Interactive Brokers Group (FRA:KY6) Cyclically Adjusted PS Ratio: 6.90 (As of Aug. 01, 2026) — 207% Above Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

FRA:KY6 Interactive Brokers Group Inc FRA:KY6
86 GF Score
Price €78.75
GF Value €35.40
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Interactive Brokers Group Cyclically Adjusted PS Ratio?

Interactive Brokers Group FRA:KY6 +0.90% 86 Cyclically Adjusted PS Ratio is 6.90 as of Aug. 01, 2026, which is 207% above its 10-year median of 2.25. GuruFocus rates FRA:KY6 with a GF Score™ of 86/100 and a GF Value™ of €35.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 606 Capital Markets companies, Interactive Brokers Group ranks worse than 67.99% on this metric.

As of today (2026-08-01), Interactive Brokers Group's current share price is €78.75. Interactive Brokers Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €11.42. Interactive Brokers Group's Cyclically Adjusted PS Ratio for today is 6.90.

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

FRA:KY6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 2.25   Max: 7.07
Current: 6.48

During the past years, Interactive Brokers Group's highest Cyclically Adjusted PS Ratio was 7.07. The lowest was 1.01. And the median was 2.25.

FRA:KY6's Cyclically Adjusted PS Ratio is ranked worse than
67.99% of 606 companies
in the Capital Markets industry
Industry Median: 3.33 vs FRA:KY6: 6.48

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.

Interactive Brokers Group's adjusted revenue per share data for the three months ended in Mar. 2026 was €5.058. 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 €11.42 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interactive Brokers Group  (FRA:KY6) 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.


Interactive Brokers Group Cyclically Adjusted PS Ratio Related Terms


Interactive Brokers Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Interactive Brokers Group'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.

Interactive Brokers Group Cyclically Adjusted PS Ratio Chart

Interactive Brokers Group 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 2.73 2.26 2.21 3.99 4.97

Interactive Brokers Group 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 4.60 5.49 4.97 4.94 0.00

FRA:KY6 vs LPLA, TW, CRCL: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, Interactive Brokers Group'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.


Interactive Brokers Group Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Interactive Brokers Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:KY6
86GF Score
Interactive Brokers Group Inc FRA:KY6
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Interactive Brokers Group 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.

Interactive Brokers Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=78.75/11.42
=6.90

* 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.

Interactive Brokers Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Interactive Brokers Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.058/330.2130*330.2130
=5.058

Current CPI (Mar. 2026) = 330.2130.

Interactive Brokers Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.088 241.018 1.491
201609 1.133 241.428 1.550
201612 1.202 241.432 1.644
201703 1.103 243.801 1.494
201706 1.173 244.955 1.581
201709 1.213 246.819 1.623
201712 1.379 246.524 1.847
201803 1.511 249.554 1.999
201806 1.577 251.989 2.067
201809 1.505 252.439 1.969
201812 2.057 251.233 2.704
201903 1.780 254.202 2.312
201906 1.918 256.143 2.473
201909 1.958 256.759 2.518
201912 1.811 256.974 2.327
202003 1.995 258.115 2.552
202006 1.554 257.797 1.991
202009 1.509 260.280 1.914
202012 1.462 260.474 1.853
202103 1.953 264.877 2.435
202106 1.508 271.696 1.833
202109 1.490 274.310 1.794
202112 1.610 278.802 1.907
202203 1.689 287.504 1.940
202206 1.951 296.311 2.174
202209 2.840 296.808 3.160
202212 3.367 296.797 3.746
202303 3.914 301.836 4.282
202306 4.240 305.109 4.589
202309 4.438 307.789 4.761
202312 4.474 306.746 4.816
202403 4.651 312.332 4.917
202406 4.898 314.175 5.148
202409 4.926 315.301 5.159
202412 5.207 315.605 5.448
202503 4.815 319.799 4.972
202506 4.874 322.561 4.990
202509 5.168 324.800 5.254
202512 5.265 324.054 5.365
202603 5.058 330.213 5.058

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 6.90 mean?
Interactive Brokers Group (FRA:KY6) has a Cyclically Adjusted PS Ratio of 6.90 as of Aug. 01, 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 Interactive Brokers Group and its competitors. This is 207% above median its historical median of 2.25. Over the past decade, Interactive Brokers Group's Cyclically Adjusted PS Ratio has ranged from 1.01 to 7.07. According to the industry distribution chart, Interactive Brokers Group ranks #412 out of 606 companies in the Capital Markets industry, placing it in the top 68%.
Is Interactive Brokers Group's Cyclically Adjusted PS Ratio too high?
Interactive Brokers Group's current Cyclically Adjusted PS Ratio of 6.90 is 207% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 7.07. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.33. Interactive Brokers Group's value of 6.90 is 107.2% above this industry median. Based on the distribution chart, Interactive Brokers Group ranks #412 out of 606 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Interactive Brokers Group has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Interactive Brokers Group's Cyclically Adjusted PS Ratio compare to LPLA and TW?
According to the Capital Markets industry distribution chart, Interactive Brokers Group ranks #412 out of 606 companies for Cyclically Adjusted PS Ratio. This places Interactive Brokers Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.33. Interactive Brokers Group's value of 6.90 is 107.2% above this benchmark. Historically, Interactive Brokers Group's own Cyclically Adjusted PS Ratio has ranged from 1.01 to 7.07 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 3.33, Interactive Brokers Group 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.33, based on 606 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. Interactive Brokers Group's current Cyclically Adjusted PS Ratio of 6.90 is 107.2% 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 Interactive Brokers Group and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Interactive Brokers Group's current Cyclically Adjusted PS Ratio is 6.90, which is 207% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Interactive Brokers Group stock overvalued right now?
Based on GuruFocus' analysis, Interactive Brokers Group (FRA:KY6) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.40, compared to a current price of €78.75 — trading 122.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.90, which is 207% above median its 10-year median of 2.25 and 107.2% above the Capital Markets industry median of 3.33. Interactive Brokers Group's overall GF Score™ is 86/100 with 8 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 Interactive Brokers Group (FRA:KY6), the current Cyclically Adjusted PS Ratio is 6.90 as of Aug. 01, 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 Interactive Brokers Group (FRA:KY6) Overvalued in 2026?

Based on GuruFocus' analysis, Interactive Brokers Group stock appears to be overvalued. The current stock price of €78.75 is trading 122.5% above its estimated GF Value™ of €35.40. GuruFocus considers Interactive Brokers Group to be Significantly Overvalued.

Key valuation signals for FRA:KY6:

  • Cyclically Adjusted PS Ratio: 6.90 (207% above median its 10-year median of 2.25)
  • GF Value™: €35.40 vs. price of €78.75 (122.5% above fair value)
  • GF Score™: 86/100 with 8 warning signs
  • Industry Position: 107.2% above the Capital Markets median (#412 of 606)

No single metric tells the full story. See the FRA:KY6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Interactive Brokers Group Business Description

Address One Pickwick Plaza, Greenwich, CT, USA, 06830
Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 170 electronic exchanges, 40 countries, and 29 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.
86GF Score

Get the complete analysis for FRA:KY6

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

€78.75
Price
€35.40
GF Value