H&R Block (MEX:HRB) Cyclically Adjusted PS Ratio: 1.67 (As of Aug. 01, 2026) — 17% Below Median

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MEX:HRB H&R Block Inc MEX:HRB
75 GF Score
Price MXN687.11
GF Value MXN982.21
! 1 Warning Sign
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What is H&R Block Cyclically Adjusted PS Ratio?

H&R Block MEX:HRB 75 Cyclically Adjusted PS Ratio is 1.67 as of Aug. 01, 2026, which is 17% below its 10-year median of 2.02. GuruFocus rates MEX:HRB with a GF Score™ of 75/100 and a GF Value™ of MXN982.21. The stock has 1 warning sign investors should review. Among 61 Personal Services companies, H&R Block ranks worse than 72.13% on this metric.

As of today (2026-08-01), H&R Block's current share price is MXN687.11. H&R Block's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN410.80. H&R Block's Cyclically Adjusted PS Ratio for today is 1.67.

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

MEX:HRB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.92   Med: 2.02   Max: 3.28
Current: 1.85

During the past years, H&R Block's highest Cyclically Adjusted PS Ratio was 3.28. The lowest was 0.92. And the median was 2.02.

MEX:HRB's Cyclically Adjusted PS Ratio is ranked worse than
72.13% of 61 companies
in the Personal Services industry
Industry Median: 0.79 vs MEX:HRB: 1.85

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.

H&R Block's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN338.341. 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 MXN410.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


H&R Block  (MEX:HRB) 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.


H&R Block Cyclically Adjusted PS Ratio Related Terms


H&R Block Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for H&R Block'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.

H&R Block Cyclically Adjusted PS Ratio Chart

H&R Block Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 2.13 1.77 2.76 2.56

H&R Block Quarterly Data
Apr21 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 2.55 2.56 2.33 2.00 1.34

MEX:HRB vs FTDR, ANDG, BFAM: Cyclically Adjusted PS Ratio Comparison

For the Personal Services subindustry, H&R Block'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.


H&R Block Cyclically Adjusted PS Ratio vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, H&R Block's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where H&R Block's Cyclically Adjusted PS Ratio falls into.


MEX:HRB
75GF Score
H&R Block Inc MEX:HRB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H&R Block 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.

H&R Block's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=687.11/410.80
=1.67

* 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.

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

For example, H&R Block'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)
=338.341/330.2130*330.2130
=338.341

Current CPI (Mar. 2026) = 330.2130.

H&R Block Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201604 172.209 239.261 237.672
201607 10.652 240.628 14.618
201610 11.449 241.729 15.640
201701 45.295 242.839 61.592
201704 207.421 244.524 280.108
201707 11.835 244.786 15.965
201710 12.888 246.663 17.253
201801 43.501 247.867 57.953
201804 209.139 250.546 275.640
201807 13.002 252.006 17.037
201810 14.672 252.885 19.158
201901 43.418 251.712 56.959
201904 212.824 255.548 275.006
201907 14.135 256.571 18.192
201910 15.565 257.346 19.972
202001 50.536 257.971 64.688
202004 218.858 256.389 281.875
202007 68.834 259.101 87.726
202010 19.811 260.388 25.123
202101 34.034 261.582 42.963
202104 247.842 267.054 306.457
202109 22.239 274.310 26.771
202112 18.791 278.802 22.256
202203 247.878 287.504 284.701
202206 129.354 296.311 144.154
202209 22.729 296.808 25.287
202212 21.050 296.797 23.420
202303 242.593 301.836 265.400
202306 115.256 305.109 124.739
202309 21.888 307.789 23.483
202312 21.356 306.746 22.990
202403 256.182 312.332 270.848
202406 137.310 314.175 144.319
202409 27.424 315.301 28.721
202412 27.549 315.605 28.824
202503 344.238 319.799 355.448
202506 154.355 322.561 158.017
202509 28.420 324.800 28.894
202512 28.291 324.054 28.829
202603 338.341 330.213 338.341

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 1.67 mean?
H&R Block (MEX:HRB) has a Cyclically Adjusted PS Ratio of 1.67 as of Aug. 01, 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 H&R Block and its competitors. This is 17% below median its historical median of 2.02. Over the past decade, H&R Block's Cyclically Adjusted PS Ratio has ranged from 0.92 to 3.28. According to the industry distribution chart, H&R Block ranks #44 out of 61 companies in the Personal Services industry, placing it in the top 72.1%.
Is H&R Block's Cyclically Adjusted PS Ratio too high?
H&R Block's current Cyclically Adjusted PS Ratio of 1.67 is 17% below median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 3.28. The Personal Services industry median Cyclically Adjusted PS Ratio is 0.79. H&R Block's value of 1.67 is 111.4% above this industry median. Based on the distribution chart, H&R Block ranks #44 out of 61 companies in the Personal Services industry, which is below the industry midpoint. Overall, H&R Block has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does H&R Block's Cyclically Adjusted PS Ratio compare to FTDR and ANDG?
According to the Personal Services industry distribution chart, H&R Block ranks #44 out of 61 companies for Cyclically Adjusted PS Ratio. This places H&R Block in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.79. H&R Block's value of 1.67 is 111.4% above this benchmark. Historically, H&R Block's own Cyclically Adjusted PS Ratio has ranged from 0.92 to 3.28 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 0.79, H&R Block 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 Personal Services company?
The median Cyclically Adjusted PS Ratio among Personal Services companies is 0.79, based on 61 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. H&R Block's current Cyclically Adjusted PS Ratio of 1.67 is 111.4% 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 H&R Block and its competitors. For the Personal Services industry, the median Cyclically Adjusted PS Ratio is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H&R Block's current Cyclically Adjusted PS Ratio is 1.67, which is 17% below median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&R Block stock overvalued right now?
H&R Block (MEX:HRB) has a current Cyclically Adjusted PS Ratio of 1.67. The stock's GF Value™ is MXN982.21, compared to a current price of MXN687.11 — trading 30% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.67, which is 17% below median its 10-year median of 2.02 and 111.4% above the Personal Services industry median of 0.79. H&R Block's overall GF Score™ is 75/100 with 1 warning sign 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 H&R Block (MEX:HRB), the current Cyclically Adjusted PS Ratio is 1.67 as of Aug. 01, 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 H&R Block (MEX:HRB) Overvalued in 2026?

Based on GuruFocus' analysis, H&R Block stock appears to be undervalued. The current stock price of MXN687.11 is trading 30% below its estimated GF Value™ of MXN982.21.

Key valuation signals for MEX:HRB:

  • Cyclically Adjusted PS Ratio: 1.67 (17% below median its 10-year median of 2.02)
  • GF Value™: MXN982.21 vs. price of MXN687.11 (30% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 111.4% above the Personal Services median (#44 of 61)

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


H&R Block Business Description

Address One H&R Block Way, Kansas City, MO, USA, 64105
H&R Block Inc provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block's offices are located in the U.S. The company derives the majority of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively.
75GF Score

Get the complete analysis for MEX:HRB

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

MXN687.11
Price
MXN982.21
GF Value