XPO (FRA:UX2A) Cyclically Adjusted PS Ratio: 2.04 (As of Jul. 23, 2026) — 292% Above Median

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FRA:UX2A XPO Inc FRA:UX2A
75 GF Score
Price €186.95
GF Value €112.49
! 6 Warning Signs
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What is XPO Cyclically Adjusted PS Ratio?

XPO FRA:UX2A +1.58% 75 Cyclically Adjusted PS Ratio is 2.04 as of Jul. 23, 2026, which is 292% above its 10-year median of 0.52. GuruFocus rates FRA:UX2A with a GF Score™ of 75/100 and a GF Value™ of €112.49. The stock has 6 warning signs investors should review. Among 759 Transportation companies, XPO ranks worse than 72.2% on this metric.

As of today (2026-07-23), XPO's current share price is €186.95. XPO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €91.63. XPO's Cyclically Adjusted PS Ratio for today is 2.04.

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

FRA:UX2A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.52   Max: 2.12
Current: 1.98

During the past years, XPO's highest Cyclically Adjusted PS Ratio was 2.12. The lowest was 0.20. And the median was 0.52.

FRA:UX2A's Cyclically Adjusted PS Ratio is ranked worse than
72.2% of 759 companies
in the Transportation industry
Industry Median: 0.89 vs FRA:UX2A: 1.98

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.

XPO's adjusted revenue per share data for the three months ended in Mar. 2026 was €15.236. 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 €91.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XPO  (FRA:UX2A) 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.


XPO Cyclically Adjusted PS Ratio Related Terms


XPO Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for XPO'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.

XPO Cyclically Adjusted PS Ratio Chart

XPO 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 0.52 0.34 0.83 1.20 1.25

XPO 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 0.97 1.13 1.16 1.25 1.81

FRA:UX2A vs KNX, SAIA, SNDR: Cyclically Adjusted PS Ratio Comparison

For the Trucking subindustry, XPO'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.


XPO Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, XPO's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:UX2A
75GF Score
XPO Inc FRA:UX2A
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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XPO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=186.95/91.63
=2.04

* 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.

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

For example, XPO'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)
=15.236/330.2130*330.2130
=15.236

Current CPI (Mar. 2026) = 330.2130.

XPO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 26.804 241.018 36.724
201609 26.924 241.428 36.825
201612 25.930 241.432 35.465
201703 26.603 243.801 36.032
201706 26.838 244.955 36.179
201709 25.125 246.819 33.614
201712 26.567 246.524 35.586
201803 25.562 249.554 33.824
201806 27.871 251.989 36.523
201809 27.117 252.439 35.471
201812 28.577 251.233 37.561
201903 31.164 254.202 40.483
201906 36.771 256.143 47.404
201909 36.979 256.759 47.558
201912 -15.999 256.974 -20.559
202003 33.951 258.115 43.434
202006 34.173 257.797 43.772
202009 22.265 260.280 28.247
202012 -9.457 260.474 -11.989
202103 22.418 264.877 27.948
202106 23.402 271.696 28.442
202109 23.961 274.310 28.844
202112 -17.261 278.802 -20.444
202203 14.825 287.504 17.027
202206 16.694 296.311 18.604
202209 16.944 296.808 18.851
202212 14.901 296.797 16.579
202303 15.355 301.836 16.799
202306 14.995 305.109 16.229
202309 15.590 307.789 16.726
202312 15.076 306.746 16.229
202403 15.471 312.332 16.357
202406 16.095 314.175 16.917
202409 15.415 315.301 16.144
202412 15.296 315.605 16.004
202503 15.062 319.799 15.552
202506 15.154 322.561 15.513
202509 14.988 324.800 15.238
202512 14.554 324.054 14.831
202603 15.236 330.213 15.236

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 2.04 mean?
XPO (FRA:UX2A) has a Cyclically Adjusted PS Ratio of 2.04 as of Jul. 23, 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 XPO and its competitors. This is 292% above median its historical median of 0.52. Over the past decade, XPO's Cyclically Adjusted PS Ratio has ranged from 0.20 to 2.12. According to the industry distribution chart, XPO ranks #548 out of 759 companies in the Transportation industry, placing it in the top 72.2%.
Is XPO's Cyclically Adjusted PS Ratio too high?
XPO's current Cyclically Adjusted PS Ratio of 2.04 is 292% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.12. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. XPO's value of 2.04 is 129.2% above this industry median. Based on the distribution chart, XPO ranks #548 out of 759 companies in the Transportation industry, which is below the industry midpoint. Overall, XPO has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does XPO's Cyclically Adjusted PS Ratio compare to KNX and SAIA?
According to the Transportation industry distribution chart, XPO ranks #548 out of 759 companies for Cyclically Adjusted PS Ratio. This places XPO in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. XPO's value of 2.04 is 129.2% above this benchmark. Historically, XPO's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 2.12 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.89, XPO 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.89, based on 759 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. XPO's current Cyclically Adjusted PS Ratio of 2.04 is 129.2% 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 XPO and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XPO's current Cyclically Adjusted PS Ratio is 2.04, which is 292% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPO stock overvalued right now?
XPO (FRA:UX2A) has a current Cyclically Adjusted PS Ratio of 2.04. The stock's GF Value™ is €112.49, compared to a current price of €186.95 — trading 66.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.04, which is 292% above median its 10-year median of 0.52 and 129.2% above the Transportation industry median of 0.89. XPO's overall GF Score™ is 75/100 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 XPO (FRA:UX2A), the current Cyclically Adjusted PS Ratio is 2.04 as of Jul. 23, 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 XPO (FRA:UX2A) Overvalued in 2026?

Based on GuruFocus' analysis, XPO stock appears to be overvalued. The current stock price of €186.95 is trading 66.2% above its estimated GF Value™ of €112.49.

Key valuation signals for FRA:UX2A:

  • Cyclically Adjusted PS Ratio: 2.04 (292% above median its 10-year median of 0.52)
  • GF Value™: €112.49 vs. price of €186.95 (66.2% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 129.2% above the Transportation median (#548 of 759)

No single metric tells the full story. See the FRA:UX2A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XPO Business Description

Other Exchanges XPO:USAXPO:Mexico0M1O:UK
Address Five American Lane, Greenwich, CT, USA, 06831
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. We estimate LTL shipping makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.
75GF Score

Get the complete analysis for FRA:UX2A

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

€186.95
Price
€112.49
GF Value