GRFS (Grifols) Cyclically Adjusted PS Ratio: 0.85 (As of Jul. 03, 2026) — 50% Below Median


GRFS Grifols SA GRFS
82 GF Score
Price $7.16
GF Value $8.61
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Grifols Cyclically Adjusted PS Ratio?

Grifols GRFS +1.06% 82 Cyclically Adjusted PS Ratio is 0.85 as of Jul. 03, 2026, which is 50% below its 10-year median of 1.70. GuruFocus rates GRFS with a GF Score™ of 82/100 and a GF Value™ of $8.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 748 Drug Manufacturers companies, Grifols ranks better than 71.12% on this metric.

As of today (2026-07-03), Grifols's current share price is $7.16. Grifols's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $8.38. Grifols's Cyclically Adjusted PS Ratio for today is 0.85.

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

GRFS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.7   Max: 6.43
Current: 0.97

During the past years, Grifols's highest Cyclically Adjusted PS Ratio was 6.43. The lowest was 0.91. And the median was 1.70.

GRFS's Cyclically Adjusted PS Ratio is ranked better than
71.12% of 748 companies
in the Drug Manufacturers industry
Industry Median: 2 vs GRFS: 0.97

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.

Grifols's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.888. 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 $8.38 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grifols  (NAS:GRFS) 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.


Grifols Cyclically Adjusted PS Ratio Related Terms


Grifols Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Grifols'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.

Grifols Cyclically Adjusted PS Ratio Chart

Grifols 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 0.00 1.51 1.99 1.09 1.17

Grifols Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 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 0.95 1.17 1.38 1.17 0.96

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

For the Drug Manufacturers - General subindustry, Grifols'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.


Grifols Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


GRFS
82GF Score
Grifols SA GRFS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grifols 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.16/8.38
=0.85

* 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.

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

For example, Grifols'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)
=2.888/129.8600*129.8600
=2.888

Current CPI (Mar. 2026) = 129.8600.

Grifols Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 1.591 101.138 2.043
201509 1.556 99.559 2.030
201512 1.669 100.268 2.162
201603 1.535 98.638 2.021
201606 1.603 100.333 2.075
201609 1.664 99.737 2.167
201612 1.696 101.842 2.163
201703 1.662 100.896 2.139
201706 1.855 101.848 2.365
201709 1.799 101.524 2.301
201712 1.850 102.975 2.333
201803 1.845 102.122 2.346
201806 1.898 104.165 2.366
201809 1.966 103.818 2.459
201812 1.980 104.193 2.468
201903 1.943 103.488 2.438
201906 2.074 104.612 2.575
201909 2.116 103.905 2.645
201912 2.186 105.015 2.703
202003 2.089 103.469 2.622
202006 2.445 104.254 3.046
202009 2.317 103.521 2.907
202012 2.309 104.456 2.871
202103 2.064 104.857 2.556
202106 2.380 107.102 2.886
202112 0.000 111.298 0.000
202206 2.402 118.044 2.642
202209 2.248 117.221 2.490
202212 2.674 117.650 2.952
202306 2.833 120.278 3.059
202309 2.511 121.343 2.687
202312 2.842 121.300 3.043
202406 2.637 124.409 2.753
202409 2.928 123.121 3.088
202412 3.040 124.753 3.164
202503 2.838 125.531 2.936
202506 3.168 127.251 3.233
202509 3.217 126.840 3.294
202512 3.410 128.400 3.449
202603 2.888 129.860 2.888

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 0.85 mean?
Grifols (GRFS) has a Cyclically Adjusted PS Ratio of 0.85 as of Jul. 03, 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 Grifols and its competitors. This is 50% below median its historical median of 1.70. Over the past decade, Grifols' Cyclically Adjusted PS Ratio has ranged from 0.91 to 6.43. According to the industry distribution chart, Grifols ranks #216 out of 748 companies in the Drug Manufacturers industry, placing it in the top 28.9%.
Is Grifols' Cyclically Adjusted PS Ratio too high?
Grifols' current Cyclically Adjusted PS Ratio of 0.85 is 50% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 6.43. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.00. Grifols' value of 0.85 is 57.5% below this industry median. Based on the distribution chart, Grifols ranks #216 out of 748 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Grifols has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grifols' Cyclically Adjusted PS Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Grifols ranks #216 out of 748 companies for Cyclically Adjusted PS Ratio. This puts Grifols in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.00. Grifols' value of 0.85 is 57.5% below this benchmark. Historically, Grifols' own Cyclically Adjusted PS Ratio has ranged from 0.91 to 6.43 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 2.00, Grifols 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 748 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. Grifols's current Cyclically Adjusted PS Ratio of 0.85 is 57.5% 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 Grifols 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. Grifols's current Cyclically Adjusted PS Ratio is 0.85, which is 50% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grifols stock overvalued right now?
Based on GuruFocus' analysis, Grifols (GRFS) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.61, compared to a current price of $7.16 — trading 16.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.85, which is 50% below median its 10-year median of 1.70 and 57.5% below the Drug Manufacturers industry median of 2.00. Grifols' overall GF Score™ is 82/100 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 Grifols (GRFS), the current Cyclically Adjusted PS Ratio is 0.85 as of Jul. 03, 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 Grifols (GRFS) Overvalued in 2026?

Based on GuruFocus' analysis, Grifols stock appears to be undervalued. The current stock price of $7.16 is trading 16.8% below its estimated GF Value™ of $8.61. GuruFocus considers Grifols to be Modestly Undervalued.

Key valuation signals for GRFS:

  • Cyclically Adjusted PS Ratio: 0.85 (50% below median its 10-year median of 1.70)
  • GF Value™: $8.61 vs. price of $7.16 (16.8% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 57.5% below the Drug Manufacturers median (#216 of 748)

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


Grifols Business Description

Address Avinguda de la Generalitat, 152-158, Parc de Negocis Can Sant Joan, Sant Cugat del Valles, Barcelona, ESP, 08174
Grifols SA is a healthcare company engaged in activities related to plasma-derived products and diagnostic solutions. The group has four reportable segments: Biopharma, Diagnostic, Bio Supplies, and Others. The Biopharma segment focuses on products derived from human plasma for therapeutic use, while the Diagnostic segment includes the marketing of diagnostic testing equipment and reagents. The Bio Supplies segment covers biological products for non-therapeutic use and plasma sales to third parties, and the Others segment includes manufacturing services, research activities, and complementary pharmaceutical products.
82GF Score

Get the complete analysis for GRFS

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

$7.16
Price
$8.61
GF Value