Vericel (FRA:ATQP) Cyclically Adjusted PS Ratio: 12.52 (As of Jul. 23, 2026) — 19% Above Median

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FRA:ATQP Vericel Corp FRA:ATQP
83 GF Score
Price €39.80
GF Value €49.40
! 7 Warning Signs
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What is Vericel Cyclically Adjusted PS Ratio?

Vericel FRA:ATQP -0.50% 83 Cyclically Adjusted PS Ratio is 12.52 as of Jul. 23, 2026, which is 19% above its 10-year median of 10.51. GuruFocus rates FRA:ATQP with a GF Score™ of 83/100 and a GF Value™ of €49.40. The stock has 7 warning signs investors should review. Among 538 Biotechnology companies, Vericel ranks worse than 69.52% on this metric.

As of today (2026-07-23), Vericel's current share price is €39.80. Vericel's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.18. Vericel's Cyclically Adjusted PS Ratio for today is 12.52.

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

FRA:ATQP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.05   Med: 10.51   Max: 31.79
Current: 11.6

During the past years, Vericel's highest Cyclically Adjusted PS Ratio was 31.79. The lowest was 2.05. And the median was 10.51.

FRA:ATQP's Cyclically Adjusted PS Ratio is ranked worse than
69.52% of 538 companies
in the Biotechnology industry
Industry Median: 5.65 vs FRA:ATQP: 11.60

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.

Vericel's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.166. 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 €3.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vericel  (FRA:ATQP) 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.


Vericel Cyclically Adjusted PS Ratio Related Terms


Vericel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vericel'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.

Vericel Cyclically Adjusted PS Ratio Chart

Vericel 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 16.38 9.45 11.01 16.13 9.67

Vericel 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 12.77 11.91 8.59 9.67 8.37

FRA:ATQP vs NRIX, MLYS, PHVS: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Vericel'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.


Vericel Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vericel's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:ATQP
83GF Score
Vericel Corp FRA:ATQP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vericel 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.80/3.18
=12.52

* 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.

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

For example, Vericel'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)
=1.166/330.2130*330.2130
=1.166

Current CPI (Mar. 2026) = 330.2130.

Vericel Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.503 241.018 0.689
201609 0.428 241.428 0.585
201612 0.644 241.432 0.881
201703 0.274 243.801 0.371
201706 0.460 244.955 0.620
201709 0.355 246.819 0.475
201712 0.563 246.524 0.754
201803 0.405 249.554 0.536
201806 0.424 251.989 0.556
201809 0.449 252.439 0.587
201812 0.633 251.233 0.832
201903 0.441 254.202 0.573
201906 0.527 256.143 0.679
201909 0.593 256.759 0.763
201912 0.792 256.974 1.018
202003 0.537 258.115 0.687
202006 0.394 257.797 0.505
202009 0.579 260.280 0.735
202012 0.691 260.474 0.876
202103 0.631 264.877 0.787
202106 0.707 271.696 0.859
202109 0.628 274.310 0.756
202112 0.900 278.802 1.066
202203 0.697 287.504 0.801
202206 0.744 296.311 0.829
202209 0.825 296.808 0.918
202212 1.053 296.797 1.172
202303 0.808 301.836 0.884
202306 0.891 305.109 0.964
202309 0.896 307.789 0.961
202312 1.248 306.746 1.343
202403 0.980 312.332 1.036
202406 1.005 314.175 1.056
202409 1.063 315.301 1.113
202412 1.184 315.605 1.239
202503 0.975 319.799 1.007
202506 1.089 322.561 1.115
202509 1.108 324.800 1.126
202512 1.372 324.054 1.398
202603 1.166 330.213 1.166

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 12.52 mean?
Vericel (FRA:ATQP) has a Cyclically Adjusted PS Ratio of 12.52 as of Jul. 23, 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 Vericel and its competitors. This is 19% above median its historical median of 10.51. Over the past decade, Vericel's Cyclically Adjusted PS Ratio has ranged from 2.05 to 31.79. According to the industry distribution chart, Vericel ranks #374 out of 538 companies in the Biotechnology industry, placing it in the top 69.5%.
Is Vericel's Cyclically Adjusted PS Ratio too high?
Vericel's current Cyclically Adjusted PS Ratio of 12.52 is 19% above median its 10-year median of 10.51. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 31.79. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.65. Vericel's value of 12.52 is 121.6% above this industry median. Based on the distribution chart, Vericel ranks #374 out of 538 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Vericel has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Vericel's Cyclically Adjusted PS Ratio compare to NRIX and MLYS?
According to the Biotechnology industry distribution chart, Vericel ranks #374 out of 538 companies for Cyclically Adjusted PS Ratio. This places Vericel in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.65. Vericel's value of 12.52 is 121.6% above this benchmark. Historically, Vericel's own Cyclically Adjusted PS Ratio has ranged from 2.05 to 31.79 over the past decade. While the company's 10-year median is 10.51 vs. the industry median of 5.65, Vericel 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.65, based on 538 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. Vericel's current Cyclically Adjusted PS Ratio of 12.52 is 121.6% 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 Vericel and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vericel's current Cyclically Adjusted PS Ratio is 12.52, which is 19% above median its own 10-year median of 10.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vericel stock overvalued right now?
Vericel (FRA:ATQP) has a current Cyclically Adjusted PS Ratio of 12.52. The stock's GF Value™ is €49.40, compared to a current price of €39.80 — trading 19.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.52, which is 19% above median its 10-year median of 10.51 and 121.6% above the Biotechnology industry median of 5.65. Vericel's overall GF Score™ is 83/100 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 Vericel (FRA:ATQP), the current Cyclically Adjusted PS Ratio is 12.52 as of Jul. 23, 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 Vericel (FRA:ATQP) Overvalued in 2026?

Based on GuruFocus' analysis, Vericel stock appears to be undervalued. The current stock price of €39.80 is trading 19.4% below its estimated GF Value™ of €49.40.

Key valuation signals for FRA:ATQP:

  • Cyclically Adjusted PS Ratio: 12.52 (19% above median its 10-year median of 10.51)
  • GF Value™: €49.40 vs. price of €39.80 (19.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 121.6% above the Biotechnology median (#374 of 538)

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


Vericel Business Description

Other Exchanges VCEL:USA
Address 64 Sidney Street, Cambridge, MA, USA, 02139
Vericel Corp is a fully integrated commercial-stage biopharmaceutical company and a provider of therapies for the sports medicine and severe burn care markets. It markets cell therapy products in the United States, MACI (autologous cultured chondrocytes on porcine collagen membrane); Epicel (cultured epidermal autografts); and NexoBrid. The Company operates its business in the U.S. in one reportable segment; the research, product development, manufacture, and distribution of cellular therapies and specialty biologics for use in the treatment of specific conditions.
83GF Score

Get the complete analysis for FRA:ATQP

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

€39.80
Price
€49.40
GF Value