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NVCR (NovoCure) Cyclically Adjusted PS Ratio : 4.05 (As of Jun. 19, 2025)


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What is NovoCure Cyclically Adjusted PS Ratio?

As of today (2025-06-19), NovoCure's current share price is $16.80. NovoCure's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $4.15. NovoCure's Cyclically Adjusted PS Ratio for today is 4.05.

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

NVCR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.35   Med: 4.78   Max: 8.72
Current: 4.04

During the past years, NovoCure's highest Cyclically Adjusted PS Ratio was 8.72. The lowest was 3.35. And the median was 4.78.

NVCR's Cyclically Adjusted PS Ratio is ranked worse than
66.11% of 481 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs NVCR: 4.04

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.

NovoCure's adjusted revenue per share data for the three months ended in Mar. 2025 was $1.405. 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 $4.15 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


NovoCure Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NovoCure'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.

* Premium members only.

NovoCure Cyclically Adjusted PS Ratio Chart

NovoCure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 7.50

NovoCure Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.33 4.66 4.09 7.50 4.29

Competitive Comparison of NovoCure's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, NovoCure'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.


NovoCure's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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


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NovoCure 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.80/4.15
=4.05

* 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.

NovoCure's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, NovoCure's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.405/134.9266*134.9266
=1.405

Current CPI (Mar. 2025) = 134.9266.

NovoCure Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.079 100.684 0.106
201509 0.108 100.392 0.145
201512 0.148 99.792 0.200
201603 0.155 100.470 0.208
201606 0.210 101.688 0.279
201609 0.253 101.861 0.335
201612 0.349 101.863 0.462
201703 0.399 102.862 0.523
201706 0.435 103.349 0.568
201709 0.562 104.136 0.728
201712 0.600 104.011 0.778
201803 0.579 105.290 0.742
201806 0.674 106.317 0.855
201809 0.697 106.507 0.883
201812 0.749 105.998 0.953
201903 0.773 107.251 0.972
201906 0.900 108.070 1.124
201909 0.856 108.329 1.066
201912 0.999 108.420 1.243
202003 0.942 108.902 1.167
202006 1.077 108.767 1.336
202009 1.221 109.815 1.500
202012 1.295 109.897 1.590
202103 1.312 111.754 1.584
202106 1.290 114.631 1.518
202109 1.288 115.734 1.502
202112 1.282 117.630 1.471
202203 1.320 121.301 1.468
202206 1.346 125.017 1.453
202209 1.249 125.227 1.346
202212 1.223 125.222 1.318
202303 1.156 127.348 1.225
202306 1.186 128.729 1.243
202309 1.192 129.860 1.239
202312 1.251 129.419 1.304
202403 1.291 131.776 1.322
202406 1.396 132.554 1.421
202409 1.433 133.029 1.453
202412 1.489 133.157 1.509
202503 1.405 134.927 1.405

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.


NovoCure  (NAS:NVCR) 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.


NovoCure Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of NovoCure's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


NovoCure Business Description

Traded in Other Exchanges
Address
Grenville Street, No. 4 The Forum, Second Floor, St. Helier, JEY, JE2 4UF
NovoCure Ltd is an oncology company with a propreitary platform technology in United States. Its business involves the development, manufacture and commercialization of Tumor Treating Fields (TTFields) devices, including Optune Gio and Optune Lua, for the treatment of solid tumor cancers. Its pipeline consists of Trident, Lunar-2, Panova-3, Metis and other products and technologies for the treatment of Glioblastoma, Non-smell cell lung cancer and Pancreatic cancer. Geographically, the company derives majority of its revenue from the United States and rest from Germany, Japan and other markets.
Executives
Frank X Leonard officer: President, CNS Cancers US 20 VALLEY STREAM PARKWAY,, SUITE 300, MALVERN PA 19355
Ashley Cordova officer: Chief Financial Officer 20 VALLEY STREAM PARKWAY,, SUITE 300, MALVERN PA 19355
Uri Weinberg officer: Chief Innovation Officer NOVOCURE INC., 20 VALLEY STREAM PARKWAY, SUITE 300, MALVERN PA 19355
Michal Nath Puri officer: Chief Human Resources Officer BUSINESS VILLAGE D4, PARK 6/PLATZ10, ROOT V8 6039
W Anthony Vernon director C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, NEW YORK NY 10018
Gabriel Leung director C/O PERNIX THERAPEUTICS HOLDINGS, INC., 10 NORTH PARK PLACE, SUITE 201, MORRISTOWN NJ 07960
Timothy J Scannell director 2825 AIRVIEW BOULEVARD, KALAMAZOO MI 49002
Wilhelmus Cm Groenhuysen officer: Chief Financial Officer C/O NAVTEQ CORPORATION, 222 MERCHANDISE MART STE 900, CHICAGO IL 60654
Pritesh Shah officer: Chief Commercial Officer C/O NOVOCURE INC., 20 VALLEY STREAM PARKWAY, SUITE 300, MALVERN PA 19355
Arye Barak Ben officer: General Counsel TOPAZ BUILDING, 4TH FLOOR, MATAM CENTER, PO BOX 15022, SH'AR HACARMEL, HAIFA L3 31905
Kristin Stafford director 1550 LIBERTY RIDGE DRIVE, SUITE 115, WAYNE PA 19087
William Patrick Burke officer: Chief Human Resources Officer 195 COMMERCE WAY, PORTSMOUTH NH 03801
Allyson J Ocean director 1550 LIBERTY RIDGE DRIVE, SUITE 115, WAYNE PA 19087
Asaf Danziger director, officer: Chief Executive Officer 5 NACHUM CHAT ST., TIRAT HACARMEL L3 5112302
Ely Benaim officer: Chief Medical Officer C/O REXAHN PHARMACEUTICALS, INC., 15245 SHADY GROVE ROAD, SUITE 455, ROCKVILLE MD 20850