Arrowhead Pharmaceuticals (MEX:ARWR) Cyclically Adjusted PB Ratio: 23.23 (As of Aug. 09, 2026) — 110% Above Median

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MEX:ARWR Arrowhead Pharmaceuticals Inc MEX:ARWR
45 GF Score
Price MXN454.55
GF Value MXN312.20
! 6 Warning Signs
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What is Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio?

Arrowhead Pharmaceuticals MEX:ARWR 45 Cyclically Adjusted PB Ratio is 23.23 as of Aug. 09, 2026, which is 110% above its 10-year median of 11.05. GuruFocus rates MEX:ARWR with a GF Score™ of 45/100 and a GF Value™ of MXN312.20. The stock has 6 warning signs investors should review. Among 693 Biotechnology companies, Arrowhead Pharmaceuticals ranks worse than 95.38% on this metric.

As of today (2026-08-09), Arrowhead Pharmaceuticals's current share price is MXN454.55. Arrowhead Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN19.57. Arrowhead Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 23.23.

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

MEX:ARWR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 11.05   Max: 43.2
Current: 24.95

During the past years, Arrowhead Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 43.20. The lowest was 0.47. And the median was 11.05.

MEX:ARWR's Cyclically Adjusted PB Ratio is ranked worse than
95.38% of 693 companies
in the Biotechnology industry
Industry Median: 1.62 vs MEX:ARWR: 24.95

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.

Arrowhead Pharmaceuticals's adjusted book value per share data for the three months ended in Jun. 2026 was MXN57.555. 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 MXN19.57 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrowhead Pharmaceuticals  (MEX:ARWR) 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.


Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Arrowhead 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.

Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Arrowhead Pharmaceuticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.78 11.44 8.27 6.13 10.59

Arrowhead Pharmaceuticals 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 4.92 10.59 20.13 18.29 23.20

MEX:ARWR vs AXSM, MDGL, BMRN: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Arrowhead 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.


Arrowhead Pharmaceuticals Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


MEX:ARWR
45GF Score
Arrowhead Pharmaceuticals Inc MEX:ARWR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arrowhead 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=454.55/19.57
=23.23

* 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.

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

For example, Arrowhead Pharmaceuticals'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)
=57.555/333.9520*333.9520
=57.555

Current CPI (Jun. 2026) = 333.9520.

Arrowhead Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.497 241.428 36.652
201612 27.087 241.432 37.467
201703 23.644 243.801 32.387
201706 21.781 244.955 29.694
201709 19.759 246.819 26.734
201712 18.548 246.524 25.126
201803 23.707 249.554 31.725
201806 22.884 251.989 30.327
201809 20.246 252.439 26.783
201812 36.486 251.233 48.499
201903 41.227 254.202 54.161
201906 45.643 256.143 59.508
201909 50.559 256.759 65.759
201912 93.279 256.974 121.221
202003 113.871 258.115 147.328
202006 111.321 257.797 144.206
202009 99.644 260.280 127.848
202012 87.605 260.474 112.318
202103 87.555 264.877 110.388
202106 83.455 271.696 102.578
202109 80.575 274.310 98.094
202112 72.928 278.802 87.354
202203 85.193 287.504 98.956
202206 86.319 296.311 97.284
202209 75.653 296.808 85.121
202212 69.255 296.797 77.925
202303 75.355 301.836 83.373
202306 58.399 305.109 63.920
202309 44.044 307.789 47.788
202312 25.328 306.746 27.574
202403 64.682 312.332 69.159
202406 48.747 314.175 51.816
202409 29.358 315.301 31.095
202412 8.734 315.605 9.242
202503 101.255 319.799 105.736
202506 71.192 322.561 73.706
202509 63.001 324.800 64.776
202512 74.494 324.054 76.769
202603 78.762 330.213 79.654
202606 57.555 333.952 57.555

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 23.23 mean?
Arrowhead Pharmaceuticals (MEX:ARWR) has a Cyclically Adjusted PB Ratio of 23.23 as of Aug. 09, 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 Arrowhead Pharmaceuticals and its competitors. This is 110% above median its historical median of 11.05. Over the past decade, Arrowhead Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 0.47 to 43.20. According to the industry distribution chart, Arrowhead Pharmaceuticals ranks #661 out of 693 companies in the Biotechnology industry, placing it in the top 95.4%.
Is Arrowhead Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
Arrowhead Pharmaceuticals' current Cyclically Adjusted PB Ratio of 23.23 is 110% above median its 10-year median of 11.05. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 43.20. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Arrowhead Pharmaceuticals' value of 23.23 is 1334% above this industry median. Based on the distribution chart, Arrowhead Pharmaceuticals ranks #661 out of 693 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Arrowhead Pharmaceuticals has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Arrowhead Pharmaceuticals' Cyclically Adjusted PB Ratio compare to AXSM and MDGL?
According to the Biotechnology industry distribution chart, Arrowhead Pharmaceuticals ranks #661 out of 693 companies for Cyclically Adjusted PB Ratio. This places Arrowhead Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Arrowhead Pharmaceuticals' value of 23.23 is 1334% above this benchmark. Historically, Arrowhead Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 0.47 to 43.20 over the past decade. While the company's 10-year median is 11.05 vs. the industry median of 1.62, Arrowhead 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 Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 693 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. Arrowhead Pharmaceuticals's current Cyclically Adjusted PB Ratio of 23.23 is 1334% 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 Arrowhead Pharmaceuticals 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. Arrowhead Pharmaceuticals's current Cyclically Adjusted PB Ratio is 23.23, which is 110% above median its own 10-year median of 11.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arrowhead Pharmaceuticals stock overvalued right now?
Arrowhead Pharmaceuticals (MEX:ARWR) has a current Cyclically Adjusted PB Ratio of 23.23. The stock's GF Value™ is MXN312.20, compared to a current price of MXN454.55 — trading 45.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 23.23, which is 110% above median its 10-year median of 11.05 and 1334% above the Biotechnology industry median of 1.62. Arrowhead Pharmaceuticals' overall GF Score™ is 45/100 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 Arrowhead Pharmaceuticals (MEX:ARWR), the current Cyclically Adjusted PB Ratio is 23.23 as of Aug. 09, 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 Arrowhead Pharmaceuticals (MEX:ARWR) Overvalued in 2026?

Based on GuruFocus' analysis, Arrowhead Pharmaceuticals stock appears to be overvalued. The current stock price of MXN454.55 is trading 45.6% above its estimated GF Value™ of MXN312.20.

Key valuation signals for MEX:ARWR:

  • Cyclically Adjusted PB Ratio: 23.23 (110% above median its 10-year median of 11.05)
  • GF Value™: MXN312.20 vs. price of MXN454.55 (45.6% above fair value)
  • GF Score™: 45/100 with 6 warning signs
  • Industry Position: 1334% above the Biotechnology median (#661 of 693)

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


Arrowhead Pharmaceuticals Business Description

Address 177 E Colorado Boulevard, Suite 700, Pasadena, CA, USA, 91105
Arrowhead Pharmaceuticals Inc is a commercial-stage pharmaceutical company. It is focused on the development of medicines for diseases associated with genetic abnormalities or protein overproduction. The company develops potential RNAi therapies designed to inhibit the expression of genes known to trigger diseases. Its portfolio includes potential drugs targeting Cardiometabolic, Neuromuscular, Pulmonary, Liver, and other diseases. The company also develops RNAi products and clinical candidates designed to target different cell types within the body.
45GF Score

Get the complete analysis for MEX:ARWR

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

MXN454.55
Price
MXN312.20
GF Value