Quest Diagnostics (BSP:Q1UE34) Cyclically Adjusted PS Ratio: 2.96 (As of Sep. 06, 2026) — 44% Above Median

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BSP:Q1UE34 Quest Diagnostics Inc BSP:Q1UE34
75 GF Score
Price R$613.80
GF Value R$507.03
! 7 Warning Signs
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What is Quest Diagnostics Cyclically Adjusted PS Ratio?

Quest Diagnostics BSP:Q1UE34 75 Cyclically Adjusted PS Ratio is 2.96 as of Sep. 06, 2026, which is 44% above its 10-year median of 2.05. GuruFocus rates BSP:Q1UE34 with a GF Score™ of 75/100 and a GF Value™ of R$507.03. The stock has 7 warning signs investors should review. Among 135 Medical Diagnostics & Research companies, Quest Diagnostics ranks worse than 59.26% on this metric.

As of today (2026-09-06), Quest Diagnostics's current share price is R$613.80. Quest Diagnostics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$207.56. Quest Diagnostics's Cyclically Adjusted PS Ratio for today is 2.96.

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

BSP:Q1UE34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.05   Max: 2.79
Current: 2.71

During the past years, Quest Diagnostics's highest Cyclically Adjusted PS Ratio was 2.79. The lowest was 1.36. And the median was 2.05.

BSP:Q1UE34's Cyclically Adjusted PS Ratio is ranked worse than
59.26% of 135 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.06 vs BSP:Q1UE34: 2.71

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.

Quest Diagnostics's adjusted revenue per share data for the three months ended in Jun. 2026 was R$69.610. 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 R$207.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Quest Diagnostics  (BSP:Q1UE34) 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.


Quest Diagnostics Cyclically Adjusted PS Ratio Related Terms


Quest Diagnostics Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Quest Diagnostics'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.

Quest Diagnostics Cyclically Adjusted PS Ratio Chart

Quest Diagnostics 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 2.73 2.24 1.85 1.92 2.08

Quest Diagnostics 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 2.20 2.30 2.08 2.29 2.42

BSP:Q1UE34 vs LH, MTD, GH: Cyclically Adjusted PS Ratio Comparison

For the Diagnostics & Research subindustry, Quest Diagnostics'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.


Quest Diagnostics Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Quest Diagnostics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:Q1UE34
75GF Score
Quest Diagnostics Inc BSP:Q1UE34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Quest Diagnostics 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.

Quest Diagnostics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=613.80/207.56
=2.96

* 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.

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

For example, Quest Diagnostics'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)
=69.61/333.9520*333.9520
=69.610

Current CPI (Jun. 2026) = 333.9520.

Quest Diagnostics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 21.593 241.428 29.868
201612 18.821 241.432 26.033
201703 20.151 243.801 27.602
201706 21.938 244.955 29.909
201709 20.764 246.819 28.094
201712 21.947 246.524 29.730
201803 22.222 249.554 29.737
201806 26.031 251.989 34.498
201809 27.918 252.439 36.933
201812 25.689 251.233 34.147
201903 26.701 254.202 35.078
201906 27.684 256.143 36.094
201909 29.408 256.759 38.249
201912 29.063 256.974 37.769
202003 32.973 258.115 42.661
202006 34.850 257.797 45.145
202009 54.907 260.280 70.448
202012 56.781 260.474 72.799
202103 56.768 264.877 71.572
202106 50.483 271.696 62.051
202109 58.576 274.310 71.312
202112 62.068 278.802 74.346
202203 53.692 287.504 62.366
202206 52.025 296.311 58.634
202209 55.236 296.808 62.149
202212 53.207 296.797 59.868
202303 53.722 301.836 59.438
202306 49.772 305.109 54.477
202309 49.712 307.789 53.938
202312 50.048 306.746 54.487
202403 52.599 312.332 56.240
202406 57.636 314.175 61.264
202409 60.965 315.301 64.571
202412 68.926 315.605 72.933
202503 67.569 319.799 70.559
202506 67.752 322.561 70.145
202509 66.824 324.800 68.707
202512 67.738 324.054 69.807
202603 67.588 330.213 68.353
202606 69.610 333.952 69.610

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 2.96 mean?
Quest Diagnostics (BSP:Q1UE34) has a Cyclically Adjusted PS Ratio of 2.96 as of Sep. 06, 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 Quest Diagnostics and its competitors. This is 44% above median its historical median of 2.05. Over the past decade, Quest Diagnostics' Cyclically Adjusted PS Ratio has ranged from 1.36 to 2.79. According to the industry distribution chart, Quest Diagnostics ranks #80 out of 135 companies in the Medical Diagnostics & Research industry, placing it in the top 59.3%.
Is Quest Diagnostics' Cyclically Adjusted PS Ratio too high?
Quest Diagnostics' current Cyclically Adjusted PS Ratio of 2.96 is 44% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 2.79. The Medical Diagnostics & Research industry median Cyclically Adjusted PS Ratio is 2.06. Quest Diagnostics' value of 2.96 is 43.7% above this industry median. Based on the distribution chart, Quest Diagnostics ranks #80 out of 135 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Quest Diagnostics has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Quest Diagnostics' Cyclically Adjusted PS Ratio compare to LH and MTD?
According to the Medical Diagnostics & Research industry distribution chart, Quest Diagnostics ranks #80 out of 135 companies for Cyclically Adjusted PS Ratio. This places Quest Diagnostics in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.06. Quest Diagnostics' value of 2.96 is 43.7% above this benchmark. Historically, Quest Diagnostics' own Cyclically Adjusted PS Ratio has ranged from 1.36 to 2.79 over the past decade. While the company's 10-year median is 2.05 vs. the industry median of 2.06, Quest Diagnostics 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PS Ratio among Medical Diagnostics & Research companies is 2.06, based on 135 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. Quest Diagnostics's current Cyclically Adjusted PS Ratio of 2.96 is 43.7% 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 Quest Diagnostics and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PS Ratio is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quest Diagnostics's current Cyclically Adjusted PS Ratio is 2.96, which is 44% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Diagnostics stock overvalued right now?
Quest Diagnostics (BSP:Q1UE34) has a current Cyclically Adjusted PS Ratio of 2.96. The stock's GF Value™ is R$507.03, compared to a current price of R$613.80 — trading 21.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.96, which is 44% above median its 10-year median of 2.05 and 43.7% above the Medical Diagnostics & Research industry median of 2.06. Quest Diagnostics' overall GF Score™ is 75/100 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 Quest Diagnostics (BSP:Q1UE34), the current Cyclically Adjusted PS Ratio is 2.96 as of Sep. 06, 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 Quest Diagnostics (BSP:Q1UE34) Overvalued in 2026?

Based on GuruFocus' analysis, Quest Diagnostics stock appears to be overvalued. The current stock price of R$613.80 is trading 21.1% above its estimated GF Value™ of R$507.03.

Key valuation signals for BSP:Q1UE34:

  • Cyclically Adjusted PS Ratio: 2.96 (44% above median its 10-year median of 2.05)
  • GF Value™: R$507.03 vs. price of R$613.80 (21.1% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 43.7% above the Medical Diagnostics & Research median (#80 of 135)

No single metric tells the full story. See the BSP:Q1UE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quest Diagnostics Business Description

Address 500 Plaza Drive, Secaucus, NJ, USA, 07094
Quest Diagnostics is a leading independent provider of diagnostic testing, information, and services in the US. The company generates over 97% of its revenue through clinical testing, anatomic pathology, esoteric testing, and substance abuse testing with specimens collected at its national network of roughly 2,400 patient service centers, as well as multiple doctors offices and hospitals. The firm also runs a much smaller diagnostic solutions segment that provides clinical trials testing, risk-assessment services, and information technology solutions.
75GF 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.

R$613.80
Price
R$507.03
GF Value