BAYZF (Bayer AG) Cyclically Adjusted PS Ratio: 0.89 (As of Jul. 17, 2026) — 18% Below Median

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BAYZF Bayer AG BAYZF
59 GF Score
Price $54.96
GF Value $31.79
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bayer AG Cyclically Adjusted PS Ratio?

Bayer AG BAYZF 59 Cyclically Adjusted PS Ratio is 0.89 as of Jul. 17, 2026, which is 18% below its 10-year median of 1.08. GuruFocus rates BAYZF with a GF Score™ of 59/100 and a GF Value™ of $31.79 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 752 Drug Manufacturers companies, Bayer AG ranks better than 71.41% on this metric.

As of today (2026-07-17), Bayer AG's current share price is $54.96. Bayer AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $61.61. Bayer AG's Cyclically Adjusted PS Ratio for today is 0.89.

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

BAYZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.08   Max: 2.52
Current: 0.95

During the past years, Bayer AG's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 0.35. And the median was 1.08.

BAYZF's Cyclically Adjusted PS Ratio is ranked better than
71.41% of 752 companies
in the Drug Manufacturers industry
Industry Median: 2 vs BAYZF: 0.95

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.

Bayer AG's adjusted revenue per share data for the three months ended in Mar. 2026 was $15.774. 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 $61.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayer AG  (OTCPK:BAYZF) 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.


Bayer AG Cyclically Adjusted PS Ratio Related Terms


Bayer AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bayer AG'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.

Bayer AG Cyclically Adjusted PS Ratio Chart

Bayer AG 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 0.94 0.90 0.62 0.36 0.70

Bayer AG 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 0.41 0.48 0.53 0.70 0.74

BAYZF vs LLY, JNJ, ABBV: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, Bayer AG'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.


Bayer AG Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


BAYZF
59GF Score
Bayer AG BAYZF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bayer AG 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.

Bayer AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.96/61.61
=0.89

* 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.

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

For example, Bayer AG'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)
=15.774/131.2583*131.2583
=15.774

Current CPI (Mar. 2026) = 131.2583.

Bayer AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 16.078 100.717 20.954
201609 11.208 101.017 14.563
201612 10.960 101.217 14.213
201703 11.881 101.417 15.377
201706 11.061 102.117 14.217
201709 10.801 102.717 13.802
201712 11.488 102.617 14.694
201803 12.724 102.917 16.228
201806 12.096 104.017 15.264
201809 11.025 104.718 13.819
201812 12.013 104.217 15.130
201903 14.124 104.217 17.789
201906 12.330 105.718 15.309
201909 11.020 106.018 13.644
201912 12.158 105.818 15.081
202003 14.447 105.718 17.937
202006 11.525 106.618 14.189
202009 10.198 105.818 12.650
202012 12.377 105.518 15.396
202103 14.939 107.518 18.238
202106 13.311 108.486 16.105
202109 11.713 109.435 14.049
202112 12.788 110.384 15.206
202203 16.411 113.968 18.901
202206 13.793 115.760 15.640
202209 11.369 118.818 12.559
202212 12.939 119.345 14.231
202303 15.681 122.402 16.816
202306 12.179 123.140 12.982
202309 11.235 124.195 11.874
202312 13.167 123.773 13.963
202403 15.230 125.038 15.988
202406 12.210 125.882 12.732
202409 11.261 126.198 11.713
202412 12.501 127.041 12.916
202503 15.118 127.779 15.530
202506 12.608 128.412 12.887
202509 11.541 129.255 11.720
202512 13.633 129.361 13.833
202603 15.774 131.258 15.774

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 0.89 mean?
Bayer AG (BAYZF) has a Cyclically Adjusted PS Ratio of 0.89 as of Jul. 17, 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 Bayer AG and its competitors. This is 18% below median its historical median of 1.08. Over the past decade, Bayer AG's Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.52. According to the industry distribution chart, Bayer AG ranks #215 out of 752 companies in the Drug Manufacturers industry, placing it in the top 28.6%.
Is Bayer AG's Cyclically Adjusted PS Ratio too high?
Bayer AG's current Cyclically Adjusted PS Ratio of 0.89 is 18% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.52. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.00. Bayer AG's value of 0.89 is 55.5% below this industry median. Based on the distribution chart, Bayer AG ranks #215 out of 752 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Bayer AG has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bayer AG's Cyclically Adjusted PS Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Bayer AG ranks #215 out of 752 companies for Cyclically Adjusted PS Ratio. This puts Bayer AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.00. Bayer AG's value of 0.89 is 55.5% below this benchmark. Historically, Bayer AG's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.52 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.00, Bayer AG 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.00, based on 752 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. Bayer AG's current Cyclically Adjusted PS Ratio of 0.89 is 55.5% 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 Bayer AG and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayer AG's current Cyclically Adjusted PS Ratio is 0.89, which is 18% below median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayer AG stock overvalued right now?
Based on GuruFocus' analysis, Bayer AG (BAYZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $31.79, compared to a current price of $54.96 — trading 72.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.89, which is 18% below median its 10-year median of 1.08 and 55.5% below the Drug Manufacturers industry median of 2.00. Bayer AG's overall GF Score™ is 59/100 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 Bayer AG (BAYZF), the current Cyclically Adjusted PS Ratio is 0.89 as of Jul. 17, 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 Bayer AG (BAYZF) Overvalued in 2026?

Based on GuruFocus' analysis, Bayer AG stock appears to be overvalued. The current stock price of $54.96 is trading 72.9% above its estimated GF Value™ of $31.79. GuruFocus considers Bayer AG to be Significantly Overvalued.

Key valuation signals for BAYZF:

  • Cyclically Adjusted PS Ratio: 0.89 (18% below median its 10-year median of 1.08)
  • GF Value™: $31.79 vs. price of $54.96 (72.9% above fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 55.5% below the Drug Manufacturers median (#215 of 752)

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


Bayer AG Business Description

Address Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368
Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs (about 38% of total sales in 2025) as well as vitamins and other consumer healthcare products (13% of total). The firm's crop science business (47% of total) sells seeds, pesticides, herbicides, and fungicides, which was expanded through its 2018 acquisition of Monsanto.
59GF 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.

$54.96
Price
$31.79
GF Value