FedEx (MEX:FDX) Cyclically Adjusted PS Ratio: 0.85 (As of Jul. 14, 2026) — 15% Above Median

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MEX:FDX FedEx Corp MEX:FDX
61 GF Score
Price MXN5,449.25
GF Value MXN4,106.44
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is FedEx Cyclically Adjusted PS Ratio?

FedEx MEX:FDX 61 Cyclically Adjusted PS Ratio is 0.85 as of Jul. 14, 2026, which is 15% above its 10-year median of 0.74. GuruFocus rates MEX:FDX with a GF Score™ of 61/100 and a GF Value™ of MXN4,106.44 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 756 Transportation companies, FedEx ranks better than 52.12% on this metric.

As of today (2026-07-14), FedEx's current share price is MXN5449.25. FedEx's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was MXN6,401.20. FedEx's Cyclically Adjusted PS Ratio for today is 0.85.

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

MEX:FDX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.74   Max: 1.36
Current: 0.85

During the past years, FedEx's highest Cyclically Adjusted PS Ratio was 1.36. The lowest was 0.43. And the median was 0.74.

MEX:FDX's Cyclically Adjusted PS Ratio is ranked better than
52.12% of 756 companies
in the Transportation industry
Industry Median: 0.895 vs MEX:FDX: 0.85

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.

FedEx's adjusted revenue per share data for the three months ended in May. 2026 was MXN1,791.941. 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 MXN6,401.20 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FedEx  (MEX:FDX) 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.


FedEx Cyclically Adjusted PS Ratio Related Terms


FedEx Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FedEx'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.

FedEx Cyclically Adjusted PS Ratio Chart

FedEx Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.68 0.60 0.64 0.52

FedEx Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.52 0.54 0.63 0.87 0.90

MEX:FDX vs UPS, JBHT, FDXF: Cyclically Adjusted PS Ratio Comparison

For the Integrated Freight & Logistics subindustry, FedEx'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.


FedEx Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, FedEx's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:FDX
61GF Score
FedEx Corp MEX:FDX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FedEx 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.

FedEx's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5449.25/6401.20
=0.85

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=1791.941/335.1230*335.1230
=1,791.941

Current CPI (May. 2026) = 335.1230.

FedEx Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 1,027.446 240.849 1,429.613
201611 1,131.244 241.353 1,570.753
201702 1,106.651 243.603 1,522.412
201705 1,086.688 244.733 1,488.047
201708 1,000.351 245.519 1,365.437
201711 1,117.530 246.669 1,518.269
201802 1,140.506 248.991 1,535.035
201805 1,273.120 251.588 1,695.835
201808 1,217.950 252.146 1,618.757
201811 1,360.085 252.038 1,808.441
201902 1,245.999 252.776 1,651.909
201905 1,335.661 256.092 1,747.851
201908 1,305.760 256.558 1,705.619
201911 1,292.225 257.208 1,683.674
202002 1,316.865 258.678 1,706.027
202005 1,468.805 256.394 1,919.820
202008 1,607.390 259.918 2,072.474
202011 1,540.314 260.229 1,983.617
202102 1,667.822 263.014 2,125.079
202105 1,659.485 269.195 2,065.906
202108 1,629.846 273.567 1,996.582
202111 1,879.059 277.948 2,265.589
202202 1,820.179 283.716 2,149.980
202205 1,846.438 292.296 2,116.977
202208 1,781.828 296.171 2,016.172
202211 1,725.843 297.711 1,942.722
202302 1,607.472 300.840 1,790.656
202305 1,538.463 304.127 1,695.260
202308 1,440.933 307.026 1,572.798
202311 1,522.271 307.051 1,661.444
202402 1,483.227 310.326 1,601.746
202405 1,515.001 314.069 1,616.561
202408 1,723.307 314.796 1,834.584
202411 1,834.852 315.493 1,949.017
202502 1,879.516 319.082 1,974.004
202505 1,798.904 321.465 1,875.334
202508 1,762.743 323.976 1,823.393
202511 1,821.853 324.122 1,883.688
202602 1,725.982 326.785 1,770.021
202605 1,791.941 335.123 1,791.941

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 0.85 mean?
FedEx (MEX:FDX) has a Cyclically Adjusted PS Ratio of 0.85 as of Jul. 14, 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 FedEx and its competitors. This is 15% above median its historical median of 0.74. Over the past decade, FedEx's Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.36. According to the industry distribution chart, FedEx ranks #362 out of 756 companies in the Transportation industry, placing it in the top 47.9%.
Is FedEx's Cyclically Adjusted PS Ratio too high?
FedEx's current Cyclically Adjusted PS Ratio of 0.85 is 15% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 1.36. The Transportation industry median Cyclically Adjusted PS Ratio is 0.90. FedEx's value of 0.85 is 5% below this industry median. Based on the distribution chart, FedEx ranks #362 out of 756 companies in the Transportation industry, which is above the industry midpoint. Overall, FedEx has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FedEx's Cyclically Adjusted PS Ratio compare to UPS and JBHT?
According to the Transportation industry distribution chart, FedEx ranks #362 out of 756 companies for Cyclically Adjusted PS Ratio. This puts FedEx in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. FedEx's value of 0.85 is 5% below this benchmark. Historically, FedEx's own Cyclically Adjusted PS Ratio has ranged from 0.43 to 1.36 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.90, FedEx has consistently been below 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.90, based on 756 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. FedEx's current Cyclically Adjusted PS Ratio of 0.85 is 5% below 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 FedEx and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FedEx's current Cyclically Adjusted PS Ratio is 0.85, which is 15% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FedEx stock overvalued right now?
Based on GuruFocus' analysis, FedEx (MEX:FDX) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4,106.44, compared to a current price of MXN5,449.25 — trading 32.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.85, which is 15% above median its 10-year median of 0.74 and 5% below the Transportation industry median of 0.90. FedEx's overall GF Score™ is 61/100 with 6 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 FedEx (MEX:FDX), the current Cyclically Adjusted PS Ratio is 0.85 as of Jul. 14, 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 FedEx (MEX:FDX) Overvalued in 2026?

Based on GuruFocus' analysis, FedEx stock appears to be overvalued. The current stock price of MXN5,449.25 is trading 32.7% above its estimated GF Value™ of MXN4,106.44. GuruFocus considers FedEx to be Significantly Overvalued.

Key valuation signals for MEX:FDX:

  • Cyclically Adjusted PS Ratio: 0.85 (15% above median its 10-year median of 0.74)
  • GF Value™: MXN4,106.44 vs. price of MXN5,449.25 (32.7% above fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 5% below the Transportation median (#362 of 756)

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


FedEx Business Description

Address 942 South Shady Grove Road, Memphis, TN, USA, 38120
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. Following the June 2026 spinoff of FedEx Freight (less-than-truckload shipping), the firm's Federal Express segment—which houses the core package delivery operations—makes up more than 95% of total revenue (previously 87%). The remainder stems from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.
61GF Score

Get the complete analysis for MEX:FDX

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

MXN5,449.25
Price
MXN4,106.44
GF Value