MetLife (BSP:METB34) Cyclically Adjusted PS Ratio: (As of Sep. 21, 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:METB34 MetLife Inc BSP:METB34
66 GF Score
Price R$499.00
GF Value R$491.21
Valuation Fairly Valued
! 7 Warning Signs
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What is MetLife Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife  (BSP:METB34) 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.


MetLife Cyclically Adjusted PS Ratio Related Terms


MetLife Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MetLife'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.

MetLife Cyclically Adjusted PS Ratio Chart

MetLife 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 1.35 1.28 0.94 1.29 1.02

MetLife 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 1.06 0.99 1.01 0.82 0.96

BSP:METB34 vs AFL, PRU, UNM: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Life subindustry, MetLife'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.


MetLife Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


BSP:METB34
66GF Score
MetLife Inc BSP:METB34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MetLife 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.

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

For example, MetLife'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)
=150.848/333.9520*333.9520
=150.848

Current CPI (Jun. 2026) = 333.9520.

MetLife Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 46.317 241.428 64.067
201612 38.167 241.432 52.793
201703 42.808 243.801 58.637
201706 45.537 244.955 62.081
201709 48.218 246.819 65.240
201712 48.898 246.524 66.239
201803 46.020 249.554 61.584
201806 74.567 251.989 98.821
201809 64.256 252.439 85.004
201812 60.382 251.233 80.263
201903 63.759 254.202 83.762
201906 71.986 256.143 93.853
201909 79.163 256.759 102.963
201912 76.232 256.974 99.068
202003 88.850 258.115 114.955
202006 82.997 257.797 107.515
202009 94.276 260.280 120.961
202012 115.716 260.474 148.359
202103 95.583 264.877 120.509
202106 111.640 271.696 137.221
202109 102.603 274.310 124.912
202112 132.783 278.802 159.049
202203 96.945 287.504 112.607
202206 93.513 296.311 105.392
202209 145.977 296.808 164.245
202212 103.863 296.797 116.865
202303 102.273 301.836 113.155
202306 107.031 305.109 117.149
202309 102.513 307.789 111.227
202312 126.873 306.746 138.126
202403 109.152 312.332 116.708
202406 129.922 314.175 138.100
202409 145.318 315.301 153.914
202412 156.138 315.605 165.215
202503 158.063 319.799 165.058
202506 145.600 322.561 150.742
202509 141.378 324.800 145.362
202512 194.013 324.054 199.939
202603 152.902 330.213 154.633
202606 150.848 333.952 150.848

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 MetLife (BSP:METB34) Overvalued in 2026?

Based on GuruFocus' analysis, MetLife stock appears to be overvalued. The current stock price of R$499.00 is trading 1.6% above its estimated GF Value™ of R$491.21. GuruFocus considers MetLife to be Fairly Valued.

Key valuation signals for BSP:METB34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$491.21 vs. price of R$499.00 (1.6% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the BSP:METB34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MetLife Business Description

Address 200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the US by assets and provides a variety of life insurance and annuity products. It is organized into six segments: Group Benefits, Retirement and Income Solutions, Asia, Latin America, Europe/Middle East/Africa (EMEA), and MetLife Holdings (products in run-off). Group Benefits and RIS are US-based, contributing to around 48% of the firm's 2024 adjusted earnings. The Asia segment contributes around 25% of earnings, mainly tied to Japan. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of 2024 earnings. The EMEA and MetLife Holdings segments contributed around 4% and 10% of 2024 earnings, respectively.
66GF Score

Get the complete analysis for BSP:METB34

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

R$499.00
Price
R$491.21
GF Value