AstraZeneca (BUE:AZN) Cyclically Adjusted PS Ratio: 5.11 (As of Aug. 19, 2026) — Near Median

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BUE:AZN AstraZeneca PLC BUE:AZN
76 GF Score
Price ARS63,225.00
GF Value ARS71,579.31
Valuation Modestly Undervalued
! 1 Warning Sign
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What is AstraZeneca Cyclically Adjusted PS Ratio?

AstraZeneca BUE:AZN +2.72% 76 Cyclically Adjusted PS Ratio is 5.11 as of Aug. 19, 2026, which is 4% below its 10-year median of 5.33. GuruFocus rates BUE:AZN with a GF Score™ of 76/100 and a GF Value™ of ARS71,579.31 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 751 Drug Manufacturers companies, AstraZeneca ranks worse than 77.5% on this metric.

As of today (2026-08-19), AstraZeneca's current share price is ARS63225.00. AstraZeneca's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS12,381.63. AstraZeneca's Cyclically Adjusted PS Ratio for today is 5.11.

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

BUE:AZN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.82   Med: 5.33   Max: 6.86
Current: 5

During the past years, AstraZeneca's highest Cyclically Adjusted PS Ratio was 6.86. The lowest was 2.82. And the median was 5.33.

BUE:AZN's Cyclically Adjusted PS Ratio is ranked worse than
77.5% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.04 vs BUE:AZN: 5.00

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.

AstraZeneca's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS14,606.941. 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 ARS12,381.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AstraZeneca  (BUE:AZN) 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.


AstraZeneca Cyclically Adjusted PS Ratio Related Terms


AstraZeneca Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for AstraZeneca'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.

AstraZeneca Cyclically Adjusted PS Ratio Chart

AstraZeneca 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 5.51 6.30 5.52 5.02 6.09

AstraZeneca 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 4.63 5.03 6.09 6.37 5.97

BUE:AZN vs LLY, JNJ, ABBV: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, AstraZeneca'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.


AstraZeneca Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


BUE:AZN
76GF Score
AstraZeneca PLC BUE:AZN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AstraZeneca 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=63225.00/12381.63
=5.11

* 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.

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

For example, AstraZeneca'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)
=14606.941/142.3000*142.3000
=14,606.941

Current CPI (Jun. 2026) = 142.3000.

AstraZeneca Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 67.149 101.500 94.141
201612 69.934 102.200 97.374
201703 65.821 102.700 91.201
201706 65.783 103.500 90.444
201709 86.193 104.300 117.596
201712 86.860 105.000 117.716
201803 82.345 105.100 111.491
201806 101.473 105.900 136.351
201809 155.096 106.600 207.037
201812 190.965 107.100 253.728
201903 169.277 107.000 225.123
201906 198.297 107.900 261.517
201909 273.066 108.400 358.462
201912 303.375 108.500 397.883
202003 300.372 108.600 393.581
202006 327.179 108.800 427.919
202009 372.219 109.200 485.044
202012 459.273 109.400 597.391
202103 499.913 109.700 648.474
202106 590.805 111.400 754.682
202109 644.851 112.400 816.391
202112 776.563 114.700 963.426
202203 783.451 116.500 956.953
202206 830.817 120.500 981.122
202209 978.800 122.300 1,138.865
202212 1,204.393 125.300 1,367.798
202303 1,377.658 126.800 1,546.063
202306 1,756.308 129.400 1,931.396
202309 2,577.965 130.100 2,819.711
202312 2,780.694 130.500 3,032.128
202403 6,847.473 131.600 7,404.220
202406 7,426.910 133.000 7,946.235
202409 8,254.502 133.500 8,798.619
202412 9,628.624 135.100 10,141.771
202503 9,279.507 136.100 9,702.233
202506 11,009.513 138.400 11,319.752
202509 13,215.609 138.900 13,539.101
202512 14,396.951 139.900 14,643.932
202603 13,694.024 140.800 13,839.912
202606 14,606.941 142.300 14,606.941

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 5.11 mean?
AstraZeneca (BUE:AZN) has a Cyclically Adjusted PS Ratio of 5.11 as of Aug. 19, 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 AstraZeneca and its competitors. This is near median its historical median of 5.33. Over the past decade, AstraZeneca's Cyclically Adjusted PS Ratio has ranged from 2.82 to 6.86. According to the industry distribution chart, AstraZeneca ranks #582 out of 751 companies in the Drug Manufacturers industry, placing it in the top 77.5%.
Is AstraZeneca's Cyclically Adjusted PS Ratio too high?
AstraZeneca's current Cyclically Adjusted PS Ratio of 5.11 is near median its 10-year median of 5.33. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 6.86. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.04. AstraZeneca's value of 5.11 is 150.5% above this industry median. Based on the distribution chart, AstraZeneca ranks #582 out of 751 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, AstraZeneca has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AstraZeneca's Cyclically Adjusted PS Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, AstraZeneca ranks #582 out of 751 companies for Cyclically Adjusted PS Ratio. This places AstraZeneca in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.04. AstraZeneca's value of 5.11 is 150.5% above this benchmark. Historically, AstraZeneca's own Cyclically Adjusted PS Ratio has ranged from 2.82 to 6.86 over the past decade. While the company's 10-year median is 5.33 vs. the industry median of 2.04, AstraZeneca 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 2.04, based on 751 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. AstraZeneca's current Cyclically Adjusted PS Ratio of 5.11 is 150.5% 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 AstraZeneca and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AstraZeneca's current Cyclically Adjusted PS Ratio is 5.11, which is near median its own 10-year median of 5.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AstraZeneca stock overvalued right now?
Based on GuruFocus' analysis, AstraZeneca (BUE:AZN) is currently considered Modestly Undervalued. The stock's GF Value™ is ARS71,579.31, compared to a current price of ARS63,225.00 — trading 11.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.11, which is near median its 10-year median of 5.33 and 150.5% above the Drug Manufacturers industry median of 2.04. AstraZeneca's overall GF Score™ is 76/100 with 1 warning sign 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 AstraZeneca (BUE:AZN), the current Cyclically Adjusted PS Ratio is 5.11 as of Aug. 19, 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 AstraZeneca (BUE:AZN) Overvalued in 2026?

Based on GuruFocus' analysis, AstraZeneca stock appears to be undervalued. The current stock price of ARS63,225.00 is trading 11.7% below its estimated GF Value™ of ARS71,579.31. GuruFocus considers AstraZeneca to be Modestly Undervalued.

Key valuation signals for BUE:AZN:

  • Cyclically Adjusted PS Ratio: 5.11 (near median its 10-year median of 5.33)
  • GF Value™: ARS71,579.31 vs. price of ARS63,225.00 (11.7% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 150.5% above the Drug Manufacturers median (#582 of 751)

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


AstraZeneca Business Description

Address 1 Francis Crick Avenue, Cambridge Biomedical Campus, Cambridge, GBR, CB2 0AA
A merger between Astra of Sweden and Zeneca of the United Kingdom formed AstraZeneca in 1999. The firm sells branded drugs across a number of major therapeutic areas, including oncology (over 40% of total revenue), cardiovascular, renal, and metabolic (over 20%), rare disease (16%), and respiratory and immunology (15%). The majority of sales comes from international markets, with the United States representing close to one-third of its sales.
76GF Score

Get the complete analysis for BUE:AZN

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

ARS63,225.00
Price
ARS71,579.31
GF Value