Sigma Healthcare (FRA:S5YA) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:S5YA Sigma Healthcare Ltd FRA:S5YA
52 GF Score
Price €1.53
GF Value €0.53
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Sigma Healthcare Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sigma Healthcare  (FRA:S5YA) 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.


Sigma Healthcare Cyclically Adjusted PS Ratio Related Terms


Sigma Healthcare Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Sigma Healthcare'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.

Sigma Healthcare Cyclically Adjusted PS Ratio Chart

Sigma Healthcare Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jun25 Jun26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.15 0.24 - -

Sigma Healthcare Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Dec25 Jun26
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 0.15 0.17 0.24 0.65 0.69

FRA:S5YA vs MCK, COR, CAH: Cyclically Adjusted PS Ratio Comparison

For the Medical Distribution subindustry, Sigma Healthcare'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.


Sigma Healthcare Cyclically Adjusted PS Ratio vs Medical Distribution Industry

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

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


FRA:S5YA
52GF Score
Sigma Healthcare Ltd FRA:S5YA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sigma Healthcare 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.

Sigma Healthcare's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun26 is calculated as:

For example, Sigma Healthcare's adjusted Revenue per Share data for the fiscal year that ended in Jun26 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun26 (Change)*Current CPI (Jun26)
=0.547/136.4868*136.4868
=0.547

Current CPI (Jun26) = 136.4868.

Sigma Healthcare Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201701 2.676 102.624 3.559
201801 2.545 104.574 3.322
201901 2.408 105.967 3.102
202001 2.003 108.289 2.525
202101 1.961 109.496 2.444
202201 2.148 115.069 2.548
202301 2.310 123.148 2.560
202401 1.910 127.606 2.043
202506 0.818 131.551 0.849
202606 0.547 136.487 0.547

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.

Is Sigma Healthcare (FRA:S5YA) Overvalued in 2026?

Based on GuruFocus' analysis, Sigma Healthcare stock appears to be overvalued. The current stock price of €1.53 is trading 188.7% above its estimated GF Value™ of €0.53. GuruFocus considers Sigma Healthcare to be Significantly Overvalued.

Key valuation signals for FRA:S5YA:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.53 vs. price of €1.53 (188.7% above fair value)
  • GF Score™: 52/100 with 2 warning signs

No single metric tells the full story. See the FRA:S5YA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sigma Healthcare Business Description

Other Exchanges SIG:Australia
Address 6 Albert Street, Preston, VIC, AUS, 3072
Sigma Healthcare is Australia's largest retail pharmacy franchisor, most notably owning the Chemist Warehouse brand, which it merged with in 2025. Sigma is also Australia's largest full-line wholesaler to franchised and independent pharmacies and distributes a broad range of pharmacy products, including prescription medicines, over-the-counter products, and front of store, or FOS, products, at low prices. The group also operates in New Zealand, Ireland, China, and Dubai, has a growing private label range, and offers third-party logistics services.
52GF Score

Get the complete analysis for FRA:S5YA

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

€1.53
Price
€0.53
GF Value