ICCM (Icecure Medical) Cyclically Adjusted PS Ratio: 0.95 (As of Jul. 12, 2026) — 81% Below Median


ICCM Icecure Medical Ltd ICCM
46 GF Score
Price $3.67
GF Value $21.24
Valuation Possible Value Trap
! 4 Warning Signs
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What is Icecure Medical Cyclically Adjusted PS Ratio?

Icecure Medical ICCM -5.19% 46 Cyclically Adjusted PS Ratio is 0.95 as of Jul. 12, 2026, which is 81% below its 10-year median of 5.06. GuruFocus rates ICCM with a GF Score™ of 46/100 and a GF Value™ of $21.24 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 523 Medical Devices & Instruments companies, Icecure Medical ranks better than 72.47% on this metric.

As of today (2026-07-12), Icecure Medical's current share price is $3.667. Icecure Medical's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $3.86. Icecure Medical's Cyclically Adjusted PS Ratio for today is 0.95.

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

ICCM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 5.06   Max: 9.5
Current: 0.95

During the past 13 years, Icecure Medical's highest Cyclically Adjusted PS Ratio was 9.50. The lowest was 0.95. And the median was 5.06.

ICCM's Cyclically Adjusted PS Ratio is ranked better than
72.47% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.28 vs ICCM: 0.95

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.

Icecure Medical's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $1.595. 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 $3.86 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Icecure Medical  (NAS:ICCM) 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.


Icecure Medical Cyclically Adjusted PS Ratio Related Terms


Icecure Medical Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Icecure Medical'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.

Icecure Medical Cyclically Adjusted PS Ratio Chart

Icecure Medical 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 5.12 4.38 7.35 4.74

Icecure Medical 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 0.00 0.00 0.00 4.74 0.00

ICCM vs LFWD, IRIX, GTHP: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Icecure Medical'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.


Icecure Medical Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Icecure Medical's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


ICCM
46GF Score
Icecure Medical Ltd ICCM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Icecure Medical 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.

Icecure Medical's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.667/3.86
=0.95

* 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.

Icecure Medical's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Icecure Medical's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.595/324.0540*324.0540
=1.595

Current CPI (Dec25) = 324.0540.

Icecure Medical Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 3.472 241.432 4.660
201712 3.235 246.524 4.252
201812 2.700 251.233 3.483
201912 3.581 256.974 4.516
202012 6.646 260.474 8.268
202112 4.266 278.802 4.958
202212 2.452 296.797 2.677
202312 2.123 306.746 2.243
202412 1.940 315.605 1.992
202512 1.595 324.054 1.595

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 0.95 mean?
Icecure Medical (ICCM) has a Cyclically Adjusted PS Ratio of 0.95 as of Jul. 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 Icecure Medical and its competitors. This is 81% below median its historical median of 5.06. Over the past decade, Icecure Medical's Cyclically Adjusted PS Ratio has ranged from 0.95 to 9.50. According to the industry distribution chart, Icecure Medical ranks #144 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 27.5%.
Is Icecure Medical's Cyclically Adjusted PS Ratio too high?
Icecure Medical's current Cyclically Adjusted PS Ratio of 0.95 is 81% below median its 10-year median of 5.06. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 9.50. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.28. Icecure Medical's value of 0.95 is 58.3% below this industry median. Based on the distribution chart, Icecure Medical ranks #144 out of 523 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Icecure Medical has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icecure Medical's Cyclically Adjusted PS Ratio compare to LFWD and IRIX?
According to the Medical Devices & Instruments industry distribution chart, Icecure Medical ranks #144 out of 523 companies for Cyclically Adjusted PS Ratio. This puts Icecure Medical in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.28. Icecure Medical's value of 0.95 is 58.3% below this benchmark. Historically, Icecure Medical's own Cyclically Adjusted PS Ratio has ranged from 0.95 to 9.50 over the past decade. While the company's 10-year median is 5.06 vs. the industry median of 2.28, Icecure Medical 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.28, based on 523 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. Icecure Medical's current Cyclically Adjusted PS Ratio of 0.95 is 58.3% 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 Icecure Medical and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icecure Medical's current Cyclically Adjusted PS Ratio is 0.95, which is 81% below median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icecure Medical stock overvalued right now?
Based on GuruFocus' analysis, Icecure Medical (ICCM) is currently considered Possible Value Trap. The stock's GF Value™ is $21.24, compared to a current price of $3.67 — trading 82.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 81% below median its 10-year median of 5.06 and 58.3% below the Medical Devices & Instruments industry median of 2.28. Icecure Medical's overall GF Score™ is 46/100 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 Icecure Medical (ICCM), the current Cyclically Adjusted PS Ratio is 0.95 as of Jul. 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.

Is Icecure Medical (ICCM) Overvalued in 2026?

Based on GuruFocus' analysis, Icecure Medical stock appears to be undervalued. The current stock price of $3.67 is trading 82.7% below its estimated GF Value™ of $21.24. GuruFocus considers Icecure Medical to be Possible Value Trap.

Key valuation signals for ICCM:

  • Cyclically Adjusted PS Ratio: 0.95 (81% below median its 10-year median of 5.06)
  • GF Value™: $21.24 vs. price of $3.67 (82.7% below fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 58.3% below the Medical Devices & Instruments median (#144 of 523)

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


Icecure Medical Business Description

Address 7 Haeshel Street, PO Box 3163, Caesarea, ISR, 3079504
Icecure Medical Ltd is a commercial-stage medical device company. The company is engaged in the research, development, and marketing of cryoablation systems and technologies based on liquid nitrogen, or LN2, for treating tumors. Its cryoablation technology is a minimally invasive alternative to surgical intervention for tumors, including those found in the breast, lungs, kidneys, bones, and other indications.
46GF Score

Get the complete analysis for ICCM

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

$3.67
Price
$21.24
GF Value