Heico (MEX:HEICO) Cyclically Adjusted PS Ratio: (As of Aug. 12, 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.
Reviewed by: Charlie Tian Charlie Tian
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:HEICO Heico Corp MEX:HEICO
73 GF Score
Price MXN5,980.00
GF Value MXN6,066.52
Valuation Fairly Valued
! 4 Warning Signs
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What is Heico Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Heico  (MEX:HEICO) 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.


Heico Cyclically Adjusted PS Ratio Related Terms


Heico Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Heico'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.

Heico Cyclically Adjusted PS Ratio Chart

Heico Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.38 9.24 8.27 11.04 12.46

Heico Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 10.79 13.40 12.46 12.47 9.71

MEX:HEICO vs AXON, RKLB, CW: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Heico'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.


Heico Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:HEICO
73GF Score
Heico Corp MEX:HEICO
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Heico 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=170.819/333.0200*333.0200
=170.819

Current CPI (Apr. 2026) = 333.0200.

Heico Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 50.095 240.628 69.330
201610 51.071 241.729 70.358
201701 53.002 242.839 72.685
201704 51.564 244.524 70.226
201707 51.497 244.786 70.059
201710 59.157 246.663 79.868
201801 55.215 247.867 74.184
201804 59.178 250.546 78.658
201807 63.360 252.006 83.729
201810 70.468 252.885 92.798
201901 64.837 251.712 85.781
201904 71.385 255.548 93.026
201907 73.459 256.571 95.347
201910 75.470 257.346 97.662
202001 69.593 257.971 89.839
202004 81.869 256.389 106.338
202007 62.582 259.101 80.436
202010 65.975 260.388 84.378
202101 61.453 261.582 78.236
202104 68.294 267.054 85.164
202107 67.858 273.003 82.776
202110 75.916 276.589 91.405
202201 73.346 281.148 86.878
202204 79.567 289.109 91.652
202207 84.138 296.276 94.573
202210 87.379 298.012 97.644
202301 84.226 299.170 93.756
202304 89.268 303.363 97.995
202307 87.156 305.691 94.948
202310 120.952 307.671 130.917
202401 110.056 308.417 118.835
202404 116.401 313.548 123.630
202407 131.523 314.540 139.250
202410 144.486 315.664 152.430
202501 151.280 317.671 158.589
202504 152.973 320.795 158.803
202507 153.042 323.048 157.766
202510 159.024 0.000
202601 144.988 325.252 148.451
202604 170.819 333.020 170.819

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 Heico (MEX:HEICO) Overvalued in 2026?

Based on GuruFocus' analysis, Heico stock appears to be undervalued. The current stock price of MXN5,980.00 is trading 1.4% below its estimated GF Value™ of MXN6,066.52. GuruFocus considers Heico to be Fairly Valued.

Key valuation signals for MEX:HEICO:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN6,066.52 vs. price of MXN5,980.00 (1.4% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Heico Business Description

Address 3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential.
73GF Score

Get the complete analysis for MEX:HEICO

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

MXN5,980.00
Price
MXN6,066.52
GF Value