Bayer AG (XSWX:BAYN) Shiller PE Ratio: 54.54 (As of Jul. 27, 2026) — 216% Above Median

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XSWX:BAYN Bayer AG XSWX:BAYN
54 GF Score
Price CHF44.18
GF Value CHF24.68
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Bayer AG Shiller PE Ratio?

Bayer AG XSWX:BAYN 54 Shiller PE Ratio is 54.54 as of Jul. 27, 2026, which is 216% above its 10-year median of 17.24. GuruFocus rates XSWX:BAYN with a GF Score™ of 54/100 and a GF Value™ of CHF24.68 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 537 Drug Manufacturers companies, Bayer AG ranks worse than 80.26% on this metric.

As of today (2026-07-27), Bayer AG's current share price is CHF44.18. Bayer AG's E10 for the quarter that ended in Mar. 2026 was CHF0.81. Bayer AG's Shiller PE Ratio for today is 54.54.

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

XSWX:BAYN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.07   Med: 17.24   Max: 59.29
Current: 51.27

During the past years, Bayer AG's highest Shiller PE Ratio was 59.29. The lowest was 10.07. And the median was 17.24.

XSWX:BAYN's Shiller PE Ratio is ranked worse than
80.26% of 537 companies
in the Drug Manufacturers industry
Industry Median: 24.6 vs XSWX:BAYN: 51.27

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.

Bayer AG's adjusted earnings per share data for the three months ended in Mar. 2026 was CHF2.558. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is CHF0.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayer AG  (XSWX:BAYN) 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.


Bayer AG Shiller PE Ratio Related Terms


Bayer AG Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Bayer AG'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.

Bayer AG Shiller PE Ratio Chart

Bayer AG 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 16.28 15.09 13.24 10.61 43.79

Bayer AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 12.57 16.31 21.35 43.79 43.84

XSWX:BAYN vs LLY, JNJ, ABBV: Shiller PE Ratio Comparison

For the Drug Manufacturers - General subindustry, Bayer AG'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.


Bayer AG Shiller PE Ratio vs Drug Manufacturers Industry

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

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


XSWX:BAYN
54GF Score
Bayer AG XSWX:BAYN
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bayer AG 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.

Bayer AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=44.18/0.81
=54.54

* 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.

Bayer AG's E10 for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.558/131.2583*131.2583
=2.558

Current CPI (Mar. 2026) = 131.2583.

Bayer AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 1.819 100.717 2.371
201609 1.562 101.017 2.030
201612 0.548 101.217 0.711
201703 2.560 101.417 3.313
201706 1.501 102.117 1.929
201709 5.025 102.717 6.421
201712 0.199 102.617 0.255
201803 2.583 102.917 3.294
201806 1.006 104.017 1.269
201809 3.311 104.718 4.150
201812 -4.807 104.217 -6.054
201903 1.436 104.217 1.809
201906 0.458 105.718 0.569
201909 1.146 106.018 1.419
201912 1.572 105.818 1.950
202003 1.611 105.718 2.000
202006 -10.413 106.618 -12.820
202009 -3.007 105.818 -3.730
202012 0.346 105.518 0.430
202103 2.358 107.518 2.879
202106 -2.603 108.486 -3.149
202109 0.098 109.435 0.118
202112 1.228 110.384 1.460
202203 3.429 113.968 3.949
202206 -0.308 115.760 -0.349
202209 0.540 118.818 0.597
202212 0.612 119.345 0.673
202303 2.200 122.402 2.359
202306 -1.873 123.140 -1.996
202309 -4.474 124.195 -4.728
202312 1.292 123.773 1.370
202403 1.970 125.038 2.068
202406 -0.029 125.882 -0.030
202409 -4.006 126.198 -4.167
202412 -0.317 127.041 -0.328
202503 1.261 127.779 1.295
202506 -0.188 128.412 -0.192
202509 -0.916 129.255 -0.930
202512 -3.565 129.361 -3.617
202603 2.558 131.258 2.558

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 54.54 mean?
Bayer AG (XSWX:BAYN) has a Shiller PE Ratio of 54.54 as of Jul. 27, 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 Bayer AG and its competitors. This is 216% above median its historical median of 17.24. Over the past decade, Bayer AG's Shiller PE Ratio has ranged from 10.07 to 59.29. According to the industry distribution chart, Bayer AG ranks #431 out of 537 companies in the Drug Manufacturers industry, placing it in the top 80.3%.
Is Bayer AG's Shiller PE Ratio too high?
Bayer AG's current Shiller PE Ratio of 54.54 is 216% above median its 10-year median of 17.24. Over the past 10 years, this metric has ranged from a low of 10.07 to a high of 59.29. The Drug Manufacturers industry median Shiller PE Ratio is 24.60. Bayer AG's value of 54.54 is 121.7% above this industry median. Based on the distribution chart, Bayer AG ranks #431 out of 537 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Bayer AG has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bayer AG's Shiller PE Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Bayer AG ranks #431 out of 537 companies for Shiller PE Ratio. This places Bayer AG in the lower half of its industry. The industry median Shiller PE Ratio is 24.60. Bayer AG's value of 54.54 is 121.7% above this benchmark. Historically, Bayer AG's own Shiller PE Ratio has ranged from 10.07 to 59.29 over the past decade. While the company's 10-year median is 17.24 vs. the industry median of 24.60, Bayer AG 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 Shiller PE Ratio for a Drug Manufacturers company?
The median Shiller PE Ratio among Drug Manufacturers companies is 24.60, based on 537 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. Bayer AG's current Shiller PE Ratio of 54.54 is 121.7% 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 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 Bayer AG and its competitors. For the Drug Manufacturers industry, the median Shiller PE Ratio is 24.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayer AG's current Shiller PE Ratio is 54.54, which is 216% above median its own 10-year median of 17.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayer AG stock overvalued right now?
Based on GuruFocus' analysis, Bayer AG (XSWX:BAYN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF24.68, compared to a current price of CHF44.18 — trading 79% above its estimated fair value. The current Shiller PE Ratio is 54.54, which is 216% above median its 10-year median of 17.24 and 121.7% above the Drug Manufacturers industry median of 24.60. Bayer AG's overall GF Score™ is 54/100 with 2 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 Bayer AG (XSWX:BAYN), the current Shiller PE Ratio is 54.54 as of Jul. 27, 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 Bayer AG (XSWX:BAYN) Overvalued in 2026?

Based on GuruFocus' analysis, Bayer AG stock appears to be overvalued. The current stock price of CHF44.18 is trading 79% above its estimated GF Value™ of CHF24.68. GuruFocus considers Bayer AG to be Significantly Overvalued.

Key valuation signals for XSWX:BAYN:

  • Shiller PE Ratio: 54.54 (216% above median its 10-year median of 17.24)
  • GF Value™: CHF24.68 vs. price of CHF44.18 (79% above fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 121.7% above the Drug Manufacturers median (#431 of 537)

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


Bayer AG Business Description

Address Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368
Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs (about 38% of total sales in 2025) as well as vitamins and other consumer healthcare products (13% of total). The firm's crop science business (47% of total) sells seeds, pesticides, herbicides, and fungicides, which was expanded through its 2018 acquisition of Monsanto.
54GF Score

Get the complete analysis for XSWX:BAYN

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

CHF44.18
Price
CHF24.68
GF Value