Oncopeptides AB (OSTO:ONCO) Cyclically Adjusted PB Ratio: 0.33 (As of Sep. 14, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:ONCO Oncopeptides AB OSTO:ONCO
31 GF Score
Price kr1.62
GF Value kr3.53
Valuation Possible Value Trap
! 4 Warning Signs
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What is Oncopeptides AB Cyclically Adjusted PB Ratio?

Oncopeptides AB OSTO:ONCO -1.22% 31 Cyclically Adjusted PB Ratio is 0.33 as of Sep. 14, 2026, which is 6% below its 10-year median of 0.35. GuruFocus rates OSTO:ONCO with a GF Score™ of 31/100 and a GF Value™ of kr3.53 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 680 Biotechnology companies, Oncopeptides AB ranks better than 78.97% on this metric.

As of today (2026-09-14), Oncopeptides AB's current share price is kr1.62. Oncopeptides AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was kr4.89. Oncopeptides AB's Cyclically Adjusted PB Ratio for today is 0.33.

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

OSTO:ONCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.35   Max: 1.14
Current: 0.34

During the past years, Oncopeptides AB's highest Cyclically Adjusted PB Ratio was 1.14. The lowest was 0.25. And the median was 0.35.

OSTO:ONCO's Cyclically Adjusted PB Ratio is ranked better than
78.97% of 680 companies
in the Biotechnology industry
Industry Median: 1.575 vs OSTO:ONCO: 0.34

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.

Oncopeptides AB's adjusted book value per share data for the three months ended in Jun. 2026 was kr0.065. 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 kr4.89 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oncopeptides AB  (OSTO:ONCO) 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.


Oncopeptides AB Cyclically Adjusted PB Ratio Related Terms


Oncopeptides AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Oncopeptides 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.

Oncopeptides AB Cyclically Adjusted PB Ratio Chart

Oncopeptides 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 0.91

Oncopeptides 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 1.02 0.91 0.28 0.33

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

For the Biotechnology subindustry, Oncopeptides 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.


Oncopeptides AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


OSTO:ONCO
31GF Score
Oncopeptides AB OSTO:ONCO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oncopeptides 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.

Oncopeptides AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.62/4.89
=0.33

* 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.

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

For example, Oncopeptides 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)
=0.065/134.6100*134.6100
=0.065

Current CPI (Jun. 2026) = 134.6100.

Oncopeptides AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.000 101.138 0.000
201612 0.430 102.022 0.567
201703 0.000 102.022 0.000
201706 8.494 102.752 11.128
201709 7.595 103.279 9.899
201712 6.656 103.793 8.632
201803 9.439 103.962 12.222
201806 7.386 104.875 9.480
201809 6.053 105.679 7.710
201812 3.810 105.912 4.842
201903 9.277 105.886 11.794
201906 6.330 106.742 7.983
201909 11.404 107.214 14.318
201912 9.117 107.766 11.388
202003 5.786 106.563 7.309
202006 7.935 107.498 9.936
202009 10.021 107.635 12.532
202012 5.382 108.296 6.690
202103 3.232 108.360 4.015
202106 11.585 108.928 14.316
202109 5.153 110.338 6.287
202112 1.775 112.486 2.124
202203 1.003 114.825 1.176
202206 0.491 118.384 0.558
202209 2.667 122.296 2.936
202212 2.064 126.365 2.199
202303 1.602 127.042 1.697
202306 1.242 129.407 1.292
202309 0.935 130.224 0.966
202312 0.398 131.912 0.406
202403 -0.059 132.205 -0.060
202406 0.812 132.716 0.824
202409 0.571 132.304 0.581
202412 0.229 132.987 0.232
202503 -0.025 132.825 -0.025
202506 -0.282 133.699 -0.284
202509 0.024 133.480 0.024
202512 -0.215 133.390 -0.217
202603 0.201 133.560 0.203
202606 0.065 134.610 0.065

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 0.33 mean?
Oncopeptides AB (OSTO:ONCO) has a Cyclically Adjusted PB Ratio of 0.33 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 Oncopeptides AB and its competitors. This is near median its historical median of 0.35. Over the past decade, Oncopeptides AB's Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.14. According to the industry distribution chart, Oncopeptides AB ranks #143 out of 680 companies in the Biotechnology industry, placing it in the top 21%.
Is Oncopeptides AB's Cyclically Adjusted PB Ratio too high?
Oncopeptides AB's current Cyclically Adjusted PB Ratio of 0.33 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 1.14. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. Oncopeptides AB's value of 0.33 is 79% below this industry median. Based on the distribution chart, Oncopeptides AB ranks #143 out of 680 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Oncopeptides AB has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Oncopeptides AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Oncopeptides AB ranks #143 out of 680 companies for Cyclically Adjusted PB Ratio. This places Oncopeptides AB in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.58. Oncopeptides AB's value of 0.33 is 79% below this benchmark. Historically, Oncopeptides AB's own Cyclically Adjusted PB Ratio has ranged from 0.25 to 1.14 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.58, Oncopeptides AB 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 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. Oncopeptides AB's current Cyclically Adjusted PB Ratio of 0.33 is 79% 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 Oncopeptides 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. Oncopeptides AB's current Cyclically Adjusted PB Ratio is 0.33, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oncopeptides AB stock overvalued right now?
Based on GuruFocus' analysis, Oncopeptides AB (OSTO:ONCO) is currently considered Possible Value Trap. The stock's GF Value™ is kr3.53, compared to a current price of kr1.62 — trading 54.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.33, which is near median its 10-year median of 0.35 and 79% below the Biotechnology industry median of 1.58. Oncopeptides AB's overall GF Score™ is 31/100 with 4 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 Oncopeptides AB (OSTO:ONCO), the current Cyclically Adjusted PB Ratio is 0.33 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.

Is Oncopeptides AB (OSTO:ONCO) Overvalued in 2026?

Based on GuruFocus' analysis, Oncopeptides AB stock appears to be undervalued. The current stock price of kr1.62 is trading 54.1% below its estimated GF Value™ of kr3.53. GuruFocus considers Oncopeptides AB to be Possible Value Trap.

Key valuation signals for OSTO:ONCO:

  • Cyclically Adjusted PB Ratio: 0.33 (near median its 10-year median of 0.35)
  • GF Value™: kr3.53 vs. price of kr1.62 (54.1% below fair value)
  • GF Score™: 31/100 with 4 warning signs
  • Industry Position: 79% below the Biotechnology median (#143 of 680)

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


Oncopeptides AB Business Description

Other Exchanges ONCOs:UK0RN4:UKOND:Germany
Address Luntmakargatan 46, Stockholm, SWE, SE-111 37
Oncopeptides AB is a Swedish biotech company focusing on the research, development, and commercialization of targeted therapies for difficult-to-treat cancers. The company uses its proprietary Peptide Drug Conjugate platform to develop compounds that rapidly and selectively deliver cytotoxic agents into cancer cells. It is a science-driven biotech company developing targeted therapies for hard-to-treat cancers, combining cutting-edge research, entrepreneurial spirit, and a deep commitment to improving patients' lives. Its flagship drug is currently being commercialized in Europe with partnership agreements for South Korea, the Middle East, Africa, and elsewhere. The company generates maximum revenue from Germany.
31GF Score

Get the complete analysis for OSTO:ONCO

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

kr1.62
Price
kr3.53
GF Value