Illinois Tool Works (FRA:ILT) Cyclically Adjusted PS Ratio: 4.85 (As of Jul. 09, 2026) — Near Median


FRA:ILT Illinois Tool Works Inc FRA:ILT
85 GF Score
Price €232.60
GF Value €233.72
Valuation Fairly Valued
! 1 Warning Sign
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What is Illinois Tool Works Cyclically Adjusted PS Ratio?

Illinois Tool Works FRA:ILT -2.27% 85 Cyclically Adjusted PS Ratio is 4.85 as of Jul. 09, 2026, which is 5% above its 10-year median of 4.62. GuruFocus rates FRA:ILT with a GF Score™ of 85/100 and a GF Value™ of €233.72 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,298 Industrial Products companies, Illinois Tool Works ranks worse than 77.33% on this metric.

As of today (2026-07-09), Illinois Tool Works's current share price is €232.60. Illinois Tool Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €47.95. Illinois Tool Works's Cyclically Adjusted PS Ratio for today is 4.85.

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

FRA:ILT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.21   Med: 4.62   Max: 5.84
Current: 4.77

During the past years, Illinois Tool Works's highest Cyclically Adjusted PS Ratio was 5.84. The lowest was 3.21. And the median was 4.62.

FRA:ILT's Cyclically Adjusted PS Ratio is ranked worse than
77.33% of 2298 companies
in the Industrial Products industry
Industry Median: 1.89 vs FRA:ILT: 4.77

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.

Illinois Tool Works's adjusted revenue per share data for the three months ended in Mar. 2026 was €12.016. 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 €47.95 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Illinois Tool Works  (FRA:ILT) 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.


Illinois Tool Works Cyclically Adjusted PS Ratio Related Terms


Illinois Tool Works Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Illinois Tool Works'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.

Illinois Tool Works Cyclically Adjusted PS Ratio Chart

Illinois Tool Works 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 5.62 4.63 5.20 4.84 4.53

Illinois Tool Works 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 4.66 4.60 4.80 4.53 4.69

FRA:ILT vs EMR, CMI, AME: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Illinois Tool Works'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.


Illinois Tool Works Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Illinois Tool Works's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:ILT
85GF Score
Illinois Tool Works Inc FRA:ILT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Illinois Tool Works 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.

Illinois Tool Works's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=232.60/47.95
=4.85

* 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.

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

For example, Illinois Tool Works'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)
=12.016/330.2130*330.2130
=12.016

Current CPI (Mar. 2026) = 330.2130.

Illinois Tool Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 8.518 241.018 11.670
201609 8.760 241.428 11.981
201612 9.193 241.432 12.574
201703 9.299 243.801 12.595
201706 9.218 244.955 12.426
201709 8.766 246.819 11.728
201712 8.896 246.524 11.916
201803 8.858 249.554 11.721
201806 9.676 251.989 12.680
201809 9.235 252.439 12.080
201812 9.496 251.233 12.481
201903 9.537 254.202 12.389
201906 9.779 256.143 12.607
201909 9.750 256.759 12.539
201912 9.678 256.974 12.436
202003 9.138 258.115 11.690
202006 7.173 257.797 9.188
202009 8.832 260.280 11.205
202012 8.974 260.474 11.377
202103 9.364 264.877 11.674
202106 9.628 271.696 11.702
202109 9.568 274.310 11.518
202112 10.340 278.802 12.247
202203 11.401 287.504 13.095
202206 12.181 296.311 13.575
202209 13.081 296.808 14.553
202212 12.171 296.797 13.541
202303 12.263 301.836 13.416
202306 12.361 305.109 13.378
202309 12.466 307.789 13.374
202312 12.138 306.746 13.067
202403 12.184 312.332 12.882
202406 12.533 314.175 13.173
202409 12.032 315.301 12.601
202412 12.699 315.605 13.287
202503 12.058 319.799 12.451
202506 11.997 322.561 12.282
202509 11.856 324.800 12.054
202512 12.045 324.054 12.274
202603 12.016 330.213 12.016

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 4.85 mean?
Illinois Tool Works (FRA:ILT) has a Cyclically Adjusted PS Ratio of 4.85 as of Jul. 09, 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 Illinois Tool Works and its competitors. This is near median its historical median of 4.62. Over the past decade, Illinois Tool Works' Cyclically Adjusted PS Ratio has ranged from 3.21 to 5.84. According to the industry distribution chart, Illinois Tool Works ranks #1777 out of 2298 companies in the Industrial Products industry, placing it in the top 77.3%.
Is Illinois Tool Works' Cyclically Adjusted PS Ratio too high?
Illinois Tool Works' current Cyclically Adjusted PS Ratio of 4.85 is near median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 5.84. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.89. Illinois Tool Works' value of 4.85 is 156.6% above this industry median. Based on the distribution chart, Illinois Tool Works ranks #1777 out of 2298 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Illinois Tool Works has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Illinois Tool Works' Cyclically Adjusted PS Ratio compare to EMR and CMI?
According to the Industrial Products industry distribution chart, Illinois Tool Works ranks #1777 out of 2298 companies for Cyclically Adjusted PS Ratio. This places Illinois Tool Works in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.89. Illinois Tool Works' value of 4.85 is 156.6% above this benchmark. Historically, Illinois Tool Works' own Cyclically Adjusted PS Ratio has ranged from 3.21 to 5.84 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 1.89, Illinois Tool Works 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 Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.89, based on 2,298 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. Illinois Tool Works's current Cyclically Adjusted PS Ratio of 4.85 is 156.6% 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 Illinois Tool Works and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Illinois Tool Works's current Cyclically Adjusted PS Ratio is 4.85, which is near median its own 10-year median of 4.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Illinois Tool Works stock overvalued right now?
Based on GuruFocus' analysis, Illinois Tool Works (FRA:ILT) is currently considered Fairly Valued. The stock's GF Value™ is €233.72, compared to a current price of €232.60 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.85, which is near median its 10-year median of 4.62 and 156.6% above the Industrial Products industry median of 1.89. Illinois Tool Works' overall GF Score™ is 85/100 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 Illinois Tool Works (FRA:ILT), the current Cyclically Adjusted PS Ratio is 4.85 as of Jul. 09, 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 Illinois Tool Works (FRA:ILT) Overvalued in 2026?

Based on GuruFocus' analysis, Illinois Tool Works stock appears to be undervalued. The current stock price of €232.60 is trading 0.5% below its estimated GF Value™ of €233.72. GuruFocus considers Illinois Tool Works to be Fairly Valued.

Key valuation signals for FRA:ILT:

  • Cyclically Adjusted PS Ratio: 4.85 (near median its 10-year median of 4.62)
  • GF Value™: €233.72 vs. price of €232.60 (0.5% below fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 156.6% above the Industrial Products median (#1777 of 2298)

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


Illinois Tool Works Business Description

Address 155 Harlem Avenue, Glenview, IL, USA, 60025
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one-fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test and measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers and fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.
85GF Score

Get the complete analysis for FRA:ILT

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

€232.60
Price
€233.72
GF Value