Edwards Lifesciences (XSWX:EW) Cyclically Adjusted PS Ratio: 10.52 (As of Jun. 26, 2026) — 20% Below Median


XSWX:EW Edwards Lifesciences Corp XSWX:EW
97 GF Score
Price CHF72.91
GF Value CHF75.73
! 5 Warning Signs
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What is Edwards Lifesciences Cyclically Adjusted PS Ratio?

Edwards Lifesciences XSWX:EW +0.37% 97 Cyclically Adjusted PS Ratio is 10.52 as of Jun. 26, 2026, which is 20% below its 10-year median of 13.23. GuruFocus rates XSWX:EW with a GF Score™ of 97/100 and a GF Value™ of CHF75.73. The stock has 5 warning signs investors should review. Among 526 Medical Devices & Instruments companies, Edwards Lifesciences ranks worse than 88.21% on this metric.

As of today (2026-06-26), Edwards Lifesciences's current share price is CHF72.91. Edwards Lifesciences's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF6.93. Edwards Lifesciences's Cyclically Adjusted PS Ratio for today is 10.52.

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

XSWX:EW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.13   Med: 13.23   Max: 23.68
Current: 10.25

During the past years, Edwards Lifesciences's highest Cyclically Adjusted PS Ratio was 23.68. The lowest was 8.13. And the median was 13.23.

XSWX:EW's Cyclically Adjusted PS Ratio is ranked worse than
88.21% of 526 companies
in the Medical Devices & Instruments industry
Industry Median: 2.22 vs XSWX:EW: 10.25

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.

Edwards Lifesciences's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF2.235. 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 CHF6.93 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edwards Lifesciences  (XSWX:EW) 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.


Edwards Lifesciences Cyclically Adjusted PS Ratio Related Terms


Edwards Lifesciences Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Edwards Lifesciences'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.

Edwards Lifesciences Cyclically Adjusted PS Ratio Chart

Edwards Lifesciences 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 22.91 11.66 10.76 9.58 10.08

Edwards Lifesciences 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 9.12 9.60 9.32 10.08 9.15

XSWX:EW vs DXCM, GEHC, BSX: Cyclically Adjusted PS Ratio Comparison

For the Medical Devices subindustry, Edwards Lifesciences'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.


Edwards Lifesciences Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

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

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


XSWX:EW
97GF Score
Edwards Lifesciences Corp XSWX:EW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Edwards Lifesciences 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.

Edwards Lifesciences's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.91/6.93
=10.52

* 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.

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

For example, Edwards Lifesciences'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)
=2.235/330.2130*330.2130
=2.235

Current CPI (Mar. 2026) = 330.2130.

Edwards Lifesciences Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.129 241.018 1.547
201609 1.100 241.428 1.505
201612 1.196 241.432 1.636
201703 1.363 243.801 1.846
201706 1.259 244.955 1.697
201709 1.219 246.819 1.631
201712 1.358 246.524 1.819
201803 1.315 249.554 1.740
201806 1.455 251.989 1.907
201809 1.373 252.439 1.796
201812 1.523 251.233 2.002
201903 1.561 254.202 2.028
201906 1.688 256.143 2.176
201909 1.703 256.759 2.190
201912 1.809 256.974 2.325
202003 1.705 258.115 2.181
202006 1.419 257.797 1.818
202009 1.654 260.280 2.098
202012 1.651 260.474 2.093
202103 1.792 264.877 2.234
202106 1.983 271.696 2.410
202109 1.914 274.310 2.304
202112 1.938 278.802 2.295
202203 1.980 287.504 2.274
202206 2.127 296.311 2.370
202209 2.056 296.808 2.287
202212 0.650 296.797 0.723
202303 2.211 301.836 2.419
202306 1.911 305.109 2.068
202309 1.835 307.789 1.969
202312 1.804 306.746 1.942
202403 1.956 312.332 2.068
202406 2.025 314.175 2.128
202409 1.918 315.301 2.009
202412 2.092 315.605 2.189
202503 2.124 319.799 2.193
202506 2.119 322.561 2.169
202509 2.111 324.800 2.146
202512 2.151 324.054 2.192
202603 2.235 330.213 2.235

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 10.52 mean?
Edwards Lifesciences (XSWX:EW) has a Cyclically Adjusted PS Ratio of 10.52 as of Jun. 26, 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 Edwards Lifesciences and its competitors. This is 20% below median its historical median of 13.23. Over the past decade, Edwards Lifesciences' Cyclically Adjusted PS Ratio has ranged from 8.13 to 23.68. According to the industry distribution chart, Edwards Lifesciences ranks #464 out of 526 companies in the Medical Devices & Instruments industry, placing it in the top 88.2%.
Is Edwards Lifesciences' Cyclically Adjusted PS Ratio too high?
Edwards Lifesciences' current Cyclically Adjusted PS Ratio of 10.52 is 20% below median its 10-year median of 13.23. Over the past 10 years, this metric has ranged from a low of 8.13 to a high of 23.68. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.22. Edwards Lifesciences' value of 10.52 is 373.9% above this industry median. Based on the distribution chart, Edwards Lifesciences ranks #464 out of 526 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Edwards Lifesciences has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Edwards Lifesciences' Cyclically Adjusted PS Ratio compare to DXCM and GEHC?
According to the Medical Devices & Instruments industry distribution chart, Edwards Lifesciences ranks #464 out of 526 companies for Cyclically Adjusted PS Ratio. This places Edwards Lifesciences in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.22. Edwards Lifesciences' value of 10.52 is 373.9% above this benchmark. Historically, Edwards Lifesciences' own Cyclically Adjusted PS Ratio has ranged from 8.13 to 23.68 over the past decade. While the company's 10-year median is 13.23 vs. the industry median of 2.22, Edwards Lifesciences 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 Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.22, based on 526 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. Edwards Lifesciences's current Cyclically Adjusted PS Ratio of 10.52 is 373.9% 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 Edwards Lifesciences and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edwards Lifesciences's current Cyclically Adjusted PS Ratio is 10.52, which is 20% below median its own 10-year median of 13.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edwards Lifesciences stock overvalued right now?
Edwards Lifesciences (XSWX:EW) has a current Cyclically Adjusted PS Ratio of 10.52. The stock's GF Value™ is CHF75.73, compared to a current price of CHF72.91 — trading 3.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.52, which is 20% below median its 10-year median of 13.23 and 373.9% above the Medical Devices & Instruments industry median of 2.22. Edwards Lifesciences' overall GF Score™ is 97/100 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 Edwards Lifesciences (XSWX:EW), the current Cyclically Adjusted PS Ratio is 10.52 as of Jun. 26, 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 Edwards Lifesciences (XSWX:EW) Overvalued in 2026?

Based on GuruFocus' analysis, Edwards Lifesciences stock appears to be undervalued. The current stock price of CHF72.91 is trading 3.7% below its estimated GF Value™ of CHF75.73.

Key valuation signals for XSWX:EW:

  • Cyclically Adjusted PS Ratio: 10.52 (20% below median its 10-year median of 13.23)
  • GF Value™: CHF75.73 vs. price of CHF72.91 (3.7% below fair value)
  • GF Score™: 97/100 with 5 warning signs
  • Industry Position: 373.9% above the Medical Devices & Instruments median (#464 of 526)

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


Edwards Lifesciences Business Description

Address One Edwards Way, Irvine, CA, USA, 92614
Spun off from Baxter International in 2000, Edwards Lifesciences designs, manufactures, and markets a range of medical devices and equipment for advanced stages of structural heart disease. It has established itself as a leader across key products, including surgical tissue heart valves, transcatheter aortic valves, and transcatheter mitral and tricuspid valve technologies. The firm derives about 60% of its total sales from outside the US.
97GF 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.

CHF72.91
Price
CHF75.73
GF Value