DARE (Dare Bioscience) Cyclically Adjusted PS Ratio: 2.71 (As of Jul. 16, 2026) — Near Median

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DARE Dare Bioscience Inc DARE
21 GF Score
Price $2.03
! 4 Warning Signs
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What is Dare Bioscience Cyclically Adjusted PS Ratio?

Dare Bioscience DARE -1.69% 21 Cyclically Adjusted PS Ratio is 2.71 as of Jul. 16, 2026, which is 2% above its 10-year median of 2.66. GuruFocus rates DARE with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 538 Biotechnology companies, Dare Bioscience ranks better than 67.1% on this metric.

As of today (2026-07-16), Dare Bioscience's current share price is $2.03. Dare Bioscience's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.75. Dare Bioscience's Cyclically Adjusted PS Ratio for today is 2.71.

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

DARE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.66   Max: 3.93
Current: 2.76

During the past years, Dare Bioscience's highest Cyclically Adjusted PS Ratio was 3.93. The lowest was 1.68. And the median was 2.66.

DARE's Cyclically Adjusted PS Ratio is ranked better than
67.1% of 538 companies
in the Biotechnology industry
Industry Median: 5.795 vs DARE: 2.76

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.

Dare Bioscience's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.010. 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 $0.75 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dare Bioscience  (NAS:DARE) 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.


Dare Bioscience Cyclically Adjusted PS Ratio Related Terms


Dare Bioscience Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Dare Bioscience'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.

Dare Bioscience Cyclically Adjusted PS Ratio Chart

Dare Bioscience 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 0.00 0.00 1.84 2.89 2.40

Dare Bioscience Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.01 2.78 0.00 2.40 2.43

DARE vs ATNM, NNVC, LSTA: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Dare Bioscience'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.


Dare Bioscience Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


DARE
21GF Score
Dare Bioscience Inc DARE
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Dare Bioscience 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.

Dare Bioscience's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.03/0.75
=2.71

* 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.

Dare Bioscience's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.01/330.2130*330.2130
=0.010

Current CPI (Mar. 2026) = 330.2130.

Dare Bioscience Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 0.000 264.877 0.000
202106 0.000 271.696 0.000
202109 0.000 274.310 0.000
202112 0.000 278.802 0.000
202203 0.000 287.504 0.000
202206 1.406 296.311 1.567
202209 0.000 296.808 0.000
202212 0.000 296.797 0.000
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.132 307.789 0.142
202312 0.248 306.746 0.267
202403 0.001 312.332 0.001
202406 0.003 314.175 0.003
202409 0.005 315.301 0.005
202412 -0.008 315.605 -0.008
202503 0.003 319.799 0.003
202506 -0.002 322.561 -0.002
202509 0.000 324.800 0.000
202512 0.072 324.054 0.073
202603 0.010 330.213 0.010

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 2.71 mean?
Dare Bioscience (DARE) has a Cyclically Adjusted PS Ratio of 2.71 as of Jul. 16, 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 Dare Bioscience and its competitors. This is near median its historical median of 2.66. Over the past decade, Dare Bioscience's Cyclically Adjusted PS Ratio has ranged from 1.68 to 3.93. According to the industry distribution chart, Dare Bioscience ranks #177 out of 538 companies in the Biotechnology industry, placing it in the top 32.9%.
Is Dare Bioscience's Cyclically Adjusted PS Ratio too high?
Dare Bioscience's current Cyclically Adjusted PS Ratio of 2.71 is near median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 3.93. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.80. Dare Bioscience's value of 2.71 is 53.2% below this industry median. Based on the distribution chart, Dare Bioscience ranks #177 out of 538 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Dare Bioscience has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Dare Bioscience's Cyclically Adjusted PS Ratio compare to ATNM and NNVC?
According to the Biotechnology industry distribution chart, Dare Bioscience ranks #177 out of 538 companies for Cyclically Adjusted PS Ratio. This puts Dare Bioscience in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.80. Dare Bioscience's value of 2.71 is 53.2% below this benchmark. Historically, Dare Bioscience's own Cyclically Adjusted PS Ratio has ranged from 1.68 to 3.93 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 5.80, Dare Bioscience 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.80, based on 538 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. Dare Bioscience's current Cyclically Adjusted PS Ratio of 2.71 is 53.2% 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 Dare Bioscience and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dare Bioscience's current Cyclically Adjusted PS Ratio is 2.71, which is near median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dare Bioscience stock overvalued right now?
Dare Bioscience (DARE) has a current Cyclically Adjusted PS Ratio of 2.71. The current Cyclically Adjusted PS Ratio is 2.71, which is near median its 10-year median of 2.66 and 53.2% below the Biotechnology industry median of 5.80. Dare Bioscience's overall GF Score™ is 21/100 with 4 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 Dare Bioscience (DARE), the current Cyclically Adjusted PS Ratio is 2.71 as of Jul. 16, 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.

Dare Bioscience Business Description

Address 3655 Nobel Drive, Suite 260, San Diego, CA, USA, 92122
Dare Bioscience Inc is a biopharmaceutical company committed to advancing products for women's health. The company identifies, develops, and brings to market a diverse portfolio of differentiated therapies that prioritize women's health and well-being, expand treatment options, and improve outcomes, in the areas of contraception, fertility, and vaginal and sexual health. The company's first product, XACIATO is a single-dose vaginal gel prescription product for the treatment of bacterial vaginosis in females 12 years of age and older. The company's portfolio includes two product candidates in clinical development namely, Ovaprene and Sildenafil Cream. It has one operating segment, women's health.
21GF Score

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