XOMA (XOMA Royalty) Cyclically Adjusted PB Ratio: 7.19 (As of Aug. 06, 2026) — 15% Below Median

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XOMA XOMA Royalty Corp XOMA
25 GF Score
Price $40.17
GF Value $19.00
Valuation Significantly Overvalued
! 8 Warning Signs
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What is XOMA Royalty Cyclically Adjusted PB Ratio?

XOMA Royalty XOMA -0.10% 25 Cyclically Adjusted PB Ratio is 7.19 as of Aug. 06, 2026, which is 15% below its 10-year median of 8.41. GuruFocus rates XOMA with a GF Score™ of 25/100 and a GF Value™ of $19.00 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 695 Biotechnology companies, XOMA Royalty ranks worse than 84.6% on this metric.

As of today (2026-08-06), XOMA Royalty's current share price is $40.17. XOMA Royalty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.59. XOMA Royalty's Cyclically Adjusted PB Ratio for today is 7.19.

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

XOMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.51   Med: 8.41   Max: 43.18
Current: 7.19

During the past years, XOMA Royalty's highest Cyclically Adjusted PB Ratio was 43.18. The lowest was 4.51. And the median was 8.41.

XOMA's Cyclically Adjusted PB Ratio is ranked worse than
84.6% of 695 companies
in the Biotechnology industry
Industry Median: 1.58 vs XOMA: 7.19

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.

XOMA Royalty's adjusted book value per share data for the three months ended in Mar. 2026 was $9.475. 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 $5.59 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XOMA Royalty  (NAS:XOMA) 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.


XOMA Royalty Cyclically Adjusted PB Ratio Related Terms


XOMA Royalty Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for XOMA Royalty'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.

XOMA Royalty Cyclically Adjusted PB Ratio Chart

XOMA Royalty 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 28.77 10.58 6.22 6.75 5.11

XOMA Royalty 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 4.74 5.47 7.66 5.11 5.62

XOMA vs STTK, OMER, BBOT: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, XOMA Royalty'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.


XOMA Royalty Cyclically Adjusted PB Ratio vs Biotechnology Industry

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

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


XOMA
25GF Score
XOMA Royalty Corp XOMA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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XOMA Royalty 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.

XOMA Royalty's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=40.17/5.59
=7.19

* 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.

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

For example, XOMA Royalty'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)
=9.475/330.2130*330.2130
=9.475

Current CPI (Mar. 2026) = 330.2130.

XOMA Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201606 -3.391 241.018 -4.646
201609 -5.172 241.428 -7.074
201612 -7.722 241.432 -10.562
201703 -4.114 243.801 -5.572
201706 -3.834 244.955 -5.168
201709 0.499 246.819 0.668
201712 0.701 246.524 0.939
201803 0.677 249.554 0.896
201806 0.579 251.989 0.759
201809 0.137 252.439 0.179
201812 2.161 251.233 2.840
201903 2.754 254.202 3.577
201906 2.405 256.143 3.100
201909 2.946 256.759 3.789
201912 4.507 256.974 5.792
202003 4.212 258.115 5.389
202006 3.485 257.797 4.464
202009 3.451 260.280 4.378
202012 7.692 260.474 9.751
202103 7.253 264.877 9.042
202106 10.303 271.696 12.522
202109 9.861 274.310 11.871
202112 12.534 278.802 14.845
202203 12.259 287.504 14.080
202206 11.809 296.311 13.160
202209 11.377 296.808 12.657
202212 10.823 296.797 12.042
202303 9.988 301.836 10.927
202306 9.594 305.109 10.383
202309 9.232 307.789 9.905
202312 7.714 306.746 8.304
202403 7.072 312.332 7.477
202406 8.573 314.175 9.011
202409 7.211 315.301 7.552
202412 5.175 315.605 5.415
202503 7.076 319.799 7.306
202506 7.661 322.561 7.843
202509 8.766 324.800 8.912
202512 7.074 324.054 7.208
202603 9.475 330.213 9.475

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 7.19 mean?
XOMA Royalty (XOMA) has a Cyclically Adjusted PB Ratio of 7.19 as of Aug. 06, 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 XOMA Royalty and its competitors. This is 15% below median its historical median of 8.41. Over the past decade, XOMA Royalty's Cyclically Adjusted PB Ratio has ranged from 4.51 to 43.18. According to the industry distribution chart, XOMA Royalty ranks #588 out of 695 companies in the Biotechnology industry, placing it in the top 84.6%.
Is XOMA Royalty's Cyclically Adjusted PB Ratio too high?
XOMA Royalty's current Cyclically Adjusted PB Ratio of 7.19 is 15% below median its 10-year median of 8.41. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 43.18. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.58. XOMA Royalty's value of 7.19 is 355.1% above this industry median. Based on the distribution chart, XOMA Royalty ranks #588 out of 695 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, XOMA Royalty has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XOMA Royalty's Cyclically Adjusted PB Ratio compare to STTK and OMER?
According to the Biotechnology industry distribution chart, XOMA Royalty ranks #588 out of 695 companies for Cyclically Adjusted PB Ratio. This places XOMA Royalty in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.58. XOMA Royalty's value of 7.19 is 355.1% above this benchmark. Historically, XOMA Royalty's own Cyclically Adjusted PB Ratio has ranged from 4.51 to 43.18 over the past decade. While the company's 10-year median is 8.41 vs. the industry median of 1.58, XOMA Royalty 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 1.58, based on 695 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. XOMA Royalty's current Cyclically Adjusted PB Ratio of 7.19 is 355.1% 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 XOMA Royalty and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XOMA Royalty's current Cyclically Adjusted PB Ratio is 7.19, which is 15% below median its own 10-year median of 8.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XOMA Royalty stock overvalued right now?
Based on GuruFocus' analysis, XOMA Royalty (XOMA) is currently considered Significantly Overvalued. The stock's GF Value™ is $19.00, compared to a current price of $40.17 — trading 111.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.19, which is 15% below median its 10-year median of 8.41 and 355.1% above the Biotechnology industry median of 1.58. XOMA Royalty's overall GF Score™ is 25/100 with 8 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 XOMA Royalty (XOMA), the current Cyclically Adjusted PB Ratio is 7.19 as of Aug. 06, 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 XOMA Royalty (XOMA) Overvalued in 2026?

Based on GuruFocus' analysis, XOMA Royalty stock appears to be overvalued. The current stock price of $40.17 is trading 111.4% above its estimated GF Value™ of $19.00. GuruFocus considers XOMA Royalty to be Significantly Overvalued.

Key valuation signals for XOMA:

  • Cyclically Adjusted PB Ratio: 7.19 (15% below median its 10-year median of 8.41)
  • GF Value™: $19.00 vs. price of $40.17 (111.4% above fair value)
  • GF Score™: 25/100 with 8 warning signs
  • Industry Position: 355.1% above the Biotechnology median (#588 of 695)

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


XOMA Royalty Business Description

Address 2200 Powell Street, Suite 310, Emeryville, CA, USA, 94608
XOMA Royalty Corp is a biotechnology royalty aggregator playing a role in helping biotech companies achieve their goal of improving human health. XOMA acquires the potential future economics associated with pre-commercial therapeutic candidates. The Company's drug royalty aggregator business is mainly focused on the acquisition of early to mid-stage clinical assets. Geographically, the company operates in Switzerland, the United States, Asia Pacific, Europe, and other regions.
25GF Score

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

$40.17
Price
$19.00
GF Value