Passage BioPASG +2.18%30 PB Ratio is 1.26 as of Jul. 03, 2026. GuruFocus rates PASG with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,228 Biotechnology companies, Passage Bio ranks better than 77.36% 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 (2026-07-03), Passage Bio's share price is $4.625. Passage Bio's Book Value per Share for the quarter that ended in Mar. 2026 was $3.66. Hence, Passage Bio's PB Ratio of today is 1.26.
The historical rank and industry rank for Passage Bio's PB Ratio or its related term are showing as below:
PASG'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.26
Current: 1.26
During the past 8 years, Passage Bio's highest PB Ratio was 1.26. The lowest was 0.00. And the median was 0.00.
PASG's PB Ratio is ranked better than 77.36% of 1228
companies
in the Biotechnology industry
Industry Median: 2.97
vs PASG: 1.26
During the past 12 months, Passage Bio's average Book Value Per Share Growth Rate was -70.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -56.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -46.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Passage Bio was -32.80% per year. The lowest was -56.90% per year. And the median was -44.80% per year.
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.
Passage Bio PB Ratio Related Terms
Passage Bio PB Ratio Historical Data
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The historical data trend for Passage Bio'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, Passage Bio'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.
Passage Bio PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Passage Bio's PB Ratio distribution charts can be found below:
* The bar in red indicates where Passage Bio'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.
Passage Bio's PB Ratio for today is calculated as follows:
* 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.
Passage Bio (PASG) has a PB Ratio of 1.26 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Passage Bio and its competitors. According to the industry distribution chart, Passage Bio ranks #278 out of 1228 companies in the Biotechnology industry, placing it in the top 22.6%.
Is Passage Bio's PB Ratio too high?
Passage Bio's current PB Ratio is 1.26. The Biotechnology industry median PB Ratio is 2.97. Passage Bio's value of 1.26 is 57.6% below this industry median. Based on the distribution chart, Passage Bio ranks #278 out of 1228 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Passage Bio has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Passage Bio's PB Ratio compare to CTXR and HIND?
According to the Biotechnology industry distribution chart, Passage Bio ranks #278 out of 1228 companies for PB Ratio. This places Passage Bio in the top 23% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.97. Passage Bio's value of 1.26 is 57.6% below 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 2.97, 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. Passage Bio's current PB Ratio of 1.26 is 57.6% below 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 Passage Bio and its competitors. For the Biotechnology industry, the median PB Ratio is 2.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Passage Bio's current PB Ratio is 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Passage Bio stock overvalued right now?
Passage Bio (PASG) has a current PB Ratio of 1.26. The current PB Ratio is 1.26 and 57.6% below the Biotechnology industry median of 2.97. Passage Bio's overall GF Score™ is 30/100 with 2 warning signs 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 Passage Bio (PASG), the current PB Ratio is 1.26 as of Jul. 03, 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.
Passage Bio Inc is a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases. Their primary focus is the development and advancement of cutting-edge, one-time gene therapies designed to target critical underlying pathologies in these conditions. The Company operates in a single reportable segment, developing and advancing genetic medicines designed to target the critical underlying pathology of neurodegenerative diseases. The pipeline having PBFT02.
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