Franklin Resources (BSP:F1RA34) Cyclically Adjusted PS Ratio: 1.91 (As of Aug. 05, 2026) — Near Median

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BSP:F1RA34 Franklin Resources Inc BSP:F1RA34
77 GF Score
Price R$168.81
GF Value R$119.67
! 9 Warning Signs
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What is Franklin Resources Cyclically Adjusted PS Ratio?

Franklin Resources BSP:F1RA34 77 Cyclically Adjusted PS Ratio is 1.91 as of Aug. 05, 2026, which is 2% below its 10-year median of 1.94. GuruFocus rates BSP:F1RA34 with a GF Score™ of 77/100 and a GF Value™ of R$119.67. The stock has 9 warning signs investors should review. Among 906 Asset Management companies, Franklin Resources ranks better than 81.57% on this metric.

As of today (2026-08-05), Franklin Resources's current share price is R$168.81. Franklin Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$88.22. Franklin Resources's Cyclically Adjusted PS Ratio for today is 1.91.

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

BSP:F1RA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.94   Max: 4.12
Current: 2.05

During the past years, Franklin Resources's highest Cyclically Adjusted PS Ratio was 4.12. The lowest was 1.07. And the median was 1.94.

BSP:F1RA34's Cyclically Adjusted PS Ratio is ranked better than
81.57% of 906 companies
in the Asset Management industry
Industry Median: 7.76 vs BSP:F1RA34: 2.05

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.

Franklin Resources's adjusted revenue per share data for the three months ended in Jun. 2026 was R$23.420. 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 R$88.22 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Resources  (BSP:F1RA34) 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.


Franklin Resources Cyclically Adjusted PS Ratio Related Terms


Franklin Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Franklin Resources'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.

Franklin Resources Cyclically Adjusted PS Ratio Chart

Franklin Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 1.40 1.55 1.25 1.40

Franklin Resources 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 1.45 1.40 1.44 1.39 1.93

BSP:F1RA34 vs CG, CRBG, PS: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Franklin Resources'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.


Franklin Resources Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:F1RA34
77GF Score
Franklin Resources Inc BSP:F1RA34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Franklin Resources 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.

Franklin Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=168.81/88.22
=1.91

* 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.

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

For example, Franklin Resources'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)
=23.42/333.9520*333.9520
=23.420

Current CPI (Jun. 2026) = 333.9520.

Franklin Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 9.175 241.428 12.691
201612 9.262 241.432 12.811
201703 8.929 243.801 12.231
201706 9.554 244.955 13.025
201709 9.142 246.819 12.369
201712 9.666 246.524 13.094
201803 9.725 249.554 13.014
201806 11.017 251.989 14.600
201809 11.136 252.439 14.732
201812 10.731 251.233 14.264
201903 10.902 254.202 14.322
201906 11.335 256.143 14.778
201909 11.126 256.759 14.471
201912 11.512 256.974 14.960
202003 13.027 258.115 16.854
202006 12.277 257.797 15.904
202009 18.732 260.280 24.034
202012 20.875 260.474 26.764
202103 23.836 264.877 30.052
202106 22.303 271.696 27.413
202109 23.511 274.310 28.623
202112 25.635 278.802 30.706
202203 21.113 287.504 24.524
202206 21.015 296.311 23.685
202209 20.830 296.808 23.437
202212 21.049 296.797 23.684
202303 20.427 301.836 22.600
202306 19.448 305.109 21.286
202309 20.010 307.789 21.711
202312 19.996 306.746 21.769
202403 20.648 312.332 22.077
202406 22.108 314.175 23.500
202409 23.676 315.301 25.077
202412 26.509 315.605 28.050
202503 23.385 319.799 24.420
202506 22.162 322.561 22.945
202509 24.406 324.800 25.094
202512 24.495 324.054 25.243
202603 23.160 330.213 23.422
202606 23.420 333.952 23.420

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 1.91 mean?
Franklin Resources (BSP:F1RA34) has a Cyclically Adjusted PS Ratio of 1.91 as of Aug. 05, 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 Franklin Resources and its competitors. This is near median its historical median of 1.94. Over the past decade, Franklin Resources' Cyclically Adjusted PS Ratio has ranged from 1.07 to 4.12. According to the industry distribution chart, Franklin Resources ranks #167 out of 906 companies in the Asset Management industry, placing it in the top 18.4%.
Is Franklin Resources' Cyclically Adjusted PS Ratio too high?
Franklin Resources' current Cyclically Adjusted PS Ratio of 1.91 is near median its 10-year median of 1.94. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 4.12. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.76. Franklin Resources' value of 1.91 is 75.4% below this industry median. Based on the distribution chart, Franklin Resources ranks #167 out of 906 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Franklin Resources has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Franklin Resources' Cyclically Adjusted PS Ratio compare to CG and CRBG?
According to the Asset Management industry distribution chart, Franklin Resources ranks #167 out of 906 companies for Cyclically Adjusted PS Ratio. This places Franklin Resources in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.76. Franklin Resources' value of 1.91 is 75.4% below this benchmark. Historically, Franklin Resources' own Cyclically Adjusted PS Ratio has ranged from 1.07 to 4.12 over the past decade. While the company's 10-year median is 1.94 vs. the industry median of 7.76, Franklin Resources 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.76, based on 906 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. Franklin Resources's current Cyclically Adjusted PS Ratio of 1.91 is 75.4% 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 Franklin Resources and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Franklin Resources's current Cyclically Adjusted PS Ratio is 1.91, which is near median its own 10-year median of 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Franklin Resources stock overvalued right now?
Franklin Resources (BSP:F1RA34) has a current Cyclically Adjusted PS Ratio of 1.91. The stock's GF Value™ is R$119.67, compared to a current price of R$168.81 — trading 41.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.91, which is near median its 10-year median of 1.94 and 75.4% below the Asset Management industry median of 7.76. Franklin Resources' overall GF Score™ is 77/100 with 9 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 Franklin Resources (BSP:F1RA34), the current Cyclically Adjusted PS Ratio is 1.91 as of Aug. 05, 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 Franklin Resources (BSP:F1RA34) Overvalued in 2026?

Based on GuruFocus' analysis, Franklin Resources stock appears to be overvalued. The current stock price of R$168.81 is trading 41.1% above its estimated GF Value™ of R$119.67.

Key valuation signals for BSP:F1RA34:

  • Cyclically Adjusted PS Ratio: 1.91 (near median its 10-year median of 1.94)
  • GF Value™: R$119.67 vs. price of R$168.81 (41.1% above fair value)
  • GF Score™: 77/100 with 9 warning signs
  • Industry Position: 75.4% below the Asset Management median (#167 of 906)

No single metric tells the full story. See the BSP:F1RA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Franklin Resources Business Description

Address One Franklin Parkway, San Mateo, CA, USA, 94403
Franklin Resources provides investment services for individual and institutional investors. At the end of May 2026, Franklin had $1.780 trillion in managed assets, composed primarily of equity (40%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (17%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of assets under management) and institutional accounts (40%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its AUM invested in global/international strategies and 29% sourced from clients domiciled outside the United States.
77GF Score

Get the complete analysis for BSP:F1RA34

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

R$168.81
Price
R$119.67
GF Value