Amarin (STU:EH3) Cyclically Adjusted PB Ratio: 0.63 (As of Aug. 18, 2026) — 81% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:EH3 Amarin Corp PLC STU:EH3
61 GF Score
Price €12.00
GF Value €9.05
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Amarin Cyclically Adjusted PB Ratio?

Amarin STU:EH3 61 Cyclically Adjusted PB Ratio is 0.63 as of Aug. 18, 2026, which is 81% below its 10-year median of 3.29. GuruFocus rates STU:EH3 with a GF Score™ of 61/100 and a GF Value™ of €9.05 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 707 Drug Manufacturers companies, Amarin ranks better than 82.6% on this metric.

As of today (2026-08-18), Amarin's current share price is €12.00. Amarin's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €19.13. Amarin's Cyclically Adjusted PB Ratio for today is 0.63.

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

STU:EH3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 3.29   Max: 324
Current: 0.63

During the past years, Amarin's highest Cyclically Adjusted PB Ratio was 324.00. The lowest was 0.50. And the median was 3.29.

STU:EH3's Cyclically Adjusted PB Ratio is ranked better than
82.6% of 707 companies
in the Drug Manufacturers industry
Industry Median: 1.76 vs STU:EH3: 0.63

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.

Amarin's adjusted book value per share data for the three months ended in Jun. 2026 was €18.334. 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 €19.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amarin  (STU:EH3) 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.


Amarin Cyclically Adjusted PB Ratio Related Terms


Amarin Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Amarin'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.

Amarin Cyclically Adjusted PB Ratio Chart

Amarin 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 18.18 3.29 1.54 0.65 0.72

Amarin 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 0.95 0.91 0.72 0.70 0.72

STU:EH3 vs SCLX, MIRA, NSRX: Cyclically Adjusted PB Ratio Comparison

For the Drug Manufacturers - General subindustry, Amarin'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.


Amarin Cyclically Adjusted PB Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amarin's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


STU:EH3
61GF Score
Amarin Corp PLC STU:EH3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amarin 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.

Amarin's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.00/19.13
=0.63

* 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.

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

For example, Amarin'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)
=18.334/128.6700*128.6700
=18.334

Current CPI (Jun. 2026) = 128.6700.

Amarin Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.608 100.274 -0.780
201612 -2.353 99.676 -3.037
201703 -3.670 100.374 -4.705
201706 -4.149 100.673 -5.303
201709 -4.365 100.474 -5.590
201712 -5.579 100.075 -7.173
201803 -2.266 100.573 -2.899
201806 -4.138 101.072 -5.268
201809 -4.209 101.371 -5.343
201812 7.039 100.773 8.988
201903 6.373 101.670 8.065
201906 6.798 102.168 8.561
201909 29.158 102.268 36.686
201912 29.313 102.068 36.953
202003 28.220 102.367 35.471
202006 27.415 101.769 34.662
202009 26.282 101.072 33.459
202012 26.281 101.072 33.457
202103 27.007 102.367 33.946
202106 27.105 103.364 33.741
202109 27.608 104.859 33.877
202112 29.772 106.653 35.918
202203 29.331 109.245 34.546
202206 27.620 112.779 31.512
202209 29.404 113.504 33.333
202212 27.798 115.436 30.985
202303 26.823 117.609 29.346
202306 25.741 119.662 27.679
202309 25.372 120.749 27.036
202312 24.768 120.749 26.393
202403 24.456 120.990 26.008
202406 24.941 122.318 26.236
202409 23.283 121.594 24.638
202412 22.562 122.439 23.710
202503 21.149 123.405 22.051
202506 19.407 124.492 20.058
202509 18.799 124.810 19.380
202512 18.847 125.770 19.282
202603 18.529 127.830 18.651
202606 18.334 128.670 18.334

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 0.63 mean?
Amarin (STU:EH3) has a Cyclically Adjusted PB Ratio of 0.63 as of Aug. 18, 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 Amarin and its competitors. This is 81% below median its historical median of 3.29. Over the past decade, Amarin's Cyclically Adjusted PB Ratio has ranged from 0.50 to 324.00. According to the industry distribution chart, Amarin ranks #123 out of 707 companies in the Drug Manufacturers industry, placing it in the top 17.4%.
Is Amarin's Cyclically Adjusted PB Ratio too high?
Amarin's current Cyclically Adjusted PB Ratio of 0.63 is 81% below median its 10-year median of 3.29. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 324.00. The Drug Manufacturers industry median Cyclically Adjusted PB Ratio is 1.76. Amarin's value of 0.63 is 64.2% below this industry median. Based on the distribution chart, Amarin ranks #123 out of 707 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Amarin has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amarin's Cyclically Adjusted PB Ratio compare to SCLX and MIRA?
According to the Drug Manufacturers industry distribution chart, Amarin ranks #123 out of 707 companies for Cyclically Adjusted PB Ratio. This places Amarin in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.76. Amarin's value of 0.63 is 64.2% below this benchmark. Historically, Amarin's own Cyclically Adjusted PB Ratio has ranged from 0.50 to 324.00 over the past decade. While the company's 10-year median is 3.29 vs. the industry median of 1.76, Amarin 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 Drug Manufacturers company?
The median Cyclically Adjusted PB Ratio among Drug Manufacturers companies is 1.76, based on 707 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. Amarin's current Cyclically Adjusted PB Ratio of 0.63 is 64.2% 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 Amarin and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Amarin's current Cyclically Adjusted PB Ratio is 0.63, which is 81% below median its own 10-year median of 3.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amarin stock overvalued right now?
Based on GuruFocus' analysis, Amarin (STU:EH3) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.05, compared to a current price of €12.00 — trading 32.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.63, which is 81% below median its 10-year median of 3.29 and 64.2% below the Drug Manufacturers industry median of 1.76. Amarin's overall GF Score™ is 61/100 with 3 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 Amarin (STU:EH3), the current Cyclically Adjusted PB Ratio is 0.63 as of Aug. 18, 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 Amarin (STU:EH3) Overvalued in 2026?

Based on GuruFocus' analysis, Amarin stock appears to be overvalued. The current stock price of €12.00 is trading 32.6% above its estimated GF Value™ of €9.05. GuruFocus considers Amarin to be Significantly Overvalued.

Key valuation signals for STU:EH3:

  • Cyclically Adjusted PB Ratio: 0.63 (81% below median its 10-year median of 3.29)
  • GF Value™: €9.05 vs. price of €12.00 (32.6% above fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 64.2% below the Drug Manufacturers median (#123 of 707)

No single metric tells the full story. See the STU:EH3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amarin Business Description

Other Exchanges AMRN:USAEH3:Germany
Address 36 Dame Street, 8th Floor, One Central Plaza, Dublin, IRL, D02 K7K5
Amarin Corp PLC is a pharmaceutical company. The company is focused on the commercialization and development of therapeutics to improve cardiovascular, or CV, health and reduce CV risk. Its commercialized product includes Vascepa. The company focuses on treatments to stop cardiovascular disease causing death, by providing patients, doctors and investors with reliable cardiovascular treatment options. Geographically, the company derives maximum revenue from United States.
61GF Score

Get the complete analysis for STU:EH3

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

€12.00
Price
€9.05
GF Value