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Zealand Pharma ASZLDPY 42 Cyclically Adjusted PB Ratio is 4.76 as of Sep. 07, 2026, which is 53% below its 10-year median of 10.17. GuruFocus rates ZLDPY with a GF Score™ of 42/100 and a GF Value™ of $372.60 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 682 Biotechnology companies, Zealand Pharma AS ranks worse than 75.51% on this metric.
The historical rank and industry rank for Zealand Pharma AS's Cyclically Adjusted PB Ratio or its related term are showing as below:
ZLDPY'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.3 Med: 10.17 Max: 36.88
Current: 4.81
During the past years, Zealand Pharma AS's highest Cyclically Adjusted PB Ratio was 36.88. The lowest was 3.30. And the median was 10.17.
ZLDPY's Cyclically Adjusted PB Ratio is ranked worse than 75.51% of 682
companies
in the Biotechnology industry
Industry Median: 1.64
vs ZLDPY: 4.81
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.
Zealand Pharma AS's adjusted book value per share data for the three months ended in Jun. 2026 was $7.993. 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 $1.86 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Zealand Pharma AS (OTCPK:ZLDPY) 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.
Zealand Pharma AS Cyclically Adjusted PB Ratio Related Terms
Zealand Pharma AS Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Zealand Pharma AS'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.
Zealand Pharma AS Cyclically Adjusted PB Ratio Chart
ZLDPY vs VRTX, REGN, MRNA: Cyclically Adjusted PB Ratio Comparison
For the Biotechnology subindustry, Zealand Pharma AS'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.
Zealand Pharma AS Cyclically Adjusted PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Zealand Pharma AS's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Zealand Pharma AS's Cyclically Adjusted PB Ratio falls into.
Zealand Pharma AS 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.
Zealand Pharma AS's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 4.76 mean?
Zealand Pharma AS (ZLDPY) has a Cyclically Adjusted PB Ratio of 4.76 as of Sep. 07, 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 Zealand Pharma AS and its competitors. This is 53% below median its historical median of 10.17. Over the past decade, Zealand Pharma AS's Cyclically Adjusted PB Ratio has ranged from 3.30 to 36.88. According to the industry distribution chart, Zealand Pharma AS ranks #515 out of 682 companies in the Biotechnology industry, placing it in the top 75.5%.
Is Zealand Pharma AS's Cyclically Adjusted PB Ratio too high?
Zealand Pharma AS's current Cyclically Adjusted PB Ratio of 4.76 is 53% below median its 10-year median of 10.17. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 36.88. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.64. Zealand Pharma AS's value of 4.76 is 190.2% above this industry median. Based on the distribution chart, Zealand Pharma AS ranks #515 out of 682 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Zealand Pharma AS has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zealand Pharma AS's Cyclically Adjusted PB Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Zealand Pharma AS ranks #515 out of 682 companies for Cyclically Adjusted PB Ratio. This places Zealand Pharma AS in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.64. Zealand Pharma AS's value of 4.76 is 190.2% above this benchmark. Historically, Zealand Pharma AS's own Cyclically Adjusted PB Ratio has ranged from 3.30 to 36.88 over the past decade. While the company's 10-year median is 10.17 vs. the industry median of 1.64, Zealand Pharma AS 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 1.64, based on 682 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. Zealand Pharma AS's current Cyclically Adjusted PB Ratio of 4.76 is 190.2% 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 Zealand Pharma AS and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zealand Pharma AS's current Cyclically Adjusted PB Ratio is 4.76, which is 53% below median its own 10-year median of 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zealand Pharma AS stock overvalued right now?
Based on GuruFocus' analysis, Zealand Pharma AS (ZLDPY) is currently considered Possible Value Trap. The stock's GF Value™ is $372.60, compared to a current price of $8.85 — trading 97.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.76, which is 53% below median its 10-year median of 10.17 and 190.2% above the Biotechnology industry median of 1.64. Zealand Pharma AS's overall GF Score™ is 42/100 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 Zealand Pharma AS (ZLDPY), the current Cyclically Adjusted PB Ratio is 4.76 as of Sep. 07, 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 Zealand Pharma AS (ZLDPY) Overvalued in 2026?
Based on GuruFocus' analysis, Zealand Pharma AS stock appears to be undervalued.
The current stock price of $8.85 is trading 97.6% below its estimated GF Value™ of $372.60.
GuruFocus considers Zealand Pharma AS to be Possible Value Trap.
Key valuation signals for ZLDPY:
Cyclically Adjusted PB Ratio: 4.76 (53% below median its 10-year median of 10.17)
GF Value™: $372.60 vs. price of $8.85 (97.6% below fair value)
Industry Position: 190.2% above the Biotechnology median (#515 of 682)
No single metric tells the full story. See the ZLDPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zealand Pharma AS is a biotechnology company. It is focused on the discovery, design, and development of peptide-based medicines. The company's product pipeline includes three product candidates in clinical development: glepaglutide, which is being developed to treat short bowel syndrome or SBS; dasiglucagon formulated for use in a dual-hormone artificial pancreas system for diabetes management; and dasiglucagon for use in the treatment of congenital hyperinsulinism. The company has out-licensed a peptide program to Boehringer Ingelheim that has been moved ahead into early clinical development: a once-weekly novel dual-acting GLP-1/glucagon agonist for the treatment of obesity and/or Type 2 diabetes.
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