IG Group Holdings (HAM:I5G) Cyclically Adjusted PS Ratio: (As of Aug. 03, 2026)

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HAM:I5G IG Group Holdings PLC HAM:I5G
74 GF Score
Price €18.42
GF Value €14.60
Valuation Modestly Overvalued
! 5 Warning Signs
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What is IG Group Holdings Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


IG Group Holdings  (HAM:I5G) 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.


IG Group Holdings Cyclically Adjusted PS Ratio Related Terms


IG Group Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IG Group Holdings'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.

IG Group Holdings Cyclically Adjusted PS Ratio Chart

IG Group Holdings Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 5.67 4.16 3.47 3.93

IG Group Holdings Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 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 0.00 3.93 0.00 5.06 0.00

HAM:I5G vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, IG Group Holdings'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.


IG Group Holdings Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


HAM:I5G
74GF Score
IG Group Holdings PLC HAM:I5G
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IG Group Holdings 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.

IG Group Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May24 is calculated as:

For example, IG Group Holdings's adjusted Revenue per Share data for the fiscal year that ended in May24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May24 (Change)*Current CPI (May24)
=2.54/132.7000*132.7000
=2.540

Current CPI (May24) = 132.7000.

IG Group Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201505 1.593 100.100 2.112
201605 1.699 100.800 2.237
201705 1.646 103.500 2.110
201805 1.819 105.900 2.279
201905 1.514 107.900 1.862
202005 2.002 108.600 2.446
202105 2.636 111.000 3.151
202205 2.688 119.700 2.980
202305 2.581 129.100 2.653
202405 2.540 132.700 2.540

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.

Is IG Group Holdings (HAM:I5G) Overvalued in 2026?

Based on GuruFocus' analysis, IG Group Holdings stock appears to be overvalued. The current stock price of €18.42 is trading 26.2% above its estimated GF Value™ of €14.60. GuruFocus considers IG Group Holdings to be Modestly Overvalued.

Key valuation signals for HAM:I5G:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €14.60 vs. price of €18.42 (26.2% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the HAM:I5G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IG Group Holdings Business Description

Address Cannon Bridge House, 25 Dowgate Hill, London, GBR, EC4R 2YA
IG Group Holdings PLC provides online trading services to its clients. The majority of the company's revenue stems from its derivative products and contracts for difference (CFDs). The company operates through various segments which are The U.K. segment which derives its revenue from financial spread bets, CFDs, binary options, and execution-only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The European segment derives its revenue from CFDs, binary options, and execution-only stockbroking. The Rest of the World segment derives its revenue from the operation of a regulated futures and options exchange as well as CFDs and binary options. The company generates more than half of its revenue from the U.K., followed by Europe and Australia.
74GF Score

Get the complete analysis for HAM:I5G

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

€18.42
Price
€14.60
GF Value