PACCAR (WBO:PCAR) Cyclically Adjusted PS Ratio: 2.01 (As of Sep. 17, 2026) — 35% Above Median

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WBO:PCAR PACCAR Inc WBO:PCAR
80 GF Score
Price €104.82
GF Value €77.68
Valuation Significantly Overvalued
! 8 Warning Signs
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What is PACCAR Cyclically Adjusted PS Ratio?

PACCAR WBO:PCAR -0.68% 80 Cyclically Adjusted PS Ratio is 2.01 as of Sep. 17, 2026, which is 35% above its 10-year median of 1.49. GuruFocus rates WBO:PCAR with a GF Score™ of 80/100 and a GF Value™ of €77.68 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 172 Farm & Heavy Construction Machinery companies, PACCAR ranks worse than 72.09% on this metric.

As of today (2026-09-17), PACCAR's current share price is €104.82. PACCAR's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €52.17. PACCAR's Cyclically Adjusted PS Ratio for today is 2.01.

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

WBO:PCAR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.49   Max: 2.43
Current: 2.1

During the past years, PACCAR's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.94. And the median was 1.49.

WBO:PCAR's Cyclically Adjusted PS Ratio is ranked worse than
72.09% of 172 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.09 vs WBO:PCAR: 2.10

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.

PACCAR's adjusted revenue per share data for the three months ended in Jun. 2026 was €12.300. 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 €52.17 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PACCAR  (WBO:PCAR) 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.


PACCAR Cyclically Adjusted PS Ratio Related Terms


PACCAR Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PACCAR'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.

PACCAR Cyclically Adjusted PS Ratio Chart

PACCAR 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 1.43 1.52 1.97 2.05 1.89

PACCAR 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 1.62 1.67 1.88 1.93 2.02

WBO:PCAR vs CNH, OSK, AGCO: Cyclically Adjusted PS Ratio Comparison

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR Cyclically Adjusted PS Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WBO:PCAR
80GF Score
PACCAR Inc WBO:PCAR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PACCAR 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=104.82/52.166
=2.01

* 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.

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

For example, PACCAR'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)
=12.3/333.9520*333.9520
=12.300

Current CPI (Jun. 2026) = 333.9520.

PACCAR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.196 241.428 9.954
201612 7.134 241.432 9.868
201703 7.508 243.801 10.284
201706 8.059 244.955 10.987
201709 8.139 246.819 11.012
201712 8.777 246.524 11.890
201803 8.683 249.554 11.620
201806 9.210 251.989 12.206
201809 9.394 252.439 12.427
201812 10.493 251.233 13.948
201903 10.968 254.202 14.409
201906 11.323 256.143 14.763
201909 10.990 256.759 14.294
201912 10.616 256.974 13.796
202003 8.994 258.115 11.637
202006 5.325 257.797 6.898
202009 8.087 260.280 10.376
202012 8.977 260.474 11.509
202103 9.300 264.877 11.725
202106 9.288 271.696 11.416
202109 8.359 274.310 10.176
202112 11.193 278.802 13.407
202203 11.039 287.504 12.822
202206 12.854 296.311 14.487
202209 13.394 296.808 15.070
202212 15.229 296.797 17.135
202303 15.060 301.836 16.662
202306 15.570 305.109 17.042
202309 15.241 307.789 16.537
202312 16.074 306.746 17.500
202403 15.324 312.332 16.385
202406 15.474 314.175 16.448
202409 14.227 315.301 15.069
202412 14.057 315.605 14.874
202503 13.414 319.799 14.008
202506 12.569 322.561 13.013
202509 10.838 324.800 11.143
202512 11.125 324.054 11.465
202603 10.975 330.213 11.099
202606 12.300 333.952 12.300

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 2.01 mean?
PACCAR (WBO:PCAR) has a Cyclically Adjusted PS Ratio of 2.01 as of Sep. 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 PACCAR and its competitors. This is 35% above median its historical median of 1.49. Over the past decade, PACCAR's Cyclically Adjusted PS Ratio has ranged from 0.94 to 2.43. According to the industry distribution chart, PACCAR ranks #124 out of 172 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 72.1%.
Is PACCAR's Cyclically Adjusted PS Ratio too high?
PACCAR's current Cyclically Adjusted PS Ratio of 2.01 is 35% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 2.43. The Farm & Heavy Construction Machinery industry median Cyclically Adjusted PS Ratio is 1.09. PACCAR's value of 2.01 is 84.4% above this industry median. Based on the distribution chart, PACCAR ranks #124 out of 172 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, PACCAR has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PACCAR's Cyclically Adjusted PS Ratio compare to CNH and OSK?
According to the Farm & Heavy Construction Machinery industry distribution chart, PACCAR ranks #124 out of 172 companies for Cyclically Adjusted PS Ratio. This places PACCAR in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.09. PACCAR's value of 2.01 is 84.4% above this benchmark. Historically, PACCAR's own Cyclically Adjusted PS Ratio has ranged from 0.94 to 2.43 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.09, PACCAR 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 Farm & Heavy Construction Machinery company?
The median Cyclically Adjusted PS Ratio among Farm & Heavy Construction Machinery companies is 1.09, based on 172 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. PACCAR's current Cyclically Adjusted PS Ratio of 2.01 is 84.4% 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 PACCAR and its competitors. For the Farm & Heavy Construction Machinery industry, the median Cyclically Adjusted PS Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PACCAR's current Cyclically Adjusted PS Ratio is 2.01, which is 35% above median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PACCAR stock overvalued right now?
Based on GuruFocus' analysis, PACCAR (WBO:PCAR) is currently considered Significantly Overvalued. The stock's GF Value™ is €77.68, compared to a current price of €104.82 — trading 34.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.01, which is 35% above median its 10-year median of 1.49 and 84.4% above the Farm & Heavy Construction Machinery industry median of 1.09. PACCAR's overall GF Score™ is 80/100 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 PACCAR (WBO:PCAR), the current Cyclically Adjusted PS Ratio is 2.01 as of Sep. 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 PACCAR (WBO:PCAR) Overvalued in 2026?

Based on GuruFocus' analysis, PACCAR stock appears to be overvalued. The current stock price of €104.82 is trading 34.9% above its estimated GF Value™ of €77.68. GuruFocus considers PACCAR to be Significantly Overvalued.

Key valuation signals for WBO:PCAR:

  • Cyclically Adjusted PS Ratio: 2.01 (35% above median its 10-year median of 1.49)
  • GF Value™: €77.68 vs. price of €104.82 (34.9% above fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 84.4% above the Farm & Heavy Construction Machinery median (#124 of 172)

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


PACCAR Business Description

Address 777 - 106th Avenue NE, Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium nameplates Kenworth and Peterbilt, which are primarily sold in the Americas and Australia, and DAF, which primarily services Europe and South America. The trucks segment (74% sales) goes to market through a network of 2,200 independent dealers. Paccar maintains an internal finance subsidiary that provides retail and wholesale financing for customers and dealers (6% sales). In recent years, Paccar has aggressively expanded its parts business (20% of sales), including engines, axles, and transmissions for its own truck brands as well as independent producers. The company commands 30% of the Class 8 market share in North America and 15% of the heavy-duty market share in Europe.
80GF Score

Get the complete analysis for WBO:PCAR

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

€104.82
Price
€77.68
GF Value