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Pfizer (NEOE:PFE) Cyclically Adjusted PS Ratio : 2.49 (As of May. 21, 2024)


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What is Pfizer Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Pfizer's current share price is C$13.39. Pfizer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$5.38. Pfizer's Cyclically Adjusted PS Ratio for today is 2.49.

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

NEOE:PFE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.22   Med: 4.04   Max: 6.59
Current: 2.49

During the past years, Pfizer's highest Cyclically Adjusted PS Ratio was 6.59. The lowest was 2.22. And the median was 4.04.

NEOE:PFE's Cyclically Adjusted PS Ratio is ranked worse than
55.65% of 744 companies
in the Drug Manufacturers industry
Industry Median: 2.135 vs NEOE:PFE: 2.49

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.

Pfizer's adjusted revenue per share data for the three months ended in Mar. 2024 was C$1.361. 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 C$5.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pfizer Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pfizer'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.

* Premium members only.

Pfizer Cyclically Adjusted PS Ratio Chart

Pfizer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.41 4.43 6.29 4.74 2.57

Pfizer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.68 3.28 2.94 2.57 2.42

Competitive Comparison of Pfizer's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - General subindustry, Pfizer'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.


Pfizer's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

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

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



Pfizer 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.39/5.38
=2.49

* 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.

Pfizer's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pfizer's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.361/131.7762*131.7762
=1.361

Current CPI (Mar. 2024) = 131.7762.

Pfizer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.826 100.560 1.082
201409 0.818 100.428 1.073
201412 0.914 99.070 1.216
201503 0.839 99.621 1.110
201506 0.904 100.684 1.183
201509 0.989 100.392 1.298
201512 1.186 99.792 1.566
201603 1.064 100.470 1.396
201606 1.061 101.688 1.375
201609 1.070 101.861 1.384
201612 1.145 101.863 1.481
201703 1.081 102.862 1.385
201706 1.093 103.349 1.394
201709 1.030 104.136 1.303
201712 1.111 104.011 1.408
201803 1.061 105.290 1.328
201806 1.143 106.317 1.417
201809 1.115 106.507 1.380
201812 0.101 105.998 0.126
201903 1.174 107.251 1.442
201906 1.196 108.070 1.458
201909 1.144 108.329 1.392
201912 0.166 108.420 0.202
202003 0.965 108.902 1.168
202006 0.916 108.767 1.110
202009 0.929 109.815 1.115
202012 0.995 109.897 1.193
202103 1.240 111.754 1.462
202106 1.566 114.631 1.800
202109 2.048 115.734 2.332
202112 2.036 117.630 2.281
202203 2.172 121.301 2.360
202206 2.394 125.017 2.523
202209 2.033 125.227 2.139
202212 2.211 125.222 2.327
202303 1.700 127.348 1.759
202306 1.140 128.729 1.167
202309 1.221 129.860 1.239
202312 1.303 129.419 1.327
202403 1.361 131.776 1.361

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.


Pfizer  (NEOE:PFE) 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.


Pfizer Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Pfizer's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pfizer (NEOE:PFE) Business Description

Industry
Address
66 Hudson Boulevard East, New York, NY, USA, 10001-2192
Pfizer is one of the world's largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 product sales). While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, and cardiovascular treatment Eliquis. Pfizer sells these products globally, with international sales representing close to 50% of total sales. Within international sales, emerging markets are a major contributor.

Pfizer (NEOE:PFE) Headlines

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