Brown & Brown (MEX:BRO) Cyclically Adjusted PS Ratio: 5.35 (As of Aug. 10, 2026) — 20% Below Median

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Founder & CEO of GuruFocus
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MEX:BRO Brown & Brown Inc MEX:BRO
82 GF Score
Price MXN1,279.00
GF Value MXN1,905.77
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Brown & Brown Cyclically Adjusted PS Ratio?

Brown & Brown MEX:BRO 82 Cyclically Adjusted PS Ratio is 5.35 as of Aug. 10, 2026, which is 20% below its 10-year median of 6.67. GuruFocus rates MEX:BRO with a GF Score™ of 82/100 and a GF Value™ of MXN1,905.77 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 417 Insurance companies, Brown & Brown ranks worse than 94.24% on this metric.

As of today (2026-08-10), Brown & Brown's current share price is MXN1279.00. Brown & Brown's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN239.09. Brown & Brown's Cyclically Adjusted PS Ratio for today is 5.35.

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

MEX:BRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.92   Med: 6.67   Max: 10.71
Current: 5.16

During the past years, Brown & Brown's highest Cyclically Adjusted PS Ratio was 10.71. The lowest was 3.92. And the median was 6.67.

MEX:BRO's Cyclically Adjusted PS Ratio is ranked worse than
94.24% of 417 companies
in the Insurance industry
Industry Median: 1.22 vs MEX:BRO: 5.16

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.

Brown & Brown's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN86.409. 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 MXN239.09 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brown & Brown  (MEX:BRO) 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.


Brown & Brown Cyclically Adjusted PS Ratio Related Terms


Brown & Brown Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Brown & Brown'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.

Brown & Brown Cyclically Adjusted PS Ratio Chart

Brown & Brown 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 9.00 6.29 6.94 8.89 6.21

Brown & Brown 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 9.05 7.45 6.21 4.86 4.64

MEX:BRO vs WTW, ERIE, NP: Cyclically Adjusted PS Ratio Comparison

For the Insurance Brokers subindustry, Brown & Brown'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.


Brown & Brown Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:BRO
82GF Score
Brown & Brown Inc MEX:BRO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brown & Brown 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.

Brown & Brown's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1279.00/239.09
=5.35

* 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.

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

For example, Brown & Brown'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)
=86.409/333.9520*333.9520
=86.409

Current CPI (Jun. 2026) = 333.9520.

Brown & Brown Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 32.299 241.428 44.677
201612 32.247 241.432 44.604
201703 30.105 243.801 41.237
201706 30.195 244.955 41.165
201709 31.007 246.819 41.953
201712 33.650 246.524 45.584
201803 32.969 249.554 44.119
201806 33.620 251.989 44.555
201809 36.000 252.439 47.624
201812 36.213 251.233 48.136
201903 43.552 254.202 57.215
201906 40.107 256.143 52.290
201909 44.308 256.759 57.629
201912 39.588 256.974 51.447
202003 59.418 258.115 76.876
202006 50.323 257.797 65.189
202009 53.557 260.280 68.716
202012 45.932 260.474 58.889
202103 60.068 264.877 75.733
202106 52.184 271.696 64.141
202109 57.033 274.310 69.433
202112 54.392 278.802 65.151
202203 64.629 287.504 75.070
202206 60.650 296.311 68.354
202209 66.776 296.808 75.133
202212 62.193 296.797 69.979
202303 71.583 301.836 79.200
202306 63.432 305.109 69.428
202309 65.026 307.789 70.553
202312 60.769 306.746 66.159
202403 72.543 312.332 77.565
202406 74.705 314.175 79.408
202409 80.079 315.301 84.816
202412 84.295 315.605 89.195
202503 99.420 319.799 103.820
202506 80.265 322.561 83.099
202509 85.643 324.800 88.056
202512 83.674 324.054 86.230
202603 100.598 330.213 101.737
202606 86.409 333.952 86.409

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 5.35 mean?
Brown & Brown (MEX:BRO) has a Cyclically Adjusted PS Ratio of 5.35 as of Aug. 10, 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 Brown & Brown and its competitors. This is 20% below median its historical median of 6.67. Over the past decade, Brown & Brown's Cyclically Adjusted PS Ratio has ranged from 3.92 to 10.71. According to the industry distribution chart, Brown & Brown ranks #393 out of 417 companies in the Insurance industry, placing it in the top 94.2%.
Is Brown & Brown's Cyclically Adjusted PS Ratio too high?
Brown & Brown's current Cyclically Adjusted PS Ratio of 5.35 is 20% below median its 10-year median of 6.67. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 10.71. The Insurance industry median Cyclically Adjusted PS Ratio is 1.22. Brown & Brown's value of 5.35 is 338.5% above this industry median. Based on the distribution chart, Brown & Brown ranks #393 out of 417 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Brown & Brown has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Brown & Brown's Cyclically Adjusted PS Ratio compare to WTW and ERIE?
According to the Insurance industry distribution chart, Brown & Brown ranks #393 out of 417 companies for Cyclically Adjusted PS Ratio. This places Brown & Brown in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.22. Brown & Brown's value of 5.35 is 338.5% above this benchmark. Historically, Brown & Brown's own Cyclically Adjusted PS Ratio has ranged from 3.92 to 10.71 over the past decade. While the company's 10-year median is 6.67 vs. the industry median of 1.22, Brown & Brown 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 1.22, based on 417 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. Brown & Brown's current Cyclically Adjusted PS Ratio of 5.35 is 338.5% 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 Brown & Brown and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brown & Brown's current Cyclically Adjusted PS Ratio is 5.35, which is 20% below median its own 10-year median of 6.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brown & Brown stock overvalued right now?
Based on GuruFocus' analysis, Brown & Brown (MEX:BRO) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,905.77, compared to a current price of MXN1,279.00 — trading 32.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.35, which is 20% below median its 10-year median of 6.67 and 338.5% above the Insurance industry median of 1.22. Brown & Brown's overall GF Score™ is 82/100 with 4 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 Brown & Brown (MEX:BRO), the current Cyclically Adjusted PS Ratio is 5.35 as of Aug. 10, 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 Brown & Brown (MEX:BRO) Overvalued in 2026?

Based on GuruFocus' analysis, Brown & Brown stock appears to be undervalued. The current stock price of MXN1,279.00 is trading 32.9% below its estimated GF Value™ of MXN1,905.77. GuruFocus considers Brown & Brown to be Possible Value Trap.

Key valuation signals for MEX:BRO:

  • Cyclically Adjusted PS Ratio: 5.35 (20% below median its 10-year median of 6.67)
  • GF Value™: MXN1,905.77 vs. price of MXN1,279.00 (32.9% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 338.5% above the Insurance median (#393 of 417)

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


Brown & Brown Business Description

Address 300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is a diversified insurance agency, wholesale brokerage, insurance programs, and service. The company's business is divided into two reportable segments: (i) the Retail segment, and (ii) the Specialty Distribution segment. The Retail segment provides a broad range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers, as well as non-insurance warranty services and products through automobile and recreational vehicle dealer services businesses. The Specialty Distribution segment consists of wholesale brokerage and specialty businesses. Its geographic area is U.S, U.K and Others.
82GF Score

Get the complete analysis for MEX:BRO

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

MXN1,279.00
Price
MXN1,905.77
GF Value