FMC (MEX:FMC1) Cyclically Adjusted PS Ratio: 0.12 (As of Jul. 19, 2026) — 96% Below Median

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MEX:FMC1 FMC Corp MEX:FMC1
32 GF Score
Price MXN190.50
GF Value MXN1,623.99
Valuation Possible Value Trap
! 11 Warning Signs
View Full Analysis

What is FMC Cyclically Adjusted PS Ratio?

FMC MEX:FMC1 32 Cyclically Adjusted PS Ratio is 0.12 as of Jul. 19, 2026, which is 96% below its 10-year median of 3.13. GuruFocus rates MEX:FMC1 with a GF Score™ of 32/100 and a GF Value™ of MXN1,623.99 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 196 Agriculture companies, FMC ranks better than 83.16% on this metric.

As of today (2026-07-19), FMC's current share price is MXN190.50. FMC's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,536.11. FMC's Cyclically Adjusted PS Ratio for today is 0.12.

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

MEX:FMC1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 3.13   Max: 4.53
Current: 0.29

During the past years, FMC's highest Cyclically Adjusted PS Ratio was 4.53. The lowest was 0.28. And the median was 3.13.

MEX:FMC1's Cyclically Adjusted PS Ratio is ranked better than
83.16% of 196 companies
in the Agriculture industry
Industry Median: 0.925 vs MEX:FMC1: 0.29

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.

FMC's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN109.191. 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 MXN1,536.11 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FMC  (MEX:FMC1) 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.


FMC Cyclically Adjusted PS Ratio Related Terms


FMC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for FMC'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.

FMC Cyclically Adjusted PS Ratio Chart

FMC 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 3.62 3.72 1.79 1.33 0.37

FMC 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 1.14 1.12 0.91 0.37 0.45

MEX:FMC1 vs UAN, IPI, VRDR: Cyclically Adjusted PS Ratio Comparison

For the Agricultural Inputs subindustry, FMC'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.


FMC Cyclically Adjusted PS Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, FMC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:FMC1
32GF Score
FMC Corp MEX:FMC1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FMC 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=190.50/1536.11
=0.12

* 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.

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

For example, FMC'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)
=109.191/330.2130*330.2130
=109.191

Current CPI (Mar. 2026) = 330.2130.

FMC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 84.555 241.018 115.847
201609 90.262 241.428 123.456
201612 105.382 241.432 144.134
201703 83.076 243.801 112.521
201706 87.552 244.955 118.025
201709 86.263 246.819 115.409
201712 92.335 246.524 123.681
201803 147.828 249.554 195.608
201806 166.488 251.989 218.170
201809 126.696 252.439 165.730
201812 160.133 251.233 210.474
201903 173.588 254.202 225.494
201906 175.157 256.143 225.808
201909 152.160 256.759 195.690
201912 172.469 256.974 221.624
202003 224.656 258.115 287.408
202006 204.252 257.797 261.627
202009 183.181 260.280 232.399
202012 175.564 260.474 222.569
202103 187.533 264.877 233.791
202106 190.338 271.696 231.332
202109 190.331 274.310 229.120
202112 227.543 278.802 269.502
202203 212.047 287.504 243.547
202206 230.156 296.311 256.489
202209 218.316 296.808 242.887
202212 250.592 296.797 278.806
202303 192.110 301.836 210.171
202306 138.405 305.109 149.793
202309 136.545 307.789 146.493
202312 155.534 306.746 167.433
202403 121.647 312.332 128.611
202406 151.761 314.175 159.508
202409 167.209 315.301 175.117
202412 203.574 315.605 212.997
202503 129.441 319.799 133.656
202506 157.525 322.561 161.262
202509 79.445 324.800 80.769
202512 155.779 324.054 158.740
202603 109.191 330.213 109.191

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 0.12 mean?
FMC (MEX:FMC1) has a Cyclically Adjusted PS Ratio of 0.12 as of Jul. 19, 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 FMC and its competitors. This is 96% below median its historical median of 3.13. Over the past decade, FMC's Cyclically Adjusted PS Ratio has ranged from 0.28 to 4.53. According to the industry distribution chart, FMC ranks #33 out of 196 companies in the Agriculture industry, placing it in the top 16.8%.
Is FMC's Cyclically Adjusted PS Ratio too high?
FMC's current Cyclically Adjusted PS Ratio of 0.12 is 96% below median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 4.53. The Agriculture industry median Cyclically Adjusted PS Ratio is 0.93. FMC's value of 0.12 is 87% below this industry median. Based on the distribution chart, FMC ranks #33 out of 196 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, FMC has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FMC's Cyclically Adjusted PS Ratio compare to UAN and IPI?
According to the Agriculture industry distribution chart, FMC ranks #33 out of 196 companies for Cyclically Adjusted PS Ratio. This places FMC in the top 17% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.93. FMC's value of 0.12 is 87% below this benchmark. Historically, FMC's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 4.53 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 0.93, FMC 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 an Agriculture company?
The median Cyclically Adjusted PS Ratio among Agriculture companies is 0.93, based on 196 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. FMC's current Cyclically Adjusted PS Ratio of 0.12 is 87% 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 FMC and its competitors. For the Agriculture industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FMC's current Cyclically Adjusted PS Ratio is 0.12, which is 96% below median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FMC stock overvalued right now?
Based on GuruFocus' analysis, FMC (MEX:FMC1) is currently considered Possible Value Trap. The stock's GF Value™ is MXN1,623.99, compared to a current price of MXN190.50 — trading 88.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.12, which is 96% below median its 10-year median of 3.13 and 87% below the Agriculture industry median of 0.93. FMC's overall GF Score™ is 32/100 with 11 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 FMC (MEX:FMC1), the current Cyclically Adjusted PS Ratio is 0.12 as of Jul. 19, 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 FMC (MEX:FMC1) Overvalued in 2026?

Based on GuruFocus' analysis, FMC stock appears to be undervalued. The current stock price of MXN190.50 is trading 88.3% below its estimated GF Value™ of MXN1,623.99. GuruFocus considers FMC to be Possible Value Trap.

Key valuation signals for MEX:FMC1:

  • Cyclically Adjusted PS Ratio: 0.12 (96% below median its 10-year median of 3.13)
  • GF Value™: MXN1,623.99 vs. price of MXN190.50 (88.3% below fair value)
  • GF Score™: 32/100 with 11 warning signs
  • Industry Position: 87% below the Agriculture median (#33 of 196)

No single metric tells the full story. See the MEX:FMC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FMC Business Description

Address 2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
32GF Score

Get the complete analysis for MEX:FMC1

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

MXN190.50
Price
MXN1,623.99
GF Value