W.W. Grainger (FRA:GWW) Cyclically Adjusted PS Ratio: 4.02 (As of Sep. 15, 2026) — 70% Above Median

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FRA:GWW W.W. Grainger Inc FRA:GWW
93 GF Score
Price €1,100.00
GF Value €998.03
! 3 Warning Signs
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What is W.W. Grainger Cyclically Adjusted PS Ratio?

W.W. Grainger FRA:GWW +1.10% 93 Cyclically Adjusted PS Ratio is 4.02 as of Sep. 15, 2026, which is 70% above its 10-year median of 2.36. GuruFocus rates FRA:GWW with a GF Score™ of 93/100 and a GF Value™ of €998.03. The stock has 3 warning signs investors should review. Among 128 Industrial Distribution companies, W.W. Grainger ranks worse than 93.75% on this metric.

As of today (2026-09-15), W.W. Grainger's current share price is €1100.00. W.W. Grainger's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €273.31. W.W. Grainger's Cyclically Adjusted PS Ratio for today is 4.02.

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

FRA:GWW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.36   Max: 4.49
Current: 4.06

During the past years, W.W. Grainger's highest Cyclically Adjusted PS Ratio was 4.49. The lowest was 1.22. And the median was 2.36.

FRA:GWW's Cyclically Adjusted PS Ratio is ranked worse than
93.75% of 128 companies
in the Industrial Distribution industry
Industry Median: 0.54 vs FRA:GWW: 4.06

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.

W.W. Grainger's adjusted revenue per share data for the three months ended in Jun. 2026 was €91.491. 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 €273.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


W.W. Grainger  (FRA:GWW) 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.


W.W. Grainger Cyclically Adjusted PS Ratio Related Terms


W.W. Grainger Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for W.W. Grainger'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.

W.W. Grainger Cyclically Adjusted PS Ratio Chart

W.W. Grainger 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 2.76 2.70 3.39 4.17 3.27

W.W. Grainger 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 3.38 3.05 3.26 3.35 4.19

FRA:GWW vs FAST, FERG, WCC: Cyclically Adjusted PS Ratio Comparison

For the Industrial Distribution subindustry, W.W. Grainger'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.


W.W. Grainger Cyclically Adjusted PS Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, W.W. Grainger's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:GWW
93GF Score
W.W. Grainger Inc FRA:GWW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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W.W. Grainger 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.

W.W. Grainger's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1100.00/273.31
=4.02

* 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.

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

For example, W.W. Grainger'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)
=91.491/333.9520*333.9520
=91.491

Current CPI (Jun. 2026) = 333.9520.

W.W. Grainger Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 38.506 241.428 53.263
201612 38.466 241.432 53.207
201703 40.272 243.801 55.163
201706 40.773 244.955 55.587
201709 39.045 246.819 52.829
201712 39.258 246.524 53.181
201803 39.908 249.554 53.405
201806 42.449 251.989 56.256
201809 42.855 252.439 56.693
201812 42.950 251.233 57.091
201903 44.060 254.202 57.883
201906 46.492 256.143 60.615
201909 48.764 256.759 63.425
201912 47.532 256.974 61.770
202003 50.633 258.115 65.510
202006 47.974 257.797 62.146
202009 47.935 260.280 61.503
202012 46.024 260.474 59.007
202103 48.677 264.877 61.371
202106 50.709 271.696 62.328
202109 54.903 274.310 66.840
202112 56.842 278.802 68.086
202203 63.248 287.504 73.466
202206 70.183 296.311 79.098
202209 76.585 296.808 86.169
202212 73.563 296.797 82.772
202303 75.503 301.836 83.537
202306 76.391 305.109 83.613
202309 77.206 307.789 83.769
202312 74.801 306.746 81.435
202403 78.987 312.332 84.455
202406 81.407 314.175 86.531
202409 81.685 315.301 86.517
202412 81.485 315.605 86.222
202503 84.707 319.799 88.456
202506 83.530 322.561 86.480
202509 83.195 324.800 85.539
202512 79.869 324.054 82.309
202603 85.511 330.213 86.479
202606 91.491 333.952 91.491

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 4.02 mean?
W.W. Grainger (FRA:GWW) has a Cyclically Adjusted PS Ratio of 4.02 as of Sep. 15, 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 W.W. Grainger and its competitors. This is 70% above median its historical median of 2.36. Over the past decade, W.W. Grainger's Cyclically Adjusted PS Ratio has ranged from 1.22 to 4.49. According to the industry distribution chart, W.W. Grainger ranks #120 out of 128 companies in the Industrial Distribution industry, placing it in the top 93.7%.
Is W.W. Grainger's Cyclically Adjusted PS Ratio too high?
W.W. Grainger's current Cyclically Adjusted PS Ratio of 4.02 is 70% above median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 4.49. The Industrial Distribution industry median Cyclically Adjusted PS Ratio is 0.54. W.W. Grainger's value of 4.02 is 644.4% above this industry median. Based on the distribution chart, W.W. Grainger ranks #120 out of 128 companies in the Industrial Distribution industry, which is in the bottom quartile relative to peers. Overall, W.W. Grainger has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does W.W. Grainger's Cyclically Adjusted PS Ratio compare to FAST and FERG?
According to the Industrial Distribution industry distribution chart, W.W. Grainger ranks #120 out of 128 companies for Cyclically Adjusted PS Ratio. This places W.W. Grainger in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.54. W.W. Grainger's value of 4.02 is 644.4% above this benchmark. Historically, W.W. Grainger's own Cyclically Adjusted PS Ratio has ranged from 1.22 to 4.49 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 0.54, W.W. Grainger 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 an Industrial Distribution company?
The median Cyclically Adjusted PS Ratio among Industrial Distribution companies is 0.54, based on 128 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. W.W. Grainger's current Cyclically Adjusted PS Ratio of 4.02 is 644.4% 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 W.W. Grainger and its competitors. For the Industrial Distribution industry, the median Cyclically Adjusted PS Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. W.W. Grainger's current Cyclically Adjusted PS Ratio is 4.02, which is 70% above median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is W.W. Grainger stock overvalued right now?
W.W. Grainger (FRA:GWW) has a current Cyclically Adjusted PS Ratio of 4.02. The stock's GF Value™ is €998.03, compared to a current price of €1,100.00 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.02, which is 70% above median its 10-year median of 2.36 and 644.4% above the Industrial Distribution industry median of 0.54. W.W. Grainger's overall GF Score™ is 93/100 with 3 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 W.W. Grainger (FRA:GWW), the current Cyclically Adjusted PS Ratio is 4.02 as of Sep. 15, 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 W.W. Grainger (FRA:GWW) Overvalued in 2026?

Based on GuruFocus' analysis, W.W. Grainger stock appears to be overvalued. The current stock price of €1,100.00 is trading 10.2% above its estimated GF Value™ of €998.03.

Key valuation signals for FRA:GWW:

  • Cyclically Adjusted PS Ratio: 4.02 (70% above median its 10-year median of 2.36)
  • GF Value™: €998.03 vs. price of €1,100.00 (10.2% above fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 644.4% above the Industrial Distribution median (#120 of 128)

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


W.W. Grainger Business Description

Address 100 Grainger Parkway, Lake Forest, IL, USA, 60045-5201
Founded in 1927, W.W. Grainger originally distributed various motors via a mail-order catalogue. Over the course of the 20th century, the firm expanded into new industrial product categories and launched its first digital catalogue in 1995. Today, the company organizes itself into two segments focused on different customer bases. Its larger segment, high-touch solutions, offers a vast array of maintenance, repair, and operations, or MRO, supplies and bespoke inventory management services to larger businesses. Its smaller segment, endless assortment, operates two online platforms, Zoro and MonotaRO, that offer comprehensive catalogues of MRO supplies to smaller businesses. Grainger has operations throughout the world but primarily generates sales within the US.
93GF Score

Get the complete analysis for FRA:GWW

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

€1,100.00
Price
€998.03
GF Value