BAYRY (Bayer AG) Cyclically Adjusted PS Ratio: 0.73 (As of Jun. 24, 2026) — 32% Below Median


BAYRY Bayer AG BAYRY
55 GF Score
Price $11.21
GF Value $7.86
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Bayer AG Cyclically Adjusted PS Ratio?

Bayer AG BAYRY +2.47% 55 Cyclically Adjusted PS Ratio is 0.73 as of Jun. 24, 2026, which is 32% below its 10-year median of 1.08. GuruFocus rates BAYRY with a GF Score™ of 55/100 and a GF Value™ of $7.86 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 749 Drug Manufacturers companies, Bayer AG ranks better than 78.24% on this metric.

As of today (2026-06-24), Bayer AG's current share price is $11.21. Bayer AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $15.43. Bayer AG's Cyclically Adjusted PS Ratio for today is 0.73.

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

BAYRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.08   Max: 2.52
Current: 0.72

During the past years, Bayer AG's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 0.35. And the median was 1.08.

BAYRY's Cyclically Adjusted PS Ratio is ranked better than
78.24% of 749 companies
in the Drug Manufacturers industry
Industry Median: 2.03 vs BAYRY: 0.72

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.

Bayer AG's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.944. 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 $15.43 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayer AG  (OTCPK:BAYRY) 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.


Bayer AG Cyclically Adjusted PS Ratio Related Terms


Bayer AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bayer AG'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.

Bayer AG Cyclically Adjusted PS Ratio Chart

Bayer AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.90 0.62 0.36 0.70

Bayer AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.41 0.48 0.53 0.70 0.74

BAYRY vs LLY, JNJ, ABBV: Cyclically Adjusted PS Ratio Comparison

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


Bayer AG Cyclically Adjusted PS Ratio vs Drug Manufacturers Industry

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

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


BAYRY
55GF Score
Bayer AG BAYRY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bayer AG 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.

Bayer AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.21/15.43
=0.73

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.944/131.2583*131.2583
=3.944

Current CPI (Mar. 2026) = 131.2583.

Bayer AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.019 100.717 5.238
201609 2.802 101.017 3.641
201612 2.740 101.217 3.553
201703 2.970 101.417 3.844
201706 2.765 102.117 3.554
201709 2.700 102.717 3.450
201712 2.872 102.617 3.674
201803 3.181 102.917 4.057
201806 3.024 104.017 3.816
201809 2.756 104.718 3.455
201812 3.003 104.217 3.782
201903 3.531 104.217 4.447
201906 3.083 105.718 3.828
201909 2.755 106.018 3.411
201912 3.040 105.818 3.771
202003 3.612 105.718 4.485
202006 2.881 106.618 3.547
202009 2.550 105.818 3.163
202012 3.094 105.518 3.849
202103 3.735 107.518 4.560
202106 3.328 108.486 4.027
202109 2.928 109.435 3.512
202112 3.197 110.384 3.802
202203 4.103 113.968 4.725
202206 3.448 115.760 3.910
202209 2.842 118.818 3.140
202212 3.235 119.345 3.558
202303 3.920 122.402 4.204
202306 3.045 123.140 3.246
202309 2.809 124.195 2.969
202312 3.292 123.773 3.491
202403 3.807 125.038 3.996
202406 3.053 125.882 3.183
202409 2.815 126.198 2.928
202412 3.125 127.041 3.229
202503 3.779 127.779 3.882
202506 3.152 128.412 3.222
202509 2.885 129.255 2.930
202512 3.408 129.361 3.458
202603 3.944 131.258 3.944

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.

What does a Cyclically Adjusted PS Ratio of 0.73 mean?
Bayer AG (BAYRY) has a Cyclically Adjusted PS Ratio of 0.73 as of Jun. 24, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bayer AG and its competitors. This is 32% below median its historical median of 1.08. Over the past decade, Bayer AG's Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.52. According to the industry distribution chart, Bayer AG ranks #163 out of 749 companies in the Drug Manufacturers industry, placing it in the top 21.8%.
Is Bayer AG's Cyclically Adjusted PS Ratio too high?
Bayer AG's current Cyclically Adjusted PS Ratio of 0.73 is 32% below median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 2.52. The Drug Manufacturers industry median Cyclically Adjusted PS Ratio is 2.03. Bayer AG's value of 0.73 is 64% below this industry median. Based on the distribution chart, Bayer AG ranks #163 out of 749 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Bayer AG has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bayer AG's Cyclically Adjusted PS Ratio compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Bayer AG ranks #163 out of 749 companies for Cyclically Adjusted PS Ratio. This places Bayer AG in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.03. Bayer AG's value of 0.73 is 64% below this benchmark. Historically, Bayer AG's own Cyclically Adjusted PS Ratio has ranged from 0.35 to 2.52 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 2.03, Bayer AG 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 Cyclically Adjusted PS Ratio for a Drug Manufacturers company?
The median Cyclically Adjusted PS Ratio among Drug Manufacturers companies is 2.03, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bayer AG's current Cyclically Adjusted PS Ratio of 0.73 is 64% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Bayer AG and its competitors. For the Drug Manufacturers industry, the median Cyclically Adjusted PS Ratio is 2.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayer AG's current Cyclically Adjusted PS Ratio is 0.73, which is 32% below median its own 10-year median of 1.08. 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 (BAYRY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.86, compared to a current price of $11.21 — trading 42.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.73, which is 32% below median its 10-year median of 1.08 and 64% below the Drug Manufacturers industry median of 2.03. Bayer AG's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Bayer AG (BAYRY), the current Cyclically Adjusted PS Ratio is 0.73 as of Jun. 24, 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 (BAYRY) Overvalued in 2026?

Based on GuruFocus' analysis, Bayer AG stock appears to be overvalued. The current stock price of $11.21 is trading 42.6% above its estimated GF Value™ of $7.86. GuruFocus considers Bayer AG to be Significantly Overvalued.

Key valuation signals for BAYRY:

  • Cyclically Adjusted PS Ratio: 0.73 (32% below median its 10-year median of 1.08)
  • GF Value™: $7.86 vs. price of $11.21 (42.6% above fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 64% below the Drug Manufacturers median (#163 of 749)

No single metric tells the full story. See the BAYRY 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.
55GF Score

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

$11.21
Price
$7.86
GF Value