Voyager Therapeutics (FRA:VT6) Cyclically Adjusted PS Ratio: 1.74 (As of Jul. 10, 2026) — 13% Below Median


FRA:VT6 Voyager Therapeutics Inc FRA:VT6
54 GF Score
Price €3.12
GF Value €1.41
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Voyager Therapeutics Cyclically Adjusted PS Ratio?

Voyager Therapeutics FRA:VT6 -0.89% 54 Cyclically Adjusted PS Ratio is 1.74 as of Jul. 10, 2026, which is 13% below its 10-year median of 2.00. GuruFocus rates FRA:VT6 with a GF Score™ of 54/100 and a GF Value™ of €1.41 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 538 Biotechnology companies, Voyager Therapeutics ranks better than 77.14% on this metric.

As of today (2026-07-10), Voyager Therapeutics's current share price is €3.12. Voyager Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.79. Voyager Therapeutics's Cyclically Adjusted PS Ratio for today is 1.74.

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

FRA:VT6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.29   Med: 2   Max: 4.34
Current: 1.72

During the past years, Voyager Therapeutics's highest Cyclically Adjusted PS Ratio was 4.34. The lowest was 1.29. And the median was 2.00.

FRA:VT6's Cyclically Adjusted PS Ratio is ranked better than
77.14% of 538 companies
in the Biotechnology industry
Industry Median: 5.85 vs FRA:VT6: 1.72

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.

Voyager Therapeutics's adjusted revenue per share data for the three months ended in Mar. 2026 was €0.038. 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 €1.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voyager Therapeutics  (FRA:VT6) 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.


Voyager Therapeutics Cyclically Adjusted PS Ratio Related Terms


Voyager Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Voyager Therapeutics'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.

Voyager Therapeutics Cyclically Adjusted PS Ratio Chart

Voyager Therapeutics 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 2.68 1.86

Voyager Therapeutics 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 1.59 1.47 2.20 1.86 1.81

FRA:VT6 vs KROS, CDXS, CAMP: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Voyager Therapeutics'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.


Voyager Therapeutics Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


FRA:VT6
54GF Score
Voyager Therapeutics Inc FRA:VT6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Voyager Therapeutics 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.

Voyager Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.12/1.79
=1.74

* 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.

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

For example, Voyager Therapeutics'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)
=0.038/330.2130*330.2130
=0.038

Current CPI (Mar. 2026) = 330.2130.

Voyager Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.131 241.018 0.179
201609 0.116 241.428 0.159
201612 0.088 241.432 0.120
201703 0.053 243.801 0.072
201706 0.040 244.955 0.054
201709 0.037 246.819 0.050
201712 0.183 246.524 0.245
201803 0.024 249.554 0.032
201806 0.069 251.989 0.090
201809 0.056 252.439 0.073
201812 0.055 251.233 0.072
201903 0.138 254.202 0.179
201906 1.075 256.143 1.386
201909 0.505 256.759 0.649
201912 0.798 256.974 1.025
202003 0.442 258.115 0.565
202006 0.688 257.797 0.881
202009 2.656 260.280 3.370
202012 0.144 260.474 0.183
202103 0.146 264.877 0.182
202106 0.030 271.696 0.036
202109 0.033 274.310 0.040
202112 0.657 278.802 0.778
202203 0.016 287.504 0.018
202206 0.018 296.311 0.020
202209 1.049 296.808 1.167
202212 -0.038 296.797 -0.042
202303 3.334 301.836 3.647
202306 0.103 305.109 0.111
202309 0.099 307.789 0.106
202312 1.637 306.746 1.762
202403 0.314 312.332 0.332
202406 0.476 314.175 0.500
202409 0.384 315.301 0.402
202412 0.103 315.605 0.108
202503 0.103 319.799 0.106
202506 0.077 322.561 0.079
202509 0.194 324.800 0.197
202512 0.222 324.054 0.226
202603 0.038 330.213 0.038

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 1.74 mean?
Voyager Therapeutics (FRA:VT6) has a Cyclically Adjusted PS Ratio of 1.74 as of Jul. 10, 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 Voyager Therapeutics and its competitors. This is 13% below median its historical median of 2.00. Over the past decade, Voyager Therapeutics' Cyclically Adjusted PS Ratio has ranged from 1.29 to 4.34. According to the industry distribution chart, Voyager Therapeutics ranks #123 out of 538 companies in the Biotechnology industry, placing it in the top 22.9%.
Is Voyager Therapeutics' Cyclically Adjusted PS Ratio too high?
Voyager Therapeutics' current Cyclically Adjusted PS Ratio of 1.74 is 13% below median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 4.34. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.85. Voyager Therapeutics' value of 1.74 is 70.3% below this industry median. Based on the distribution chart, Voyager Therapeutics ranks #123 out of 538 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Voyager Therapeutics has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Voyager Therapeutics' Cyclically Adjusted PS Ratio compare to KROS and CDXS?
According to the Biotechnology industry distribution chart, Voyager Therapeutics ranks #123 out of 538 companies for Cyclically Adjusted PS Ratio. This places Voyager Therapeutics in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.85. Voyager Therapeutics' value of 1.74 is 70.3% below this benchmark. Historically, Voyager Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 1.29 to 4.34 over the past decade. While the company's 10-year median is 2.00 vs. the industry median of 5.85, Voyager Therapeutics 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 5.85, 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. Voyager Therapeutics's current Cyclically Adjusted PS Ratio of 1.74 is 70.3% 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 Voyager Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyager Therapeutics's current Cyclically Adjusted PS Ratio is 1.74, which is 13% below median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Voyager Therapeutics (FRA:VT6) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.41, compared to a current price of €3.12 — trading 121.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.74, which is 13% below median its 10-year median of 2.00 and 70.3% below the Biotechnology industry median of 5.85. Voyager Therapeutics' overall GF Score™ is 54/100 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 Voyager Therapeutics (FRA:VT6), the current Cyclically Adjusted PS Ratio is 1.74 as of Jul. 10, 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 Voyager Therapeutics (FRA:VT6) Overvalued in 2026?

Based on GuruFocus' analysis, Voyager Therapeutics stock appears to be overvalued. The current stock price of €3.12 is trading 121.3% above its estimated GF Value™ of €1.41. GuruFocus considers Voyager Therapeutics to be Significantly Overvalued.

Key valuation signals for FRA:VT6:

  • Cyclically Adjusted PS Ratio: 1.74 (13% below median its 10-year median of 2.00)
  • GF Value™: €1.41 vs. price of €3.12 (121.3% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 70.3% below the Biotechnology median (#123 of 538)

No single metric tells the full story. See the FRA:VT6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voyager Therapeutics Business Description

Other Exchanges VYGR:USAVYGR:Mexico
Address 75 Hayden Avenue, Lexington, MA, USA, 02421
Voyager Therapeutics Inc is a biotechnology company to leverage the power of human genetics to modify the course of and ultimately cure neurological diseases. Its pipeline includes programs for Alzheimer's disease, or AD; Friedreich's ataxia, or FA; Parkinson's disease, or PD; and multiple other diseases of the central nervous system, or CNS. Many of its programs are derived from its TRACER (Tropism Redirection of AAV by Cell-type-specific Expression of RNA) adeno-associated virus, or AAV, capsid discovery platform, which the company has used to generate novel capsids, or TRACER Capsids, and identify associated receptors to potentially enable high brain penetration with genetic medicines following intravenous, or IV, dosing. Its segment is developing and commercializing genetic medicine.
54GF 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.

€3.12
Price
€1.41
GF Value