Iron Mountain (BSP:I1RM34) Cyclically Adjusted PS Ratio: 5.81 (As of Sep. 16, 2026) — 123% Above Median

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BSP:I1RM34 Iron Mountain Inc BSP:I1RM34
84 GF Score
Price R$47.18
GF Value R$55.00
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Iron Mountain Cyclically Adjusted PS Ratio?

Iron Mountain BSP:I1RM34 -3.22% 84 Cyclically Adjusted PS Ratio is 5.81 as of Sep. 16, 2026, which is 123% above its 10-year median of 2.61. GuruFocus rates BSP:I1RM34 with a GF Score™ of 84/100 and a GF Value™ of R$55.00 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 544 REITs companies, Iron Mountain ranks better than 50.18% on this metric.

As of today (2026-09-16), Iron Mountain's current share price is R$47.18. Iron Mountain's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$8.12. Iron Mountain's Cyclically Adjusted PS Ratio for today is 5.81.

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

BSP:I1RM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.61   Max: 6.84
Current: 5.61

During the past years, Iron Mountain's highest Cyclically Adjusted PS Ratio was 6.84. The lowest was 1.35. And the median was 2.61.

BSP:I1RM34's Cyclically Adjusted PS Ratio is ranked better than
50.18% of 544 companies
in the REITs industry
Industry Median: 5.635 vs BSP:I1RM34: 5.61

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.

Iron Mountain's adjusted revenue per share data for the three months ended in Jun. 2026 was R$2.850. 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$8.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iron Mountain  (BSP:I1RM34) 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.


Iron Mountain Cyclically Adjusted PS Ratio Related Terms


Iron Mountain Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Iron Mountain'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.

Iron Mountain Cyclically Adjusted PS Ratio Chart

Iron Mountain 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 4.28 3.39 4.07 7.32 5.11

Iron Mountain 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 6.27 5.96 5.04 5.47 7.28

BSP:I1RM34 vs CCI, SBAC, WY: Cyclically Adjusted PS Ratio Comparison

For the REIT - Specialty subindustry, Iron Mountain'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.


Iron Mountain Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Iron Mountain's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BSP:I1RM34
84GF Score
Iron Mountain Inc BSP:I1RM34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iron Mountain 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.

Iron Mountain's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.18/8.124
=5.81

* 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.

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

For example, Iron Mountain'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)
=2.85/333.9520*333.9520
=2.850

Current CPI (Jun. 2026) = 333.9520.

Iron Mountain Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.964 241.428 1.333
201612 1.009 241.432 1.396
201703 0.932 243.801 1.277
201706 0.963 244.955 1.313
201709 0.960 246.819 1.299
201712 0.000 246.524 0.000
201803 0.986 249.554 1.319
201806 1.112 251.989 1.474
201809 1.216 252.439 1.609
201812 1.173 251.233 1.559
201903 1.151 254.202 1.512
201906 1.212 256.143 1.580
201909 1.221 256.759 1.588
201912 1.286 256.974 1.671
202003 1.379 258.115 1.784
202006 1.527 257.797 1.978
202009 1.609 260.280 2.064
202012 1.649 260.474 2.114
202103 1.706 264.877 2.151
202106 1.700 271.696 2.090
202109 1.689 274.310 2.056
202112 1.850 278.802 2.216
202203 1.863 287.504 2.164
202206 1.808 296.311 2.038
202209 1.923 296.808 2.164
202212 1.914 296.797 2.154
202303 1.941 301.836 2.148
202306 1.910 305.109 2.091
202309 1.919 307.789 2.082
202312 1.988 306.746 2.164
202403 2.064 312.332 2.207
202406 2.252 314.175 2.394
202409 2.451 315.301 2.596
202412 2.588 315.605 2.738
202503 2.611 319.799 2.727
202506 2.738 322.561 2.835
202509 2.673 324.800 2.748
202512 2.777 324.054 2.862
202603 2.838 330.213 2.870
202606 2.850 333.952 2.850

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 5.81 mean?
Iron Mountain (BSP:I1RM34) has a Cyclically Adjusted PS Ratio of 5.81 as of Sep. 16, 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 Iron Mountain and its competitors. This is 123% above median its historical median of 2.61. Over the past decade, Iron Mountain's Cyclically Adjusted PS Ratio has ranged from 1.35 to 6.84. According to the industry distribution chart, Iron Mountain ranks #271 out of 544 companies in the REITs industry, placing it in the top 49.8%.
Is Iron Mountain's Cyclically Adjusted PS Ratio too high?
Iron Mountain's current Cyclically Adjusted PS Ratio of 5.81 is 123% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.35 to a high of 6.84. The REITs industry median Cyclically Adjusted PS Ratio is 5.64. Iron Mountain's value of 5.81 is 3.1% above this industry median. Based on the distribution chart, Iron Mountain ranks #271 out of 544 companies in the REITs industry, which is above the industry midpoint. Overall, Iron Mountain has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iron Mountain's Cyclically Adjusted PS Ratio compare to CCI and SBAC?
According to the REITs industry distribution chart, Iron Mountain ranks #271 out of 544 companies for Cyclically Adjusted PS Ratio. This puts Iron Mountain in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.64. Iron Mountain's value of 5.81 is 3.1% above this benchmark. Historically, Iron Mountain's own Cyclically Adjusted PS Ratio has ranged from 1.35 to 6.84 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 5.64, Iron Mountain 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 REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.64, based on 544 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. Iron Mountain's current Cyclically Adjusted PS Ratio of 5.81 is 3.1% 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 Iron Mountain and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Mountain's current Cyclically Adjusted PS Ratio is 5.81, which is 123% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Mountain stock overvalued right now?
Based on GuruFocus' analysis, Iron Mountain (BSP:I1RM34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$55.00, compared to a current price of R$47.18 — trading 14.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.81, which is 123% above median its 10-year median of 2.61 and 3.1% above the REITs industry median of 5.64. Iron Mountain's overall GF Score™ is 84/100 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 Iron Mountain (BSP:I1RM34), the current Cyclically Adjusted PS Ratio is 5.81 as of Sep. 16, 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 Iron Mountain (BSP:I1RM34) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Mountain stock appears to be undervalued. The current stock price of R$47.18 is trading 14.2% below its estimated GF Value™ of R$55.00. GuruFocus considers Iron Mountain to be Modestly Undervalued.

Key valuation signals for BSP:I1RM34:

  • Cyclically Adjusted PS Ratio: 5.81 (123% above median its 10-year median of 2.61)
  • GF Value™: R$55.00 vs. price of R$47.18 (14.2% below fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 3.1% above the REITs median (#271 of 544)

No single metric tells the full story. See the BSP:I1RM34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iron Mountain Business Description

Industry Real EstateREITs
Other Exchanges IRM:USA0JDP:UKI5M:Germany
Address 85 New Hampshire Avenue, Suite 150, Portsmouth, NH, USA, 03801
Iron Mountain Inc is an information management services provider organized and operated as a real estate investment trust. The company offers solutions to its clients to address their information management, digital transformation, information security, data center, and asset lifecycle management (ALM) needs. Its customers come from various industries, including commercial, legal, financial, healthcare, technology, etc. The company has two reportable segments: Global Records and Information Management (Global RIM) and Global Data Center. Maximum revenue is generated from the Global RIM segment, which offers data and records management, secure shredding, consumer storage, and other related services. Geographically, the company generates maximum revenue from the United States.
84GF Score

Get the complete analysis for BSP:I1RM34

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

R$47.18
Price
R$55.00
GF Value