GSK (XTER:GS71) Cyclically Adjusted PS Ratio: 2.17 (As of Jul. 24, 2026) — Near Median

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XTER:GS71 GSK PLC XTER:GS71
76 GF Score
Price €22.30
GF Value €19.04
Valuation Modestly Overvalued
! 1 Warning Sign
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What is GSK Cyclically Adjusted PS Ratio?

GSK XTER:GS71 -0.54% 76 Cyclically Adjusted PS Ratio is 2.17 as of Jul. 24, 2026, which is 8% above its 10-year median of 2.01. GuruFocus rates XTER:GS71 with a GF Score™ of 76/100 and a GF Value™ of €19.04 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 751 Drug Manufacturers companies, GSK ranks worse than 52.2% on this metric.

As of today (2026-07-24), GSK's current share price is €22.30. GSK's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €10.27. GSK's Cyclically Adjusted PS Ratio for today is 2.17.

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

XTER:GS71' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.48   Med: 2.01   Max: 2.5
Current: 2.13

During the past years, GSK's highest Cyclically Adjusted PS Ratio was 2.50. The lowest was 1.48. And the median was 2.01.

XTER:GS71's Cyclically Adjusted PS Ratio is ranked worse than
52.2% of 751 companies
in the Drug Manufacturers industry
Industry Median: 1.99 vs XTER:GS71: 2.13

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.

GSK's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.160. 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 €10.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GSK  (XTER:GS71) 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.


GSK Cyclically Adjusted PS Ratio Related Terms


GSK Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GSK'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.

GSK Cyclically Adjusted PS Ratio Chart

GSK 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 2.11 1.75 1.72 1.55 2.04

GSK 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 1.68 1.57 1.77 2.04 2.31

XTER:GS71 vs LLY, JNJ, ABBV: Cyclically Adjusted PS Ratio Comparison

For the Drug Manufacturers - General subindustry, GSK'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.


GSK Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


XTER:GS71
76GF Score
GSK PLC XTER:GS71
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GSK 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.30/10.27
=2.17

* 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.

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

For example, GSK'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)
=2.16/140.8000*140.8000
=2.160

Current CPI (Mar. 2026) = 140.8000.

GSK Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.124 101.000 2.961
201609 2.252 101.500 3.124
201612 2.264 102.200 3.119
201703 2.166 102.700 2.970
201706 2.134 103.500 2.903
201709 2.222 104.300 3.000
201712 2.176 105.000 2.918
201803 2.068 105.100 2.770
201806 2.097 105.900 2.788
201809 2.279 106.600 3.010
201812 2.287 107.100 3.007
201903 2.243 107.000 2.952
201906 2.194 107.900 2.863
201909 2.633 108.400 3.420
201912 2.593 108.500 3.365
202003 2.540 108.600 3.293
202006 2.109 108.800 2.729
202009 2.358 109.200 3.040
202012 -0.275 109.400 -0.354
202103 2.145 109.700 2.753
202106 1.683 111.400 2.127
202109 1.909 112.400 2.391
202112 2.051 114.700 2.518
202203 2.115 116.500 2.556
202206 1.589 120.500 1.857
202209 2.191 122.300 2.522
202212 2.074 125.300 2.331
202303 1.929 126.800 2.142
202306 2.044 129.400 2.224
202309 2.298 130.100 2.487
202312 2.269 130.500 2.448
202403 2.093 131.600 2.239
202406 2.261 133.000 2.394
202409 2.306 133.500 2.432
202412 2.357 135.100 2.456
202503 2.171 136.100 2.246
202506 2.286 138.400 2.326
202509 2.399 138.900 2.432
202512 2.414 139.900 2.430
202603 2.160 140.800 2.160

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 2.17 mean?
GSK (XTER:GS71) has a Cyclically Adjusted PS Ratio of 2.17 as of Jul. 24, 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 GSK and its competitors. This is near median its historical median of 2.01. Over the past decade, GSK's Cyclically Adjusted PS Ratio has ranged from 1.48 to 2.50. According to the industry distribution chart, GSK ranks #392 out of 751 companies in the Drug Manufacturers industry, placing it in the top 52.2%.
Is GSK's Cyclically Adjusted PS Ratio too high?
GSK's current Cyclically Adjusted PS Ratio of 2.17 is near median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 2.50. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 1.99. GSK's value of 2.17 is 9% above this industry median. Based on the distribution chart, GSK ranks #392 out of 751 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, GSK has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GSK's Cyclically Adjusted PS Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, GSK ranks #392 out of 751 companies for Cyclically Adjusted PS Ratio. This places GSK in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.99. GSK's value of 2.17 is 9% above this benchmark. Historically, GSK's own Cyclically Adjusted PS Ratio has ranged from 1.48 to 2.50 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 1.99, GSK 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 1.99, based on 751 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. GSK's current Cyclically Adjusted PS Ratio of 2.17 is 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 GSK and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GSK's current Cyclically Adjusted PS Ratio is 2.17, which is near median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GSK stock overvalued right now?
Based on GuruFocus' analysis, GSK (XTER:GS71) is currently considered Modestly Overvalued. The stock's GF Value™ is €19.04, compared to a current price of €22.30 — trading 17.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.17, which is near median its 10-year median of 2.01 and 9% above the Drug Manufacturers industry median of 1.99. GSK's overall GF Score™ is 76/100 with 1 warning sign 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 GSK (XTER:GS71), the current Cyclically Adjusted PS Ratio is 2.17 as of Jul. 24, 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 GSK (XTER:GS71) Overvalued in 2026?

Based on GuruFocus' analysis, GSK stock appears to be overvalued. The current stock price of €22.30 is trading 17.1% above its estimated GF Value™ of €19.04. GuruFocus considers GSK to be Modestly Overvalued.

Key valuation signals for XTER:GS71:

  • Cyclically Adjusted PS Ratio: 2.17 (near median its 10-year median of 2.01)
  • GF Value™: €19.04 vs. price of €22.30 (17.1% above fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 9% above the Drug Manufacturers median (#392 of 751)

No single metric tells the full story. See the XTER:GS71 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GSK Business Description

Address 79 New Oxford Street, London, GBR, WC1A 1DG
In the pharmaceutical industry, GSK ranks as one of the largest firms by total sales. The company wields its might across several therapeutic classes, including respiratory, antiviral, and vaccines, and has been growing its presence in oncology and immunology, as well. GSK uses joint ventures to gain additional scale in certain markets like HIV.
76GF Score

Get the complete analysis for XTER:GS71

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

€22.30
Price
€19.04
GF Value