Bio-Rad Laboratories (FRA:BUWA) Cyclically Adjusted PS Ratio: 3.03 (As of Jul. 22, 2026) — 19% Below Median

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FRA:BUWA Bio-Rad Laboratories Inc FRA:BUWA
71 GF Score
Price €263.20
GF Value €277.30
Valuation Fairly Valued
! 5 Warning Signs
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What is Bio-Rad Laboratories Cyclically Adjusted PS Ratio?

Bio-Rad Laboratories FRA:BUWA -0.98% 71 Cyclically Adjusted PS Ratio is 3.03 as of Jul. 22, 2026, which is 19% below its 10-year median of 3.74. GuruFocus rates FRA:BUWA with a GF Score™ of 71/100 and a GF Value™ of €277.30 (Fairly Valued). The stock has 5 warning signs investors should review. Among 521 Medical Devices & Instruments companies, Bio-Rad Laboratories ranks worse than 57.01% on this metric.

As of today (2026-07-22), Bio-Rad Laboratories's current share price is €263.20. Bio-Rad Laboratories's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €86.94. Bio-Rad Laboratories's Cyclically Adjusted PS Ratio for today is 3.03.

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

FRA:BUWA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.02   Med: 3.74   Max: 9.77
Current: 2.98

During the past years, Bio-Rad Laboratories's highest Cyclically Adjusted PS Ratio was 9.77. The lowest was 2.02. And the median was 3.74.

FRA:BUWA's Cyclically Adjusted PS Ratio is ranked worse than
57.01% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 2.27 vs FRA:BUWA: 2.98

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.

Bio-Rad Laboratories's adjusted revenue per share data for the three months ended in Mar. 2026 was €18.999. 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 €86.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bio-Rad Laboratories  (FRA:BUWA) 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.


Bio-Rad Laboratories Cyclically Adjusted PS Ratio Related Terms


Bio-Rad Laboratories Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bio-Rad Laboratories'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.

Bio-Rad Laboratories Cyclically Adjusted PS Ratio Chart

Bio-Rad Laboratories 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 8.74 4.56 3.41 3.40 3.05

Bio-Rad Laboratories 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 2.49 2.44 2.81 3.05 2.75

FRA:BUWA vs GKOS, BRKR, PODD: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Bio-Rad Laboratories'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.


Bio-Rad Laboratories Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


FRA:BUWA
71GF Score
Bio-Rad Laboratories Inc FRA:BUWA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bio-Rad Laboratories 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.

Bio-Rad Laboratories's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=263.20/86.94
=3.03

* 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.

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

For example, Bio-Rad Laboratories'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)
=18.999/330.2130*330.2130
=18.999

Current CPI (Mar. 2026) = 330.2130.

Bio-Rad Laboratories Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 15.544 241.018 21.296
201609 15.277 241.428 20.895
201612 18.174 241.432 24.857
201703 15.631 243.801 21.171
201706 14.969 244.955 20.179
201709 14.912 246.819 19.950
201712 17.410 246.524 23.320
201803 14.825 249.554 19.617
201806 16.314 251.989 21.378
201809 15.423 252.439 20.175
201812 17.948 251.233 23.590
201903 16.286 254.202 21.156
201906 16.806 256.143 21.666
201909 17.065 256.759 21.947
201912 18.554 256.974 23.842
202003 17.133 258.115 21.919
202006 15.861 257.797 20.316
202009 18.240 260.280 23.141
202012 21.478 260.474 27.228
202103 20.225 264.877 25.214
202106 19.710 271.696 23.955
202109 21.010 274.310 25.292
202112 21.430 278.802 25.382
202203 21.236 287.504 24.391
202206 21.943 296.311 24.454
202209 23.126 296.808 25.729
202212 23.224 296.797 25.839
202303 21.252 301.836 23.250
202306 21.416 305.109 23.178
202309 20.268 307.789 21.745
202312 21.695 306.746 23.355
202403 19.691 312.332 20.818
202406 20.890 314.175 21.956
202409 20.918 315.301 21.907
202412 22.768 315.605 23.822
202503 19.370 319.799 20.001
202506 20.748 322.561 21.240
202509 20.665 324.800 21.009
202512 21.912 324.054 22.328
202603 18.999 330.213 18.999

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 3.03 mean?
Bio-Rad Laboratories (FRA:BUWA) has a Cyclically Adjusted PS Ratio of 3.03 as of Jul. 22, 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 Bio-Rad Laboratories and its competitors. This is 19% below median its historical median of 3.74. Over the past decade, Bio-Rad Laboratories' Cyclically Adjusted PS Ratio has ranged from 2.02 to 9.77. According to the industry distribution chart, Bio-Rad Laboratories ranks #297 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 57%.
Is Bio-Rad Laboratories' Cyclically Adjusted PS Ratio too high?
Bio-Rad Laboratories' current Cyclically Adjusted PS Ratio of 3.03 is 19% below median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 9.77. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.27. Bio-Rad Laboratories' value of 3.03 is 33.5% above this industry median. Based on the distribution chart, Bio-Rad Laboratories ranks #297 out of 521 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Bio-Rad Laboratories has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bio-Rad Laboratories' Cyclically Adjusted PS Ratio compare to GKOS and BRKR?
According to the Medical Devices & Instruments industry distribution chart, Bio-Rad Laboratories ranks #297 out of 521 companies for Cyclically Adjusted PS Ratio. This places Bio-Rad Laboratories in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.27. Bio-Rad Laboratories' value of 3.03 is 33.5% above this benchmark. Historically, Bio-Rad Laboratories' own Cyclically Adjusted PS Ratio has ranged from 2.02 to 9.77 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 2.27, Bio-Rad Laboratories 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 2.27, based on 521 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. Bio-Rad Laboratories's current Cyclically Adjusted PS Ratio of 3.03 is 33.5% 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 Bio-Rad Laboratories and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bio-Rad Laboratories's current Cyclically Adjusted PS Ratio is 3.03, which is 19% below median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bio-Rad Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Bio-Rad Laboratories (FRA:BUWA) is currently considered Fairly Valued. The stock's GF Value™ is €277.30, compared to a current price of €263.20 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.03, which is 19% below median its 10-year median of 3.74 and 33.5% above the Medical Devices & Instruments industry median of 2.27. Bio-Rad Laboratories' overall GF Score™ is 71/100 with 5 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 Bio-Rad Laboratories (FRA:BUWA), the current Cyclically Adjusted PS Ratio is 3.03 as of Jul. 22, 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 Bio-Rad Laboratories (FRA:BUWA) Overvalued in 2026?

Based on GuruFocus' analysis, Bio-Rad Laboratories stock appears to be undervalued. The current stock price of €263.20 is trading 5.1% below its estimated GF Value™ of €277.30. GuruFocus considers Bio-Rad Laboratories to be Fairly Valued.

Key valuation signals for FRA:BUWA:

  • Cyclically Adjusted PS Ratio: 3.03 (19% below median its 10-year median of 3.74)
  • GF Value™: €277.30 vs. price of €263.20 (5.1% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 33.5% above the Medical Devices & Instruments median (#297 of 521)

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


Bio-Rad Laboratories Business Description

Address 1000 Alfred Nobel Drive, Hercules, CA, USA, 94547
Bio-Rad Laboratories, headquartered in Hercules, California, develops, manufactures, and sells products and solutions for the clinical diagnostics and life sciences markets. In clinical diagnostics (60% of sales), Bio-Rad sells test systems and specialized quality controls for clinical laboratories. In life sciences (40% of sales), it develops and manufactures instruments and reagents used in research, biopharmaceutical production, and food testing and has a leadership position in dPCR technology. The company is geographically diverse, with major markets in the Americas (about 40% of sales), Europe (about 30%), Asia (about 30%), and other. Bio-Rad owns approximately 33% of Sartorius, a lab and bioprocessing supplier that specializes in single-use technology used in biologics manufacturing.
71GF Score

Get the complete analysis for FRA:BUWA

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

€263.20
Price
€277.30
GF Value