Ultragenyx Pharmaceutical (MEX:RARE) Cyclically Adjusted PB Ratio: 1.94 (As of Jul. 24, 2026) — 41% Below Median

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MEX:RARE Ultragenyx Pharmaceutical Inc MEX:RARE
69 GF Score
Price MXN1,150.56
GF Value MXN2,020.93
! 5 Warning Signs
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What is Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio?

Ultragenyx Pharmaceutical MEX:RARE 69 Cyclically Adjusted PB Ratio is 1.94 as of Jul. 24, 2026, which is 41% below its 10-year median of 3.28. GuruFocus rates MEX:RARE with a GF Score™ of 69/100 and a GF Value™ of MXN2,020.93. The stock has 5 warning signs investors should review. Among 699 Biotechnology companies, Ultragenyx Pharmaceutical ranks worse than 62.23% on this metric.

As of today (2026-07-24), Ultragenyx Pharmaceutical's current share price is MXN1150.56. Ultragenyx Pharmaceutical's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN593.13. Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio for today is 1.94.

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

MEX:RARE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.28   Max: 5.58
Current: 2.5

During the past years, Ultragenyx Pharmaceutical's highest Cyclically Adjusted PB Ratio was 5.58. The lowest was 1.75. And the median was 3.28.

MEX:RARE's Cyclically Adjusted PB Ratio is ranked worse than
62.23% of 699 companies
in the Biotechnology industry
Industry Median: 1.63 vs MEX:RARE: 2.50

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.

Ultragenyx Pharmaceutical's adjusted book value per share data for the three months ended in Mar. 2026 was MXN-43.286. 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 MXN593.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultragenyx Pharmaceutical  (MEX:RARE) 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.


Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio Related Terms


Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ultragenyx Pharmaceutical'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.

Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio Chart

Ultragenyx Pharmaceutical 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 3.79 3.87 3.42 2.08

Ultragenyx Pharmaceutical 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 2.97 3.03 2.59 2.08 1.94

MEX:RARE vs VERA, IRON, QURE: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Ultragenyx Pharmaceutical'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.


Ultragenyx Pharmaceutical Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


MEX:RARE
69GF Score
Ultragenyx Pharmaceutical Inc MEX:RARE
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ultragenyx Pharmaceutical 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.

Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1150.56/593.13
=1.94

* 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.

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

For example, Ultragenyx Pharmaceutical'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)
=-43.286/330.2130*330.2130
=-43.286

Current CPI (Mar. 2026) = 330.2130.

Ultragenyx Pharmaceutical Quarterly Data

Book Value per Share CPI Adj_Book
201606 210.244 241.018 288.050
201609 220.085 241.428 301.021
201612 236.953 241.432 324.087
201703 217.575 243.801 294.692
201706 182.964 244.955 246.646
201709 156.142 246.819 208.898
201712 170.508 246.524 228.391
201803 264.716 249.554 350.276
201806 276.013 251.989 361.695
201809 245.263 252.439 320.826
201812 235.070 251.233 308.969
201903 300.167 254.202 389.922
201906 273.081 256.143 352.049
201909 248.618 256.759 319.743
201912 213.181 256.974 273.939
202003 240.099 258.115 307.165
202006 265.760 257.797 340.413
202009 241.989 260.280 307.008
202012 343.657 260.474 435.667
202103 319.648 264.877 398.494
202106 285.576 271.696 347.082
202109 282.484 274.310 340.053
202112 272.917 278.802 323.243
202203 227.196 287.504 260.946
202206 194.850 296.311 217.143
202209 134.568 296.808 149.713
202212 97.899 296.797 108.921
202303 56.244 301.836 61.532
202306 30.953 305.109 33.500
202309 7.654 307.789 8.212
202312 56.793 306.746 61.138
202403 28.015 312.332 29.619
202406 85.982 314.175 90.371
202409 73.985 315.301 77.484
202412 57.504 315.605 60.166
202503 31.426 319.799 32.449
202506 29.564 322.561 30.265
202509 1.742 324.800 1.771
202512 -14.930 324.054 -15.214
202603 -43.286 330.213 -43.286

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 1.94 mean?
Ultragenyx Pharmaceutical (MEX:RARE) has a Cyclically Adjusted PB Ratio of 1.94 as of Jul. 24, 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 Ultragenyx Pharmaceutical and its competitors. This is 41% below median its historical median of 3.28. Over the past decade, Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio has ranged from 1.75 to 5.58. According to the industry distribution chart, Ultragenyx Pharmaceutical ranks #435 out of 699 companies in the Biotechnology industry, placing it in the top 62.2%.
Is Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio too high?
Ultragenyx Pharmaceutical's current Cyclically Adjusted PB Ratio of 1.94 is 41% below median its 10-year median of 3.28. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 5.58. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. Ultragenyx Pharmaceutical's value of 1.94 is 19% above this industry median. Based on the distribution chart, Ultragenyx Pharmaceutical ranks #435 out of 699 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Ultragenyx Pharmaceutical has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Ultragenyx Pharmaceutical's Cyclically Adjusted PB Ratio compare to VERA and IRON?
According to the Biotechnology industry distribution chart, Ultragenyx Pharmaceutical ranks #435 out of 699 companies for Cyclically Adjusted PB Ratio. This places Ultragenyx Pharmaceutical in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Ultragenyx Pharmaceutical's value of 1.94 is 19% above this benchmark. Historically, Ultragenyx Pharmaceutical's own Cyclically Adjusted PB Ratio has ranged from 1.75 to 5.58 over the past decade. While the company's 10-year median is 3.28 vs. the industry median of 1.63, Ultragenyx Pharmaceutical 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 1.63, based on 699 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. Ultragenyx Pharmaceutical's current Cyclically Adjusted PB Ratio of 1.94 is 19% 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 Ultragenyx Pharmaceutical and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultragenyx Pharmaceutical's current Cyclically Adjusted PB Ratio is 1.94, which is 41% below median its own 10-year median of 3.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultragenyx Pharmaceutical stock overvalued right now?
Ultragenyx Pharmaceutical (MEX:RARE) has a current Cyclically Adjusted PB Ratio of 1.94. The stock's GF Value™ is MXN2,020.93, compared to a current price of MXN1,150.56 — trading 43.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.94, which is 41% below median its 10-year median of 3.28 and 19% above the Biotechnology industry median of 1.63. Ultragenyx Pharmaceutical's overall GF Score™ is 69/100 with 5 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 Ultragenyx Pharmaceutical (MEX:RARE), the current Cyclically Adjusted PB Ratio is 1.94 as of Jul. 24, 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 Ultragenyx Pharmaceutical (MEX:RARE) Overvalued in 2026?

Based on GuruFocus' analysis, Ultragenyx Pharmaceutical stock appears to be undervalued. The current stock price of MXN1,150.56 is trading 43.1% below its estimated GF Value™ of MXN2,020.93.

Key valuation signals for MEX:RARE:

  • Cyclically Adjusted PB Ratio: 1.94 (41% below median its 10-year median of 3.28)
  • GF Value™: MXN2,020.93 vs. price of MXN1,150.56 (43.1% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 19% above the Biotechnology median (#435 of 699)

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


Ultragenyx Pharmaceutical Business Description

Address 60 Leveroni Court, Novato, CA, USA, 94949
Ultragenyx Pharmaceutical Inc is a USA-based biopharmaceutical company. The company identifies, acquires, develops, and commercializes novel products for the treatment of serious, rare, and ultra-rare diseases, with a focus on debilitating genetic conditions. Its medicine portfolio includes Crysvita, Dojolvi, and Mepsevii. Crysvita is indicated for the treatment of X-linked hypophosphatemia (XLH) in adult and pediatric patients aged one year and older. Mepsevii is indicated for pediatric and adult patients for the treatment of Mucopolysaccharidosis VII. The company operates across North America, Latin America, Europe, the Middle East and Africa, and Asia-Pacific, with the majority of its revenue generated from North America.
69GF Score

Get the complete analysis for MEX:RARE

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

MXN1,150.56
Price
MXN2,020.93
GF Value