TG Therapeutics (LTS:0VGI) Cyclically Adjusted PB Ratio: 52.02 (As of Sep. 04, 2026) — 234% Above Median

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LTS:0VGI TG Therapeutics Inc LTS:0VGI
80 GF Score
Price $56.70
GF Value $57.54
Valuation Fairly Valued
! 6 Warning Signs
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What is TG Therapeutics Cyclically Adjusted PB Ratio?

TG Therapeutics LTS:0VGI 80 Cyclically Adjusted PB Ratio is 52.02 as of Sep. 04, 2026, which is 234% above its 10-year median of 15.56. GuruFocus rates LTS:0VGI with a GF Score™ of 80/100 and a GF Value™ of $57.54 (Fairly Valued). The stock has 6 warning signs investors should review. Among 684 Biotechnology companies, TG Therapeutics ranks worse than 97.37% on this metric.

As of today (2026-09-04), TG Therapeutics's current share price is $56.70. TG Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.09. TG Therapeutics's Cyclically Adjusted PB Ratio for today is 52.02.

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

LTS:0VGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.77   Med: 15.56   Max: 35.56
Current: 34.73

During the past years, TG Therapeutics's highest Cyclically Adjusted PB Ratio was 35.56. The lowest was 2.77. And the median was 15.56.

LTS:0VGI's Cyclically Adjusted PB Ratio is ranked worse than
97.37% of 684 companies
in the Biotechnology industry
Industry Median: 1.615 vs LTS:0VGI: 34.73

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.

TG Therapeutics's adjusted book value per share data for the three months ended in Jun. 2026 was $3.946. 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 $1.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TG Therapeutics  (LTS:0VGI) 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.


TG Therapeutics Cyclically Adjusted PB Ratio Related Terms


TG Therapeutics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TG 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.

TG Therapeutics Cyclically Adjusted PB Ratio Chart

TG 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 12.99 7.85 11.31 20.51 19.88

TG 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 25.15 24.69 19.88 21.21 33.65

LTS:0VGI vs IMVT, SYRE, IBRX: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, TG 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.


TG Therapeutics Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


LTS:0VGI
80GF Score
TG Therapeutics Inc LTS:0VGI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TG 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.70/1.09
=52.02

* 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.

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

For example, TG 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)
=3.946/333.9520*333.9520
=3.946

Current CPI (Jun. 2026) = 333.9520.

TG Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.037 241.428 1.434
201612 0.632 241.432 0.874
201703 1.513 243.801 2.072
201706 1.145 244.955 1.561
201709 1.126 246.819 1.524
201712 0.916 246.524 1.241
201803 1.106 249.554 1.480
201806 1.229 251.989 1.629
201809 0.865 252.439 1.144
201812 0.287 251.233 0.381
201903 0.217 254.202 0.285
201906 0.141 256.143 0.184
201909 -0.267 256.759 -0.347
201912 0.353 256.974 0.459
202003 -0.012 258.115 -0.016
202006 1.534 257.797 1.987
202009 1.324 260.280 1.699
202012 3.694 260.474 4.736
202103 3.147 264.877 3.968
202106 2.682 271.696 3.297
202109 2.179 274.310 2.653
202112 1.656 278.802 1.984
202203 1.179 287.504 1.369
202206 0.889 296.311 1.002
202209 0.691 296.808 0.777
202212 0.400 296.797 0.450
202303 0.184 301.836 0.204
202306 0.268 305.109 0.293
202309 1.088 307.789 1.180
202312 1.060 306.746 1.154
202403 1.036 312.332 1.108
202406 1.147 314.175 1.219
202409 1.234 315.301 1.307
202412 1.427 315.605 1.510
202503 1.500 319.799 1.566
202506 1.749 322.561 1.811
202509 3.912 324.800 4.022
202512 4.173 324.054 4.300
202603 3.809 330.213 3.852
202606 3.946 333.952 3.946

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 52.02 mean?
TG Therapeutics (LTS:0VGI) has a Cyclically Adjusted PB Ratio of 52.02 as of Sep. 04, 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 TG Therapeutics and its competitors. This is 234% above median its historical median of 15.56. Over the past decade, TG Therapeutics' Cyclically Adjusted PB Ratio has ranged from 2.77 to 35.56. According to the industry distribution chart, TG Therapeutics ranks #666 out of 684 companies in the Biotechnology industry, placing it in the top 97.4%.
Is TG Therapeutics' Cyclically Adjusted PB Ratio too high?
TG Therapeutics' current Cyclically Adjusted PB Ratio of 52.02 is 234% above median its 10-year median of 15.56. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 35.56. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. TG Therapeutics' value of 52.02 is 3121.1% above this industry median. Based on the distribution chart, TG Therapeutics ranks #666 out of 684 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, TG Therapeutics has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TG Therapeutics' Cyclically Adjusted PB Ratio compare to IMVT and SYRE?
According to the Biotechnology industry distribution chart, TG Therapeutics ranks #666 out of 684 companies for Cyclically Adjusted PB Ratio. This places TG Therapeutics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. TG Therapeutics' value of 52.02 is 3121.1% above this benchmark. Historically, TG Therapeutics' own Cyclically Adjusted PB Ratio has ranged from 2.77 to 35.56 over the past decade. While the company's 10-year median is 15.56 vs. the industry median of 1.62, TG Therapeutics 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 1.62, based on 684 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. TG Therapeutics's current Cyclically Adjusted PB Ratio of 52.02 is 3121.1% 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 TG Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TG Therapeutics's current Cyclically Adjusted PB Ratio is 52.02, which is 234% above median its own 10-year median of 15.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TG Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, TG Therapeutics (LTS:0VGI) is currently considered Fairly Valued. The stock's GF Value™ is $57.54, compared to a current price of $56.70 — trading 1.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 52.02, which is 234% above median its 10-year median of 15.56 and 3121.1% above the Biotechnology industry median of 1.62. TG Therapeutics' overall GF Score™ is 80/100 with 6 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 TG Therapeutics (LTS:0VGI), the current Cyclically Adjusted PB Ratio is 52.02 as of Sep. 04, 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 TG Therapeutics (LTS:0VGI) Overvalued in 2026?

Based on GuruFocus' analysis, TG Therapeutics stock appears to be undervalued. The current stock price of $56.70 is trading 1.5% below its estimated GF Value™ of $57.54. GuruFocus considers TG Therapeutics to be Fairly Valued.

Key valuation signals for LTS:0VGI:

  • Cyclically Adjusted PB Ratio: 52.02 (234% above median its 10-year median of 15.56)
  • GF Value™: $57.54 vs. price of $56.70 (1.5% below fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 3121.1% above the Biotechnology median (#666 of 684)

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


TG Therapeutics Business Description

Address 3020 Carrington Mill Boulevard, Suite 475, Morrisville, NC, USA, 27560
TG Therapeutics Inc is a fully integrated, commercial-stage biotechnology company focused on acquiring, developing, and commercializing novel treatments for B-cell diseases. In addition to a research pipeline, TG Therapeutics has received approval from the U.S. Food and Drug Administration (FDA) for BRIUMVI (ublituximab-xiiy) to treat adult patients with relapsing forms of multiple sclerosis (RMS), including clinically isolated syndrome, relapsing-remitting disease, and active secondary progressive disease, as well as approval from several regulatory agencies outside of the U.S. for BRIUMVI to treat adult patients with RMS who have active disease defined by clinical or imaging features.
80GF 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.

$56.70
Price
$57.54
GF Value