MCO (Moodys) Cyclically Adjusted PS Ratio: (As of Jul. 23, 2026)

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Director of Data and Quant Analytics at GuruFocus
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MCO Moodys Corp MCO
91 GF Score
Price $473.60
GF Value $541.71
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Moodys Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Moodys  (NYSE:MCO) 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.


Moodys Cyclically Adjusted PS Ratio Related Terms


Moodys Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Moodys'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.

Moodys Cyclically Adjusted PS Ratio Chart

Moodys 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 16.83 10.66 13.70 15.20 15.05

Moodys Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 15.30 14.20 15.05 12.40 0.00

MCO vs CME, ICE, NDAQ: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Moodys'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.


Moodys Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


MCO
91GF Score
Moodys Corp MCO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Moodys 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.

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

For example, Moodys's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.521/333.9520*333.9520
=12.521

Current CPI (Jun. 2026) = 333.9520.

Moodys Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.720 241.428 6.529
201612 4.866 241.432 6.731
201703 5.019 243.801 6.875
201706 5.163 244.955 7.039
201709 5.476 246.819 7.409
201712 5.992 246.524 8.117
201803 5.793 249.554 7.752
201806 6.045 251.989 8.011
201809 5.557 252.439 7.351
201812 5.455 251.233 7.251
201903 5.923 254.202 7.781
201906 6.346 256.143 8.274
201909 6.489 256.759 8.440
201912 6.455 256.974 8.389
202003 6.804 258.115 8.803
202006 7.593 257.797 9.836
202009 7.163 260.280 9.190
202012 6.815 260.474 8.737
202103 8.484 264.877 10.696
202106 8.265 271.696 10.159
202109 8.147 274.310 9.918
202112 8.204 278.802 9.827
202203 8.178 287.504 9.499
202206 7.469 296.311 8.418
202209 6.933 296.808 7.801
202212 7.007 296.797 7.884
202303 7.985 301.836 8.835
202306 8.115 305.109 8.882
202309 8.000 307.789 8.680
202312 8.057 306.746 8.772
202403 9.738 312.332 10.412
202406 9.929 314.175 10.554
202409 9.934 315.301 10.522
202412 9.197 315.605 9.732
202503 10.647 319.799 11.118
202506 10.533 322.561 10.905
202509 11.175 324.800 11.490
202512 10.553 324.054 10.875
202603 11.726 330.213 11.859
202606 12.521 333.952 12.521

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 Moodys (MCO) Overvalued in 2026?

Based on GuruFocus' analysis, Moodys stock appears to be undervalued. The current stock price of $473.60 is trading 12.6% below its estimated GF Value™ of $541.71. GuruFocus considers Moodys to be Modestly Undervalued.

Key valuation signals for MCO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $541.71 vs. price of $473.60 (12.6% below fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Moodys Business Description

Address 7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and often (depending on bond issuance levels) a majority of the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.
91GF Score

Get the complete analysis for MCO

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

$473.60
Price
$541.71
GF Value