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Arista NetworksMEX:ANET +3.69%95 Cyclically Adjusted PS Ratio is 50.42 as of Aug. 05, 2026, which is 54% above its 10-year median of 32.80. GuruFocus rates MEX:ANET with a GF Score™ of 95/100 and a GF Value™ of MXN2,466.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,974 Hardware companies, Arista Networks ranks worse than 99.39% on this metric.
The historical rank and industry rank for Arista Networks's Cyclically Adjusted PS Ratio or its related term are showing as below:
MEX:ANET'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.21 Med: 32.8 Max: 51.22
Current: 50.67
During the past years, Arista Networks's highest Cyclically Adjusted PS Ratio was 51.22. The lowest was 15.21. And the median was 32.80.
MEX:ANET's Cyclically Adjusted PS Ratio is ranked worse than 99.39% of 1974
companies
in the Hardware industry
Industry Median: 1.335
vs MEX:ANET: 50.67
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.
Arista Networks's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN38.350. 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 MXN65.70 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Arista Networks (MEX:ANET) 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.
Arista Networks Cyclically Adjusted PS Ratio Related Terms
Arista Networks Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Arista Networks'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.
Arista Networks Cyclically Adjusted PS Ratio Chart
MEX:ANET vs SNDK, STX, WDC: Cyclically Adjusted PS Ratio Comparison
For the Computer Hardware subindustry, Arista Networks'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.
Arista Networks Cyclically Adjusted PS Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Arista Networks's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Arista Networks's Cyclically Adjusted PS Ratio falls into.
Arista Networks 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.
Arista Networks's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 50.42 mean?
Arista Networks (MEX:ANET) has a Cyclically Adjusted PS Ratio of 50.42 as of Aug. 05, 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 Arista Networks and its competitors. This is 54% above median its historical median of 32.80. Over the past decade, Arista Networks' Cyclically Adjusted PS Ratio has ranged from 15.21 to 51.22. According to the industry distribution chart, Arista Networks ranks #1962 out of 1974 companies in the Hardware industry, placing it in the top 99.4%.
Is Arista Networks' Cyclically Adjusted PS Ratio too high?
Arista Networks' current Cyclically Adjusted PS Ratio of 50.42 is 54% above median its 10-year median of 32.80. Over the past 10 years, this metric has ranged from a low of 15.21 to a high of 51.22. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Arista Networks' value of 50.42 is 3676.8% above this industry median. Based on the distribution chart, Arista Networks ranks #1962 out of 1974 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Arista Networks has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arista Networks' Cyclically Adjusted PS Ratio compare to SNDK and STX?
According to the Hardware industry distribution chart, Arista Networks ranks #1962 out of 1974 companies for Cyclically Adjusted PS Ratio. This places Arista Networks in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Arista Networks' value of 50.42 is 3676.8% above this benchmark. Historically, Arista Networks' own Cyclically Adjusted PS Ratio has ranged from 15.21 to 51.22 over the past decade. While the company's 10-year median is 32.80 vs. the industry median of 1.34, Arista Networks 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,974 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. Arista Networks's current Cyclically Adjusted PS Ratio of 50.42 is 3676.8% 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 Arista Networks and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arista Networks's current Cyclically Adjusted PS Ratio is 50.42, which is 54% above median its own 10-year median of 32.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arista Networks stock overvalued right now?
Based on GuruFocus' analysis, Arista Networks (MEX:ANET) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,466.41, compared to a current price of MXN3,312.33 — trading 34.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 50.42, which is 54% above median its 10-year median of 32.80 and 3676.8% above the Hardware industry median of 1.34. Arista Networks' overall GF Score™ is 95/100 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 Arista Networks (MEX:ANET), the current Cyclically Adjusted PS Ratio is 50.42 as of Aug. 05, 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 Arista Networks (MEX:ANET) Overvalued in 2026?
Based on GuruFocus' analysis, Arista Networks stock appears to be overvalued.
The current stock price of MXN3,312.33 is trading 34.3% above its estimated GF Value™ of MXN2,466.41.
GuruFocus considers Arista Networks to be Significantly Overvalued.
Key valuation signals for MEX:ANET:
Cyclically Adjusted PS Ratio: 50.42 (54% above median its 10-year median of 32.80)
GF Value™: MXN2,466.41 vs. price of MXN3,312.33 (34.3% above fair value)
Industry Position: 3676.8% above the Hardware median (#1962 of 1974)
No single metric tells the full story. See the MEX:ANET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arista Networks is a networking equipment provider that primarily sells Ethernet switches and software to data centers. Its marquee product is its extensible operating system that runs a single image across every single one of its devices. The firm operates as one reportable segment. It has steadily gained market share since its founding in 2004, with a focus on high-speed applications. Arista counts Microsoft and Meta Platforms as its largest customers and derives roughly three-fourths of its sales from North America.
95GF Score
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