PRGO (Perrigo Co) Piotroski F-Score: 3 (As of Aug. 09, 2026) — 40% Below Median

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PRGO Perrigo Co PLC PRGO
49 GF Score
Price $12.84
GF Value $23.93
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Perrigo Co Piotroski F-Score?

Perrigo Co PRGO +2.39% 49 Piotroski F-Score is 3 as of Aug. 09, 2026, which is 40% below its 10-year median of 5.00. GuruFocus rates PRGO with a GF Score™ of 49/100 and a GF Value™ of $23.93 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 977 Drug Manufacturers companies, Perrigo Co ranks worse than 77.79% on this metric.

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Perrigo Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

The historical rank and industry rank for Perrigo Co's Piotroski F-Score or its related term are showing as below:

PRGO' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 5   Max: 9
Current: 3

During the past 13 years, the highest Piotroski F-Score of Perrigo Co was 9. The lowest was 3. And the median was 5.

Perrigo Co  (NYSE:PRGO) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Perrigo Co Piotroski F-Score Related Terms


Perrigo Co Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Perrigo Co's Piotroski F-Score 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.

Perrigo Co Piotroski F-Score Chart

Perrigo Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 4.00 5.00 3.00 4.00

Perrigo Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Piotroski F-Score 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 5.00 4.00 4.00 4.00 3.00

PRGO vs PAHC, HROW, XERS: Piotroski F-Score Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Perrigo Co Piotroski F-Score vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Perrigo Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Perrigo Co's Piotroski F-Score falls into.


PRGO
49GF Score
Perrigo Co PLC PRGO
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Jun26) TTM:Last Year (Jun25) TTM:
Net Income was 7.5 + -1418.1 + -398.6 + 74.5 = $-1,735 Mil.
Cash Flow from Operations was 51.7 + 175.4 + -113.6 + 82.6 = $196 Mil.
Revenue was 1043.3 + 1109.6 + 969.2 + 1022.8 = $4,145 Mil.
Gross Profit was 377.1 + 362.2 + 325.5 + 313.9 = $1,379 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(10094.1 + 10084 + 8535.2 + 7983.3 + 7609.5) / 5 = $8861.22 Mil.
Total Assets at the begining of this year (Jun25) was $10,094 Mil.
Long-Term Debt & Capital Lease Obligation was $3,283 Mil.
Total Current Assets was $2,452 Mil.
Total Current Liabilities was $1,055 Mil.
Net Income was -21 + -44.5 + -6.4 + -8.4 = $-80 Mil.

Revenue was 1087.5 + 1138.3 + 1043.9 + 1056.3 = $4,326 Mil.
Gross Profit was 404.4 + 385.9 + 392.3 + 362.9 = $1,546 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(10397.3 + 11203.2 + 9647.7 + 9759.8 + 10094.1) / 5 = $10220.42 Mil.
Total Assets at the begining of last year (Jun24) was $10,397 Mil.
Long-Term Debt & Capital Lease Obligation was $3,616 Mil.
Total Current Assets was $2,615 Mil.
Total Current Liabilities was $1,126 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Perrigo Co's current Net Income (TTM) was -1,735. ==> Negative ==> Score 0.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Perrigo Co's current Cash Flow from Operations (TTM) was 196. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Jun25)
=-1734.7/10094.1
=-0.17185286

ROA (Last Year)=Net Income/Total Assets (Jun24)
=-80.3/10397.3
=-0.00772316

Perrigo Co's return on assets of this year was -0.17185286. Perrigo Co's return on assets of last year was -0.00772316. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Perrigo Co's current Net Income (TTM) was -1,735. Perrigo Co's current Cash Flow from Operations (TTM) was 196. ==> 196 > -1,735 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Jun26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun25 to Jun26
=3283.4/8861.22
=0.37053589

Gearing (Last Year: Jun25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Jun24 to Jun25
=3615.5/10220.42
=0.35375259

Perrigo Co's gearing of this year was 0.37053589. Perrigo Co's gearing of last year was 0.35375259. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Jun26)=Total Current Assets/Total Current Liabilities
=2451.7/1054.8
=2.32432689

Current Ratio (Last Year: Jun25)=Total Current Assets/Total Current Liabilities
=2615/1126.1
=2.32217387

Perrigo Co's current ratio of this year was 2.32432689. Perrigo Co's current ratio of last year was 2.32217387. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Perrigo Co's number of shares in issue this year was 139.6. Perrigo Co's number of shares in issue last year was 138.2. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1378.7/4144.9
=0.33262564

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1545.5/4326
=0.35725844

Perrigo Co's gross margin of this year was 0.33262564. Perrigo Co's gross margin of last year was 0.35725844. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Jun25)
=4144.9/10094.1
=0.41062601

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Jun24)
=4326/10397.3
=0.41606956

Perrigo Co's asset turnover of this year was 0.41062601. Perrigo Co's asset turnover of last year was 0.41606956. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=0+1+0+1+0+1+0+0+0
=3

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Perrigo Co has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 3 mean?
Perrigo Co (PRGO) has a Piotroski F-Score of 3 as of Aug. 09, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Perrigo Co and its competitors. This is 40% below median its historical median of 5.00. Over the past decade, Perrigo Co's Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, Perrigo Co ranks #760 out of 977 companies in the Drug Manufacturers industry, placing it in the top 77.8%.
Is Perrigo Co's Piotroski F-Score too high?
Perrigo Co's current Piotroski F-Score of 3 is 40% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Drug Manufacturers industry median Piotroski F-Score is 5.00. Perrigo Co's value of 3 is 40% below this industry median. Based on the distribution chart, Perrigo Co ranks #760 out of 977 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Perrigo Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Perrigo Co's Piotroski F-Score compare to PAHC and HROW?
According to the Drug Manufacturers industry distribution chart, Perrigo Co ranks #760 out of 977 companies for Piotroski F-Score. This places Perrigo Co in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Perrigo Co's value of 3 is 40% below this benchmark. Historically, Perrigo Co's own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Perrigo Co 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 Piotroski F-Score for a Drug Manufacturers company?
The median Piotroski F-Score among Drug Manufacturers companies is 5.00, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perrigo Co's current Piotroski F-Score of 3 is 40% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Perrigo Co and its competitors. For the Drug Manufacturers industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perrigo Co's current Piotroski F-Score is 3, which is 40% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perrigo Co stock overvalued right now?
Based on GuruFocus' analysis, Perrigo Co (PRGO) is currently considered Possible Value Trap. The stock's GF Value™ is $23.93, compared to a current price of $12.84 — trading 46.3% below its estimated fair value. The current Piotroski F-Score is 3, which is 40% below median its 10-year median of 5.00 and 40% below the Drug Manufacturers industry median of 5.00. Perrigo Co's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Perrigo Co (PRGO), the current Piotroski F-Score is 3 as of Aug. 09, 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 Perrigo Co (PRGO) Overvalued in 2026?

Based on GuruFocus' analysis, Perrigo Co stock appears to be undervalued. The current stock price of $12.84 is trading 46.3% below its estimated GF Value™ of $23.93. GuruFocus considers Perrigo Co to be Possible Value Trap.

Key valuation signals for PRGO:

  • Piotroski F-Score: 3 (40% below median its 10-year median of 5.00)
  • GF Value™: $23.93 vs. price of $12.84 (46.3% below fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 40% below the Drug Manufacturers median (#760 of 977)

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


Perrigo Co Business Description

Address The Sharp Building, Hogan Place, Dublin, IRL, D02 TY74
Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo has divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two-thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.
49GF Score

Get the complete analysis for PRGO

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.84
Price
$23.93
GF Value