uniQure NV (HAM:UQ1) Cyclically Adjusted PS Ratio: 21.12 (As of Aug. 09, 2026) — 183% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:UQ1 uniQure NV HAM:UQ1
48 GF Score
Price €40.55
GF Value €6.22
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is uniQure NV Cyclically Adjusted PS Ratio?

uniQure NV HAM:UQ1 +4.51% 48 Cyclically Adjusted PS Ratio is 21.12 as of Aug. 09, 2026, which is 183% above its 10-year median of 7.46. GuruFocus rates HAM:UQ1 with a GF Score™ of 48/100 and a GF Value™ of €6.22 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 540 Biotechnology companies, uniQure NV ranks worse than 82.78% on this metric.

As of today (2026-08-09), uniQure NV's current share price is €40.55. uniQure NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €1.92. uniQure NV's Cyclically Adjusted PS Ratio for today is 21.12.

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

HAM:UQ1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.86   Med: 7.46   Max: 31.78
Current: 21.95

During the past years, uniQure NV's highest Cyclically Adjusted PS Ratio was 31.78. The lowest was 1.86. And the median was 7.46.

HAM:UQ1's Cyclically Adjusted PS Ratio is ranked worse than
82.78% of 540 companies
in the Biotechnology industry
Industry Median: 5.715 vs HAM:UQ1: 21.95

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.

uniQure NV's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.077. 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 €1.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


uniQure NV  (HAM:UQ1) 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.


uniQure NV Cyclically Adjusted PS Ratio Related Terms


uniQure NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for uniQure NV'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.

uniQure NV Cyclically Adjusted PS Ratio Chart

uniQure NV 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 11.22 3.39 8.46 11.34

uniQure NV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.59 27.36 11.34 7.72 21.78

HAM:UQ1 vs ATAI, RARE, CLDX: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, uniQure NV'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.


uniQure NV Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


HAM:UQ1
48GF Score
uniQure NV HAM:UQ1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

uniQure NV 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.

uniQure NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.55/1.92
=21.12

* 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.

uniQure NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, uniQure NV's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.077/137.7700*137.7700
=0.077

Current CPI (Jun. 2026) = 137.7700.

uniQure NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.256 100.570 0.351
201612 0.343 100.710 0.469
201703 0.122 101.440 0.166
201706 0.172 101.370 0.234
201709 0.074 102.030 0.100
201712 0.070 101.970 0.095
201803 0.089 102.470 0.120
201806 0.072 103.100 0.096
201809 0.072 103.950 0.095
201812 0.038 103.970 0.050
201903 0.027 105.370 0.035
201906 0.058 105.840 0.075
201909 0.023 106.700 0.030
201912 0.054 106.800 0.070
202003 0.002 106.850 0.003
202006 0.031 107.510 0.040
202009 0.034 107.880 0.043
202012 0.626 107.850 0.800
202103 0.008 108.870 0.010
202106 8.204 109.670 10.306
202109 0.037 110.790 0.046
202112 1.086 114.010 1.312
202203 0.035 119.460 0.040
202206 0.010 119.050 0.012
202209 0.031 126.890 0.034
202212 2.068 124.940 2.280
202303 0.105 124.720 0.116
202306 0.047 125.830 0.051
202309 0.028 127.160 0.030
202312 0.128 126.450 0.139
202403 0.161 128.580 0.173
202406 0.213 129.910 0.226
202409 0.042 131.610 0.044
202412 0.102 131.630 0.107
202503 0.027 133.330 0.028
202506 0.083 133.960 0.085
202509 0.054 135.920 0.055
202512 0.076 135.270 0.077
202603 0.049 136.910 0.049
202606 0.077 137.770 0.077

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 21.12 mean?
uniQure NV (HAM:UQ1) has a Cyclically Adjusted PS Ratio of 21.12 as of Aug. 09, 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 uniQure NV and its competitors. This is 183% above median its historical median of 7.46. Over the past decade, uniQure NV's Cyclically Adjusted PS Ratio has ranged from 1.86 to 31.78. According to the industry distribution chart, uniQure NV ranks #447 out of 540 companies in the Biotechnology industry, placing it in the top 82.8%.
Is uniQure NV's Cyclically Adjusted PS Ratio too high?
uniQure NV's current Cyclically Adjusted PS Ratio of 21.12 is 183% above median its 10-year median of 7.46. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 31.78. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.72. uniQure NV's value of 21.12 is 269.6% above this industry median. Based on the distribution chart, uniQure NV ranks #447 out of 540 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, uniQure NV has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does uniQure NV's Cyclically Adjusted PS Ratio compare to ATAI and RARE?
According to the Biotechnology industry distribution chart, uniQure NV ranks #447 out of 540 companies for Cyclically Adjusted PS Ratio. This places uniQure NV in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.72. uniQure NV's value of 21.12 is 269.6% above this benchmark. Historically, uniQure NV's own Cyclically Adjusted PS Ratio has ranged from 1.86 to 31.78 over the past decade. While the company's 10-year median is 7.46 vs. the industry median of 5.72, uniQure NV 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 5.72, based on 540 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. uniQure NV's current Cyclically Adjusted PS Ratio of 21.12 is 269.6% 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 uniQure NV 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. uniQure NV's current Cyclically Adjusted PS Ratio is 21.12, which is 183% above median its own 10-year median of 7.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is uniQure NV stock overvalued right now?
Based on GuruFocus' analysis, uniQure NV (HAM:UQ1) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.22, compared to a current price of €40.55 — trading 551.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 21.12, which is 183% above median its 10-year median of 7.46 and 269.6% above the Biotechnology industry median of 5.72. uniQure NV's overall GF Score™ is 48/100 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 uniQure NV (HAM:UQ1), the current Cyclically Adjusted PS Ratio is 21.12 as of Aug. 09, 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 uniQure NV (HAM:UQ1) Overvalued in 2026?

Based on GuruFocus' analysis, uniQure NV stock appears to be overvalued. The current stock price of €40.55 is trading 551.9% above its estimated GF Value™ of €6.22. GuruFocus considers uniQure NV to be Significantly Overvalued.

Key valuation signals for HAM:UQ1:

  • Cyclically Adjusted PS Ratio: 21.12 (183% above median its 10-year median of 7.46)
  • GF Value™: €6.22 vs. price of €40.55 (551.9% above fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 269.6% above the Biotechnology median (#447 of 540)

No single metric tells the full story. See the HAM:UQ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


uniQure NV Business Description

Other Exchanges QURE:USAQUREN:Mexico0EE0:UK
Address Paasheuvelweg 25, Amsterdam, NH, NLD, 1105 BP
uniQure NV is a gene therapy company. It develops treatments and platforms for patients suffering from genetic and other devastating diseases. Its products and services are focused on hemophilia, Huntington's disease, and cardiovascular diseases. The company is focused on the development of the pipeline of gene therapies with the collaboration of Bristol Myers Squibb for cardiovascular diseases. Its program and pipeline involves: Huntington's Disease, Temporal Lobe Epilepsy (TLE), Fabry Disease, ALS (SOD1), Hemophilia B, Clinical Trials, and Research Programs.
48GF Score

Get the complete analysis for HAM:UQ1

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

€40.55
Price
€6.22
GF Value