Geron (FRA:GON) Cyclically Adjusted PS Ratio: 17.30 (As of Jul. 31, 2026) — 55% Below Median

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FRA:GON Geron Corp FRA:GON
28 GF Score
Price €1.21
GF Value €5.67
Valuation Possible Value Trap
! 4 Warning Signs
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What is Geron Cyclically Adjusted PS Ratio?

Geron FRA:GON -2.96% 28 Cyclically Adjusted PS Ratio is 17.30 as of Jul. 31, 2026, which is 55% below its 10-year median of 38.25. GuruFocus rates FRA:GON with a GF Score™ of 28/100 and a GF Value™ of €5.67 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 538 Biotechnology companies, Geron ranks worse than 75.46% on this metric.

As of today (2026-07-31), Geron's current share price is €1.211. Geron's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.07. Geron's Cyclically Adjusted PS Ratio for today is 17.30.

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

FRA:GON' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.7   Med: 38.25   Max: 152
Current: 15.04

During the past years, Geron's highest Cyclically Adjusted PS Ratio was 152.00. The lowest was 11.70. And the median was 38.25.

FRA:GON's Cyclically Adjusted PS Ratio is ranked worse than
75.46% of 538 companies
in the Biotechnology industry
Industry Median: 5.53 vs FRA:GON: 15.04

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.

Geron's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.067. 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 €0.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Geron  (FRA:GON) 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.


Geron Cyclically Adjusted PS Ratio Related Terms


Geron Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Geron'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.

Geron Cyclically Adjusted PS Ratio Chart

Geron 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 26.25 0.00 0.00 45.40 17.42

Geron 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 18.11 14.10 21.20 17.42 16.85

FRA:GON vs PHAT, KURA, ODTX: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Geron'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.


Geron Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


FRA:GON
28GF Score
Geron Corp FRA:GON
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Geron 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.211/0.07
=17.30

* 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.

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

For example, Geron'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)
=0.067/330.2130*330.2130
=0.067

Current CPI (Mar. 2026) = 330.2130.

Geron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.001 241.018 0.001
201609 0.029 241.428 0.040
201612 0.001 241.432 0.001
201703 0.003 243.801 0.004
201706 0.001 244.955 0.001
201709 0.001 246.819 0.001
201712 0.001 246.524 0.001
201803 0.002 249.554 0.003
201806 0.001 251.989 0.001
201809 0.001 252.439 0.001
201812 0.002 251.233 0.003
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.001 256.759 0.001
201912 0.001 256.974 0.001
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 0.000 264.877 0.000
202106 0.000 271.696 0.000
202109 0.000 274.310 0.000
202112 0.003 278.802 0.004
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202209 0.001 296.808 0.001
202212 0.000 296.797 0.000
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.000 307.789 0.000
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 0.001 314.175 0.001
202409 0.038 315.301 0.040
202412 0.068 315.605 0.071
202503 0.055 319.799 0.057
202506 0.064 322.561 0.066
202509 0.060 324.800 0.061
202512 0.061 324.054 0.062
202603 0.067 330.213 0.067

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 17.30 mean?
Geron (FRA:GON) has a Cyclically Adjusted PS Ratio of 17.30 as of Jul. 31, 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 Geron and its competitors. This is 55% below median its historical median of 38.25. Over the past decade, Geron's Cyclically Adjusted PS Ratio has ranged from 11.70 to 152.00. According to the industry distribution chart, Geron ranks #406 out of 538 companies in the Biotechnology industry, placing it in the top 75.5%.
Is Geron's Cyclically Adjusted PS Ratio too high?
Geron's current Cyclically Adjusted PS Ratio of 17.30 is 55% below median its 10-year median of 38.25. Over the past 10 years, this metric has ranged from a low of 11.70 to a high of 152.00. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.53. Geron's value of 17.30 is 212.8% above this industry median. Based on the distribution chart, Geron ranks #406 out of 538 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Geron has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Geron's Cyclically Adjusted PS Ratio compare to PHAT and KURA?
According to the Biotechnology industry distribution chart, Geron ranks #406 out of 538 companies for Cyclically Adjusted PS Ratio. This places Geron in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.53. Geron's value of 17.30 is 212.8% above this benchmark. Historically, Geron's own Cyclically Adjusted PS Ratio has ranged from 11.70 to 152.00 over the past decade. While the company's 10-year median is 38.25 vs. the industry median of 5.53, Geron 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 5.53, 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. Geron's current Cyclically Adjusted PS Ratio of 17.30 is 212.8% 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 Geron and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Geron's current Cyclically Adjusted PS Ratio is 17.30, which is 55% below median its own 10-year median of 38.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geron stock overvalued right now?
Based on GuruFocus' analysis, Geron (FRA:GON) is currently considered Possible Value Trap. The stock's GF Value™ is €5.67, compared to a current price of €1.21 — trading 78.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 17.30, which is 55% below median its 10-year median of 38.25 and 212.8% above the Biotechnology industry median of 5.53. Geron's overall GF Score™ is 28/100 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 Geron (FRA:GON), the current Cyclically Adjusted PS Ratio is 17.30 as of Jul. 31, 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 Geron (FRA:GON) Overvalued in 2026?

Based on GuruFocus' analysis, Geron stock appears to be undervalued. The current stock price of €1.21 is trading 78.6% below its estimated GF Value™ of €5.67. GuruFocus considers Geron to be Possible Value Trap.

Key valuation signals for FRA:GON:

  • Cyclically Adjusted PS Ratio: 17.30 (55% below median its 10-year median of 38.25)
  • GF Value™: €5.67 vs. price of €1.21 (78.6% below fair value)
  • GF Score™: 28/100 with 4 warning signs
  • Industry Position: 212.8% above the Biotechnology median (#406 of 538)

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


Geron Business Description

Address 919 East Hillsdale Boulevard, Suite 250, Foster City, CA, USA, 94404
Geron Corp is a biopharmaceutical company focused on blood cancers. Its telomerase inhibitor, RYTELO (imetelstat), is approved in the United States and European Union for certain adult patients with lower-risk myelodysplastic syndromes (LR-MDS) with transfusion-dependent anemia. RYTELO inhibits telomerase activity in malignant stem and progenitor cells, which may reduce abnormal cell proliferation while supporting the production of healthy cells. It is also conducting a Phase 3 trial of imetelstat in patients with JAK-inhibitor-refractory or relapsed myelofibrosis (R/R MF) and studies in other hematologic malignancies. The company operates as a single segment, being the development of therapeutic products for oncology.
28GF 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.

€1.21
Price
€5.67
GF Value