General Mills (MEX:GIS) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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.
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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:GIS General Mills Inc MEX:GIS
52 GF Score
Price MXN628.00
GF Value MXN1,034.39
Valuation Significantly Undervalued
! 5 Warning Signs
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What is General Mills Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


General Mills  (MEX:GIS) 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.


General Mills Cyclically Adjusted PS Ratio Related Terms


General Mills Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for General Mills'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.

General Mills Cyclically Adjusted PS Ratio Chart

General Mills Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 2.41 1.77 1.56 0.85

General Mills 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 1.54 1.31 1.26 1.13 0.83

MEX:GIS vs MKC, JBS, SJM: Cyclically Adjusted PS Ratio Comparison

For the Packaged Foods subindustry, General Mills'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.


General Mills Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:GIS
52GF Score
General Mills Inc MEX:GIS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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General Mills 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.

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

For example, General Mills'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)
=150.436/335.1230*335.1230
=150.436

Current CPI (May. 2026) = 335.1230.

General Mills Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 118.506 240.849 164.892
201611 133.046 241.353 184.737
201702 133.032 243.603 183.011
201705 122.281 244.733 167.444
201708 115.187 245.519 157.225
201711 133.955 246.669 181.990
201802 125.900 248.991 169.452
201805 123.759 251.588 164.851
201808 131.473 252.146 174.739
201811 142.150 252.038 189.010
201902 135.564 252.776 179.727
201905 130.499 256.092 170.772
201908 126.575 256.558 165.336
201911 140.241 257.208 182.724
202002 129.195 258.678 167.375
202005 190.279 256.394 248.707
202008 157.043 259.918 202.482
202011 161.001 260.229 207.337
202102 146.440 263.014 186.589
202105 148.386 269.195 184.727
202108 147.894 273.567 181.172
202111 167.646 277.948 202.131
202202 153.083 283.716 180.820
202205 162.022 292.296 185.761
202208 157.438 296.171 178.144
202211 172.083 297.711 193.708
202302 163.353 300.840 181.968
202305 152.191 304.127 167.702
202308 141.465 307.026 154.411
202311 154.818 307.051 168.972
202402 152.498 310.326 164.684
202405 138.854 314.069 148.162
202408 158.704 314.796 168.952
202411 185.834 315.493 197.397
202502 178.171 319.082 187.128
202505 164.742 321.465 171.741
202508 156.768 323.976 162.162
202511 166.915 324.122 172.580
202602 146.005 326.785 149.730
202605 150.436 335.123 150.436

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.

Is General Mills (MEX:GIS) Overvalued in 2026?

Based on GuruFocus' analysis, General Mills stock appears to be undervalued. The current stock price of MXN628.00 is trading 39.3% below its estimated GF Value™ of MXN1,034.39. GuruFocus considers General Mills to be Significantly Undervalued.

Key valuation signals for MEX:GIS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN1,034.39 vs. price of MXN628.00 (39.3% below fair value)
  • GF Score™: 52/100 with 5 warning signs

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


General Mills Business Description

Address Number One General Mills Boulevard, Minneapolis, MN, USA, 55426
General Mills is a global packaged-food company that produces snacks, cereal, convenient meals, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2025, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. Although most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.
52GF Score

Get the complete analysis for MEX:GIS

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

MXN628.00
Price
MXN1,034.39
GF Value