RCEL (AVITA Medical) Cyclically Adjusted PS Ratio: 2.10 (As of Jul. 13, 2026) — 75% Below Median

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RCEL AVITA Medical Inc RCEL
65 GF Score
Price $3.95
GF Value $10.83
Valuation Possible Value Trap
! 6 Warning Signs
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What is AVITA Medical Cyclically Adjusted PS Ratio?

AVITA Medical RCEL -2.90% 65 Cyclically Adjusted PS Ratio is 2.10 as of Jul. 13, 2026, which is 75% below its 10-year median of 8.48. GuruFocus rates RCEL with a GF Score™ of 65/100 and a GF Value™ of $10.83 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 523 Medical Devices & Instruments companies, AVITA Medical ranks better than 51.05% on this metric.

As of today (2026-07-13), AVITA Medical's current share price is $3.95. AVITA Medical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $1.88. AVITA Medical's Cyclically Adjusted PS Ratio for today is 2.10.

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

RCEL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.87   Med: 8.48   Max: 79.78
Current: 2.16

During the past years, AVITA Medical's highest Cyclically Adjusted PS Ratio was 79.78. The lowest was 1.87. And the median was 8.48.

RCEL's Cyclically Adjusted PS Ratio is ranked better than
51.05% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.28 vs RCEL: 2.16

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.

AVITA Medical's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.630. 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 $1.88 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AVITA Medical  (NAS:RCEL) 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.


AVITA Medical Cyclically Adjusted PS Ratio Related Terms


AVITA Medical Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AVITA Medical'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.

AVITA Medical Cyclically Adjusted PS Ratio Chart

AVITA Medical Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.08 5.47 9.73 7.81 1.89

AVITA Medical 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 4.75 2.99 2.83 1.89 1.97

RCEL vs MXCT, HYPR, ZOMDF: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, AVITA Medical'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.


AVITA Medical Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


RCEL
65GF Score
AVITA Medical Inc RCEL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVITA Medical 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.

AVITA Medical's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.95/1.88
=2.10

* 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.

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

For example, AVITA Medical'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)
=0.63/330.2130*330.2130
=0.630

Current CPI (Mar. 2026) = 330.2130.

AVITA Medical 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 0.174 256.759 0.224
201912 0.164 256.974 0.211
202003 0.183 258.115 0.234
202006 0.181 257.797 0.232
202009 0.235 260.280 0.298
202012 0.236 260.474 0.299
202103 0.386 264.877 0.481
202106 0.415 271.696 0.504
202109 0.282 274.310 0.339
202112 0.278 278.802 0.329
202203 0.302 287.504 0.347
202206 0.334 296.311 0.372
202209 0.364 296.808 0.405
202212 0.377 296.797 0.419
202303 0.419 301.836 0.458
202306 0.466 305.109 0.504
202309 0.537 307.789 0.576
202312 0.557 306.746 0.600
202403 0.433 312.332 0.458
202406 0.590 314.175 0.620
202409 0.752 315.301 0.788
202412 0.704 315.605 0.737
202503 0.705 319.799 0.728
202506 0.698 322.561 0.715
202509 0.601 324.800 0.611
202512 0.579 324.054 0.590
202603 0.630 330.213 0.630

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 2.10 mean?
AVITA Medical (RCEL) has a Cyclically Adjusted PS Ratio of 2.10 as of Jul. 13, 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 AVITA Medical and its competitors. This is 75% below median its historical median of 8.48. Over the past decade, AVITA Medical's Cyclically Adjusted PS Ratio has ranged from 1.87 to 79.78. According to the industry distribution chart, AVITA Medical ranks #256 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 48.9%.
Is AVITA Medical's Cyclically Adjusted PS Ratio too high?
AVITA Medical's current Cyclically Adjusted PS Ratio of 2.10 is 75% below median its 10-year median of 8.48. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 79.78. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.28. AVITA Medical's value of 2.10 is 7.9% below this industry median. Based on the distribution chart, AVITA Medical ranks #256 out of 523 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, AVITA Medical has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AVITA Medical's Cyclically Adjusted PS Ratio compare to MXCT and HYPR?
According to the Medical Devices & Instruments industry distribution chart, AVITA Medical ranks #256 out of 523 companies for Cyclically Adjusted PS Ratio. This puts AVITA Medical in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.28. AVITA Medical's value of 2.10 is 7.9% below this benchmark. Historically, AVITA Medical's own Cyclically Adjusted PS Ratio has ranged from 1.87 to 79.78 over the past decade. While the company's 10-year median is 8.48 vs. the industry median of 2.28, AVITA Medical 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 2.28, based on 523 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. AVITA Medical's current Cyclically Adjusted PS Ratio of 2.10 is 7.9% 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 AVITA Medical and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVITA Medical's current Cyclically Adjusted PS Ratio is 2.10, which is 75% below median its own 10-year median of 8.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVITA Medical stock overvalued right now?
Based on GuruFocus' analysis, AVITA Medical (RCEL) is currently considered Possible Value Trap. The stock's GF Value™ is $10.83, compared to a current price of $3.95 — trading 63.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.10, which is 75% below median its 10-year median of 8.48 and 7.9% below the Medical Devices & Instruments industry median of 2.28. AVITA Medical's overall GF Score™ is 65/100 with 6 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 AVITA Medical (RCEL), the current Cyclically Adjusted PS Ratio is 2.10 as of Jul. 13, 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 AVITA Medical (RCEL) Overvalued in 2026?

Based on GuruFocus' analysis, AVITA Medical stock appears to be undervalued. The current stock price of $3.95 is trading 63.5% below its estimated GF Value™ of $10.83. GuruFocus considers AVITA Medical to be Possible Value Trap.

Key valuation signals for RCEL:

  • Cyclically Adjusted PS Ratio: 2.10 (75% below median its 10-year median of 8.48)
  • GF Value™: $10.83 vs. price of $3.95 (63.5% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 7.9% below the Medical Devices & Instruments median (#256 of 523)

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


AVITA Medical Business Description

Address 28159 Avenue Stanford, Suite 220, Valencia, Santa Clarita, CA, USA, 91355
Avita is largely a single product company. Its RECELL system is an innovative burn treatment device which creates Spray-on Skin from a small skin sample within 30 minutes, thus avoiding or reducing the need for skin grafts. It's approved for the treatment of adult and paediatric patients in the US and an expanded indication for soft-tissue reconstruction. It is currently used in most of the 140 US burn centers. Despite having product approval in Australia, Canada, and China, Avita is not actively marketing in those territories and focussing instead on the US region, although international sales, particularly in Japan, are growing. Avita is domiciled, and has its primary listing, in the US.
65GF 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.

$3.95
Price
$10.83
GF Value