PDSB (PDS Biotechnology) Cyclically Adjusted PB Ratio: 0.04 (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

PDSB PDS Biotechnology Corp PDSB
31 GF Score
Price $0.69
! 1 Warning Sign
View Full Analysis

What is PDS Biotechnology Cyclically Adjusted PB Ratio?

PDS Biotechnology PDSB +0.48% 31 Cyclically Adjusted PB Ratio is 0.04 as of Jul. 31, 2026. GuruFocus rates PDSB with a GF Score™ of 31/100. The stock has 1 warning sign investors should review. Among 698 Biotechnology companies, PDS Biotechnology ranks better than 94.13% on this metric.

As of today (2026-07-31), PDS Biotechnology's current share price is $0.6942. PDS Biotechnology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.78. PDS Biotechnology's Cyclically Adjusted PB Ratio for today is 0.04.

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

PDSB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.04
Current: 0.04

During the past years, PDS Biotechnology's highest Cyclically Adjusted PB Ratio was 0.04. The lowest was 0.00. And the median was 0.00.

PDSB's Cyclically Adjusted PB Ratio is ranked better than
94.13% of 698 companies
in the Biotechnology industry
Industry Median: 1.58 vs PDSB: 0.04

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.

PDS Biotechnology's adjusted book value per share data for the three months ended in Mar. 2026 was $0.070. 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 $17.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PDS Biotechnology  (NAS:PDSB) 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.


PDS Biotechnology Cyclically Adjusted PB Ratio Related Terms


PDS Biotechnology Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PDS Biotechnology'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.

PDS Biotechnology Cyclically Adjusted PB Ratio Chart

PDS Biotechnology 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 0.07 0.04

PDS Biotechnology 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 0.05 0.06 0.04 0.04 0.03

PDSB vs GRCE, HYPD, RNXT: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, PDS Biotechnology'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.


PDS Biotechnology Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


PDSB
31GF Score
PDS Biotechnology Corp PDSB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PDS Biotechnology 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.

PDS Biotechnology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.6942/17.78
=0.04

* 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.

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

For example, PDS Biotechnology'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)
=0.07/330.2130*330.2130
=0.070

Current CPI (Mar. 2026) = 330.2130.

PDS Biotechnology Quarterly Data

Book Value per Share CPI Adj_Book
201606 74.033 241.018 101.431
201609 67.433 241.428 92.231
201612 61.741 241.432 84.445
201703 54.202 243.801 73.413
201706 54.684 244.955 73.717
201709 48.382 246.819 64.729
201712 40.422 246.524 54.144
201803 28.348 249.554 37.510
201806 21.292 251.989 27.902
201809 19.786 252.439 25.882
201812 18.982 251.233 24.949
201903 4.726 254.202 6.139
201906 3.980 256.143 5.131
201909 2.952 256.759 3.797
201912 2.215 256.974 2.846
202003 1.296 258.115 1.658
202006 1.108 257.797 1.419
202009 1.394 260.280 1.769
202012 1.219 260.474 1.545
202103 1.094 264.877 1.364
202106 2.569 271.696 3.122
202109 2.386 274.310 2.872
202112 2.222 278.802 2.632
202203 1.964 287.504 2.256
202206 1.807 296.311 2.014
202209 1.654 296.808 1.840
202212 1.458 296.797 1.622
202303 1.335 301.836 1.461
202306 1.051 305.109 1.137
202309 0.790 307.789 0.848
202312 0.790 306.746 0.850
202403 1.014 312.332 1.072
202406 0.841 314.175 0.884
202409 0.598 315.301 0.626
202412 0.500 315.605 0.523
202503 0.492 319.799 0.508
202506 0.342 322.561 0.350
202509 0.198 324.800 0.201
202512 0.169 324.054 0.172
202603 0.070 330.213 0.070

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 0.04 mean?
PDS Biotechnology (PDSB) has a Cyclically Adjusted PB Ratio of 0.04 as of Jul. 31, 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 PDS Biotechnology and its competitors. According to the industry distribution chart, PDS Biotechnology ranks #41 out of 698 companies in the Biotechnology industry, placing it in the top 5.9%.
Is PDS Biotechnology's Cyclically Adjusted PB Ratio too high?
PDS Biotechnology's current Cyclically Adjusted PB Ratio is 0.04. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. PDS Biotechnology's value of 0.04 is 97.5% below this industry median. Based on the distribution chart, PDS Biotechnology ranks #41 out of 698 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, PDS Biotechnology has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does PDS Biotechnology's Cyclically Adjusted PB Ratio compare to GRCE and HYPD?
According to the Biotechnology industry distribution chart, PDS Biotechnology ranks #41 out of 698 companies for Cyclically Adjusted PB Ratio. This places PDS Biotechnology in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.58. PDS Biotechnology's value of 0.04 is 97.5% below 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 698 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. PDS Biotechnology's current Cyclically Adjusted PB Ratio of 0.04 is 97.5% 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 PDS Biotechnology 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. PDS Biotechnology's current Cyclically Adjusted PB Ratio is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PDS Biotechnology stock overvalued right now?
PDS Biotechnology (PDSB) has a current Cyclically Adjusted PB Ratio of 0.04. The current Cyclically Adjusted PB Ratio is 0.04 and 97.5% below the Biotechnology industry median of 1.58. PDS Biotechnology's overall GF Score™ is 31/100 with 1 warning sign 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 PDS Biotechnology (PDSB), the current Cyclically Adjusted PB Ratio is 0.04 as of Jul. 31, 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.

PDS Biotechnology Business Description

Other Exchanges EU6:Germany
Address 303A College Road, East Princeton, NJ, USA, 08540
PDS Biotechnology Corp operates as a clinical stage biotechnology company, principally involved in drug discovery in the United States. It is engaged in the treatment of various early-stage and late-stage cancers, including head and neck cancer, prostate cancer, breast cancer, cervical cancer, anal cancer, and other cancers. Its products are based on the proprietary Versamune platform technology, which activates and directs the human immune system to unleash a powerful and targeted attack against cancer cells. The company has determined that it operates as a single reportable segment, developing a growing pipeline of targeted immunotherapies designed to overcome the limitations of current immunotherapy.
31GF Score

Get the complete analysis for PDSB

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

$0.69
Price