IOBCF (Ion Beam Applications) Cyclically Adjusted PS Ratio: 1.15 (As of Jun. 30, 2026) — 21% Below Median


IOBCF Ion Beam Applications SA IOBCF
82 GF Score
Price $19.00
GF Value $17.98
Valuation Fairly Valued
! 10 Warning Signs
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What is Ion Beam Applications Cyclically Adjusted PS Ratio?

Ion Beam Applications IOBCF +0.51% 82 Cyclically Adjusted PS Ratio is 1.15 as of Jun. 30, 2026, which is 21% below its 10-year median of 1.45. GuruFocus rates IOBCF with a GF Score™ of 82/100 and a GF Value™ of $17.98 (Fairly Valued). The stock has 10 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Ion Beam Applications ranks better than 67.56% on this metric.

As of today (2026-06-30), Ion Beam Applications's current share price is $19.00. Ion Beam Applications's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $16.54. Ion Beam Applications's Cyclically Adjusted PS Ratio for today is 1.15.

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

IOBCF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.45   Max: 5.5
Current: 1.2

During the past 13 years, Ion Beam Applications's highest Cyclically Adjusted PS Ratio was 5.50. The lowest was 0.74. And the median was 1.45.

IOBCF's Cyclically Adjusted PS Ratio is ranked better than
67.56% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs IOBCF: 1.20

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.

Ion Beam Applications's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $23.972. 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 $16.54 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ion Beam Applications  (OTCPK:IOBCF) 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.


Ion Beam Applications Cyclically Adjusted PS Ratio Related Terms


Ion Beam Applications Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ion Beam Applications'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.

Ion Beam Applications Cyclically Adjusted PS Ratio Chart

Ion Beam Applications 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 1.52 1.39 0.97 1.04 0.92

Ion Beam Applications Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.97 0.00 1.04 0.00 0.92

IOBCF vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Ion Beam Applications'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.


Ion Beam Applications Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


IOBCF
82GF Score
Ion Beam Applications SA IOBCF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Ion Beam Applications 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.

Ion Beam Applications's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.00/16.54
=1.15

* 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.

Ion Beam Applications's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Ion Beam Applications'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)
=23.972/135.0710*135.0710
=23.972

Current CPI (Dec25) = 135.0710.

Ion Beam Applications Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 11.760 102.614 15.480
201712 9.470 104.804 12.205
201812 9.922 107.252 12.496
201912 10.661 108.065 13.325
202012 12.773 108.511 15.899
202112 11.727 114.705 13.809
202212 12.683 126.578 13.534
202312 16.902 128.292 17.795
202412 17.692 132.346 18.056
202512 23.972 135.071 23.972

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 1.15 mean?
Ion Beam Applications (IOBCF) has a Cyclically Adjusted PS Ratio of 1.15 as of Jun. 30, 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 Ion Beam Applications and its competitors. This is 21% below median its historical median of 1.45. Over the past decade, Ion Beam Applications' Cyclically Adjusted PS Ratio has ranged from 0.74 to 5.50. According to the industry distribution chart, Ion Beam Applications ranks #170 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 32.4%.
Is Ion Beam Applications' Cyclically Adjusted PS Ratio too high?
Ion Beam Applications' current Cyclically Adjusted PS Ratio of 1.15 is 21% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 5.50. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.20. Ion Beam Applications' value of 1.15 is 47.7% below this industry median. Based on the distribution chart, Ion Beam Applications ranks #170 out of 524 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Ion Beam Applications has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ion Beam Applications' Cyclically Adjusted PS Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Ion Beam Applications ranks #170 out of 524 companies for Cyclically Adjusted PS Ratio. This puts Ion Beam Applications in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.20. Ion Beam Applications' value of 1.15 is 47.7% below this benchmark. Historically, Ion Beam Applications' own Cyclically Adjusted PS Ratio has ranged from 0.74 to 5.50 over the past decade. While the company's 10-year median is 1.45 vs. the industry median of 2.20, Ion Beam Applications 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 2.20, based on 524 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. Ion Beam Applications's current Cyclically Adjusted PS Ratio of 1.15 is 47.7% 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 Ion Beam Applications and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ion Beam Applications's current Cyclically Adjusted PS Ratio is 1.15, which is 21% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ion Beam Applications stock overvalued right now?
Based on GuruFocus' analysis, Ion Beam Applications (IOBCF) is currently considered Fairly Valued. The stock's GF Value™ is $17.98, compared to a current price of $19.00 — trading 5.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.15, which is 21% below median its 10-year median of 1.45 and 47.7% below the Medical Devices & Instruments industry median of 2.20. Ion Beam Applications' overall GF Score™ is 82/100 with 10 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 Ion Beam Applications (IOBCF), the current Cyclically Adjusted PS Ratio is 1.15 as of Jun. 30, 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 Ion Beam Applications (IOBCF) Overvalued in 2026?

Based on GuruFocus' analysis, Ion Beam Applications stock appears to be overvalued. The current stock price of $19.00 is trading 5.7% above its estimated GF Value™ of $17.98. GuruFocus considers Ion Beam Applications to be Fairly Valued.

Key valuation signals for IOBCF:

  • Cyclically Adjusted PS Ratio: 1.15 (21% below median its 10-year median of 1.45)
  • GF Value™: $17.98 vs. price of $19.00 (5.7% above fair value)
  • GF Score™: 82/100 with 10 warning signs
  • Industry Position: 47.7% below the Medical Devices & Instruments median (#170 of 524)

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


Ion Beam Applications Business Description

Address Chemin du Cyclotron, 3, Louvain-La-Neuve, BEL, B-1348
Ion Beam Applications SA develops and manufactures medical devices and software solutions. The firm operates in three segments: IBA Clinical, including Proton Therapy and Dosimetry; IBA Technologies; and IBA Corporate. Proton therapy and other accelerators contribute to the majority of sales. It offers solutions for precision cancer treatment through the use of proton beams, as well as cyclotrons used for the production of radioisotopes and industrial accelerators for sterilization and ionization. The dosimetry business sells measurement and quality assurance instruments for radiotherapy and medical imaging. The firm operates in three geographical areas: Belgium, the United States, China, Germany, and India.
82GF Score

Get the complete analysis for IOBCF

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

$19.00
Price
$17.98
GF Value