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International Biotechnology TrustLSE:IBT +0.46%36 Cyclically Adjusted PS Ratio is 21.70 as of Jul. 26, 2026, which is 118% above its 10-year median of 9.96. GuruFocus rates LSE:IBT with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 538 Biotechnology companies, International Biotechnology Trust ranks worse than 83.46% on this metric.
The historical rank and industry rank for International Biotechnology Trust's Cyclically Adjusted PS Ratio or its related term are showing as below:
LSE:IBT'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.04 Med: 9.96 Max: 22.6
Current: 21.54
During the past 13 years, International Biotechnology Trust's highest Cyclically Adjusted PS Ratio was 22.60. The lowest was 7.04. And the median was 9.96.
LSE:IBT's Cyclically Adjusted PS Ratio is ranked worse than 83.46% of 538
companies
in the Biotechnology industry
Industry Median: 5.585
vs LSE:IBT: 21.54
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.
International Biotechnology Trust's adjusted revenue per share data of for the fiscal year that ended in Aug25 was £-0.005. 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 £0.50 for the trailing ten years ended in Aug25.
Shiller PE for Stocks: The True Measure of Stock Valuation
International Biotechnology Trust (LSE:IBT) 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.
International Biotechnology Trust Cyclically Adjusted PS Ratio Related Terms
International Biotechnology Trust Cyclically Adjusted PS Ratio Historical Data
* 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.
International Biotechnology Trust Cyclically Adjusted PS Ratio Chart
LSE:IBT vs VRTX, REGN, RVMD: Cyclically Adjusted PS Ratio Comparison
For the Biotechnology subindustry, International Biotechnology Trust'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.
International Biotechnology Trust Cyclically Adjusted PS Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, International Biotechnology Trust's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where International Biotechnology Trust's Cyclically Adjusted PS Ratio falls into.
International Biotechnology Trust 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.
* 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.
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 21.70 mean?
International Biotechnology Trust (LSE:IBT) has a Cyclically Adjusted PS Ratio of 21.70 as of Jul. 26, 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 International Biotechnology Trust and its competitors. This is 118% above median its historical median of 9.96. Over the past decade, International Biotechnology Trust's Cyclically Adjusted PS Ratio has ranged from 7.04 to 22.60. According to the industry distribution chart, International Biotechnology Trust ranks #449 out of 538 companies in the Biotechnology industry, placing it in the top 83.5%.
Is International Biotechnology Trust's Cyclically Adjusted PS Ratio too high?
International Biotechnology Trust's current Cyclically Adjusted PS Ratio of 21.70 is 118% above median its 10-year median of 9.96. Over the past 10 years, this metric has ranged from a low of 7.04 to a high of 22.60. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.59. International Biotechnology Trust's value of 21.70 is 288.5% above this industry median. Based on the distribution chart, International Biotechnology Trust ranks #449 out of 538 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, International Biotechnology Trust has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does International Biotechnology Trust's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, International Biotechnology Trust ranks #449 out of 538 companies for Cyclically Adjusted PS Ratio. This places International Biotechnology Trust in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.59. International Biotechnology Trust's value of 21.70 is 288.5% above this benchmark. Historically, International Biotechnology Trust's own Cyclically Adjusted PS Ratio has ranged from 7.04 to 22.60 over the past decade. While the company's 10-year median is 9.96 vs. the industry median of 5.59, International Biotechnology Trust 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 5.59, 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. International Biotechnology Trust's current Cyclically Adjusted PS Ratio of 21.70 is 288.5% 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 International Biotechnology Trust and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Biotechnology Trust's current Cyclically Adjusted PS Ratio is 21.70, which is 118% above median its own 10-year median of 9.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Biotechnology Trust stock overvalued right now?
International Biotechnology Trust (LSE:IBT) has a current Cyclically Adjusted PS Ratio of 21.70. The current Cyclically Adjusted PS Ratio is 21.70, which is 118% above median its 10-year median of 9.96 and 288.5% above the Biotechnology industry median of 5.59. International Biotechnology Trust's overall GF Score™ is 36/100 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 International Biotechnology Trust (LSE:IBT), the current Cyclically Adjusted PS Ratio is 21.70 as of Jul. 26, 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.
International Biotechnology Trust Business Description
International Biotechnology Trust PLC is an investment trust company. It aims at achieving long-term capital growth by investing in biotechnology and other life sciences companies. It seeks to achieve its objective by investing in a diversified portfolio of companies which has good growth prospects. It focuses on investments in biotechnology companies which are engaged in on drug discovery and development, medical devices companies and healthcare services provider. The invests in various financial instruments such as equities, index-linked securities, debt securities, cash deposits, money market instruments ,and foreign currency exchange transactions. Its revenue comprises of dividend, interest and other income from investment made.
36GF Score
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