CME Group (MEX:CME) Cyclically Adjusted PS Ratio: 13.41 (As of Jul. 12, 2026) — 14% Below Median


MEX:CME CME Group Inc MEX:CME
86 GF Score
Price MXN4,246.57
GF Value MXN4,796.41
Valuation Modestly Undervalued
! 3 Warning Signs
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What is CME Group Cyclically Adjusted PS Ratio?

CME Group MEX:CME 86 Cyclically Adjusted PS Ratio is 13.41 as of Jul. 12, 2026, which is 14% below its 10-year median of 15.62. GuruFocus rates MEX:CME with a GF Score™ of 86/100 and a GF Value™ of MXN4,796.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 601 Capital Markets companies, CME Group ranks worse than 87.85% on this metric.

As of today (2026-07-12), CME Group's current share price is MXN4246.57. CME Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN316.60. CME Group's Cyclically Adjusted PS Ratio for today is 13.41.

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

MEX:CME' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.42   Med: 15.62   Max: 20.54
Current: 14.44

During the past years, CME Group's highest Cyclically Adjusted PS Ratio was 20.54. The lowest was 10.42. And the median was 15.62.

MEX:CME's Cyclically Adjusted PS Ratio is ranked worse than
87.85% of 601 companies
in the Capital Markets industry
Industry Median: 3.29 vs MEX:CME: 14.44

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.

CME Group's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN93.344. 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 MXN316.60 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CME Group  (MEX:CME) 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.


CME Group Cyclically Adjusted PS Ratio Related Terms


CME Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for CME Group'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.

CME Group Cyclically Adjusted PS Ratio Chart

CME Group 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 18.30 12.40 14.60 15.16 16.86

CME Group 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 16.97 17.32 16.77 16.86 17.75

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

For the Financial Data & Stock Exchanges subindustry, CME Group'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.


CME Group Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


MEX:CME
86GF Score
CME Group Inc MEX:CME
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CME Group 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.

CME Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4246.57/316.60
=13.41

* 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.

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

For example, CME Group'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)
=93.344/330.2130*330.2130
=93.344

Current CPI (Mar. 2026) = 330.2130.

CME Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 49.490 241.018 67.805
201609 47.988 241.428 65.636
201612 55.461 241.432 75.855
201703 51.472 243.801 69.716
201706 49.153 244.955 66.261
201709 47.502 246.819 63.552
201712 51.901 246.524 69.520
201803 59.129 249.554 78.240
201806 61.080 251.989 80.041
201809 49.593 252.439 64.872
201812 68.935 251.233 90.606
201903 63.907 254.202 83.016
201906 68.259 256.143 87.998
201909 70.365 256.759 90.495
201912 59.914 256.974 76.990
202003 99.567 258.115 127.379
202006 76.132 257.797 97.518
202009 66.577 260.280 84.465
202012 60.932 260.474 77.246
202103 71.398 264.877 89.009
202106 65.405 271.696 79.492
202109 63.572 274.310 76.528
202112 65.553 278.802 77.641
202203 74.648 287.504 85.737
202206 69.292 296.311 77.220
202209 68.739 296.808 76.475
202212 65.572 296.797 72.955
202303 72.318 301.836 79.117
202306 64.878 305.109 70.216
202309 64.799 307.789 69.520
202312 67.929 306.746 73.126
202403 68.625 312.332 72.554
202406 78.016 314.175 81.999
202409 86.662 315.301 90.761
202412 88.345 315.605 92.434
202503 93.270 319.799 96.307
202506 88.410 322.561 90.507
202509 78.258 324.800 79.562
202512 82.404 324.054 83.970
202603 93.344 330.213 93.344

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 13.41 mean?
CME Group (MEX:CME) has a Cyclically Adjusted PS Ratio of 13.41 as of Jul. 12, 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 CME Group and its competitors. This is 14% below median its historical median of 15.62. Over the past decade, CME Group's Cyclically Adjusted PS Ratio has ranged from 10.42 to 20.54. According to the industry distribution chart, CME Group ranks #528 out of 601 companies in the Capital Markets industry, placing it in the top 87.9%.
Is CME Group's Cyclically Adjusted PS Ratio too high?
CME Group's current Cyclically Adjusted PS Ratio of 13.41 is 14% below median its 10-year median of 15.62. Over the past 10 years, this metric has ranged from a low of 10.42 to a high of 20.54. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.29. CME Group's value of 13.41 is 307.6% above this industry median. Based on the distribution chart, CME Group ranks #528 out of 601 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, CME Group has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CME Group's Cyclically Adjusted PS Ratio compare to MCO and ICE?
According to the Capital Markets industry distribution chart, CME Group ranks #528 out of 601 companies for Cyclically Adjusted PS Ratio. This places CME Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.29. CME Group's value of 13.41 is 307.6% above this benchmark. Historically, CME Group's own Cyclically Adjusted PS Ratio has ranged from 10.42 to 20.54 over the past decade. While the company's 10-year median is 15.62 vs. the industry median of 3.29, CME Group 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 3.29, based on 601 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. CME Group's current Cyclically Adjusted PS Ratio of 13.41 is 307.6% 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 CME Group and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CME Group's current Cyclically Adjusted PS Ratio is 13.41, which is 14% below median its own 10-year median of 15.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CME Group stock overvalued right now?
Based on GuruFocus' analysis, CME Group (MEX:CME) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,796.41, compared to a current price of MXN4,246.57 — trading 11.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 13.41, which is 14% below median its 10-year median of 15.62 and 307.6% above the Capital Markets industry median of 3.29. CME Group's overall GF Score™ is 86/100 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 CME Group (MEX:CME), the current Cyclically Adjusted PS Ratio is 13.41 as of Jul. 12, 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 CME Group (MEX:CME) Overvalued in 2026?

Based on GuruFocus' analysis, CME Group stock appears to be undervalued. The current stock price of MXN4,246.57 is trading 11.5% below its estimated GF Value™ of MXN4,796.41. GuruFocus considers CME Group to be Modestly Undervalued.

Key valuation signals for MEX:CME:

  • Cyclically Adjusted PS Ratio: 13.41 (14% below median its 10-year median of 15.62)
  • GF Value™: MXN4,796.41 vs. price of MXN4,246.57 (11.5% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 307.6% above the Capital Markets median (#528 of 601)

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


CME Group Business Description

Address 20 South Wacker Drive, Chicago, IL, USA, 60606
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The Chicago Mercantile Exchange was founded in 1898 and in 2002 completed its IPO. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indexes, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX, it also expanded into cash foreign exchange, fixed-income trading, and collateral optimization.
86GF Score

Get the complete analysis for MEX:CME

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

MXN4,246.57
Price
MXN4,796.41
GF Value