Devonian Health Group (TSXV:GSD) Cyclically Adjusted PS Ratio: 2.86 (As of Aug. 03, 2026) — Near Median

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TSXV:GSD Devonian Health Group Inc TSXV:GSD
39 GF Score
Price C$10.14
! 7 Warning Signs
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What is Devonian Health Group Cyclically Adjusted PS Ratio?

Devonian Health Group TSXV:GSD 39 Cyclically Adjusted PS Ratio is 2.86 as of Aug. 03, 2026, which is 9% below its 10-year median of 3.15. GuruFocus rates TSXV:GSD with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 538 Biotechnology companies, Devonian Health Group ranks better than 70.82% on this metric.

As of today (2026-08-03), Devonian Health Group's current share price is C$10.14. Devonian Health Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was C$3.54. Devonian Health Group's Cyclically Adjusted PS Ratio for today is 2.86.

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

TSXV:GSD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 3.15   Max: 6.79
Current: 2.12

During the past years, Devonian Health Group's highest Cyclically Adjusted PS Ratio was 6.79. The lowest was 1.76. And the median was 3.15.

TSXV:GSD's Cyclically Adjusted PS Ratio is ranked better than
70.82% of 538 companies
in the Biotechnology industry
Industry Median: 5.5 vs TSXV:GSD: 2.12

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.

Devonian Health Group's adjusted revenue per share data for the three months ended in Apr. 2026 was C$0.064. 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 C$3.54 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Devonian Health Group  (TSXV:GSD) 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.


Devonian Health Group Cyclically Adjusted PS Ratio Related Terms


Devonian Health Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Devonian Health Group'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.

Devonian Health Group Cyclically Adjusted PS Ratio Chart

Devonian Health Group Annual Data
Trend Jun16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.00 2.41

Devonian Health Group Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 2.87 2.41 2.77 3.21 3.36

TSXV:GSD vs VRTX, REGN, RVMD: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Devonian Health Group'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.


Devonian Health Group Cyclically Adjusted PS Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Devonian Health Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSXV:GSD
39GF Score
Devonian Health Group Inc TSXV:GSD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Devonian Health Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.14/3.54
=2.86

* 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.

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

For example, Devonian Health Group's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.064/132.7364*132.7364
=0.064

Current CPI (Apr. 2026) = 132.7364.

Devonian Health Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201707 0.000 103.029 0.000
201710 0.000 103.424 0.000
201801 0.000 104.056 0.000
201804 2.031 105.320 2.560
201807 0.968 106.110 1.211
201810 1.725 105.952 2.161
201901 0.329 105.557 0.414
201904 0.051 107.453 0.063
201907 -1.557 108.243 -1.909
201910 0.914 107.927 1.124
202001 0.350 108.085 0.430
202004 0.298 107.216 0.369
202007 0.238 108.401 0.291
202010 0.394 108.638 0.481
202101 0.243 109.192 0.295
202104 0.190 110.851 0.228
202107 0.215 112.431 0.254
202110 0.278 113.695 0.325
202201 0.292 114.801 0.338
202204 0.290 118.357 0.325
202207 0.280 120.964 0.307
202210 0.187 121.517 0.204
202301 0.205 121.596 0.224
202304 0.164 123.571 0.176
202307 0.438 124.914 0.465
202310 0.523 125.310 0.554
202401 1.168 125.072 1.240
202404 2.209 126.890 2.311
202407 4.107 128.075 4.256
202410 2.478 127.838 2.573
202501 3.574 127.443 3.722
202504 2.981 129.102 3.065
202507 0.518 130.290 0.528
202510 0.381 130.603 0.387
202601 0.176 130.366 0.179
202604 0.064 132.736 0.064

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 2.86 mean?
Devonian Health Group (TSXV:GSD) has a Cyclically Adjusted PS Ratio of 2.86 as of Aug. 03, 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 Devonian Health Group and its competitors. This is near median its historical median of 3.15. Over the past decade, Devonian Health Group's Cyclically Adjusted PS Ratio has ranged from 1.76 to 6.79. According to the industry distribution chart, Devonian Health Group ranks #157 out of 538 companies in the Biotechnology industry, placing it in the top 29.2%.
Is Devonian Health Group's Cyclically Adjusted PS Ratio too high?
Devonian Health Group's current Cyclically Adjusted PS Ratio of 2.86 is near median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 6.79. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.50. Devonian Health Group's value of 2.86 is 48% below this industry median. Based on the distribution chart, Devonian Health Group ranks #157 out of 538 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Devonian Health Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Devonian Health Group's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Devonian Health Group ranks #157 out of 538 companies for Cyclically Adjusted PS Ratio. This puts Devonian Health Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.50. Devonian Health Group's value of 2.86 is 48% below this benchmark. Historically, Devonian Health Group's own Cyclically Adjusted PS Ratio has ranged from 1.76 to 6.79 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 5.50, Devonian Health Group 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 Biotechnology company?
The median Cyclically Adjusted PS Ratio among Biotechnology companies is 5.50, based on 538 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. Devonian Health Group's current Cyclically Adjusted PS Ratio of 2.86 is 48% 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 Devonian Health Group and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devonian Health Group's current Cyclically Adjusted PS Ratio is 2.86, which is near median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devonian Health Group stock overvalued right now?
Devonian Health Group (TSXV:GSD) has a current Cyclically Adjusted PS Ratio of 2.86. The current Cyclically Adjusted PS Ratio is 2.86, which is near median its 10-year median of 3.15 and 48% below the Biotechnology industry median of 5.50. Devonian Health Group's overall GF Score™ is 39/100 with 7 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 Devonian Health Group (TSXV:GSD), the current Cyclically Adjusted PS Ratio is 2.86 as of Aug. 03, 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.

Devonian Health Group Business Description

Other Exchanges DVHGF:USA
Address 360, Rue des Entrepreneurs, Montmagny, QC, CAN, G5V 4T1
Devonian Health Group Inc is operating in the pharmaceutical sector. It is engaged in the development and distribution of botanical drugs. The group is also involved in the development of value-added products for dermo-cosmetics. It has established a research effort focused on the anticipation of new solutions in the medical sector as well as in the cosmetic sector. The company's technology platform, The Supra Molecular Complex Extraction and Stabilization Technology provides a process of extraction, purification, stabilization, and conditioning of molecular complexes, as active botanical ingredients, from plants and algae. Its product portfolio includes pharmaceuticals like Thykamine, Pantoprazole, and Cleo-35; and cosmeceutical products like R-Spinasome and Purgenesis.
39GF 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.

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