Saniona AB (STU:30S) Cyclically Adjusted PB Ratio: 3.90 (As of Aug. 29, 2026) — 35% Above Median

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STU:30S Saniona AB STU:30S
36 GF Score
Price €1.01
! 1 Warning Sign
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What is Saniona AB Cyclically Adjusted PB Ratio?

Saniona AB STU:30S -2.97% 36 Cyclically Adjusted PB Ratio is 3.90 as of Aug. 29, 2026, which is 35% above its 10-year median of 2.88. GuruFocus rates STU:30S with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 680 Biotechnology companies, Saniona AB ranks worse than 71.47% on this metric.

As of today (2026-08-29), Saniona AB's current share price is €1.013. Saniona AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €0.26. Saniona AB's Cyclically Adjusted PB Ratio for today is 3.90.

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

STU:30S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.88   Max: 9.51
Current: 3.98

During the past years, Saniona AB's highest Cyclically Adjusted PB Ratio was 9.51. The lowest was 0.71. And the median was 2.88.

STU:30S's Cyclically Adjusted PB Ratio is ranked worse than
71.47% of 680 companies
in the Biotechnology industry
Industry Median: 1.63 vs STU:30S: 3.98

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.

Saniona AB's adjusted book value per share data for the three months ended in Jun. 2026 was €0.362. 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 €0.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saniona AB  (STU:30S) 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.


Saniona AB Cyclically Adjusted PB Ratio Related Terms


Saniona AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Saniona 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.

Saniona AB Cyclically Adjusted PB Ratio Chart

Saniona 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 1.37 3.20 7.64

Saniona 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 4.11 4.28 7.64 5.55 4.50

STU:30S vs VRTX, REGN, RVMD: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Saniona 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.


Saniona AB Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


STU:30S
36GF Score
Saniona AB STU:30S
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saniona 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.013/0.26
=3.90

* 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.

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

For example, Saniona 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)
=0.362/122.9700*122.9700
=0.362

Current CPI (Jun. 2026) = 122.9700.

Saniona AB Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.276 100.200 0.339
201612 0.221 100.300 0.271
201703 0.199 101.200 0.242
201706 0.257 101.200 0.312
201709 0.211 101.800 0.255
201712 0.143 101.300 0.174
201803 0.125 101.700 0.151
201806 0.087 102.300 0.105
201809 0.173 102.400 0.208
201812 0.134 102.100 0.161
201903 0.103 102.900 0.123
201906 0.228 102.900 0.272
201909 0.144 102.900 0.172
201912 0.153 102.900 0.183
202003 0.195 103.300 0.232
202006 0.388 103.200 0.462
202009 0.897 103.500 1.066
202012 0.805 103.400 0.957
202103 0.748 104.300 0.882
202106 0.619 105.000 0.725
202109 0.521 105.800 0.606
202112 0.372 106.600 0.429
202203 0.214 109.900 0.239
202206 0.123 113.600 0.133
202209 0.115 116.400 0.121
202212 0.065 115.900 0.069
202303 0.040 117.300 0.042
202306 0.019 116.400 0.020
202309 0.007 117.400 0.007
202312 -0.026 116.700 -0.027
202403 0.022 118.400 0.023
202406 0.006 118.500 0.006
202409 -0.016 118.900 -0.017
202412 0.179 118.900 0.185
202503 0.197 120.200 0.202
202506 0.238 120.700 0.242
202509 0.454 121.600 0.459
202512 0.423 121.200 0.429
202603 0.402 121.680 0.406
202606 0.362 122.970 0.362

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 3.90 mean?
Saniona AB (STU:30S) has a Cyclically Adjusted PB Ratio of 3.90 as of Aug. 29, 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 Saniona AB and its competitors. This is 35% above median its historical median of 2.88. Over the past decade, Saniona AB's Cyclically Adjusted PB Ratio has ranged from 0.71 to 9.51. According to the industry distribution chart, Saniona AB ranks #486 out of 680 companies in the Biotechnology industry, placing it in the top 71.5%.
Is Saniona AB's Cyclically Adjusted PB Ratio too high?
Saniona AB's current Cyclically Adjusted PB Ratio of 3.90 is 35% above median its 10-year median of 2.88. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 9.51. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.63. Saniona AB's value of 3.90 is 139.3% above this industry median. Based on the distribution chart, Saniona AB ranks #486 out of 680 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Saniona AB has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Saniona AB's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Saniona AB ranks #486 out of 680 companies for Cyclically Adjusted PB Ratio. This places Saniona AB in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.63. Saniona AB's value of 3.90 is 139.3% above this benchmark. Historically, Saniona AB's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 9.51 over the past decade. While the company's 10-year median is 2.88 vs. the industry median of 1.63, Saniona AB 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 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. Saniona AB's current Cyclically Adjusted PB Ratio of 3.90 is 139.3% 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 Saniona AB 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. Saniona AB's current Cyclically Adjusted PB Ratio is 3.90, which is 35% above median its own 10-year median of 2.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saniona AB stock overvalued right now?
Saniona AB (STU:30S) has a current Cyclically Adjusted PB Ratio of 3.90. The current Cyclically Adjusted PB Ratio is 3.90, which is 35% above median its 10-year median of 2.88 and 139.3% above the Biotechnology industry median of 1.63. Saniona AB's overall GF Score™ is 36/100 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 Saniona AB (STU:30S), the current Cyclically Adjusted PB Ratio is 3.90 as of Aug. 29, 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.

Saniona AB Business Description

Address Murervangen 42, Glostrup, DNK, DK-2600
Saniona AB researches and develops drugs for the treatment of diseases of the central nervous system, autoimmune diseases, metabolic diseases, and the treatment of pain. It develops a technology platform that enables the investigation of all types of ion channel drug targets. Its research is focused on GABAA receptors, nicotinic acetylcholine receptors, and potassium channels. The company product pipeline includes Tesomet, SAN711, Tesofensine, SAN903, and SAN2219. Geographically, it operates in USA, Sweden, Germany, Denmark, and United Kingdom, out of which it derives maximum revenue from USA.
36GF 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.

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