MRAM (Everspin Technologies) Cyclically Adjusted PS Ratio: 5.30 (As of Aug. 07, 2026) — 93% Above Median

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MRAM Everspin Technologies Inc MRAM
58 GF Score
Price $16.64
GF Value $7.88
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Everspin Technologies Cyclically Adjusted PS Ratio?

Everspin Technologies MRAM +6.05% 58 Cyclically Adjusted PS Ratio is 5.30 as of Aug. 07, 2026, which is 93% above its 10-year median of 2.74. GuruFocus rates MRAM with a GF Score™ of 58/100 and a GF Value™ of $7.88 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 732 Semiconductors companies, Everspin Technologies ranks worse than 64.75% on this metric.

As of today (2026-08-07), Everspin Technologies's current share price is $16.64. Everspin Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.14. Everspin Technologies's Cyclically Adjusted PS Ratio for today is 5.30.

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

MRAM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.33   Med: 2.74   Max: 11.96
Current: 4.95

During the past years, Everspin Technologies's highest Cyclically Adjusted PS Ratio was 11.96. The lowest was 1.33. And the median was 2.74.

MRAM's Cyclically Adjusted PS Ratio is ranked worse than
64.75% of 732 companies
in the Semiconductors industry
Industry Median: 2.855 vs MRAM: 4.95

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.

Everspin Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.643. 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 $3.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Everspin Technologies  (NAS:MRAM) 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.


Everspin Technologies Cyclically Adjusted PS Ratio Related Terms


Everspin Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Everspin Technologies'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.

Everspin Technologies Cyclically Adjusted PS Ratio Chart

Everspin Technologies 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 0.00 2.91

Everspin Technologies 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 1.49 1.84 2.81 2.91 2.80

MRAM vs ALMU, QUIK, GSIT: Cyclically Adjusted PS Ratio Comparison

For the Semiconductors subindustry, Everspin Technologies'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.


Everspin Technologies Cyclically Adjusted PS Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Everspin Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MRAM
58GF Score
Everspin Technologies Inc MRAM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Everspin Technologies 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.

Everspin Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.64/3.14
=5.30

* 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.

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

For example, Everspin Technologies'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)
=0.643/330.2130*330.2130
=0.643

Current CPI (Mar. 2026) = 330.2130.

Everspin Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.629 241.018 0.862
201609 0.677 241.428 0.926
201612 0.565 241.432 0.773
201703 0.641 243.801 0.868
201706 0.719 244.955 0.969
201709 0.717 246.819 0.959
201712 0.799 246.524 1.070
201803 1.004 249.554 1.329
201806 0.647 251.989 0.848
201809 0.680 252.439 0.890
201812 0.718 251.233 0.944
201903 0.586 254.202 0.761
201906 0.505 256.143 0.651
201909 0.530 256.759 0.682
201912 0.545 256.974 0.700
202003 0.560 258.115 0.716
202006 0.631 257.797 0.808
202009 0.534 260.280 0.677
202012 0.525 260.474 0.666
202103 0.538 264.877 0.671
202106 0.601 271.696 0.730
202109 0.743 274.310 0.894
202112 0.888 278.802 1.052
202203 0.692 287.504 0.795
202206 0.720 296.311 0.802
202209 0.742 296.808 0.826
202212 0.747 296.797 0.831
202303 0.713 301.836 0.780
202306 0.742 305.109 0.803
202309 0.754 307.789 0.809
202312 0.772 306.746 0.831
202403 0.679 312.332 0.718
202406 0.493 314.175 0.518
202409 0.550 315.301 0.576
202412 0.551 315.605 0.577
202503 0.592 319.799 0.611
202506 0.587 322.561 0.601
202509 0.607 324.800 0.617
202512 0.646 324.054 0.658
202603 0.643 330.213 0.643

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 5.30 mean?
Everspin Technologies (MRAM) has a Cyclically Adjusted PS Ratio of 5.30 as of Aug. 07, 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 Everspin Technologies and its competitors. This is 93% above median its historical median of 2.74. Over the past decade, Everspin Technologies' Cyclically Adjusted PS Ratio has ranged from 1.33 to 11.96. According to the industry distribution chart, Everspin Technologies ranks #474 out of 732 companies in the Semiconductors industry, placing it in the top 64.8%.
Is Everspin Technologies' Cyclically Adjusted PS Ratio too high?
Everspin Technologies' current Cyclically Adjusted PS Ratio of 5.30 is 93% above median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 11.96. The Semiconductors industry median Cyclically Adjusted PS Ratio is 2.86. Everspin Technologies' value of 5.30 is 85.6% above this industry median. Based on the distribution chart, Everspin Technologies ranks #474 out of 732 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Everspin Technologies has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Everspin Technologies' Cyclically Adjusted PS Ratio compare to ALMU and QUIK?
According to the Semiconductors industry distribution chart, Everspin Technologies ranks #474 out of 732 companies for Cyclically Adjusted PS Ratio. This places Everspin Technologies in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.86. Everspin Technologies' value of 5.30 is 85.6% above this benchmark. Historically, Everspin Technologies' own Cyclically Adjusted PS Ratio has ranged from 1.33 to 11.96 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 2.86, Everspin Technologies 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 Semiconductors company?
The median Cyclically Adjusted PS Ratio among Semiconductors companies is 2.86, based on 732 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. Everspin Technologies's current Cyclically Adjusted PS Ratio of 5.30 is 85.6% 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 Everspin Technologies and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PS Ratio is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Everspin Technologies's current Cyclically Adjusted PS Ratio is 5.30, which is 93% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Everspin Technologies stock overvalued right now?
Based on GuruFocus' analysis, Everspin Technologies (MRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.88, compared to a current price of $16.64 — trading 111.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.30, which is 93% above median its 10-year median of 2.74 and 85.6% above the Semiconductors industry median of 2.86. Everspin Technologies' overall GF Score™ is 58/100 with 2 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 Everspin Technologies (MRAM), the current Cyclically Adjusted PS Ratio is 5.30 as of Aug. 07, 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 Everspin Technologies (MRAM) Overvalued in 2026?

Based on GuruFocus' analysis, Everspin Technologies stock appears to be overvalued. The current stock price of $16.64 is trading 111.2% above its estimated GF Value™ of $7.88. GuruFocus considers Everspin Technologies to be Significantly Overvalued.

Key valuation signals for MRAM:

  • Cyclically Adjusted PS Ratio: 5.30 (93% above median its 10-year median of 2.74)
  • GF Value™: $7.88 vs. price of $16.64 (111.2% above fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 85.6% above the Semiconductors median (#474 of 732)

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


Everspin Technologies Business Description

Other Exchanges 0IJ3:UKE5N:Germany
Address 5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226
Everspin Technologies Inc is a manufacturer of Magnetoresistive Random Access Memory (MRAM) technology. The company manufactures MRAM products using both captive and third-party manufacturing capabilities. It purchases industry-standard complementary metal-oxide semiconductor (CMOS) wafers from semiconductor foundries and perform back end of line (BEOL) processing that includes magnetic-bit technology at leased 200mm fabrication facility in Chandler, Arizona. It also manufactures full-flow 300mm CMOS wafers with STT-MRAM magnetic-bit technology integrated in BEOL. The company's customers are in key markets, such as industrial, medical, automotive/transportation, aerospace, and data center.
58GF Score

Get the complete analysis for MRAM

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

$16.64
Price
$7.88
GF Value