Xenetic Biosciences (STU:3XB0) Cyclically Adjusted PB Ratio: 0.04 (As of Sep. 05, 2026) — Near Median

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STU:3XB0 Xenetic Biosciences Inc STU:3XB0
81 GF Score
Price €3.10
GF Value €2.52
! 2 Warning Signs
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What is Xenetic Biosciences Cyclically Adjusted PB Ratio?

Xenetic Biosciences STU:3XB0 81 Cyclically Adjusted PB Ratio is 0.04 as of Sep. 05, 2026, which is at its 10-year median of 0.04. GuruFocus rates STU:3XB0 with a GF Score™ of 81/100 and a GF Value™ of €2.52. The stock has 2 warning signs investors should review. Among 684 Biotechnology companies, Xenetic Biosciences ranks better than 91.96% on this metric.

As of today (2026-09-05), Xenetic Biosciences's current share price is €3.10. Xenetic Biosciences's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €76.07. Xenetic Biosciences's Cyclically Adjusted PB Ratio for today is 0.04.

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

STU:3XB0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.32
Current: 0.07

During the past years, Xenetic Biosciences's highest Cyclically Adjusted PB Ratio was 0.32. The lowest was 0.02. And the median was 0.04.

STU:3XB0's Cyclically Adjusted PB Ratio is ranked better than
91.96% of 684 companies
in the Biotechnology industry
Industry Median: 1.615 vs STU:3XB0: 0.07

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.

Xenetic Biosciences's adjusted book value per share data for the three months ended in Jun. 2026 was €2.250. 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 €76.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Xenetic Biosciences  (STU:3XB0) 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.


Xenetic Biosciences Cyclically Adjusted PB Ratio Related Terms


Xenetic Biosciences Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Xenetic Biosciences'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.

Xenetic Biosciences Cyclically Adjusted PB Ratio Chart

Xenetic Biosciences 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 0.10 0.02 0.02 0.04 0.03

Xenetic Biosciences 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 0.05 0.04 0.03 0.04 0.04

STU:3XB0 vs OSRH, TRAW, FBLG: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Xenetic Biosciences'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.


Xenetic Biosciences Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


STU:3XB0
81GF Score
Xenetic Biosciences Inc STU:3XB0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xenetic Biosciences 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.

Xenetic Biosciences's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.10/76.07
=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.

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

For example, Xenetic Biosciences'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)
=2.25/333.9520*333.9520
=2.250

Current CPI (Jun. 2026) = 333.9520.

Xenetic Biosciences Quarterly Data

Book Value per Share CPI Adj_Book
201609 76.870 241.428 106.329
201612 218.929 241.432 302.826
201703 180.514 243.801 247.263
201706 140.274 244.955 191.238
201709 109.781 246.819 148.536
201712 165.493 246.524 224.184
201803 143.123 249.554 191.527
201806 140.269 251.989 185.893
201809 124.077 252.439 164.142
201812 111.679 251.233 148.450
201903 117.138 254.202 153.887
201906 99.924 256.143 130.278
201909 29.442 256.759 38.294
201912 25.517 256.974 33.161
202003 23.339 258.115 30.196
202006 21.643 257.797 28.036
202009 10.652 260.280 13.667
202012 11.474 260.474 14.711
202103 10.505 264.877 13.245
202106 9.435 271.696 11.597
202109 12.798 274.310 15.581
202112 12.110 278.802 14.505
202203 11.429 287.504 13.275
202206 10.032 296.311 11.306
202209 10.240 296.808 11.521
202212 8.490 296.797 9.553
202303 7.915 301.836 8.757
202306 7.149 305.109 7.825
202309 6.656 307.789 7.222
202312 5.828 306.746 6.345
202403 5.180 312.332 5.539
202406 4.487 314.175 4.769
202409 4.110 315.301 4.353
202412 3.719 315.605 3.935
202503 3.072 319.799 3.208
202506 2.501 322.561 2.589
202509 2.185 324.800 2.247
202512 2.756 324.054 2.840
202603 2.624 330.213 2.654
202606 2.250 333.952 2.250

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?
Xenetic Biosciences (STU:3XB0) has a Cyclically Adjusted PB Ratio of 0.04 as of Sep. 05, 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 Xenetic Biosciences and its competitors. This is near median its historical median of 0.04. Over the past decade, Xenetic Biosciences' Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.32. According to the industry distribution chart, Xenetic Biosciences ranks #55 out of 684 companies in the Biotechnology industry, placing it in the top 8%.
Is Xenetic Biosciences' Cyclically Adjusted PB Ratio too high?
Xenetic Biosciences' current Cyclically Adjusted PB Ratio of 0.04 is near median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.32. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Xenetic Biosciences' value of 0.04 is 97.5% below this industry median. Based on the distribution chart, Xenetic Biosciences ranks #55 out of 684 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Xenetic Biosciences has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Xenetic Biosciences' Cyclically Adjusted PB Ratio compare to OSRH and TRAW?
According to the Biotechnology industry distribution chart, Xenetic Biosciences ranks #55 out of 684 companies for Cyclically Adjusted PB Ratio. This places Xenetic Biosciences in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.62. Xenetic Biosciences' value of 0.04 is 97.5% below this benchmark. Historically, Xenetic Biosciences' own Cyclically Adjusted PB Ratio has ranged from 0.02 to 0.32 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 1.62, Xenetic Biosciences 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 1.62, based on 684 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. Xenetic Biosciences'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 Xenetic Biosciences and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xenetic Biosciences's current Cyclically Adjusted PB Ratio is 0.04, which is near median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xenetic Biosciences stock overvalued right now?
Xenetic Biosciences (STU:3XB0) has a current Cyclically Adjusted PB Ratio of 0.04. The stock's GF Value™ is €2.52, compared to a current price of €3.10 — trading 23% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.04, which is near median its 10-year median of 0.04 and 97.5% below the Biotechnology industry median of 1.62. Xenetic Biosciences' overall GF Score™ is 81/100 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 Xenetic Biosciences (STU:3XB0), the current Cyclically Adjusted PB Ratio is 0.04 as of Sep. 05, 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 Xenetic Biosciences (STU:3XB0) Overvalued in 2026?

Based on GuruFocus' analysis, Xenetic Biosciences stock appears to be overvalued. The current stock price of €3.10 is trading 23% above its estimated GF Value™ of €2.52.

Key valuation signals for STU:3XB0:

  • Cyclically Adjusted PB Ratio: 0.04 (near median its 10-year median of 0.04)
  • GF Value™: €2.52 vs. price of €3.10 (23% above fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 97.5% below the Biotechnology median (#55 of 684)

No single metric tells the full story. See the STU:3XB0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xenetic Biosciences Business Description

Other Exchanges XBIO:USA
Address 945 Concord Street, Framingham, MA, USA, 01701
Xenetic Biosciences Inc is a biopharmaceutical company focused on progressing XCART, a personalized CAR T platform technology engineered to target patient-specific tumor neoantigens. The Company is initially advancing cell-based therapeutics targeting the unique B-cell receptor on the surface of an individual patient’s malignant tumor cells for the treatment of B-cell lymphomas. XCART has the potential to fuel a robust pipeline of therapeutic assets targeting high-value oncology indications. Additionally, Xenetic is leveraging PolyXen™, its proprietary drug delivery platform, by partnering with biotechnology and pharmaceutical companies. PolyXen™ has demonstrated its ability to improve the half-life and other pharmacological properties of next-generation biologic drugs. The Company has an exclusive license agreement with Takeda Pharmaceuticals Co. Ltd. in the field of coagulation disorders and expects to earn royalty payments under this agreement.
81GF Score

Get the complete analysis for STU:3XB0

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

€3.10
Price
€2.52
GF Value