Voxel (FRA:0NX) Cyclically Adjusted PS Ratio: 2.97 (As of Aug. 05, 2026) — Near Median

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FRA:0NX Voxel SA FRA:0NX
89 GF Score
Price €28.65
GF Value €30.48
Valuation Fairly Valued
! 2 Warning Signs
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What is Voxel Cyclically Adjusted PS Ratio?

Voxel FRA:0NX +0.17% 89 Cyclically Adjusted PS Ratio is 2.97 as of Aug. 05, 2026, which is 6% above its 10-year median of 2.79. GuruFocus rates FRA:0NX with a GF Score™ of 89/100 and a GF Value™ of €30.48 (Fairly Valued). The stock has 2 warning signs investors should review. Among 135 Medical Diagnostics & Research companies, Voxel ranks worse than 62.22% on this metric.

As of today (2026-08-05), Voxel's current share price is €28.65. Voxel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.64. Voxel's Cyclically Adjusted PS Ratio for today is 2.97.

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

FRA:0NX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.79   Max: 5
Current: 2.91

During the past years, Voxel's highest Cyclically Adjusted PS Ratio was 5.00. The lowest was 1.35. And the median was 2.79.

FRA:0NX's Cyclically Adjusted PS Ratio is ranked worse than
62.22% of 135 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.88 vs FRA:0NX: 2.91

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.

Voxel's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.484. 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 €9.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voxel  (FRA:0NX) 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.


Voxel Cyclically Adjusted PS Ratio Related Terms


Voxel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Voxel'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.

Voxel Cyclically Adjusted PS Ratio Chart

Voxel 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 2.27 1.72 2.64 3.64 3.07

Voxel 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 3.92 4.32 4.24 3.07 2.54

FRA:0NX vs TMO, DHR, IDXX: Cyclically Adjusted PS Ratio Comparison

For the Diagnostics & Research subindustry, Voxel'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.


Voxel Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

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

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


FRA:0NX
89GF Score
Voxel SA FRA:0NX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Voxel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.65/9.64
=2.97

* 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.

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

For example, Voxel'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)
=3.484/163.0700*163.0700
=3.484

Current CPI (Mar. 2026) = 163.0700.

Voxel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.695 99.552 1.138
201609 0.538 99.064 0.886
201612 0.829 100.366 1.347
201703 0.761 101.018 1.228
201706 0.673 101.180 1.085
201709 0.720 101.343 1.159
201712 1.217 102.564 1.935
201803 0.720 102.564 1.145
201806 0.739 103.378 1.166
201809 0.854 103.378 1.347
201812 1.469 103.785 2.308
201903 1.082 104.274 1.692
201906 1.025 105.983 1.577
201909 1.087 105.983 1.673
201912 1.498 107.123 2.280
202003 1.131 109.076 1.691
202006 1.185 109.402 1.766
202009 1.927 109.320 2.874
202012 3.056 109.565 4.548
202103 2.473 112.658 3.580
202106 2.390 113.960 3.420
202109 2.089 115.588 2.947
202112 2.865 119.088 3.923
202203 2.214 125.031 2.888
202206 1.669 131.705 2.066
202209 2.239 135.531 2.694
202212 1.905 139.113 2.233
202303 1.966 145.950 2.197
202306 2.038 147.009 2.261
202309 2.618 146.113 2.922
202312 2.781 147.741 3.070
202403 2.407 149.044 2.634
202406 2.750 150.997 2.970
202409 2.983 153.439 3.170
202412 3.113 154.660 3.282
202503 3.497 157.021 3.632
202506 2.818 157.509 2.917
202509 3.174 158.000 3.276
202512 3.447 158.320 3.550
202603 3.484 163.070 3.484

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 2.97 mean?
Voxel (FRA:0NX) has a Cyclically Adjusted PS Ratio of 2.97 as of Aug. 05, 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 Voxel and its competitors. This is near median its historical median of 2.79. Over the past decade, Voxel's Cyclically Adjusted PS Ratio has ranged from 1.35 to 5.00. According to the industry distribution chart, Voxel ranks #84 out of 135 companies in the Medical Diagnostics & Research industry, placing it in the top 62.2%.
Is Voxel's Cyclically Adjusted PS Ratio too high?
Voxel's current Cyclically Adjusted PS Ratio of 2.97 is near median its 10-year median of 2.79. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 5.00. The Medical Diagnostics & Research industry median Cyclically Adjusted PS Ratio is 1.88. Voxel's value of 2.97 is 58% above this industry median. Based on the distribution chart, Voxel ranks #84 out of 135 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Voxel has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Voxel's Cyclically Adjusted PS Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Voxel ranks #84 out of 135 companies for Cyclically Adjusted PS Ratio. This places Voxel in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.88. Voxel's value of 2.97 is 58% above this benchmark. Historically, Voxel's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 5.00 over the past decade. While the company's 10-year median is 2.79 vs. the industry median of 1.88, Voxel 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 1.88, based on 135 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. Voxel's current Cyclically Adjusted PS Ratio of 2.97 is 58% 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 Voxel and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PS Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voxel's current Cyclically Adjusted PS Ratio is 2.97, which is near median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voxel stock overvalued right now?
Based on GuruFocus' analysis, Voxel (FRA:0NX) is currently considered Fairly Valued. The stock's GF Value™ is €30.48, compared to a current price of €28.65 — trading 6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.97, which is near median its 10-year median of 2.79 and 58% above the Medical Diagnostics & Research industry median of 1.88. Voxel's overall GF Score™ is 89/100 with 2 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 Voxel (FRA:0NX), the current Cyclically Adjusted PS Ratio is 2.97 as of Aug. 05, 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 Voxel (FRA:0NX) Overvalued in 2026?

Based on GuruFocus' analysis, Voxel stock appears to be undervalued. The current stock price of €28.65 is trading 6% below its estimated GF Value™ of €30.48. GuruFocus considers Voxel to be Fairly Valued.

Key valuation signals for FRA:0NX:

  • Cyclically Adjusted PS Ratio: 2.97 (near median its 10-year median of 2.79)
  • GF Value™: €30.48 vs. price of €28.65 (6% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 58% above the Medical Diagnostics & Research median (#84 of 135)

No single metric tells the full story. See the FRA:0NX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voxel Business Description

Other Exchanges VOX:Poland
Address ulica Wielicka 265, Krakow, POL, 30-663
Voxel SA is a network of diagnostic imaging laboratories created for patients and to increase access to high-quality tests. The company operates diagnostic imaging centers and laboratories and provides several services such as magnetic resonance imaging, computed tomography and positron emission tomography. It has 33 specialised laboratories in 21 cities throughout Poland.
89GF Score

Get the complete analysis for FRA:0NX

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

€28.65
Price
€30.48
GF Value