UroGen Pharma (LTS:0XOD) Cyclically Adjusted PB Ratio: 15.90 (As of Aug. 14, 2026) — 116% Above Median

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LTS:0XOD UroGen Pharma Ltd LTS:0XOD
54 GF Score
Price $49.13
GF Value $26.42
Valuation Significantly Overvalued
! 9 Warning Signs
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What is UroGen Pharma Cyclically Adjusted PB Ratio?

UroGen Pharma LTS:0XOD +2.72% 54 Cyclically Adjusted PB Ratio is 15.90 as of Aug. 14, 2026, which is 116% above its 10-year median of 7.35. GuruFocus rates LTS:0XOD with a GF Score™ of 54/100 and a GF Value™ of $26.42 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 692 Biotechnology companies, UroGen Pharma ranks worse than 92.2% on this metric.

As of today (2026-08-14), UroGen Pharma's current share price is $49.13. UroGen Pharma's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $3.09. UroGen Pharma's Cyclically Adjusted PB Ratio for today is 15.90.

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

LTS:0XOD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.37   Med: 7.35   Max: 15.99
Current: 15.97

During the past years, UroGen Pharma's highest Cyclically Adjusted PB Ratio was 15.99. The lowest was 5.37. And the median was 7.35.

LTS:0XOD's Cyclically Adjusted PB Ratio is ranked worse than
92.2% of 692 companies
in the Biotechnology industry
Industry Median: 1.62 vs LTS:0XOD: 15.97

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.

UroGen Pharma's adjusted book value per share data for the three months ended in Jun. 2026 was $-2.709. 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 $3.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


UroGen Pharma  (LTS:0XOD) 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.


UroGen Pharma Cyclically Adjusted PB Ratio Related Terms


UroGen Pharma Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for UroGen Pharma'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.

UroGen Pharma Cyclically Adjusted PB Ratio Chart

UroGen Pharma 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 0.00 0.00 0.00 7.32

UroGen Pharma 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 0.00 0.00 7.32 5.74 12.21

LTS:0XOD vs PVLA, AUPH, RAPP: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, UroGen Pharma'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.


UroGen Pharma Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


LTS:0XOD
54GF Score
UroGen Pharma Ltd LTS:0XOD
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UroGen Pharma 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.

UroGen Pharma's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.13/3.09
=15.90

* 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.

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

For example, UroGen Pharma'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)
=-2.709/333.9520*333.9520
=-2.709

Current CPI (Jun. 2026) = 333.9520.

UroGen Pharma Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 241.428 0.000
201612 1.487 241.432 2.057
201703 0.000 243.801 0.000
201706 5.693 244.955 7.761
201709 5.787 246.819 7.830
201712 4.983 246.524 6.750
201803 8.005 249.554 10.712
201806 7.163 251.989 9.493
201809 6.433 252.439 8.510
201812 5.556 251.233 7.385
201903 11.542 254.202 15.163
201906 10.781 256.143 14.056
201909 10.070 256.759 13.097
201912 8.575 256.974 11.144
202003 7.093 258.115 9.177
202006 6.484 257.797 8.399
202009 5.461 260.280 7.007
202012 4.347 260.474 5.573
202103 3.433 264.877 4.328
202106 2.517 271.696 3.094
202109 1.408 274.310 1.714
202112 0.375 278.802 0.449
202203 -0.753 287.504 -0.875
202206 -1.800 296.311 -2.029
202209 -2.750 296.808 -3.094
202212 -3.863 296.797 -4.347
202303 -4.972 301.836 -5.501
202306 -5.891 305.109 -6.448
202309 -1.361 307.789 -1.477
202312 -2.007 306.746 -2.185
202403 -1.111 312.332 -1.188
202406 0.736 314.175 0.782
202409 0.605 315.301 0.641
202412 -0.208 315.605 -0.220
202503 -1.008 319.799 -1.053
202506 -2.021 322.561 -2.092
202509 -2.467 324.800 -2.537
202512 -2.181 324.054 -2.248
202603 -2.551 330.213 -2.580
202606 -2.709 333.952 -2.709

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 15.90 mean?
UroGen Pharma (LTS:0XOD) has a Cyclically Adjusted PB Ratio of 15.90 as of Aug. 14, 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 UroGen Pharma and its competitors. This is 116% above median its historical median of 7.35. Over the past decade, UroGen Pharma's Cyclically Adjusted PB Ratio has ranged from 5.37 to 15.99. According to the industry distribution chart, UroGen Pharma ranks #638 out of 692 companies in the Biotechnology industry, placing it in the top 92.2%.
Is UroGen Pharma's Cyclically Adjusted PB Ratio too high?
UroGen Pharma's current Cyclically Adjusted PB Ratio of 15.90 is 116% above median its 10-year median of 7.35. Over the past 10 years, this metric has ranged from a low of 5.37 to a high of 15.99. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. UroGen Pharma's value of 15.90 is 881.5% above this industry median. Based on the distribution chart, UroGen Pharma ranks #638 out of 692 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, UroGen Pharma has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does UroGen Pharma's Cyclically Adjusted PB Ratio compare to PVLA and AUPH?
According to the Biotechnology industry distribution chart, UroGen Pharma ranks #638 out of 692 companies for Cyclically Adjusted PB Ratio. This places UroGen Pharma in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. UroGen Pharma's value of 15.90 is 881.5% above this benchmark. Historically, UroGen Pharma's own Cyclically Adjusted PB Ratio has ranged from 5.37 to 15.99 over the past decade. While the company's 10-year median is 7.35 vs. the industry median of 1.62, UroGen Pharma 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 692 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. UroGen Pharma's current Cyclically Adjusted PB Ratio of 15.90 is 881.5% 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 UroGen Pharma 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. UroGen Pharma's current Cyclically Adjusted PB Ratio is 15.90, which is 116% above median its own 10-year median of 7.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UroGen Pharma stock overvalued right now?
Based on GuruFocus' analysis, UroGen Pharma (LTS:0XOD) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.42, compared to a current price of $49.13 — trading 86% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 15.90, which is 116% above median its 10-year median of 7.35 and 881.5% above the Biotechnology industry median of 1.62. UroGen Pharma's overall GF Score™ is 54/100 with 9 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 UroGen Pharma (LTS:0XOD), the current Cyclically Adjusted PB Ratio is 15.90 as of Aug. 14, 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 UroGen Pharma (LTS:0XOD) Overvalued in 2026?

Based on GuruFocus' analysis, UroGen Pharma stock appears to be overvalued. The current stock price of $49.13 is trading 86% above its estimated GF Value™ of $26.42. GuruFocus considers UroGen Pharma to be Significantly Overvalued.

Key valuation signals for LTS:0XOD:

  • Cyclically Adjusted PB Ratio: 15.90 (116% above median its 10-year median of 7.35)
  • GF Value™: $26.42 vs. price of $49.13 (86% above fair value)
  • GF Score™: 54/100 with 9 warning signs
  • Industry Position: 881.5% above the Biotechnology median (#638 of 692)

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


UroGen Pharma Business Description

Other Exchanges URGN:USAUR8:Germany
Address 400 Alexander Park Drive, 4th Floor, Princeton, NJ, USA, 08540
UroGen Pharma Ltd is a clinical-stage biotechnology firm specializing in solutions for urothelial and specialty cancers. The company has developed RTGel reverse-thermal hydrogel, a proprietary technology enhancing the therapeutic profiles of existing drugs by enabling sustained release. The company's flagship product, Jelmyto (mitomycin) for pyelocalyceal solution, along with Zusduri (mitomycin) for intravesical solution, targets non-surgical tumor ablation in forms of non-muscle invasive urothelial cancer. The revenue source for the company comes from sales of the Company's approved products, Jelmyto and Zusduri, principally conducted in the United States.
54GF 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.

$49.13
Price
$26.42
GF Value