Trustmark (FRA:TT4) Cyclically Adjusted PS Ratio: 4.43 (As of Jul. 24, 2026) — 21% 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:TT4 Trustmark Corp FRA:TT4
64 GF Score
Price €40.20
GF Value €39.90
! 5 Warning Signs
View Full Analysis

What is Trustmark Cyclically Adjusted PS Ratio?

Trustmark FRA:TT4 -0.99% 64 Cyclically Adjusted PS Ratio is 4.43 as of Jul. 24, 2026, which is 21% above its 10-year median of 3.67. GuruFocus rates FRA:TT4 with a GF Score™ of 64/100 and a GF Value™ of €39.90. The stock has 5 warning signs investors should review. Among 1,299 Banks companies, Trustmark ranks worse than 71.13% on this metric.

As of today (2026-07-24), Trustmark's current share price is €40.20. Trustmark's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €9.08. Trustmark's Cyclically Adjusted PS Ratio for today is 4.43.

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

FRA:TT4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.97   Med: 3.67   Max: 4.74
Current: 4.41

During the past years, Trustmark's highest Cyclically Adjusted PS Ratio was 4.74. The lowest was 1.97. And the median was 3.67.

FRA:TT4's Cyclically Adjusted PS Ratio is ranked worse than
71.13% of 1299 companies
in the Banks industry
Industry Median: 3.36 vs FRA:TT4: 4.41

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.

Trustmark's adjusted revenue per share data for the three months ended in Mar. 2026 was €2.547. 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 €9.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trustmark  (FRA:TT4) 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.


Trustmark Cyclically Adjusted PS Ratio Related Terms


Trustmark Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Trustmark'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.

Trustmark Cyclically Adjusted PS Ratio Chart

Trustmark 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 3.62 3.67 2.84 3.60 3.81

Trustmark Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.45 3.61 3.88 3.81 4.03

FRA:TT4 vs CUBI, FRME, WAFD: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Trustmark'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.


Trustmark Cyclically Adjusted PS Ratio vs Banks Industry

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

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


FRA:TT4
64GF Score
Trustmark Corp FRA:TT4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trustmark 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.

Trustmark's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.20/9.08
=4.43

* 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.

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

For example, Trustmark'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)
=2.547/330.2130*330.2130
=2.547

Current CPI (Mar. 2026) = 330.2130.

Trustmark Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.649 241.018 2.259
201609 1.662 241.428 2.273
201612 1.754 241.432 2.399
201703 1.730 243.801 2.343
201706 1.791 244.955 2.414
201709 1.640 246.819 2.194
201712 1.652 246.524 2.213
201803 1.582 249.554 2.093
201806 1.707 251.989 2.237
201809 1.732 252.439 2.266
201812 1.712 251.233 2.250
201903 1.741 254.202 2.262
201906 1.889 256.143 2.435
201909 1.929 256.759 2.481
201912 1.831 256.974 2.353
202003 2.091 258.115 2.675
202006 2.117 257.797 2.712
202009 2.086 260.280 2.646
202012 1.975 260.474 2.504
202103 1.821 264.877 2.270
202106 1.994 271.696 2.423
202109 1.736 274.310 2.090
202112 1.784 278.802 2.113
202203 1.853 287.504 2.128
202206 2.133 296.311 2.377
202209 2.645 296.808 2.943
202212 1.711 296.797 1.904
202303 2.487 301.836 2.721
202306 2.244 305.109 2.429
202309 2.248 307.789 2.412
202312 2.178 306.746 2.345
202403 2.199 312.332 2.325
202406 -0.394 314.175 -0.414
202409 2.430 315.301 2.545
202412 2.633 315.605 2.755
202503 2.541 319.799 2.624
202506 2.434 322.561 2.492
202509 2.430 324.800 2.470
202512 2.504 324.054 2.552
202603 2.547 330.213 2.547

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 4.43 mean?
Trustmark (FRA:TT4) has a Cyclically Adjusted PS Ratio of 4.43 as of Jul. 24, 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 Trustmark and its competitors. This is 21% above median its historical median of 3.67. Over the past decade, Trustmark's Cyclically Adjusted PS Ratio has ranged from 1.97 to 4.74. According to the industry distribution chart, Trustmark ranks #924 out of 1299 companies in the Banks industry, placing it in the top 71.1%.
Is Trustmark's Cyclically Adjusted PS Ratio too high?
Trustmark's current Cyclically Adjusted PS Ratio of 4.43 is 21% above median its 10-year median of 3.67. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 4.74. The Banks industry median Cyclically Adjusted PS Ratio is 3.36. Trustmark's value of 4.43 is 31.8% above this industry median. Based on the distribution chart, Trustmark ranks #924 out of 1299 companies in the Banks industry, which is below the industry midpoint. Overall, Trustmark has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Trustmark's Cyclically Adjusted PS Ratio compare to CUBI and FRME?
According to the Banks industry distribution chart, Trustmark ranks #924 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Trustmark in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. Trustmark's value of 4.43 is 31.8% above this benchmark. Historically, Trustmark's own Cyclically Adjusted PS Ratio has ranged from 1.97 to 4.74 over the past decade. While the company's 10-year median is 3.67 vs. the industry median of 3.36, Trustmark 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.36, based on 1,299 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. Trustmark's current Cyclically Adjusted PS Ratio of 4.43 is 31.8% 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 Trustmark and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trustmark's current Cyclically Adjusted PS Ratio is 4.43, which is 21% above median its own 10-year median of 3.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trustmark stock overvalued right now?
Trustmark (FRA:TT4) has a current Cyclically Adjusted PS Ratio of 4.43. The stock's GF Value™ is €39.90, compared to a current price of €40.20 — trading 0.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.43, which is 21% above median its 10-year median of 3.67 and 31.8% above the Banks industry median of 3.36. Trustmark's overall GF Score™ is 64/100 with 5 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 Trustmark (FRA:TT4), the current Cyclically Adjusted PS Ratio is 4.43 as of Jul. 24, 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 Trustmark (FRA:TT4) Overvalued in 2026?

Based on GuruFocus' analysis, Trustmark stock appears to be overvalued. The current stock price of €40.20 is trading 0.8% above its estimated GF Value™ of €39.90.

Key valuation signals for FRA:TT4:

  • Cyclically Adjusted PS Ratio: 4.43 (21% above median its 10-year median of 3.67)
  • GF Value™: €39.90 vs. price of €40.20 (0.8% above fair value)
  • GF Score™: 64/100 with 5 warning signs
  • Industry Position: 31.8% above the Banks median (#924 of 1299)

No single metric tells the full story. See the FRA:TT4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trustmark Business Description

Other Exchanges TRMK:USA
Address 248 East Capitol Street, Jackson, MS, USA, 39201
Trustmark Corp is a bank holding company. Through its subsidiaries, the company operates as a financial services organization providing banking and other financial solutions in Alabama, Florida, Mississippi, Tennessee, and Texas. Its principal products and services include Commercial Banking, Consumer Banking, Mortgage Banking, Insurance, Wealth Management and Trust Services, and others. The company is managed along two operating segments: General Banking and Wealth Management. The General Banking segment, which generates the majority of the revenue, provides all traditional banking products and services, including loan deposits, and also consists of internal operations.
64GF Score

Get the complete analysis for FRA:TT4

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

€40.20
Price
€39.90
GF Value