JSPR (Jasper Therapeutics) PB Ratio: 3.85 (As of Jul. 01, 2026)


JSPR Jasper Therapeutics Inc JSPR
29 GF Score
Price $0.47
! 1 Warning Sign
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What is Jasper Therapeutics PB Ratio?

Jasper Therapeutics JSPR +11.14% 29 PB Ratio is 3.85 as of Jul. 01, 2026. GuruFocus rates JSPR with a GF Score™ of 29/100. The stock has 1 warning sign investors should review. Among 1,229 Biotechnology companies, Jasper Therapeutics ranks worse than 58.18% 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 (2026-07-01), Jasper Therapeutics's share price is $0.4658. Jasper Therapeutics's Book Value per Share for the quarter that ended in Mar. 2026 was $0.12. Hence, Jasper Therapeutics's PB Ratio of today is 3.85.

The historical rank and industry rank for Jasper Therapeutics's PB Ratio or its related term are showing as below:

JSPR' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.88
Current: 3.88

During the past 6 years, Jasper Therapeutics's highest PB Ratio was 3.88. The lowest was 0.00. And the median was 0.00.

JSPR's PB Ratio is ranked worse than
58.18% of 1229 companies
in the Biotechnology industry
Industry Median: 2.87 vs JSPR: 3.88

During the past 12 months, Jasper Therapeutics's average Book Value Per Share Growth Rate was -96.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -75.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Jasper Therapeutics was -39.30% per year. The lowest was -75.00% per year. And the median was -57.15% per year.

Back to Basics: PB Ratio


Jasper Therapeutics  (NAS:JSPR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Jasper Therapeutics PB Ratio Related Terms


Jasper Therapeutics PB Ratio Historical Data

* Premium members only.

The historical data trend for Jasper Therapeutics'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.

Jasper Therapeutics PB Ratio Chart

Jasper Therapeutics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 4.28 0.51 1.12 5.21 12.36

Jasper Therapeutics Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 3.83 5.76 12.36 7.24

JSPR vs CVKD, BRTX, APRE: PB Ratio Comparison

For the Biotechnology subindustry, Jasper Therapeutics'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.


Jasper Therapeutics PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Jasper Therapeutics's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jasper Therapeutics's PB Ratio falls into.


JSPR
29GF Score
Jasper Therapeutics Inc JSPR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Jasper Therapeutics PB Ratio Calculation

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.

Jasper Therapeutics's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.4658/0.121
=3.85

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.85 mean?
Jasper Therapeutics (JSPR) has a PB Ratio of 3.85 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jasper Therapeutics and its competitors. According to the industry distribution chart, Jasper Therapeutics ranks #715 out of 1229 companies in the Biotechnology industry, placing it in the top 58.2%.
Is Jasper Therapeutics' PB Ratio too high?
Jasper Therapeutics' current PB Ratio is 3.85. The Biotechnology industry median PB Ratio is 2.87. Jasper Therapeutics' value of 3.85 is 34.1% above this industry median. Based on the distribution chart, Jasper Therapeutics ranks #715 out of 1229 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Jasper Therapeutics has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Jasper Therapeutics' PB Ratio compare to CVKD and BRTX?
According to the Biotechnology industry distribution chart, Jasper Therapeutics ranks #715 out of 1229 companies for PB Ratio. This places Jasper Therapeutics in the lower half of its industry. The industry median PB Ratio is 2.87. Jasper Therapeutics' value of 3.85 is 34.1% 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 2.87, based on 1,229 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. Jasper Therapeutics's current PB Ratio of 3.85 is 34.1% 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 Jasper Therapeutics and its competitors. For the Biotechnology industry, the median PB Ratio is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jasper Therapeutics's current PB Ratio is 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jasper Therapeutics stock overvalued right now?
Jasper Therapeutics (JSPR) has a current PB Ratio of 3.85. The current PB Ratio is 3.85 and 34.1% above the Biotechnology industry median of 2.87. Jasper Therapeutics' overall GF Score™ is 29/100 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 Jasper Therapeutics (JSPR), the current PB Ratio is 3.85 as of Jul. 01, 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.

Jasper Therapeutics Business Description

Address 2200 Bridge Parkway, Suite 102, Redwood, CA, USA, 94065
Jasper Therapeutics Inc is a clinical-stage biotechnology company focused on developing therapeutics targeting mast cell driven diseases such as Chronic Spontaneous Urticaria (CSU), Chronic Inducible Urticaria (CIndU) and asthma. The company's lead product candidate, briquilimab, is a monoclonal antibody designed to block stem cell factor (SCF) from binding to and signaling through the CD117 (KIT) receptor on mast and stem cells. The company has a single operating and reportable segment, which is the research and development of therapeutic products in the fields of chronic urticaria and asthma.
29GF Score

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