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Pfizer (XSWX:PFE) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Pfizer Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 -

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 Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pfizer's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.069/129.4194*129.4194
=2.069

Current CPI (Dec. 2023) = 129.4194.

Pfizer Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.544 99.695 2.004
201406 1.776 100.560 2.286
201409 1.809 100.428 2.331
201412 2.008 99.070 2.623
201503 1.692 99.621 2.198
201506 1.770 100.684 2.275
201509 1.883 100.392 2.427
201512 2.236 99.792 2.900
201603 2.050 100.470 2.641
201606 2.077 101.688 2.643
201609 2.068 101.861 2.627
201612 2.261 101.863 2.873
201703 2.101 102.862 2.643
201706 2.096 103.349 2.625
201709 2.128 104.136 2.645
201712 2.271 104.011 2.826
201803 2.055 105.290 2.526
201806 2.239 106.317 2.726
201809 2.162 106.507 2.627
201812 0.192 105.998 0.234
201903 2.204 107.251 2.660
201906 2.201 108.070 2.636
201909 2.109 108.329 2.520
201912 0.304 108.420 0.363
202003 1.624 108.902 1.930
202006 1.576 108.767 1.875
202009 1.579 109.815 1.861
202012 1.705 109.897 2.008
202103 2.266 111.754 2.624
202106 2.881 114.631 3.253
202109 3.724 115.734 4.164
202112 3.687 117.630 4.057
202203 4.005 121.301 4.273
202206 4.520 125.017 4.679
202209 3.700 125.227 3.824
202212 3.800 125.222 3.927
202303 2.841 127.348 2.887
202306 1.925 128.729 1.935
202309 1.999 129.860 1.992
202312 2.069 129.419 2.069

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  (XSWX: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

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Pfizer (XSWX: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 (XSWX:PFE) Headlines

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