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Lineage Cell Therapeutics (STU:BT3) Cyclically Adjusted PB Ratio : 0.53 (As of May. 22, 2025)


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What is Lineage Cell Therapeutics Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Lineage Cell Therapeutics's current share price is €0.408. Lineage Cell Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €0.77. Lineage Cell Therapeutics's Cyclically Adjusted PB Ratio for today is 0.53.

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

STU:BT3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 2.01   Max: 20.1
Current: 0.59

During the past years, Lineage Cell Therapeutics's highest Cyclically Adjusted PB Ratio was 20.10. The lowest was 0.48. And the median was 2.01.

STU:BT3's Cyclically Adjusted PB Ratio is ranked better than
68.52% of 667 companies
in the Biotechnology industry
Industry Median: 1.5 vs STU:BT3: 0.59

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.

Lineage Cell Therapeutics's adjusted book value per share data for the three months ended in Mar. 2025 was €0.320. 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 €0.77 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lineage Cell Therapeutics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lineage Cell Therapeutics'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.

* Premium members only.

Lineage Cell Therapeutics Cyclically Adjusted PB Ratio Chart

Lineage Cell Therapeutics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.46 3.28 1.47 1.32 0.59

Lineage Cell Therapeutics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.76 1.18 1.06 0.59 0.53

Competitive Comparison of Lineage Cell Therapeutics's Cyclically Adjusted PB Ratio

For the Biotechnology subindustry, Lineage Cell Therapeutics'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.


Lineage Cell Therapeutics's Cyclically Adjusted PB Ratio Distribution in the Biotechnology Industry

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

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


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Lineage Cell Therapeutics 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.

Lineage Cell Therapeutics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.408/0.77
=0.53

* 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.

Lineage Cell Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Lineage Cell Therapeutics's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.32/134.9266*134.9266
=0.320

Current CPI (Mar. 2025) = 134.9266.

Lineage Cell Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.153 100.684 0.205
201509 0.142 100.392 0.191
201512 0.262 99.792 0.354
201603 0.108 100.470 0.145
201606 0.751 101.688 0.996
201609 1.035 101.861 1.371
201612 1.088 101.863 1.441
201703 1.580 102.862 2.073
201706 1.414 103.349 1.846
201709 1.437 104.136 1.862
201712 1.083 104.011 1.405
201803 0.639 105.290 0.819
201806 0.681 106.317 0.864
201809 1.156 106.507 1.464
201812 0.649 105.998 0.826
201903 0.965 107.251 1.214
201906 0.789 108.070 0.985
201909 0.710 108.329 0.884
201912 0.679 108.420 0.845
202003 0.643 108.902 0.797
202006 0.589 108.767 0.731
202009 0.517 109.815 0.635
202012 0.517 109.897 0.635
202103 0.610 111.754 0.736
202106 0.620 114.631 0.730
202109 0.609 115.734 0.710
202112 0.482 117.630 0.553
202203 0.463 121.301 0.515
202206 0.462 125.017 0.499
202209 0.469 125.227 0.505
202212 0.407 125.222 0.439
202303 0.387 127.348 0.410
202306 0.385 128.729 0.404
202309 0.365 129.860 0.379
202312 0.332 129.419 0.346
202403 0.353 131.776 0.361
202406 0.336 132.554 0.342
202409 0.316 133.029 0.321
202412 0.340 133.157 0.345
202503 0.320 134.927 0.320

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.


Lineage Cell Therapeutics  (STU:BT3) 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.


Lineage Cell Therapeutics Cyclically Adjusted PB Ratio Related Terms

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Lineage Cell Therapeutics Business Description

Traded in Other Exchanges
Address
2173 Salk Avenue, Suite 200, Carlsbad, CA, USA, 92008
Lineage Cell Therapeutics Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel therapies for the treatment of degenerative diseases. The company's pipeline is based on two platform technologies including cell replacement and cell/drug delivery. Lineage Cell's product candidate is OpRegen, a retinal pigment epithelium transplant therapy for the treatment of dry age-related macular degeneration, OPC1, an oligodendrocyte progenitor cell therapy for acute spinal cord injuries, and VAC2, allogeneic cancer immunotherapy of antigen-presenting dendritic cells for non-small cell lung cancer, ANP1, an allogeneic auditory neuron progenitor cells transplant for hearing loss, and PNC1, an allogeneic photoreceptor cell transplant for vision loss.

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