GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » argenx SE (BSP:A1RG34) » Definitions » Cyclically Adjusted PS Ratio

argenx SE (BSP:A1RG34) Cyclically Adjusted PS Ratio : 56.88 (As of Jun. 04, 2025)


View and export this data going back to 2020. Start your Free Trial

What is argenx SE Cyclically Adjusted PS Ratio?

As of today (2025-06-04), argenx SE's current share price is R$131.95. argenx SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$2.32. argenx SE's Cyclically Adjusted PS Ratio for today is 56.88.

The historical rank and industry rank for argenx SE's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:A1RG34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 53.39   Med: 84.66   Max: 171.16
Current: 54.4

During the past years, argenx SE's highest Cyclically Adjusted PS Ratio was 171.16. The lowest was 53.39. And the median was 84.66.

BSP:A1RG34's Cyclically Adjusted PS Ratio is ranked worse than
92.35% of 497 companies
in the Biotechnology industry
Industry Median: 5.61 vs BSP:A1RG34: 54.40

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

argenx SE's adjusted revenue per share data for the three months ended in Mar. 2025 was R$2.773. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R$2.32 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


argenx SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for argenx SE's Cyclically Adjusted PS 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.

* Premium members only.

argenx SE Cyclically Adjusted PS Ratio Chart

argenx SE Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 140.03 76.94 74.70

argenx SE Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS 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 70.63 67.92 70.19 74.70 58.16

Competitive Comparison of argenx SE's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, argenx SE's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


argenx SE's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, argenx SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where argenx SE's Cyclically Adjusted PS Ratio falls into.


;
;

argenx SE Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

argenx SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=131.95/2.32
=56.88

* 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.

argenx SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, argenx SE's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.773/133.3300*133.3300
=2.773

Current CPI (Mar. 2025) = 133.3300.

argenx SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.012 99.050 0.016
201503 0.010 99.750 0.013
201506 0.014 100.230 0.019
201509 0.026 100.500 0.034
201512 0.019 99.730 0.025
201603 0.024 100.310 0.032
201606 0.026 100.260 0.035
201609 0.036 100.570 0.048
201612 0.025 100.710 0.033
201703 0.034 101.440 0.045
201706 0.091 101.370 0.120
201709 0.036 102.030 0.047
201712 0.042 101.970 0.055
201803 0.028 102.470 0.036
201806 0.064 103.100 0.083
201809 0.011 103.950 0.014
201812 0.006 103.970 0.008
201903 0.158 105.370 0.200
201906 0.035 105.840 0.044
201909 0.033 106.700 0.041
201912 0.086 106.800 0.107
202006 0.000 107.510 0.000
202012 0.000 107.850 0.000
202103 0.714 108.870 0.874
202106 1.082 109.670 1.315
202109 0.004 110.790 0.005
202112 0.114 114.010 0.133
202203 0.089 119.460 0.099
202206 0.277 119.050 0.310
202209 0.524 126.890 0.551
202212 0.660 124.940 0.704
202303 0.822 124.720 0.879
202306 0.941 125.830 0.997
202309 1.121 127.160 1.175
202312 1.348 126.450 1.421
202403 1.347 128.580 1.397
202406 1.730 129.910 1.776
202409 1.931 131.610 1.956
202412 2.706 131.630 2.741
202503 2.773 133.330 2.773

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


argenx SE  (BSP:A1RG34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


argenx SE Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of argenx SE's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


argenx SE Business Description

Industry
Address
Laarderhoogtweg 25, Amsterdam, NH, NLD, 1101EB
Argenx is a Dutch biopharmaceutical company focused on developing antibody-based therapies for rare autoimmune diseases. The company's lead product, Vyvgart (efgartigimod), was approved by the FDA in December 2021 for the treatment of generalized myasthenia gravis (gMG). In 2022, Argenx also received FDA approval for Vyvgart Hytrulo, a subcutaneous formulation of Vyvgart, offering a more convenient option compared with Vyvgart's intravenous administration. In 2024, the FDA approved Vyvgart Hytrulo for Chronic Inflammatory Demyelinating Polyneuropathy, a rare immune-mediated neuromuscular disorder of the peripheral nervous system. Argenx is focused on innovation and developing its pipeline for treatments such as primary immune thrombocytopenia, thyroid eye disease, and Sjogren's Disease.

argenx SE Headlines

No Headlines