PRQR (ProQR Therapeutics NV) Cyclically Adjusted PB Ratio: 0.95 (As of Jul. 25, 2026) — 20% Above Median

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PRQR ProQR Therapeutics NV PRQR
48 GF Score
Price $1.72
GF Value $2.05
Valuation Modestly Undervalued
! 4 Warning Signs
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What is ProQR Therapeutics NV Cyclically Adjusted PB Ratio?

ProQR Therapeutics NV PRQR -3.91% 48 Cyclically Adjusted PB Ratio is 0.95 as of Jul. 25, 2026, which is 20% above its 10-year median of 0.79. GuruFocus rates PRQR with a GF Score™ of 48/100 and a GF Value™ of $2.05 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 699 Biotechnology companies, ProQR Therapeutics NV ranks better than 61.52% on this metric.

As of today (2026-07-25), ProQR Therapeutics NV's current share price is $1.72. ProQR Therapeutics NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $1.82. ProQR Therapeutics NV's Cyclically Adjusted PB Ratio for today is 0.95.

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

PRQR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.79   Max: 1.68
Current: 0.95

During the past years, ProQR Therapeutics NV's highest Cyclically Adjusted PB Ratio was 1.68. The lowest was 0.42. And the median was 0.79.

PRQR's Cyclically Adjusted PB Ratio is ranked better than
61.52% of 699 companies
in the Biotechnology industry
Industry Median: 1.63 vs PRQR: 0.95

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.

ProQR Therapeutics NV's adjusted book value per share data for the three months ended in Mar. 2026 was $0.413. 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 $1.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ProQR Therapeutics NV  (NAS:PRQR) 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.


ProQR Therapeutics NV Cyclically Adjusted PB Ratio Related Terms


ProQR Therapeutics NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for ProQR Therapeutics NV'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.

ProQR Therapeutics NV Cyclically Adjusted PB Ratio Chart

ProQR Therapeutics NV 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 0.71 1.10 1.05

ProQR Therapeutics NV 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 0.58 0.94 1.04 1.05 0.89

PRQR vs CRBP, NRXP, CRBU: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, ProQR Therapeutics NV'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.


ProQR Therapeutics NV Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


PRQR
48GF Score
ProQR Therapeutics NV PRQR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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ProQR Therapeutics NV 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.

ProQR Therapeutics NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.72/1.82
=0.95

* 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.

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

For example, ProQR Therapeutics NV'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)
=0.413/136.9100*136.9100
=0.413

Current CPI (Mar. 2026) = 136.9100.

ProQR Therapeutics NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.414 100.260 4.662
201609 2.953 100.570 4.020
201612 2.401 100.710 3.264
201703 2.050 101.440 2.767
201706 1.714 101.370 2.315
201709 1.533 102.030 2.057
201712 1.459 101.970 1.959
201803 1.141 102.470 1.524
201806 0.837 103.100 1.111
201809 3.092 103.950 4.072
201812 2.719 103.970 3.580
201903 2.357 105.370 3.063
201906 2.051 105.840 2.653
201909 1.694 106.700 2.174
201912 2.107 106.800 2.701
202003 1.810 106.850 2.319
202006 1.799 107.510 2.291
202009 1.612 107.880 2.046
202012 1.383 107.850 1.756
202103 1.159 108.870 1.458
202106 2.122 109.670 2.649
202109 2.126 110.790 2.627
202112 1.804 114.010 2.166
202203 1.556 119.460 1.783
202206 1.294 119.050 1.488
202209 0.900 126.890 0.971
202212 0.879 124.940 0.963
202303 0.781 124.720 0.857
202306 0.693 125.830 0.754
202309 0.609 127.160 0.656
202312 0.555 126.450 0.601
202403 0.463 128.580 0.493
202406 0.433 129.910 0.456
202409 0.339 131.610 0.353
202412 0.881 131.630 0.916
202503 0.810 133.330 0.832
202506 0.733 133.960 0.749
202509 0.636 135.920 0.641
202512 0.549 135.270 0.556
202603 0.413 136.910 0.413

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 0.95 mean?
ProQR Therapeutics NV (PRQR) has a Cyclically Adjusted PB Ratio of 0.95 as of Jul. 25, 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 ProQR Therapeutics NV and its competitors. This is 20% above median its historical median of 0.79. Over the past decade, ProQR Therapeutics NV's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.68. According to the industry distribution chart, ProQR Therapeutics NV ranks #269 out of 699 companies in the Biotechnology industry, placing it in the top 38.5%.
Is ProQR Therapeutics NV's Cyclically Adjusted PB Ratio too high?
ProQR Therapeutics NV's current Cyclically Adjusted PB Ratio of 0.95 is 20% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.68. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. ProQR Therapeutics NV's value of 0.95 is 41.7% below this industry median. Based on the distribution chart, ProQR Therapeutics NV ranks #269 out of 699 companies in the Biotechnology industry, which is above the industry midpoint. Overall, ProQR Therapeutics NV has a GF Score™ of 48/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ProQR Therapeutics NV's Cyclically Adjusted PB Ratio compare to CRBP and NRXP?
According to the Biotechnology industry distribution chart, ProQR Therapeutics NV ranks #269 out of 699 companies for Cyclically Adjusted PB Ratio. This puts ProQR Therapeutics NV in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. ProQR Therapeutics NV's value of 0.95 is 41.7% below this benchmark. Historically, ProQR Therapeutics NV's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.68 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.63, ProQR Therapeutics NV 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 1.63, 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. ProQR Therapeutics NV's current Cyclically Adjusted PB Ratio of 0.95 is 41.7% 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 ProQR Therapeutics NV 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. ProQR Therapeutics NV's current Cyclically Adjusted PB Ratio is 0.95, which is 20% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ProQR Therapeutics NV stock overvalued right now?
Based on GuruFocus' analysis, ProQR Therapeutics NV (PRQR) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.05, compared to a current price of $1.72 — trading 16.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.95, which is 20% above median its 10-year median of 0.79 and 41.7% below the Biotechnology industry median of 1.63. ProQR Therapeutics NV's overall GF Score™ is 48/100 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 ProQR Therapeutics NV (PRQR), the current Cyclically Adjusted PB Ratio is 0.95 as of Jul. 25, 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 ProQR Therapeutics NV (PRQR) Overvalued in 2026?

Based on GuruFocus' analysis, ProQR Therapeutics NV stock appears to be undervalued. The current stock price of $1.72 is trading 16.1% below its estimated GF Value™ of $2.05. GuruFocus considers ProQR Therapeutics NV to be Modestly Undervalued.

Key valuation signals for PRQR:

  • Cyclically Adjusted PB Ratio: 0.95 (20% above median its 10-year median of 0.79)
  • GF Value™: $2.05 vs. price of $1.72 (16.1% below fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 41.7% below the Biotechnology median (#269 of 699)

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


ProQR Therapeutics NV Business Description

Other Exchanges 0PQ:Germany
Address Zernikedreef 9, Leiden, ZH, NLD, 2333 CK
ProQR Therapeutics NV is a biopharmaceutical company. It discovers and develops RNA therapeutics for patients with severe genetic rare diseases such as cystic fibrosis, Leber congenital amaurosis type 10, and dystrophic epidermolysis bullosa. The only reportable segment of the company is the discovery and development of different, RNA-based therapeutics. Geographically, the company operates in United States.
48GF Score

Get the complete analysis for PRQR

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

$1.72
Price
$2.05
GF Value