Clearside Biomedical (STU:CLM0) Cyclically Adjusted PB Ratio: 0.38 (As of Aug. 02, 2026) — 64% Below Median

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STU:CLM0 Clearside Biomedical Inc STU:CLM0
44 GF Score
Price €4.35
GF Value €110.06
! 7 Warning Signs
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What is Clearside Biomedical Cyclically Adjusted PB Ratio?

Clearside Biomedical STU:CLM0 44 Cyclically Adjusted PB Ratio is 0.38 as of Aug. 02, 2026, which is 64% below its 10-year median of 1.05. GuruFocus rates STU:CLM0 with a GF Score™ of 44/100 and a GF Value™ of €110.06. The stock has 7 warning signs investors should review. Among 697 Biotechnology companies, Clearside Biomedical ranks better than 97.56% on this metric.

As of today (2026-08-02), Clearside Biomedical's current share price is €4.35. Clearside Biomedical's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 was €11.36. Clearside Biomedical's Cyclically Adjusted PB Ratio for today is 0.38.

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

STU:CLM0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.05   Max: 2.02
Current: 0.02

During the past years, Clearside Biomedical's highest Cyclically Adjusted PB Ratio was 2.02. The lowest was 0.01. And the median was 1.05.

STU:CLM0's Cyclically Adjusted PB Ratio is ranked better than
97.56% of 697 companies
in the Biotechnology industry
Industry Median: 1.6 vs STU:CLM0: 0.02

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.

Clearside Biomedical's adjusted book value per share data for the three months ended in Sep. 2025 was €-8.782. 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 €11.36 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearside Biomedical  (STU:CLM0) 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.


Clearside Biomedical Cyclically Adjusted PB Ratio Related Terms


Clearside Biomedical Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Clearside Biomedical'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.

Clearside Biomedical Cyclically Adjusted PB Ratio Chart

Clearside Biomedical 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 0.00 0.00 0.00 0.00 1.27

Clearside Biomedical Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.77 1.27 1.27 1.15 0.38

STU:CLM0 vs RMTG, ABPO, SCNI: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Clearside Biomedical'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.


Clearside Biomedical Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


STU:CLM0
44GF Score
Clearside Biomedical Inc STU:CLM0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clearside Biomedical 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.

Clearside Biomedical's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.35/11.36
=0.38

* 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.

Clearside Biomedical's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2025 is calculated as:

For example, Clearside Biomedical's adjusted Book Value per Share data for the three months ended in Sep. 2025 was:

Adj_Book=Book Value per Share/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-8.782/324.8000*324.8000
=-8.782

Current CPI (Sep. 2025) = 324.8000.

Clearside Biomedical Quarterly Data

Book Value per Share CPI Adj_Book
201512 -31.074 236.525 -42.671
201603 4.532 238.132 6.181
201606 31.276 241.018 42.148
201609 30.527 241.428 41.069
201612 41.473 241.432 55.794
201703 37.224 243.801 49.591
201706 28.626 244.955 37.957
201709 18.327 246.819 24.117
201712 10.708 246.524 14.108
201803 32.718 249.554 42.583
201806 26.731 251.989 34.455
201809 17.694 252.439 22.766
201812 9.697 251.233 12.537
201903 5.808 254.202 7.421
201906 4.538 256.143 5.754
201909 3.230 256.759 4.086
201912 3.391 256.974 4.286
202003 3.159 258.115 3.975
202006 2.098 257.797 2.643
202009 2.145 260.280 2.677
202012 2.084 260.474 2.599
202103 3.716 264.877 4.557
202106 4.075 271.696 4.871
202109 3.817 274.310 4.520
202112 8.440 278.802 9.832
202203 7.179 287.504 8.110
202206 5.956 296.311 6.529
202209 4.668 296.808 5.108
202212 2.477 296.797 2.711
202303 0.616 301.836 0.663
202306 -1.116 305.109 -1.188
202309 -2.908 307.789 -3.069
202312 -3.482 306.746 -3.687
202403 -4.027 312.332 -4.188
202406 -5.274 314.175 -5.452
202409 -6.290 315.301 -6.479
202412 -7.269 315.605 -7.481
202503 -8.243 319.799 -8.372
202506 -8.074 322.561 -8.130
202509 -8.782 324.800 -8.782

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 0.38 mean?
Clearside Biomedical (STU:CLM0) has a Cyclically Adjusted PB Ratio of 0.38 as of Aug. 02, 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 Clearside Biomedical and its competitors. This is 64% below median its historical median of 1.05. Over the past decade, Clearside Biomedical's Cyclically Adjusted PB Ratio has ranged from 0.01 to 2.02. According to the industry distribution chart, Clearside Biomedical ranks #17 out of 697 companies in the Biotechnology industry, placing it in the top 2.4%.
Is Clearside Biomedical's Cyclically Adjusted PB Ratio too high?
Clearside Biomedical's current Cyclically Adjusted PB Ratio of 0.38 is 64% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 2.02. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.60. Clearside Biomedical's value of 0.38 is 76.3% below this industry median. Based on the distribution chart, Clearside Biomedical ranks #17 out of 697 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Clearside Biomedical has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Clearside Biomedical's Cyclically Adjusted PB Ratio compare to RMTG and ABPO?
According to the Biotechnology industry distribution chart, Clearside Biomedical ranks #17 out of 697 companies for Cyclically Adjusted PB Ratio. This places Clearside Biomedical in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.60. Clearside Biomedical's value of 0.38 is 76.3% below this benchmark. Historically, Clearside Biomedical's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 2.02 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 1.60, Clearside Biomedical 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 1.60, based on 697 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. Clearside Biomedical's current Cyclically Adjusted PB Ratio of 0.38 is 76.3% 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 Clearside Biomedical and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearside Biomedical's current Cyclically Adjusted PB Ratio is 0.38, which is 64% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearside Biomedical stock overvalued right now?
Clearside Biomedical (STU:CLM0) has a current Cyclically Adjusted PB Ratio of 0.38. The stock's GF Value™ is €110.06, compared to a current price of €4.35 — trading 96% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.38, which is 64% below median its 10-year median of 1.05 and 76.3% below the Biotechnology industry median of 1.60. Clearside Biomedical's overall GF Score™ is 44/100 with 7 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 Clearside Biomedical (STU:CLM0), the current Cyclically Adjusted PB Ratio is 0.38 as of Aug. 02, 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 Clearside Biomedical (STU:CLM0) Overvalued in 2026?

Based on GuruFocus' analysis, Clearside Biomedical stock appears to be undervalued. The current stock price of €4.35 is trading 96% below its estimated GF Value™ of €110.06.

Key valuation signals for STU:CLM0:

  • Cyclically Adjusted PB Ratio: 0.38 (64% below median its 10-year median of 1.05)
  • GF Value™: €110.06 vs. price of €4.35 (96% below fair value)
  • GF Score™: 44/100 with 7 warning signs
  • Industry Position: 76.3% below the Biotechnology median (#17 of 697)

No single metric tells the full story. See the STU:CLM0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clearside Biomedical Business Description

Other Exchanges CLSDQ:USA
Address 900 North Point Parkway, Suite 200, Alpharetta, GA, USA, 30005
Clearside Biomedical Inc is a United States-based clinical biopharmaceutical company. It is engaged in developing pharmacological therapies to treat blinding disease of the eye through the suprachoroidal space, or SCS. The company's novel SCS injection platform, utilizing a proprietary SCS Microinjector, enables an in-office, repeatable, non-surgical procedure for the targeted and compartmentalized delivery of a wide variety of therapies to the macula, retina, or choroid to potentially preserve and improve vision in patients with sight-threatening eye diseases.
44GF Score

Get the complete analysis for STU:CLM0

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

€4.35
Price
€110.06
GF Value