CVS Health (MEX:CVS) Cyclically Adjusted PS Ratio: (As of Aug. 05, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CVS CVS Health Corp MEX:CVS
68 GF Score
Price MXN1,855.00
GF Value MXN1,368.06
Valuation Significantly Overvalued
! 10 Warning Signs
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What is CVS Health Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CVS Health  (MEX:CVS) 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.


CVS Health Cyclically Adjusted PS Ratio Related Terms


CVS Health Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CVS Health'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.

CVS Health Cyclically Adjusted PS Ratio Chart

CVS Health 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 0.57 0.46 0.35 0.18 0.30

CVS Health Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.27 0.29 0.30 0.26 0.00

MEX:CVS vs ELV, CI, HUM: Cyclically Adjusted PS Ratio Comparison

For the Healthcare Plans subindustry, CVS Health'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.


CVS Health Cyclically Adjusted PS Ratio vs Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, CVS Health's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:CVS
68GF Score
CVS Health Corp MEX:CVS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CVS Health 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.

CVS Health's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, CVS Health's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1438.438/333.9520*333.9520
=1,438.438

Current CPI (Jun. 2026) = 333.9520.

CVS Health Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 803.964 241.428 1,112.072
201612 886.165 241.432 1,225.755
201703 809.811 243.801 1,109.257
201706 806.447 244.955 1,099.445
201709 821.660 246.819 1,111.726
201712 933.860 246.524 1,265.047
201803 815.545 249.554 1,091.359
201806 905.691 251.989 1,200.280
201809 869.179 252.439 1,149.838
201812 952.420 251.233 1,266.006
201903 918.440 254.202 1,206.579
201906 935.822 256.143 1,220.098
201909 980.444 256.759 1,275.208
201912 962.263 256.974 1,250.514
202003 1,193.042 258.115 1,543.571
202006 1,147.799 257.797 1,486.867
202009 1,126.490 260.280 1,445.342
202012 1,052.944 260.474 1,349.973
202103 1,068.390 264.877 1,347.006
202106 1,089.295 271.696 1,338.894
202109 1,141.725 274.310 1,389.965
202112 1,174.480 278.802 1,406.805
202203 1,151.869 287.504 1,337.960
202206 1,228.036 296.311 1,384.036
202209 1,241.455 296.808 1,396.817
202212 1,238.380 296.797 1,393.409
202303 1,190.655 301.836 1,317.343
202306 1,184.501 305.109 1,296.476
202309 1,212.085 307.789 1,315.116
202312 1,231.558 306.746 1,340.788
202403 1,158.424 312.332 1,238.612
202406 1,327.574 314.175 1,411.143
202409 1,492.459 315.301 1,580.742
202412 1,614.747 315.605 1,708.617
202503 1,530.934 319.799 1,598.687
202506 1,466.528 322.561 1,518.317
202509 1,487.066 324.800 1,528.968
202512 1,479.842 324.054 1,525.043
202603 1,415.912 330.213 1,431.944
202606 1,438.438 333.952 1,438.438

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.

Is CVS Health (MEX:CVS) Overvalued in 2026?

Based on GuruFocus' analysis, CVS Health stock appears to be overvalued. The current stock price of MXN1,855.00 is trading 35.6% above its estimated GF Value™ of MXN1,368.06. GuruFocus considers CVS Health to be Significantly Overvalued.

Key valuation signals for MEX:CVS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN1,368.06 vs. price of MXN1,855.00 (35.6% above fair value)
  • GF Score™: 68/100 with 10 warning signs

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


CVS Health Business Description

Address One CVS Drive, Woonsocket, RI, USA, 02895
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates around 9,000 stores primarily in the US. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It operates a top-tier health insurer (acquired through Aetna) through which it serves about 27 million medical members. The acquisition of Oak Street Health added primary care services to the mix, which could have significant synergies with all existing business lines.
68GF Score

Get the complete analysis for MEX:CVS

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

MXN1,855.00
Price
MXN1,368.06
GF Value