Surmodics (FRA:SU6) Cyclically Adjusted PS Ratio: 5.24 (As of Sep. 03, 2026)

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FRA:SU6 Surmodics Inc FRA:SU6
51 GF Score
Price €36.40
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What is Surmodics Cyclically Adjusted PS Ratio?

Surmodics FRA:SU6 51 Cyclically Adjusted PS Ratio is 5.24 as of Sep. 03, 2026. GuruFocus rates FRA:SU6 with a GF Score™ of 51/100.

As of today (2026-09-03), Surmodics's current share price is €36.40. Surmodics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2025 was €6.94. Surmodics's Cyclically Adjusted PS Ratio for today is 5.24.

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

FRA:SU6's Cyclically Adjusted PS Ratio is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.27
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Surmodics's adjusted revenue per share data for the three months ended in Jun. 2025 was €1.795. 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 €6.94 for the trailing ten years ended in Jun. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surmodics  (FRA:SU6) 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.


Surmodics Cyclically Adjusted PS Ratio Related Terms


Surmodics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Surmodics'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.

Surmodics Cyclically Adjusted PS Ratio Chart

Surmodics Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.31 9.24 4.43 4.24 4.79

Surmodics Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 5.27 4.79 4.84 3.66 3.52

FRA:SU6 vs CBLL, OFIX, LAB: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Surmodics'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.


Surmodics Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Surmodics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:SU6
51GF Score
Surmodics Inc FRA:SU6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Surmodics 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.

Surmodics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.40/6.94
=5.24

* 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.

Surmodics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=1.795/322.5610*322.5610
=1.795

Current CPI (Jun. 2025) = 322.5610.

Surmodics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201509 1.173 237.945 1.590
201512 1.152 236.525 1.571
201603 1.137 238.132 1.540
201606 1.338 241.018 1.791
201609 1.219 241.428 1.629
201612 1.252 241.432 1.673
201703 1.219 243.801 1.613
201706 1.183 244.955 1.558
201709 1.261 246.819 1.648
201712 1.100 246.524 1.439
201803 1.148 249.554 1.484
201806 1.441 251.989 1.845
201809 1.487 252.439 1.900
201812 1.414 251.233 1.815
201903 1.456 254.202 1.848
201906 1.570 256.143 1.977
201909 2.029 256.759 2.549
201912 1.478 256.974 1.855
202003 1.502 258.115 1.877
202006 1.732 257.797 2.167
202009 1.375 260.280 1.704
202012 1.341 260.474 1.661
202103 2.103 264.877 2.561
202106 1.432 271.696 1.700
202109 1.447 274.310 1.702
202112 1.467 278.802 1.697
202203 1.703 287.504 1.911
202206 1.688 296.311 1.838
202209 1.883 296.808 2.046
202212 1.683 296.797 1.829
202303 1.811 301.836 1.935
202306 3.442 305.109 3.639
202309 1.863 307.789 1.952
202312 1.987 306.746 2.089
202403 2.073 312.332 2.141
202406 1.989 314.175 2.042
202409 2.110 315.301 2.159
202412 2.008 315.605 2.052
202503 1.820 319.799 1.836
202506 1.795 322.561 1.795

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 5.24 mean?
Surmodics (FRA:SU6) has a Cyclically Adjusted PS Ratio of 5.24 as of Sep. 03, 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 Surmodics and its competitors.
Is Surmodics' Cyclically Adjusted PS Ratio too high?
Surmodics' current Cyclically Adjusted PS Ratio is 5.24. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.27. Surmodics' value of 5.24 is 130.8% above this industry median. Overall, Surmodics has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Surmodics' Cyclically Adjusted PS Ratio compare to CBLL and OFIX?
Surmodics' Cyclically Adjusted PS Ratio of 5.24 can be compared against companies in the Medical Devices & Instruments industry. The industry median Cyclically Adjusted PS Ratio is 2.27. Surmodics' value of 5.24 is 130.8% above this benchmark. 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.27, based on 525 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. Surmodics's current Cyclically Adjusted PS Ratio of 5.24 is 130.8% 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 Surmodics and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surmodics's current Cyclically Adjusted PS Ratio is 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surmodics stock overvalued right now?
Surmodics (FRA:SU6) has a current Cyclically Adjusted PS Ratio of 5.24. The current Cyclically Adjusted PS Ratio is 5.24 and 130.8% above the Medical Devices & Instruments industry median of 2.27. Surmodics' overall GF Score™ is 51/100. 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 Surmodics (FRA:SU6), the current Cyclically Adjusted PS Ratio is 5.24 as of Sep. 03, 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.

Surmodics Business Description

Address 9924 West 74th Street, Eden Prairie, MN, USA, 55344
Surmodics Inc is a provider of performance coating technologies for intravascular medical devices and chemical and biological components for in vitro diagnostic (IVD) immunoassay tests and microarrays. The company's reportable segments are; Medical Device and In Vitro Diagnostics. Maximum revenue for the company is derived from its Medical Device segment which is involved in the manufacturing and licensing of performance coatings, including surface modification coating technologies and drug-delivery coating technologies. This segment also manufactures vascular intervention medical devices, including drug-coated balloons, mechanical thrombectomy devices, and radial access balloon catheters and guide sheaths. Geographically, the company derives key revenue from its domestic market.
51GF 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.

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