Perrigo CoPRGO +2.85%44 Quick Ratio is 1.59 as of Mar. 2026, which is 13% above its 10-year median of 1.41. GuruFocus rates PRGO with a GF Score™ of 44/100 and a GF Value™ of $25.00 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 997 Drug Manufacturers companies, Perrigo Co ranks better than 54.46% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Perrigo Co's quick ratio for the quarter that ended in Mar. 2026 was 1.59.
Perrigo Co has a quick ratio of 1.59. It generally indicates good short-term financial strength.
The historical rank and industry rank for Perrigo Co's Quick Ratio or its related term are showing as below:
PRGO'
s Quick Ratio Range Over the Past 10 Years
Min: 1.02 Med: 1.41 Max: 2.97
Current: 1.59
During the past 13 years, Perrigo Co's highest Quick Ratio was 2.97. The lowest was 1.02. And the median was 1.41.
PRGO's Quick Ratio is ranked better than 54.46% of 997
companies
in the Drug Manufacturers industry
Industry Median: 1.45
vs PRGO: 1.59
Perrigo Co (NYSE:PRGO) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Perrigo Co Quick Ratio Related Terms
Perrigo Co Quick Ratio Historical Data
* Premium members only.
The historical data trend for Perrigo Co's Quick 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.
For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo Co's Quick Ratio, along with its competitors' market caps and Quick 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.
Perrigo Co Quick Ratio vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Perrigo Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Perrigo Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Perrigo Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (PRGO) has a Quick Ratio of 1.59 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Perrigo Co and its competitors. This is 13% above median its historical median of 1.41. Over the past decade, Perrigo Co's Quick Ratio has ranged from 1.02 to 2.97. According to the industry distribution chart, Perrigo Co ranks #454 out of 997 companies in the Drug Manufacturers industry, placing it in the top 45.5%.
Is Perrigo Co's Quick Ratio too high?
Perrigo Co's current Quick Ratio of 1.59 is 13% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 2.97. The Drug Manufacturers industry median Quick Ratio is 1.45. Perrigo Co's value of 1.59 is 9.7% above this industry median. Based on the distribution chart, Perrigo Co ranks #454 out of 997 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Perrigo Co has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Perrigo Co's Quick Ratio compare to AMLX and HROW?
According to the Drug Manufacturers industry distribution chart, Perrigo Co ranks #454 out of 997 companies for Quick Ratio. This puts Perrigo Co in the upper half of its industry. The industry median Quick Ratio is 1.45. Perrigo Co's value of 1.59 is 9.7% above this benchmark. Historically, Perrigo Co's own Quick Ratio has ranged from 1.02 to 2.97 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.45, Perrigo Co 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 Quick Ratio for a Drug Manufacturers company?
The median Quick Ratio among Drug Manufacturers companies is 1.45, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perrigo Co's current Quick Ratio of 1.59 is 9.7% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Perrigo Co and its competitors. For the Drug Manufacturers industry, the median Quick Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perrigo Co's current Quick Ratio is 1.59, which is 13% above median its own 10-year median of 1.41. 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 $25.00, compared to a current price of $9.76 — trading 61% below its estimated fair value. The current Quick Ratio is 1.59, which is 13% above median its 10-year median of 1.41 and 9.7% above the Drug Manufacturers industry median of 1.45. Perrigo Co's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Perrigo Co (PRGO), the current Quick Ratio is 1.59 as of Mar. 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 $9.76 is trading 61% below its estimated GF Value™ of $25.00.
GuruFocus considers Perrigo Co to be Possible Value Trap.
Key valuation signals for PRGO:
Quick Ratio: 1.59 (13% above median its 10-year median of 1.41)
GF Value™: $25.00 vs. price of $9.76 (61% below fair value)
Industry Position: 9.7% above the Drug Manufacturers median (#454 of 997)
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 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.
44GF Score
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