Knight Therapeutics (FRA:04K) Cyclically Adjusted PS Ratio: 4.26 (As of Aug. 14, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:04K Knight Therapeutics Inc FRA:04K
74 GF Score
Price €5.75
GF Value €5.86
! 4 Warning Signs
View Full Analysis

What is Knight Therapeutics Cyclically Adjusted PS Ratio?

Knight Therapeutics FRA:04K -2.54% 74 Cyclically Adjusted PS Ratio is 4.26 as of Aug. 14, 2026, which is 5% above its 10-year median of 4.05. GuruFocus rates FRA:04K with a GF Score™ of 74/100 and a GF Value™ of €5.86. The stock has 4 warning signs investors should review. Among 751 Drug Manufacturers companies, Knight Therapeutics ranks worse than 72.44% on this metric.

As of today (2026-08-14), Knight Therapeutics's current share price is €5.75. Knight Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.35. Knight Therapeutics's Cyclically Adjusted PS Ratio for today is 4.26.

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

FRA:04K' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.05   Med: 4.05   Max: 5.27
Current: 4.14

During the past years, Knight Therapeutics's highest Cyclically Adjusted PS Ratio was 5.27. The lowest was 3.05. And the median was 4.05.

FRA:04K's Cyclically Adjusted PS Ratio is ranked worse than
72.44% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.04 vs FRA:04K: 4.14

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.

Knight Therapeutics's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.908. 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 €1.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Knight Therapeutics  (FRA:04K) 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.


Knight Therapeutics Cyclically Adjusted PS Ratio Related Terms


Knight Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Knight 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.

Knight Therapeutics Cyclically Adjusted PS Ratio Chart

Knight Therapeutics 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 4.78 3.77 3.18

Knight Therapeutics 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 3.55 3.33 3.18 3.57 4.39

FRA:04K vs ZTS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Knight 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.


Knight Therapeutics Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Knight Therapeutics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:04K
74GF Score
Knight Therapeutics Inc FRA:04K
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Knight 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.

Knight Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.75/1.35
=4.26

* 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.

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

For example, Knight Therapeutics'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)
=0.908/133.5265*133.5265
=0.908

Current CPI (Jun. 2026) = 133.5265.

Knight Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.010 101.765 0.013
201612 0.010 101.449 0.013
201703 0.009 102.634 0.012
201706 0.012 103.029 0.016
201709 0.009 103.345 0.012
201712 0.012 103.345 0.016
201803 0.014 105.004 0.018
201806 0.010 105.557 0.013
201809 0.015 105.636 0.019
201812 0.018 105.399 0.023
201903 0.014 106.979 0.017
201906 0.015 107.690 0.019
201909 0.020 107.611 0.025
201912 0.187 107.769 0.232
202003 0.219 107.927 0.271
202006 0.266 108.401 0.328
202009 0.222 108.164 0.274
202012 0.272 108.559 0.335
202103 0.239 110.298 0.289
202106 0.355 111.720 0.424
202109 0.400 112.905 0.473
202112 0.335 113.774 0.393
202203 0.391 117.646 0.444
202206 0.486 120.806 0.537
202209 0.478 120.648 0.529
202212 0.503 120.964 0.555
202303 0.506 122.702 0.551
202306 0.575 124.203 0.618
202309 0.530 125.230 0.565
202312 0.489 125.072 0.522
202403 0.582 126.258 0.616
202406 0.639 127.522 0.669
202409 0.607 127.285 0.637
202412 0.636 127.364 0.667
202503 0.567 129.181 0.586
202506 0.684 129.892 0.703
202509 0.751 130.287 0.770
202512 0.830 130.366 0.850
202603 0.946 132.262 0.955
202606 0.908 133.527 0.908

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 4.26 mean?
Knight Therapeutics (FRA:04K) has a Cyclically Adjusted PS Ratio of 4.26 as of Aug. 14, 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 Knight Therapeutics and its competitors. This is near median its historical median of 4.05. Over the past decade, Knight Therapeutics' Cyclically Adjusted PS Ratio has ranged from 3.05 to 5.27. According to the industry distribution chart, Knight Therapeutics ranks #544 out of 751 companies in the Drug Manufacturers industry, placing it in the top 72.4%.
Is Knight Therapeutics' Cyclically Adjusted PS Ratio too high?
Knight Therapeutics' current Cyclically Adjusted PS Ratio of 4.26 is near median its 10-year median of 4.05. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 5.27. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.04. Knight Therapeutics' value of 4.26 is 108.8% above this industry median. Based on the distribution chart, Knight Therapeutics ranks #544 out of 751 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Knight Therapeutics has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Knight Therapeutics' Cyclically Adjusted PS Ratio compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Knight Therapeutics ranks #544 out of 751 companies for Cyclically Adjusted PS Ratio. This places Knight Therapeutics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.04. Knight Therapeutics' value of 4.26 is 108.8% above this benchmark. Historically, Knight Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 3.05 to 5.27 over the past decade. While the company's 10-year median is 4.05 vs. the industry median of 2.04, Knight 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.04, based on 751 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. Knight Therapeutics's current Cyclically Adjusted PS Ratio of 4.26 is 108.8% 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 Knight Therapeutics and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knight Therapeutics's current Cyclically Adjusted PS Ratio is 4.26, which is near median its own 10-year median of 4.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knight Therapeutics stock overvalued right now?
Knight Therapeutics (FRA:04K) has a current Cyclically Adjusted PS Ratio of 4.26. The stock's GF Value™ is €5.86, compared to a current price of €5.75 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.26, which is near median its 10-year median of 4.05 and 108.8% above the Drug Manufacturers industry median of 2.04. Knight Therapeutics' overall GF Score™ is 74/100 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 Knight Therapeutics (FRA:04K), the current Cyclically Adjusted PS Ratio is 4.26 as of Aug. 14, 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 Knight Therapeutics (FRA:04K) Overvalued in 2026?

Based on GuruFocus' analysis, Knight Therapeutics stock appears to be undervalued. The current stock price of €5.75 is trading 1.9% below its estimated GF Value™ of €5.86.

Key valuation signals for FRA:04K:

  • Cyclically Adjusted PS Ratio: 4.26 (near median its 10-year median of 4.05)
  • GF Value™: €5.86 vs. price of €5.75 (1.9% below fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 108.8% above the Drug Manufacturers median (#544 of 751)

No single metric tells the full story. See the FRA:04K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Knight Therapeutics Business Description

Other Exchanges KHTRF:USAGUD:Canada
Address 100 Alexis Nihon Boulevard, Suite 600, Saint-Laurent, QC, CAN, H4M 2P2
Knight Therapeutics Inc is a specialty and generic drug manufacturing company. The company's principal business activity is focused on developing, acquiring, in-licensing, out-licensing, marketing, and commercializing pharmaceuticalproducts. and distributing pharmaceutical products, consumer health products, and medical devices in Canada, Latin America and select international markets. The company finances other life sciences companies across the globe in order to generate interest income, strengthen relationships in the life sciences industry, and to secure product distribution rights. Geographically, the company generates revenue from Brazil, Canada, Colombia, Argentina, Mexico, Rest of LATAM, and Others, with the majority revenue generated from the Brazil region.
74GF Score

Get the complete analysis for FRA:04K

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

€5.75
Price
€5.86
GF Value