RSLBF (RaySearch Laboratories AB) Cyclically Adjusted PS Ratio: 6.24 (As of Jul. 23, 2026) — 11% Below Median

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RSLBF RaySearch Laboratories AB RSLBF
92 GF Score
Price $18.85
GF Value $21.01
Valuation Modestly Undervalued
! 2 Warning Signs
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What is RaySearch Laboratories AB Cyclically Adjusted PS Ratio?

RaySearch Laboratories AB RSLBF 92 Cyclically Adjusted PS Ratio is 6.24 as of Jul. 23, 2026, which is 11% below its 10-year median of 7.05. GuruFocus rates RSLBF with a GF Score™ of 92/100 and a GF Value™ of $21.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 357 Healthcare Providers & Services companies, RaySearch Laboratories AB ranks worse than 91.04% on this metric.

As of today (2026-07-23), RaySearch Laboratories AB's current share price is $18.85. RaySearch Laboratories AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $3.02. RaySearch Laboratories AB's Cyclically Adjusted PS Ratio for today is 6.24.

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

RSLBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.64   Med: 7.05   Max: 30.47
Current: 6.32

During the past years, RaySearch Laboratories AB's highest Cyclically Adjusted PS Ratio was 30.47. The lowest was 2.64. And the median was 7.05.

RSLBF's Cyclically Adjusted PS Ratio is ranked worse than
91.04% of 357 companies
in the Healthcare Providers & Services industry
Industry Median: 1.13 vs RSLBF: 6.32

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.

RaySearch Laboratories AB's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.909. 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 $3.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RaySearch Laboratories AB  (OTCPK:RSLBF) 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.


RaySearch Laboratories AB Cyclically Adjusted PS Ratio Related Terms


RaySearch Laboratories AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for RaySearch Laboratories AB'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.

RaySearch Laboratories AB Cyclically Adjusted PS Ratio Chart

RaySearch Laboratories AB 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 3.71 3.58 4.09 8.76 8.41

RaySearch Laboratories AB 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 8.91 12.89 9.50 8.41 6.93

RSLBF vs VEEV, BTSG, TEM: Cyclically Adjusted PS Ratio Comparison

For the Health Information Services subindustry, RaySearch Laboratories AB'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.


RaySearch Laboratories AB Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, RaySearch Laboratories AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


RSLBF
92GF Score
RaySearch Laboratories AB RSLBF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RaySearch Laboratories AB 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.

RaySearch Laboratories AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.85/3.02
=6.24

* 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.

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

For example, RaySearch Laboratories AB'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)
=0.909/133.5600*133.5600
=0.909

Current CPI (Mar. 2026) = 133.5600.

RaySearch Laboratories AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.417 101.019 0.551
201609 0.429 101.138 0.567
201612 0.608 102.022 0.796
201703 0.417 102.022 0.546
201706 0.479 102.752 0.623
201709 0.407 103.279 0.526
201712 0.712 103.793 0.916
201803 0.412 103.962 0.529
201806 0.467 104.875 0.595
201809 0.491 105.679 0.621
201812 0.709 105.912 0.894
201903 0.542 105.886 0.684
201906 0.588 106.742 0.736
201909 0.434 107.214 0.541
201912 0.725 107.766 0.899
202003 0.619 106.563 0.776
202006 0.513 107.498 0.637
202009 0.392 107.635 0.486
202012 0.557 108.296 0.687
202103 0.553 108.360 0.682
202106 0.537 108.928 0.658
202109 0.460 110.338 0.557
202112 0.605 112.486 0.718
202203 0.631 114.825 0.734
202206 0.466 118.384 0.526
202209 0.564 122.296 0.616
202212 0.743 126.365 0.785
202303 0.641 127.042 0.674
202306 0.652 129.407 0.673
202309 0.665 130.224 0.682
202312 0.852 131.912 0.863
202403 0.721 132.205 0.728
202406 0.886 132.716 0.892
202409 0.836 132.304 0.844
202412 0.856 132.987 0.860
202503 0.955 132.825 0.960
202506 0.934 133.699 0.933
202509 1.034 133.480 1.035
202512 1.178 133.390 1.180
202603 0.909 133.560 0.909

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 6.24 mean?
RaySearch Laboratories AB (RSLBF) has a Cyclically Adjusted PS Ratio of 6.24 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 RaySearch Laboratories AB and its competitors. This is 11% below median its historical median of 7.05. Over the past decade, RaySearch Laboratories AB's Cyclically Adjusted PS Ratio has ranged from 2.64 to 30.47. According to the industry distribution chart, RaySearch Laboratories AB ranks #325 out of 357 companies in the Healthcare Providers & Services industry, placing it in the top 91%.
Is RaySearch Laboratories AB's Cyclically Adjusted PS Ratio too high?
RaySearch Laboratories AB's current Cyclically Adjusted PS Ratio of 6.24 is 11% below median its 10-year median of 7.05. Over the past 10 years, this metric has ranged from a low of 2.64 to a high of 30.47. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.13. RaySearch Laboratories AB's value of 6.24 is 452.2% above this industry median. Based on the distribution chart, RaySearch Laboratories AB ranks #325 out of 357 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, RaySearch Laboratories AB has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RaySearch Laboratories AB's Cyclically Adjusted PS Ratio compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, RaySearch Laboratories AB ranks #325 out of 357 companies for Cyclically Adjusted PS Ratio. This places RaySearch Laboratories AB in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.13. RaySearch Laboratories AB's value of 6.24 is 452.2% above this benchmark. Historically, RaySearch Laboratories AB's own Cyclically Adjusted PS Ratio has ranged from 2.64 to 30.47 over the past decade. While the company's 10-year median is 7.05 vs. the industry median of 1.13, RaySearch Laboratories AB 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.13, based on 357 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. RaySearch Laboratories AB's current Cyclically Adjusted PS Ratio of 6.24 is 452.2% 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 RaySearch Laboratories AB and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RaySearch Laboratories AB's current Cyclically Adjusted PS Ratio is 6.24, which is 11% below median its own 10-year median of 7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RaySearch Laboratories AB stock overvalued right now?
Based on GuruFocus' analysis, RaySearch Laboratories AB (RSLBF) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.01, compared to a current price of $18.85 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.24, which is 11% below median its 10-year median of 7.05 and 452.2% above the Healthcare Providers & Services industry median of 1.13. RaySearch Laboratories AB's overall GF Score™ is 92/100 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 RaySearch Laboratories AB (RSLBF), the current Cyclically Adjusted PS Ratio is 6.24 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 RaySearch Laboratories AB (RSLBF) Overvalued in 2026?

Based on GuruFocus' analysis, RaySearch Laboratories AB stock appears to be undervalued. The current stock price of $18.85 is trading 10.3% below its estimated GF Value™ of $21.01. GuruFocus considers RaySearch Laboratories AB to be Modestly Undervalued.

Key valuation signals for RSLBF:

  • Cyclically Adjusted PS Ratio: 6.24 (11% below median its 10-year median of 7.05)
  • GF Value™: $21.01 vs. price of $18.85 (10.3% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 452.2% above the Healthcare Providers & Services median (#325 of 357)

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


RaySearch Laboratories AB Business Description

Address Eugeniavagen 18C, Stockholm, SWE, 113 68
RaySearch Laboratories AB is a Sweden-based medical technology company. The company develops software solutions for improved cancer treatment. The company develops and markets the RayStation treatment planning system and RayCare oncology information system to clinics all over the world and distributes products through licensing agreements with medical technology companies. Its geographic segments consist of the Americas, Asia-Pacific & Middle East, Europe, and the rest of world.
92GF Score

Get the complete analysis for RSLBF

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

$18.85
Price
$21.01
GF Value