Thermo Fisher Scientific (XSGO:TMOCL) Cyclically Adjusted PS Ratio: 4.80 (As of Aug. 13, 2026) — 25% Below Median

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XSGO:TMOCL Thermo Fisher Scientific Inc XSGO:TMOCL
65 GF Score
Price CLP448,200.00
GF Value CLP440,065.73
Valuation Fairly Valued
! 10 Warning Signs
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What is Thermo Fisher Scientific Cyclically Adjusted PS Ratio?

Thermo Fisher Scientific XSGO:TMOCL 65 Cyclically Adjusted PS Ratio is 4.80 as of Aug. 13, 2026, which is 25% below its 10-year median of 6.43. GuruFocus rates XSGO:TMOCL with a GF Score™ of 65/100 and a GF Value™ of CLP440,065.73 (Fairly Valued). The stock has 10 warning signs investors should review. Among 136 Medical Diagnostics & Research companies, Thermo Fisher Scientific ranks worse than 75.74% on this metric.

As of today (2026-08-13), Thermo Fisher Scientific's current share price is CLP448200.00. Thermo Fisher Scientific's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was CLP93,401.82. Thermo Fisher Scientific's Cyclically Adjusted PS Ratio for today is 4.80.

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

XSGO:TMOCL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.16   Med: 6.43   Max: 10.98
Current: 5.79

During the past years, Thermo Fisher Scientific's highest Cyclically Adjusted PS Ratio was 10.98. The lowest was 4.16. And the median was 6.43.

XSGO:TMOCL's Cyclically Adjusted PS Ratio is ranked worse than
75.74% of 136 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.95 vs XSGO:TMOCL: 5.79

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.

Thermo Fisher Scientific's adjusted revenue per share data for the three months ended in Jun. 2026 was CLP29,271.781. 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 CLP93,401.82 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thermo Fisher Scientific  (XSGO:TMOCL) 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.


Thermo Fisher Scientific Cyclically Adjusted PS Ratio Related Terms


Thermo Fisher Scientific Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thermo Fisher Scientific'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.

Thermo Fisher Scientific Cyclically Adjusted PS Ratio Chart

Thermo Fisher Scientific 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 10.77 7.54 6.48 5.79 5.89

Thermo Fisher Scientific 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 4.28 5.00 5.89 4.83 4.80

XSGO:TMOCL vs DHR, IDXX, A: Cyclically Adjusted PS Ratio Comparison

For the Diagnostics & Research subindustry, Thermo Fisher Scientific'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.


Thermo Fisher Scientific Cyclically Adjusted PS Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thermo Fisher Scientific's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XSGO:TMOCL
65GF Score
Thermo Fisher Scientific Inc XSGO:TMOCL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermo Fisher Scientific 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.

Thermo Fisher Scientific's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=448200.00/93401.82
=4.80

* 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.

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

For example, Thermo Fisher Scientific'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)
=29271.781/333.9520*333.9520
=29,271.781

Current CPI (Jun. 2026) = 333.9520.

Thermo Fisher Scientific Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7,547.429 241.428 10,439.879
201612 8,344.605 241.432 11,542.370
201703 8,005.785 243.801 10,966.107
201706 8,437.782 244.955 11,503.395
201709 8,006.724 246.819 10,833.289
201712 9,510.984 246.524 12,883.987
201803 8,708.974 249.554 11,654.308
201806 9,543.952 251.989 12,648.258
201809 9,917.847 252.439 13,120.337
201812 10,967.774 251.233 14,578.937
201903 10,176.828 254.202 13,369.572
201906 10,829.678 256.143 14,119.428
201909 11,158.433 256.759 14,513.147
201912 12,967.621 256.974 16,852.144
202003 13,088.151 258.115 16,933.592
202006 13,831.970 257.797 17,918.029
202009 16,513.587 260.280 21,187.742
202012 19,311.300 260.474 24,758.891
202103 18,117.826 264.877 22,842.618
202106 17,062.345 271.696 20,971.984
202109 18,457.164 274.310 22,470.223
202112 22,908.720 278.802 27,440.308
202203 23,887.632 287.504 27,746.823
202206 24,149.022 296.311 27,216.722
202209 24,993.474 296.808 28,121.279
202212 25,483.274 296.797 28,673.438
202303 22,286.701 301.836 24,658.054
202306 22,021.560 305.109 24,103.334
202309 24,162.265 307.789 26,216.131
202312 24,570.821 306.746 26,750.063
202403 26,123.517 312.332 27,931.819
202406 25,537.678 314.175 27,145.249
202409 25,553.311 315.301 27,064.866
202412 29,293.431 315.605 30,996.340
202503 25,495.102 319.799 26,623.411
202506 26,916.634 322.561 27,867.175
202509 28,238.037 324.800 29,033.710
202512 29,533.962 324.054 30,436.056
202603 26,929.642 330.213 27,234.566
202606 29,271.781 333.952 29,271.781

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 4.80 mean?
Thermo Fisher Scientific (XSGO:TMOCL) has a Cyclically Adjusted PS Ratio of 4.80 as of Aug. 13, 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 Thermo Fisher Scientific and its competitors. This is 25% below median its historical median of 6.43. Over the past decade, Thermo Fisher Scientific's Cyclically Adjusted PS Ratio has ranged from 4.16 to 10.98. According to the industry distribution chart, Thermo Fisher Scientific ranks #103 out of 136 companies in the Medical Diagnostics & Research industry, placing it in the top 75.7%.
Is Thermo Fisher Scientific's Cyclically Adjusted PS Ratio too high?
Thermo Fisher Scientific's current Cyclically Adjusted PS Ratio of 4.80 is 25% below median its 10-year median of 6.43. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 10.98. The Medical Diagnostics & Research industry median Cyclically Adjusted PS Ratio is 1.95. Thermo Fisher Scientific's value of 4.80 is 146.2% above this industry median. Based on the distribution chart, Thermo Fisher Scientific ranks #103 out of 136 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Thermo Fisher Scientific has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thermo Fisher Scientific's Cyclically Adjusted PS Ratio compare to DHR and IDXX?
According to the Medical Diagnostics & Research industry distribution chart, Thermo Fisher Scientific ranks #103 out of 136 companies for Cyclically Adjusted PS Ratio. This places Thermo Fisher Scientific in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.95. Thermo Fisher Scientific's value of 4.80 is 146.2% above this benchmark. Historically, Thermo Fisher Scientific's own Cyclically Adjusted PS Ratio has ranged from 4.16 to 10.98 over the past decade. While the company's 10-year median is 6.43 vs. the industry median of 1.95, Thermo Fisher Scientific 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 Medical Diagnostics & Research company?
The median Cyclically Adjusted PS Ratio among Medical Diagnostics & Research companies is 1.95, based on 136 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. Thermo Fisher Scientific's current Cyclically Adjusted PS Ratio of 4.80 is 146.2% 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 Thermo Fisher Scientific and its competitors. For the Medical Diagnostics & Research industry, the median Cyclically Adjusted PS Ratio is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermo Fisher Scientific's current Cyclically Adjusted PS Ratio is 4.80, which is 25% below median its own 10-year median of 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermo Fisher Scientific stock overvalued right now?
Based on GuruFocus' analysis, Thermo Fisher Scientific (XSGO:TMOCL) is currently considered Fairly Valued. The stock's GF Value™ is CLP440,065.73, compared to a current price of CLP448,200.00 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.80, which is 25% below median its 10-year median of 6.43 and 146.2% above the Medical Diagnostics & Research industry median of 1.95. Thermo Fisher Scientific's overall GF Score™ is 65/100 with 10 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 Thermo Fisher Scientific (XSGO:TMOCL), the current Cyclically Adjusted PS Ratio is 4.80 as of Aug. 13, 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 Thermo Fisher Scientific (XSGO:TMOCL) Overvalued in 2026?

Based on GuruFocus' analysis, Thermo Fisher Scientific stock appears to be overvalued. The current stock price of CLP448,200.00 is trading 1.8% above its estimated GF Value™ of CLP440,065.73. GuruFocus considers Thermo Fisher Scientific to be Fairly Valued.

Key valuation signals for XSGO:TMOCL:

  • Cyclically Adjusted PS Ratio: 4.80 (25% below median its 10-year median of 6.43)
  • GF Value™: CLP440,065.73 vs. price of CLP448,200.00 (1.8% above fair value)
  • GF Score™: 65/100 with 10 warning signs
  • Industry Position: 146.2% above the Medical Diagnostics & Research median (#103 of 136)

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


Thermo Fisher Scientific Business Description

Address 168 Third Avenue, Waltham, MA, USA, 02451
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of year-end 2025 (revenue figures include some cross-segment revenue): analytical technologies (17% of sales); specialty diagnostic products (11%); life science solutions (23%); and lab products and services, which includes CRO services (the remainder).
65GF Score

Get the complete analysis for XSGO:TMOCL

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

CLP448,200.00
Price
CLP440,065.73
GF Value