Arrowhead Pharmaceuticals (FRA:HDP1) Cyclically Adjusted PS Ratio: 40.40 (As of Jul. 24, 2026) — Near Median

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FRA:HDP1 Arrowhead Pharmaceuticals Inc FRA:HDP1
38 GF Score
Price €75.96
GF Value €43.61
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Arrowhead Pharmaceuticals Cyclically Adjusted PS Ratio?

Arrowhead Pharmaceuticals FRA:HDP1 -2.89% 38 Cyclically Adjusted PS Ratio is 40.40 as of Jul. 24, 2026, which is 2% below its 10-year median of 41.05. GuruFocus rates FRA:HDP1 with a GF Score™ of 38/100 and a GF Value™ of €43.61 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 538 Biotechnology companies, Arrowhead Pharmaceuticals ranks worse than 88.66% on this metric.

As of today (2026-07-24), Arrowhead Pharmaceuticals's current share price is €75.96. Arrowhead Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.88. Arrowhead Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 40.40.

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

FRA:HDP1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.72   Med: 41.05   Max: 231.97
Current: 39.82

During the past years, Arrowhead Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 231.97. The lowest was 4.72. And the median was 41.05.

FRA:HDP1's Cyclically Adjusted PS Ratio is ranked worse than
88.66% of 538 companies
in the Biotechnology industry
Industry Median: 5.65 vs FRA:HDP1: 39.82

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.

Arrowhead Pharmaceuticals's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.448. 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 €1.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arrowhead Pharmaceuticals  (FRA:HDP1) 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.


Arrowhead Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms


Arrowhead Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arrowhead Pharmaceuticals'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.

Arrowhead Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Arrowhead Pharmaceuticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.89 42.44 25.83 0.00 18.36

Arrowhead Pharmaceuticals 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 7.84 9.52 18.36 31.89 28.77

FRA:HDP1 vs CYTK, TECH, KRYS: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Arrowhead Pharmaceuticals'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.


Arrowhead Pharmaceuticals Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


FRA:HDP1
38GF Score
Arrowhead Pharmaceuticals Inc FRA:HDP1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Arrowhead Pharmaceuticals 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.

Arrowhead Pharmaceuticals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.96/1.88
=40.40

* 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.

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

For example, Arrowhead Pharmaceuticals'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)
=0.448/330.2130*330.2130
=0.448

Current CPI (Mar. 2026) = 330.2130.

Arrowhead Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.001 241.018 0.001
201609 0.000 241.428 0.000
201612 0.058 241.432 0.079
201703 0.113 243.801 0.153
201706 0.111 244.955 0.150
201709 0.098 246.819 0.131
201712 0.040 246.524 0.054
201803 0.006 249.554 0.008
201806 0.007 251.989 0.009
201809 0.109 252.439 0.143
201812 0.319 251.233 0.419
201903 0.434 254.202 0.564
201906 0.382 256.143 0.492
201909 0.389 256.759 0.500
201912 0.273 256.974 0.351
202003 0.209 258.115 0.267
202006 0.239 257.797 0.306
202009 0.063 260.280 0.080
202012 0.170 260.474 0.216
202103 0.265 264.877 0.330
202106 0.366 271.696 0.445
202109 0.312 274.310 0.376
202112 0.232 278.802 0.275
202203 1.277 287.504 1.467
202206 0.290 296.311 0.323
202209 0.301 296.808 0.335
202212 0.557 296.797 0.620
202303 1.263 301.836 1.382
202306 0.136 305.109 0.147
202309 0.141 307.789 0.151
202312 0.030 306.746 0.032
202403 0.000 312.332 0.000
202406 0.000 314.175 0.000
202409 0.000 315.301 0.000
202412 0.019 315.605 0.020
202503 3.733 319.799 3.855
202506 0.173 322.561 0.177
202509 1.585 324.800 1.611
202512 1.603 324.054 1.633
202603 0.448 330.213 0.448

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 40.40 mean?
Arrowhead Pharmaceuticals (FRA:HDP1) has a Cyclically Adjusted PS Ratio of 40.40 as of Jul. 24, 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 Arrowhead Pharmaceuticals and its competitors. This is near median its historical median of 41.05. Over the past decade, Arrowhead Pharmaceuticals' Cyclically Adjusted PS Ratio has ranged from 4.72 to 231.97. According to the industry distribution chart, Arrowhead Pharmaceuticals ranks #477 out of 538 companies in the Biotechnology industry, placing it in the top 88.7%.
Is Arrowhead Pharmaceuticals' Cyclically Adjusted PS Ratio too high?
Arrowhead Pharmaceuticals' current Cyclically Adjusted PS Ratio of 40.40 is near median its 10-year median of 41.05. Over the past 10 years, this metric has ranged from a low of 4.72 to a high of 231.97. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.65. Arrowhead Pharmaceuticals' value of 40.40 is 615% above this industry median. Based on the distribution chart, Arrowhead Pharmaceuticals ranks #477 out of 538 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Arrowhead Pharmaceuticals has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arrowhead Pharmaceuticals' Cyclically Adjusted PS Ratio compare to CYTK and TECH?
According to the Biotechnology industry distribution chart, Arrowhead Pharmaceuticals ranks #477 out of 538 companies for Cyclically Adjusted PS Ratio. This places Arrowhead Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.65. Arrowhead Pharmaceuticals' value of 40.40 is 615% above this benchmark. Historically, Arrowhead Pharmaceuticals' own Cyclically Adjusted PS Ratio has ranged from 4.72 to 231.97 over the past decade. While the company's 10-year median is 41.05 vs. the industry median of 5.65, Arrowhead Pharmaceuticals 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. Arrowhead Pharmaceuticals's current Cyclically Adjusted PS Ratio of 40.40 is 615% 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 Arrowhead Pharmaceuticals 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. Arrowhead Pharmaceuticals's current Cyclically Adjusted PS Ratio is 40.40, which is near median its own 10-year median of 41.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arrowhead Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Arrowhead Pharmaceuticals (FRA:HDP1) is currently considered Significantly Overvalued. The stock's GF Value™ is €43.61, compared to a current price of €75.96 — trading 74.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 40.40, which is near median its 10-year median of 41.05 and 615% above the Biotechnology industry median of 5.65. Arrowhead Pharmaceuticals' overall GF Score™ is 38/100 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 Arrowhead Pharmaceuticals (FRA:HDP1), the current Cyclically Adjusted PS Ratio is 40.40 as of Jul. 24, 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 Arrowhead Pharmaceuticals (FRA:HDP1) Overvalued in 2026?

Based on GuruFocus' analysis, Arrowhead Pharmaceuticals stock appears to be overvalued. The current stock price of €75.96 is trading 74.2% above its estimated GF Value™ of €43.61. GuruFocus considers Arrowhead Pharmaceuticals to be Significantly Overvalued.

Key valuation signals for FRA:HDP1:

  • Cyclically Adjusted PS Ratio: 40.40 (near median its 10-year median of 41.05)
  • GF Value™: €43.61 vs. price of €75.96 (74.2% above fair value)
  • GF Score™: 38/100 with 7 warning signs
  • Industry Position: 615% above the Biotechnology median (#477 of 538)

No single metric tells the full story. See the FRA:HDP1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arrowhead Pharmaceuticals Business Description

Address 177 E Colorado Boulevard, Suite 700, Pasadena, CA, USA, 91105
Arrowhead Pharmaceuticals Inc is a commercial-stage pharmaceutical company. It is focused on the development of medicines for diseases associated with genetic abnormalities or protein overproduction. The company develops potential RNAi therapies designed to inhibit the expression of genes known to trigger diseases. Its portfolio includes potential drugs targeting Cardiometabolic, Neuromuscular, Pulmonary, Liver, and other diseases. The company also develops RNAi products and clinical candidates designed to target different cell types within the body.
38GF Score

Get the complete analysis for FRA:HDP1

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

€75.96
Price
€43.61
GF Value