LENZ (LENZ Therapeutics) PB Ratio: 0.73 (As of Jun. 26, 2026) — 69% Below Median


LENZ LENZ Therapeutics Inc LENZ
12 GF Score
Price $5.75
! 2 Warning Signs
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What is LENZ Therapeutics PB Ratio?

LENZ Therapeutics LENZ +4.36% 12 PB Ratio is 0.73 as of Jun. 26, 2026, which is 69% below its 10-year median of 2.37. GuruFocus rates LENZ with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 1,232 Biotechnology companies, LENZ Therapeutics ranks better than 89.94% 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 (2026-06-26), LENZ Therapeutics's share price is $5.75. LENZ Therapeutics's Book Value per Share for the quarter that ended in Mar. 2026 was $7.86. Hence, LENZ Therapeutics's PB Ratio of today is 0.73.

Good Sign:

LENZ Therapeutics Inc stock PB Ratio (=0.7) is close to 1-year low of 0.7.

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

LENZ' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.37   Max: 7.18
Current: 0.73

During the past 5 years, LENZ Therapeutics's highest PB Ratio was 7.18. The lowest was 0.70. And the median was 2.37.

LENZ's PB Ratio is ranked better than
89.94% of 1232 companies
in the Biotechnology industry
Industry Median: 2.8 vs LENZ: 0.73

During the past 12 months, LENZ Therapeutics's average Book Value Per Share Growth Rate was 12.70% per year.

Back to Basics: PB Ratio


LENZ Therapeutics  (NAS:LENZ) 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.


LENZ Therapeutics PB Ratio Related Terms


LENZ Therapeutics PB Ratio Historical Data

* Premium members only.

The historical data trend for LENZ 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.

LENZ Therapeutics PB Ratio Chart

LENZ Therapeutics Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 3.89 1.76

LENZ Therapeutics Quarterly Data
Dec21 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 3.69 4.05 6.87 1.76 1.16

LENZ vs CNXU, CHRS, SLGL: PB Ratio Comparison

For the Biotechnology subindustry, LENZ 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.


LENZ Therapeutics PB Ratio vs Biotechnology Industry

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

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


LENZ
12GF Score
LENZ Therapeutics Inc LENZ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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LENZ 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5.75/7.862
=0.73

* 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 0.73 mean?
LENZ Therapeutics (LENZ) has a PB Ratio of 0.73 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on LENZ Therapeutics and its competitors. This is 69% below median its historical median of 2.37. Over the past decade, LENZ Therapeutics' PB Ratio has ranged from 0.70 to 7.18. According to the industry distribution chart, LENZ Therapeutics ranks #124 out of 1232 companies in the Biotechnology industry, placing it in the top 10.1%.
Is LENZ Therapeutics' PB Ratio too high?
LENZ Therapeutics' current PB Ratio of 0.73 is 69% below median its 10-year median of 2.37. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 7.18. The Biotechnology industry median PB Ratio is 2.80. LENZ Therapeutics' value of 0.73 is 73.9% below this industry median. Based on the distribution chart, LENZ Therapeutics ranks #124 out of 1232 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, LENZ Therapeutics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LENZ Therapeutics' PB Ratio compare to CNXU and CHRS?
According to the Biotechnology industry distribution chart, LENZ Therapeutics ranks #124 out of 1232 companies for PB Ratio. This places LENZ Therapeutics in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.80. LENZ Therapeutics' value of 0.73 is 73.9% below this benchmark. Historically, LENZ Therapeutics' own PB Ratio has ranged from 0.70 to 7.18 over the past decade. While the company's 10-year median is 2.37 vs. the industry median of 2.80, LENZ Therapeutics has consistently been below 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 Biotechnology company?
The median PB Ratio among Biotechnology companies is 2.80, based on 1,232 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. LENZ Therapeutics's current PB Ratio of 0.73 is 73.9% 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 LENZ Therapeutics 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. LENZ Therapeutics's current PB Ratio is 0.73, which is 69% below median its own 10-year median of 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LENZ Therapeutics stock overvalued right now?
LENZ Therapeutics (LENZ) has a current PB Ratio of 0.73. The current PB Ratio is 0.73, which is 69% below median its 10-year median of 2.37 and 73.9% below the Biotechnology industry median of 2.80. LENZ Therapeutics' overall GF Score™ is 12/100 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 LENZ Therapeutics (LENZ), the current PB Ratio is 0.73 as of Jun. 26, 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.

LENZ Therapeutics Business Description

Address 201 Lomas Santa Fe Drive, Suite 300, Solana Beach, CA, USA, 92075
LENZ Therapeutics Inc is a late-stage biopharmaceutical company focused on developing and commercializing therapies to improve vision and developing ophthalmic pharmaceutical products. Its products VIZZ (aceclidine ophthalmic solution) 1.44% is a once-daily eye drop developed to restore clear near vision for up to 10 hours. VIZZ is powered by aceclidine, highlighted by its differentiated mechanism of action as a predominantly pupil-selective miotic that interacts with the iris, with minimal ciliary muscle stimulation.
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