Eledon PharmaceuticalsELDN +0.51%21 PB Ratio is 6.72 as of Jun. 25, 2026. GuruFocus rates ELDN with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,233 Biotechnology companies, Eledon Pharmaceuticals ranks worse than 78.18% on this metric.
The historical rank and industry rank for Eledon Pharmaceuticals's PB Ratio or its related term are showing as below:
ELDN'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 6.72
Current: 6.72
During the past 13 years, Eledon Pharmaceuticals's highest PB Ratio was 6.72. The lowest was 0.00. And the median was 0.00.
ELDN's PB Ratio is ranked worse than 78.18% of 1233
companies
in the Biotechnology industry
Industry Median: 2.8
vs ELDN: 6.72
During the past 12 months, Eledon Pharmaceuticals's average Book Value Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -44.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Eledon Pharmaceuticals was 63.20% per year. The lowest was -60.30% per year. And the median was -40.30% per year.
Back to Basics: PB Ratio
Eledon Pharmaceuticals (NAS:ELDN) PB Ratio Explanation
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 Biotechnology subindustry, Eledon Pharmaceuticals'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.
Eledon Pharmaceuticals PB Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Eledon Pharmaceuticals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Eledon Pharmaceuticals'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.
Eledon Pharmaceuticals (ELDN) has a PB Ratio of 6.72 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eledon Pharmaceuticals and its competitors. According to the industry distribution chart, Eledon Pharmaceuticals ranks #964 out of 1233 companies in the Biotechnology industry, placing it in the top 78.2%.
Is Eledon Pharmaceuticals' PB Ratio too high?
Eledon Pharmaceuticals' current PB Ratio is 6.72. The Biotechnology industry median PB Ratio is 2.80. Eledon Pharmaceuticals' value of 6.72 is 140% above this industry median. Based on the distribution chart, Eledon Pharmaceuticals ranks #964 out of 1233 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Eledon Pharmaceuticals has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Eledon Pharmaceuticals' PB Ratio compare to ARMP and HUMA?
According to the Biotechnology industry distribution chart, Eledon Pharmaceuticals ranks #964 out of 1233 companies for PB Ratio. This places Eledon Pharmaceuticals in the lower half of its industry. The industry median PB Ratio is 2.80. Eledon Pharmaceuticals' value of 6.72 is 140% 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 2.80, based on 1,233 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. Eledon Pharmaceuticals's current PB Ratio of 6.72 is 140% 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 Eledon Pharmaceuticals and its competitors. For the Biotechnology industry, the median PB Ratio is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eledon Pharmaceuticals's current PB Ratio is 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eledon Pharmaceuticals stock overvalued right now?
Eledon Pharmaceuticals (ELDN) has a current PB Ratio of 6.72. The current PB Ratio is 6.72 and 140% above the Biotechnology industry median of 2.80. Eledon Pharmaceuticals' overall GF Score™ is 21/100 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 Eledon Pharmaceuticals (ELDN), the current PB Ratio is 6.72 as of Jun. 25, 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.
Eledon Pharmaceuticals Inc is a clinical stage biotechnology company using immunology expertise in targeting the CD40 Ligand pathway to develop therapies to protect transplanted organs and prevent rejection, and to treat amyotrophic lateral sclerosis. Its compound in development is tegoprubart, an IgG1, anti-CD40L antibody with high affinity for the CD40L, a well-validated biological target that has broad therapeutic potential. It operates as one reportable segment, focused on the development of tegoprubart, to develop therapies to protect transplanted organs and prevent rejection, and to treat ALS.
21GF Score
Get the complete analysis for ELDN
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ELDN has been successfully added to your 
