Cormedix (HAM:19KA) Cyclically Adjusted PS Ratio: 10.90 (As of Jul. 18, 2026) — 93% Below Median

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HAM:19KA Cormedix Inc HAM:19KA
47 GF Score
Price €7.20
GF Value €55.88
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Cormedix Cyclically Adjusted PS Ratio?

Cormedix HAM:19KA -1.83% 47 Cyclically Adjusted PS Ratio is 10.90 as of Jul. 18, 2026, which is 93% below its 10-year median of 161.84. GuruFocus rates HAM:19KA with a GF Score™ of 47/100 and a GF Value™ of €55.88 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 538 Biotechnology companies, Cormedix ranks worse than 66.54% on this metric.

As of today (2026-07-18), Cormedix's current share price is €7.196. Cormedix's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €0.66. Cormedix's Cyclically Adjusted PS Ratio for today is 10.90.

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

HAM:19KA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.04   Med: 161.84   Max: 586
Current: 10.83

During the past years, Cormedix's highest Cyclically Adjusted PS Ratio was 586.00. The lowest was 9.04. And the median was 161.84.

HAM:19KA's Cyclically Adjusted PS Ratio is ranked worse than
66.54% of 538 companies
in the Biotechnology industry
Industry Median: 5.825 vs HAM:19KA: 10.83

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.

Cormedix's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.185. 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 €0.66 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cormedix  (HAM:19KA) 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.


Cormedix Cyclically Adjusted PS Ratio Related Terms


Cormedix Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cormedix'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.

Cormedix Cyclically Adjusted PS Ratio Chart

Cormedix 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 169.28 155.60 0.00 70.00 19.69

Cormedix 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 32.53 47.56 27.96 19.69 8.73

HAM:19KA vs STTK, ACHV, EIKN: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Cormedix'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.


Cormedix Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


HAM:19KA
47GF Score
Cormedix Inc HAM:19KA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cormedix 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.196/0.66
=10.90

* 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.

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

For example, Cormedix'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)
=1.185/330.2130*330.2130
=1.185

Current CPI (Mar. 2026) = 330.2130.

Cormedix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.002 241.018 0.003
201609 0.005 241.428 0.007
201612 0.014 241.432 0.019
201703 0.005 243.801 0.007
201706 0.012 244.955 0.016
201709 0.004 246.819 0.005
201712 0.006 246.524 0.008
201803 0.001 249.554 0.001
201806 0.000 251.989 0.000
201809 0.017 252.439 0.022
201812 0.001 251.233 0.001
201903 0.006 254.202 0.008
201906 0.001 256.143 0.001
201909 0.002 256.759 0.003
201912 0.001 256.974 0.001
202003 0.003 258.115 0.004
202006 0.001 257.797 0.001
202009 0.003 260.280 0.004
202012 0.001 260.474 0.001
202103 0.002 264.877 0.002
202106 0.000 271.696 0.000
202109 0.001 274.310 0.001
202112 0.001 278.802 0.001
202203 0.000 287.504 0.000
202206 0.001 296.311 0.001
202209 0.000 296.808 0.000
202212 0.001 296.797 0.001
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.000 307.789 0.000
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 0.013 314.175 0.014
202409 0.175 315.301 0.183
202412 0.484 315.605 0.506
202503 0.524 319.799 0.541
202506 0.479 322.561 0.490
202509 1.030 324.800 1.047
202512 1.166 324.054 1.188
202603 1.185 330.213 1.185

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 10.90 mean?
Cormedix (HAM:19KA) has a Cyclically Adjusted PS Ratio of 10.90 as of Jul. 18, 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 Cormedix and its competitors. This is 93% below median its historical median of 161.84. Over the past decade, Cormedix's Cyclically Adjusted PS Ratio has ranged from 9.04 to 586.00. According to the industry distribution chart, Cormedix ranks #358 out of 538 companies in the Biotechnology industry, placing it in the top 66.5%.
Is Cormedix's Cyclically Adjusted PS Ratio too high?
Cormedix's current Cyclically Adjusted PS Ratio of 10.90 is 93% below median its 10-year median of 161.84. Over the past 10 years, this metric has ranged from a low of 9.04 to a high of 586.00. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.83. Cormedix's value of 10.90 is 87.1% above this industry median. Based on the distribution chart, Cormedix ranks #358 out of 538 companies in the Biotechnology industry, which is below the industry midpoint. Overall, Cormedix has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cormedix's Cyclically Adjusted PS Ratio compare to STTK and ACHV?
According to the Biotechnology industry distribution chart, Cormedix ranks #358 out of 538 companies for Cyclically Adjusted PS Ratio. This places Cormedix in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.83. Cormedix's value of 10.90 is 87.1% above this benchmark. Historically, Cormedix's own Cyclically Adjusted PS Ratio has ranged from 9.04 to 586.00 over the past decade. While the company's 10-year median is 161.84 vs. the industry median of 5.83, Cormedix has consistently been above 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 5.83, 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. Cormedix's current Cyclically Adjusted PS Ratio of 10.90 is 87.1% 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 Cormedix and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cormedix's current Cyclically Adjusted PS Ratio is 10.90, which is 93% below median its own 10-year median of 161.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cormedix stock overvalued right now?
Based on GuruFocus' analysis, Cormedix (HAM:19KA) is currently considered Possible Value Trap. The stock's GF Value™ is €55.88, compared to a current price of €7.20 — trading 87.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.90, which is 93% below median its 10-year median of 161.84 and 87.1% above the Biotechnology industry median of 5.83. Cormedix's overall GF Score™ is 47/100 with 6 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 Cormedix (HAM:19KA), the current Cyclically Adjusted PS Ratio is 10.90 as of Jul. 18, 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 Cormedix (HAM:19KA) Overvalued in 2026?

Based on GuruFocus' analysis, Cormedix stock appears to be undervalued. The current stock price of €7.20 is trading 87.1% below its estimated GF Value™ of €55.88. GuruFocus considers Cormedix to be Possible Value Trap.

Key valuation signals for HAM:19KA:

  • Cyclically Adjusted PS Ratio: 10.90 (93% below median its 10-year median of 161.84)
  • GF Value™: €55.88 vs. price of €7.20 (87.1% below fair value)
  • GF Score™: 47/100 with 6 warning signs
  • Industry Position: 87.1% above the Biotechnology median (#358 of 538)

No single metric tells the full story. See the HAM:19KA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cormedix Business Description

Other Exchanges CRMD:USA19KA:Germany
Address 389 Interpace Parkway, Suite 450, Parsippany, NJ, USA, 07054
Cormedix Inc is a biopharmaceutical company focused on developing and commercializing therapeutic products for life-threatening diseases and conditions. The Company's focus is on the commercialization of its product, DefenCath, in the United States and other key markets. The group currently operates in a single segment, Drug Product, located in a single geographic location, the United States.
47GF Score

Get the complete analysis for HAM:19KA

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

€7.20
Price
€55.88
GF Value