Eli Lilly and Co (HAM:LLY) Cyclically Adjusted PS Ratio: 30.07 (As of Jul. 12, 2026) — 211% Above Median


HAM:LLY Eli Lilly and Co HAM:LLY
96 GF Score
Price €1,038.00
GF Value €1,243.42
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Eli Lilly and Co Cyclically Adjusted PS Ratio?

Eli Lilly and Co HAM:LLY -1.78% 96 Cyclically Adjusted PS Ratio is 30.07 as of Jul. 12, 2026, which is 211% above its 10-year median of 9.66. GuruFocus rates HAM:LLY with a GF Score™ of 96/100 and a GF Value™ of €1,243.42 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 752 Drug Manufacturers companies, Eli Lilly and Co ranks worse than 98.27% on this metric.

As of today (2026-07-12), Eli Lilly and Co's current share price is €1038.00. Eli Lilly and Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €34.52. Eli Lilly and Co's Cyclically Adjusted PS Ratio for today is 30.07.

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

HAM:LLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.23   Med: 9.66   Max: 31.37
Current: 29.62

During the past years, Eli Lilly and Co's highest Cyclically Adjusted PS Ratio was 31.37. The lowest was 3.23. And the median was 9.66.

HAM:LLY's Cyclically Adjusted PS Ratio is ranked worse than
98.27% of 752 companies
in the Drug Manufacturers industry
Industry Median: 1.99 vs HAM:LLY: 29.62

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.

Eli Lilly and Co's adjusted revenue per share data for the three months ended in Mar. 2026 was €19.116. 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 €34.52 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eli Lilly and Co  (HAM:LLY) 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.


Eli Lilly and Co Cyclically Adjusted PS Ratio Related Terms


Eli Lilly and Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eli Lilly and Co'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.

Eli Lilly and Co Cyclically Adjusted PS Ratio Chart

Eli Lilly and Co 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 11.14 13.57 20.20 23.93 28.40

Eli Lilly and Co 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 24.64 22.34 20.92 28.40 22.92

HAM:LLY vs JNJ, ABBV, MRK: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, Eli Lilly and Co'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.


Eli Lilly and Co Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

* The bar in red indicates where Eli Lilly and Co's Cyclically Adjusted PS Ratio falls into.


HAM:LLY
96GF Score
Eli Lilly and Co HAM:LLY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eli Lilly and Co 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.

Eli Lilly and Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1038.00/34.52
=30.07

* 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.

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

For example, Eli Lilly and Co'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)
=19.116/330.2130*330.2130
=19.116

Current CPI (Mar. 2026) = 330.2130.

Eli Lilly and Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.538 241.018 6.217
201609 4.361 241.428 5.965
201612 5.132 241.432 7.019
201703 4.628 243.801 6.268
201706 4.904 244.955 6.611
201709 4.495 246.819 6.014
201712 2.642 246.524 3.539
201803 3.835 249.554 5.075
201806 4.641 251.989 6.082
201809 4.431 252.439 5.796
201812 4.852 251.233 6.377
201903 4.580 254.202 5.950
201906 5.395 256.143 6.955
201909 5.414 256.759 6.963
201912 6.010 256.974 7.723
202003 5.817 258.115 7.442
202006 5.361 257.797 6.867
202009 5.348 260.280 6.785
202012 6.689 260.474 8.480
202103 6.266 264.877 7.812
202106 6.145 271.696 7.468
202109 6.321 274.310 7.609
202112 7.648 278.802 9.058
202203 7.824 287.504 8.986
202206 6.798 296.311 7.576
202209 7.757 296.808 8.630
202212 7.617 296.797 8.475
202303 7.197 301.836 7.874
202306 8.499 305.109 9.198
202309 9.891 307.789 10.612
202312 9.489 306.746 10.215
202403 8.925 312.332 9.436
202406 11.613 314.175 12.206
202409 11.389 315.301 11.928
202412 14.309 315.605 14.971
202503 13.074 319.799 13.500
202506 14.991 322.561 15.347
202509 16.684 324.800 16.962
202512 18.345 324.054 18.694
202603 19.116 330.213 19.116

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 30.07 mean?
Eli Lilly and Co (HAM:LLY) has a Cyclically Adjusted PS Ratio of 30.07 as of Jul. 12, 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 Eli Lilly and Co and its competitors. This is 211% above median its historical median of 9.66. Over the past decade, Eli Lilly and Co's Cyclically Adjusted PS Ratio has ranged from 3.23 to 31.37. According to the industry distribution chart, Eli Lilly and Co ranks #739 out of 752 companies in the Drug Manufacturers industry, placing it in the top 98.3%.
Is Eli Lilly and Co's Cyclically Adjusted PS Ratio too high?
Eli Lilly and Co's current Cyclically Adjusted PS Ratio of 30.07 is 211% above median its 10-year median of 9.66. Over the past 10 years, this metric has ranged from a low of 3.23 to a high of 31.37. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 1.99. Eli Lilly and Co's value of 30.07 is 1411.1% above this industry median. Based on the distribution chart, Eli Lilly and Co ranks #739 out of 752 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Eli Lilly and Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eli Lilly and Co's Cyclically Adjusted PS Ratio compare to JNJ and ABBV?
According to the Drug Manufacturers industry distribution chart, Eli Lilly and Co ranks #739 out of 752 companies for Cyclically Adjusted PS Ratio. This places Eli Lilly and Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.99. Eli Lilly and Co's value of 30.07 is 1411.1% above this benchmark. Historically, Eli Lilly and Co's own Cyclically Adjusted PS Ratio has ranged from 3.23 to 31.37 over the past decade. While the company's 10-year median is 9.66 vs. the industry median of 1.99, Eli Lilly and Co 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 1.99, based on 752 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. Eli Lilly and Co's current Cyclically Adjusted PS Ratio of 30.07 is 1411.1% 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 Eli Lilly and Co and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eli Lilly and Co's current Cyclically Adjusted PS Ratio is 30.07, which is 211% above median its own 10-year median of 9.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eli Lilly and Co stock overvalued right now?
Based on GuruFocus' analysis, Eli Lilly and Co (HAM:LLY) is currently considered Modestly Undervalued. The stock's GF Value™ is €1,243.42, compared to a current price of €1,038.00 — trading 16.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 30.07, which is 211% above median its 10-year median of 9.66 and 1411.1% above the Drug Manufacturers industry median of 1.99. Eli Lilly and Co's overall GF Score™ is 96/100 with 6 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 Eli Lilly and Co (HAM:LLY), the current Cyclically Adjusted PS Ratio is 30.07 as of Jul. 12, 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 Eli Lilly and Co (HAM:LLY) Overvalued in 2026?

Based on GuruFocus' analysis, Eli Lilly and Co stock appears to be undervalued. The current stock price of €1,038.00 is trading 16.5% below its estimated GF Value™ of €1,243.42. GuruFocus considers Eli Lilly and Co to be Modestly Undervalued.

Key valuation signals for HAM:LLY:

  • Cyclically Adjusted PS Ratio: 30.07 (211% above median its 10-year median of 9.66)
  • GF Value™: €1,243.42 vs. price of €1,038.00 (16.5% below fair value)
  • GF Score™: 96/100 with 6 warning signs
  • Industry Position: 1411.1% above the Drug Manufacturers median (#739 of 752)

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


Eli Lilly and Co Business Description

Address Lilly Corporate Center, Indianapolis, IN, USA, 46285
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio and Jaypirca for cancer; Mounjaro, Zepbound, Foundayo, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.
96GF Score

Get the complete analysis for HAM:LLY

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

€1,038.00
Price
€1,243.42
GF Value