Pfizer (UKEX:PFE) Cyclically Adjusted PS Ratio: 2.30 (As of Jul. 20, 2026) — 43% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UKEX:PFE Pfizer Inc UKEX:PFE
73 GF Score
Price ₴1,014.00
GF Value ₴1,052.46
! 5 Warning Signs
View Full Analysis

What is Pfizer Cyclically Adjusted PS Ratio?

Pfizer UKEX:PFE 73 Cyclically Adjusted PS Ratio is 2.30 as of Jul. 20, 2026, which is 43% below its 10-year median of 4.02. GuruFocus rates UKEX:PFE with a GF Score™ of 73/100 and a GF Value™ of ₴1,052.46. The stock has 5 warning signs investors should review. Among 751 Drug Manufacturers companies, Pfizer ranks worse than 50.6% on this metric.

As of today (2026-07-20), Pfizer's current share price is ₴1014.00. Pfizer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ₴440.19. Pfizer's Cyclically Adjusted PS Ratio for today is 2.30.

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

UKEX:PFE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.85   Med: 4.02   Max: 6.59
Current: 2.05

During the past years, Pfizer's highest Cyclically Adjusted PS Ratio was 6.59. The lowest was 1.85. And the median was 4.02.

UKEX:PFE's Cyclically Adjusted PS Ratio is ranked worse than
50.6% of 751 companies
in the Drug Manufacturers industry
Industry Median: 2.01 vs UKEX:PFE: 2.05

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.

Pfizer's adjusted revenue per share data for the three months ended in Mar. 2026 was ₴112.739. 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 ₴440.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pfizer  (UKEX:PFE) 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.


Pfizer Cyclically Adjusted PS Ratio Related Terms


Pfizer Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Pfizer'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.

Pfizer Cyclically Adjusted PS Ratio Chart

Pfizer 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 6.29 4.74 2.56 2.28 2.07

Pfizer 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 2.14 2.03 2.12 2.07 2.30

UKEX:PFE vs GILD, BMY, AMGN: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, Pfizer'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.


Pfizer Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


UKEX:PFE
73GF Score
Pfizer Inc UKEX:PFE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pfizer 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1014.00/440.19
=2.30

* 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.

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

For example, Pfizer'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)
=112.739/330.2130*330.2130
=112.739

Current CPI (Mar. 2026) = 330.2130.

Pfizer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 95.600 241.018 130.979
201609 94.843 241.428 129.721
201612 99.714 241.432 136.382
201703 93.793 243.801 127.037
201706 95.514 244.955 128.758
201709 97.464 246.819 130.395
201712 101.090 246.524 135.408
201803 95.273 249.554 126.066
201806 101.160 251.989 132.563
201809 99.331 252.439 129.934
201812 8.732 251.233 11.477
201903 102.008 254.202 132.510
201906 104.562 256.143 134.799
201909 100.365 256.759 129.078
201912 14.637 256.974 18.809
202003 80.321 258.115 102.757
202006 78.493 257.797 100.542
202009 81.576 260.280 103.494
202012 90.240 260.474 114.401
202103 114.634 264.877 142.910
202106 148.826 271.696 180.880
202109 187.717 274.310 225.973
202112 184.791 278.802 218.866
202203 199.268 287.504 228.869
202206 217.162 296.311 242.008
202209 177.023 296.808 196.946
202212 195.625 296.797 217.650
202303 144.320 301.836 157.888
202306 101.792 305.109 110.167
202309 106.849 307.789 114.633
202312 114.413 306.746 123.166
202403 116.771 312.332 123.456
202406 104.270 314.175 109.593
202409 138.732 315.301 145.293
202412 139.275 315.605 145.721
202503 107.398 319.799 110.895
202506 114.823 322.561 117.547
202509 130.321 324.800 132.493
202512 137.195 324.054 139.803
202603 112.739 330.213 112.739

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 2.30 mean?
Pfizer (UKEX:PFE) has a Cyclically Adjusted PS Ratio of 2.30 as of Jul. 20, 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 Pfizer and its competitors. This is 43% below median its historical median of 4.02. Over the past decade, Pfizer's Cyclically Adjusted PS Ratio has ranged from 1.85 to 6.59. According to the industry distribution chart, Pfizer ranks #380 out of 751 companies in the Drug Manufacturers industry, placing it in the top 50.6%.
Is Pfizer's Cyclically Adjusted PS Ratio too high?
Pfizer's current Cyclically Adjusted PS Ratio of 2.30 is 43% below median its 10-year median of 4.02. Over the past 10 years, this metric has ranged from a low of 1.85 to a high of 6.59. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.01. Pfizer's value of 2.30 is 14.4% above this industry median. Based on the distribution chart, Pfizer ranks #380 out of 751 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Pfizer has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Pfizer's Cyclically Adjusted PS Ratio compare to GILD and BMY?
According to the Drug Manufacturers industry distribution chart, Pfizer ranks #380 out of 751 companies for Cyclically Adjusted PS Ratio. This places Pfizer in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.01. Pfizer's value of 2.30 is 14.4% above this benchmark. Historically, Pfizer's own Cyclically Adjusted PS Ratio has ranged from 1.85 to 6.59 over the past decade. While the company's 10-year median is 4.02 vs. the industry median of 2.01, Pfizer 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 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. Pfizer's current Cyclically Adjusted PS Ratio of 2.30 is 14.4% 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 Pfizer 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. Pfizer's current Cyclically Adjusted PS Ratio is 2.30, which is 43% below median its own 10-year median of 4.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pfizer stock overvalued right now?
Pfizer (UKEX:PFE) has a current Cyclically Adjusted PS Ratio of 2.30. The stock's GF Value™ is ₴1,052.46, compared to a current price of ₴1,014.00 — trading 3.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.30, which is 43% below median its 10-year median of 4.02 and 14.4% above the Drug Manufacturers industry median of 2.01. Pfizer's overall GF Score™ is 73/100 with 5 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 Pfizer (UKEX:PFE), the current Cyclically Adjusted PS Ratio is 2.30 as of Jul. 20, 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 Pfizer (UKEX:PFE) Overvalued in 2026?

Based on GuruFocus' analysis, Pfizer stock appears to be undervalued. The current stock price of ₴1,014.00 is trading 3.7% below its estimated GF Value™ of ₴1,052.46.

Key valuation signals for UKEX:PFE:

  • Cyclically Adjusted PS Ratio: 2.30 (43% below median its 10-year median of 4.02)
  • GF Value™: ₴1,052.46 vs. price of ₴1,014.00 (3.7% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 14.4% above the Drug Manufacturers median (#380 of 751)

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


Pfizer Business Description

Address 66 Hudson Boulevard East, New York, NY, USA, 10001-2192
Pfizer is one of the world's largest pharmaceutical firms, with annual sales of roughly $60 billion. While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13 and cardiology drugs Vyndaqel and Eliquis. Pfizer sells these products globally, with international sales representing 40% of total sales. Within international sales, emerging markets are a major contributor.
73GF Score

Get the complete analysis for UKEX:PFE

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

₴1,014.00
Price
₴1,052.46
GF Value