Citigroup (BSP:CTGP34) Cyclically Adjusted PS Ratio: (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:CTGP34 Citigroup Inc BSP:CTGP34
54 GF Score
Price R$114.64
GF Value R$69.72
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Citigroup Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Citigroup  (BSP:CTGP34) 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.


Citigroup Cyclically Adjusted PS Ratio Related Terms


Citigroup Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Citigroup'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.

Citigroup Cyclically Adjusted PS Ratio Chart

Citigroup 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 1.89 1.29 1.40 1.82 2.86

Citigroup 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 2.13 2.50 2.86 2.69 0.00

BSP:CTGP34 vs WFC, BNY, BAC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Diversified subindustry, Citigroup'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.


Citigroup Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Citigroup's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:CTGP34
54GF Score
Citigroup Inc BSP:CTGP34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Citigroup 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.

Citigroup's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.186/333.9520*333.9520
=12.186

Current CPI (Jun. 2026) = 333.9520.

Citigroup Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.343 241.428 4.624
201612 3.562 241.432 4.927
201703 3.462 243.801 4.742
201706 3.663 244.955 4.994
201709 3.583 246.819 4.848
201712 3.689 246.524 4.997
201803 4.024 249.554 5.385
201806 4.584 251.989 6.075
201809 5.075 252.439 6.714
201812 4.613 251.233 6.132
201903 5.076 254.202 6.668
201906 5.266 256.143 6.866
201909 5.701 256.759 7.415
201912 6.049 256.974 7.861
202003 8.090 258.115 10.467
202006 8.188 257.797 10.607
202009 7.442 260.280 9.548
202012 7.248 260.474 9.293
202103 8.815 264.877 11.114
202106 7.176 271.696 8.820
202109 7.580 274.310 9.228
202112 8.006 278.802 9.590
202203 8.004 287.504 9.297
202206 8.408 296.311 9.476
202209 7.994 296.808 8.994
202212 7.965 296.797 8.962
202303 9.019 301.836 9.979
202306 7.988 305.109 8.743
202309 8.325 307.789 9.033
202312 7.795 306.746 8.486
202403 8.972 312.332 9.593
202406 9.244 314.175 9.826
202409 9.589 315.301 10.156
202412 10.250 315.605 10.846
202503 10.799 319.799 11.277
202506 10.576 322.561 10.949
202509 10.603 324.800 10.902
202512 9.843 324.054 10.144
202603 12.104 330.213 12.241
202606 12.186 333.952 12.186

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.

Is Citigroup (BSP:CTGP34) Overvalued in 2026?

Based on GuruFocus' analysis, Citigroup stock appears to be overvalued. The current stock price of R$114.64 is trading 64.4% above its estimated GF Value™ of R$69.72. GuruFocus considers Citigroup to be Significantly Overvalued.

Key valuation signals for BSP:CTGP34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$69.72 vs. price of R$114.64 (64.4% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the BSP:CTGP34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Citigroup Business Description

Address 388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial powerhouse that orchestrates the movement of $5 trillion in daily transaction volume, serving as the essential connective tissue for the world's most complex multinational corporations. The firm remains a leader on the global stage, servicing 90% of the Fortune 500 through a proprietary network that includes direct membership to over 270 cash-clearing centers and a footprint that spans 94 countries. After a checkered history operating as an overly complex, disjointed firm, steps have been taken to streamline operations, resulting in organization across five segments: services, markets, banking, wealth, and US personal banking.
54GF 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.

R$114.64
Price
R$69.72
GF Value