Cencora (WBO:ABC) Cyclically Adjusted PS Ratio: 0.24 (As of Jul. 07, 2026) — 26% Above Median


WBO:ABC Cencora Inc WBO:ABC
69 GF Score
Price €258.00
GF Value €252.69
Valuation Fairly Valued
! 1 Warning Sign
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What is Cencora Cyclically Adjusted PS Ratio?

Cencora WBO:ABC -0.46% 69 Cyclically Adjusted PS Ratio is 0.24 as of Jul. 07, 2026, which is 26% above its 10-year median of 0.19. GuruFocus rates WBO:ABC with a GF Score™ of 69/100 and a GF Value™ of €252.69 (Fairly Valued). The stock has 1 warning sign investors should review. Among 89 Medical Distribution companies, Cencora ranks better than 64.04% on this metric.

As of today (2026-07-07), Cencora's current share price is €258.00. Cencora's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1,091.22. Cencora's Cyclically Adjusted PS Ratio for today is 0.24.

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

WBO:ABC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.19   Max: 0.3
Current: 0.23

During the past years, Cencora's highest Cyclically Adjusted PS Ratio was 0.30. The lowest was 0.14. And the median was 0.19.

WBO:ABC's Cyclically Adjusted PS Ratio is ranked better than
64.04% of 89 companies
in the Medical Distribution industry
Industry Median: 0.37 vs WBO:ABC: 0.23

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.

Cencora's adjusted revenue per share data for the three months ended in Mar. 2026 was €346.897. 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 €1,091.22 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cencora  (WBO:ABC) 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.


Cencora Cyclically Adjusted PS Ratio Related Terms


Cencora Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cencora'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.

Cencora Cyclically Adjusted PS Ratio Chart

Cencora Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.15 0.18 0.21 0.26

Cencora 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 0.24 0.25 0.26 0.27 0.25

WBO:ABC vs CAH, MCK, HSIC: Cyclically Adjusted PS Ratio Comparison

For the Medical Distribution subindustry, Cencora'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.


Cencora Cyclically Adjusted PS Ratio vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Cencora's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:ABC
69GF Score
Cencora Inc WBO:ABC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Cencora 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=258.00/1091.22
=0.24

* 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.

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

For example, Cencora'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)
=346.897/330.2130*330.2130
=346.897

Current CPI (Mar. 2026) = 330.2130.

Cencora Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 146.016 241.018 200.053
201609 147.496 241.428 201.738
201612 163.008 241.432 222.950
201703 157.005 243.801 212.653
201706 155.266 244.955 209.307
201709 148.304 246.819 198.412
201712 154.849 246.524 207.417
201803 149.699 249.554 198.084
201806 167.285 251.989 219.215
201809 170.638 252.439 223.210
201812 186.475 251.233 245.097
201903 180.360 254.202 234.291
201906 189.603 256.143 244.431
201909 193.725 256.759 249.146
201912 207.589 256.974 266.753
202003 207.247 258.115 265.136
202006 195.995 257.797 251.051
202009 204.864 260.280 259.908
202012 208.745 260.474 264.634
202103 199.163 264.877 248.290
202106 212.179 271.696 257.877
202109 237.524 274.310 285.930
202112 249.903 278.802 295.985
202203 247.224 287.504 283.949
202206 268.356 296.311 299.060
202209 294.301 296.808 327.424
202212 287.541 296.797 319.915
202303 290.170 301.836 317.450
202306 302.347 305.109 327.224
202309 317.536 307.789 340.670
202312 328.264 306.746 353.377
202403 312.865 312.332 330.777
202406 344.770 314.175 362.370
202409 359.607 315.301 376.614
202412 398.693 315.605 417.147
202503 357.749 319.799 369.399
202506 358.220 322.561 366.718
202509 365.193 324.800 371.279
202512 375.724 324.054 382.865
202603 346.897 330.213 346.897

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 0.24 mean?
Cencora (WBO:ABC) has a Cyclically Adjusted PS Ratio of 0.24 as of Jul. 07, 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 Cencora and its competitors. This is 26% above median its historical median of 0.19. Over the past decade, Cencora's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.30. According to the industry distribution chart, Cencora ranks #32 out of 89 companies in the Medical Distribution industry, placing it in the top 36%.
Is Cencora's Cyclically Adjusted PS Ratio too high?
Cencora's current Cyclically Adjusted PS Ratio of 0.24 is 26% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.30. The Medical Distribution industry median Cyclically Adjusted PS Ratio is 0.37. Cencora's value of 0.24 is 35.1% below this industry median. Based on the distribution chart, Cencora ranks #32 out of 89 companies in the Medical Distribution industry, which is above the industry midpoint. Overall, Cencora has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cencora's Cyclically Adjusted PS Ratio compare to CAH and MCK?
According to the Medical Distribution industry distribution chart, Cencora ranks #32 out of 89 companies for Cyclically Adjusted PS Ratio. This puts Cencora in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.37. Cencora's value of 0.24 is 35.1% below this benchmark. Historically, Cencora's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.30 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.37, Cencora 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 Distribution company?
The median Cyclically Adjusted PS Ratio among Medical Distribution companies is 0.37, based on 89 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. Cencora's current Cyclically Adjusted PS Ratio of 0.24 is 35.1% 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 Cencora and its competitors. For the Medical Distribution industry, the median Cyclically Adjusted PS Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cencora's current Cyclically Adjusted PS Ratio is 0.24, which is 26% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cencora stock overvalued right now?
Based on GuruFocus' analysis, Cencora (WBO:ABC) is currently considered Fairly Valued. The stock's GF Value™ is €252.69, compared to a current price of €258.00 — trading 2.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.24, which is 26% above median its 10-year median of 0.19 and 35.1% below the Medical Distribution industry median of 0.37. Cencora's overall GF Score™ is 69/100 with 1 warning sign 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 Cencora (WBO:ABC), the current Cyclically Adjusted PS Ratio is 0.24 as of Jul. 07, 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 Cencora (WBO:ABC) Overvalued in 2026?

Based on GuruFocus' analysis, Cencora stock appears to be overvalued. The current stock price of €258.00 is trading 2.1% above its estimated GF Value™ of €252.69. GuruFocus considers Cencora to be Fairly Valued.

Key valuation signals for WBO:ABC:

  • Cyclically Adjusted PS Ratio: 0.24 (26% above median its 10-year median of 0.19)
  • GF Value™: €252.69 vs. price of €258.00 (2.1% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 35.1% below the Medical Distribution median (#32 of 89)

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


Cencora Business Description

Address 1 West First Avenue, Conshohocken, PA, USA, 19428-1800
Cencora is one of three leading domestic pharmaceutical wholesalers. It sources and distributes branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospital networks, and healthcare providers. It and McKesson and Cardinal Health hold over 90% share of the US pharmaceutical wholesale industry. Cencora also provides commercialization services for manufacturers of pharmaceuticals and medical devices, global specialty drug logistics (World Courier), and animal health product distribution (MWI Animal Health). Cencora expanded its international presence in 2021 by purchasing Alliance Healthcare, one of the leading drug wholesalers in Europe.
69GF 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.

€258.00
Price
€252.69
GF Value