Mabion (WAR:MAB) Cyclically Adjusted PB Ratio: 2.30 (As of Jul. 26, 2026) — 29% Below Median

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WAR:MAB Mabion SA WAR:MAB
31 GF Score
Price zł7.37
GF Value zł2.07
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mabion Cyclically Adjusted PB Ratio?

Mabion WAR:MAB +0.55% 31 Cyclically Adjusted PB Ratio is 2.30 as of Jul. 26, 2026, which is 29% below its 10-year median of 3.23. GuruFocus rates WAR:MAB with a GF Score™ of 31/100 and a GF Value™ of zł2.07 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 700 Biotechnology companies, Mabion ranks worse than 60.43% on this metric.

As of today (2026-07-26), Mabion's current share price is zł7.37. Mabion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was zł3.20. Mabion's Cyclically Adjusted PB Ratio for today is 2.30.

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

WAR:MAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 3.23   Max: 10.78
Current: 2.31

During the past years, Mabion's highest Cyclically Adjusted PB Ratio was 10.78. The lowest was 1.91. And the median was 3.23.

WAR:MAB's Cyclically Adjusted PB Ratio is ranked worse than
60.43% of 700 companies
in the Biotechnology industry
Industry Median: 1.595 vs WAR:MAB: 2.31

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.

Mabion's adjusted book value per share data for the three months ended in Mar. 2026 was zł2.419. 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 zł3.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mabion  (WAR:MAB) 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.


Mabion Cyclically Adjusted PB Ratio Related Terms


Mabion Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Mabion'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.

Mabion Cyclically Adjusted PB Ratio Chart

Mabion 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 10.77 3.72 4.37 2.14 2.00

Mabion Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.49 2.60 2.41 2.00 2.79

WAR:MAB vs VRTX, REGN, ALNY: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Mabion'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.


Mabion Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


WAR:MAB
31GF Score
Mabion SA WAR:MAB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mabion 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.37/3.20
=2.30

* 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.

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

For example, Mabion's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.419/163.0700*163.0700
=2.419

Current CPI (Mar. 2026) = 163.0700.

Mabion Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.922 99.552 19.529
201609 11.459 99.064 18.863
201612 0.316 100.366 0.513
201703 -0.773 101.018 -1.248
201706 -1.834 101.180 -2.956
201709 -2.955 101.343 -4.755
201712 -4.590 102.564 -7.298
201803 -5.806 102.564 -9.231
201806 5.037 103.378 7.945
201809 4.228 103.378 6.669
201812 3.071 103.785 4.825
201903 1.977 104.274 3.092
201906 0.760 105.983 1.169
201909 -0.458 105.983 -0.705
201912 -1.572 107.123 -2.393
202003 -3.018 109.076 -4.512
202006 -3.819 109.402 -5.692
202009 -4.482 109.320 -6.686
202012 -5.636 109.565 -8.388
202103 2.862 112.658 4.143
202106 1.969 113.960 2.818
202109 1.002 115.588 1.414
202112 3.299 119.088 4.517
202203 3.759 125.031 4.903
202206 4.076 131.705 5.047
202209 3.763 135.531 4.528
202212 4.734 139.113 5.549
202303 5.753 145.950 6.428
202306 6.696 147.009 7.428
202309 7.368 146.113 8.223
202312 7.287 147.741 8.043
202403 8.373 149.044 9.161
202406 9.009 150.997 9.729
202409 8.001 153.439 8.503
202412 6.895 154.660 7.270
202503 5.959 157.021 6.189
202506 4.997 157.509 5.173
202509 4.332 158.000 4.471
202512 3.021 158.320 3.112
202603 2.419 163.070 2.419

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 2.30 mean?
Mabion (WAR:MAB) has a Cyclically Adjusted PB Ratio of 2.30 as of Jul. 26, 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 Mabion and its competitors. This is 29% below median its historical median of 3.23. Over the past decade, Mabion's Cyclically Adjusted PB Ratio has ranged from 1.91 to 10.78. According to the industry distribution chart, Mabion ranks #423 out of 700 companies in the Biotechnology industry, placing it in the top 60.4%.
Is Mabion's Cyclically Adjusted PB Ratio too high?
Mabion's current Cyclically Adjusted PB Ratio of 2.30 is 29% below median its 10-year median of 3.23. Over the past 10 years, this metric has ranged from a low of 1.91 to a high of 10.78. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.60. Mabion's value of 2.30 is 44.2% above this industry median. Based on the distribution chart, Mabion ranks #423 out of 700 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Mabion has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mabion's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Mabion ranks #423 out of 700 companies for Cyclically Adjusted PB Ratio. This places Mabion in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.60. Mabion's value of 2.30 is 44.2% above this benchmark. Historically, Mabion's own Cyclically Adjusted PB Ratio has ranged from 1.91 to 10.78 over the past decade. While the company's 10-year median is 3.23 vs. the industry median of 1.60, Mabion 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 1.60, based on 700 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. Mabion's current Cyclically Adjusted PB Ratio of 2.30 is 44.2% 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 Mabion 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. Mabion's current Cyclically Adjusted PB Ratio is 2.30, which is 29% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mabion stock overvalued right now?
Based on GuruFocus' analysis, Mabion (WAR:MAB) is currently considered Significantly Overvalued. The stock's GF Value™ is zł2.07, compared to a current price of zł7.37 — trading 256% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.30, which is 29% below median its 10-year median of 3.23 and 44.2% above the Biotechnology industry median of 1.60. Mabion's overall GF Score™ is 31/100 with 4 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 Mabion (WAR:MAB), the current Cyclically Adjusted PB Ratio is 2.30 as of Jul. 26, 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 Mabion (WAR:MAB) Overvalued in 2026?

Based on GuruFocus' analysis, Mabion stock appears to be overvalued. The current stock price of zł7.37 is trading 256% above its estimated GF Value™ of zł2.07. GuruFocus considers Mabion to be Significantly Overvalued.

Key valuation signals for WAR:MAB:

  • Cyclically Adjusted PB Ratio: 2.30 (29% below median its 10-year median of 3.23)
  • GF Value™: zł2.07 vs. price of zł7.37 (256% above fair value)
  • GF Score™: 31/100 with 4 warning signs
  • Industry Position: 44.2% above the Biotechnology median (#423 of 700)

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


Mabion Business Description

Other Exchanges 272:Germany
Address ul. Gen. Mariana Langiewicza 60, Konstantynow Lodzki, POL, 95-050
Mabion SA is a Polish biotechnology company focused on developing and launching modern biotechnology drugs based on monoclonal antibody technology. The drugs developed by the company are targeted treatments, characterized by the drug's ability to recognize the factor causing cancer and interact with this factor only. The company is working on the development of its main priority drug, referred to as the MabionCD20 drug. The therapeutic uses of MabionCD20 are for Non-Hodgkin's lymphoma, Leukemia, and Rheumatoid Arthritis.
31GF Score

Get the complete analysis for WAR:MAB

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

zł7.37
Price
zł2.07
GF Value