C-Rad AB (FRA:24C) Cyclically Adjusted PS Ratio: 3.82 (As of Jul. 30, 2026) — 56% Below 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:24C C-Rad AB FRA:24C
91 GF Score
Price €3.25
GF Value €2.86
! 4 Warning Signs
View Full Analysis

What is C-Rad AB Cyclically Adjusted PS Ratio?

C-Rad AB FRA:24C +1.56% 91 Cyclically Adjusted PS Ratio is 3.82 as of Jul. 30, 2026, which is 56% below its 10-year median of 8.78. GuruFocus rates FRA:24C with a GF Score™ of 91/100 and a GF Value™ of €2.86. The stock has 4 warning signs investors should review. Among 520 Medical Devices & Instruments companies, C-Rad AB ranks worse than 65.38% on this metric.

As of today (2026-07-30), C-Rad AB's current share price is €3.25. C-Rad AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €0.85. C-Rad AB's Cyclically Adjusted PS Ratio for today is 3.82.

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

FRA:24C' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 8.78   Max: 16.57
Current: 3.8

During the past years, C-Rad AB's highest Cyclically Adjusted PS Ratio was 16.57. The lowest was 2.63. And the median was 8.78.

FRA:24C's Cyclically Adjusted PS Ratio is ranked worse than
65.38% of 520 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs FRA:24C: 3.80

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.

C-Rad AB's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.328. 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 €0.85 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


C-Rad AB  (FRA:24C) 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.


C-Rad AB Cyclically Adjusted PS Ratio Related Terms


C-Rad AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for C-Rad AB'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.

C-Rad AB Cyclically Adjusted PS Ratio Chart

C-Rad AB 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 12.06 6.42 5.87 3.61 3.46

C-Rad AB 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 4.08 3.56 3.46 2.74 3.72

FRA:24C vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, C-Rad AB'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.


C-Rad AB Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, C-Rad AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where C-Rad AB's Cyclically Adjusted PS Ratio falls into.


FRA:24C
91GF Score
C-Rad AB FRA:24C
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

C-Rad AB 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.

C-Rad AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.25/0.85
=3.82

* 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.

C-Rad AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, C-Rad AB'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)
=0.328/134.1100*134.1100
=0.328

Current CPI (Jun. 2026) = 134.1100.

C-Rad AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.085 101.138 0.113
201612 0.098 102.022 0.129
201703 0.086 102.022 0.113
201706 0.108 102.752 0.141
201709 0.111 103.279 0.144
201712 0.162 103.793 0.209
201803 0.106 103.962 0.137
201806 0.158 104.875 0.202
201809 0.149 105.679 0.189
201812 0.183 105.912 0.232
201903 0.145 105.886 0.184
201906 0.156 106.742 0.196
201909 0.168 107.214 0.210
201912 0.121 107.766 0.151
202003 0.148 106.563 0.186
202006 0.127 107.498 0.158
202009 0.152 107.635 0.189
202012 0.169 108.296 0.209
202103 0.175 108.360 0.217
202106 0.177 108.928 0.218
202109 0.184 110.338 0.224
202112 0.212 112.486 0.253
202203 0.158 114.825 0.185
202206 0.175 118.384 0.198
202209 0.229 122.296 0.251
202212 0.256 126.365 0.272
202303 0.223 127.042 0.235
202306 0.230 129.407 0.238
202309 0.278 130.224 0.286
202312 0.366 131.912 0.372
202403 0.308 132.205 0.312
202406 0.339 132.716 0.343
202409 0.261 132.304 0.265
202412 0.313 132.987 0.316
202503 0.321 132.825 0.324
202506 0.283 133.699 0.284
202509 0.302 133.480 0.303
202512 0.288 133.390 0.290
202603 0.288 133.560 0.289
202606 0.328 134.110 0.328

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 3.82 mean?
C-Rad AB (FRA:24C) has a Cyclically Adjusted PS Ratio of 3.82 as of Jul. 30, 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 C-Rad AB and its competitors. This is 56% below median its historical median of 8.78. Over the past decade, C-Rad AB's Cyclically Adjusted PS Ratio has ranged from 2.63 to 16.57. According to the industry distribution chart, C-Rad AB ranks #340 out of 520 companies in the Medical Devices & Instruments industry, placing it in the top 65.4%.
Is C-Rad AB's Cyclically Adjusted PS Ratio too high?
C-Rad AB's current Cyclically Adjusted PS Ratio of 3.82 is 56% below median its 10-year median of 8.78. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 16.57. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.26. C-Rad AB's value of 3.82 is 69% above this industry median. Based on the distribution chart, C-Rad AB ranks #340 out of 520 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, C-Rad AB has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does C-Rad AB's Cyclically Adjusted PS Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, C-Rad AB ranks #340 out of 520 companies for Cyclically Adjusted PS Ratio. This places C-Rad AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.26. C-Rad AB's value of 3.82 is 69% above this benchmark. Historically, C-Rad AB's own Cyclically Adjusted PS Ratio has ranged from 2.63 to 16.57 over the past decade. While the company's 10-year median is 8.78 vs. the industry median of 2.26, C-Rad AB 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 Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.26, based on 520 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. C-Rad AB's current Cyclically Adjusted PS Ratio of 3.82 is 69% 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 C-Rad AB and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. C-Rad AB's current Cyclically Adjusted PS Ratio is 3.82, which is 56% below median its own 10-year median of 8.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C-Rad AB stock overvalued right now?
C-Rad AB (FRA:24C) has a current Cyclically Adjusted PS Ratio of 3.82. The stock's GF Value™ is €2.86, compared to a current price of €3.25 — trading 13.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.82, which is 56% below median its 10-year median of 8.78 and 69% above the Medical Devices & Instruments industry median of 2.26. C-Rad AB's overall GF Score™ is 91/100 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 C-Rad AB (FRA:24C), the current Cyclically Adjusted PS Ratio is 3.82 as of Jul. 30, 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 C-Rad AB (FRA:24C) Overvalued in 2026?

Based on GuruFocus' analysis, C-Rad AB stock appears to be overvalued. The current stock price of €3.25 is trading 13.6% above its estimated GF Value™ of €2.86.

Key valuation signals for FRA:24C:

  • Cyclically Adjusted PS Ratio: 3.82 (56% below median its 10-year median of 8.78)
  • GF Value™: €2.86 vs. price of €3.25 (13.6% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 69% above the Medical Devices & Instruments median (#340 of 520)

No single metric tells the full story. See the FRA:24C stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


C-Rad AB Business Description

Other Exchanges CRAD B:Sweden0R44:UK
Address Sjukhusvagen 12K, Uppsala, SWE, 753 09
C-Rad AB is a Sweden-based company engaged in the development and sales of systems with applications in radiation therapy for the treatment of cancer. The systems can be used to position the patient before the treatment and to localize and monitor the tumor by recording information such as patient movements during radiation treatment. Its product portfolio includes the Catalyst and Sentinel systems. Geographically, the company generates a majority of its revenue from Asia Pacific region, and also has its presence in Europe, Middle East and Africa and the rest from Americas.
91GF Score

Get the complete analysis for FRA:24C

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

€3.25
Price
€2.86
GF Value