CYAN (Cyanotech) Cyclically Adjusted PS Ratio: 0.09 (As of Jul. 26, 2026) — 80% Below Median

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CYAN Cyanotech Corp CYAN
26 GF Score
Price $0.53
GF Value $0.39
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Cyanotech Cyclically Adjusted PS Ratio?

Cyanotech CYAN 26 Cyclically Adjusted PS Ratio is 0.09 as of Jul. 26, 2026, which is 80% below its 10-year median of 0.45. GuruFocus rates CYAN with a GF Score™ of 26/100 and a GF Value™ of $0.39 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,449 Consumer Packaged Goods companies, Cyanotech ranks better than 95.24% on this metric.

As of today (2026-07-26), Cyanotech's current share price is $0.5297. Cyanotech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was $5.78. Cyanotech's Cyclically Adjusted PS Ratio for today is 0.09.

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

CYAN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.45   Max: 1.15
Current: 0.09

During the past years, Cyanotech's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.04. And the median was 0.45.

CYAN's Cyclically Adjusted PS Ratio is ranked better than
95.24% of 1449 companies
in the Consumer Packaged Goods industry
Industry Median: 0.77 vs CYAN: 0.09

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.

Cyanotech's adjusted revenue per share data for the three months ended in Dec. 2025 was $0.795. 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 $5.78 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cyanotech  (OTCPK:CYAN) 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.


Cyanotech Cyclically Adjusted PS Ratio Related Terms


Cyanotech Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cyanotech'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.

Cyanotech Cyclically Adjusted PS Ratio Chart

Cyanotech Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.53 0.14 0.05 0.06

Cyanotech Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.06 0.06 0.06 0.05 0.08

CYAN vs PAVS, TOFB, ATPC: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, Cyanotech'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.


Cyanotech Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cyanotech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CYAN
26GF Score
Cyanotech Corp CYAN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cyanotech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.5297/5.78
=0.09

* 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.

Cyanotech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.795/324.0540*324.0540
=0.795

Current CPI (Dec. 2025) = 324.0540.

Cyanotech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 1.465 238.132 1.994
201606 1.300 241.018 1.748
201609 1.722 241.428 2.311
201612 1.342 241.432 1.801
201703 1.279 243.801 1.700
201706 1.540 244.955 2.037
201709 1.396 246.819 1.833
201712 1.569 246.524 2.062
201803 1.396 249.554 1.813
201806 1.235 251.989 1.588
201809 1.198 252.439 1.538
201812 1.713 251.233 2.210
201903 1.036 254.202 1.321
201906 1.364 256.143 1.726
201909 1.287 256.759 1.624
201912 1.259 256.974 1.588
202003 1.442 258.115 1.810
202006 1.218 257.797 1.531
202009 1.391 260.280 1.732
202012 1.123 260.474 1.397
202103 1.547 264.877 1.893
202106 1.424 271.696 1.698
202109 1.534 274.310 1.812
202112 1.527 278.802 1.775
202203 1.311 287.504 1.478
202206 1.083 296.311 1.184
202209 0.832 296.808 0.908
202212 0.939 296.797 1.025
202303 0.860 301.836 0.923
202306 0.818 305.109 0.869
202309 1.001 307.789 1.054
202312 0.852 306.746 0.900
202403 0.864 312.332 0.896
202406 0.849 314.175 0.876
202409 0.835 315.301 0.858
202412 0.862 315.605 0.885
202503 0.878 319.799 0.890
202506 0.807 322.561 0.811
202509 0.957 324.800 0.955
202512 0.795 324.054 0.795

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 0.09 mean?
Cyanotech (CYAN) has a Cyclically Adjusted PS Ratio of 0.09 as of Jul. 26, 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 Cyanotech and its competitors. This is 80% below median its historical median of 0.45. Over the past decade, Cyanotech's Cyclically Adjusted PS Ratio has ranged from 0.04 to 1.15. According to the industry distribution chart, Cyanotech ranks #69 out of 1449 companies in the Consumer Packaged Goods industry, placing it in the top 4.8%.
Is Cyanotech's Cyclically Adjusted PS Ratio too high?
Cyanotech's current Cyclically Adjusted PS Ratio of 0.09 is 80% below median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.15. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.77. Cyanotech's value of 0.09 is 88.3% below this industry median. Based on the distribution chart, Cyanotech ranks #69 out of 1449 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Cyanotech has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cyanotech's Cyclically Adjusted PS Ratio compare to PAVS and TOFB?
According to the Consumer Packaged Goods industry distribution chart, Cyanotech ranks #69 out of 1449 companies for Cyclically Adjusted PS Ratio. This places Cyanotech in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.77. Cyanotech's value of 0.09 is 88.3% below this benchmark. Historically, Cyanotech's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 1.15 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 0.77, Cyanotech 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 Cyclically Adjusted PS Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.77, based on 1,449 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. Cyanotech's current Cyclically Adjusted PS Ratio of 0.09 is 88.3% 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 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 Cyanotech and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cyanotech's current Cyclically Adjusted PS Ratio is 0.09, which is 80% below median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cyanotech stock overvalued right now?
Based on GuruFocus' analysis, Cyanotech (CYAN) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.39, compared to a current price of $0.53 — trading 35.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 80% below median its 10-year median of 0.45 and 88.3% below the Consumer Packaged Goods industry median of 0.77. Cyanotech's overall GF Score™ is 26/100 with 9 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 Cyanotech (CYAN), the current Cyclically Adjusted PS Ratio is 0.09 as of Jul. 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.

Is Cyanotech (CYAN) Overvalued in 2026?

Based on GuruFocus' analysis, Cyanotech stock appears to be overvalued. The current stock price of $0.53 is trading 35.8% above its estimated GF Value™ of $0.39. GuruFocus considers Cyanotech to be Significantly Overvalued.

Key valuation signals for CYAN:

  • Cyclically Adjusted PS Ratio: 0.09 (80% below median its 10-year median of 0.45)
  • GF Value™: $0.39 vs. price of $0.53 (35.8% above fair value)
  • GF Score™: 26/100 with 9 warning signs
  • Industry Position: 88.3% below the Consumer Packaged Goods median (#69 of 1449)

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


Cyanotech Business Description

Address 73-4460 Queen Kaahumanu Highway, Suite 102, Kailua-Kona, HI, USA, 96740
Cyanotech Corp is engaged in the production of natural products derived from microalgae for the nutritional supplements market. The company's products include BioAstin Hawaiian Astaxanthin and Hawaiian Spirulina Pacifica is a dietary supplement used for extra energy, a strengthened immune system, cardiovascular benefits, and as a source of antioxidant carotenoids. BioAstin Hawaiian Astaxanthin is a dietary antioxidant shown to support and maintain the body's natural inflammatory response, enhance skin, and support eye and joint health. It derives maximum revenue from the Packaged product and geographically from the United States.
26GF Score

Get the complete analysis for CYAN

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.53
Price
$0.39
GF Value