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.
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.
Willis Towers WatsonFRA:WTY -2.56%77 Cyclically Adjusted PS Ratio is 3.20 as of Jul. 16, 2026, which is 1% above its 10-year median of 3.16. GuruFocus rates FRA:WTY with a GF Score™ of 77/100 and a GF Value™ of €287.77 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 410 Insurance companies, Willis Towers Watson ranks worse than 83.66% on this metric.
The historical rank and industry rank for Willis Towers Watson's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:WTY'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.05 Med: 3.16 Max: 4.28
Current: 3.19
During the past years, Willis Towers Watson's highest Cyclically Adjusted PS Ratio was 4.28. The lowest was 2.05. And the median was 3.16.
FRA:WTY's Cyclically Adjusted PS Ratio is ranked worse than 83.66% of 410
companies
in the Insurance industry
Industry Median: 1.23
vs FRA:WTY: 3.19
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.
Willis Towers Watson's adjusted revenue per share data for the three months ended in Mar. 2026 was €21.733. 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 €78.40 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Willis Towers Watson (FRA:WTY) 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.
Willis Towers Watson Cyclically Adjusted PS Ratio Related Terms
Willis Towers Watson Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Willis Towers Watson'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.
Willis Towers Watson Cyclically Adjusted PS Ratio Chart
FRA:WTY vs BRO, ERIE, NP: Cyclically Adjusted PS Ratio Comparison
For the Insurance Brokers subindustry, Willis Towers Watson'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.
Willis Towers Watson Cyclically Adjusted PS Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Willis Towers Watson's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Willis Towers Watson's Cyclically Adjusted PS Ratio falls into.
Willis Towers Watson 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.
* 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.
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 3.20 mean?
Willis Towers Watson (FRA:WTY) has a Cyclically Adjusted PS Ratio of 3.20 as of Jul. 16, 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 Willis Towers Watson and its competitors. This is near median its historical median of 3.16. Over the past decade, Willis Towers Watson's Cyclically Adjusted PS Ratio has ranged from 2.05 to 4.28. According to the industry distribution chart, Willis Towers Watson ranks #343 out of 410 companies in the Insurance industry, placing it in the top 83.7%.
Is Willis Towers Watson's Cyclically Adjusted PS Ratio too high?
Willis Towers Watson's current Cyclically Adjusted PS Ratio of 3.20 is near median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 4.28. The Insurance industry median Cyclically Adjusted PS Ratio is 1.23. Willis Towers Watson's value of 3.20 is 160.2% above this industry median. Based on the distribution chart, Willis Towers Watson ranks #343 out of 410 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Willis Towers Watson has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Willis Towers Watson's Cyclically Adjusted PS Ratio compare to BRO and ERIE?
According to the Insurance industry distribution chart, Willis Towers Watson ranks #343 out of 410 companies for Cyclically Adjusted PS Ratio. This places Willis Towers Watson in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.23. Willis Towers Watson's value of 3.20 is 160.2% above this benchmark. Historically, Willis Towers Watson's own Cyclically Adjusted PS Ratio has ranged from 2.05 to 4.28 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.23, Willis Towers Watson 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.23, based on 410 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. Willis Towers Watson's current Cyclically Adjusted PS Ratio of 3.20 is 160.2% 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 Willis Towers Watson and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Willis Towers Watson's current Cyclically Adjusted PS Ratio is 3.20, which is near median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willis Towers Watson stock overvalued right now?
Based on GuruFocus' analysis, Willis Towers Watson (FRA:WTY) is currently considered Modestly Undervalued. The stock's GF Value™ is €287.77, compared to a current price of €251.20 — trading 12.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.20, which is near median its 10-year median of 3.16 and 160.2% above the Insurance industry median of 1.23. Willis Towers Watson's overall GF Score™ is 77/100 with 1 warning sign 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 Willis Towers Watson (FRA:WTY), the current Cyclically Adjusted PS Ratio is 3.20 as of Jul. 16, 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 Willis Towers Watson (FRA:WTY) Overvalued in 2026?
Based on GuruFocus' analysis, Willis Towers Watson stock appears to be undervalued.
The current stock price of €251.20 is trading 12.7% below its estimated GF Value™ of €287.77.
GuruFocus considers Willis Towers Watson to be Modestly Undervalued.
Key valuation signals for FRA:WTY:
Cyclically Adjusted PS Ratio: 3.20 (near median its 10-year median of 3.16)
GF Value™: €287.77 vs. price of €251.20 (12.7% below fair value)
Industry Position: 160.2% above the Insurance median (#343 of 410)
No single metric tells the full story. See the FRA:WTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Willis Towers Watson PLC is an advisory, broking, and solutions company that provides data-driven, insight-led solutions in the areas of people, risk, and capital. The company's segments include Health, Wealth & Career (HWC) and Risk & Broking (R&B). The HWC segment provides an array of advice, broking, solutions and technology for employee benefit plans, institutional investors, compensation and career programs, and employee experience overall. It focuses on four key areas: Health, Wealth, Career and Benefits Delivery & Outsourcing. The R&B segment provides risk advice, insurance brokerage and consulting services to clients ranging from small businesses to multinational corporations. Its R&B segment includes two businesses: Corporate Risk & Broking and Insurance Consulting and Technology.
77GF Score
Get the complete analysis for FRA:WTY
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:WTY has been successfully added to your 
