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.
IG Group HoldingsIGGRF 73 Cyclically Adjusted PS Ratio is 10.47 as of Jul. 17, 2026, which is 101% above its 10-year median of 5.22. GuruFocus rates IGGRF with a GF Score™ of 73/100 and a GF Value™ of $13.75 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 603 Capital Markets companies, IG Group Holdings ranks worse than 76.29% on this metric.
The historical rank and industry rank for IG Group Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:
IGGRF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.19 Med: 5.22 Max: 9.58
Current: 8.77
During the past 13 years, IG Group Holdings's highest Cyclically Adjusted PS Ratio was 9.58. The lowest was 3.19. And the median was 5.22.
IGGRF's Cyclically Adjusted PS Ratio is ranked worse than 76.29% of 603
companies
in the Capital Markets industry
Industry Median: 3.36
vs IGGRF: 8.77
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.
IG Group Holdings's adjusted revenue per share data of for the fiscal year that ended in May24 was $2.746. 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 $2.32 for the trailing ten years ended in May24.
Shiller PE for Stocks: The True Measure of Stock Valuation
IG Group Holdings (OTCPK:IGGRF) 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
IGGRF 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.
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 PS Ratio for today is calculated as
* 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 10.47 mean?
IG Group Holdings (IGGRF) has a Cyclically Adjusted PS Ratio of 10.47 as of Jul. 17, 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 IG Group Holdings and its competitors. This is 101% above median its historical median of 5.22. Over the past decade, IG Group Holdings' Cyclically Adjusted PS Ratio has ranged from 3.19 to 9.58. According to the industry distribution chart, IG Group Holdings ranks #460 out of 603 companies in the Capital Markets industry, placing it in the top 76.3%.
Is IG Group Holdings' Cyclically Adjusted PS Ratio too high?
IG Group Holdings' current Cyclically Adjusted PS Ratio of 10.47 is 101% above median its 10-year median of 5.22. Over the past 10 years, this metric has ranged from a low of 3.19 to a high of 9.58. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.36. IG Group Holdings' value of 10.47 is 211.6% above this industry median. Based on the distribution chart, IG Group Holdings ranks #460 out of 603 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, IG Group Holdings has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IG Group Holdings' Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, IG Group Holdings ranks #460 out of 603 companies for Cyclically Adjusted PS Ratio. This places IG Group Holdings in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. IG Group Holdings' value of 10.47 is 211.6% above this benchmark. Historically, IG Group Holdings' own Cyclically Adjusted PS Ratio has ranged from 3.19 to 9.58 over the past decade. While the company's 10-year median is 5.22 vs. the industry median of 3.36, IG Group Holdings 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 3.36, based on 603 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. IG Group Holdings's current Cyclically Adjusted PS Ratio of 10.47 is 211.6% 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 IG Group Holdings and its competitors. For the Capital Markets 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. IG Group Holdings's current Cyclically Adjusted PS Ratio is 10.47, which is 101% above median its own 10-year median of 5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, IG Group Holdings (IGGRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.75, compared to a current price of $24.30 — trading 76.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.47, which is 101% above median its 10-year median of 5.22 and 211.6% above the Capital Markets industry median of 3.36. IG Group Holdings' overall GF Score™ is 73/100 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 IG Group Holdings (IGGRF), the current Cyclically Adjusted PS Ratio is 10.47 as of Jul. 17, 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 IG Group Holdings (IGGRF) Overvalued in 2026?
Based on GuruFocus' analysis, IG Group Holdings stock appears to be overvalued.
The current stock price of $24.30 is trading 76.7% above its estimated GF Value™ of $13.75.
GuruFocus considers IG Group Holdings to be Significantly Overvalued.
Key valuation signals for IGGRF:
Cyclically Adjusted PS Ratio: 10.47 (101% above median its 10-year median of 5.22)
GF Value™: $13.75 vs. price of $24.30 (76.7% above fair value)
Industry Position: 211.6% above the Capital Markets median (#460 of 603)
No single metric tells the full story. See the IGGRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
Get the complete analysis for IGGRF
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
IGGRF has been successfully added to your 
