Fresenius Medical Care AG (MEX:FME N) Cyclically Adjusted PS Ratio: 0.26 (As of Jul. 19, 2026) — 79% Below Median

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MEX:FME N Fresenius Medical Care AG MEX:FME N
48 GF Score
Price MXN778.14
GF Value MXN763.40
Valuation Possible Value Trap
! 4 Warning Signs
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What is Fresenius Medical Care AG Cyclically Adjusted PS Ratio?

Fresenius Medical Care AG MEX:FME N 48 Cyclically Adjusted PS Ratio is 0.26 as of Jul. 19, 2026, which is 79% below its 10-year median of 1.23. GuruFocus rates MEX:FME N with a GF Score™ of 48/100 and a GF Value™ of MXN763.40 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 359 Healthcare Providers & Services companies, Fresenius Medical Care AG ranks better than 70.75% on this metric.

As of today (2026-07-19), Fresenius Medical Care AG's current share price is MXN778.14. Fresenius Medical Care AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN2,945.68. Fresenius Medical Care AG's Cyclically Adjusted PS Ratio for today is 0.26.

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

MEX:FME N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.23   Max: 2.41
Current: 0.59

During the past years, Fresenius Medical Care AG's highest Cyclically Adjusted PS Ratio was 2.41. The lowest was 0.43. And the median was 1.23.

MEX:FME N's Cyclically Adjusted PS Ratio is ranked better than
70.75% of 359 companies
in the Healthcare Providers & Services industry
Industry Median: 1.14 vs MEX:FME N: 0.59

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.

Fresenius Medical Care AG's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN349.323. 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 MXN2,945.68 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fresenius Medical Care AG  (MEX:FME N) 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.


Fresenius Medical Care AG Cyclically Adjusted PS Ratio Related Terms


Fresenius Medical Care AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fresenius Medical Care AG'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.

Fresenius Medical Care AG Cyclically Adjusted PS Ratio Chart

Fresenius Medical Care AG 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 1.05 0.50 0.58 0.64 0.58

Fresenius Medical Care AG 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 0.66 0.70 0.63 0.58 0.54

MEX:FME N vs HCA, THC, DVA: Cyclically Adjusted PS Ratio Comparison

For the Medical Care Facilities subindustry, Fresenius Medical Care AG'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.


Fresenius Medical Care AG Cyclically Adjusted PS Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fresenius Medical Care AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fresenius Medical Care AG's Cyclically Adjusted PS Ratio falls into.


MEX:FME N
48GF Score
Fresenius Medical Care AG MEX:FME N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fresenius Medical Care AG 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.

Fresenius Medical Care AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=778.14/2945.68
=0.26

* 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.

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

For example, Fresenius Medical Care AG'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)
=349.323/131.2583*131.2583
=349.323

Current CPI (Mar. 2026) = 131.2583.

Fresenius Medical Care AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 273.780 100.717 356.801
201609 298.706 101.017 388.130
201612 312.063 101.217 404.684
201703 297.201 101.417 384.651
201706 294.032 102.117 377.940
201709 305.910 102.717 390.911
201712 330.735 102.617 423.046
201803 290.615 102.917 370.644
201806 314.316 104.017 396.632
201809 288.967 104.718 362.206
201812 312.976 104.217 394.183
201903 295.377 104.217 372.017
201906 310.782 105.718 385.865
201909 318.734 106.018 394.618
201912 320.702 105.818 397.805
202003 390.107 105.718 484.354
202006 404.671 106.618 498.195
202009 391.875 105.818 486.090
202012 363.608 105.518 452.309
202103 349.652 107.518 426.857
202106 353.726 108.486 427.977
202109 366.523 109.435 439.615
202112 367.633 110.384 437.157
202203 340.314 113.968 391.943
202206 345.076 115.760 391.274
202209 345.910 118.818 382.128
202212 351.709 119.345 386.818
202303 309.412 122.402 331.798
202306 305.440 123.140 325.576
202309 312.750 124.195 330.538
202312 314.672 123.773 333.702
202403 290.470 125.038 304.920
202406 320.352 125.882 334.035
202409 354.544 126.198 368.761
202412 378.455 127.041 391.018
202503 367.956 127.779 377.974
202506 354.670 128.412 362.532
202509 360.061 129.255 365.641
202512 373.929 129.361 379.414
202603 349.323 131.258 349.323

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 0.26 mean?
Fresenius Medical Care AG (MEX:FME N) has a Cyclically Adjusted PS Ratio of 0.26 as of Jul. 19, 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 Fresenius Medical Care AG and its competitors. This is 79% below median its historical median of 1.23. Over the past decade, Fresenius Medical Care AG's Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.41. According to the industry distribution chart, Fresenius Medical Care AG ranks #105 out of 359 companies in the Healthcare Providers & Services industry, placing it in the top 29.2%.
Is Fresenius Medical Care AG's Cyclically Adjusted PS Ratio too high?
Fresenius Medical Care AG's current Cyclically Adjusted PS Ratio of 0.26 is 79% below median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.41. The Healthcare Providers & Services industry median Cyclically Adjusted PS Ratio is 1.14. Fresenius Medical Care AG's value of 0.26 is 77.2% below this industry median. Based on the distribution chart, Fresenius Medical Care AG ranks #105 out of 359 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Fresenius Medical Care AG has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fresenius Medical Care AG's Cyclically Adjusted PS Ratio compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Fresenius Medical Care AG ranks #105 out of 359 companies for Cyclically Adjusted PS Ratio. This puts Fresenius Medical Care AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.14. Fresenius Medical Care AG's value of 0.26 is 77.2% below this benchmark. Historically, Fresenius Medical Care AG's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 2.41 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.14, Fresenius Medical Care AG 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 Healthcare Providers & Services company?
The median Cyclically Adjusted PS Ratio among Healthcare Providers & Services companies is 1.14, based on 359 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. Fresenius Medical Care AG's current Cyclically Adjusted PS Ratio of 0.26 is 77.2% 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 Fresenius Medical Care AG and its competitors. For the Healthcare Providers & Services industry, the median Cyclically Adjusted PS Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fresenius Medical Care AG's current Cyclically Adjusted PS Ratio is 0.26, which is 79% below median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fresenius Medical Care AG stock overvalued right now?
Based on GuruFocus' analysis, Fresenius Medical Care AG (MEX:FME N) is currently considered Possible Value Trap. The stock's GF Value™ is MXN763.40, compared to a current price of MXN778.14 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.26, which is 79% below median its 10-year median of 1.23 and 77.2% below the Healthcare Providers & Services industry median of 1.14. Fresenius Medical Care AG's overall GF Score™ is 48/100 with 4 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 Fresenius Medical Care AG (MEX:FME N), the current Cyclically Adjusted PS Ratio is 0.26 as of Jul. 19, 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 Fresenius Medical Care AG (MEX:FME N) Overvalued in 2026?

Based on GuruFocus' analysis, Fresenius Medical Care AG stock appears to be overvalued. The current stock price of MXN778.14 is trading 1.9% above its estimated GF Value™ of MXN763.40. GuruFocus considers Fresenius Medical Care AG to be Possible Value Trap.

Key valuation signals for MEX:FME N:

  • Cyclically Adjusted PS Ratio: 0.26 (79% below median its 10-year median of 1.23)
  • GF Value™: MXN763.40 vs. price of MXN778.14 (1.9% above fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 77.2% below the Healthcare Providers & Services median (#105 of 359)

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


Fresenius Medical Care AG Business Description

Address Else-Kroner-Strasse 1, Bad Homburg, HE, DEU, 61352
Fresenius Medical Care is the largest dialysis company in the world, treating nearly 300,000 patients from about 3,600 clinics worldwide as of December 2025. In addition to providing dialysis services, the firm is a leading supplier of dialysis products, including machines, dialyzers, and concentrates. Fresenius accounts for about 35% of the global dialysis products market, creating the world's only fully integrated dialysis business. Services account for about three-fourths of sales, while the balance is generated from medical technology products that enable dialysis treatments.
48GF Score

Get the complete analysis for MEX:FME N

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

MXN778.14
Price
MXN763.40
GF Value