Lineage Cell Therapeutics (XTAE:LCTX) Cyclically Adjusted PS Ratio: 25.90 (As of Sep. 11, 2026) — 39% Below Median

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XTAE:LCTX Lineage Cell Therapeutics Inc XTAE:LCTX
61 GF Score
Price ₪3.11
GF Value ₪3.50
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Lineage Cell Therapeutics Cyclically Adjusted PS Ratio?

Lineage Cell Therapeutics XTAE:LCTX -6.69% 61 Cyclically Adjusted PS Ratio is 25.90 as of Sep. 11, 2026, which is 39% below its 10-year median of 42.75. GuruFocus rates XTAE:LCTX with a GF Score™ of 61/100 and a GF Value™ of ₪3.50 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 523 Biotechnology companies, Lineage Cell Therapeutics ranks worse than 85.09% on this metric.

As of today (2026-09-11), Lineage Cell Therapeutics's current share price is ₪3.108. Lineage Cell Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ₪0.12. Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio for today is 25.90.

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

XTAE:LCTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 13.67   Med: 42.75   Max: 139.5
Current: 26.68

During the past years, Lineage Cell Therapeutics's highest Cyclically Adjusted PS Ratio was 139.50. The lowest was 13.67. And the median was 42.75.

XTAE:LCTX's Cyclically Adjusted PS Ratio is ranked worse than
85.09% of 523 companies
in the Biotechnology industry
Industry Median: 5.95 vs XTAE:LCTX: 26.68

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.

Lineage Cell Therapeutics's adjusted revenue per share data for the three months ended in Jun. 2026 was ₪0.012. 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 ₪0.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lineage Cell Therapeutics  (XTAE:LCTX) 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.


Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Related Terms


Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lineage Cell Therapeutics'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.

Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Chart

Lineage Cell Therapeutics 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 89.83 34.98 33.06 14.51 44.52

Lineage Cell Therapeutics 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 25.63 47.27 44.52 41.48 34.27

XTAE:LCTX vs IVVD, ALXO, AVXL: Cyclically Adjusted PS Ratio Comparison

For the Biotechnology subindustry, Lineage Cell Therapeutics'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.


Lineage Cell Therapeutics Cyclically Adjusted PS Ratio vs Biotechnology Industry

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

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


XTAE:LCTX
61GF Score
Lineage Cell Therapeutics Inc XTAE:LCTX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lineage Cell Therapeutics 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.

Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.108/0.12
=25.90

* 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.

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

For example, Lineage Cell Therapeutics'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)
=0.012/333.9520*333.9520
=0.012

Current CPI (Jun. 2026) = 333.9520.

Lineage Cell Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.011 241.428 0.015
201612 0.022 241.432 0.030
201703 0.011 243.801 0.015
201706 0.010 244.955 0.014
201709 0.012 246.819 0.016
201712 0.014 246.524 0.019
201803 0.009 249.554 0.012
201806 0.015 251.989 0.020
201809 0.006 252.439 0.008
201812 0.004 251.233 0.005
201903 0.004 254.202 0.005
201906 0.005 256.143 0.007
201909 0.004 256.759 0.005
201912 0.017 256.974 0.022
202003 0.003 258.115 0.004
202006 0.002 257.797 0.003
202009 0.007 260.280 0.009
202012 0.003 260.474 0.004
202103 0.006 264.877 0.008
202106 0.008 271.696 0.010
202109 0.040 274.310 0.049
202112 0.017 278.802 0.020
202203 0.094 287.504 0.109
202206 0.082 296.311 0.092
202209 0.054 296.808 0.061
202212 0.034 296.797 0.038
202303 0.043 301.836 0.048
202306 0.058 305.109 0.063
202309 0.022 307.789 0.024
202312 0.036 306.746 0.039
202403 0.024 312.332 0.026
202406 0.023 314.175 0.024
202409 0.061 315.301 0.065
202412 0.036 315.605 0.038
202503 0.020 319.799 0.021
202506 0.037 322.561 0.038
202509 0.049 324.800 0.050
202512 0.085 324.054 0.088
202603 0.020 330.213 0.020
202606 0.012 333.952 0.012

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 25.90 mean?
Lineage Cell Therapeutics (XTAE:LCTX) has a Cyclically Adjusted PS Ratio of 25.90 as of Sep. 11, 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 Lineage Cell Therapeutics and its competitors. This is 39% below median its historical median of 42.75. Over the past decade, Lineage Cell Therapeutics' Cyclically Adjusted PS Ratio has ranged from 13.67 to 139.50. According to the industry distribution chart, Lineage Cell Therapeutics ranks #445 out of 523 companies in the Biotechnology industry, placing it in the top 85.1%.
Is Lineage Cell Therapeutics' Cyclically Adjusted PS Ratio too high?
Lineage Cell Therapeutics' current Cyclically Adjusted PS Ratio of 25.90 is 39% below median its 10-year median of 42.75. Over the past 10 years, this metric has ranged from a low of 13.67 to a high of 139.50. The Biotechnology industry median Cyclically Adjusted PS Ratio is 5.95. Lineage Cell Therapeutics' value of 25.90 is 335.3% above this industry median. Based on the distribution chart, Lineage Cell Therapeutics ranks #445 out of 523 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Lineage Cell Therapeutics has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lineage Cell Therapeutics' Cyclically Adjusted PS Ratio compare to IVVD and ALXO?
According to the Biotechnology industry distribution chart, Lineage Cell Therapeutics ranks #445 out of 523 companies for Cyclically Adjusted PS Ratio. This places Lineage Cell Therapeutics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.95. Lineage Cell Therapeutics' value of 25.90 is 335.3% above this benchmark. Historically, Lineage Cell Therapeutics' own Cyclically Adjusted PS Ratio has ranged from 13.67 to 139.50 over the past decade. While the company's 10-year median is 42.75 vs. the industry median of 5.95, Lineage Cell Therapeutics 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 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. Lineage Cell Therapeutics's current Cyclically Adjusted PS Ratio of 25.90 is 335.3% 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 Lineage Cell Therapeutics 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. Lineage Cell Therapeutics's current Cyclically Adjusted PS Ratio is 25.90, which is 39% below median its own 10-year median of 42.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lineage Cell Therapeutics stock overvalued right now?
Based on GuruFocus' analysis, Lineage Cell Therapeutics (XTAE:LCTX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₪3.50, compared to a current price of ₪3.11 — trading 11.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 25.90, which is 39% below median its 10-year median of 42.75 and 335.3% above the Biotechnology industry median of 5.95. Lineage Cell Therapeutics' overall GF Score™ is 61/100 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 Lineage Cell Therapeutics (XTAE:LCTX), the current Cyclically Adjusted PS Ratio is 25.90 as of Sep. 11, 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 Lineage Cell Therapeutics (XTAE:LCTX) Overvalued in 2026?

Based on GuruFocus' analysis, Lineage Cell Therapeutics stock appears to be undervalued. The current stock price of ₪3.11 is trading 11.2% below its estimated GF Value™ of ₪3.50. GuruFocus considers Lineage Cell Therapeutics to be Modestly Undervalued.

Key valuation signals for XTAE:LCTX:

  • Cyclically Adjusted PS Ratio: 25.90 (39% below median its 10-year median of 42.75)
  • GF Value™: ₪3.50 vs. price of ₪3.11 (11.2% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 335.3% above the Biotechnology median (#445 of 523)

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


Lineage Cell Therapeutics Business Description

Other Exchanges LCTX:USABT3:Germany
Address 2173 Salk Avenue, Suite 200, Carlsbad, CA, USA, 92008
Lineage Cell Therapeutics Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel therapies for the treatment of degenerative diseases. The company's pipeline currently includes: OpRegen, OPC1, ReSonance, ILT1, RND1, PNC1, and LCT-CON. Its programs are based on its proprietary, in-house, cell-based manufacturing platform, which it call AlloSCOPE (Allogeneic, Scalable, Consistent, Off-the-shelf, Pluripotent Cell Engineering), and supported by its associated development, formulation, manufacturing, and delivery capabilities. The AlloSCOPE platform is a proprietary differentiation and production modality from which, a single, well-characterized pluripotent cell line can create a stable current Good Manufacturing Practice, master cell bank.
61GF Score

Get the complete analysis for XTAE:LCTX

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

₪3.11
Price
₪3.50
GF Value