Intercontinental Exchange (LTS:0JC3) Cyclically Adjusted PS Ratio: 7.81 (As of Jul. 18, 2026) — 31% Below Median

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LTS:0JC3 Intercontinental Exchange Inc LTS:0JC3
81 GF Score
Price $139.83
GF Value $163.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Intercontinental Exchange Cyclically Adjusted PS Ratio?

Intercontinental Exchange LTS:0JC3 -1.56% 81 Cyclically Adjusted PS Ratio is 7.81 as of Jul. 18, 2026, which is 31% below its 10-year median of 11.35. GuruFocus rates LTS:0JC3 with a GF Score™ of 81/100 and a GF Value™ of $163.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 603 Capital Markets companies, Intercontinental Exchange ranks worse than 74.13% on this metric.

As of today (2026-07-18), Intercontinental Exchange's current share price is $139.83. Intercontinental Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $17.90. Intercontinental Exchange's Cyclically Adjusted PS Ratio for today is 7.81.

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

LTS:0JC3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.89   Med: 11.35   Max: 13.36
Current: 7.77

During the past years, Intercontinental Exchange's highest Cyclically Adjusted PS Ratio was 13.36. The lowest was 6.89. And the median was 11.35.

LTS:0JC3's Cyclically Adjusted PS Ratio is ranked worse than
74.13% of 603 companies
in the Capital Markets industry
Industry Median: 3.36 vs LTS:0JC3: 7.77

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.

Intercontinental Exchange's adjusted revenue per share data for the three months ended in Mar. 2026 was $6.432. 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 $17.90 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intercontinental Exchange  (LTS:0JC3) 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.


Intercontinental Exchange Cyclically Adjusted PS Ratio Related Terms


Intercontinental Exchange Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Intercontinental Exchange'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.

Intercontinental Exchange Cyclically Adjusted PS Ratio Chart

Intercontinental Exchange 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 12.62 8.02 8.91 9.39 9.33

Intercontinental Exchange 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 10.55 10.92 9.83 9.33 8.75

LTS:0JC3 vs MCO, CME, NDAQ: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange'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.


Intercontinental Exchange Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


LTS:0JC3
81GF Score
Intercontinental Exchange Inc LTS:0JC3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercontinental Exchange 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.

Intercontinental Exchange's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=139.83/17.90
=7.81

* 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.

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

For example, Intercontinental Exchange'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)
=6.432/330.2130*330.2130
=6.432

Current CPI (Mar. 2026) = 330.2130.

Intercontinental Exchange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.511 241.018 3.440
201609 2.360 241.428 3.228
201612 2.499 241.432 3.418
201703 2.456 243.801 3.326
201706 2.514 244.955 3.389
201709 2.424 246.819 3.243
201712 2.438 246.524 3.266
201803 2.696 249.554 3.567
201806 2.678 251.989 3.509
201809 2.540 252.439 3.323
201812 2.927 251.233 3.847
201903 2.777 254.202 3.607
201906 2.887 256.143 3.722
201909 2.954 256.759 3.799
201912 2.966 256.974 3.811
202003 3.811 258.115 4.876
202006 3.581 257.797 4.587
202009 3.503 260.280 4.444
202012 3.959 260.474 5.019
202103 4.299 264.877 5.359
202106 3.777 271.696 4.590
202109 4.023 274.310 4.843
202112 4.120 278.802 4.880
202203 4.360 287.504 5.008
202206 4.309 296.311 4.802
202209 4.263 296.808 4.743
202212 4.237 296.797 4.714
202303 4.406 301.836 4.820
202306 4.164 305.109 4.507
202309 4.299 307.789 4.612
202312 4.645 306.746 5.000
202403 4.871 312.332 5.150
202406 5.038 314.175 5.295
202409 5.256 315.301 5.505
202412 5.260 315.605 5.503
202503 5.596 319.799 5.778
202506 5.673 322.561 5.808
202509 5.239 324.800 5.326
202512 5.493 324.054 5.597
202603 6.432 330.213 6.432

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 7.81 mean?
Intercontinental Exchange (LTS:0JC3) has a Cyclically Adjusted PS Ratio of 7.81 as of Jul. 18, 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 Intercontinental Exchange and its competitors. This is 31% below median its historical median of 11.35. Over the past decade, Intercontinental Exchange's Cyclically Adjusted PS Ratio has ranged from 6.89 to 13.36. According to the industry distribution chart, Intercontinental Exchange ranks #447 out of 603 companies in the Capital Markets industry, placing it in the top 74.1%.
Is Intercontinental Exchange's Cyclically Adjusted PS Ratio too high?
Intercontinental Exchange's current Cyclically Adjusted PS Ratio of 7.81 is 31% below median its 10-year median of 11.35. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 13.36. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.36. Intercontinental Exchange's value of 7.81 is 132.4% above this industry median. Based on the distribution chart, Intercontinental Exchange ranks #447 out of 603 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Intercontinental Exchange has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intercontinental Exchange's Cyclically Adjusted PS Ratio compare to MCO and CME?
According to the Capital Markets industry distribution chart, Intercontinental Exchange ranks #447 out of 603 companies for Cyclically Adjusted PS Ratio. This places Intercontinental Exchange in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. Intercontinental Exchange's value of 7.81 is 132.4% above this benchmark. Historically, Intercontinental Exchange's own Cyclically Adjusted PS Ratio has ranged from 6.89 to 13.36 over the past decade. While the company's 10-year median is 11.35 vs. the industry median of 3.36, Intercontinental Exchange 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. Intercontinental Exchange's current Cyclically Adjusted PS Ratio of 7.81 is 132.4% 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 Intercontinental Exchange 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. Intercontinental Exchange's current Cyclically Adjusted PS Ratio is 7.81, which is 31% below median its own 10-year median of 11.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercontinental Exchange stock overvalued right now?
Based on GuruFocus' analysis, Intercontinental Exchange (LTS:0JC3) is currently considered Modestly Undervalued. The stock's GF Value™ is $163.09, compared to a current price of $139.83 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.81, which is 31% below median its 10-year median of 11.35 and 132.4% above the Capital Markets industry median of 3.36. Intercontinental Exchange's overall GF Score™ is 81/100 with 3 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 Intercontinental Exchange (LTS:0JC3), the current Cyclically Adjusted PS Ratio is 7.81 as of Jul. 18, 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 Intercontinental Exchange (LTS:0JC3) Overvalued in 2026?

Based on GuruFocus' analysis, Intercontinental Exchange stock appears to be undervalued. The current stock price of $139.83 is trading 14.3% below its estimated GF Value™ of $163.09. GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.

Key valuation signals for LTS:0JC3:

  • Cyclically Adjusted PS Ratio: 7.81 (31% below median its 10-year median of 11.35)
  • GF Value™: $163.09 vs. price of $139.83 (14.3% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 132.4% above the Capital Markets median (#447 of 603)

No single metric tells the full story. See the LTS:0JC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Intercontinental Exchange Business Description

Address 5660 New Northside Drive, Atlanta, GA, USA, 30328
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data-services segment (24% of net revenue).
81GF Score

Get the complete analysis for LTS:0JC3

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

$139.83
Price
$163.09
GF Value