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Fate TherapeuticsFATE +1.98%33 Cyclically Adjusted PS Ratio is 6.75 as of Aug. 16, 2026, which is 17% below its 10-year median of 8.13. GuruFocus rates FATE with a GF Score™ of 33/100 and a GF Value™ of $0.79 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 536 Biotechnology companies, Fate Therapeutics ranks worse than 55.6% on this metric.
The historical rank and industry rank for Fate Therapeutics's Cyclically Adjusted PS Ratio or its related term are showing as below:
FATE'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.98 Med: 8.13 Max: 158.92
Current: 6.79
During the past years, Fate Therapeutics's highest Cyclically Adjusted PS Ratio was 158.92. The lowest was 1.98. And the median was 8.13.
FATE's Cyclically Adjusted PS Ratio is ranked worse than 55.6% of 536
companies
in the Biotechnology industry
Industry Median: 5.725
vs FATE: 6.79
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.
Fate Therapeutics's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.017. 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 $0.38 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Fate Therapeutics (NAS:FATE) 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.
Fate Therapeutics Cyclically Adjusted PS Ratio Related Terms
Fate Therapeutics Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Fate Therapeutics'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.
Fate Therapeutics Cyclically Adjusted PS Ratio Chart
FATE vs IMRX, NWBO, FHTX: Cyclically Adjusted PS Ratio Comparison
For the Biotechnology subindustry, Fate Therapeutics'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.
Fate Therapeutics Cyclically Adjusted PS Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Fate Therapeutics's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Fate Therapeutics's Cyclically Adjusted PS Ratio falls into.
Fate Therapeutics 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.
Fate Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 6.75 mean?
Fate Therapeutics (FATE) has a Cyclically Adjusted PS Ratio of 6.75 as of Aug. 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 Fate Therapeutics and its competitors. This is 17% below median its historical median of 8.13. Over the past decade, Fate Therapeutics' Cyclically Adjusted PS Ratio has ranged from 1.98 to 158.92. According to the industry distribution chart, Fate Therapeutics ranks #298 out of 536 companies in the Biotechnology industry, placing it in the top 55.6%.
Is Fate Therapeutics' Cyclically Adjusted PS Ratio too high?
Fate Therapeutics' current Cyclically Adjusted PS Ratio of 6.75 is 17% below median its 10-year median of 8.13. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 158.92. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.73. Fate Therapeutics' value of 6.75 is 17.9% above this industry median. Based on the distribution chart, Fate Therapeutics ranks #298 out of 536 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Fate Therapeutics has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fate Therapeutics' Cyclically Adjusted PS Ratio compare to IMRX and NWBO?
According to the Biotechnology industry distribution chart, Fate Therapeutics ranks #298 out of 536 companies for Cyclically Adjusted PS Ratio. This places Fate Therapeutics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.73. Fate Therapeutics' value of 6.75 is 17.9% above this benchmark. Historically, Fate Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 1.98 to 158.92 over the past decade. While the company's 10-year median is 8.13 vs. the industry median of 5.73, Fate Therapeutics 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.73, based on 536 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. Fate Therapeutics's current Cyclically Adjusted PS Ratio of 6.75 is 17.9% 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 Fate Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fate Therapeutics's current Cyclically Adjusted PS Ratio is 6.75, which is 17% below median its own 10-year median of 8.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fate Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Fate Therapeutics (FATE) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.79, compared to a current price of $2.57 — trading 224.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.75, which is 17% below median its 10-year median of 8.13 and 17.9% above the Biotechnology industry median of 5.73. Fate Therapeutics' overall GF Score™ is 33/100 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 Fate Therapeutics (FATE), the current Cyclically Adjusted PS Ratio is 6.75 as of Aug. 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.
Is Fate Therapeutics (FATE) Overvalued in 2026?
Based on GuruFocus' analysis, Fate Therapeutics stock appears to be overvalued.
The current stock price of $2.57 is trading 224.7% above its estimated GF Value™ of $0.79.
GuruFocus considers Fate Therapeutics to be Significantly Overvalued.
Key valuation signals for FATE:
Cyclically Adjusted PS Ratio: 6.75 (17% below median its 10-year median of 8.13)
GF Value™: $0.79 vs. price of $2.57 (224.7% above fair value)
Industry Position: 17.9% above the Biotechnology median (#298 of 536)
No single metric tells the full story. See the FATE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fate Therapeutics Inc is a clinical-stage biopharmaceutical company based in the United States. The company is engaged in the development of programmed cellular immunotherapies for cancer and autoimmune disorders. The company's cell therapy pipeline is comprised of NK- and T-cell immuno-oncology programs, including off-the-shelf engineered product candidates derived from clonal master iPSC lines, and immuno-regulatory programs, including product candidates to prevent life-threatening complications in patients.
33GF Score
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