Seagate Technology Holdings (MIL:1STX) Cyclically Adjusted PS Ratio: 16.34 (As of Jul. 19, 2026) — 961% Above Median

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MIL:1STX Seagate Technology Holdings PLC MIL:1STX
48 GF Score
Price €652.00
GF Value €136.33
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Seagate Technology Holdings Cyclically Adjusted PS Ratio?

Seagate Technology Holdings MIL:1STX -3.26% 48 Cyclically Adjusted PS Ratio is 16.34 as of Jul. 19, 2026, which is 961% above its 10-year median of 1.54. GuruFocus rates MIL:1STX with a GF Score™ of 48/100 and a GF Value™ of €136.33 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,976 Hardware companies, Seagate Technology Holdings ranks worse than 96.1% on this metric.

As of today (2026-07-19), Seagate Technology Holdings's current share price is €652.00. Seagate Technology Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €39.91. Seagate Technology Holdings's Cyclically Adjusted PS Ratio for today is 16.34.

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

MIL:1STX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.54   Max: 22.34
Current: 16.44

During the past years, Seagate Technology Holdings's highest Cyclically Adjusted PS Ratio was 22.34. The lowest was 0.93. And the median was 1.54.

MIL:1STX's Cyclically Adjusted PS Ratio is ranked worse than
96.1% of 1976 companies
in the Hardware industry
Industry Median: 1.37 vs MIL:1STX: 16.44

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.

Seagate Technology Holdings's adjusted revenue per share data for the three months ended in Mar. 2026 was €11.755. 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 €39.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seagate Technology Holdings  (MIL:1STX) 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.


Seagate Technology Holdings Cyclically Adjusted PS Ratio Related Terms


Seagate Technology Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Seagate Technology Holdings'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.

Seagate Technology Holdings Cyclically Adjusted PS Ratio Chart

Seagate Technology Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 1.50 1.30 2.20 3.08

Seagate Technology Holdings 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 1.82 3.08 5.01 5.88 8.18

MIL:1STX vs WDC, ANET, DELL: Cyclically Adjusted PS Ratio Comparison

For the Computer Hardware subindustry, Seagate Technology Holdings'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.


Seagate Technology Holdings Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Seagate Technology Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Seagate Technology Holdings's Cyclically Adjusted PS Ratio falls into.


MIL:1STX
48GF Score
Seagate Technology Holdings PLC MIL:1STX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seagate Technology Holdings 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.

Seagate Technology Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=652.00/39.91
=16.34

* 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.

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

For example, Seagate Technology Holdings'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)
=11.755/330.2130*330.2130
=11.755

Current CPI (Mar. 2026) = 330.2130.

Seagate Technology Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 7.900 241.018 10.824
201609 8.279 241.428 11.324
201612 9.206 241.432 12.591
201703 8.334 243.801 11.288
201706 7.162 244.955 9.655
201709 7.562 246.819 10.117
201712 8.462 246.524 11.335
201803 7.812 249.554 10.337
201806 8.226 251.989 10.780
201809 8.778 252.439 11.482
201812 8.315 251.233 10.929
201903 7.208 254.202 9.363
201906 7.603 256.143 9.802
201909 8.670 256.759 11.150
201912 9.156 256.974 11.766
202003 9.353 258.115 11.966
202006 8.531 257.797 10.927
202009 7.585 260.280 9.623
202012 8.590 260.474 10.890
202103 9.679 264.877 12.066
202106 10.733 271.696 13.045
202109 11.462 274.310 13.798
202112 12.256 278.802 14.516
202203 11.460 287.504 13.162
202206 11.404 296.311 12.709
202209 9.787 296.808 10.889
202212 8.647 296.797 9.621
202303 8.392 301.836 9.181
202306 7.143 305.109 7.731
202309 6.550 307.789 7.027
202312 6.823 306.746 7.345
202403 7.148 312.332 7.557
202406 7.932 314.175 8.337
202409 9.043 315.301 9.471
202412 10.232 315.605 10.706
202503 9.250 319.799 9.551
202506 9.765 322.561 9.997
202509 9.911 324.800 10.076
202512 10.581 324.054 10.782
202603 11.755 330.213 11.755

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 16.34 mean?
Seagate Technology Holdings (MIL:1STX) has a Cyclically Adjusted PS Ratio of 16.34 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 Seagate Technology Holdings and its competitors. This is 961% above median its historical median of 1.54. Over the past decade, Seagate Technology Holdings' Cyclically Adjusted PS Ratio has ranged from 0.93 to 22.34. According to the industry distribution chart, Seagate Technology Holdings ranks #1899 out of 1976 companies in the Hardware industry, placing it in the top 96.1%.
Is Seagate Technology Holdings' Cyclically Adjusted PS Ratio too high?
Seagate Technology Holdings' current Cyclically Adjusted PS Ratio of 16.34 is 961% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 22.34. The Hardware industry median Cyclically Adjusted PS Ratio is 1.37. Seagate Technology Holdings' value of 16.34 is 1092.7% above this industry median. Based on the distribution chart, Seagate Technology Holdings ranks #1899 out of 1976 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Seagate Technology Holdings has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Seagate Technology Holdings' Cyclically Adjusted PS Ratio compare to WDC and ANET?
According to the Hardware industry distribution chart, Seagate Technology Holdings ranks #1899 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Seagate Technology Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Seagate Technology Holdings' value of 16.34 is 1092.7% above this benchmark. Historically, Seagate Technology Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.93 to 22.34 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.37, Seagate Technology Holdings 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 1.37, based on 1,976 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. Seagate Technology Holdings's current Cyclically Adjusted PS Ratio of 16.34 is 1092.7% 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 Seagate Technology Holdings and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seagate Technology Holdings's current Cyclically Adjusted PS Ratio is 16.34, which is 961% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seagate Technology Holdings stock overvalued right now?
Based on GuruFocus' analysis, Seagate Technology Holdings (MIL:1STX) is currently considered Significantly Overvalued. The stock's GF Value™ is €136.33, compared to a current price of €652.00 — trading 378.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 16.34, which is 961% above median its 10-year median of 1.54 and 1092.7% above the Hardware industry median of 1.37. Seagate Technology Holdings' overall GF Score™ is 48/100 with 3 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 Seagate Technology Holdings (MIL:1STX), the current Cyclically Adjusted PS Ratio is 16.34 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 Seagate Technology Holdings (MIL:1STX) Overvalued in 2026?

Based on GuruFocus' analysis, Seagate Technology Holdings stock appears to be overvalued. The current stock price of €652.00 is trading 378.3% above its estimated GF Value™ of €136.33. GuruFocus considers Seagate Technology Holdings to be Significantly Overvalued.

Key valuation signals for MIL:1STX:

  • Cyclically Adjusted PS Ratio: 16.34 (961% above median its 10-year median of 1.54)
  • GF Value™: €136.33 vs. price of €652.00 (378.3% above fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 1092.7% above the Hardware median (#1899 of 1976)

No single metric tells the full story. See the MIL:1STX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seagate Technology Holdings Business Description

Address 121 Woodlands Avenue 5, Singapore, SGP, 739009
Seagate Technology is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
48GF Score

Get the complete analysis for MIL:1STX

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

€652.00
Price
€136.33
GF Value