Aurinia Pharmaceuticals (FRA:IKAP) Cyclically Adjusted PS Ratio: 15.14 (As of Jul. 23, 2026) — Near Median

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FRA:IKAP Aurinia Pharmaceuticals Inc FRA:IKAP
81 GF Score
Price €13.48
GF Value €11.87
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Aurinia Pharmaceuticals Cyclically Adjusted PS Ratio?

Aurinia Pharmaceuticals FRA:IKAP +2.24% 81 Cyclically Adjusted PS Ratio is 15.14 as of Jul. 23, 2026, which is 1% below its 10-year median of 15.34. GuruFocus rates FRA:IKAP with a GF Score™ of 81/100 and a GF Value™ of €11.87 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 538 Biotechnology companies, Aurinia Pharmaceuticals ranks worse than 73.98% on this metric.

As of today (2026-07-23), Aurinia Pharmaceuticals's current share price is €13.475. Aurinia Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.89. Aurinia Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 15.14.

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

FRA:IKAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.17   Med: 15.34   Max: 84.82
Current: 14.97

During the past years, Aurinia Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 84.82. The lowest was 2.17. And the median was 15.34.

FRA:IKAP's Cyclically Adjusted PS Ratio is ranked worse than
73.98% of 538 companies
in the Biotechnology industry
Industry Median: 5.67 vs FRA:IKAP: 14.97

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.

Aurinia Pharmaceuticals's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.488. 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 €0.89 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurinia Pharmaceuticals  (FRA:IKAP) 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.


Aurinia Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms


Aurinia Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aurinia 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.

Aurinia Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Aurinia Pharmaceuticals 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 55.15 16.04 21.03 13.68 16.73

Aurinia 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 11.08 10.60 12.61 16.73 14.19

FRA:IKAP vs KOD, ABCL, AGIO: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Aurinia 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.


Aurinia Pharmaceuticals Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


FRA:IKAP
81GF Score
Aurinia Pharmaceuticals Inc FRA:IKAP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurinia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.475/0.89
=15.14

* 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.

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

For example, Aurinia 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)
=0.488/132.2623*132.2623
=0.488

Current CPI (Mar. 2026) = 132.2623.

Aurinia Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.002 102.002 0.003
201609 0.001 101.765 0.001
201612 0.001 101.449 0.001
201703 0.000 102.634 0.000
201706 0.004 103.029 0.005
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.004 105.636 0.005
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 0.002 107.611 0.002
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.325 108.559 0.396
202103 0.006 110.298 0.007
202106 0.043 111.720 0.051
202109 0.097 112.905 0.114
202112 0.155 113.774 0.180
202203 0.139 117.646 0.156
202206 0.188 120.806 0.206
202209 0.397 120.648 0.435
202212 0.189 120.964 0.207
202303 0.225 122.702 0.243
202306 0.268 124.203 0.285
202309 0.358 125.230 0.378
202312 0.288 125.072 0.305
202403 0.321 126.258 0.336
202406 0.369 127.522 0.383
202409 0.419 127.285 0.435
202412 0.382 127.364 0.397
202503 0.403 129.181 0.413
202506 0.441 129.892 0.449
202509 0.460 130.287 0.467
202512 0.477 130.366 0.484
202603 0.488 132.262 0.488

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 15.14 mean?
Aurinia Pharmaceuticals (FRA:IKAP) has a Cyclically Adjusted PS Ratio of 15.14 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 Aurinia Pharmaceuticals and its competitors. This is near median its historical median of 15.34. Over the past decade, Aurinia Pharmaceuticals' Cyclically Adjusted PS Ratio has ranged from 2.17 to 84.82. According to the industry distribution chart, Aurinia Pharmaceuticals ranks #398 out of 538 companies in the Biotechnology industry, placing it in the top 74%.
Is Aurinia Pharmaceuticals' Cyclically Adjusted PS Ratio too high?
Aurinia Pharmaceuticals' current Cyclically Adjusted PS Ratio of 15.14 is near median its 10-year median of 15.34. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 84.82. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.67. Aurinia Pharmaceuticals' value of 15.14 is 167% above this industry median. Based on the distribution chart, Aurinia Pharmaceuticals ranks #398 out of 538 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Aurinia Pharmaceuticals has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aurinia Pharmaceuticals' Cyclically Adjusted PS Ratio compare to KOD and ABCL?
According to the Biotechnology industry distribution chart, Aurinia Pharmaceuticals ranks #398 out of 538 companies for Cyclically Adjusted PS Ratio. This places Aurinia Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.67. Aurinia Pharmaceuticals' value of 15.14 is 167% above this benchmark. Historically, Aurinia Pharmaceuticals' own Cyclically Adjusted PS Ratio has ranged from 2.17 to 84.82 over the past decade. While the company's 10-year median is 15.34 vs. the industry median of 5.67, Aurinia 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 5.67, 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. Aurinia Pharmaceuticals's current Cyclically Adjusted PS Ratio of 15.14 is 167% 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 Aurinia Pharmaceuticals and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurinia Pharmaceuticals's current Cyclically Adjusted PS Ratio is 15.14, which is near median its own 10-year median of 15.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurinia Pharmaceuticals stock overvalued right now?
Based on GuruFocus' analysis, Aurinia Pharmaceuticals (FRA:IKAP) is currently considered Modestly Overvalued. The stock's GF Value™ is €11.87, compared to a current price of €13.48 — trading 13.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 15.14, which is near median its 10-year median of 15.34 and 167% above the Biotechnology industry median of 5.67. Aurinia Pharmaceuticals' overall GF Score™ is 81/100 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 Aurinia Pharmaceuticals (FRA:IKAP), the current Cyclically Adjusted PS Ratio is 15.14 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 Aurinia Pharmaceuticals (FRA:IKAP) Overvalued in 2026?

Based on GuruFocus' analysis, Aurinia Pharmaceuticals stock appears to be overvalued. The current stock price of €13.48 is trading 13.5% above its estimated GF Value™ of €11.87. GuruFocus considers Aurinia Pharmaceuticals to be Modestly Overvalued.

Key valuation signals for FRA:IKAP:

  • Cyclically Adjusted PS Ratio: 15.14 (near median its 10-year median of 15.34)
  • GF Value™: €11.87 vs. price of €13.48 (13.5% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 167% above the Biotechnology median (#398 of 538)

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


Aurinia Pharmaceuticals Business Description

Other Exchanges AUPH:USAIKAP:Germany
Address 14315 - 118 Avenue, Suite 140, Edmonton, AB, CAN, T5L 4S6
Aurinia Pharmaceuticals Inc is a biopharmaceutical company focused on delivering therapies to people living with autoimmune diseases with high unmet medical needs. The company developed LUPKYNIS (voclosporin), the first FDA-approved oral therapy for the treatment of adult patients with active lupus nephritis. It is also developing aritinercept, a dual inhibitor of B cell activating factor (BAFF) and a proliferation-inducing ligand (APRIL), for the potential treatment of autoimmune diseases.
81GF Score

Get the complete analysis for FRA:IKAP

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

€13.48
Price
€11.87
GF Value