Viatris (MIL:1VTRS) Cyclically Adjusted PS Ratio: 0.75 (As of Aug. 14, 2026) — Near Median

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MIL:1VTRS Viatris Inc MIL:1VTRS
35 GF Score
Price €14.09
GF Value €10.02
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Viatris Cyclically Adjusted PS Ratio?

Viatris MIL:1VTRS 35 Cyclically Adjusted PS Ratio is 0.75 as of Aug. 14, 2026, which is 7% above its 10-year median of 0.70. GuruFocus rates MIL:1VTRS with a GF Score™ of 35/100 and a GF Value™ of €10.02 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 751 Drug Manufacturers companies, Viatris ranks better than 77.36% on this metric.

As of today (2026-08-14), Viatris's current share price is €14.092. Viatris's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €18.73. Viatris's Cyclically Adjusted PS Ratio for today is 0.75.

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

MIL:1VTRS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.7   Max: 2.97
Current: 0.76

During the past years, Viatris's highest Cyclically Adjusted PS Ratio was 2.97. The lowest was 0.35. And the median was 0.70.

MIL:1VTRS's Cyclically Adjusted PS Ratio is ranked better than
77.36% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.04 vs MIL:1VTRS: 0.76

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.

Viatris's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.803. 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 €18.73 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viatris  (MIL:1VTRS) 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.


Viatris Cyclically Adjusted PS Ratio Related Terms


Viatris Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Viatris'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.

Viatris Cyclically Adjusted PS Ratio Chart

Viatris 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 0.61 0.49 0.48 0.57 0.59

Viatris 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 0.41 0.46 0.59 0.64 0.75

MIL:1VTRS vs UTHR, NBIX, ELAN: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Viatris'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.


Viatris Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Viatris's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:1VTRS
35GF Score
Viatris Inc MIL:1VTRS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Viatris 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.

Viatris's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.092/18.73
=0.75

* 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.

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

For example, Viatris'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)
=2.803/333.9520*333.9520
=2.803

Current CPI (Jun. 2026) = 333.9520.

Viatris Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.202 241.428 7.196
201612 5.775 241.432 7.988
201703 4.736 243.801 6.487
201706 4.909 244.955 6.693
201709 4.667 246.819 6.315
201712 5.108 246.524 6.920
201803 4.213 249.554 5.638
201806 4.656 251.989 6.170
201809 4.749 252.439 6.282
201812 5.239 251.233 6.964
201903 4.288 254.202 5.633
201906 4.895 256.143 6.382
201909 5.210 256.759 6.776
201912 5.530 256.974 7.187
202003 4.585 258.115 5.932
202006 4.689 257.797 6.074
202009 4.874 260.280 6.254
202012 3.486 260.474 4.469
202103 3.082 264.877 3.886
202106 3.143 271.696 3.863
202109 3.180 274.310 3.871
202112 3.177 278.802 3.805
202203 3.137 287.504 3.644
202206 3.200 296.311 3.607
202209 3.381 296.808 3.804
202212 2.996 296.797 3.371
202303 2.889 301.836 3.196
202306 3.005 305.109 3.289
202309 3.059 307.789 3.319
202312 2.906 306.746 3.164
202403 2.787 312.332 2.980
202406 2.961 314.175 3.147
202409 2.816 315.301 2.983
202412 2.824 315.605 2.988
202503 2.525 319.799 2.637
202506 2.648 322.561 2.742
202509 2.751 324.800 2.829
202512 2.744 324.054 2.828
202603 2.588 330.213 2.617
202606 2.803 333.952 2.803

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 0.75 mean?
Viatris (MIL:1VTRS) has a Cyclically Adjusted PS Ratio of 0.75 as of Aug. 14, 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 Viatris and its competitors. This is near median its historical median of 0.70. Over the past decade, Viatris' Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.97. According to the industry distribution chart, Viatris ranks #170 out of 751 companies in the Drug Manufacturers industry, placing it in the top 22.6%.
Is Viatris' Cyclically Adjusted PS Ratio too high?
Viatris' current Cyclically Adjusted PS Ratio of 0.75 is near median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.97. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.04. Viatris' value of 0.75 is 63.2% below this industry median. Based on the distribution chart, Viatris ranks #170 out of 751 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Viatris has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viatris' Cyclically Adjusted PS Ratio compare to UTHR and NBIX?
According to the Drug Manufacturers industry distribution chart, Viatris ranks #170 out of 751 companies for Cyclically Adjusted PS Ratio. This places Viatris in the top 23% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.04. Viatris' value of 0.75 is 63.2% below this benchmark. Historically, Viatris' own Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.97 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 2.04, Viatris 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.04, based on 751 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. Viatris's current Cyclically Adjusted PS Ratio of 0.75 is 63.2% 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 Viatris and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viatris's current Cyclically Adjusted PS Ratio is 0.75, which is near median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viatris stock overvalued right now?
Based on GuruFocus' analysis, Viatris (MIL:1VTRS) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.02, compared to a current price of €14.09 — trading 40.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.75, which is near median its 10-year median of 0.70 and 63.2% below the Drug Manufacturers industry median of 2.04. Viatris' overall GF Score™ is 35/100 with 8 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 Viatris (MIL:1VTRS), the current Cyclically Adjusted PS Ratio is 0.75 as of Aug. 14, 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 Viatris (MIL:1VTRS) Overvalued in 2026?

Based on GuruFocus' analysis, Viatris stock appears to be overvalued. The current stock price of €14.09 is trading 40.6% above its estimated GF Value™ of €10.02. GuruFocus considers Viatris to be Significantly Overvalued.

Key valuation signals for MIL:1VTRS:

  • Cyclically Adjusted PS Ratio: 0.75 (near median its 10-year median of 0.70)
  • GF Value™: €10.02 vs. price of €14.09 (40.6% above fair value)
  • GF Score™: 35/100 with 8 warning signs
  • Industry Position: 63.2% below the Drug Manufacturers median (#170 of 751)

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


Viatris Business Description

Address 1000 Mylan Boulevard, Canonsburg, PA, USA, 15317
Viatris was formed in November 2020 through the combination of Upjohn, a wholly owned subsidiary of Pfizer that specialized in off-patent drugs, and Mylan, a global pharmaceutical manufacturer that focused on generic and specialty drugs. By joining forces, Viatris became one of the largest generic drug manufacturers in the world, servicing over 165 countries. Generics (commoditized and complex) and biosimilars make up roughly 40% of Viatris' total sales. The remaining 60% of sales are derived from its portfolio of legacy products, which includes Lipitor, Norvasc, Lyrica, and Viagra. While it covers more than 10 major therapeutic areas, Viatris has identified dermatology, ophthalmology, and gastroenterology as its three key areas of focus for future innovations.
35GF Score

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

€14.09
Price
€10.02
GF Value