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PhotoCure ASA (FRA:PHS) Cyclically Adjusted PS Ratio : 3.46 (As of Jun. 02, 2025)


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What is PhotoCure ASA Cyclically Adjusted PS Ratio?

As of today (2025-06-02), PhotoCure ASA's current share price is €4.225. PhotoCure ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €1.22. PhotoCure ASA's Cyclically Adjusted PS Ratio for today is 3.46.

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

FRA:PHS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.59   Med: 6.83   Max: 17.97
Current: 3.62

During the past years, PhotoCure ASA's highest Cyclically Adjusted PS Ratio was 17.97. The lowest was 3.59. And the median was 6.83.

FRA:PHS's Cyclically Adjusted PS Ratio is ranked worse than
68.7% of 738 companies
in the Drug Manufacturers industry
Industry Median: 2.13 vs FRA:PHS: 3.62

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.

PhotoCure ASA's adjusted revenue per share data for the three months ended in Mar. 2025 was €0.405. 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 €1.22 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


PhotoCure ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PhotoCure ASA'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.

* Premium members only.

PhotoCure ASA Cyclically Adjusted PS Ratio Chart

PhotoCure ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.41 11.31 10.40 5.59 4.61

PhotoCure ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.42 4.58 4.25 4.61 4.05

Competitive Comparison of PhotoCure ASA's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, PhotoCure ASA'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.


PhotoCure ASA's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

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

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


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PhotoCure ASA 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.

PhotoCure ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.225/1.22
=3.46

* 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.

PhotoCure ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, PhotoCure ASA's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.405/136.1000*136.1000
=0.405

Current CPI (Mar. 2025) = 136.1000.

PhotoCure ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.187 100.100 0.254
201509 0.178 100.600 0.241
201512 0.168 100.900 0.227
201603 0.157 102.500 0.208
201606 0.176 103.800 0.231
201609 0.178 104.200 0.232
201612 0.193 104.400 0.252
201703 0.185 105.000 0.240
201706 0.194 105.800 0.250
201709 0.178 105.900 0.229
201712 0.184 106.100 0.236
201803 0.201 107.300 0.255
201806 0.225 108.500 0.282
201809 0.213 109.500 0.265
201812 0.231 109.800 0.286
201903 0.251 110.400 0.309
201906 0.253 110.600 0.311
201909 0.288 111.100 0.353
201912 0.529 111.300 0.647
202003 0.222 111.200 0.272
202006 0.212 112.100 0.257
202009 0.172 112.900 0.207
202012 0.346 112.900 0.417
202103 0.327 114.600 0.388
202106 0.336 115.300 0.397
202109 0.317 117.500 0.367
202112 0.358 118.900 0.410
202203 0.313 119.800 0.356
202206 0.360 122.600 0.400
202209 0.390 125.600 0.423
202212 0.367 125.900 0.397
202303 0.347 127.600 0.370
202306 0.458 130.400 0.478
202309 0.353 129.800 0.370
202312 0.432 131.900 0.446
202403 0.378 132.600 0.388
202406 0.464 133.800 0.472
202409 0.382 133.700 0.389
202412 0.438 134.800 0.442
202503 0.405 136.100 0.405

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.


PhotoCure ASA  (FRA:PHS) 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.


PhotoCure ASA Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of PhotoCure ASA's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PhotoCure ASA Business Description

Traded in Other Exchanges
Address
Hoffsveien 4, Oslo, NOR, 0275
PhotoCure ASA is a Norway-based business group associated with the research, development, production, distribution, marketing, and sales of pharmaceutical products and specialty pharmaceutical companies. The technology platform of the company is focused on the field of photodynamic diagnosis and treatment of cancer. The company has two operating segments of the group the Commercial franchise and the Development portfolio. It generates prime revenue from the Commercial franchise segment, which includes Hexvix and Cysview products. Its geographical segments are Nordic countries, Germany, France, Austria, the United Kingdom, BeNeLux, Italy, Other European countries, Canada, and the United States.

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