BNY (Bank of New York Mellon) Cyclically Adjusted PS Ratio: 6.67 (As of Jul. 29, 2026) — 95% Above Median

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BNY Bank of New York Mellon Corp BNY
71 GF Score
Price $152.50
GF Value $96.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bank of New York Mellon Cyclically Adjusted PS Ratio?

Bank of New York Mellon BNY -2.55% 71 Cyclically Adjusted PS Ratio is 6.67 as of Jul. 29, 2026, which is 95% above its 10-year median of 3.42. GuruFocus rates BNY with a GF Scoreâ„¢ of 71/100 and a GF Valueâ„¢ of $96.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,301 Banks companies, Bank of New York Mellon ranks worse than 90.39% on this metric.

As of today (2026-07-29), Bank of New York Mellon's current share price is $152.50. Bank of New York Mellon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $22.87. Bank of New York Mellon's Cyclically Adjusted PS Ratio for today is 6.67.

The historical rank and industry rank for Bank of New York Mellon's Cyclically Adjusted PS Ratio or its related term are showing as below:

BNY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 3.42   Max: 6.95
Current: 6.84

During the past years, Bank of New York Mellon's highest Cyclically Adjusted PS Ratio was 6.95. The lowest was 2.00. And the median was 3.42.

BNY's Cyclically Adjusted PS Ratio is ranked worse than
90.39% of 1301 companies
in the Banks industry
Industry Median: 3.43 vs BNY: 6.84

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.

Bank of New York Mellon's adjusted revenue per share data for the three months ended in Mar. 2026 was $7.643. 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 $22.87 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of New York Mellon  (NYSE:BNY) 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.


Bank of New York Mellon Cyclically Adjusted PS Ratio Related Terms


Bank of New York Mellon Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bank of New York Mellon'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.

Bank of New York Mellon Cyclically Adjusted PS Ratio Chart

Bank of New York Mellon 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 3.49 2.51 2.69 3.72 5.24

Bank of New York Mellon Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.23 4.97 5.24 5.19 0.00

BNY vs NTB, FRBT, C: Cyclically Adjusted PS Ratio Comparison

For the Banks - Diversified subindustry, Bank of New York Mellon'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.


Bank of New York Mellon Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of New York Mellon's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's Cyclically Adjusted PS Ratio falls into.


BNY
71GF Score
Bank of New York Mellon Corp BNY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of New York Mellon 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.

Bank of New York Mellon's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=152.50/22.87
=6.67

* 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.

Bank of New York Mellon's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bank of New York Mellon'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)
=7.643/330.2130*330.2130
=7.643

Current CPI (Mar. 2026) = 330.2130.

Bank of New York Mellon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.407 241.018 4.668
201609 3.593 241.428 4.914
201612 3.494 241.432 4.779
201703 3.572 243.801 4.838
201706 3.697 244.955 4.984
201709 3.753 246.819 5.021
201712 3.515 246.524 4.708
201803 3.985 249.554 5.273
201806 3.975 251.989 5.209
201809 3.956 252.439 5.175
201812 3.957 251.233 5.201
201903 3.942 254.202 5.121
201906 4.015 256.143 5.176
201909 4.023 256.759 5.174
201912 5.123 256.974 6.583
202003 4.480 258.115 5.731
202006 4.407 257.797 5.645
202009 4.222 260.280 5.356
202012 4.225 260.474 5.356
202103 4.344 264.877 5.416
202106 4.450 271.696 5.408
202109 4.663 274.310 5.613
202112 4.820 278.802 5.709
202203 4.752 287.504 5.458
202206 5.118 296.311 5.704
202209 5.100 296.808 5.674
202212 4.879 296.797 5.428
202303 5.362 301.836 5.866
202306 5.580 305.109 6.039
202309 5.542 307.789 5.946
202312 5.538 306.746 5.962
202403 5.813 312.332 6.146
202406 5.999 314.175 6.305
202409 6.142 315.301 6.432
202412 6.478 315.605 6.778
202503 6.444 319.799 6.654
202506 6.896 322.561 7.060
202509 7.015 324.800 7.132
202512 7.234 324.054 7.371
202603 7.643 330.213 7.643

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 6.67 mean?
Bank of New York Mellon (BNY) has a Cyclically Adjusted PS Ratio of 6.67 as of Jul. 29, 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 Bank of New York Mellon and its competitors. This is 95% above median its historical median of 3.42. Over the past decade, Bank of New York Mellon's Cyclically Adjusted PS Ratio has ranged from 2.00 to 6.95. According to the industry distribution chart, Bank of New York Mellon ranks #1176 out of 1301 companies in the Banks industry, placing it in the top 90.4%.
Is Bank of New York Mellon's Cyclically Adjusted PS Ratio too high?
Bank of New York Mellon's current Cyclically Adjusted PS Ratio of 6.67 is 95% above median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.95. The Banks industry median Cyclically Adjusted PS Ratio is 3.43. Bank of New York Mellon's value of 6.67 is 94.5% above this industry median. Based on the distribution chart, Bank of New York Mellon ranks #1176 out of 1301 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank of New York Mellon has a GF Scoreâ„¢ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of New York Mellon's Cyclically Adjusted PS Ratio compare to NTB and FRBT?
According to the Banks industry distribution chart, Bank of New York Mellon ranks #1176 out of 1301 companies for Cyclically Adjusted PS Ratio. This places Bank of New York Mellon in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.43. Bank of New York Mellon's value of 6.67 is 94.5% above this benchmark. Historically, Bank of New York Mellon's own Cyclically Adjusted PS Ratio has ranged from 2.00 to 6.95 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 3.43, Bank of New York Mellon 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 Cyclically Adjusted PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.43, based on 1,301 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. Bank of New York Mellon's current Cyclically Adjusted PS Ratio of 6.67 is 94.5% 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 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 Bank of New York Mellon and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of New York Mellon's current Cyclically Adjusted PS Ratio is 6.67, which is 95% above median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of New York Mellon stock overvalued right now?
Based on GuruFocus' analysis, Bank of New York Mellon (BNY) is currently considered Significantly Overvalued. The stock's GF Value™ is $96.06, compared to a current price of $152.50 — trading 58.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.67, which is 95% above median its 10-year median of 3.42 and 94.5% above the Banks industry median of 3.43. Bank of New York Mellon's overall GF Score™ is 71/100 with 7 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 Bank of New York Mellon (BNY), the current Cyclically Adjusted PS Ratio is 6.67 as of Jul. 29, 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 Bank of New York Mellon (BNY) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of New York Mellon stock appears to be overvalued. The current stock price of $152.50 is trading 58.8% above its estimated GF Value™ of $96.06. GuruFocus considers Bank of New York Mellon to be Significantly Overvalued.

Key valuation signals for BNY:

  • Cyclically Adjusted PS Ratio: 6.67 (95% above median its 10-year median of 3.42)
  • GF Value™: $96.06 vs. price of $152.50 (58.8% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 94.5% above the Banks median (#1176 of 1301)

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


Bank of New York Mellon Business Description

Address 240 Greenwich Street, New York, NY, USA, 10286
Bank of New York Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors, delivering investment management and services in 35 countries and more than 100 markets. BNY is the largest global custody bank in the world, with $59.3 trillion in under custody or administration (as of December 2025), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY's asset-management division manages about $2.2 trillion in assets.
71GF Score

Get the complete analysis for BNY

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

$152.50
Price
$96.06
GF Value