ABBV (AbbVie) Cyclically Adjusted PS Ratio: 7.83 (As of Jul. 11, 2026) — 23% Above Median


ABBV AbbVie Inc ABBV
81 GF Score
Price $248.08
GF Value $212.19
Valuation Modestly Overvalued
! 4 Warning Signs
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What is AbbVie Cyclically Adjusted PS Ratio?

AbbVie ABBV -0.73% 81 Cyclically Adjusted PS Ratio is 7.83 as of Jul. 11, 2026, which is 23% above its 10-year median of 6.35. GuruFocus rates ABBV with a GF Score™ of 81/100 and a GF Value™ of $212.19 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 750 Drug Manufacturers companies, AbbVie ranks worse than 88% on this metric.

As of today (2026-07-11), AbbVie's current share price is $248.08. AbbVie's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $31.67. AbbVie's Cyclically Adjusted PS Ratio for today is 7.83.

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

ABBV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.91   Med: 6.35   Max: 8.24
Current: 7.89

During the past years, AbbVie's highest Cyclically Adjusted PS Ratio was 8.24. The lowest was 4.91. And the median was 6.35.

ABBV's Cyclically Adjusted PS Ratio is ranked worse than
88% of 750 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs ABBV: 7.89

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.

AbbVie's adjusted revenue per share data for the three months ended in Mar. 2026 was $8.457. 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 $31.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AbbVie  (NYSE:ABBV) 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.


AbbVie Cyclically Adjusted PS Ratio Related Terms


AbbVie Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AbbVie'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.

AbbVie Cyclically Adjusted PS Ratio Chart

AbbVie 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 6.55 6.79 5.93 6.25 7.43

AbbVie 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 7.19 6.23 7.61 7.43 6.87

ABBV vs MRK, JNJ, AMGN: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, AbbVie'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.


AbbVie Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


ABBV
81GF Score
AbbVie Inc ABBV
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AbbVie 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=248.08/31.67
=7.83

* 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.

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

For example, AbbVie'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)
=8.457/330.2130*330.2130
=8.457

Current CPI (Mar. 2026) = 330.2130.

AbbVie Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.953 241.018 5.416
201609 3.922 241.428 5.364
201612 4.182 241.432 5.720
201703 4.079 243.801 5.525
201706 4.340 244.955 5.851
201709 4.364 246.819 5.838
201712 4.819 246.524 6.455
201803 4.971 249.554 6.578
201806 5.266 251.989 6.901
201809 5.436 252.439 7.111
201812 5.533 251.233 7.272
201903 5.278 254.202 6.856
201906 5.563 256.143 7.172
201909 5.717 256.759 7.353
201912 5.853 256.974 7.521
202003 5.808 258.115 7.430
202006 6.330 257.797 8.108
202009 7.273 260.280 9.227
202012 7.781 260.474 9.864
202103 7.330 264.877 9.138
202106 7.860 271.696 9.553
202109 8.071 274.310 9.716
202112 8.363 278.802 9.905
202203 7.614 287.504 8.745
202206 8.211 296.311 9.150
202209 8.340 296.808 9.279
202212 8.490 296.797 9.446
202303 6.883 301.836 7.530
202306 7.829 305.109 8.473
202309 7.864 307.789 8.437
202312 8.052 306.746 8.668
202403 6.943 312.332 7.340
202406 8.166 314.175 8.583
202409 8.160 315.301 8.546
202412 8.503 315.605 8.897
202503 7.530 319.799 7.775
202506 8.709 322.561 8.916
202509 8.903 324.800 9.051
202512 9.357 324.054 9.535
202603 8.457 330.213 8.457

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 7.83 mean?
AbbVie (ABBV) has a Cyclically Adjusted PS Ratio of 7.83 as of Jul. 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 AbbVie and its competitors. This is 23% above median its historical median of 6.35. Over the past decade, AbbVie's Cyclically Adjusted PS Ratio has ranged from 4.91 to 8.24. According to the industry distribution chart, AbbVie ranks #660 out of 750 companies in the Drug Manufacturers industry, placing it in the top 88%.
Is AbbVie's Cyclically Adjusted PS Ratio too high?
AbbVie's current Cyclically Adjusted PS Ratio of 7.83 is 23% above median its 10-year median of 6.35. Over the past 10 years, this metric has ranged from a low of 4.91 to a high of 8.24. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.01. AbbVie's value of 7.83 is 289.6% above this industry median. Based on the distribution chart, AbbVie ranks #660 out of 750 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, AbbVie has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AbbVie's Cyclically Adjusted PS Ratio compare to MRK and JNJ?
According to the Drug Manufacturers industry distribution chart, AbbVie ranks #660 out of 750 companies for Cyclically Adjusted PS Ratio. This places AbbVie in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.01. AbbVie's value of 7.83 is 289.6% above this benchmark. Historically, AbbVie's own Cyclically Adjusted PS Ratio has ranged from 4.91 to 8.24 over the past decade. While the company's 10-year median is 6.35 vs. the industry median of 2.01, AbbVie 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.01, based on 750 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. AbbVie's current Cyclically Adjusted PS Ratio of 7.83 is 289.6% 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 AbbVie and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AbbVie's current Cyclically Adjusted PS Ratio is 7.83, which is 23% above median its own 10-year median of 6.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AbbVie stock overvalued right now?
Based on GuruFocus' analysis, AbbVie (ABBV) is currently considered Modestly Overvalued. The stock's GF Value™ is $212.19, compared to a current price of $248.08 — trading 16.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.83, which is 23% above median its 10-year median of 6.35 and 289.6% above the Drug Manufacturers industry median of 2.01. AbbVie's overall GF Score™ is 81/100 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 AbbVie (ABBV), the current Cyclically Adjusted PS Ratio is 7.83 as of Jul. 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 AbbVie (ABBV) Overvalued in 2026?

Based on GuruFocus' analysis, AbbVie stock appears to be overvalued. The current stock price of $248.08 is trading 16.9% above its estimated GF Value™ of $212.19. GuruFocus considers AbbVie to be Modestly Overvalued.

Key valuation signals for ABBV:

  • Cyclically Adjusted PS Ratio: 7.83 (23% above median its 10-year median of 6.35)
  • GF Value™: $212.19 vs. price of $248.08 (16.9% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 289.6% above the Drug Manufacturers median (#660 of 750)

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


AbbVie Business Description

Address 1 North Waukegan Road, North Chicago, IL, USA, 60064-6400
AbbVie is a pharmaceutical firm with a strong exposure to immunology (with Humira, Skyrizi, and Rinvoq) and oncology (with Imbruvica and Venclexta). The company was spun off from Abbott in early 2013. The 2020 acquisition of Allergan added several new products and drugs in aesthetics, including Botox. The 2024 acquisitions of Cerevel (neuroscience) and ImmunoGen (oncology) help supplement AbbVie's portfolio.
81GF 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.

$248.08
Price
$212.19
GF Value