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AgenusFRA:AJ8 -3.94%48 Cyclically Adjusted PS Ratio is 0.57 as of Aug. 18, 2026, which is 91% below its 10-year median of 6.18. GuruFocus rates FRA:AJ8 with a GF Score™ of 48/100 and a GF Value™ of €3.22 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 533 Biotechnology companies, Agenus ranks better than 88.56% on this metric.
As of today (2026-08-18), Agenus's current share price is €6.10. Agenus's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €10.78. Agenus's Cyclically Adjusted PS Ratio for today is 0.57.
The historical rank and industry rank for Agenus's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:AJ8'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13 Med: 6.18 Max: 21.13
Current: 0.59
During the past years, Agenus's highest Cyclically Adjusted PS Ratio was 21.13. The lowest was 0.13. And the median was 6.18.
FRA:AJ8's Cyclically Adjusted PS Ratio is ranked better than 88.56% of 533
companies
in the Biotechnology industry
Industry Median: 5.72
vs FRA:AJ8: 0.59
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.
Agenus's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.725. 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 €10.78 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Agenus (FRA:AJ8) 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.
Agenus Cyclically Adjusted PS Ratio Related Terms
Agenus Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Agenus'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.
FRA:AJ8 vs FULC, IRD, TTRX: Cyclically Adjusted PS Ratio Comparison
For the Biotechnology subindustry, Agenus'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.
Agenus Cyclically Adjusted PS Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Agenus's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Agenus's Cyclically Adjusted PS Ratio falls into.
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.
Agenus'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 0.57 mean?
Agenus (FRA:AJ8) has a Cyclically Adjusted PS Ratio of 0.57 as of Aug. 18, 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 Agenus and its competitors. This is 91% below median its historical median of 6.18. Over the past decade, Agenus' Cyclically Adjusted PS Ratio has ranged from 0.13 to 21.13. According to the industry distribution chart, Agenus ranks #61 out of 533 companies in the Biotechnology industry, placing it in the top 11.4%.
Is Agenus' Cyclically Adjusted PS Ratio too high?
Agenus' current Cyclically Adjusted PS Ratio of 0.57 is 91% below median its 10-year median of 6.18. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 21.13. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.72. Agenus' value of 0.57 is 90% below this industry median. Based on the distribution chart, Agenus ranks #61 out of 533 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Agenus has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Agenus' Cyclically Adjusted PS Ratio compare to FULC and IRD?
According to the Biotechnology industry distribution chart, Agenus ranks #61 out of 533 companies for Cyclically Adjusted PS Ratio. This places Agenus in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.72. Agenus' value of 0.57 is 90% below this benchmark. Historically, Agenus' own Cyclically Adjusted PS Ratio has ranged from 0.13 to 21.13 over the past decade. While the company's 10-year median is 6.18 vs. the industry median of 5.72, Agenus has consistently been below 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 5.72, based on 533 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. Agenus's current Cyclically Adjusted PS Ratio of 0.57 is 90% below 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 Agenus and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agenus's current Cyclically Adjusted PS Ratio is 0.57, which is 91% below median its own 10-year median of 6.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agenus stock overvalued right now?
Based on GuruFocus' analysis, Agenus (FRA:AJ8) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.22, compared to a current price of €6.10 — trading 89.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.57, which is 91% below median its 10-year median of 6.18 and 90% below the Biotechnology industry median of 5.72. Agenus' overall GF Score™ is 48/100 with 12 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 Agenus (FRA:AJ8), the current Cyclically Adjusted PS Ratio is 0.57 as of Aug. 18, 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 Agenus (FRA:AJ8) Overvalued in 2026?
Based on GuruFocus' analysis, Agenus stock appears to be overvalued.
The current stock price of €6.10 is trading 89.4% above its estimated GF Value™ of €3.22.
GuruFocus considers Agenus to be Significantly Overvalued.
Key valuation signals for FRA:AJ8:
Cyclically Adjusted PS Ratio: 0.57 (91% below median its 10-year median of 6.18)
GF Value™: €3.22 vs. price of €6.10 (89.4% above fair value)
Industry Position: 90% below the Biotechnology median (#61 of 533)
No single metric tells the full story. See the FRA:AJ8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Agenus Inc is a clinical-stage biotechnology company focused on discovering and developing immunotherapies for cancer and infectious diseases. Its primary business is immuno-oncology (I-O), where it advances antibody-based programs designed to activate innate and adaptive immunity, overcome tumor immune evasion, and expand the number of patients who may benefit from immunotherapy. The Company's clinical program includes botensilimab (BOT or AGEN1181), both as a monotherapy and in combination with balstilimab (BAL), alongside a portfolio of other clinical-stage immuno-oncology assets that may be used independently or in combination therapies. The Company operates in the United States, which contributes the majority of its revenue, as well as in other international markets.
48GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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