INRLF (Valneva SE) Cyclically Adjusted PS Ratio: 1.28 (As of Jul. 19, 2026) — 60% Below Median

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INRLF Valneva SE INRLF
56 GF Score
Price $2.62
GF Value $2.68
Valuation Fairly Valued
! 6 Warning Signs
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What is Valneva SE Cyclically Adjusted PS Ratio?

Valneva SE INRLF 56 Cyclically Adjusted PS Ratio is 1.28 as of Jul. 19, 2026, which is 60% below its 10-year median of 3.18. GuruFocus rates INRLF with a GF Score™ of 56/100 and a GF Value™ of $2.68 (Fairly Valued). The stock has 6 warning signs investors should review. Among 538 Biotechnology companies, Valneva SE ranks better than 83.27% on this metric.

As of today (2026-07-19), Valneva SE's current share price is $2.62. Valneva SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $2.04. Valneva SE's Cyclically Adjusted PS Ratio for today is 1.28.

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

INRLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 3.18   Max: 23.42
Current: 1.17

During the past years, Valneva SE's highest Cyclically Adjusted PS Ratio was 23.42. The lowest was 1.00. And the median was 3.18.

INRLF's Cyclically Adjusted PS Ratio is ranked better than
83.27% of 538 companies
in the Biotechnology industry
Industry Median: 5.69 vs INRLF: 1.17

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.

Valneva SE's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.201. 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 $2.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valneva SE  (OTCPK:INRLF) 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.


Valneva SE Cyclically Adjusted PS Ratio Related Terms


Valneva SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Valneva SE'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.

Valneva SE Cyclically Adjusted PS Ratio Chart

Valneva SE 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 17.61 3.65 2.63 1.17 2.02

Valneva SE 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 1.66 1.26 2.68 2.02 1.53

INRLF vs VRTX, REGN, ALNY: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Valneva SE'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.


Valneva SE Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


INRLF
56GF Score
Valneva SE INRLF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Valneva SE 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.

Valneva SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.62/2.04
=1.28

* 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.

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

For example, Valneva SE'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)
=0.201/122.4200*122.4200
=0.201

Current CPI (Mar. 2026) = 122.4200.

Valneva SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.389 100.630 0.473
201609 0.265 100.340 0.323
201612 0.372 100.650 0.452
201703 0.367 101.170 0.444
201706 0.317 101.320 0.383
201709 0.311 101.330 0.376
201712 0.453 101.850 0.544
201803 0.543 102.750 0.647
201806 0.380 103.370 0.450
201809 0.295 103.560 0.349
201812 0.479 103.470 0.567
201903 0.406 103.890 0.478
201906 0.352 104.580 0.412
201909 0.355 104.500 0.416
201912 0.403 104.980 0.470
202003 0.423 104.590 0.495
202006 0.157 104.790 0.183
202009 0.147 104.550 0.172
202012 0.681 104.960 0.794
202103 0.299 105.750 0.346
202106 0.300 106.340 0.345
202109 0.253 106.810 0.290
202112 3.257 107.850 3.697
202203 0.222 110.490 0.246
202206 0.695 112.550 0.756
202209 1.464 112.740 1.590
202212 0.850 114.160 0.912
202303 0.257 116.790 0.269
202306 0.309 117.650 0.322
202309 0.300 118.260 0.311
202312 0.329 118.390 0.340
202403 0.248 119.470 0.254
202406 0.294 120.200 0.299
202409 0.331 119.560 0.339
202412 0.325 119.950 0.332
202503 0.346 120.380 0.352
202506 0.335 121.360 0.338
202509 0.191 120.950 0.193
202512 0.326 120.900 0.330
202603 0.201 122.420 0.201

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 1.28 mean?
Valneva SE (INRLF) has a Cyclically Adjusted PS Ratio of 1.28 as of Jul. 19, 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 Valneva SE and its competitors. This is 60% below median its historical median of 3.18. Over the past decade, Valneva SE's Cyclically Adjusted PS Ratio has ranged from 1.00 to 23.42. According to the industry distribution chart, Valneva SE ranks #90 out of 538 companies in the Biotechnology industry, placing it in the top 16.7%.
Is Valneva SE's Cyclically Adjusted PS Ratio too high?
Valneva SE's current Cyclically Adjusted PS Ratio of 1.28 is 60% below median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 23.42. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.69. Valneva SE's value of 1.28 is 77.5% below this industry median. Based on the distribution chart, Valneva SE ranks #90 out of 538 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Valneva SE has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Valneva SE's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Valneva SE ranks #90 out of 538 companies for Cyclically Adjusted PS Ratio. This places Valneva SE in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.69. Valneva SE's value of 1.28 is 77.5% below this benchmark. Historically, Valneva SE's own Cyclically Adjusted PS Ratio has ranged from 1.00 to 23.42 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 5.69, Valneva SE 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 5.69, based on 538 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. Valneva SE's current Cyclically Adjusted PS Ratio of 1.28 is 77.5% 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 Valneva SE and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valneva SE's current Cyclically Adjusted PS Ratio is 1.28, which is 60% below median its own 10-year median of 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valneva SE stock overvalued right now?
Based on GuruFocus' analysis, Valneva SE (INRLF) is currently considered Fairly Valued. The stock's GF Value™ is $2.68, compared to a current price of $2.62 — trading 2.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.28, which is 60% below median its 10-year median of 3.18 and 77.5% below the Biotechnology industry median of 5.69. Valneva SE's overall GF Score™ is 56/100 with 6 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 Valneva SE (INRLF), the current Cyclically Adjusted PS Ratio is 1.28 as of Jul. 19, 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 Valneva SE (INRLF) Overvalued in 2026?

Based on GuruFocus' analysis, Valneva SE stock appears to be undervalued. The current stock price of $2.62 is trading 2.2% below its estimated GF Value™ of $2.68. GuruFocus considers Valneva SE to be Fairly Valued.

Key valuation signals for INRLF:

  • Cyclically Adjusted PS Ratio: 1.28 (60% below median its 10-year median of 3.18)
  • GF Value™: $2.68 vs. price of $2.62 (2.2% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 77.5% below the Biotechnology median (#90 of 538)

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


Valneva SE Business Description

Address 12 ter Quai Perrache, Bureaux Convergence, Bat. A, Ilot Saint-Joseph, Lyon, FRA, 69002
Valneva SE is a vaccine company focused on developing life-saving vaccines. Its portfolio includes three vaccines for travelers. The segments of the group are Commercialized vaccines which relate to marketed vaccines, the group's vaccines IXIARO/JESPECT, DUKORAL, IXCHIQ; Covid includes development, manufacturing, & distribution related to the COVID-19 vaccine, Vaccine candidates which relate to research and development programs to generate new approvable products to generate future cash flows from product sales through partnering with pharmaceutical companies; & Technologies and services which relate to services and inventions at a commercialization stage. The company generates majority of its revenue from product 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.

$2.62
Price
$2.68
GF Value