Intercontinental Exchange (MEX:ICE) Cyclically Adjusted PS Ratio: 7.91 (As of Aug. 16, 2026) — 30% Below Median

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MEX:ICE Intercontinental Exchange Inc MEX:ICE
83 GF Score
Price MXN2,600.00
GF Value MXN3,021.46
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Intercontinental Exchange Cyclically Adjusted PS Ratio?

Intercontinental Exchange MEX:ICE 83 Cyclically Adjusted PS Ratio is 7.91 as of Aug. 16, 2026, which is 30% below its 10-year median of 11.33. GuruFocus rates MEX:ICE with a GF Score™ of 83/100 and a GF Value™ of MXN3,021.46 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 603 Capital Markets companies, Intercontinental Exchange ranks worse than 76.12% on this metric.

As of today (2026-08-16), Intercontinental Exchange's current share price is MXN2600.00. Intercontinental Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN328.53. Intercontinental Exchange's Cyclically Adjusted PS Ratio for today is 7.91.

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

MEX:ICE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.89   Med: 11.33   Max: 13.36
Current: 8.38

During the past years, Intercontinental Exchange's highest Cyclically Adjusted PS Ratio was 13.36. The lowest was 6.89. And the median was 11.33.

MEX:ICE's Cyclically Adjusted PS Ratio is ranked worse than
76.12% of 603 companies
in the Capital Markets industry
Industry Median: 3.53 vs MEX:ICE: 8.38

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.

Intercontinental Exchange's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN111.322. 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 MXN328.53 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intercontinental Exchange  (MEX:ICE) 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.


Intercontinental Exchange Cyclically Adjusted PS Ratio Related Terms


Intercontinental Exchange Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Intercontinental Exchange'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.

Intercontinental Exchange Cyclically Adjusted PS Ratio Chart

Intercontinental Exchange 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 12.62 8.02 8.91 9.39 9.33

Intercontinental Exchange Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.92 9.83 9.33 8.75 6.67

MEX:ICE vs MCO, CME, NDAQ: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange'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.


Intercontinental Exchange Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Intercontinental Exchange's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:ICE
83GF Score
Intercontinental Exchange Inc MEX:ICE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercontinental Exchange 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.

Intercontinental Exchange's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2600.00/328.53
=7.91

* 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.

Intercontinental Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=111.322/333.9520*333.9520
=111.322

Current CPI (Jun. 2026) = 333.9520.

Intercontinental Exchange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 45.632 241.428 63.120
201612 51.525 241.432 71.270
201703 46.239 243.801 63.337
201706 45.448 244.955 61.960
201709 43.991 246.819 59.521
201712 47.886 246.524 64.868
201803 48.984 249.554 65.550
201806 52.624 251.989 69.741
201809 47.509 252.439 62.850
201812 57.466 251.233 76.387
201903 53.872 254.202 70.773
201906 55.455 256.143 72.301
201909 58.314 256.759 75.846
201912 55.942 256.974 72.700
202003 89.356 258.115 115.610
202006 82.658 257.797 107.076
202009 77.379 260.280 99.281
202012 78.757 260.474 100.974
202103 87.878 264.877 110.795
202106 75.185 271.696 92.413
202109 82.720 274.310 100.705
202112 84.525 278.802 101.245
202203 86.811 287.504 100.836
202206 86.687 296.311 97.699
202209 85.740 296.808 96.470
202212 82.606 296.797 92.947
202303 79.426 301.836 87.877
202306 71.387 305.109 78.135
202309 74.886 307.789 81.252
202312 78.839 306.746 85.831
202403 80.845 312.332 86.441
202406 92.301 314.175 98.111
202409 103.502 315.301 109.624
202412 109.710 315.605 116.088
202503 114.488 319.799 119.555
202506 106.819 322.561 110.591
202509 96.099 324.800 98.807
202512 98.905 324.054 101.926
202603 115.979 330.213 117.292
202606 111.322 333.952 111.322

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 7.91 mean?
Intercontinental Exchange (MEX:ICE) has a Cyclically Adjusted PS Ratio of 7.91 as of Aug. 16, 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 Intercontinental Exchange and its competitors. This is 30% below median its historical median of 11.33. Over the past decade, Intercontinental Exchange's Cyclically Adjusted PS Ratio has ranged from 6.89 to 13.36. According to the industry distribution chart, Intercontinental Exchange ranks #459 out of 603 companies in the Capital Markets industry, placing it in the top 76.1%.
Is Intercontinental Exchange's Cyclically Adjusted PS Ratio too high?
Intercontinental Exchange's current Cyclically Adjusted PS Ratio of 7.91 is 30% below median its 10-year median of 11.33. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 13.36. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.53. Intercontinental Exchange's value of 7.91 is 124.1% above this industry median. Based on the distribution chart, Intercontinental Exchange ranks #459 out of 603 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Intercontinental Exchange has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intercontinental Exchange's Cyclically Adjusted PS Ratio compare to MCO and CME?
According to the Capital Markets industry distribution chart, Intercontinental Exchange ranks #459 out of 603 companies for Cyclically Adjusted PS Ratio. This places Intercontinental Exchange in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.53. Intercontinental Exchange's value of 7.91 is 124.1% above this benchmark. Historically, Intercontinental Exchange's own Cyclically Adjusted PS Ratio has ranged from 6.89 to 13.36 over the past decade. While the company's 10-year median is 11.33 vs. the industry median of 3.53, Intercontinental Exchange 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.53, based on 603 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. Intercontinental Exchange's current Cyclically Adjusted PS Ratio of 7.91 is 124.1% 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 Intercontinental Exchange and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intercontinental Exchange's current Cyclically Adjusted PS Ratio is 7.91, which is 30% below median its own 10-year median of 11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercontinental Exchange stock overvalued right now?
Based on GuruFocus' analysis, Intercontinental Exchange (MEX:ICE) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,021.46, compared to a current price of MXN2,600.00 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.91, which is 30% below median its 10-year median of 11.33 and 124.1% above the Capital Markets industry median of 3.53. Intercontinental Exchange's overall GF Score™ is 83/100 with 3 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 Intercontinental Exchange (MEX:ICE), the current Cyclically Adjusted PS Ratio is 7.91 as of Aug. 16, 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 Intercontinental Exchange (MEX:ICE) Overvalued in 2026?

Based on GuruFocus' analysis, Intercontinental Exchange stock appears to be undervalued. The current stock price of MXN2,600.00 is trading 13.9% below its estimated GF Value™ of MXN3,021.46. GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.

Key valuation signals for MEX:ICE:

  • Cyclically Adjusted PS Ratio: 7.91 (30% below median its 10-year median of 11.33)
  • GF Value™: MXN3,021.46 vs. price of MXN2,600.00 (13.9% below fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 124.1% above the Capital Markets median (#459 of 603)

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


Intercontinental Exchange Business Description

Address 5660 New Northside Drive, Atlanta, GA, USA, 30328
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data-services segment (24% of net revenue).
83GF Score

Get the complete analysis for MEX:ICE

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

MXN2,600.00
Price
MXN3,021.46
GF Value