Zoetis (XSWX:ZTS) Cyclically Adjusted PS Ratio: 4.32 (As of Jul. 17, 2026) — 63% Below Median

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XSWX:ZTS Zoetis Inc XSWX:ZTS
63 GF Score
Price CHF61.79
GF Value CHF156.38
Valuation Significantly Undervalued
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What is Zoetis Cyclically Adjusted PS Ratio?

Zoetis XSWX:ZTS +2.39% 63 Cyclically Adjusted PS Ratio is 4.32 as of Jul. 17, 2026, which is 63% below its 10-year median of 11.64. GuruFocus rates XSWX:ZTS with a GF Score™ of 63/100 and a GF Value™ of CHF156.38 (Significantly Undervalued). Among 752 Drug Manufacturers companies, Zoetis ranks worse than 72.21% on this metric.

As of today (2026-07-17), Zoetis's current share price is CHF61.79. Zoetis's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF14.29. Zoetis's Cyclically Adjusted PS Ratio for today is 4.32.

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

XSWX:ZTS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.07   Med: 11.64   Max: 19.62
Current: 4.21

During the past years, Zoetis's highest Cyclically Adjusted PS Ratio was 19.62. The lowest was 4.07. And the median was 11.64.

XSWX:ZTS's Cyclically Adjusted PS Ratio is ranked worse than
72.21% of 752 companies
in the Drug Manufacturers industry
Industry Median: 1.995 vs XSWX:ZTS: 4.21

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.

Zoetis's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF4.216. 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 CHF14.29 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zoetis  (XSWX:ZTS) 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.


Zoetis Cyclically Adjusted PS Ratio Related Terms


Zoetis Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Zoetis'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.

Zoetis Cyclically Adjusted PS Ratio Chart

Zoetis 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 19.24 10.41 12.98 9.92 7.11

Zoetis 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 9.78 9.06 8.34 7.11 6.48

XSWX:ZTS vs UTHR, VTRS, NBIX: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Zoetis'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.


Zoetis Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Zoetis's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


XSWX:ZTS
63GF Score
Zoetis Inc XSWX:ZTS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zoetis 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.79/14.29
=4.32

* 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.

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

For example, Zoetis'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)
=4.216/330.2130*330.2130
=4.216

Current CPI (Mar. 2026) = 330.2130.

Zoetis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.348 241.018 3.217
201609 2.426 241.428 3.318
201612 2.622 241.432 3.586
201703 2.489 243.801 3.371
201706 2.487 244.955 3.353
201709 2.633 246.819 3.523
201712 2.935 246.524 3.931
201803 2.644 249.554 3.499
201806 2.874 251.989 3.766
201809 2.950 252.439 3.859
201812 3.202 251.233 4.209
201903 3.013 254.202 3.914
201906 3.169 256.143 4.085
201909 3.259 256.759 4.191
201912 3.425 256.974 4.401
202003 3.072 258.115 3.930
202006 3.080 257.797 3.945
202009 3.415 260.280 4.333
202012 3.353 260.474 4.251
202103 3.640 264.877 4.538
202106 3.707 271.696 4.505
202109 3.855 274.310 4.641
202112 3.809 278.802 4.511
202203 3.893 287.504 4.471
202206 4.222 296.311 4.705
202209 4.154 296.808 4.622
202212 4.072 296.797 4.530
202303 3.984 301.836 4.359
202306 4.240 305.109 4.589
202309 4.194 307.789 4.500
202312 4.160 306.746 4.478
202403 4.242 312.332 4.485
202406 4.628 314.175 4.864
202409 4.461 315.301 4.672
202412 4.580 315.605 4.792
202503 4.335 319.799 4.476
202506 4.490 322.561 4.597
202509 4.311 324.800 4.383
202512 4.338 324.054 4.420
202603 4.216 330.213 4.216

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 4.32 mean?
Zoetis (XSWX:ZTS) has a Cyclically Adjusted PS Ratio of 4.32 as of Jul. 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 Zoetis and its competitors. This is 63% below median its historical median of 11.64. Over the past decade, Zoetis' Cyclically Adjusted PS Ratio has ranged from 4.07 to 19.62. According to the industry distribution chart, Zoetis ranks #543 out of 752 companies in the Drug Manufacturers industry, placing it in the top 72.2%.
Is Zoetis' Cyclically Adjusted PS Ratio too high?
Zoetis' current Cyclically Adjusted PS Ratio of 4.32 is 63% below median its 10-year median of 11.64. Over the past 10 years, this metric has ranged from a low of 4.07 to a high of 19.62. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.00. Zoetis' value of 4.32 is 116.5% above this industry median. Based on the distribution chart, Zoetis ranks #543 out of 752 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Zoetis has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zoetis' Cyclically Adjusted PS Ratio compare to UTHR and VTRS?
According to the Drug Manufacturers industry distribution chart, Zoetis ranks #543 out of 752 companies for Cyclically Adjusted PS Ratio. This places Zoetis in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.00. Zoetis' value of 4.32 is 116.5% above this benchmark. Historically, Zoetis' own Cyclically Adjusted PS Ratio has ranged from 4.07 to 19.62 over the past decade. While the company's 10-year median is 11.64 vs. the industry median of 2.00, Zoetis 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 Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.00, based on 752 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. Zoetis's current Cyclically Adjusted PS Ratio of 4.32 is 116.5% 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 Zoetis 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. Zoetis's current Cyclically Adjusted PS Ratio is 4.32, which is 63% below median its own 10-year median of 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zoetis stock overvalued right now?
Based on GuruFocus' analysis, Zoetis (XSWX:ZTS) is currently considered Significantly Undervalued. The stock's GF Value™ is CHF156.38, compared to a current price of CHF61.79 — trading 60.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.32, which is 63% below median its 10-year median of 11.64 and 116.5% above the Drug Manufacturers industry median of 2.00. Zoetis' overall GF Score™ is 63/100. 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 Zoetis (XSWX:ZTS), the current Cyclically Adjusted PS Ratio is 4.32 as of Jul. 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 Zoetis (XSWX:ZTS) Overvalued in 2026?

Based on GuruFocus' analysis, Zoetis stock appears to be undervalued. The current stock price of CHF61.79 is trading 60.5% below its estimated GF Value™ of CHF156.38. GuruFocus considers Zoetis to be Significantly Undervalued.

Key valuation signals for XSWX:ZTS:

  • Cyclically Adjusted PS Ratio: 4.32 (63% below median its 10-year median of 11.64)
  • GF Value™: CHF156.38 vs. price of CHF61.79 (60.5% below fair value)
  • GF Score™: 63/100
  • Industry Position: 116.5% above the Drug Manufacturers median (#543 of 752)

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


Zoetis Business Description

Address 10 Sylvan Way, Parsippany, NJ, USA, 07054
Zoetis sells anti-infectives, vaccines, parasiticides, diagnostics, and other health products for animals. The firm earns roughly 35% of total revenue from production animals (cattle, pigs, poultry, and so on) and nearly 65% from companion animal (dogs, horses, cats) products. Its US business is skewed even more heavily toward companion animals, while its international business is slightly skewed toward production animals. The firm has the largest market share in the industry and was previously Pfizer's animal health unit.
63GF Score

Get the complete analysis for XSWX:ZTS

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

CHF61.79
Price
CHF156.38
GF Value