Halozyme Therapeutics (LTS:0J2O) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0J2O Halozyme Therapeutics Inc LTS:0J2O
92 GF Score
Price $101.94
GF Value $95.89
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Halozyme Therapeutics Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Halozyme Therapeutics  (LTS:0J2O) 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.


Halozyme Therapeutics Cyclically Adjusted PS Ratio Related Terms


Halozyme Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Halozyme Therapeutics'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.

Halozyme Therapeutics Cyclically Adjusted PS Ratio Chart

Halozyme Therapeutics 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 27.68 28.87 14.24 14.16 15.10

Halozyme Therapeutics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 13.48 17.66 15.10 13.46 0.00

LTS:0J2O vs NUVL, KRYS, IONS: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Halozyme Therapeutics'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.


Halozyme Therapeutics Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


LTS:0J2O
92GF Score
Halozyme Therapeutics Inc LTS:0J2O
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Halozyme Therapeutics 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.

Halozyme Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Halozyme Therapeutics's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.968/333.9520*333.9520
=3.968

Current CPI (Jun. 2026) = 333.9520.

Halozyme Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.249 241.428 0.344
201612 0.304 241.432 0.420
201703 0.230 243.801 0.315
201706 0.252 244.955 0.344
201709 0.445 246.819 0.602
201712 1.244 246.524 1.685
201803 0.216 249.554 0.289
201806 0.245 251.989 0.325
201809 0.178 252.439 0.235
201812 0.418 251.233 0.556
201903 0.386 254.202 0.507
201906 0.269 256.143 0.351
201909 0.316 256.759 0.411
201912 0.381 256.974 0.495
202003 0.185 258.115 0.239
202006 0.400 257.797 0.518
202009 0.460 260.280 0.590
202012 0.834 260.474 1.069
202103 0.599 264.877 0.755
202106 0.924 271.696 1.136
202109 0.790 274.310 0.962
202112 0.707 278.802 0.847
202203 0.830 287.504 0.964
202206 1.071 296.311 1.207
202209 1.499 296.808 1.687
202212 1.302 296.797 1.465
202303 1.176 301.836 1.301
202306 1.655 305.109 1.811
202309 1.611 307.789 1.748
202312 1.755 306.746 1.911
202403 1.520 312.332 1.625
202406 1.790 314.175 1.903
202409 2.229 315.301 2.361
202412 2.308 315.605 2.442
202503 2.091 319.799 2.184
202506 2.623 322.561 2.716
202509 2.896 324.800 2.978
202512 3.695 324.054 3.808
202603 3.066 330.213 3.101
202606 3.968 333.952 3.968

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.

Is Halozyme Therapeutics (LTS:0J2O) Overvalued in 2026?

Based on GuruFocus' analysis, Halozyme Therapeutics stock appears to be overvalued. The current stock price of $101.94 is trading 6.3% above its estimated GF Value™ of $95.89. GuruFocus considers Halozyme Therapeutics to be Fairly Valued.

Key valuation signals for LTS:0J2O:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $95.89 vs. price of $101.94 (6.3% above fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the LTS:0J2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Halozyme Therapeutics Business Description

Address 12390 El Camino Real, San Diego, CA, USA, 92130
Halozyme Therapeutics Inc is a biotechnology company focused on developing and commercializing novel oncology therapies. The company seeks to create therapies focused on human enzymes that alter tumors. Halozyme focuses on developing its proprietary products in therapeutic areas with a focus on oncology, and licensing its technology to biopharmaceutical companies to collaboratively develop products. ENHANZE drug delivery technology was introduced with the proprietary enzyme rHuPH20, to facilitate the subcutaneous delivery of injected drugs and fluids, with the goal of improving the patient experience with rapid SC delivery and reduced treatment burden. The company's operations are based in the United States, with minimal long-lived assets located internationally.
92GF Score

Get the complete analysis for LTS:0J2O

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

$101.94
Price
$95.89
GF Value