PhotoCure ASA (LTS:0IMT) Cyclically Adjusted PS Ratio: 3.67 (As of Jul. 23, 2026) — 36% Below Median

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LTS:0IMT PhotoCure ASA LTS:0IMT
70 GF Score
Price kr55.80
GF Value kr69.77
Valuation Modestly Undervalued
! 1 Warning Sign
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What is PhotoCure ASA Cyclically Adjusted PS Ratio?

PhotoCure ASA LTS:0IMT -0.18% 70 Cyclically Adjusted PS Ratio is 3.67 as of Jul. 23, 2026, which is 36% below its 10-year median of 5.70. GuruFocus rates LTS:0IMT with a GF Score™ of 70/100 and a GF Value™ of kr69.77 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 751 Drug Manufacturers companies, PhotoCure ASA ranks worse than 68.84% on this metric.

As of today (2026-07-23), PhotoCure ASA's current share price is kr55.80. PhotoCure ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr15.21. PhotoCure ASA's Cyclically Adjusted PS Ratio for today is 3.67.

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

LTS:0IMT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.43   Med: 5.7   Max: 17.97
Current: 3.56

During the past years, PhotoCure ASA's highest Cyclically Adjusted PS Ratio was 17.97. The lowest was 3.43. And the median was 5.70.

LTS:0IMT's Cyclically Adjusted PS Ratio is ranked worse than
68.84% of 751 companies
in the Drug Manufacturers industry
Industry Median: 1.99 vs LTS:0IMT: 3.56

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.

PhotoCure ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was kr9.884. 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 kr15.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PhotoCure ASA  (LTS:0IMT) 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.


PhotoCure ASA Cyclically Adjusted PS Ratio Related Terms


PhotoCure ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PhotoCure ASA'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.

PhotoCure ASA Cyclically Adjusted PS Ratio Chart

PhotoCure ASA 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 11.31 10.40 5.59 4.55 4.70

PhotoCure ASA 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 4.00 3.74 3.97 4.70 3.66

LTS:0IMT vs ZTS, UTHR, VTRS: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, PhotoCure ASA'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.


PhotoCure ASA Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, PhotoCure ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0IMT
70GF Score
PhotoCure ASA LTS:0IMT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PhotoCure ASA 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.

PhotoCure ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.80/15.21
=3.67

* 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.

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

For example, PhotoCure ASA'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)
=9.884/141.0300*141.0300
=9.884

Current CPI (Mar. 2026) = 141.0300.

PhotoCure ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.645 103.800 2.235
201609 1.635 104.200 2.213
201612 1.741 104.400 2.352
201703 1.687 105.000 2.266
201706 1.843 105.800 2.457
201709 1.664 105.900 2.216
201712 1.811 106.100 2.407
201803 1.921 107.300 2.525
201806 2.127 108.500 2.765
201809 2.047 109.500 2.636
201812 2.268 109.800 2.913
201903 2.445 110.400 3.123
201906 2.466 110.600 3.144
201909 2.854 111.100 3.623
201912 5.307 111.300 6.725
202003 2.515 111.200 3.190
202006 2.273 112.100 2.860
202009 1.856 112.900 2.318
202012 3.666 112.900 4.579
202103 3.314 114.600 4.078
202106 3.408 115.300 4.169
202109 3.232 117.500 3.879
202112 3.628 118.900 4.303
202203 3.044 119.800 3.583
202206 3.705 122.600 4.262
202209 3.978 125.600 4.467
202212 3.838 125.900 4.299
202303 3.908 127.600 4.319
202306 5.356 130.400 5.793
202309 4.043 129.800 4.393
202312 4.974 131.900 5.318
202403 4.355 132.600 4.632
202406 5.308 133.800 5.595
202409 4.509 133.700 4.756
202412 6.894 134.800 7.213
202503 4.672 136.100 4.841
202506 5.019 137.800 5.137
202509 5.083 138.500 5.176
202512 5.155 139.100 5.227
202603 9.884 141.030 9.884

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 3.67 mean?
PhotoCure ASA (LTS:0IMT) has a Cyclically Adjusted PS Ratio of 3.67 as of Jul. 23, 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 PhotoCure ASA and its competitors. This is 36% below median its historical median of 5.70. Over the past decade, PhotoCure ASA's Cyclically Adjusted PS Ratio has ranged from 3.43 to 17.97. According to the industry distribution chart, PhotoCure ASA ranks #517 out of 751 companies in the Drug Manufacturers industry, placing it in the top 68.8%.
Is PhotoCure ASA's Cyclically Adjusted PS Ratio too high?
PhotoCure ASA's current Cyclically Adjusted PS Ratio of 3.67 is 36% below median its 10-year median of 5.70. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 17.97. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 1.99. PhotoCure ASA's value of 3.67 is 84.4% above this industry median. Based on the distribution chart, PhotoCure ASA ranks #517 out of 751 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, PhotoCure ASA has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PhotoCure ASA's Cyclically Adjusted PS Ratio compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, PhotoCure ASA ranks #517 out of 751 companies for Cyclically Adjusted PS Ratio. This places PhotoCure ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.99. PhotoCure ASA's value of 3.67 is 84.4% above this benchmark. Historically, PhotoCure ASA's own Cyclically Adjusted PS Ratio has ranged from 3.43 to 17.97 over the past decade. While the company's 10-year median is 5.70 vs. the industry median of 1.99, PhotoCure ASA 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 1.99, based on 751 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. PhotoCure ASA's current Cyclically Adjusted PS Ratio of 3.67 is 84.4% 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 PhotoCure ASA and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhotoCure ASA's current Cyclically Adjusted PS Ratio is 3.67, which is 36% below median its own 10-year median of 5.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhotoCure ASA stock overvalued right now?
Based on GuruFocus' analysis, PhotoCure ASA (LTS:0IMT) is currently considered Modestly Undervalued. The stock's GF Value™ is kr69.77, compared to a current price of kr55.80 — trading 20% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.67, which is 36% below median its 10-year median of 5.70 and 84.4% above the Drug Manufacturers industry median of 1.99. PhotoCure ASA's overall GF Score™ is 70/100 with 1 warning sign 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 PhotoCure ASA (LTS:0IMT), the current Cyclically Adjusted PS Ratio is 3.67 as of Jul. 23, 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 PhotoCure ASA (LTS:0IMT) Overvalued in 2026?

Based on GuruFocus' analysis, PhotoCure ASA stock appears to be undervalued. The current stock price of kr55.80 is trading 20% below its estimated GF Value™ of kr69.77. GuruFocus considers PhotoCure ASA to be Modestly Undervalued.

Key valuation signals for LTS:0IMT:

  • Cyclically Adjusted PS Ratio: 3.67 (36% below median its 10-year median of 5.70)
  • GF Value™: kr69.77 vs. price of kr55.80 (20% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 84.4% above the Drug Manufacturers median (#517 of 751)

No single metric tells the full story. See the LTS:0IMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PhotoCure ASA Business Description

Address Hoffsveien 4, Oslo, NOR, 0275
PhotoCure ASA is a Norway-based business group associated with the research, development, production, distribution, marketing, and sales of pharmaceutical products and specialty pharmaceutical companies. The technology platform of the company is focused on the field of photodynamic diagnosis and treatment of cancer. The company has two operating segments of the group the Commercial franchise and the Development portfolio. It generates prime revenue from the Commercial franchise segment, which includes Hexvix and Cysview products. Its geographical segments are Nordic countries, Germany, France, Austria, the United Kingdom, BeNeLux, Italy, Other European countries, Canada, and the United States.
70GF Score

Get the complete analysis for LTS:0IMT

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

kr55.80
Price
kr69.77
GF Value