Biotest AG (HAM:BIO) Cyclically Adjusted PS Ratio: 2.72 (As of Aug. 12, 2026)

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HAM:BIO Biotest AG HAM:BIO
56 GF Score
Price €40.00
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What is Biotest AG Cyclically Adjusted PS Ratio?

Biotest AG HAM:BIO +2.04% 56 Cyclically Adjusted PS Ratio is 2.72 as of Aug. 12, 2026. GuruFocus rates HAM:BIO with a GF Score™ of 56/100.

As of today (2026-08-12), Biotest AG's current share price is €40.00. Biotest AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was €14.73. Biotest AG's Cyclically Adjusted PS Ratio for today is 2.72.

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

HAM:BIO's Cyclically Adjusted PS Ratio is not ranked *
in the Biotechnology industry.
Industry Median: 5.72
* 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.

Biotest AG's adjusted revenue per share data for the three months ended in Mar. 2025 was €3.192. 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 €14.73 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Biotest AG  (HAM:BIO) 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.


Biotest AG Cyclically Adjusted PS Ratio Related Terms


Biotest AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Biotest AG'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.

Biotest AG Cyclically Adjusted PS Ratio Chart

Biotest AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 3.27 3.09 2.94 2.77

Biotest AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.88 2.76 2.79 2.77 2.73

HAM:BIO vs VRTX, REGN, ALNY: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Biotest AG'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.


Biotest AG Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


HAM:BIO
56GF Score
Biotest AG HAM:BIO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Biotest AG 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.

Biotest AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.00/14.73
=2.72

* 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.

Biotest AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.192/127.7792*127.7792
=3.192

Current CPI (Mar. 2025) = 127.7792.

Biotest AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 3.630 100.417 4.619
201509 3.293 100.417 4.190
201512 2.949 99.717 3.779
201603 3.711 100.017 4.741
201606 3.417 100.717 4.335
201609 3.333 101.017 4.216
201612 -0.147 101.217 -0.186
201703 1.669 101.417 2.103
201706 2.373 102.117 2.969
201709 2.536 102.717 3.155
201712 2.777 102.617 3.458
201803 2.184 102.917 2.712
201806 2.848 104.017 3.499
201809 2.266 104.718 2.765
201812 2.798 104.217 3.431
201903 2.583 104.217 3.167
201906 2.573 105.718 3.110
201909 2.648 106.018 3.192
201912 2.507 105.818 3.027
202003 2.533 105.718 3.062
202006 3.782 106.618 4.533
202009 2.758 105.818 3.330
202012 3.520 105.518 4.263
202103 3.149 107.518 3.742
202106 3.697 108.486 4.354
202109 2.924 109.435 3.414
202112 3.435 110.384 3.976
202203 3.075 113.968 3.448
202206 3.567 115.760 3.937
202209 2.787 118.818 2.997
202212 3.848 119.345 4.120
202303 3.045 122.402 3.179
202306 3.914 123.140 4.061
202309 5.664 124.195 5.827
202312 4.657 123.773 4.808
202403 5.398 125.038 5.516
202406 3.880 125.882 3.938
202409 4.051 126.198 4.102
202412 5.143 127.041 5.173
202503 3.192 127.779 3.192

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 2.72 mean?
Biotest AG (HAM:BIO) has a Cyclically Adjusted PS Ratio of 2.72 as of Aug. 12, 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 Biotest AG and its competitors.
Is Biotest AG's Cyclically Adjusted PS Ratio too high?
Biotest AG's current Cyclically Adjusted PS Ratio is 2.72. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.72. Biotest AG's value of 2.72 is 52.4% below this industry median. Overall, Biotest AG has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Biotest AG's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
Biotest AG's Cyclically Adjusted PS Ratio of 2.72 can be compared against companies in the Biotechnology industry. The industry median Cyclically Adjusted PS Ratio is 5.72. Biotest AG's value of 2.72 is 52.4% below 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.72, based on 537 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. Biotest AG's current Cyclically Adjusted PS Ratio of 2.72 is 52.4% 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 Biotest AG and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biotest AG's current Cyclically Adjusted PS Ratio is 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biotest AG stock overvalued right now?
Biotest AG (HAM:BIO) has a current Cyclically Adjusted PS Ratio of 2.72. The current Cyclically Adjusted PS Ratio is 2.72 and 52.4% below the Biotechnology industry median of 5.72. Biotest AG's overall GF Score™ is 56/100. 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 Biotest AG (HAM:BIO), the current Cyclically Adjusted PS Ratio is 2.72 as of Aug. 12, 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.

Biotest AG Business Description

Address Landsteinerstrasse 5, PO Box 10 20 40, Dreieich, DEU, 63303
Biotest AG is a supplier of biological medicines. The company produces its products from human blood plasma or manufactured by using biotechnology methods. It is engaged in the area of hematology, clinical immunology, and intensive care medicine. The company covers preclinical and clinical development of the preparations, plasma collection, production, as well as marketing and sales.
56GF 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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