 16.593 131.630 17.259
202503 15.323 133.330 15.734
202506 14.754 133.960 15.079
202509 15.094 135.920 15.204
202512 15.657 135.270 15.847
202603 13.973 136.910 13.973

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 2.35 mean?
Qiagen NV (LTS:0RLT) has a Cyclically Adjusted PB Ratio of 2.35 as of Aug. 02, 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 Qiagen NV and its competitors. This is 22% below median its historical median of 3.02. Over the past decade, Qiagen NV's Cyclically Adjusted PB Ratio has ranged from 1.88 to 4.53. According to the industry distribution chart, Qiagen NV ranks #87 out of 132 companies in the Medical Diagnostics & Research industry, placing it in the top 65.9%.
Is Qiagen NV's Cyclically Adjusted PB Ratio too high?
Qiagen NV's current Cyclically Adjusted PB Ratio of 2.35 is 22% below median its 10-year median of 3.02. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 4.53. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.75. Qiagen NV's value of 2.35 is 34.3% above this industry median. Based on the distribution chart, Qiagen NV ranks #87 out of 132 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Qiagen NV has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Qiagen NV's Cyclically Adjusted PB Ratio compare to CRL and BLLN?
According to the Medical Diagnostics & Research industry distribution chart, Qiagen NV ranks #87 out of 132 companies for Cyclically Adjusted PB Ratio. This places Qiagen NV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.75. Qiagen NV's value of 2.35 is 34.3% above this benchmark. Historically, Qiagen NV's own Cyclically Adjusted PB Ratio has ranged from 1.88 to 4.53 over the past decade. While the company's 10-year median is 3.02 vs. the industry median of 1.75, Qiagen NV 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PB Ratio among Medical Diagnostics & Research companies is 1.75, based on 132 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. Qiagen NV's current Cyclically Adjusted PB Ratio of 2.35 is 34.3% 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 Qiagen NV and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qiagen NV's current Cyclically Adjusted PB Ratio is 2.35, which is 22% below median its own 10-year median of 3.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qiagen NV stock overvalued right now?
Based on GuruFocus' analysis, Qiagen NV (LTS:0RLT) is currently considered Modestly Undervalued. The stock's GF Value™ is €45.48, compared to a current price of €35.73 — trading 21.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.35, which is 22% below median its 10-year median of 3.02 and 34.3% above the Medical Diagnostics & Research industry median of 1.75. Qiagen NV's overall GF Score™ is 68/100 with 2 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 Qiagen NV (LTS:0RLT), the current Cyclically Adjusted PB Ratio is 2.35 as of Aug. 02, 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 Qiagen NV (LTS:0RLT) Overvalued in 2026?

Based on GuruFocus' analysis, Qiagen NV stock appears to be undervalued. The current stock price of €35.73 is trading 21.4% below its estimated GF Value™ of €45.48. GuruFocus considers Qiagen NV to be Modestly Undervalued.

Key valuation signals for LTS:0RLT:

  • Cyclically Adjusted PB Ratio: 2.35 (22% below median its 10-year median of 3.02)
  • GF Value™: €45.48 vs. price of €35.73 (21.4% below fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 34.3% above the Medical Diagnostics & Research median (#87 of 132)

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


Qiagen NV Business Description

Address Hulsterweg 82, Venlo, LI, NLD, 5912 PL
Qiagen offers proprietary sample and assay technology to extract, purify, amplify, and interpret DNA, RNA, and proteins. The company's sales are split almost evenly between applications in life sciences and molecular diagnostics. Qiagen generates nearly 90% of its revenue from consumables with the balance coming from instrumentation and related services. The Americas account for the largest portion of the firm's revenue (52% of 2024 sales), followed by EMEA (33%), and the Asia-Pacific (15%).
68GF Score

Get the complete analysis for LTS:0RLT

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

€35.73
Price
€45.48
GF Value