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Jade BiosciencesJBIO -1.78%12 PB Ratio is 3.22 as of Jul. 30, 2026. GuruFocus rates JBIO with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 1,228 Biotechnology companies, Jade Biosciences ranks worse than 56.76% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-30), Jade Biosciences's share price is $19.34. Jade Biosciences's Book Value per Share for the quarter that ended in Mar. 2026 was $6.01. Hence, Jade Biosciences's PB Ratio of today is 3.22.
The historical rank and industry rank for Jade Biosciences's PB Ratio or its related term are showing as below:
JBIO'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.34
Current: 3.22
During the past 2 years, Jade Biosciences's highest PB Ratio was 3.34. The lowest was 0.00. And the median was 0.00.
JBIO's PB Ratio is ranked worse than 56.76% of 1228
companies
in the Biotechnology industry
Industry Median: 2.69
vs JBIO: 3.22
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Jade Biosciences PB Ratio Related Terms
Jade Biosciences PB Ratio Historical Data
* Premium members only.
The historical data trend for Jade Biosciences's 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.
For the Biotechnology subindustry, Jade Biosciences's PB Ratio, along with its competitors' market caps and 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.
Jade Biosciences PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Jade Biosciences's PB Ratio distribution charts can be found below:
* The bar in red indicates where Jade Biosciences's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Jade Biosciences (JBIO) has a PB Ratio of 3.22 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jade Biosciences and its competitors. According to the industry distribution chart, Jade Biosciences ranks #697 out of 1228 companies in the Biotechnology industry, placing it in the top 56.8%.
Is Jade Biosciences' PB Ratio too high?
Jade Biosciences' current PB Ratio is 3.22. The Biotechnology industry median PB Ratio is 2.69. Jade Biosciences' value of 3.22 is 19.7% above this industry median. Based on the distribution chart, Jade Biosciences ranks #697 out of 1228 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Jade Biosciences has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Jade Biosciences' PB Ratio compare to NVAX and AVLN?
According to the Biotechnology industry distribution chart, Jade Biosciences ranks #697 out of 1228 companies for PB Ratio. This places Jade Biosciences in the lower half of its industry. The industry median PB Ratio is 2.69. Jade Biosciences' value of 3.22 is 19.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.69, based on 1,228 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jade Biosciences's current PB Ratio of 3.22 is 19.7% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jade Biosciences and its competitors. For the Biotechnology industry, the median PB Ratio is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jade Biosciences's current PB Ratio is 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jade Biosciences stock overvalued right now?
Jade Biosciences (JBIO) has a current PB Ratio of 3.22. The current PB Ratio is 3.22 and 19.7% above the Biotechnology industry median of 2.69. Jade Biosciences' overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Jade Biosciences (JBIO), the current PB Ratio is 3.22 as of Jul. 30, 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.
Jade Biosciences Inc is a clinical-stage biotechnology company focused on developing therapies for autoimmune diseases. Its flagship candidate, JADE101, targets the cytokine APRIL and is in a Phase 1 clinical trial for the treatment of immunoglobulin A nephropathy. The company's pipeline also includes JADE201, an afucosylated anti-BAFF-R monoclonal antibody, and JADE301, an antibody candidate in preclinical development.
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