PYRGF (PyroGenesis) Cyclically Adjusted PS Ratio: 2.17 (As of Jul. 09, 2026) — 61% Below Median


PYRGF PyroGenesis Inc PYRGF
20 GF Score
Price $0.15
GF Value $0.33
Valuation Possible Value Trap
! 8 Warning Signs
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What is PyroGenesis Cyclically Adjusted PS Ratio?

PyroGenesis PYRGF +0.11% 20 Cyclically Adjusted PS Ratio is 2.17 as of Jul. 09, 2026, which is 61% below its 10-year median of 5.55. GuruFocus rates PYRGF with a GF Score™ of 20/100 and a GF Value™ of $0.33 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 2,298 Industrial Products companies, PyroGenesis ranks worse than 53.57% on this metric.

As of today (2026-07-09), PyroGenesis's current share price is $0.152. PyroGenesis's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.07. PyroGenesis's Cyclically Adjusted PS Ratio for today is 2.17.

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

PYRGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.54   Med: 5.55   Max: 169.71
Current: 2.22

During the past years, PyroGenesis's highest Cyclically Adjusted PS Ratio was 169.71. The lowest was 1.54. And the median was 5.55.

PYRGF's Cyclically Adjusted PS Ratio is ranked worse than
53.57% of 2298 companies
in the Industrial Products industry
Industry Median: 1.89 vs PYRGF: 2.22

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.

PyroGenesis's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.018. 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 $0.07 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PyroGenesis  (OTCPK:PYRGF) 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.


PyroGenesis Cyclically Adjusted PS Ratio Related Terms


PyroGenesis Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PyroGenesis'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.

PyroGenesis Cyclically Adjusted PS Ratio Chart

PyroGenesis 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 38.74 10.74 4.54 5.98 3.18

PyroGenesis 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 5.17 4.66 2.49 3.18 5.58

PYRGF vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, PyroGenesis'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.


PyroGenesis Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PyroGenesis's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


PYRGF
20GF Score
PyroGenesis Inc PYRGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PyroGenesis 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.152/0.07
=2.17

* 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.

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

For example, PyroGenesis'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)
=0.018/132.2623*132.2623
=0.018

Current CPI (Mar. 2026) = 132.2623.

PyroGenesis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.007 102.002 0.009
201609 0.015 101.765 0.019
201612 0.011 101.449 0.014
201703 0.012 102.634 0.015
201706 0.016 103.029 0.021
201709 0.016 103.345 0.020
201712 0.009 103.345 0.012
201803 0.014 105.004 0.018
201806 0.009 105.557 0.011
201809 0.007 105.636 0.009
201812 0.003 105.399 0.004
201903 0.004 106.979 0.005
201906 0.005 107.690 0.006
201909 0.012 107.611 0.015
201912 0.006 107.769 0.007
202003 0.004 107.927 0.005
202006 0.010 108.401 0.012
202009 0.038 108.164 0.046
202012 0.032 108.559 0.039
202103 0.029 110.298 0.035
202106 0.041 111.720 0.049
202109 0.042 112.905 0.049
202112 0.033 113.774 0.038
202203 0.019 117.646 0.021
202206 0.027 120.806 0.030
202209 0.025 120.648 0.027
202212 0.014 120.964 0.015
202303 0.011 122.702 0.012
202306 0.013 124.203 0.014
202309 0.015 125.230 0.016
202312 0.013 125.072 0.014
202403 0.014 126.258 0.015
202406 0.016 127.522 0.017
202409 0.016 127.285 0.017
202412 0.017 127.364 0.018
202503 0.011 129.181 0.011
202506 0.012 129.892 0.012
202509 0.012 130.287 0.012
202512 0.010 130.366 0.010
202603 0.018 132.262 0.018

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 2.17 mean?
PyroGenesis (PYRGF) has a Cyclically Adjusted PS Ratio of 2.17 as of Jul. 09, 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 PyroGenesis and its competitors. This is 61% below median its historical median of 5.55. Over the past decade, PyroGenesis' Cyclically Adjusted PS Ratio has ranged from 1.54 to 169.71. According to the industry distribution chart, PyroGenesis ranks #1231 out of 2298 companies in the Industrial Products industry, placing it in the top 53.6%.
Is PyroGenesis' Cyclically Adjusted PS Ratio too high?
PyroGenesis' current Cyclically Adjusted PS Ratio of 2.17 is 61% below median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 169.71. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.89. PyroGenesis' value of 2.17 is 14.8% above this industry median. Based on the distribution chart, PyroGenesis ranks #1231 out of 2298 companies in the Industrial Products industry, which is below the industry midpoint. Overall, PyroGenesis has a GF Score™ of 20/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PyroGenesis' Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, PyroGenesis ranks #1231 out of 2298 companies for Cyclically Adjusted PS Ratio. This places PyroGenesis in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.89. PyroGenesis' value of 2.17 is 14.8% above this benchmark. Historically, PyroGenesis' own Cyclically Adjusted PS Ratio has ranged from 1.54 to 169.71 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 1.89, PyroGenesis 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.89, based on 2,298 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. PyroGenesis's current Cyclically Adjusted PS Ratio of 2.17 is 14.8% 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 PyroGenesis and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PyroGenesis's current Cyclically Adjusted PS Ratio is 2.17, which is 61% below median its own 10-year median of 5.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PyroGenesis stock overvalued right now?
Based on GuruFocus' analysis, PyroGenesis (PYRGF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.33, compared to a current price of $0.15 — trading 53.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.17, which is 61% below median its 10-year median of 5.55 and 14.8% above the Industrial Products industry median of 1.89. PyroGenesis' overall GF Score™ is 20/100 with 8 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 PyroGenesis (PYRGF), the current Cyclically Adjusted PS Ratio is 2.17 as of Jul. 09, 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 PyroGenesis (PYRGF) Overvalued in 2026?

Based on GuruFocus' analysis, PyroGenesis stock appears to be undervalued. The current stock price of $0.15 is trading 53.9% below its estimated GF Value™ of $0.33. GuruFocus considers PyroGenesis to be Possible Value Trap.

Key valuation signals for PYRGF:

  • Cyclically Adjusted PS Ratio: 2.17 (61% below median its 10-year median of 5.55)
  • GF Value™: $0.33 vs. price of $0.15 (53.9% below fair value)
  • GF Score™: 20/100 with 8 warning signs
  • Industry Position: 14.8% above the Industrial Products median (#1231 of 2298)

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


PyroGenesis Business Description

Other Exchanges 8PY1:GermanyPYR:Canada
Address 1100 Rene-Levesque Boulevard West, Suite 1825, Montreal, QC, CAN, H3B 4N4
PyroGenesis Inc is engaged in the design, development, manufacturing, and commercialization of plasma-based processes and related solutions. Its technologies are applied in areas such as iron ore pelletization, aluminum processing, waste management, and additive manufacturing. The company develops proprietary plasma technologies intended to reduce greenhouse gas emissions compared to conventional industrial processes. Geographically, it derives the majority of its revenue from Canada, followed by other countries, including France, New Zealand, the United States of America, etc.
20GF 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.

$0.15
Price
$0.33
GF Value