Pharmena (WAR:PHR) Cyclically Adjusted PS Ratio: 2.36 (As of Sep. 09, 2026) — 25% Below Median

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WAR:PHR Pharmena SA WAR:PHR
52 GF Score
Price zł3.35
GF Value zł5.30
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Pharmena Cyclically Adjusted PS Ratio?

Pharmena WAR:PHR +3.08% 52 Cyclically Adjusted PS Ratio is 2.36 as of Sep. 09, 2026, which is 25% below its 10-year median of 3.16. GuruFocus rates WAR:PHR with a GF Score™ of 52/100 and a GF Value™ of zł5.30 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 523 Biotechnology companies, Pharmena ranks better than 70.75% on this metric.

As of today (2026-09-09), Pharmena's current share price is zł3.35. Pharmena's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was zł1.42. Pharmena's Cyclically Adjusted PS Ratio for today is 2.36.

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

WAR:PHR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.61   Med: 3.16   Max: 7.76
Current: 2.3

During the past years, Pharmena's highest Cyclically Adjusted PS Ratio was 7.76. The lowest was 1.61. And the median was 3.16.

WAR:PHR's Cyclically Adjusted PS Ratio is ranked better than
70.75% of 523 companies
in the Biotechnology industry
Industry Median: 5.95 vs WAR:PHR: 2.30

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.

Pharmena's adjusted revenue per share data for the three months ended in Jun. 2026 was zł0.022. 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 zł1.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pharmena  (WAR:PHR) 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.


Pharmena Cyclically Adjusted PS Ratio Related Terms


Pharmena Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pharmena'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.

Pharmena Cyclically Adjusted PS Ratio Chart

Pharmena 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 4.71 2.81 3.71 2.18 1.73

Pharmena Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.99 2.23 1.73 2.18 2.22

WAR:PHR vs VRTX, REGN, MRNA: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Pharmena'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.


Pharmena Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


WAR:PHR
52GF Score
Pharmena SA WAR:PHR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pharmena 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.35/1.42
=2.36

* 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.

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

For example, Pharmena's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.022/162.2800*162.2800
=0.022

Current CPI (Jun. 2026) = 162.2800.

Pharmena Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.486 99.064 0.796
201612 0.523 100.366 0.846
201703 0.292 101.018 0.469
201706 0.382 101.180 0.613
201709 0.313 101.343 0.501
201712 0.369 102.564 0.584
201803 0.420 102.564 0.665
201806 0.310 103.378 0.487
201809 0.385 103.378 0.604
201812 0.367 103.785 0.574
201903 0.365 104.274 0.568
201906 0.228 105.983 0.349
201909 0.307 105.983 0.470
201912 0.218 107.123 0.330
202003 0.231 109.076 0.344
202006 0.167 109.402 0.248
202009 0.274 109.320 0.407
202012 0.231 109.565 0.342
202103 0.296 112.658 0.426
202106 0.313 113.960 0.446
202109 0.359 115.588 0.504
202112 0.398 119.088 0.542
202203 0.326 125.031 0.423
202206 -0.311 131.705 -0.383
202209 0.000 135.531 0.000
202212 1.694 139.113 1.976
202303 0.014 145.950 0.016
202306 0.001 147.009 0.001
202309 0.000 146.113 0.000
202312 0.097 147.741 0.107
202403 0.001 149.044 0.001
202406 0.013 150.997 0.014
202409 0.002 153.439 0.002
202412 0.008 154.660 0.008
202503 0.035 157.021 0.036
202506 0.035 157.509 0.036
202509 0.037 158.000 0.038
202512 0.035 158.320 0.036
202603 0.038 163.070 0.038
202606 0.022 162.280 0.022

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 2.36 mean?
Pharmena (WAR:PHR) has a Cyclically Adjusted PS Ratio of 2.36 as of Sep. 09, 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 Pharmena and its competitors. This is 25% below median its historical median of 3.16. Over the past decade, Pharmena's Cyclically Adjusted PS Ratio has ranged from 1.61 to 7.76. According to the industry distribution chart, Pharmena ranks #153 out of 523 companies in the Biotechnology industry, placing it in the top 29.3%.
Is Pharmena's Cyclically Adjusted PS Ratio too high?
Pharmena's current Cyclically Adjusted PS Ratio of 2.36 is 25% below median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 7.76. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.95. Pharmena's value of 2.36 is 60.3% below this industry median. Based on the distribution chart, Pharmena ranks #153 out of 523 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Pharmena has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pharmena's Cyclically Adjusted PS Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Pharmena ranks #153 out of 523 companies for Cyclically Adjusted PS Ratio. This puts Pharmena in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.95. Pharmena's value of 2.36 is 60.3% below this benchmark. Historically, Pharmena's own Cyclically Adjusted PS Ratio has ranged from 1.61 to 7.76 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 5.95, Pharmena 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 5.95, 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. Pharmena's current Cyclically Adjusted PS Ratio of 2.36 is 60.3% 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 Pharmena and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PS Ratio is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pharmena's current Cyclically Adjusted PS Ratio is 2.36, which is 25% below median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pharmena stock overvalued right now?
Based on GuruFocus' analysis, Pharmena (WAR:PHR) is currently considered Possible Value Trap. The stock's GF Value™ is zł5.30, compared to a current price of zł3.35 — trading 36.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.36, which is 25% below median its 10-year median of 3.16 and 60.3% below the Biotechnology industry median of 5.95. Pharmena's overall GF Score™ is 52/100 with 4 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 Pharmena (WAR:PHR), the current Cyclically Adjusted PS Ratio is 2.36 as of Sep. 09, 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 Pharmena (WAR:PHR) Overvalued in 2026?

Based on GuruFocus' analysis, Pharmena stock appears to be undervalued. The current stock price of zł3.35 is trading 36.8% below its estimated GF Value™ of zł5.30. GuruFocus considers Pharmena to be Possible Value Trap.

Key valuation signals for WAR:PHR:

  • Cyclically Adjusted PS Ratio: 2.36 (25% below median its 10-year median of 3.16)
  • GF Value™: zł5.30 vs. price of zł3.35 (36.8% below fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 60.3% below the Biotechnology median (#153 of 523)

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


Pharmena Business Description

Address Ulica Wolczanska 178, Lodz, POL, 90-530
Pharmena SA produces cosmeceuticals and pharmaceuticals. The company's activity focuses on three areas such as research in the USA and Canada on the application of selected pyridinium salts in medicine in order to develop an anti-atherosclerosis drug on a global scale, Production and sales of innovative patented dermocosmetics and introduction into the market of an innovative dietary supplement for atherosclerosis prophylaxis. Its products include Menavitin, Dermena, Allerco and Thermi.
52GF Score

Get the complete analysis for WAR:PHR

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

zł3.35
Price
zł5.30
GF Value