Recordati SpA (MIL:REC) Cyclically Adjusted PS Ratio: 5.54 (As of Jul. 08, 2026) — 15% Below Median


MIL:REC Recordati SpA MIL:REC
96 GF Score
Price €51.40
GF Value €60.78
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Recordati SpA Cyclically Adjusted PS Ratio?

Recordati SpA MIL:REC -0.10% 96 Cyclically Adjusted PS Ratio is 5.54 as of Jul. 08, 2026, which is 15% below its 10-year median of 6.52. GuruFocus rates MIL:REC with a GF Score™ of 96/100 and a GF Value™ of €60.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 750 Drug Manufacturers companies, Recordati SpA ranks worse than 80.67% on this metric.

As of today (2026-07-08), Recordati SpA's current share price is €51.40. Recordati SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.28. Recordati SpA's Cyclically Adjusted PS Ratio for today is 5.54.

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

MIL:REC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.9   Med: 6.52   Max: 10.01
Current: 5.53

During the past years, Recordati SpA's highest Cyclically Adjusted PS Ratio was 10.01. The lowest was 4.90. And the median was 6.52.

MIL:REC's Cyclically Adjusted PS Ratio is ranked worse than
80.67% of 750 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs MIL:REC: 5.53

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.

Recordati SpA's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.412. 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 €9.28 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Recordati SpA  (MIL:REC) 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.


Recordati SpA Cyclically Adjusted PS Ratio Related Terms


Recordati SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Recordati SpA'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.

Recordati SpA Cyclically Adjusted PS Ratio Chart

Recordati SpA 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 9.31 5.36 6.31 6.04 5.33

Recordati SpA 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 6.06 6.07 5.75 5.33 5.29

MIL:REC vs LLY, JNJ, ABBV: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, Recordati SpA'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.


Recordati SpA Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


MIL:REC
96GF Score
Recordati SpA MIL:REC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Recordati SpA 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.

Recordati SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.40/9.28
=5.54

* 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.

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

For example, Recordati SpA'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)
=3.412/124.5600*124.5600
=3.412

Current CPI (Mar. 2026) = 124.5600.

Recordati SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.367 99.900 1.704
201609 1.313 100.100 1.634
201612 1.392 100.300 1.729
201703 1.633 101.000 2.014
201706 1.478 101.100 1.821
201709 1.496 101.200 1.841
201712 1.551 101.200 1.909
201803 1.752 101.800 2.144
201806 1.576 102.400 1.917
201809 1.516 102.600 1.840
201812 1.623 102.300 1.976
201903 1.830 102.800 2.217
201906 1.723 103.100 2.082
201909 1.709 102.900 2.069
201912 1.825 102.800 2.211
202003 2.054 102.900 2.486
202006 1.583 102.900 1.916
202009 1.596 102.300 1.943
202012 1.698 102.600 2.061
202103 1.866 103.700 2.241
202106 1.820 104.200 2.176
202109 1.843 104.900 2.188
202112 2.030 106.600 2.372
202203 2.003 110.400 2.260
202206 2.265 112.500 2.508
202209 2.322 114.200 2.533
202212 2.273 119.000 2.379
202303 2.637 118.800 2.765
202306 2.356 119.700 2.452
202309 2.449 120.300 2.536
202312 2.515 119.700 2.617
202403 2.906 120.200 3.011
202406 2.765 120.700 2.853
202409 2.663 121.200 2.737
202412 2.865 121.200 2.944
202503 3.252 122.500 3.307
202506 3.076 122.700 3.123
202509 3.025 123.100 3.061
202512 3.166 122.600 3.217
202603 3.412 124.560 3.412

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 5.54 mean?
Recordati SpA (MIL:REC) has a Cyclically Adjusted PS Ratio of 5.54 as of Jul. 08, 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 Recordati SpA and its competitors. This is 15% below median its historical median of 6.52. Over the past decade, Recordati SpA's Cyclically Adjusted PS Ratio has ranged from 4.90 to 10.01. According to the industry distribution chart, Recordati SpA ranks #605 out of 750 companies in the Drug Manufacturers industry, placing it in the top 80.7%.
Is Recordati SpA's Cyclically Adjusted PS Ratio too high?
Recordati SpA's current Cyclically Adjusted PS Ratio of 5.54 is 15% below median its 10-year median of 6.52. Over the past 10 years, this metric has ranged from a low of 4.90 to a high of 10.01. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.01. Recordati SpA's value of 5.54 is 175.6% above this industry median. Based on the distribution chart, Recordati SpA ranks #605 out of 750 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Recordati SpA has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Recordati SpA's Cyclically Adjusted PS Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Recordati SpA ranks #605 out of 750 companies for Cyclically Adjusted PS Ratio. This places Recordati SpA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.01. Recordati SpA's value of 5.54 is 175.6% above this benchmark. Historically, Recordati SpA's own Cyclically Adjusted PS Ratio has ranged from 4.90 to 10.01 over the past decade. While the company's 10-year median is 6.52 vs. the industry median of 2.01, Recordati SpA 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.01, based on 750 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. Recordati SpA's current Cyclically Adjusted PS Ratio of 5.54 is 175.6% 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 Recordati SpA and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Recordati SpA's current Cyclically Adjusted PS Ratio is 5.54, which is 15% below median its own 10-year median of 6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Recordati SpA stock overvalued right now?
Based on GuruFocus' analysis, Recordati SpA (MIL:REC) is currently considered Modestly Undervalued. The stock's GF Value™ is €60.78, compared to a current price of €51.40 — trading 15.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.54, which is 15% below median its 10-year median of 6.52 and 175.6% above the Drug Manufacturers industry median of 2.01. Recordati SpA's overall GF Score™ is 96/100 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 Recordati SpA (MIL:REC), the current Cyclically Adjusted PS Ratio is 5.54 as of Jul. 08, 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 Recordati SpA (MIL:REC) Overvalued in 2026?

Based on GuruFocus' analysis, Recordati SpA stock appears to be undervalued. The current stock price of €51.40 is trading 15.4% below its estimated GF Value™ of €60.78. GuruFocus considers Recordati SpA to be Modestly Undervalued.

Key valuation signals for MIL:REC:

  • Cyclically Adjusted PS Ratio: 5.54 (15% below median its 10-year median of 6.52)
  • GF Value™: €60.78 vs. price of €51.40 (15.4% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 175.6% above the Drug Manufacturers median (#605 of 750)

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


Recordati SpA Business Description

Address Via Matteo Civitali 1, MIlan, ITA, 20148
Recordati SpA is engaged in the development, production, and marketing of pharmaceutical products or of pharmaceutical chemicals. The Company operates in a broad and diverse context, which includes general medicine, specialist medicine, self-medication, and rare diseases. In addition, it is also active in the field of urology, with treatments for benign prostatic hyperplasia and male functional disorders, and in psychiatry. The Company's only operating segment is the Specialty & Primary Care segment. Its geographic areas are Europe, Australasia, America, and Africa.
96GF Score

Get the complete analysis for MIL:REC

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

€51.40
Price
€60.78
GF Value