Arthur J. Gallagher (MEX:AJG) Cyclically Adjusted PS Ratio: 4.57 (As of Sep. 07, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

MEX:AJG Arthur J. Gallagher & Co MEX:AJG
84 GF Score
Price MXN3,762.25
GF Value MXN4,870.06
! 5 Warning Signs
View Full Analysis

What is Arthur J. Gallagher Cyclically Adjusted PS Ratio?

Arthur J. Gallagher MEX:AJG 84 Cyclically Adjusted PS Ratio is 4.57 as of Sep. 07, 2026, which is 9% above its 10-year median of 4.19. GuruFocus rates MEX:AJG with a GF Score™ of 84/100 and a GF Value™ of MXN4,870.06. The stock has 5 warning signs investors should review. Among 408 Insurance companies, Arthur J. Gallagher ranks worse than 94.61% on this metric.

As of today (2026-09-07), Arthur J. Gallagher's current share price is MXN3762.25. Arthur J. Gallagher's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN823.35. Arthur J. Gallagher's Cyclically Adjusted PS Ratio for today is 4.57.

The historical rank and industry rank for Arthur J. Gallagher's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:AJG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.02   Med: 4.19   Max: 7.54
Current: 5.23

During the past years, Arthur J. Gallagher's highest Cyclically Adjusted PS Ratio was 7.54. The lowest was 2.02. And the median was 4.19.

MEX:AJG's Cyclically Adjusted PS Ratio is ranked worse than
94.61% of 408 companies
in the Insurance industry
Industry Median: 1.235 vs MEX:AJG: 5.23

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.

Arthur J. Gallagher's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN269.997. 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 MXN823.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arthur J. Gallagher  (MEX:AJG) 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.


Arthur J. Gallagher Cyclically Adjusted PS Ratio Related Terms


Arthur J. Gallagher Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Arthur J. Gallagher'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.

Arthur J. Gallagher Cyclically Adjusted PS Ratio Chart

Arthur J. Gallagher 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 4.68 4.71 5.26 6.28 5.45

Arthur J. Gallagher 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 6.84 6.55 5.45 4.40 4.57

MEX:AJG vs AON, MRSH, WTW: Cyclically Adjusted PS Ratio Comparison

For the Insurance Brokers subindustry, Arthur J. Gallagher'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.


Arthur J. Gallagher Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Arthur J. Gallagher's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:AJG
84GF Score
Arthur J. Gallagher & Co MEX:AJG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arthur J. Gallagher 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.

Arthur J. Gallagher's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3762.25/823.35
=4.57

* 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.

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

For example, Arthur J. Gallagher'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)
=269.997/333.9520*333.9520
=269.997

Current CPI (Jun. 2026) = 333.9520.

Arthur J. Gallagher Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 160.566 241.428 222.101
201612 169.393 241.432 234.307
201703 171.650 243.801 235.122
201706 148.261 244.955 202.127
201709 158.479 246.819 214.426
201712 162.165 246.524 219.676
201803 180.183 249.554 241.120
201806 175.235 251.989 232.233
201809 178.028 252.439 235.514
201812 173.315 251.233 230.379
201903 199.077 254.202 261.533
201906 167.587 256.143 218.495
201909 188.610 256.759 245.314
201912 168.165 256.974 218.540
202003 226.555 258.115 293.119
202006 188.248 257.797 243.858
202009 207.709 260.280 266.501
202012 173.511 260.474 222.457
202103 221.853 264.877 279.708
202106 186.960 271.696 229.800
202109 207.457 274.310 252.563
202112 191.126 278.802 228.933
202203 226.985 287.504 263.656
202206 191.529 296.311 215.859
202209 191.354 296.808 215.301
202212 183.420 296.797 206.382
202303 224.781 301.836 248.698
202306 191.158 305.109 209.229
202309 197.129 307.789 213.886
202312 186.963 306.746 203.545
202403 243.464 312.332 260.317
202406 228.110 314.175 242.469
202409 246.837 315.301 261.438
202412 244.903 315.605 259.140
202503 293.939 319.799 306.948
202506 232.979 322.561 241.206
202509 237.094 324.800 243.775
202512 251.166 324.054 258.838
202603 330.252 330.213 333.991
202606 269.997 333.952 269.997

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 4.57 mean?
Arthur J. Gallagher (MEX:AJG) has a Cyclically Adjusted PS Ratio of 4.57 as of Sep. 07, 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 Arthur J. Gallagher and its competitors. This is near median its historical median of 4.19. Over the past decade, Arthur J. Gallagher's Cyclically Adjusted PS Ratio has ranged from 2.02 to 7.54. According to the industry distribution chart, Arthur J. Gallagher ranks #386 out of 408 companies in the Insurance industry, placing it in the top 94.6%.
Is Arthur J. Gallagher's Cyclically Adjusted PS Ratio too high?
Arthur J. Gallagher's current Cyclically Adjusted PS Ratio of 4.57 is near median its 10-year median of 4.19. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 7.54. The Insurance industry median Cyclically Adjusted PS Ratio is 1.24. Arthur J. Gallagher's value of 4.57 is 270% above this industry median. Based on the distribution chart, Arthur J. Gallagher ranks #386 out of 408 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Arthur J. Gallagher has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Arthur J. Gallagher's Cyclically Adjusted PS Ratio compare to AON and MRSH?
According to the Insurance industry distribution chart, Arthur J. Gallagher ranks #386 out of 408 companies for Cyclically Adjusted PS Ratio. This places Arthur J. Gallagher in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.24. Arthur J. Gallagher's value of 4.57 is 270% above this benchmark. Historically, Arthur J. Gallagher's own Cyclically Adjusted PS Ratio has ranged from 2.02 to 7.54 over the past decade. While the company's 10-year median is 4.19 vs. the industry median of 1.24, Arthur J. Gallagher 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 1.24, based on 408 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. Arthur J. Gallagher's current Cyclically Adjusted PS Ratio of 4.57 is 270% 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 Arthur J. Gallagher and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arthur J. Gallagher's current Cyclically Adjusted PS Ratio is 4.57, which is near median its own 10-year median of 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arthur J. Gallagher stock overvalued right now?
Arthur J. Gallagher (MEX:AJG) has a current Cyclically Adjusted PS Ratio of 4.57. The stock's GF Value™ is MXN4,870.06, compared to a current price of MXN3,762.25 — trading 22.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.57, which is near median its 10-year median of 4.19 and 270% above the Insurance industry median of 1.24. Arthur J. Gallagher's overall GF Score™ is 84/100 with 5 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 Arthur J. Gallagher (MEX:AJG), the current Cyclically Adjusted PS Ratio is 4.57 as of Sep. 07, 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 Arthur J. Gallagher (MEX:AJG) Overvalued in 2026?

Based on GuruFocus' analysis, Arthur J. Gallagher stock appears to be undervalued. The current stock price of MXN3,762.25 is trading 22.7% below its estimated GF Value™ of MXN4,870.06.

Key valuation signals for MEX:AJG:

  • Cyclically Adjusted PS Ratio: 4.57 (near median its 10-year median of 4.19)
  • GF Value™: MXN4,870.06 vs. price of MXN3,762.25 (22.7% below fair value)
  • GF Score™: 84/100 with 5 warning signs
  • Industry Position: 270% above the Insurance median (#386 of 408)

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


Arthur J. Gallagher Business Description

Address 2850 Golf Road, Rolling Meadows, IL, USA, 60008-4050
Founded in 1927 as a one-person agency, Gallagher's primary business is insurance brokerage, with a focus on serving middle-market companies. The company's risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has about 72,000 employees and generates about a third of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK.
84GF Score

Get the complete analysis for MEX:AJG

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

MXN3,762.25
Price
MXN4,870.06
GF Value