Pfizer (XSWX:PFE) Cyclically Adjusted PS Ratio: 1.90 (As of Sep. 16, 2026) — 52% Below Median

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XSWX:PFE Pfizer Inc XSWX:PFE
56 GF Score
Price CHF22.65
GF Value CHF21.66
Valuation Fairly Valued
! 8 Warning Signs
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What is Pfizer Cyclically Adjusted PS Ratio?

Pfizer XSWX:PFE -0.11% 56 Cyclically Adjusted PS Ratio is 1.90 as of Sep. 16, 2026, which is 52% below its 10-year median of 3.99. GuruFocus rates XSWX:PFE with a GF Score™ of 56/100 and a GF Value™ of CHF21.66 (Fairly Valued). The stock has 8 warning signs investors should review. Among 755 Drug Manufacturers companies, Pfizer ranks worse than 54.17% on this metric.

As of today (2026-09-16), Pfizer's current share price is CHF22.645. Pfizer's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was CHF11.92. Pfizer's Cyclically Adjusted PS Ratio for today is 1.90.

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

XSWX:PFE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.99   Max: 6.59
Current: 2.25

During the past years, Pfizer's highest Cyclically Adjusted PS Ratio was 6.59. The lowest was 1.85. And the median was 3.99.

XSWX:PFE's Cyclically Adjusted PS Ratio is ranked worse than
54.17% of 755 companies
in the Drug Manufacturers industry
Industry Median: 2 vs XSWX:PFE: 2.25

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.

Pfizer's adjusted revenue per share data for the three months ended in Jun. 2026 was CHF2.085. 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 CHF11.92 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pfizer  (XSWX: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 3.37 2.93 2.83 2.74 2.70

Pfizer 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 2.61 2.60 2.62 1.89 1.64

XSWX: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.


XSWX:PFE
56GF Score
Pfizer Inc XSWX:PFE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=22.645/11.924
=1.90

* 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 Jun. 2026 is calculated as:

For example, Pfizer'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)
=2.085/333.9520*333.9520
=2.085

Current CPI (Jun. 2026) = 333.9520.

Pfizer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.069 241.428 2.862
201612 2.220 241.432 3.071
201703 2.105 243.801 2.883
201706 2.103 244.955 2.867
201709 2.098 246.819 2.839
201712 2.230 246.524 3.021
201803 2.020 249.554 2.703
201806 2.229 251.989 2.954
201809 2.187 252.439 2.893
201812 2.405 251.233 3.197
201903 2.274 254.202 2.987
201906 2.344 256.143 3.056
201909 2.213 256.759 2.878
201912 2.269 256.974 2.949
202003 1.739 258.115 2.250
202006 1.691 257.797 2.191
202009 1.679 260.280 2.154
202012 1.857 260.474 2.381
202103 2.323 264.877 2.929
202106 3.034 271.696 3.729
202109 3.855 274.310 4.693
202112 3.810 278.802 4.564
202203 4.117 287.504 4.782
202206 4.681 296.311 5.276
202209 3.827 296.808 4.306
202212 4.079 296.797 4.590
202303 2.987 301.836 3.305
202306 2.048 305.109 2.242
202309 2.112 307.789 2.292
202312 2.290 306.746 2.493
202403 2.284 312.332 2.442
202406 2.109 314.175 2.242
202409 2.689 315.301 2.848
202412 2.733 315.605 2.892
202503 2.159 319.799 2.255
202506 2.123 322.561 2.198
202509 2.332 324.800 2.398
202512 2.468 324.054 2.543
202603 1.976 330.213 1.998
202606 2.085 333.952 2.085

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 1.90 mean?
Pfizer (XSWX:PFE) has a Cyclically Adjusted PS Ratio of 1.90 as of Sep. 16, 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 52% below median its historical median of 3.99. 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 #409 out of 755 companies in the Drug Manufacturers industry, placing it in the top 54.2%.
Is Pfizer's Cyclically Adjusted PS Ratio too high?
Pfizer's current Cyclically Adjusted PS Ratio of 1.90 is 52% below median its 10-year median of 3.99. 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 2.00. Pfizer's value of 1.90 is 5% below this industry median. Based on the distribution chart, Pfizer ranks #409 out of 755 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Pfizer has a GF Score™ of 56/100 and is considered Fairly Valued, 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 #409 out of 755 companies for Cyclically Adjusted PS Ratio. This places Pfizer in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.00. Pfizer's value of 1.90 is 5% below 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 3.99 vs. the industry median of 2.00, Pfizer 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.00, based on 755 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 1.90 is 5% 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 Pfizer and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.00 — 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 1.90, which is 52% below median its own 10-year median of 3.99. 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?
Based on GuruFocus' analysis, Pfizer (XSWX:PFE) is currently considered Fairly Valued. The stock's GF Value™ is CHF21.66, compared to a current price of CHF22.65 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.90, which is 52% below median its 10-year median of 3.99 and 5% below the Drug Manufacturers industry median of 2.00. Pfizer's overall GF Score™ is 56/100 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 Pfizer (XSWX:PFE), the current Cyclically Adjusted PS Ratio is 1.90 as of Sep. 16, 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 (XSWX:PFE) Overvalued in 2026?

Based on GuruFocus' analysis, Pfizer stock appears to be overvalued. The current stock price of CHF22.65 is trading 4.5% above its estimated GF Value™ of CHF21.66. GuruFocus considers Pfizer to be Fairly Valued.

Key valuation signals for XSWX:PFE:

  • Cyclically Adjusted PS Ratio: 1.90 (52% below median its 10-year median of 3.99)
  • GF Value™: CHF21.66 vs. price of CHF22.65 (4.5% above fair value)
  • GF Score™: 56/100 with 8 warning signs
  • Industry Position: 5% below the Drug Manufacturers median (#409 of 755)

No single metric tells the full story. See the XSWX: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.
56GF 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.

CHF22.65
Price
CHF21.66
GF Value