Infant Bacterial Therapeutics AB (OSTO:IBT B) Cyclically Adjusted PB Ratio: 1.80 (As of Sep. 14, 2026)

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OSTO:IBT B Infant Bacterial Therapeutics AB OSTO:IBT B
27 GF Score
Price kr63.60
! 2 Warning Signs
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What is Infant Bacterial Therapeutics AB Cyclically Adjusted PB Ratio?

Infant Bacterial Therapeutics AB OSTO:IBT B -0.93% 27 Cyclically Adjusted PB Ratio is 1.80 as of Sep. 14, 2026. GuruFocus rates OSTO:IBT B with a GF Score™ of 27/100. The stock has 2 warning signs investors should review. Among 680 Biotechnology companies, Infant Bacterial Therapeutics AB ranks worse than 54.71% on this metric.

As of today (2026-09-14), Infant Bacterial Therapeutics AB's current share price is kr63.60. Infant Bacterial Therapeutics AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr35.42. Infant Bacterial Therapeutics AB's Cyclically Adjusted PB Ratio for today is 1.80.

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

OSTO:IBT B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.8
Current: 1.8

During the past years, Infant Bacterial Therapeutics AB's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.00. And the median was 0.00.

OSTO:IBT B's Cyclically Adjusted PB Ratio is ranked worse than
54.71% of 680 companies
in the Biotechnology industry
Industry Median: 1.575 vs OSTO:IBT B: 1.80

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.

Infant Bacterial Therapeutics AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr3.936. 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 kr35.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Infant Bacterial Therapeutics AB  (OSTO:IBT B) 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.


Infant Bacterial Therapeutics AB Cyclically Adjusted PB Ratio Related Terms


Infant Bacterial Therapeutics AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Infant Bacterial Therapeutics AB'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.

Infant Bacterial Therapeutics AB Cyclically Adjusted PB Ratio Chart

Infant Bacterial Therapeutics AB 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 1.38

Infant Bacterial Therapeutics AB 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 1.86 1.38 1.40 1.98

OSTO:IBT B vs VRTX, REGN, MRNA: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Infant Bacterial Therapeutics AB'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.


Infant Bacterial Therapeutics AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


OSTO:IBT B
27GF Score
Infant Bacterial Therapeutics AB OSTO:IBT B
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Infant Bacterial Therapeutics AB 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.

Infant Bacterial Therapeutics AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63.60/35.42
=1.80

* 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.

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

For example, Infant Bacterial Therapeutics AB'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)
=3.936/134.6100*134.6100
=3.936

Current CPI (Jun. 2026) = 134.6100.

Infant Bacterial Therapeutics AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 17.185 102.022 22.674
201703 0.000 102.022 0.000
201706 13.653 102.752 17.886
201709 12.904 103.279 16.819
201712 22.901 103.793 29.701
201803 52.481 103.962 67.953
201806 52.540 104.875 67.437
201809 51.742 105.679 65.907
201812 49.592 105.912 63.030
201903 49.531 105.886 62.967
201906 48.857 106.742 61.613
201909 46.357 107.214 58.203
201912 45.466 107.766 56.791
202003 45.571 106.563 57.565
202006 43.083 107.498 53.949
202009 41.427 107.635 51.809
202012 39.208 108.296 48.735
202103 39.256 108.360 48.766
202106 36.658 108.928 45.301
202109 36.653 110.338 44.716
202112 35.209 112.486 42.134
202203 33.498 114.825 39.270
202206 33.815 118.384 38.450
202209 33.122 122.296 36.457
202212 29.548 126.365 31.476
202303 27.547 127.042 29.188
202306 20.854 129.407 21.693
202309 25.688 130.224 26.553
202312 22.653 131.912 23.116
202403 20.588 132.205 20.962
202406 17.570 132.716 17.821
202409 15.146 132.304 15.410
202412 12.639 132.987 12.793
202503 11.397 132.825 11.550
202506 9.973 133.699 10.041
202509 9.232 133.480 9.310
202512 7.819 133.390 7.891
202603 6.130 133.560 6.178
202606 3.936 134.610 3.936

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 1.80 mean?
Infant Bacterial Therapeutics AB (OSTO:IBT B) has a Cyclically Adjusted PB Ratio of 1.80 as of Sep. 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 Infant Bacterial Therapeutics AB and its competitors. According to the industry distribution chart, Infant Bacterial Therapeutics AB ranks #372 out of 680 companies in the Biotechnology industry, placing it in the top 54.7%.
Is Infant Bacterial Therapeutics AB's Cyclically Adjusted PB Ratio too high?
Infant Bacterial Therapeutics AB's current Cyclically Adjusted PB Ratio is 1.80. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. Infant Bacterial Therapeutics AB's value of 1.80 is 14.3% above this industry median. Based on the distribution chart, Infant Bacterial Therapeutics AB ranks #372 out of 680 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Infant Bacterial Therapeutics AB has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Infant Bacterial Therapeutics AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Infant Bacterial Therapeutics AB ranks #372 out of 680 companies for Cyclically Adjusted PB Ratio. This places Infant Bacterial Therapeutics AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. Infant Bacterial Therapeutics AB's value of 1.80 is 14.3% above this benchmark. 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 1.58, based on 680 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. Infant Bacterial Therapeutics AB's current Cyclically Adjusted PB Ratio of 1.80 is 14.3% 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 Infant Bacterial Therapeutics AB and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infant Bacterial Therapeutics AB's current Cyclically Adjusted PB Ratio is 1.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infant Bacterial Therapeutics AB stock overvalued right now?
Infant Bacterial Therapeutics AB (OSTO:IBT B) has a current Cyclically Adjusted PB Ratio of 1.80. The current Cyclically Adjusted PB Ratio is 1.80 and 14.3% above the Biotechnology industry median of 1.58. Infant Bacterial Therapeutics AB's overall GF Score™ is 27/100 with 2 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 Infant Bacterial Therapeutics AB (OSTO:IBT B), the current Cyclically Adjusted PB Ratio is 1.80 as of Sep. 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.

Infant Bacterial Therapeutics AB Business Description

Other Exchanges 9IB:Germany
Address Katarina Bangata 70, Stockholm, SWE, 116 42
Infant Bacterial Therapeutics AB is a pharmaceutical company. Its purpose is to develop and commercialize drugs for diseases affecting premature babies. Its focus is on the drug candidate IBP-9414, whose development program is designed to show a reduced incidence of necrotizing enterocolitis (NEC) and improved gastrointestinal function (SFT) when treated with IBP-9414's active substance, Lactobacillus reuteri bacterial strain naturally found in human breast milk. Its portfolio also includes additional drug candidates, IBP-1016, IBP-1118, and IBP-1122. IBP1016, for the treatment of gastroschisis, is a life-threatening and rare disorder in which children are born with externalized gastrointestinal organs.
27GF 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.

kr63.60
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