NCEL (NewcelX) PB Ratio: 2.56 (As of Jul. 06, 2026)


NCEL NewcelX Ltd NCEL
33 GF Score
Price $3.87
! 4 Warning Signs
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What is NewcelX PB Ratio?

NewcelX NCEL +0.52% 33 PB Ratio is 2.56 as of Jul. 06, 2026. GuruFocus rates NCEL with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 1,230 Biotechnology companies, NewcelX ranks better than 56.67% 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 (2026-07-06), NewcelX's share price is $3.87. NewcelX's Book Value per Share for the quarter that ended in Dec. 2025 was $1.51. Hence, NewcelX's PB Ratio of today is 2.56.

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

NCEL' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.8
Current: 2.56

During the past 13 years, NewcelX's highest PB Ratio was 2.80. The lowest was 0.00. And the median was 0.00.

NCEL's PB Ratio is ranked better than
56.67% of 1230 companies
in the Biotechnology industry
Industry Median: 2.99 vs NCEL: 2.56

During the past 3 years, the average Book Value Per Share Growth Rate was 247.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NewcelX was 247.40% per year. The lowest was -7.30% per year. And the median was 31.20% per year.

Back to Basics: PB Ratio


NewcelX  (NAS:NCEL) 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.


NewcelX PB Ratio Related Terms


NewcelX PB Ratio Historical Data

* Premium members only.

The historical data trend for NewcelX'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.

NewcelX PB Ratio Chart

NewcelX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.60 255.74 0.00 0.00 1.26

NewcelX Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 1.26

NCEL vs LPCN, PTN, ALLR: PB Ratio Comparison

For the Biotechnology subindustry, NewcelX'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.


NewcelX PB Ratio vs Biotechnology Industry

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

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


NCEL
33GF Score
NewcelX Ltd NCEL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NewcelX 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.

NewcelX's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=3.87/1.51
=2.56

* 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 2.56 mean?
NewcelX (NCEL) has a PB Ratio of 2.56 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on NewcelX and its competitors. According to the industry distribution chart, NewcelX ranks #533 out of 1230 companies in the Biotechnology industry, placing it in the top 43.3%.
Is NewcelX's PB Ratio too high?
NewcelX's current PB Ratio is 2.56. The Biotechnology industry median PB Ratio is 2.99. NewcelX's value of 2.56 is 14.4% below this industry median. Based on the distribution chart, NewcelX ranks #533 out of 1230 companies in the Biotechnology industry, which is above the industry midpoint. Overall, NewcelX has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does NewcelX's PB Ratio compare to LPCN and PTN?
According to the Biotechnology industry distribution chart, NewcelX ranks #533 out of 1230 companies for PB Ratio. This puts NewcelX in the upper half of its industry. The industry median PB Ratio is 2.99. NewcelX's value of 2.56 is 14.4% 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 2.99, based on 1,230 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. NewcelX's current PB Ratio of 2.56 is 14.4% 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 NewcelX and its competitors. For the Biotechnology industry, the median PB Ratio is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewcelX's current PB Ratio is 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewcelX stock overvalued right now?
NewcelX (NCEL) has a current PB Ratio of 2.56. The current PB Ratio is 2.56 and 14.4% below the Biotechnology industry median of 2.99. NewcelX's overall GF Score™ is 33/100 with 4 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 NewcelX (NCEL), the current PB Ratio is 2.56 as of Jul. 06, 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.

NewcelX Business Description

Address Hohstrasse 1, Kloten, CHE, 8302
NewcelX Ltd is a clinical-stage biopharmaceutical company focused on developing transformative therapies. Built on a validated human pluripotent stem cell (hPSC) platform, the Company's main program, NCEL-101, is designed to restore functional insulin production through scalable, off-the-shelf cell replacement. It is advancing a comprehensive therapeutic approach for Type 1 Diabetes, integrating cell therapy, immune protection, and translational science, including a phase IIa clinical trial for the treatment of Amyotrophic Lateral Sclerosis (ALS) in the field of regenerative medicine, as well as the development of treatments for Central Nervous System (CNS) disorders, including Narcolepsy, utilizing its Doxa platform. Its products are Holistic, IsletRx, AstroRx, and the DOXA platform.
33GF Score

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$3.87
Price