West Pharmaceutical Services (MEX:WST) Cyclically Adjusted PS Ratio: 6.72 (As of Jul. 11, 2026) — 16% Below Median


MEX:WST West Pharmaceutical Services Inc MEX:WST
95 GF Score
Price MXN5,112.51
GF Value MXN5,178.55
! 9 Warning Signs
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What is West Pharmaceutical Services Cyclically Adjusted PS Ratio?

West Pharmaceutical Services MEX:WST 95 Cyclically Adjusted PS Ratio is 6.72 as of Jul. 11, 2026, which is 16% below its 10-year median of 8.00. GuruFocus rates MEX:WST with a GF Score™ of 95/100 and a GF Value™ of MXN5,178.55. The stock has 9 warning signs investors should review. Among 523 Medical Devices & Instruments companies, West Pharmaceutical Services ranks worse than 87.38% on this metric.

As of today (2026-07-11), West Pharmaceutical Services's current share price is MXN5112.51. West Pharmaceutical Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN761.25. West Pharmaceutical Services's Cyclically Adjusted PS Ratio for today is 6.72.

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

MEX:WST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.99   Med: 8   Max: 19.19
Current: 9.58

During the past years, West Pharmaceutical Services's highest Cyclically Adjusted PS Ratio was 19.19. The lowest was 3.99. And the median was 8.00.

MEX:WST's Cyclically Adjusted PS Ratio is ranked worse than
87.38% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.32 vs MEX:WST: 9.58

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.

West Pharmaceutical Services's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN210.440. 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 MXN761.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Pharmaceutical Services  (MEX:WST) 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.


West Pharmaceutical Services Cyclically Adjusted PS Ratio Related Terms


West Pharmaceutical Services Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for West Pharmaceutical Services'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.

West Pharmaceutical Services Cyclically Adjusted PS Ratio Chart

West Pharmaceutical Services 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 18.23 8.13 11.23 9.75 7.61

West Pharmaceutical Services 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 6.51 6.24 7.33 7.61 6.72

MEX:WST vs RMD, MDLN, COO: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, West Pharmaceutical Services'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.


West Pharmaceutical Services Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, West Pharmaceutical Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where West Pharmaceutical Services's Cyclically Adjusted PS Ratio falls into.


MEX:WST
95GF Score
West Pharmaceutical Services Inc MEX:WST
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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West Pharmaceutical Services 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.

West Pharmaceutical Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5112.51/761.25
=6.72

* 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.

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

For example, West Pharmaceutical Services'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)
=210.44/330.2130*330.2130
=210.440

Current CPI (Mar. 2026) = 330.2130.

West Pharmaceutical Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 95.929 241.018 131.430
201609 97.116 241.428 132.830
201612 103.846 241.432 142.033
201703 97.463 243.801 132.007
201706 94.816 244.955 127.817
201709 95.211 246.819 127.380
201712 110.002 246.524 147.345
201803 100.030 249.554 132.361
201806 117.242 251.989 153.637
201809 106.670 252.439 139.534
201812 110.024 251.233 144.612
201903 114.250 254.202 148.413
201906 120.139 256.143 154.880
201909 119.263 256.759 153.382
201912 117.246 256.974 150.662
202003 152.645 258.115 195.283
202006 161.177 257.797 206.452
202009 159.708 260.280 202.619
202012 151.065 260.474 191.511
202103 180.868 264.877 225.482
202106 190.277 271.696 231.258
202109 191.145 274.310 230.099
202112 192.694 278.802 228.227
202203 188.631 287.504 216.652
202206 204.710 296.311 228.132
202209 182.523 296.808 203.066
202212 183.004 296.797 203.608
202303 170.630 301.836 186.672
202306 171.394 305.109 185.496
202309 172.894 307.789 185.490
202312 166.334 306.746 179.059
202403 155.330 312.332 164.223
202406 174.526 314.175 183.435
202409 200.364 315.301 209.840
202412 212.762 315.605 222.610
202503 195.614 319.799 201.984
202506 199.070 322.561 203.792
202509 203.302 324.800 206.690
202512 199.375 324.054 203.164
202603 210.440 330.213 210.440

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 6.72 mean?
West Pharmaceutical Services (MEX:WST) has a Cyclically Adjusted PS Ratio of 6.72 as of Jul. 11, 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 West Pharmaceutical Services and its competitors. This is 16% below median its historical median of 8.00. Over the past decade, West Pharmaceutical Services' Cyclically Adjusted PS Ratio has ranged from 3.99 to 19.19. According to the industry distribution chart, West Pharmaceutical Services ranks #457 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 87.4%.
Is West Pharmaceutical Services' Cyclically Adjusted PS Ratio too high?
West Pharmaceutical Services' current Cyclically Adjusted PS Ratio of 6.72 is 16% below median its 10-year median of 8.00. Over the past 10 years, this metric has ranged from a low of 3.99 to a high of 19.19. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.32. West Pharmaceutical Services' value of 6.72 is 189.7% above this industry median. Based on the distribution chart, West Pharmaceutical Services ranks #457 out of 523 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, West Pharmaceutical Services has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does West Pharmaceutical Services' Cyclically Adjusted PS Ratio compare to RMD and MDLN?
According to the Medical Devices & Instruments industry distribution chart, West Pharmaceutical Services ranks #457 out of 523 companies for Cyclically Adjusted PS Ratio. This places West Pharmaceutical Services in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.32. West Pharmaceutical Services' value of 6.72 is 189.7% above this benchmark. Historically, West Pharmaceutical Services' own Cyclically Adjusted PS Ratio has ranged from 3.99 to 19.19 over the past decade. While the company's 10-year median is 8.00 vs. the industry median of 2.32, West Pharmaceutical Services 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.32, based on 523 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. West Pharmaceutical Services's current Cyclically Adjusted PS Ratio of 6.72 is 189.7% 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 West Pharmaceutical Services and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West Pharmaceutical Services's current Cyclically Adjusted PS Ratio is 6.72, which is 16% below median its own 10-year median of 8.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Pharmaceutical Services stock overvalued right now?
West Pharmaceutical Services (MEX:WST) has a current Cyclically Adjusted PS Ratio of 6.72. The stock's GF Value™ is MXN5,178.55, compared to a current price of MXN5,112.51 — trading 1.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.72, which is 16% below median its 10-year median of 8.00 and 189.7% above the Medical Devices & Instruments industry median of 2.32. West Pharmaceutical Services' overall GF Score™ is 95/100 with 9 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 West Pharmaceutical Services (MEX:WST), the current Cyclically Adjusted PS Ratio is 6.72 as of Jul. 11, 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 West Pharmaceutical Services (MEX:WST) Overvalued in 2026?

Based on GuruFocus' analysis, West Pharmaceutical Services stock appears to be undervalued. The current stock price of MXN5,112.51 is trading 1.3% below its estimated GF Value™ of MXN5,178.55.

Key valuation signals for MEX:WST:

  • Cyclically Adjusted PS Ratio: 6.72 (16% below median its 10-year median of 8.00)
  • GF Value™: MXN5,178.55 vs. price of MXN5,112.51 (1.3% below fair value)
  • GF Score™: 95/100 with 9 warning signs
  • Industry Position: 189.7% above the Medical Devices & Instruments median (#457 of 523)

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


West Pharmaceutical Services Business Description

Address 530 Herman O. West Drive, Exton, PA, USA, 19341-1147
West Pharmaceutical Services is based in Pennsylvania and is a key supplier to firms in the pharmaceutical, biotechnology, and generic drug industries. West sells elastomer-based packaging components (including stoppers, seals, and plungers), nonglass containment solutions, and auto-injectors for injectable drugs, which include large-molecule biologics, peptides such as GLP-1 receptor agonists, and small-molecule drugs. The company reports in two segments: proprietary products (about 80% of total revenue) and contract-manufactured products (about 20% of total revenue). It generates approximately 55% of its revenue from international markets and 45% from the United States.
95GF Score

Get the complete analysis for MEX:WST

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

MXN5,112.51
Price
MXN5,178.55
GF Value