Avery Dennison (MEX:AVY) Cyclically Adjusted PS Ratio: 1.56 (As of Jul. 13, 2026) — 11% Below Median


MEX:AVY Avery Dennison Corp MEX:AVY
85 GF Score
Price MXN4,390.00
GF Value MXN5,540.84
! 2 Warning Signs
View Full Analysis

What is Avery Dennison Cyclically Adjusted PS Ratio?

Avery Dennison MEX:AVY 85 Cyclically Adjusted PS Ratio is 1.56 as of Jul. 13, 2026, which is 11% below its 10-year median of 1.75. GuruFocus rates MEX:AVY with a GF Score™ of 85/100 and a GF Value™ of MXN5,540.84. The stock has 2 warning signs investors should review. Among 318 Packaging & Containers companies, Avery Dennison ranks worse than 72.33% on this metric.

As of today (2026-07-13), Avery Dennison's current share price is MXN4390.00. Avery Dennison's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN2,807.18. Avery Dennison's Cyclically Adjusted PS Ratio for today is 1.56.

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

MEX:AVY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.75   Max: 2.91
Current: 1.46

During the past years, Avery Dennison's highest Cyclically Adjusted PS Ratio was 2.91. The lowest was 1.05. And the median was 1.75.

MEX:AVY's Cyclically Adjusted PS Ratio is ranked worse than
72.33% of 318 companies
in the Packaging & Containers industry
Industry Median: 0.7 vs MEX:AVY: 1.46

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.

Avery Dennison's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN538.288. 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 MXN2,807.18 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avery Dennison  (MEX:AVY) 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.


Avery Dennison Cyclically Adjusted PS Ratio Related Terms


Avery Dennison Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avery Dennison'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.

Avery Dennison Cyclically Adjusted PS Ratio Chart

Avery Dennison 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 2.61 1.97 2.07 1.83 1.69

Avery Dennison 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 1.71 1.66 1.51 1.69 1.56

MEX:AVY vs CCK, BALL, REYN: Cyclically Adjusted PS Ratio Comparison

For the Packaging & Containers subindustry, Avery Dennison'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.


Avery Dennison Cyclically Adjusted PS Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:AVY
85GF Score
Avery Dennison Corp MEX:AVY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avery Dennison 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.

Avery Dennison's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4390.00/2807.18
=1.56

* 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.

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

For example, Avery Dennison'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)
=538.288/330.2130*330.2130
=538.288

Current CPI (Mar. 2026) = 330.2130.

Avery Dennison Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 314.308 241.018 430.626
201609 321.981 241.428 440.389
201612 354.860 241.432 485.352
201703 328.901 243.801 445.476
201706 327.117 244.955 440.972
201709 339.039 246.819 453.592
201712 378.251 246.524 506.658
201803 360.189 249.554 476.607
201806 409.372 251.989 536.452
201809 371.923 252.439 486.509
201812 398.719 251.233 524.064
201903 400.409 254.202 520.139
201906 405.328 256.143 522.538
201909 410.066 256.759 527.378
201912 394.769 256.974 507.280
202003 480.391 258.115 614.576
202006 421.014 257.797 539.278
202009 454.733 260.280 576.912
202012 469.230 260.474 594.861
202103 499.769 264.877 623.045
202106 499.313 271.696 606.853
202109 508.965 274.310 612.690
202112 536.361 278.802 635.266
202203 563.577 287.504 647.297
202206 575.115 296.311 640.916
202209 569.090 296.808 633.140
202212 484.031 296.797 538.527
202303 456.707 301.836 499.644
202306 442.461 305.109 478.866
202309 451.235 307.789 484.110
202312 443.368 306.746 477.287
202403 440.784 312.332 466.019
202406 505.567 314.175 531.375
202409 532.077 315.301 557.241
202412 569.092 315.605 595.433
202503 553.531 319.799 571.556
202506 533.975 322.561 546.642
202509 521.046 324.800 529.730
202512 528.353 324.054 538.395
202603 538.288 330.213 538.288

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 1.56 mean?
Avery Dennison (MEX:AVY) has a Cyclically Adjusted PS Ratio of 1.56 as of Jul. 13, 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 Avery Dennison and its competitors. This is 11% below median its historical median of 1.75. Over the past decade, Avery Dennison's Cyclically Adjusted PS Ratio has ranged from 1.05 to 2.91. According to the industry distribution chart, Avery Dennison ranks #230 out of 318 companies in the Packaging & Containers industry, placing it in the top 72.3%.
Is Avery Dennison's Cyclically Adjusted PS Ratio too high?
Avery Dennison's current Cyclically Adjusted PS Ratio of 1.56 is 11% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.91. The Packaging & Containers industry median Cyclically Adjusted PS Ratio is 0.70. Avery Dennison's value of 1.56 is 122.9% above this industry median. Based on the distribution chart, Avery Dennison ranks #230 out of 318 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Avery Dennison has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Avery Dennison's Cyclically Adjusted PS Ratio compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #230 out of 318 companies for Cyclically Adjusted PS Ratio. This places Avery Dennison in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. Avery Dennison's value of 1.56 is 122.9% above this benchmark. Historically, Avery Dennison's own Cyclically Adjusted PS Ratio has ranged from 1.05 to 2.91 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 0.70, Avery Dennison 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 Packaging & Containers company?
The median Cyclically Adjusted PS Ratio among Packaging & Containers companies is 0.70, based on 318 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. Avery Dennison's current Cyclically Adjusted PS Ratio of 1.56 is 122.9% 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 Avery Dennison and its competitors. For the Packaging & Containers industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current Cyclically Adjusted PS Ratio is 1.56, which is 11% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avery Dennison stock overvalued right now?
Avery Dennison (MEX:AVY) has a current Cyclically Adjusted PS Ratio of 1.56. The stock's GF Value™ is MXN5,540.84, compared to a current price of MXN4,390.00 — trading 20.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.56, which is 11% below median its 10-year median of 1.75 and 122.9% above the Packaging & Containers industry median of 0.70. Avery Dennison's overall GF Score™ is 85/100 with 2 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 Avery Dennison (MEX:AVY), the current Cyclically Adjusted PS Ratio is 1.56 as of Jul. 13, 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 Avery Dennison (MEX:AVY) Overvalued in 2026?

Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued. The current stock price of MXN4,390.00 is trading 20.8% below its estimated GF Value™ of MXN5,540.84.

Key valuation signals for MEX:AVY:

  • Cyclically Adjusted PS Ratio: 1.56 (11% below median its 10-year median of 1.75)
  • GF Value™: MXN5,540.84 vs. price of MXN4,390.00 (20.8% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 122.9% above the Packaging & Containers median (#230 of 318)

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


Avery Dennison Business Description

Address 8080 Norton Parkway, Mentor, OH, USA, 44060
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and products that enhance packaging and customer experience. Serving industries including retail, apparel, e-commerce, logistics, food, pharmaceuticals, and automotive it operates through two reportable segments: Materials Group, which manufactures and sells pressure-sensitive label materials, graphics, reflective products, performance tapes, and other adhesive solutions, and earns the majority of revenue; and Solutions Group, which provides brand and price tickets, tags, labels with RFID inlays, and related services, supplies, and equipment.
85GF Score

Get the complete analysis for MEX:AVY

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

MXN4,390.00
Price
MXN5,540.84
GF Value