Emergent BioSolutions (FRA:ER4) Cyclically Adjusted PS Ratio: (As of Aug. 06, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:ER4 Emergent BioSolutions Inc FRA:ER4
61 GF Score
Price €6.54
GF Value €4.15
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Emergent BioSolutions Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Emergent BioSolutions  (FRA:ER4) 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.


Emergent BioSolutions Cyclically Adjusted PS Ratio Related Terms


Emergent BioSolutions Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Emergent BioSolutions'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.

Emergent BioSolutions Cyclically Adjusted PS Ratio Chart

Emergent BioSolutions 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 2.90 0.68 0.13 0.47 0.59

Emergent BioSolutions 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 0.30 0.41 0.59 0.38 0.00

FRA:ER4 vs EOLS, ELTP, AKBA: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Emergent BioSolutions'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.


Emergent BioSolutions Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Emergent BioSolutions's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:ER4
61GF Score
Emergent BioSolutions Inc FRA:ER4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emergent BioSolutions 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.

Emergent BioSolutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Emergent BioSolutions'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)
=3.815/333.9520*333.9520
=3.815

Current CPI (Jun. 2026) = 333.9520.

Emergent BioSolutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.008 241.428 2.778
201612 1.947 241.432 2.693
201703 1.873 243.801 2.566
201706 1.418 244.955 1.933
201709 2.215 246.819 2.997
201712 2.950 246.524 3.996
201803 1.666 249.554 2.229
201806 3.406 251.989 4.514
201809 2.586 252.439 3.421
201812 4.130 251.233 5.490
201903 2.919 254.202 3.835
201906 3.475 256.143 4.531
201909 4.795 256.759 6.237
201912 5.742 256.974 7.462
202003 2.957 258.115 3.826
202006 6.160 257.797 7.980
202009 5.618 260.280 7.208
202012 8.490 260.474 10.885
202103 4.958 264.877 6.251
202106 5.719 271.696 7.029
202109 4.940 274.310 6.014
202112 10.479 278.802 12.552
202203 5.335 287.504 6.197
202206 4.454 296.311 5.020
202209 4.504 296.808 5.068
202212 6.125 296.797 6.892
202303 2.936 301.836 3.248
202306 6.031 305.109 6.601
202309 4.775 307.789 5.181
202312 4.750 306.746 5.171
202403 5.153 312.332 5.510
202406 4.382 314.175 4.658
202409 4.599 315.301 4.871
202412 3.335 315.605 3.529
202503 3.376 319.799 3.525
202506 2.084 322.561 2.158
202509 3.348 324.800 3.442
202512 2.166 324.054 2.232
202603 2.292 330.213 2.318
202606 3.815 333.952 3.815

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.

Is Emergent BioSolutions (FRA:ER4) Overvalued in 2026?

Based on GuruFocus' analysis, Emergent BioSolutions stock appears to be overvalued. The current stock price of €6.54 is trading 57.5% above its estimated GF Value™ of €4.15. GuruFocus considers Emergent BioSolutions to be Significantly Overvalued.

Key valuation signals for FRA:ER4:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €4.15 vs. price of €6.54 (57.5% above fair value)
  • GF Score™: 61/100 with 5 warning signs

No single metric tells the full story. See the FRA:ER4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Emergent BioSolutions Business Description

Other Exchanges EBS:USA0IGA:UKER4:Germany
Address 300 Professional Drive, Gaithersburg, MD, USA, 20879
Emergent BioSolutions Inc offers public health products to the government and healthcare providers. Company operates in three segments namely Commercial Product, MCM Products, and Services segment. The Commercial Product Segment consisting of Nasal Spray; the MCM Products Segment consisting of Anthrax-MCM products, Smallpox-MCM products and Other Products and the Services Segment consisting of Bioservices portfolio. Geographically, the company operates in United States, Canada, and Others. It derives maximum revenue from United states. The company's products include: NARCAN Nasal Spray, KLOXXADO Nasal Spray, ACAM2000, ANTHRASIL, BAT, BioThrax, CNJ-016, raxibacumab injection, Ebanga, and others.
61GF Score

Get the complete analysis for FRA:ER4

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

€6.54
Price
€4.15
GF Value