Vistagen Therapeutics (MEX:VTGN) Cyclically Adjusted PS Ratio: 0.48 (As of Jul. 15, 2026) — 78% Below Median

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MEX:VTGN Vistagen Therapeutics Inc MEX:VTGN
29 GF Score
Price MXN10.65
GF Value MXN98.45
! 3 Warning Signs
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What is Vistagen Therapeutics Cyclically Adjusted PS Ratio?

Vistagen Therapeutics MEX:VTGN 29 Cyclically Adjusted PS Ratio is 0.48 as of Jul. 15, 2026, which is 78% below its 10-year median of 2.14. GuruFocus rates MEX:VTGN with a GF Score™ of 29/100 and a GF Value™ of MXN98.45. The stock has 3 warning signs investors should review. Among 539 Biotechnology companies, Vistagen Therapeutics ranks better than 94.62% on this metric.

As of today (2026-07-15), Vistagen Therapeutics's current share price is MXN10.65. Vistagen Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN22.22. Vistagen Therapeutics's Cyclically Adjusted PS Ratio for today is 0.48.

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

MEX:VTGN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 2.14   Max: 10.27
Current: 0.2

During the past years, Vistagen Therapeutics's highest Cyclically Adjusted PS Ratio was 10.27. The lowest was 0.20. And the median was 2.14.

MEX:VTGN's Cyclically Adjusted PS Ratio is ranked better than
94.62% of 539 companies
in the Biotechnology industry
Industry Median: 5.82 vs MEX:VTGN: 0.20

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.

Vistagen Therapeutics's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN0.198. 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 MXN22.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vistagen Therapeutics  (MEX:VTGN) 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.


Vistagen Therapeutics Cyclically Adjusted PS Ratio Related Terms


Vistagen Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vistagen 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.

Vistagen Therapeutics Cyclically Adjusted PS Ratio Chart

Vistagen Therapeutics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 1.83 3.28 0.00 0.48

Vistagen Therapeutics 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 0.00 1.50 2.77 0.54 0.48

MEX:VTGN vs PSTV, KYNB, TVGN: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Vistagen 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.


Vistagen Therapeutics Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


MEX:VTGN
29GF Score
Vistagen Therapeutics Inc MEX:VTGN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vistagen 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.

Vistagen Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.65/22.22
=0.48

* 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.

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

For example, Vistagen Therapeutics'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)
=0.198/330.2130*330.2130
=0.198

Current CPI (Mar. 2026) = 330.2130.

Vistagen Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 92.369 241.432 126.336
201703 0.000 243.801 0.000
201706 0.000 244.955 0.000
201709 0.000 246.819 0.000
201712 0.000 246.524 0.000
201803 0.000 249.554 0.000
201806 0.000 251.989 0.000
201809 0.000 252.439 0.000
201812 0.000 251.233 0.000
201903 0.000 254.202 0.000
201906 0.000 256.143 0.000
201909 0.000 256.759 0.000
201912 0.000 256.974 0.000
202003 0.000 258.115 0.000
202006 0.000 257.797 0.000
202009 3.300 260.280 4.187
202012 2.311 260.474 2.930
202103 1.501 264.877 1.871
202106 1.113 271.696 1.353
202109 1.143 274.310 1.376
202112 1.089 278.802 1.290
202203 0.113 287.504 0.130
202206 0.906 296.311 1.010
202209 -2.606 296.808 -2.899
202212 0.509 296.797 0.566
202303 0.443 301.836 0.485
202306 0.414 305.109 0.448
202309 0.482 307.789 0.517
202312 0.237 306.746 0.255
202403 0.121 312.332 0.128
202406 0.050 314.175 0.053
202409 0.118 315.301 0.124
202412 0.159 315.605 0.166
202503 -0.010 319.799 -0.010
202506 0.144 322.561 0.147
202509 0.132 324.800 0.134
202512 0.129 324.054 0.131
202603 0.198 330.213 0.198

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 0.48 mean?
Vistagen Therapeutics (MEX:VTGN) has a Cyclically Adjusted PS Ratio of 0.48 as of Jul. 15, 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 Vistagen Therapeutics and its competitors. This is 78% below median its historical median of 2.14. Over the past decade, Vistagen Therapeutics' Cyclically Adjusted PS Ratio has ranged from 0.20 to 10.27. According to the industry distribution chart, Vistagen Therapeutics ranks #29 out of 539 companies in the Biotechnology industry, placing it in the top 5.4%.
Is Vistagen Therapeutics' Cyclically Adjusted PS Ratio too high?
Vistagen Therapeutics' current Cyclically Adjusted PS Ratio of 0.48 is 78% below median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 10.27. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.82. Vistagen Therapeutics' value of 0.48 is 91.8% below this industry median. Based on the distribution chart, Vistagen Therapeutics ranks #29 out of 539 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Vistagen Therapeutics has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Vistagen Therapeutics' Cyclically Adjusted PS Ratio compare to PSTV and KYNB?
According to the Biotechnology industry distribution chart, Vistagen Therapeutics ranks #29 out of 539 companies for Cyclically Adjusted PS Ratio. This places Vistagen Therapeutics in the top 5% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 5.82. Vistagen Therapeutics' value of 0.48 is 91.8% below this benchmark. Historically, Vistagen Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 0.20 to 10.27 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 5.82, Vistagen Therapeutics 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 5.82, based on 539 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. Vistagen Therapeutics's current Cyclically Adjusted PS Ratio of 0.48 is 91.8% 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 Vistagen Therapeutics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vistagen Therapeutics's current Cyclically Adjusted PS Ratio is 0.48, which is 78% below median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vistagen Therapeutics stock overvalued right now?
Vistagen Therapeutics (MEX:VTGN) has a current Cyclically Adjusted PS Ratio of 0.48. The stock's GF Value™ is MXN98.45, compared to a current price of MXN10.65 — trading 89.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.48, which is 78% below median its 10-year median of 2.14 and 91.8% below the Biotechnology industry median of 5.82. Vistagen Therapeutics' overall GF Score™ is 29/100 with 3 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 Vistagen Therapeutics (MEX:VTGN), the current Cyclically Adjusted PS Ratio is 0.48 as of Jul. 15, 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 Vistagen Therapeutics (MEX:VTGN) Overvalued in 2026?

Based on GuruFocus' analysis, Vistagen Therapeutics stock appears to be undervalued. The current stock price of MXN10.65 is trading 89.2% below its estimated GF Value™ of MXN98.45.

Key valuation signals for MEX:VTGN:

  • Cyclically Adjusted PS Ratio: 0.48 (78% below median its 10-year median of 2.14)
  • GF Value™: MXN98.45 vs. price of MXN10.65 (89.2% below fair value)
  • GF Score™: 29/100 with 3 warning signs
  • Industry Position: 91.8% below the Biotechnology median (#29 of 539)

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


Vistagen Therapeutics Business Description

Other Exchanges VTGN:USA
Address 343 Allerton Avenue, South San Francisco, CA, USA, 94080
Vistagen Therapeutics Inc is a late clinical-stage therapeutics company focused on developing and commercializing medicines for patients with social anxiety disorder, depression, menopausal hot flashes, psychomotor impairment due to mental fatigue, and cancer cachexia. The company is engaged in developing intranasal product candidates called pherines, which leverage the understanding of nose-to-brain neurocircuitry. Vistagen's pherine pipeline consists of various product candidates like: Fasedienol, Itruvone, PH15, Refisolone, and PH284, which are being developed to provide treatment for a variety of disorders. Additionally, it is seeking potential partners for the further clinical development and commercialization of an oral drug candidate, AV-101, to treat certain neurological disorders.
29GF Score

Get the complete analysis for MEX:VTGN

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

MXN10.65
Price
MXN98.45
GF Value