Raymond James Financial (BSP:R1JF34) Cyclically Adjusted PS Ratio: 3.36 (As of Aug. 15, 2026) — 26% Above Median

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BSP:R1JF34 Raymond James Financial Inc BSP:R1JF34
83 GF Score
Price R$470.47
GF Value R$455.69
Valuation Fairly Valued
! 6 Warning Signs
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What is Raymond James Financial Cyclically Adjusted PS Ratio?

Raymond James Financial BSP:R1JF34 -0.10% 83 Cyclically Adjusted PS Ratio is 3.36 as of Aug. 15, 2026, which is 26% above its 10-year median of 2.67. GuruFocus rates BSP:R1JF34 with a GF Score™ of 83/100 and a GF Value™ of R$455.69 (Fairly Valued). The stock has 6 warning signs investors should review. Among 922 Asset Management companies, Raymond James Financial ranks better than 75.27% on this metric.

As of today (2026-08-15), Raymond James Financial's current share price is R$470.47. Raymond James Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was R$139.95. Raymond James Financial's Cyclically Adjusted PS Ratio for today is 3.36.

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

BSP:R1JF34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.67   Max: 3.73
Current: 3.28

During the past years, Raymond James Financial's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 1.43. And the median was 2.67.

BSP:R1JF34's Cyclically Adjusted PS Ratio is ranked better than
75.27% of 922 companies
in the Asset Management industry
Industry Median: 7.96 vs BSP:R1JF34: 3.28

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.

Raymond James Financial's adjusted revenue per share data for the three months ended in Jun. 2026 was R$50.215. 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$139.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raymond James Financial  (BSP:R1JF34) 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.


Raymond James Financial Cyclically Adjusted PS Ratio Related Terms


Raymond James Financial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Raymond James Financial'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.

Raymond James Financial Cyclically Adjusted PS Ratio Chart

Raymond James Financial 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 2.88 2.65 2.43 2.70 3.43

Raymond James Financial 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 3.13 3.43 3.13 2.71 2.76

BSP:R1JF34 vs ARES, TROW, PFG: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Raymond James Financial'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.


Raymond James Financial Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


BSP:R1JF34
83GF Score
Raymond James Financial Inc BSP:R1JF34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Raymond James Financial 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.

Raymond James Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=470.47/139.95
=3.36

* 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.

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

For example, Raymond James Financial'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)
=50.215/333.9520*333.9520
=50.215

Current CPI (Jun. 2026) = 333.9520.

Raymond James Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 11.089 241.428 15.339
201612 11.309 241.432 15.643
201703 10.979 243.801 15.039
201706 11.981 244.955 16.334
201709 11.821 246.819 15.994
201712 12.620 246.524 17.096
201803 13.123 249.554 17.561
201806 15.262 251.989 20.226
201809 17.258 252.439 22.831
201812 16.759 251.233 22.277
201903 16.343 254.202 21.470
201906 17.032 256.143 22.206
201909 19.385 256.759 25.213
201912 19.174 256.974 24.918
202003 23.571 258.115 30.496
202006 22.468 257.797 29.105
202009 26.528 260.280 34.037
202012 26.926 260.474 34.522
202103 31.142 264.877 39.263
202106 28.943 271.696 35.575
202109 33.078 274.310 40.270
202112 36.515 278.802 43.738
202203 30.758 287.504 35.727
202206 31.358 296.311 35.341
202209 33.203 296.808 37.358
202212 32.748 296.797 36.848
202303 33.706 301.836 37.292
202306 32.392 305.109 35.454
202309 34.821 307.789 37.781
202312 34.067 306.746 37.088
202403 35.867 312.332 38.350
202406 40.339 314.175 42.878
202409 45.009 315.301 47.671
202412 50.803 315.605 53.756
202503 46.200 319.799 48.245
202506 45.095 322.561 46.687
202509 48.296 324.800 49.657
202512 49.735 324.054 51.254
202603 49.828 330.213 50.392
202606 50.215 333.952 50.215

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 3.36 mean?
Raymond James Financial (BSP:R1JF34) has a Cyclically Adjusted PS Ratio of 3.36 as of Aug. 15, 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 Raymond James Financial and its competitors. This is 26% above median its historical median of 2.67. Over the past decade, Raymond James Financial's Cyclically Adjusted PS Ratio has ranged from 1.43 to 3.73. According to the industry distribution chart, Raymond James Financial ranks #228 out of 922 companies in the Asset Management industry, placing it in the top 24.7%.
Is Raymond James Financial's Cyclically Adjusted PS Ratio too high?
Raymond James Financial's current Cyclically Adjusted PS Ratio of 3.36 is 26% above median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.73. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.96. Raymond James Financial's value of 3.36 is 57.8% below this industry median. Based on the distribution chart, Raymond James Financial ranks #228 out of 922 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Raymond James Financial has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's Cyclically Adjusted PS Ratio compare to ARES and TROW?
According to the Asset Management industry distribution chart, Raymond James Financial ranks #228 out of 922 companies for Cyclically Adjusted PS Ratio. This places Raymond James Financial in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.96. Raymond James Financial's value of 3.36 is 57.8% below this benchmark. Historically, Raymond James Financial's own Cyclically Adjusted PS Ratio has ranged from 1.43 to 3.73 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 7.96, Raymond James Financial 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 7.96, based on 922 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. Raymond James Financial's current Cyclically Adjusted PS Ratio of 3.36 is 57.8% 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 Raymond James Financial and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond James Financial's current Cyclically Adjusted PS Ratio is 3.36, which is 26% above median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond James Financial stock overvalued right now?
Based on GuruFocus' analysis, Raymond James Financial (BSP:R1JF34) is currently considered Fairly Valued. The stock's GF Value™ is R$455.69, compared to a current price of R$470.47 — trading 3.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.36, which is 26% above median its 10-year median of 2.67 and 57.8% below the Asset Management industry median of 7.96. Raymond James Financial's overall GF Score™ is 83/100 with 6 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 Raymond James Financial (BSP:R1JF34), the current Cyclically Adjusted PS Ratio is 3.36 as of Aug. 15, 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 Raymond James Financial (BSP:R1JF34) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond James Financial stock appears to be overvalued. The current stock price of R$470.47 is trading 3.2% above its estimated GF Value™ of R$455.69. GuruFocus considers Raymond James Financial to be Fairly Valued.

Key valuation signals for BSP:R1JF34:

  • Cyclically Adjusted PS Ratio: 3.36 (26% above median its 10-year median of 2.67)
  • GF Value™: R$455.69 vs. price of R$470.47 (3.2% above fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 57.8% below the Asset Management median (#228 of 922)

No single metric tells the full story. See the BSP:R1JF34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raymond James Financial Business Description

Address 880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
83GF Score

Get the complete analysis for BSP:R1JF34

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

R$470.47
Price
R$455.69
GF Value