ICCC (ImmuCell) Cyclically Adjusted PS Ratio: 3.49 (As of Aug. 20, 2026) — 31% Above Median

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ICCC ImmuCell Corp ICCC
54 GF Score
Price $10.13
GF Value $6.91
Valuation Significantly Overvalued
! 5 Warning Signs
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What is ImmuCell Cyclically Adjusted PS Ratio?

ImmuCell ICCC +4.00% 54 Cyclically Adjusted PS Ratio is 3.49 as of Aug. 20, 2026, which is 31% above its 10-year median of 2.66. GuruFocus rates ICCC with a GF Score™ of 54/100 and a GF Value™ of $6.91 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 532 Biotechnology companies, ImmuCell ranks better than 61.65% on this metric.

As of today (2026-08-20), ImmuCell's current share price is $10.13. ImmuCell's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $2.90. ImmuCell's Cyclically Adjusted PS Ratio for today is 3.49.

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

ICCC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.66   Max: 5.08
Current: 3.49

During the past years, ImmuCell's highest Cyclically Adjusted PS Ratio was 5.08. The lowest was 1.23. And the median was 2.66.

ICCC's Cyclically Adjusted PS Ratio is ranked better than
61.65% of 532 companies
in the Biotechnology industry
Industry Median: 5.745 vs ICCC: 3.49

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.

ImmuCell's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.782. 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 $2.90 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


ImmuCell  (NAS:ICCC) 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.


ImmuCell Cyclically Adjusted PS Ratio Related Terms


ImmuCell Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ImmuCell'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.

ImmuCell Cyclically Adjusted PS Ratio Chart

ImmuCell 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 3.14 2.23 1.82 1.80 2.19

ImmuCell 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 2.42 2.19 2.19 2.20 3.46

ICCC vs COYA, ENTX, BDTX: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, ImmuCell'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.


ImmuCell Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


ICCC
54GF Score
ImmuCell Corp ICCC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ImmuCell 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.13/2.90
=3.49

* 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.

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

For example, ImmuCell'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)
=0.782/333.9520*333.9520
=0.782

Current CPI (Jun. 2026) = 333.9520.

ImmuCell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.457 241.428 0.632
201612 0.461 241.432 0.638
201703 0.717 243.801 0.982
201706 0.361 244.955 0.492
201709 0.402 246.819 0.544
201712 0.613 246.524 0.830
201803 0.526 249.554 0.704
201806 0.550 251.989 0.729
201809 0.393 252.439 0.520
201812 0.534 251.233 0.710
201903 0.778 254.202 1.022
201906 0.376 256.143 0.490
201909 0.412 256.759 0.536
201912 0.503 256.974 0.654
202003 0.681 258.115 0.881
202006 0.411 257.797 0.532
202009 0.516 260.280 0.662
202012 0.519 260.474 0.665
202103 0.569 264.877 0.717
202106 0.585 271.696 0.719
202109 0.659 274.310 0.802
202112 0.703 278.802 0.842
202203 0.770 287.504 0.894
202206 0.499 296.311 0.562
202209 0.619 296.808 0.696
202212 0.505 296.797 0.568
202303 0.445 301.836 0.492
202306 0.456 305.109 0.499
202309 0.697 307.789 0.756
202312 0.658 306.746 0.716
202403 0.936 312.332 1.001
202406 0.701 314.175 0.745
202409 0.736 315.301 0.780
202412 0.867 315.605 0.917
202503 0.898 319.799 0.938
202506 0.714 322.561 0.739
202509 0.609 324.800 0.626
202512 0.843 324.054 0.869
202603 1.145 330.213 1.158
202606 0.782 333.952 0.782

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 3.49 mean?
ImmuCell (ICCC) has a Cyclically Adjusted PS Ratio of 3.49 as of Aug. 20, 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 ImmuCell and its competitors. This is 31% above median its historical median of 2.66. Over the past decade, ImmuCell's Cyclically Adjusted PS Ratio has ranged from 1.23 to 5.08. According to the industry distribution chart, ImmuCell ranks #204 out of 532 companies in the Biotechnology industry, placing it in the top 38.3%.
Is ImmuCell's Cyclically Adjusted PS Ratio too high?
ImmuCell's current Cyclically Adjusted PS Ratio of 3.49 is 31% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 5.08. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.75. ImmuCell's value of 3.49 is 39.3% below this industry median. Based on the distribution chart, ImmuCell ranks #204 out of 532 companies in the Biotechnology industry, which is above the industry midpoint. Overall, ImmuCell has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ImmuCell's Cyclically Adjusted PS Ratio compare to COYA and ENTX?
According to the Biotechnology industry distribution chart, ImmuCell ranks #204 out of 532 companies for Cyclically Adjusted PS Ratio. This puts ImmuCell in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.75. ImmuCell's value of 3.49 is 39.3% below this benchmark. Historically, ImmuCell's own Cyclically Adjusted PS Ratio has ranged from 1.23 to 5.08 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 5.75, ImmuCell 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 5.75, based on 532 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. ImmuCell's current Cyclically Adjusted PS Ratio of 3.49 is 39.3% 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 ImmuCell and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ImmuCell's current Cyclically Adjusted PS Ratio is 3.49, which is 31% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ImmuCell stock overvalued right now?
Based on GuruFocus' analysis, ImmuCell (ICCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.91, compared to a current price of $10.13 — trading 46.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.49, which is 31% above median its 10-year median of 2.66 and 39.3% below the Biotechnology industry median of 5.75. ImmuCell's overall GF Score™ is 54/100 with 5 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 ImmuCell (ICCC), the current Cyclically Adjusted PS Ratio is 3.49 as of Aug. 20, 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 ImmuCell (ICCC) Overvalued in 2026?

Based on GuruFocus' analysis, ImmuCell stock appears to be overvalued. The current stock price of $10.13 is trading 46.6% above its estimated GF Value™ of $6.91. GuruFocus considers ImmuCell to be Significantly Overvalued.

Key valuation signals for ICCC:

  • Cyclically Adjusted PS Ratio: 3.49 (31% above median its 10-year median of 2.66)
  • GF Value™: $6.91 vs. price of $10.13 (46.6% above fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 39.3% below the Biotechnology median (#204 of 532)

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


ImmuCell Business Description

Other Exchanges IUL:Germany
Address 56 Evergreen Drive, Portland, ME, USA, 04103
ImmuCell Corp is an animal health biologics company focused on the development, manufacture, and commercialization of products intended to improve the survivability, health, and long-term performance of neonatal dairy and beef calves. Its product, First Defense, utilizes hyperimmunized bovine colostrum to provide pathogen-specific antibodies and other bioactive components. First Defense is designed to provide Immediate Immunity through orally delivered antibodies against the principal viral and bacterial causes of neonatal calf diarrhea (scours), including Escherichia coli (E.coli), bovine coronavirus, and bovine rotavirus. It has two operating segments: Scours and Mastitis. It derives the majority of the revenue from the Scours segment that consists of the First Defense product line.
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.

$10.13
Price
$6.91
GF Value