Illumina (BSP:I1LM34) Cyclically Adjusted PS Ratio: 7.03 (As of Sep. 02, 2026) — 58% Below Median

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BSP:I1LM34 Illumina Inc BSP:I1LM34
51 GF Score
Price R$220.60
GF Value R$136.93
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Illumina Cyclically Adjusted PS Ratio?

Illumina BSP:I1LM34 51 Cyclically Adjusted PS Ratio is 7.03 as of Sep. 02, 2026, which is 58% below its 10-year median of 16.72. GuruFocus rates BSP:I1LM34 with a GF Score™ of 51/100 and a GF Value™ of R$136.93 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 136 Medical Diagnostics & Research companies, Illumina ranks worse than 79.41% on this metric.

As of today (2026-09-02), Illumina's current share price is R$220.60. Illumina's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$31.37. Illumina's Cyclically Adjusted PS Ratio for today is 7.03.

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

BSP:I1LM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.57   Med: 16.72   Max: 29.44
Current: 7.13

During the past years, Illumina's highest Cyclically Adjusted PS Ratio was 29.44. The lowest was 2.57. And the median was 16.72.

BSP:I1LM34's Cyclically Adjusted PS Ratio is ranked worse than
79.41% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.245 vs BSP:I1LM34: 7.13

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.

Illumina's adjusted revenue per share data for the three months ended in Jun. 2026 was R$7.763. 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$31.37 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Illumina  (BSP:I1LM34) 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.


Illumina Cyclically Adjusted PS Ratio Related Terms


Illumina Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Illumina'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.

Illumina Cyclically Adjusted PS Ratio Chart

Illumina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.50 8.51 5.33 4.91 4.57

Illumina Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.39 3.33 4.57 4.19 5.87

BSP:I1LM34 vs MTD, LH, DGX: Cyclically Adjusted PS Ratio Comparison

For the Diagnostics & Research subindustry, Illumina'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.


Illumina Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Illumina's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:I1LM34
51GF Score
Illumina Inc BSP:I1LM34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Illumina 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.

Illumina's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=220.60/31.37
=7.03

* 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.

Illumina's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Illumina's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.763/333.9520*333.9520
=7.763

Current CPI (Jun. 2026) = 333.9520.

Illumina Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.669 241.428 3.692
201612 2.806 241.432 3.881
201703 2.545 243.801 3.486
201706 2.968 244.955 4.046
201709 3.022 246.819 4.089
201712 3.460 246.524 4.687
201803 3.465 249.554 4.637
201806 4.230 251.989 5.606
201809 4.704 252.439 6.223
201812 4.430 251.233 5.889
201903 4.361 254.202 5.729
201906 4.337 256.143 5.654
201909 5.049 256.759 6.567
201912 5.245 256.974 6.816
202003 5.672 258.115 7.338
202006 4.438 257.797 5.749
202009 5.794 260.280 7.434
202012 6.626 260.474 8.495
202103 8.380 264.877 10.565
202106 7.704 271.696 9.469
202109 7.646 274.310 9.308
202112 8.637 278.802 10.345
202203 7.656 287.504 8.893
202206 7.472 296.311 8.421
202209 7.448 296.808 8.380
202212 7.237 296.797 8.143
202303 7.167 301.836 7.930
202306 7.225 305.109 7.908
202309 6.995 307.789 7.590
202312 6.959 306.746 7.576
202403 6.740 312.332 7.207
202406 7.534 314.175 8.008
202409 7.476 315.301 7.918
202412 8.472 315.605 8.965
202503 7.540 319.799 7.874
202506 7.482 322.561 7.746
202509 7.550 324.800 7.763
202512 8.266 324.054 8.518
202603 7.410 330.213 7.494
202606 7.763 333.952 7.763

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.

What does a Cyclically Adjusted PS Ratio of 7.03 mean?
Illumina (BSP:I1LM34) has a Cyclically Adjusted PS Ratio of 7.03 as of Sep. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Illumina and its competitors. This is 58% below median its historical median of 16.72. Over the past decade, Illumina's Cyclically Adjusted PS Ratio has ranged from 2.57 to 29.44. According to the industry distribution chart, Illumina ranks #108 out of 136 companies in the Medical Diagnostics & Research industry, placing it in the top 79.4%.
Is Illumina's Cyclically Adjusted PS Ratio too high?
Illumina's current Cyclically Adjusted PS Ratio of 7.03 is 58% below median its 10-year median of 16.72. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 29.44. The Medical Diagnostics & Research industry median Cyclically Adjusted PS Ratio is 2.25. Illumina's value of 7.03 is 213.1% above this industry median. Based on the distribution chart, Illumina ranks #108 out of 136 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Illumina has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Illumina's Cyclically Adjusted PS Ratio compare to MTD and LH?
According to the Medical Diagnostics & Research industry distribution chart, Illumina ranks #108 out of 136 companies for Cyclically Adjusted PS Ratio. This places Illumina in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.25. Illumina's value of 7.03 is 213.1% above this benchmark. Historically, Illumina's own Cyclically Adjusted PS Ratio has ranged from 2.57 to 29.44 over the past decade. While the company's 10-year median is 16.72 vs. the industry median of 2.25, Illumina has consistently been above 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 Cyclically Adjusted PS Ratio for a Medical Diagnostics & Research company?
The median Cyclically Adjusted PS Ratio among Medical Diagnostics & Research companies is 2.25, based on 136 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Illumina's current Cyclically Adjusted PS Ratio of 7.03 is 213.1% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Illumina and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PS Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Illumina's current Cyclically Adjusted PS Ratio is 7.03, which is 58% below median its own 10-year median of 16.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Illumina stock overvalued right now?
Based on GuruFocus' analysis, Illumina (BSP:I1LM34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$136.93, compared to a current price of R$220.60 — trading 61.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.03, which is 58% below median its 10-year median of 16.72 and 213.1% above the Medical Diagnostics & Research industry median of 2.25. Illumina's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Illumina (BSP:I1LM34), the current Cyclically Adjusted PS Ratio is 7.03 as of Sep. 02, 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.

Is Illumina (BSP:I1LM34) Overvalued in 2026?

Based on GuruFocus' analysis, Illumina stock appears to be overvalued. The current stock price of R$220.60 is trading 61.1% above its estimated GF Value™ of R$136.93. GuruFocus considers Illumina to be Significantly Overvalued.

Key valuation signals for BSP:I1LM34:

  • Cyclically Adjusted PS Ratio: 7.03 (58% below median its 10-year median of 16.72)
  • GF Value™: R$136.93 vs. price of R$220.60 (61.1% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 213.1% above the Medical Diagnostics & Research median (#108 of 136)

No single metric tells the full story. See the BSP:I1LM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Illumina Business Description

Address 5200 Illumina Way, San Diego, CA, USA, 92122
Illumina provides tools and services to analyze genetic material with life science and clinical lab applications. The company generates over 90% of its revenue from sequencing instruments, consumables, and services. Illumina's high-throughput technology enables whole genome sequencing in humans and other large organisms. Its lower throughput tools enable applications that require smaller data outputs, such as viral and cancer tumor screening. Illumina also sells microarrays (9% of 2024 sales) that enable lower-cost, focused genetic screening with primarily consumer and agricultural applications.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$220.60
Price
R$136.93
GF Value