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Frontier BiotechnologiesSHSE:688221 -0.79%69 PB Ratio is 5.93 as of Aug. 02, 2026, which is 89% above its 10-year median of 3.13. GuruFocus rates SHSE:688221 with a GF Score™ of 69/100 and a GF Value™ of ¥37.49 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 923 Drug Manufacturers companies, Frontier Biotechnologies ranks worse than 86.46% on this metric.
The historical rank and industry rank for Frontier Biotechnologies's PB Ratio or its related term are showing as below:
SHSE:688221'
s PB Ratio Range Over the Past 10 Years
Min: 1.46 Med: 3.13 Max: 18.49
Current: 5.93
During the past 12 years, Frontier Biotechnologies's highest PB Ratio was 18.49. The lowest was 1.46. And the median was 3.13.
SHSE:688221's PB Ratio is ranked worse than 86.46% of 923
companies
in the Drug Manufacturers industry
Industry Median: 1.88
vs SHSE:688221: 5.93
During the past 12 months, Frontier Biotechnologies's average Book Value Per Share Growth Rate was 1.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -19.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -16.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.80% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Frontier Biotechnologies was 67.00% per year. The lowest was -19.30% per year. And the median was 25.80% 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.
* 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 Drug Manufacturers - Specialty & Generic subindustry, Frontier Biotechnologies'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.
Frontier Biotechnologies PB Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Frontier Biotechnologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Frontier Biotechnologies'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.
Frontier Biotechnologies (SHSE:688221) has a PB Ratio of 5.93 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Frontier Biotechnologies and its competitors. This is 89% above median its historical median of 3.13. Over the past decade, Frontier Biotechnologies' PB Ratio has ranged from 1.46 to 18.49. According to the industry distribution chart, Frontier Biotechnologies ranks #798 out of 923 companies in the Drug Manufacturers industry, placing it in the top 86.5%.
Is Frontier Biotechnologies' PB Ratio too high?
Frontier Biotechnologies' current PB Ratio of 5.93 is 89% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 18.49. The Drug Manufacturers industry median PB Ratio is 1.88. Frontier Biotechnologies' value of 5.93 is 215.4% above this industry median. Based on the distribution chart, Frontier Biotechnologies ranks #798 out of 923 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Frontier Biotechnologies has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Biotechnologies' PB Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Frontier Biotechnologies ranks #798 out of 923 companies for PB Ratio. This places Frontier Biotechnologies in the lower half of its industry. The industry median PB Ratio is 1.88. Frontier Biotechnologies' value of 5.93 is 215.4% above this benchmark. Historically, Frontier Biotechnologies' own PB Ratio has ranged from 1.46 to 18.49 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 1.88, Frontier Biotechnologies 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 PB Ratio for a Drug Manufacturers company?
The median PB Ratio among Drug Manufacturers companies is 1.88, based on 923 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. Frontier Biotechnologies's current PB Ratio of 5.93 is 215.4% 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 Frontier Biotechnologies and its competitors. For the Drug Manufacturers industry, the median PB Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Biotechnologies's current PB Ratio is 5.93, which is 89% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Biotechnologies stock overvalued right now?
Based on GuruFocus' analysis, Frontier Biotechnologies (SHSE:688221) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥37.49, compared to a current price of ¥17.56 — trading 53.2% below its estimated fair value. The current PB Ratio is 5.93, which is 89% above median its 10-year median of 3.13 and 215.4% above the Drug Manufacturers industry median of 1.88. Frontier Biotechnologies' overall GF Score™ is 69/100 with 3 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 Frontier Biotechnologies (SHSE:688221), the current PB Ratio is 5.93 as of Aug. 02, 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 Frontier Biotechnologies (SHSE:688221) Overvalued in 2026?
Based on GuruFocus' analysis, Frontier Biotechnologies stock appears to be undervalued.
The current stock price of ¥17.56 is trading 53.2% below its estimated GF Value™ of ¥37.49.
GuruFocus considers Frontier Biotechnologies to be Significantly Undervalued.
Key valuation signals for SHSE:688221:
PB Ratio: 5.93 (89% above median its 10-year median of 3.13)
GF Value™: ¥37.49 vs. price of ¥17.56 (53.2% below fair value)
Industry Position: 215.4% above the Drug Manufacturers median (#798 of 923)
No single metric tells the full story. See the SHSE:688221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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