QDEL (QuidelOrtho) Cyclically Adjusted PS Ratio: 0.47 (As of Jul. 23, 2026) — 91% Below Median

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QDEL QuidelOrtho Corp QDEL
43 GF Score
Price $16.68
GF Value $37.36
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is QuidelOrtho Cyclically Adjusted PS Ratio?

QuidelOrtho QDEL +1.52% 43 Cyclically Adjusted PS Ratio is 0.47 as of Jul. 23, 2026, which is 91% below its 10-year median of 5.24. GuruFocus rates QDEL with a GF Score™ of 43/100 and a GF Value™ of $37.36 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 521 Medical Devices & Instruments companies, QuidelOrtho ranks better than 84.07% on this metric.

As of today (2026-07-23), QuidelOrtho's current share price is $16.68. QuidelOrtho's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $35.50. QuidelOrtho's Cyclically Adjusted PS Ratio for today is 0.47.

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

QDEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 5.24   Max: 35.44
Current: 0.47

During the past years, QuidelOrtho's highest Cyclically Adjusted PS Ratio was 35.44. The lowest was 0.29. And the median was 5.24.

QDEL's Cyclically Adjusted PS Ratio is ranked better than
84.07% of 521 companies
in the Medical Devices & Instruments industry
Industry Median: 2.27 vs QDEL: 0.47

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.

QuidelOrtho's adjusted revenue per share data for the three months ended in Mar. 2026 was $9.088. 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 $35.50 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


QuidelOrtho  (NAS:QDEL) 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.


QuidelOrtho Cyclically Adjusted PS Ratio Related Terms


QuidelOrtho Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for QuidelOrtho'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.

QuidelOrtho Cyclically Adjusted PS Ratio Chart

QuidelOrtho 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 9.05 4.01 2.85 1.48 0.84

QuidelOrtho 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 1.12 0.89 0.88 0.84 0.46

QDEL vs AVR, INMD, CNMD: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, QuidelOrtho'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.


QuidelOrtho Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QuidelOrtho's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


QDEL
43GF Score
QuidelOrtho Corp QDEL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QuidelOrtho 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.68/35.50
=0.47

* 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.

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

For example, QuidelOrtho'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)
=9.088/330.2130*330.2130
=9.088

Current CPI (Mar. 2026) = 330.2130.

QuidelOrtho Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.203 241.018 1.648
201609 1.510 241.428 2.065
201612 1.605 241.432 2.195
201703 2.168 243.801 2.936
201706 1.142 244.955 1.539
201709 1.501 246.819 2.008
201712 3.347 246.524 4.483
201803 4.032 249.554 5.335
201806 2.720 251.989 3.564
201809 2.737 252.439 3.580
201812 3.097 251.233 4.071
201903 3.449 254.202 4.480
201906 2.613 256.143 3.369
201909 2.928 256.759 3.766
201912 3.515 256.974 4.517
202003 4.024 258.115 5.148
202006 4.612 257.797 5.908
202009 10.920 260.280 13.854
202012 18.552 260.474 23.519
202103 8.622 264.877 10.749
202106 4.165 271.696 5.062
202109 11.995 274.310 14.440
202112 14.442 278.802 17.105
202203 23.639 287.504 27.151
202206 11.595 296.311 12.922
202209 11.612 296.808 12.919
202212 12.933 296.797 14.389
202303 12.610 301.836 13.796
202306 9.957 305.109 10.776
202309 11.121 307.789 11.931
202312 11.117 306.746 11.967
202403 10.628 312.332 11.236
202406 9.493 314.175 9.978
202409 10.804 315.301 11.315
202412 10.486 315.605 10.971
202503 10.264 319.799 10.598
202506 9.068 322.561 9.283
202509 10.293 324.800 10.465
202512 10.626 324.054 10.828
202603 9.088 330.213 9.088

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 0.47 mean?
QuidelOrtho (QDEL) has a Cyclically Adjusted PS Ratio of 0.47 as of Jul. 23, 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 QuidelOrtho and its competitors. This is 91% below median its historical median of 5.24. Over the past decade, QuidelOrtho's Cyclically Adjusted PS Ratio has ranged from 0.29 to 35.44. According to the industry distribution chart, QuidelOrtho ranks #83 out of 521 companies in the Medical Devices & Instruments industry, placing it in the top 15.9%.
Is QuidelOrtho's Cyclically Adjusted PS Ratio too high?
QuidelOrtho's current Cyclically Adjusted PS Ratio of 0.47 is 91% below median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 35.44. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.27. QuidelOrtho's value of 0.47 is 79.3% below this industry median. Based on the distribution chart, QuidelOrtho ranks #83 out of 521 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, QuidelOrtho has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does QuidelOrtho's Cyclically Adjusted PS Ratio compare to AVR and INMD?
According to the Medical Devices & Instruments industry distribution chart, QuidelOrtho ranks #83 out of 521 companies for Cyclically Adjusted PS Ratio. This places QuidelOrtho in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.27. QuidelOrtho's value of 0.47 is 79.3% below this benchmark. Historically, QuidelOrtho's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 35.44 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 2.27, QuidelOrtho 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.27, based on 521 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. QuidelOrtho's current Cyclically Adjusted PS Ratio of 0.47 is 79.3% 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 QuidelOrtho and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QuidelOrtho's current Cyclically Adjusted PS Ratio is 0.47, which is 91% below median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QuidelOrtho stock overvalued right now?
Based on GuruFocus' analysis, QuidelOrtho (QDEL) is currently considered Possible Value Trap. The stock's GF Value™ is $37.36, compared to a current price of $16.68 — trading 55.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.47, which is 91% below median its 10-year median of 5.24 and 79.3% below the Medical Devices & Instruments industry median of 2.27. QuidelOrtho's overall GF Score™ is 43/100 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 QuidelOrtho (QDEL), the current Cyclically Adjusted PS Ratio is 0.47 as of Jul. 23, 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 QuidelOrtho (QDEL) Overvalued in 2026?

Based on GuruFocus' analysis, QuidelOrtho stock appears to be undervalued. The current stock price of $16.68 is trading 55.4% below its estimated GF Value™ of $37.36. GuruFocus considers QuidelOrtho to be Possible Value Trap.

Key valuation signals for QDEL:

  • Cyclically Adjusted PS Ratio: 0.47 (91% below median its 10-year median of 5.24)
  • GF Value™: $37.36 vs. price of $16.68 (55.4% below fair value)
  • GF Score™: 43/100 with 8 warning signs
  • Industry Position: 79.3% below the Medical Devices & Instruments median (#83 of 521)

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


QuidelOrtho Business Description

Other Exchanges 0A55:UKQL1A:Germany
Address 9975 Summers Ridge Road, San Diego, CA, USA, 92121
QuidelOrtho Corp is engaged in the development, manufacturing, and marketing of rapid diagnostic testing solutions. The company is engaged in immunoassay and molecular testing, clinical chemistry, and transfusion medicine, which helps clinicians and patients to make decisions across the globe. Geographically, the company has its presence in North America, EMEA, China, and Other countries. It generates the majority of its revenue from North America.
43GF Score

Get the complete analysis for QDEL

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

$16.68
Price
$37.36
GF Value