Madrigal Pharmaceuticals (MIL:1MDGL) Cyclically Adjusted PS Ratio: 18.12 (As of Jul. 17, 2026) — 21% Below Median

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MIL:1MDGL Madrigal Pharmaceuticals Inc MIL:1MDGL
8 GF Score
Price €467.40
! 5 Warning Signs
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What is Madrigal Pharmaceuticals Cyclically Adjusted PS Ratio?

Madrigal Pharmaceuticals MIL:1MDGL 8 Cyclically Adjusted PS Ratio is 18.12 as of Jul. 17, 2026, which is 21% below its 10-year median of 22.90. GuruFocus rates MIL:1MDGL with a GF Score™ of 8/100. The stock has 5 warning signs investors should review. Among 538 Biotechnology companies, Madrigal Pharmaceuticals ranks worse than 78.44% on this metric.

As of today (2026-07-17), Madrigal Pharmaceuticals's current share price is €467.40. Madrigal Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €25.79. Madrigal Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 18.12.

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

MIL:1MDGL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.18   Med: 22.9   Max: 104.83
Current: 17.75

During the past years, Madrigal Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 104.83. The lowest was 15.18. And the median was 22.90.

MIL:1MDGL's Cyclically Adjusted PS Ratio is ranked worse than
78.44% of 538 companies
in the Biotechnology industry
Industry Median: 5.825 vs MIL:1MDGL: 17.75

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.

Madrigal Pharmaceuticals's adjusted revenue per share data for the three months ended in Mar. 2026 was €9.276. 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 €25.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Madrigal Pharmaceuticals  (MIL:1MDGL) 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.


Madrigal Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms


Madrigal Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Madrigal Pharmaceuticals'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.

Madrigal Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Madrigal Pharmaceuticals 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 0.00 0.00 0.00 28.02 20.47

Madrigal Pharmaceuticals 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 24.99 16.48 19.17 20.47 17.03

MIL:1MDGL vs BMRN, AXSM, CYTK: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Madrigal Pharmaceuticals'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.


Madrigal Pharmaceuticals Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


MIL:1MDGL
8GF Score
Madrigal Pharmaceuticals Inc MIL:1MDGL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Madrigal Pharmaceuticals 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.

Madrigal Pharmaceuticals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=467.40/25.79
=18.12

* 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.

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

For example, Madrigal Pharmaceuticals'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)
=9.276/330.2130*330.2130
=9.276

Current CPI (Mar. 2026) = 330.2130.

Madrigal Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.000 241.428 0.000
201612 0.000 241.432 0.000
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 0.000 260.280 0.000
202012 0.000 260.474 0.000
202103 0.000 264.877 0.000
202106 0.000 271.696 0.000
202109 0.000 274.310 0.000
202112 0.000 278.802 0.000
202203 0.000 287.504 0.000
202206 0.000 296.311 0.000
202209 0.000 296.808 0.000
202212 0.000 296.797 0.000
202303 0.000 301.836 0.000
202306 0.000 305.109 0.000
202309 0.000 307.789 0.000
202312 0.000 306.746 0.000
202403 0.000 312.332 0.000
202406 0.635 314.175 0.667
202409 2.576 315.301 2.698
202412 4.499 315.605 4.707
202503 4.520 319.799 4.667
202506 8.308 322.561 8.505
202509 10.886 324.800 11.067
202512 11.947 324.054 12.174
202603 9.276 330.213 9.276

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 18.12 mean?
Madrigal Pharmaceuticals (MIL:1MDGL) has a Cyclically Adjusted PS Ratio of 18.12 as of Jul. 17, 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 Madrigal Pharmaceuticals and its competitors. This is 21% below median its historical median of 22.90. Over the past decade, Madrigal Pharmaceuticals' Cyclically Adjusted PS Ratio has ranged from 15.18 to 104.83. According to the industry distribution chart, Madrigal Pharmaceuticals ranks #422 out of 538 companies in the Biotechnology industry, placing it in the top 78.4%.
Is Madrigal Pharmaceuticals' Cyclically Adjusted PS Ratio too high?
Madrigal Pharmaceuticals' current Cyclically Adjusted PS Ratio of 18.12 is 21% below median its 10-year median of 22.90. Over the past 10 years, this metric has ranged from a low of 15.18 to a high of 104.83. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.83. Madrigal Pharmaceuticals' value of 18.12 is 211.1% above this industry median. Based on the distribution chart, Madrigal Pharmaceuticals ranks #422 out of 538 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Madrigal Pharmaceuticals has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Madrigal Pharmaceuticals' Cyclically Adjusted PS Ratio compare to BMRN and AXSM?
According to the Biotechnology industry distribution chart, Madrigal Pharmaceuticals ranks #422 out of 538 companies for Cyclically Adjusted PS Ratio. This places Madrigal Pharmaceuticals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.83. Madrigal Pharmaceuticals' value of 18.12 is 211.1% above this benchmark. Historically, Madrigal Pharmaceuticals' own Cyclically Adjusted PS Ratio has ranged from 15.18 to 104.83 over the past decade. While the company's 10-year median is 22.90 vs. the industry median of 5.83, Madrigal Pharmaceuticals 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 5.83, 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. Madrigal Pharmaceuticals's current Cyclically Adjusted PS Ratio of 18.12 is 211.1% 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 Madrigal Pharmaceuticals and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madrigal Pharmaceuticals's current Cyclically Adjusted PS Ratio is 18.12, which is 21% below median its own 10-year median of 22.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madrigal Pharmaceuticals stock overvalued right now?
Madrigal Pharmaceuticals (MIL:1MDGL) has a current Cyclically Adjusted PS Ratio of 18.12. The current Cyclically Adjusted PS Ratio is 18.12, which is 21% below median its 10-year median of 22.90 and 211.1% above the Biotechnology industry median of 5.83. Madrigal Pharmaceuticals' overall GF Score™ is 8/100 with 5 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 Madrigal Pharmaceuticals (MIL:1MDGL), the current Cyclically Adjusted PS Ratio is 18.12 as of Jul. 17, 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.

Madrigal Pharmaceuticals Business Description

Other Exchanges MDGL:USA0JXI:UKYDO1:Germany
Address 200 Barr Harbor Drive, Suite 200, Four Tower Bridge, West Conshohocken, PA, USA, 19428
Madrigal Pharmaceuticals Inc is a biopharmaceutical company focused on delivering novel therapeutics for metabolic dysfunction-associated steatohepatitis (MASH), a serious liver disease with high unmet medical need that can lead to cirrhosis, liver failure, liver cancer, need for liver transplantation and premature mortality. Its medication, Rezdiffra (resmetirom), is a once-daily, oral, liver-directed thyroid hormone receptor beta agonist designed to target key underlying causes of MASH.
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€467.40
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