Veracyte (FRA:12V) Cyclically Adjusted PS Ratio: 14.02 (As of Jul. 28, 2026) — 65% Above Median

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FRA:12V Veracyte Inc FRA:12V
73 GF Score
Price €49.64
GF Value €34.32
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Veracyte Cyclically Adjusted PS Ratio?

Veracyte FRA:12V -0.76% 73 Cyclically Adjusted PS Ratio is 14.02 as of Jul. 28, 2026, which is 65% above its 10-year median of 8.48. GuruFocus rates FRA:12V with a GF Score™ of 73/100 and a GF Value™ of €34.32 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 135 Medical Diagnostics & Research companies, Veracyte ranks worse than 88.89% on this metric.

As of today (2026-07-28), Veracyte's current share price is €49.64. Veracyte's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.54. Veracyte's Cyclically Adjusted PS Ratio for today is 14.02.

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

FRA:12V' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.8   Med: 8.48   Max: 14.1
Current: 12.96

During the past years, Veracyte's highest Cyclically Adjusted PS Ratio was 14.10. The lowest was 5.80. And the median was 8.48.

FRA:12V's Cyclically Adjusted PS Ratio is ranked worse than
88.89% of 135 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.88 vs FRA:12V: 12.96

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.

Veracyte's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.479. 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 €3.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Veracyte  (FRA:12V) 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.


Veracyte Cyclically Adjusted PS Ratio Related Terms


Veracyte Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Veracyte'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.

Veracyte Cyclically Adjusted PS Ratio Chart

Veracyte 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 8.58 8.62 10.93 10.25

Veracyte 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 7.91 6.96 8.55 10.25 7.51

FRA:12V vs RDNT, SHC, ADPT: Cyclically Adjusted PS Ratio Comparison

For the Diagnostics & Research subindustry, Veracyte'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.


Veracyte Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

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

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


FRA:12V
73GF Score
Veracyte Inc FRA:12V
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veracyte 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.64/3.54
=14.02

* 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.

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

For example, Veracyte'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)
=1.479/330.2130*330.2130
=1.479

Current CPI (Mar. 2026) = 330.2130.

Veracyte Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.469 241.018 0.643
201609 0.594 241.428 0.812
201612 0.513 241.432 0.702
201703 0.454 243.801 0.615
201706 0.484 244.955 0.652
201709 0.433 246.819 0.579
201712 0.486 246.524 0.651
201803 0.474 249.554 0.627
201806 0.568 251.989 0.744
201809 0.521 252.439 0.682
201812 0.555 251.233 0.729
201903 0.635 254.202 0.825
201906 0.585 256.143 0.754
201909 0.579 256.759 0.745
201912 0.545 256.974 0.700
202003 0.566 258.115 0.724
202006 0.366 257.797 0.469
202009 0.482 260.280 0.612
202012 0.489 260.474 0.620
202103 0.487 264.877 0.607
202106 0.679 271.696 0.825
202109 0.736 274.310 0.886
202112 0.838 278.802 0.993
202203 0.864 287.504 0.992
202206 0.964 296.311 1.074
202209 1.065 296.808 1.185
202212 1.055 296.797 1.174
202303 1.067 301.836 1.167
202306 1.150 305.109 1.245
202309 1.160 307.789 1.245
202312 1.232 306.746 1.326
202403 1.192 312.332 1.260
202406 1.378 314.175 1.448
202409 1.330 315.301 1.393
202412 1.405 315.605 1.470
202503 1.323 319.799 1.366
202506 1.440 322.561 1.474
202509 1.410 324.800 1.433
202512 1.457 324.054 1.485
202603 1.479 330.213 1.479

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 14.02 mean?
Veracyte (FRA:12V) has a Cyclically Adjusted PS Ratio of 14.02 as of Jul. 28, 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 Veracyte and its competitors. This is 65% above median its historical median of 8.48. Over the past decade, Veracyte's Cyclically Adjusted PS Ratio has ranged from 5.80 to 14.10. According to the industry distribution chart, Veracyte ranks #120 out of 135 companies in the Medical Diagnostics & Research industry, placing it in the top 88.9%.
Is Veracyte's Cyclically Adjusted PS Ratio too high?
Veracyte's current Cyclically Adjusted PS Ratio of 14.02 is 65% above median its 10-year median of 8.48. Over the past 10 years, this metric has ranged from a low of 5.80 to a high of 14.10. The Medical Diagnostics & Research industry median Cyclically Adjusted PS Ratio is 1.88. Veracyte's value of 14.02 is 645.7% above this industry median. Based on the distribution chart, Veracyte ranks #120 out of 135 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Veracyte has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veracyte's Cyclically Adjusted PS Ratio compare to RDNT and SHC?
According to the Medical Diagnostics & Research industry distribution chart, Veracyte ranks #120 out of 135 companies for Cyclically Adjusted PS Ratio. This places Veracyte in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.88. Veracyte's value of 14.02 is 645.7% above this benchmark. Historically, Veracyte's own Cyclically Adjusted PS Ratio has ranged from 5.80 to 14.10 over the past decade. While the company's 10-year median is 8.48 vs. the industry median of 1.88, Veracyte 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. Veracyte's current Cyclically Adjusted PS Ratio of 14.02 is 645.7% 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 Veracyte 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. Veracyte's current Cyclically Adjusted PS Ratio is 14.02, which is 65% above median its own 10-year median of 8.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veracyte stock overvalued right now?
Based on GuruFocus' analysis, Veracyte (FRA:12V) is currently considered Significantly Overvalued. The stock's GF Value™ is €34.32, compared to a current price of €49.64 — trading 44.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.02, which is 65% above median its 10-year median of 8.48 and 645.7% above the Medical Diagnostics & Research industry median of 1.88. Veracyte's overall GF Score™ is 73/100 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 Veracyte (FRA:12V), the current Cyclically Adjusted PS Ratio is 14.02 as of Jul. 28, 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 Veracyte (FRA:12V) Overvalued in 2026?

Based on GuruFocus' analysis, Veracyte stock appears to be overvalued. The current stock price of €49.64 is trading 44.6% above its estimated GF Value™ of €34.32. GuruFocus considers Veracyte to be Significantly Overvalued.

Key valuation signals for FRA:12V:

  • Cyclically Adjusted PS Ratio: 14.02 (65% above median its 10-year median of 8.48)
  • GF Value™: €34.32 vs. price of €49.64 (44.6% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 645.7% above the Medical Diagnostics & Research median (#120 of 135)

No single metric tells the full story. See the FRA:12V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veracyte Business Description

Other Exchanges VCYT:USA12V:Germany
Address 6000 Shoreline Court, Suite 300, South San Francisco, CA, USA, 94080
Veracyte Inc is a genomic diagnostics company. The group empowers clinicians with the insights necessary to guide and assure patients at pivotal moments in the race to diagnose and treat cancer. It offers tests for prostate cancer (Decipher Prostate), thyroid cancer (Afirma), breast cancer (Prosigna), and bladder cancer (Decipher Bladder).
73GF Score

Get the complete analysis for FRA:12V

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

€49.64
Price
€34.32
GF Value