NeoGenomics (MEX:NEO) Cyclically Adjusted PB Ratio: 0.92 (As of Jul. 20, 2026) — 92% Below Median

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MEX:NEO NeoGenomics Inc MEX:NEO
62 GF Score
Price MXN176.40
GF Value MXN479.15
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is NeoGenomics Cyclically Adjusted PB Ratio?

NeoGenomics MEX:NEO 62 Cyclically Adjusted PB Ratio is 0.92 as of Jul. 20, 2026, which is 92% below its 10-year median of 11.35. GuruFocus rates MEX:NEO with a GF Score™ of 62/100 and a GF Value™ of MXN479.15 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 136 Medical Diagnostics & Research companies, NeoGenomics ranks worse than 56.62% on this metric.

As of today (2026-07-20), NeoGenomics's current share price is MXN176.40. NeoGenomics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN192.29. NeoGenomics's Cyclically Adjusted PB Ratio for today is 0.92.

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

MEX:NEO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 11.35   Max: 28.25
Current: 2.23

During the past years, NeoGenomics's highest Cyclically Adjusted PB Ratio was 28.25. The lowest was 0.84. And the median was 11.35.

MEX:NEO's Cyclically Adjusted PB Ratio is ranked worse than
56.62% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.8 vs MEX:NEO: 2.23

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.

NeoGenomics's adjusted book value per share data for the three months ended in Mar. 2026 was MXN115.267. 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 MXN192.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


NeoGenomics  (MEX:NEO) 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.


NeoGenomics Cyclically Adjusted PB Ratio Related Terms


NeoGenomics Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for NeoGenomics'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.

NeoGenomics Cyclically Adjusted PB Ratio Chart

NeoGenomics 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 10.85 2.23 3.24 2.87 1.85

NeoGenomics 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 1.59 1.19 1.22 1.85 1.13

MEX:NEO vs WGS, CDNA, PSNL: Cyclically Adjusted PB Ratio Comparison

For the Diagnostics & Research subindustry, NeoGenomics'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.


NeoGenomics Cyclically Adjusted PB Ratio vs Medical Diagnostics & Research Industry

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

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


MEX:NEO
62GF Score
NeoGenomics Inc MEX:NEO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NeoGenomics 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.

NeoGenomics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=176.40/192.29
=0.92

* 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.

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

For example, NeoGenomics'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)
=115.267/330.2130*330.2130
=115.267

Current CPI (Mar. 2026) = 330.2130.

NeoGenomics Quarterly Data

Book Value per Share CPI Adj_Book
201606 48.354 241.018 66.249
201609 49.461 241.428 67.650
201612 42.961 241.432 58.759
201703 40.076 243.801 54.280
201706 38.480 244.955 51.873
201709 38.292 246.819 51.230
201712 41.973 246.524 56.222
201803 38.908 249.554 51.484
201806 39.526 251.989 51.796
201809 61.067 252.439 79.881
201812 66.606 251.233 87.545
201903 65.915 254.202 85.625
201906 90.599 256.143 116.798
201909 94.213 256.759 121.166
201912 91.331 256.974 117.361
202003 112.360 258.115 143.745
202006 136.788 257.797 175.212
202009 132.606 260.280 168.235
202012 123.229 260.474 156.222
202103 147.232 264.877 183.549
202106 186.285 271.696 226.406
202109 189.779 274.310 228.455
202112 183.189 278.802 216.969
202203 171.617 287.504 197.111
202206 167.039 296.311 186.151
202209 160.998 296.808 179.118
202212 153.312 296.797 170.573
202303 138.087 301.836 151.069
202306 128.931 305.109 139.539
202309 129.680 307.789 139.128
202312 125.477 306.746 135.076
202403 120.259 312.332 127.144
202406 131.239 314.175 137.938
202409 139.643 315.301 146.247
202412 146.856 315.605 153.653
202503 141.578 319.799 146.188
202506 124.966 322.561 127.931
202509 119.314 324.800 121.302
202512 116.777 324.054 118.996
202603 115.267 330.213 115.267

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 0.92 mean?
NeoGenomics (MEX:NEO) has a Cyclically Adjusted PB Ratio of 0.92 as of Jul. 20, 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 NeoGenomics and its competitors. This is 92% below median its historical median of 11.35. Over the past decade, NeoGenomics' Cyclically Adjusted PB Ratio has ranged from 0.84 to 28.25. According to the industry distribution chart, NeoGenomics ranks #77 out of 136 companies in the Medical Diagnostics & Research industry, placing it in the top 56.6%.
Is NeoGenomics' Cyclically Adjusted PB Ratio too high?
NeoGenomics' current Cyclically Adjusted PB Ratio of 0.92 is 92% below median its 10-year median of 11.35. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 28.25. The Medical Diagnostics & Research industry median Cyclically Adjusted PB Ratio is 1.80. NeoGenomics' value of 0.92 is 48.9% below this industry median. Based on the distribution chart, NeoGenomics ranks #77 out of 136 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, NeoGenomics has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NeoGenomics' Cyclically Adjusted PB Ratio compare to WGS and CDNA?
According to the Medical Diagnostics & Research industry distribution chart, NeoGenomics ranks #77 out of 136 companies for Cyclically Adjusted PB Ratio. This places NeoGenomics in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.80. NeoGenomics' value of 0.92 is 48.9% below this benchmark. Historically, NeoGenomics' own Cyclically Adjusted PB Ratio has ranged from 0.84 to 28.25 over the past decade. While the company's 10-year median is 11.35 vs. the industry median of 1.80, NeoGenomics has consistently been below 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 1.80, based on 136 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. NeoGenomics's current Cyclically Adjusted PB Ratio of 0.92 is 48.9% below 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 NeoGenomics and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PB Ratio is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NeoGenomics's current Cyclically Adjusted PB Ratio is 0.92, which is 92% below median its own 10-year median of 11.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NeoGenomics stock overvalued right now?
Based on GuruFocus' analysis, NeoGenomics (MEX:NEO) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN479.15, compared to a current price of MXN176.40 — trading 63.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.92, which is 92% below median its 10-year median of 11.35 and 48.9% below the Medical Diagnostics & Research industry median of 1.80. NeoGenomics' overall GF Score™ is 62/100 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 NeoGenomics (MEX:NEO), the current Cyclically Adjusted PB Ratio is 0.92 as of Jul. 20, 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 NeoGenomics (MEX:NEO) Overvalued in 2026?

Based on GuruFocus' analysis, NeoGenomics stock appears to be undervalued. The current stock price of MXN176.40 is trading 63.2% below its estimated GF Value™ of MXN479.15. GuruFocus considers NeoGenomics to be Significantly Undervalued.

Key valuation signals for MEX:NEO:

  • Cyclically Adjusted PB Ratio: 0.92 (92% below median its 10-year median of 11.35)
  • GF Value™: MXN479.15 vs. price of MXN176.40 (63.2% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 48.9% below the Medical Diagnostics & Research median (#77 of 136)

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


NeoGenomics Business Description

Other Exchanges NEO:USANG9:Germany
Address 9490 NeoGenomics Way, Fort Myers, FL, USA, 33912
NeoGenomics Inc provides oncology diagnostic testing and consultative services which include technical laboratory services and professional interpretation of laboratory test results by licensed physicians or molecular experts in pathology and oncology. The company operates a network of cancer-focused testing laboratories in the United States and the United Kingdom. The company operates in a single segment and derives revenue from clients by providing clinical cancer testing, interpretation, and consultative services, molecular and NGS testing, comprehensive technical and professional services offerings, clinical trials and research, validation laboratory services, and oncology data solutions.
62GF Score

Get the complete analysis for MEX:NEO

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

MXN176.40
Price
MXN479.15
GF Value