Cytokinetics (MIL:1CYTK) Cyclically Adjusted PS Ratio: 76.91 (As of Aug. 16, 2026) — 179% Above Median

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MIL:1CYTK Cytokinetics Inc MIL:1CYTK
33 GF Score
Price €66.14
GF Value €171.16
Valuation Possible Value Trap
! 7 Warning Signs
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What is Cytokinetics Cyclically Adjusted PS Ratio?

Cytokinetics MIL:1CYTK 33 Cyclically Adjusted PS Ratio is 76.91 as of Aug. 16, 2026, which is 179% above its 10-year median of 27.59. GuruFocus rates MIL:1CYTK with a GF Score™ of 33/100 and a GF Value™ of €171.16 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 535 Biotechnology companies, Cytokinetics ranks worse than 94.02% on this metric.

As of today (2026-08-16), Cytokinetics's current share price is €66.14. Cytokinetics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €0.86. Cytokinetics's Cyclically Adjusted PS Ratio for today is 76.91.

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

MIL:1CYTK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.22   Med: 27.59   Max: 89.16
Current: 76.58

During the past years, Cytokinetics's highest Cyclically Adjusted PS Ratio was 89.16. The lowest was 3.22. And the median was 27.59.

MIL:1CYTK's Cyclically Adjusted PS Ratio is ranked worse than
94.02% of 535 companies
in the Biotechnology industry
Industry Median: 5.77 vs MIL:1CYTK: 76.58

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.

Cytokinetics's adjusted revenue per share data for the three months ended in Jun. 2026 was €0.188. 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 €0.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cytokinetics  (MIL:1CYTK) 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.


Cytokinetics Cyclically Adjusted PS Ratio Related Terms


Cytokinetics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cytokinetics'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.

Cytokinetics Cyclically Adjusted PS Ratio Chart

Cytokinetics 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 43.16 38.90 76.95 49.32 66.79

Cytokinetics 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 33.24 56.44 66.79 69.00 88.05

MIL:1CYTK vs SMMT, TECH, BMRN: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Cytokinetics'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.


Cytokinetics Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


MIL:1CYTK
33GF Score
Cytokinetics Inc MIL:1CYTK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cytokinetics 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.

Cytokinetics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.14/0.86
=76.91

* 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.

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

For example, Cytokinetics'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)
=0.188/333.9520*333.9520
=0.188

Current CPI (Jun. 2026) = 333.9520.

Cytokinetics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.217 241.428 1.683
201612 0.722 241.432 0.999
201703 0.093 243.801 0.127
201706 0.056 244.955 0.076
201709 0.097 246.819 0.131
201712 0.000 246.524 0.000
201803 0.079 249.554 0.106
201806 0.098 251.989 0.130
201809 0.167 252.439 0.221
201812 0.151 251.233 0.201
201903 0.137 254.202 0.180
201906 0.110 256.143 0.143
201909 0.094 256.759 0.122
201912 0.079 256.974 0.103
202003 0.058 258.115 0.075
202006 0.054 257.797 0.070
202009 0.518 260.280 0.665
202012 0.078 260.474 0.100
202103 0.077 264.877 0.097
202106 0.033 271.696 0.041
202109 0.058 274.310 0.071
202112 0.585 278.802 0.701
202203 0.012 287.504 0.014
202206 0.982 296.311 1.107
202209 0.027 296.808 0.030
202212 0.020 296.797 0.023
202303 0.045 301.836 0.050
202306 0.008 305.109 0.009
202309 0.004 307.789 0.004
202312 0.015 306.746 0.016
202403 0.008 312.332 0.009
202406 0.002 314.175 0.002
202409 0.004 315.301 0.004
202412 0.137 315.605 0.145
202503 0.012 319.799 0.013
202506 0.485 322.561 0.502
202509 0.014 324.800 0.014
202512 0.124 324.054 0.128
202603 0.136 330.213 0.138
202606 0.188 333.952 0.188

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 76.91 mean?
Cytokinetics (MIL:1CYTK) has a Cyclically Adjusted PS Ratio of 76.91 as of Aug. 16, 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 Cytokinetics and its competitors. This is 179% above median its historical median of 27.59. Over the past decade, Cytokinetics' Cyclically Adjusted PS Ratio has ranged from 3.22 to 89.16. According to the industry distribution chart, Cytokinetics ranks #503 out of 535 companies in the Biotechnology industry, placing it in the top 94%.
Is Cytokinetics' Cyclically Adjusted PS Ratio too high?
Cytokinetics' current Cyclically Adjusted PS Ratio of 76.91 is 179% above median its 10-year median of 27.59. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 89.16. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.77. Cytokinetics' value of 76.91 is 1232.9% above this industry median. Based on the distribution chart, Cytokinetics ranks #503 out of 535 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Cytokinetics has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cytokinetics' Cyclically Adjusted PS Ratio compare to SMMT and TECH?
According to the Biotechnology industry distribution chart, Cytokinetics ranks #503 out of 535 companies for Cyclically Adjusted PS Ratio. This places Cytokinetics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.77. Cytokinetics' value of 76.91 is 1232.9% above this benchmark. Historically, Cytokinetics' own Cyclically Adjusted PS Ratio has ranged from 3.22 to 89.16 over the past decade. While the company's 10-year median is 27.59 vs. the industry median of 5.77, Cytokinetics 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 5.77, based on 535 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. Cytokinetics's current Cyclically Adjusted PS Ratio of 76.91 is 1232.9% 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 Cytokinetics and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cytokinetics's current Cyclically Adjusted PS Ratio is 76.91, which is 179% above median its own 10-year median of 27.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cytokinetics stock overvalued right now?
Based on GuruFocus' analysis, Cytokinetics (MIL:1CYTK) is currently considered Possible Value Trap. The stock's GF Value™ is €171.16, compared to a current price of €66.14 — trading 61.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 76.91, which is 179% above median its 10-year median of 27.59 and 1232.9% above the Biotechnology industry median of 5.77. Cytokinetics' overall GF Score™ is 33/100 with 7 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 Cytokinetics (MIL:1CYTK), the current Cyclically Adjusted PS Ratio is 76.91 as of Aug. 16, 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 Cytokinetics (MIL:1CYTK) Overvalued in 2026?

Based on GuruFocus' analysis, Cytokinetics stock appears to be undervalued. The current stock price of €66.14 is trading 61.4% below its estimated GF Value™ of €171.16. GuruFocus considers Cytokinetics to be Possible Value Trap.

Key valuation signals for MIL:1CYTK:

  • Cyclically Adjusted PS Ratio: 76.91 (179% above median its 10-year median of 27.59)
  • GF Value™: €171.16 vs. price of €66.14 (61.4% below fair value)
  • GF Score™: 33/100 with 7 warning signs
  • Industry Position: 1232.9% above the Biotechnology median (#503 of 535)

No single metric tells the full story. See the MIL:1CYTK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cytokinetics Business Description

Other Exchanges CYTK:USAKK3A:Germany
Address 350 Oyster Point Boulevard, South San Francisco, CA, USA, 94080
Cytokinetics Inc is a late-stage biopharmaceutical company focused on discovering, developing, and commercializing first-in-class muscle activators and next-in-class muscle inhibitors as potential treatments for debilitating diseases in which muscle performance is compromised and/or declining. The company develops treatments for diseases such as amyotrophic lateral sclerosis, heart failure, spinal muscular atrophy, and chronic obstructive pulmonary disease. The company's product, named as MYQORZO, is an allosteric and reversible inhibitor of cardiac myosin motor activity. The company is developing muscle-directed investigational medicines that may potentially improve the health span of people with devastating cardiovascular and neuromuscular diseases of impaired muscle function.
33GF Score

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

€66.14
Price
€171.16
GF Value