Sutro Biopharma (FRA:S090) Cyclically Adjusted PS Ratio: 0.63 (As of Jul. 31, 2026) — 62% Above Median

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FRA:S090 Sutro Biopharma Inc FRA:S090
50 GF Score
Price €20.20
GF Value €9.21
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Sutro Biopharma Cyclically Adjusted PS Ratio?

Sutro Biopharma FRA:S090 +1.00% 50 Cyclically Adjusted PS Ratio is 0.63 as of Jul. 31, 2026, which is 62% above its 10-year median of 0.39. GuruFocus rates FRA:S090 with a GF Score™ of 50/100 and a GF Value™ of €9.21 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 538 Biotechnology companies, Sutro Biopharma ranks better than 88.66% on this metric.

As of today (2026-07-31), Sutro Biopharma's current share price is €20.20. Sutro Biopharma's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €32.14. Sutro Biopharma's Cyclically Adjusted PS Ratio for today is 0.63.

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

FRA:S090' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.39   Max: 0.61
Current: 0.6

During the past 10 years, Sutro Biopharma's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.26. And the median was 0.39.

FRA:S090's Cyclically Adjusted PS Ratio is ranked better than
88.66% of 538 companies
in the Biotechnology industry
Industry Median: 5.53 vs FRA:S090: 0.60

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.

Sutro Biopharma's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €10.299. 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 €32.14 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sutro Biopharma  (FRA:S090) 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.


Sutro Biopharma Cyclically Adjusted PS Ratio Related Terms


Sutro Biopharma Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sutro Biopharma'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.

Sutro Biopharma Cyclically Adjusted PS Ratio Chart

Sutro Biopharma 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 0.00 0.00 0.00 0.00 0.28

Sutro Biopharma 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 0.00 0.00 0.00 0.28 0.00

FRA:S090 vs AVIR, IPSC, CCCC: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Sutro Biopharma'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.


Sutro Biopharma Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


FRA:S090
50GF Score
Sutro Biopharma Inc FRA:S090
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sutro Biopharma 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.

Sutro Biopharma's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.20/32.14
=0.63

* 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.

Sutro Biopharma's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Sutro Biopharma's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=10.299/324.0540*324.0540
=10.299

Current CPI (Dec25) = 324.0540.

Sutro Biopharma Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 80.893 241.432 108.576
201712 62.459 246.524 82.102
201812 58.628 251.233 75.622
201912 16.752 256.974 21.125
202012 10.782 260.474 13.414
202112 11.874 278.802 13.801
202212 12.609 296.797 13.767
202312 23.433 306.746 24.755
202412 7.658 315.605 7.863
202512 10.299 324.054 10.299

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 0.63 mean?
Sutro Biopharma (FRA:S090) has a Cyclically Adjusted PS Ratio of 0.63 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 Sutro Biopharma and its competitors. This is 62% above median its historical median of 0.39. Over the past decade, Sutro Biopharma's Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.61. According to the industry distribution chart, Sutro Biopharma ranks #61 out of 538 companies in the Biotechnology industry, placing it in the top 11.3%.
Is Sutro Biopharma's Cyclically Adjusted PS Ratio too high?
Sutro Biopharma's current Cyclically Adjusted PS Ratio of 0.63 is 62% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.61. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.53. Sutro Biopharma's value of 0.63 is 88.6% below this industry median. Based on the distribution chart, Sutro Biopharma ranks #61 out of 538 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Sutro Biopharma has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sutro Biopharma's Cyclically Adjusted PS Ratio compare to AVIR and IPSC?
According to the Biotechnology industry distribution chart, Sutro Biopharma ranks #61 out of 538 companies for Cyclically Adjusted PS Ratio. This places Sutro Biopharma in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.53. Sutro Biopharma's value of 0.63 is 88.6% below this benchmark. Historically, Sutro Biopharma's own Cyclically Adjusted PS Ratio has ranged from 0.26 to 0.61 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 5.53, Sutro Biopharma has consistently been below 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. Sutro Biopharma's current Cyclically Adjusted PS Ratio of 0.63 is 88.6% below 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 Sutro Biopharma 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. Sutro Biopharma's current Cyclically Adjusted PS Ratio is 0.63, which is 62% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sutro Biopharma stock overvalued right now?
Based on GuruFocus' analysis, Sutro Biopharma (FRA:S090) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.21, compared to a current price of €20.20 — trading 119.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.63, which is 62% above median its 10-year median of 0.39 and 88.6% below the Biotechnology industry median of 5.53. Sutro Biopharma's overall GF Score™ is 50/100 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 Sutro Biopharma (FRA:S090), the current Cyclically Adjusted PS Ratio is 0.63 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 Sutro Biopharma (FRA:S090) Overvalued in 2026?

Based on GuruFocus' analysis, Sutro Biopharma stock appears to be overvalued. The current stock price of €20.20 is trading 119.3% above its estimated GF Value™ of €9.21. GuruFocus considers Sutro Biopharma to be Significantly Overvalued.

Key valuation signals for FRA:S090:

  • Cyclically Adjusted PS Ratio: 0.63 (62% above median its 10-year median of 0.39)
  • GF Value™: €9.21 vs. price of €20.20 (119.3% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 88.6% below the Biotechnology median (#61 of 538)

No single metric tells the full story. See the FRA:S090 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sutro Biopharma Business Description

Other Exchanges STRO:USA
Address 111 Oyster Point Boulevard, South San Francisco, CA, USA, 94080
Sutro Biopharma Inc is a clinical-stage drug discovery, development, and manufacturing company. The company manufactures next-generation protein therapeutics for cancer and autoimmune disorders through its proprietary integrated cell-free protein synthesis platform, XpressCF. Products offered by the company include STRO-001 for patients with multiple myeloma and lymphoma and STRO-002 for the treatment of ovarian and endometrial cancers. Company's wholly-owned product candidate is STRO-004, a single homogeneous ADC directed against tissue factor which are developing for the treatment of solid tumors. The company also pipeline contains STRO-006, STRO-00X, STRO-00Y, STRO-003, VAX24, VAX31, and Others.
50GF 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.

€20.20
Price
€9.21
GF Value