Corcept Therapeutics (HAM:HTD) Cyclically Adjusted PS Ratio: 24.82 (As of Jul. 06, 2026) — 53% Above Median


HAM:HTD Corcept Therapeutics Inc HAM:HTD
88 GF Score
Price €78.94
GF Value €54.59
! 8 Warning Signs
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What is Corcept Therapeutics Cyclically Adjusted PS Ratio?

Corcept Therapeutics HAM:HTD +1.60% 88 Cyclically Adjusted PS Ratio is 24.82 as of Jul. 06, 2026, which is 53% above its 10-year median of 16.18. GuruFocus rates HAM:HTD with a GF Score™ of 88/100 and a GF Value™ of €54.59. The stock has 8 warning signs investors should review. Among 535 Biotechnology companies, Corcept Therapeutics ranks worse than 83.18% on this metric.

As of today (2026-07-06), Corcept Therapeutics's current share price is €78.94. Corcept Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €3.18. Corcept Therapeutics's Cyclically Adjusted PS Ratio for today is 24.82.

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

HAM:HTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.86   Med: 16.18   Max: 53.4
Current: 23.53

During the past years, Corcept Therapeutics's highest Cyclically Adjusted PS Ratio was 53.40. The lowest was 8.86. And the median was 16.18.

HAM:HTD's Cyclically Adjusted PS Ratio is ranked worse than
83.18% of 535 companies
in the Biotechnology industry
Industry Median: 5.95 vs HAM:HTD: 23.53

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.

Corcept Therapeutics's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.366. 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 €3.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corcept Therapeutics  (HAM:HTD) 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.


Corcept Therapeutics Cyclically Adjusted PS Ratio Related Terms


Corcept Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Corcept 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.

Corcept Therapeutics Cyclically Adjusted PS Ratio Chart

Corcept 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 13.54 10.90 13.85 16.94 9.60

Corcept 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 36.47 22.21 23.85 9.60 10.52

HAM:HTD vs PRAX, IBRX, NUVL: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Corcept 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.


Corcept Therapeutics Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


HAM:HTD
88GF Score
Corcept Therapeutics Inc HAM:HTD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Corcept 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.94/3.18
=24.82

* 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.

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

For example, Corcept 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)
=1.366/330.2130*330.2130
=1.366

Current CPI (Mar. 2026) = 330.2130.

Corcept Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.152 241.018 0.208
201609 0.166 241.428 0.227
201612 0.190 241.432 0.260
201703 0.213 243.801 0.288
201706 0.257 244.955 0.346
201709 0.286 246.819 0.383
201712 0.352 246.524 0.471
201803 0.366 249.554 0.484
201806 0.418 251.989 0.548
201809 0.438 252.439 0.573
201812 0.469 251.233 0.616
201903 0.463 254.202 0.601
201906 0.525 256.143 0.677
201909 0.608 256.759 0.782
201912 0.644 256.974 0.828
202003 0.690 258.115 0.883
202006 0.638 257.797 0.817
202009 0.589 260.280 0.747
202012 0.556 260.474 0.705
202103 0.515 264.877 0.642
202106 0.600 271.696 0.729
202109 0.653 274.310 0.786
202112 0.715 278.802 0.847
202203 0.739 287.504 0.849
202206 0.848 296.311 0.945
202209 0.881 296.808 0.980
202212 0.836 296.797 0.930
202303 0.855 301.836 0.935
202306 0.991 305.109 1.073
202309 1.042 307.789 1.118
202312 1.121 306.746 1.207
202403 1.229 312.332 1.299
202406 1.368 314.175 1.438
202409 1.446 315.301 1.514
202412 1.457 315.605 1.524
202503 1.214 319.799 1.254
202506 1.399 322.561 1.432
202509 1.481 324.800 1.506
202512 1.438 324.054 1.465
202603 1.366 330.213 1.366

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 24.82 mean?
Corcept Therapeutics (HAM:HTD) has a Cyclically Adjusted PS Ratio of 24.82 as of Jul. 06, 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 Corcept Therapeutics and its competitors. This is 53% above median its historical median of 16.18. Over the past decade, Corcept Therapeutics' Cyclically Adjusted PS Ratio has ranged from 8.86 to 53.40. According to the industry distribution chart, Corcept Therapeutics ranks #445 out of 535 companies in the Biotechnology industry, placing it in the top 83.2%.
Is Corcept Therapeutics' Cyclically Adjusted PS Ratio too high?
Corcept Therapeutics' current Cyclically Adjusted PS Ratio of 24.82 is 53% above median its 10-year median of 16.18. Over the past 10 years, this metric has ranged from a low of 8.86 to a high of 53.40. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.95. Corcept Therapeutics' value of 24.82 is 317.1% above this industry median. Based on the distribution chart, Corcept Therapeutics ranks #445 out of 535 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Corcept Therapeutics has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Corcept Therapeutics' Cyclically Adjusted PS Ratio compare to PRAX and IBRX?
According to the Biotechnology industry distribution chart, Corcept Therapeutics ranks #445 out of 535 companies for Cyclically Adjusted PS Ratio. This places Corcept Therapeutics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.95. Corcept Therapeutics' value of 24.82 is 317.1% above this benchmark. Historically, Corcept Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 8.86 to 53.40 over the past decade. While the company's 10-year median is 16.18 vs. the industry median of 5.95, Corcept Therapeutics 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 5.95, based on 535 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. Corcept Therapeutics's current Cyclically Adjusted PS Ratio of 24.82 is 317.1% 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 Corcept Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corcept Therapeutics's current Cyclically Adjusted PS Ratio is 24.82, which is 53% above median its own 10-year median of 16.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corcept Therapeutics stock overvalued right now?
Corcept Therapeutics (HAM:HTD) has a current Cyclically Adjusted PS Ratio of 24.82. The stock's GF Value™ is €54.59, compared to a current price of €78.94 — trading 44.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 24.82, which is 53% above median its 10-year median of 16.18 and 317.1% above the Biotechnology industry median of 5.95. Corcept Therapeutics' overall GF Score™ is 88/100 with 8 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 Corcept Therapeutics (HAM:HTD), the current Cyclically Adjusted PS Ratio is 24.82 as of Jul. 06, 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 Corcept Therapeutics (HAM:HTD) Overvalued in 2026?

Based on GuruFocus' analysis, Corcept Therapeutics stock appears to be overvalued. The current stock price of €78.94 is trading 44.6% above its estimated GF Value™ of €54.59.

Key valuation signals for HAM:HTD:

  • Cyclically Adjusted PS Ratio: 24.82 (53% above median its 10-year median of 16.18)
  • GF Value™: €54.59 vs. price of €78.94 (44.6% above fair value)
  • GF Score™: 88/100 with 8 warning signs
  • Industry Position: 317.1% above the Biotechnology median (#445 of 535)

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


Corcept Therapeutics Business Description

Address 101 Redwood Shores Parkway, Redwood City, CA, USA, 94065
Corcept Therapeutics Inc is a commercial-stage pharmaceutical company engaged in the discovery and development of medications that treat severe metabolic, oncologic, and neuropsychiatric disorders by modulating the effect of the cortisol hormone. The company markets Korlym (mifepristone) tablets and its authorized generic version, which is an oral medication for the treatment of hypercortisolism (also known as Cushing's syndrome). Additionally, its pipeline contains several key compounds, such as Relacorilant, Dazucorilant, Miricorilant, etc., that are being evaluated in clinical trials as potential treatments for a variety of serious disorders like hypercortisolism, solid tumors (including ovarian, endometrial, cervical, pancreatic, and prostate cancers), ALS, and MASH.
88GF 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.

€78.94
Price
€54.59
GF Value