PHG (Koninklijke Philips NV) Cyclically Adjusted PS Ratio: 1.07 (As of Jul. 17, 2026) — 15% Below Median

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PHG Koninklijke Philips NV PHG
70 GF Score
Price $27.29
GF Value $25.75
Valuation Fairly Valued
! 2 Warning Signs
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What is Koninklijke Philips NV Cyclically Adjusted PS Ratio?

Koninklijke Philips NV PHG +1.00% 70 Cyclically Adjusted PS Ratio is 1.07 as of Jul. 17, 2026, which is 15% below its 10-year median of 1.26. GuruFocus rates PHG with a GF Scoreâ„¢ of 70/100 and a GF Valueâ„¢ of $25.75 (Fairly Valued). The stock has 2 warning signs investors should review. Among 523 Medical Devices & Instruments companies, Koninklijke Philips NV ranks better than 69.6% on this metric.

As of today (2026-07-17), Koninklijke Philips NV's current share price is $27.29. Koninklijke Philips NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $25.39. Koninklijke Philips NV's Cyclically Adjusted PS Ratio for today is 1.07.

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

PHG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.26   Max: 2.31
Current: 1.1

During the past years, Koninklijke Philips NV's highest Cyclically Adjusted PS Ratio was 2.31. The lowest was 0.51. And the median was 1.26.

PHG's Cyclically Adjusted PS Ratio is ranked better than
69.6% of 523 companies
in the Medical Devices & Instruments industry
Industry Median: 2.28 vs PHG: 1.10

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.

Koninklijke Philips NV's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.661. 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 $25.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Philips NV  (NYSE:PHG) 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.


Koninklijke Philips NV Cyclically Adjusted PS Ratio Related Terms


Koninklijke Philips NV Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Koninklijke Philips NV'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.

Koninklijke Philips NV Cyclically Adjusted PS Ratio Chart

Koninklijke Philips NV 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 1.45 0.59 0.95 1.14 1.07

Koninklijke Philips NV 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 1.09 0.96 1.09 1.07 1.08

PHG vs ABT, SYK, MDT: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Koninklijke Philips NV'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.


Koninklijke Philips NV Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


PHG
70GF Score
Koninklijke Philips NV PHG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Koninklijke Philips NV 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.

Koninklijke Philips NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.29/25.39
=1.07

* 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.

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

For example, Koninklijke Philips NV'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)
=4.661/136.9100*136.9100
=4.661

Current CPI (Mar. 2026) = 136.9100.

Koninklijke Philips NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.589 100.260 6.267
201609 4.548 100.570 6.191
201612 5.376 100.710 7.308
201703 5.927 101.440 7.999
201706 4.659 101.370 6.292
201709 4.715 102.030 6.327
201712 5.973 101.970 8.020
201803 4.692 102.470 6.269
201806 4.891 103.100 6.495
201809 4.844 103.950 6.380
201812 6.188 103.970 8.148
201903 4.606 105.370 5.985
201906 5.243 105.840 6.782
201909 5.175 106.700 6.640
201912 4.051 106.800 5.193
202003 4.644 106.850 5.950
202006 4.531 107.510 5.770
202009 5.960 107.880 7.564
202012 4.441 107.850 5.638
202103 4.615 108.870 5.804
202106 5.165 109.670 6.448
202109 4.935 110.790 6.098
202112 5.803 114.010 6.969
202203 4.594 119.460 5.265
202206 4.623 119.050 5.317
202209 4.463 126.890 4.815
202212 5.997 124.940 6.572
202303 4.685 124.720 5.143
202306 4.955 125.830 5.391
202309 4.913 127.160 5.290
202312 5.863 126.450 6.348
202403 4.801 128.580 5.112
202406 4.996 129.910 5.265
202409 5.040 131.610 5.243
202412 6.068 131.630 6.311
202503 4.625 133.330 4.749
202506 5.230 133.960 5.345
202509 5.239 135.920 5.277
202512 6.162 135.270 6.237
202603 4.661 136.910 4.661

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 1.07 mean?
Koninklijke Philips NV (PHG) has a Cyclically Adjusted PS Ratio of 1.07 as of Jul. 17, 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 Koninklijke Philips NV and its competitors. This is 15% below median its historical median of 1.26. Over the past decade, Koninklijke Philips NV's Cyclically Adjusted PS Ratio has ranged from 0.51 to 2.31. According to the industry distribution chart, Koninklijke Philips NV ranks #159 out of 523 companies in the Medical Devices & Instruments industry, placing it in the top 30.4%.
Is Koninklijke Philips NV's Cyclically Adjusted PS Ratio too high?
Koninklijke Philips NV's current Cyclically Adjusted PS Ratio of 1.07 is 15% below median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.31. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.28. Koninklijke Philips NV's value of 1.07 is 53.1% below this industry median. Based on the distribution chart, Koninklijke Philips NV ranks #159 out of 523 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Koninklijke Philips NV has a GF Scoreâ„¢ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Philips NV's Cyclically Adjusted PS Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Koninklijke Philips NV ranks #159 out of 523 companies for Cyclically Adjusted PS Ratio. This puts Koninklijke Philips NV in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.28. Koninklijke Philips NV's value of 1.07 is 53.1% below this benchmark. Historically, Koninklijke Philips NV's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 2.31 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 2.28, Koninklijke Philips NV 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.28, 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. Koninklijke Philips NV's current Cyclically Adjusted PS Ratio of 1.07 is 53.1% 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 Koninklijke Philips NV and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koninklijke Philips NV's current Cyclically Adjusted PS Ratio is 1.07, which is 15% below median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Philips NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Philips NV (PHG) is currently considered Fairly Valued. The stock's GF Value™ is $25.75, compared to a current price of $27.29 — trading 6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.07, which is 15% below median its 10-year median of 1.26 and 53.1% below the Medical Devices & Instruments industry median of 2.28. Koninklijke Philips NV's overall GF Score™ is 70/100 with 2 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 Koninklijke Philips NV (PHG), the current Cyclically Adjusted PS Ratio is 1.07 as of Jul. 17, 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 Koninklijke Philips NV (PHG) Overvalued in 2026?

Based on GuruFocus' analysis, Koninklijke Philips NV stock appears to be overvalued. The current stock price of $27.29 is trading 6% above its estimated GF Value™ of $25.75. GuruFocus considers Koninklijke Philips NV to be Fairly Valued.

Key valuation signals for PHG:

  • Cyclically Adjusted PS Ratio: 1.07 (15% below median its 10-year median of 1.26)
  • GF Value™: $25.75 vs. price of $27.29 (6% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 53.1% below the Medical Devices & Instruments median (#159 of 523)

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


Koninklijke Philips NV Business Description

Address Prinses Irenestraat 59, Amsterdam, NLD, 1077 WV
Koninklijke Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Nearly 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound and X-ray equipment, and image-guided therapy solutions. The connected care segment (under 30% of revenue) encompasses monitoring and analytics systems for hospitals, informatics business, and also houses the sleep and respiratory care segment. Personal health business (remainder of revenue) is mainly oral health and personal care product lines, which include electric toothbrushes and men's grooming and personal-care products.
70GF 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.

$27.29
Price
$25.75
GF Value