SNWV (SANUWAVE Health) Cyclically Adjusted PS Ratio: 0.94 (As of Jul. 18, 2026) — 80% Below Median

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SNWV SANUWAVE Health Inc SNWV
34 GF Score
Price $6.39
GF Value $12.06
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is SANUWAVE Health Cyclically Adjusted PS Ratio?

SANUWAVE Health SNWV -2.89% 34 Cyclically Adjusted PS Ratio is 0.94 as of Jul. 18, 2026, which is 80% below its 10-year median of 4.65. GuruFocus rates SNWV with a GF Score™ of 34/100 and a GF Value™ of $12.06 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 523 Medical Devices & Instruments companies, SANUWAVE Health ranks better than 70.94% on this metric.

As of today (2026-07-18), SANUWAVE Health's current share price is $6.39. SANUWAVE Health's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $6.83. SANUWAVE Health's Cyclically Adjusted PS Ratio for today is 0.94.

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

SNWV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 4.65   Max: 16.83
Current: 0.96

During the past years, SANUWAVE Health's highest Cyclically Adjusted PS Ratio was 16.83. The lowest was 0.07. And the median was 4.65.

SNWV's Cyclically Adjusted PS Ratio is ranked better than
70.94% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.28 vs SNWV: 0.96

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.

SANUWAVE Health's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.120. 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 $6.83 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SANUWAVE Health  (NAS:SNWV) 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.


SANUWAVE Health Cyclically Adjusted PS Ratio Related Terms


SANUWAVE Health Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SANUWAVE Health'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.

SANUWAVE Health Cyclically Adjusted PS Ratio Chart

SANUWAVE Health 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 8.82 1.23 0.72 3.34 4.41

SANUWAVE Health 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 5.12 4.77 5.40 4.41 2.53

SNWV vs RTGN, NNOX, LNSR: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, SANUWAVE Health'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.


SANUWAVE Health Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


SNWV
34GF Score
SANUWAVE Health Inc SNWV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SANUWAVE Health 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.

SANUWAVE Health's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.39/6.83
=0.94

* 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.

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

For example, SANUWAVE Health'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)
=1.12/330.2130*330.2130
=1.120

Current CPI (Mar. 2026) = 330.2130.

SANUWAVE Health Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.741 241.018 1.015
201609 0.831 241.428 1.137
201612 1.770 241.432 2.421
201703 0.408 243.801 0.553
201706 0.299 244.955 0.403
201709 0.437 246.819 0.585
201712 0.852 246.524 1.141
201803 0.922 249.554 1.220
201806 1.144 251.989 1.499
201809 1.472 252.439 1.926
201812 1.101 251.233 1.447
201903 0.425 254.202 0.552
201906 0.680 256.143 0.877
201909 0.351 256.759 0.451
201912 0.465 256.974 0.598
202003 0.189 258.115 0.242
202006 0.104 257.797 0.133
202009 1.333 260.280 1.691
202012 1.729 260.474 2.192
202103 1.530 264.877 1.907
202106 2.105 271.696 2.558
202109 2.695 274.310 3.244
202112 3.082 278.802 3.650
202203 2.281 287.504 2.620
202206 1.670 296.311 1.861
202209 2.785 296.808 3.098
202212 3.616 296.797 4.023
202303 2.462 301.836 2.693
202306 3.010 305.109 3.258
202309 2.080 307.789 2.232
202312 2.332 306.746 2.510
202403 1.867 312.332 1.974
202406 1.936 314.175 2.035
202409 2.939 315.301 3.078
202412 1.209 315.605 1.265
202503 1.092 319.799 1.128
202506 1.109 322.561 1.135
202509 1.253 324.800 1.274
202512 1.489 324.054 1.517
202603 1.120 330.213 1.120

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 0.94 mean?
SANUWAVE Health (SNWV) has a Cyclically Adjusted PS Ratio of 0.94 as of Jul. 18, 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 SANUWAVE Health and its competitors. This is 80% below median its historical median of 4.65. Over the past decade, SANUWAVE Health's Cyclically Adjusted PS Ratio has ranged from 0.07 to 16.83. According to the industry distribution chart, SANUWAVE Health ranks #152 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 29.1%.
Is SANUWAVE Health's Cyclically Adjusted PS Ratio too high?
SANUWAVE Health's current Cyclically Adjusted PS Ratio of 0.94 is 80% below median its 10-year median of 4.65. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 16.83. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.28. SANUWAVE Health's value of 0.94 is 58.8% below this industry median. Based on the distribution chart, SANUWAVE Health ranks #152 out of 523 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, SANUWAVE Health has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SANUWAVE Health's Cyclically Adjusted PS Ratio compare to RTGN and NNOX?
According to the Medical Devices & Instruments industry distribution chart, SANUWAVE Health ranks #152 out of 523 companies for Cyclically Adjusted PS Ratio. This puts SANUWAVE Health in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.28. SANUWAVE Health's value of 0.94 is 58.8% below this benchmark. Historically, SANUWAVE Health's own Cyclically Adjusted PS Ratio has ranged from 0.07 to 16.83 over the past decade. While the company's 10-year median is 4.65 vs. the industry median of 2.28, SANUWAVE Health 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. SANUWAVE Health's current Cyclically Adjusted PS Ratio of 0.94 is 58.8% 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 SANUWAVE Health 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. SANUWAVE Health's current Cyclically Adjusted PS Ratio is 0.94, which is 80% below median its own 10-year median of 4.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SANUWAVE Health stock overvalued right now?
Based on GuruFocus' analysis, SANUWAVE Health (SNWV) is currently considered Possible Value Trap. The stock's GF Value™ is $12.06, compared to a current price of $6.39 — trading 47% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.94, which is 80% below median its 10-year median of 4.65 and 58.8% below the Medical Devices & Instruments industry median of 2.28. SANUWAVE Health's overall GF Score™ is 34/100 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 SANUWAVE Health (SNWV), the current Cyclically Adjusted PS Ratio is 0.94 as of Jul. 18, 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 SANUWAVE Health (SNWV) Overvalued in 2026?

Based on GuruFocus' analysis, SANUWAVE Health stock appears to be undervalued. The current stock price of $6.39 is trading 47% below its estimated GF Value™ of $12.06. GuruFocus considers SANUWAVE Health to be Possible Value Trap.

Key valuation signals for SNWV:

  • Cyclically Adjusted PS Ratio: 0.94 (80% below median its 10-year median of 4.65)
  • GF Value™: $12.06 vs. price of $6.39 (47% below fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 58.8% below the Medical Devices & Instruments median (#152 of 523)

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


SANUWAVE Health Business Description

Address 9600 W. 76th Street, Suite 118, Eden Prairie, MN, USA, 55344
SANUWAVE Health Inc is a medical device company providing directed energy products into the wound care space. It is focused on the commercialization of its patented regenerative medicine utilizing noninvasive ultrasound or shockwaves to produce a biological response promoting the repair and regeneration of tissue, musculoskeletal, and vascular structures. Sanuwave's patented, FDA-cleared, and commercialised product is the UltraMIST system, which is used to treat a variety of acute and chronic wounds using ultrasound technology. The company operates in one reportable segment, the design and sale of medical devices. Geographically, the company generates revenue mainly from the United States.
34GF Score

Get the complete analysis for SNWV

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

$6.39
Price
$12.06
GF Value