GRFS (Grifols) Shiller PE Ratio: 11.61 (As of Aug. 17, 2026) — 20% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GRFS Grifols SA GRFS
82 GF Score
Price $7.78
GF Value $8.40
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Grifols Shiller PE Ratio?

Grifols GRFS -2.02% 82 Shiller PE Ratio is 11.61 as of Aug. 17, 2026, which is 20% below its 10-year median of 14.48. GuruFocus rates GRFS with a GF Score™ of 82/100 and a GF Value™ of $8.40 (Fairly Valued). The stock has 7 warning signs investors should review. Among 534 Drug Manufacturers companies, Grifols ranks better than 84.08% on this metric.

As of today (2026-08-17), Grifols's current share price is $7.78. Grifols's E10 for the quarter that ended in Jun. 2026 was $0.67. Grifols's Shiller PE Ratio for today is 11.61.

The historical rank and industry rank for Grifols's Shiller PE Ratio or its related term are showing as below:

GRFS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.86   Med: 14.48   Max: 51.8
Current: 11.6

During the past years, Grifols's highest Shiller PE Ratio was 51.80. The lowest was 8.86. And the median was 14.48.

GRFS's Shiller PE Ratio is ranked better than
84.08% of 534 companies
in the Drug Manufacturers industry
Industry Median: 25.96 vs GRFS: 11.60

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Grifols's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.262. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.67 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grifols  (NAS:GRFS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Grifols Shiller PE Ratio Related Terms


Grifols Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Grifols's Shiller PE 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.

Grifols Shiller PE Ratio Chart

Grifols Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 12.77 18.09 10.75 12.62

Grifols Quarterly Data
Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 12.14 14.54 12.62 10.63 10.54

GRFS vs LLY, JNJ, ABBV: Shiller PE Ratio Comparison

For the Drug Manufacturers - General subindustry, Grifols's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Grifols Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Grifols's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grifols's Shiller PE Ratio falls into.


GRFS
82GF Score
Grifols SA GRFS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grifols Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Grifols's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=7.78/0.67
=11.61

* 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.

Grifols's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Grifols's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.262/131.3300*131.3300
=0.262

Current CPI (Jun. 2026) = 131.3300.

Grifols Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201509 0.224 99.559 0.295
201512 0.207 100.268 0.271
201603 0.200 98.638 0.266
201606 0.225 100.333 0.295
201609 0.236 99.737 0.311
201612 0.215 101.842 0.277
201703 0.210 100.896 0.273
201706 0.236 101.848 0.304
201709 0.262 101.524 0.339
201712 0.400 102.975 0.510
201803 0.259 102.122 0.333
201806 0.304 104.165 0.383
201809 0.257 103.818 0.325
201812 0.205 104.193 0.258
201903 0.192 103.488 0.244
201906 0.282 104.612 0.354
201909 0.220 103.905 0.278
201912 0.322 105.015 0.403
202003 0.301 103.469 0.382
202006 0.056 104.254 0.071
202009 0.459 103.521 0.582
202012 0.231 104.456 0.290
202103 0.226 104.857 0.283
202106 0.241 107.102 0.296
202112 0.000 111.298 0.000
202206 0.141 118.044 0.157
202209 0.065 117.221 0.073
202212 -0.005 117.650 -0.006
202306 0.065 120.278 0.071
202309 0.094 121.343 0.102
202312 0.090 121.300 0.097
202406 0.022 124.409 0.023
202409 0.084 123.121 0.090
202412 0.106 124.753 0.112
202503 0.095 125.531 0.099
202506 0.199 127.251 0.205
202509 0.219 126.840 0.227
202512 0.169 128.400 0.173
202603 0.124 129.860 0.125
202606 0.262 131.330 0.262

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 11.61 mean?
Grifols (GRFS) has a Shiller PE Ratio of 11.61 as of Aug. 17, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Grifols and its competitors. This is 20% below median its historical median of 14.48. Over the past decade, Grifols' Shiller PE Ratio has ranged from 8.86 to 51.80. According to the industry distribution chart, Grifols ranks #85 out of 534 companies in the Drug Manufacturers industry, placing it in the top 15.9%.
Is Grifols' Shiller PE Ratio too high?
Grifols' current Shiller PE Ratio of 11.61 is 20% below median its 10-year median of 14.48. Over the past 10 years, this metric has ranged from a low of 8.86 to a high of 51.80. The Drug Manufacturers industry median Shiller PE Ratio is 25.96. Grifols' value of 11.61 is 55.3% below this industry median. Based on the distribution chart, Grifols ranks #85 out of 534 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Grifols has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grifols' Shiller PE Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Grifols ranks #85 out of 534 companies for Shiller PE Ratio. This places Grifols in the top 16% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 25.96. Grifols' value of 11.61 is 55.3% below this benchmark. Historically, Grifols' own Shiller PE Ratio has ranged from 8.86 to 51.80 over the past decade. While the company's 10-year median is 14.48 vs. the industry median of 25.96, Grifols 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 Shiller PE Ratio for a Drug Manufacturers company?
The median Shiller PE Ratio among Drug Manufacturers companies is 25.96, based on 534 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grifols's current Shiller PE Ratio of 11.61 is 55.3% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Grifols and its competitors. For the Drug Manufacturers industry, the median Shiller PE Ratio is 25.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grifols's current Shiller PE Ratio is 11.61, which is 20% below median its own 10-year median of 14.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grifols stock overvalued right now?
Based on GuruFocus' analysis, Grifols (GRFS) is currently considered Fairly Valued. The stock's GF Value™ is $8.40, compared to a current price of $7.78 — trading 7.4% below its estimated fair value. The current Shiller PE Ratio is 11.61, which is 20% below median its 10-year median of 14.48 and 55.3% below the Drug Manufacturers industry median of 25.96. Grifols' overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Grifols (GRFS), the current Shiller PE Ratio is 11.61 as of Aug. 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 Grifols (GRFS) Overvalued in 2026?

Based on GuruFocus' analysis, Grifols stock appears to be undervalued. The current stock price of $7.78 is trading 7.4% below its estimated GF Value™ of $8.40. GuruFocus considers Grifols to be Fairly Valued.

Key valuation signals for GRFS:

  • Shiller PE Ratio: 11.61 (20% below median its 10-year median of 14.48)
  • GF Value™: $8.40 vs. price of $7.78 (7.4% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 55.3% below the Drug Manufacturers median (#85 of 534)

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


Grifols Business Description

Address Avinguda de la Generalitat, 152-158, Parc de Negocis Can Sant Joan, Sant Cugat del Valles, Barcelona, ESP, 08174
Grifols SA is a healthcare company engaged in activities related to plasma-derived products and diagnostic solutions. The group has four reportable segments: Biopharma, Diagnostic, Bio Supplies, and Others. The Biopharma segment focuses on products derived from human plasma for therapeutic use, while the Diagnostic segment includes the marketing of diagnostic testing equipment and reagents. The Bio Supplies segment covers biological products for non-therapeutic use and plasma sales to third parties, and the Others segment includes manufacturing services, research activities, and complementary pharmaceutical products.
82GF Score

Get the complete analysis for GRFS

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

$7.78
Price
$8.40
GF Value