Regeneron Pharmaceuticals (STU:RGO) Cyclically Adjusted PB Ratio: 4.29 (As of Aug. 09, 2026) — 57% Below Median

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STU:RGO Regeneron Pharmaceuticals Inc STU:RGO
81 GF Score
Price €678.90
GF Value €760.34
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Regeneron Pharmaceuticals Cyclically Adjusted PB Ratio?

Regeneron Pharmaceuticals STU:RGO +2.09% 81 Cyclically Adjusted PB Ratio is 4.29 as of Aug. 09, 2026, which is 57% below its 10-year median of 9.91. GuruFocus rates STU:RGO with a GF Score™ of 81/100 and a GF Value™ of €760.34 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 693 Biotechnology companies, Regeneron Pharmaceuticals ranks worse than 73.02% on this metric.

As of today (2026-08-09), Regeneron Pharmaceuticals's current share price is €678.90. Regeneron Pharmaceuticals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €158.30. Regeneron Pharmaceuticals's Cyclically Adjusted PB Ratio for today is 4.29.

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

STU:RGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.43   Med: 9.91   Max: 32.65
Current: 4.34

During the past years, Regeneron Pharmaceuticals's highest Cyclically Adjusted PB Ratio was 32.65. The lowest was 3.43. And the median was 9.91.

STU:RGO's Cyclically Adjusted PB Ratio is ranked worse than
73.02% of 693 companies
in the Biotechnology industry
Industry Median: 1.62 vs STU:RGO: 4.34

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.

Regeneron Pharmaceuticals's adjusted book value per share data for the three months ended in Jun. 2026 was €266.878. 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 €158.30 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regeneron Pharmaceuticals  (STU:RGO) 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.


Regeneron Pharmaceuticals Cyclically Adjusted PB Ratio Related Terms


Regeneron Pharmaceuticals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Regeneron Pharmaceuticals'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.

Regeneron Pharmaceuticals Cyclically Adjusted PB Ratio Chart

Regeneron Pharmaceuticals 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 9.95 8.39 8.03 5.26 4.73

Regeneron Pharmaceuticals 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 3.50 3.57 4.73 4.48 3.45

STU:RGO vs RVMD, ALNY, ONC: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Regeneron Pharmaceuticals'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.


Regeneron Pharmaceuticals Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


STU:RGO
81GF Score
Regeneron Pharmaceuticals Inc STU:RGO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Regeneron Pharmaceuticals 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.

Regeneron Pharmaceuticals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=678.90/158.30
=4.29

* 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.

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

For example, Regeneron Pharmaceuticals'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)
=266.878/333.9520*333.9520
=266.878

Current CPI (Jun. 2026) = 333.9520.

Regeneron Pharmaceuticals Quarterly Data

Book Value per Share CPI Adj_Book
201609 37.944 241.428 52.486
201612 39.788 241.432 55.035
201703 42.815 243.801 58.647
201706 45.868 244.955 62.533
201709 47.273 246.819 63.961
201712 48.239 246.524 65.347
201803 49.386 249.554 66.088
201806 56.982 251.989 75.516
201809 62.315 252.439 82.437
201812 70.617 251.233 93.868
201903 76.276 254.202 100.206
201906 78.646 256.143 102.536
201909 86.929 256.759 113.064
201912 90.506 256.974 117.618
202003 97.872 258.115 126.628
202006 75.856 257.797 98.264
202009 80.625 260.280 103.446
202012 84.738 260.474 108.642
202103 94.339 264.877 118.941
202106 117.650 271.696 144.608
202109 135.200 274.310 164.596
202112 152.845 278.802 183.079
202203 165.127 287.504 191.804
202206 178.727 296.311 201.431
202209 199.018 296.808 223.924
202212 195.208 296.797 219.645
202303 200.041 301.836 221.326
202306 203.568 305.109 222.812
202309 214.445 307.789 232.673
202312 217.673 306.746 236.979
202403 225.363 312.332 240.963
202406 237.811 314.175 252.781
202409 239.951 315.301 254.145
202412 255.733 315.605 270.599
202503 251.195 319.799 262.312
202506 243.918 322.561 252.532
202509 250.444 324.800 257.501
202512 252.499 324.054 260.211
202603 258.829 330.213 261.760
202606 266.878 333.952 266.878

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 4.29 mean?
Regeneron Pharmaceuticals (STU:RGO) has a Cyclically Adjusted PB Ratio of 4.29 as of Aug. 09, 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 Regeneron Pharmaceuticals and its competitors. This is 57% below median its historical median of 9.91. Over the past decade, Regeneron Pharmaceuticals' Cyclically Adjusted PB Ratio has ranged from 3.43 to 32.65. According to the industry distribution chart, Regeneron Pharmaceuticals ranks #506 out of 693 companies in the Biotechnology industry, placing it in the top 73%.
Is Regeneron Pharmaceuticals' Cyclically Adjusted PB Ratio too high?
Regeneron Pharmaceuticals' current Cyclically Adjusted PB Ratio of 4.29 is 57% below median its 10-year median of 9.91. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 32.65. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Regeneron Pharmaceuticals' value of 4.29 is 164.8% above this industry median. Based on the distribution chart, Regeneron Pharmaceuticals ranks #506 out of 693 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Regeneron Pharmaceuticals has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Regeneron Pharmaceuticals' Cyclically Adjusted PB Ratio compare to RVMD and ALNY?
According to the Biotechnology industry distribution chart, Regeneron Pharmaceuticals ranks #506 out of 693 companies for Cyclically Adjusted PB Ratio. This places Regeneron Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Regeneron Pharmaceuticals' value of 4.29 is 164.8% above this benchmark. Historically, Regeneron Pharmaceuticals' own Cyclically Adjusted PB Ratio has ranged from 3.43 to 32.65 over the past decade. While the company's 10-year median is 9.91 vs. the industry median of 1.62, Regeneron Pharmaceuticals 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 1.62, based on 693 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. Regeneron Pharmaceuticals's current Cyclically Adjusted PB Ratio of 4.29 is 164.8% 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 Regeneron Pharmaceuticals 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. Regeneron Pharmaceuticals's current Cyclically Adjusted PB Ratio is 4.29, which is 57% below median its own 10-year median of 9.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regeneron Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Regeneron Pharmaceuticals (STU:RGO) is currently considered Modestly Undervalued. The stock's GF Value™ is €760.34, compared to a current price of €678.90 — trading 10.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.29, which is 57% below median its 10-year median of 9.91 and 164.8% above the Biotechnology industry median of 1.62. Regeneron Pharmaceuticals' overall GF Score™ is 81/100 with 6 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 Regeneron Pharmaceuticals (STU:RGO), the current Cyclically Adjusted PB Ratio is 4.29 as of Aug. 09, 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 Regeneron Pharmaceuticals (STU:RGO) Overvalued in 2026?

Based on GuruFocus' analysis, Regeneron Pharmaceuticals stock appears to be undervalued. The current stock price of €678.90 is trading 10.7% below its estimated GF Value™ of €760.34. GuruFocus considers Regeneron Pharmaceuticals to be Modestly Undervalued.

Key valuation signals for STU:RGO:

  • Cyclically Adjusted PB Ratio: 4.29 (57% below median its 10-year median of 9.91)
  • GF Value™: €760.34 vs. price of €678.90 (10.7% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 164.8% above the Biotechnology median (#506 of 693)

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


Regeneron Pharmaceuticals Business Description

Address 777 Old Saw Mill River Road, Tarrytown, NY, USA, 10591-6707
Regeneron Pharmaceuticals discovers, develops, and commercializes products that fight eye disease, cardiovascular disease, cancer, and inflammation. The company has several marketed products, including low-dose Eylea and Eylea HD, approved for wet age-related macular degeneration and other eye diseases; Dupixent in immunology; Praluent for LDL cholesterol lowering; Libtayo in oncology; Kevzara in rheumatoid arthritis; and Lynozyfic for multiple myeloma. Regeneron has multiple partnerships and collaboration agreements, with Sanofi (Dupixent, others) and Bayer (Eylea) as its largest partners.
81GF Score

Get the complete analysis for STU:RGO

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

€678.90
Price
€760.34
GF Value