London Stock Exchange Group (MEX:LSEN) Cyclically Adjusted PS Ratio: 7.02 (As of Jun. 24, 2026) — 42% Below Median


MEX:LSEN London Stock Exchange Group PLC MEX:LSEN
78 GF Score
Price MXN1,939.00
GF Value MXN2,536.64
Valuation Modestly Undervalued
! 5 Warning Signs
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What is London Stock Exchange Group Cyclically Adjusted PS Ratio?

London Stock Exchange Group MEX:LSEN 78 Cyclically Adjusted PS Ratio is 7.02 as of Jun. 24, 2026, which is 42% below its 10-year median of 12.08. GuruFocus rates MEX:LSEN with a GF Score™ of 78/100 and a GF Value™ of MXN2,536.64 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 601 Capital Markets companies, London Stock Exchange Group ranks worse than 71.88% on this metric.

As of today (2026-06-24), London Stock Exchange Group's current share price is MXN1939.00. London Stock Exchange Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was MXN276.19. London Stock Exchange Group's Cyclically Adjusted PS Ratio for today is 7.02.

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

MEX:LSEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.33   Med: 12.08   Max: 21.19
Current: 7.13

During the past 13 years, London Stock Exchange Group's highest Cyclically Adjusted PS Ratio was 21.19. The lowest was 6.33. And the median was 12.08.

MEX:LSEN's Cyclically Adjusted PS Ratio is ranked worse than
71.88% of 601 companies
in the Capital Markets industry
Industry Median: 3.36 vs MEX:LSEN: 7.13

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.

London Stock Exchange Group's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MXN427.469. 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 MXN276.19 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


London Stock Exchange Group  (MEX:LSEN) 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.


London Stock Exchange Group Cyclically Adjusted PS Ratio Related Terms


London Stock Exchange Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for London Stock Exchange Group'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.

London Stock Exchange Group Cyclically Adjusted PS Ratio Chart

London Stock Exchange Group 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 11.86 9.63 10.47 10.98 7.55

London Stock Exchange Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.47 0.00 10.98 0.00 7.55

MEX:LSEN vs SPGI, CME, ICE: Cyclically Adjusted PS Ratio Comparison

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


London Stock Exchange Group Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


MEX:LSEN
78GF Score
London Stock Exchange Group PLC MEX:LSEN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

London Stock Exchange Group 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.

London Stock Exchange Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1939.00/276.19
=7.02

* 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.

London Stock Exchange Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, London Stock Exchange Group's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=427.469/139.9000*139.9000
=427.469

Current CPI (Dec25) = 139.9000.

London Stock Exchange Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 118.573 102.200 162.313
201712 143.938 105.000 191.780
201812 149.901 107.100 195.809
201912 161.824 108.500 208.656
202012 153.244 109.400 195.967
202112 329.519 114.700 401.916
202212 328.340 125.300 366.598
202312 326.741 130.500 350.276
202412 436.546 135.100 452.056
202512 427.469 139.900 427.469

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 7.02 mean?
London Stock Exchange Group (MEX:LSEN) has a Cyclically Adjusted PS Ratio of 7.02 as of Jun. 24, 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 London Stock Exchange Group and its competitors. This is 42% below median its historical median of 12.08. Over the past decade, London Stock Exchange Group's Cyclically Adjusted PS Ratio has ranged from 6.33 to 21.19. According to the industry distribution chart, London Stock Exchange Group ranks #432 out of 601 companies in the Capital Markets industry, placing it in the top 71.9%.
Is London Stock Exchange Group's Cyclically Adjusted PS Ratio too high?
London Stock Exchange Group's current Cyclically Adjusted PS Ratio of 7.02 is 42% below median its 10-year median of 12.08. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 21.19. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.36. London Stock Exchange Group's value of 7.02 is 108.9% above this industry median. Based on the distribution chart, London Stock Exchange Group ranks #432 out of 601 companies in the Capital Markets industry, which is below the industry midpoint. Overall, London Stock Exchange Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London Stock Exchange Group's Cyclically Adjusted PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, London Stock Exchange Group ranks #432 out of 601 companies for Cyclically Adjusted PS Ratio. This places London Stock Exchange Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. London Stock Exchange Group's value of 7.02 is 108.9% above this benchmark. Historically, London Stock Exchange Group's own Cyclically Adjusted PS Ratio has ranged from 6.33 to 21.19 over the past decade. While the company's 10-year median is 12.08 vs. the industry median of 3.36, London Stock Exchange Group 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 3.36, based on 601 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. London Stock Exchange Group's current Cyclically Adjusted PS Ratio of 7.02 is 108.9% 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 London Stock Exchange Group and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London Stock Exchange Group's current Cyclically Adjusted PS Ratio is 7.02, which is 42% below median its own 10-year median of 12.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London Stock Exchange Group stock overvalued right now?
Based on GuruFocus' analysis, London Stock Exchange Group (MEX:LSEN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,536.64, compared to a current price of MXN1,939.00 — trading 23.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.02, which is 42% below median its 10-year median of 12.08 and 108.9% above the Capital Markets industry median of 3.36. London Stock Exchange Group's overall GF Score™ is 78/100 with 5 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 London Stock Exchange Group (MEX:LSEN), the current Cyclically Adjusted PS Ratio is 7.02 as of Jun. 24, 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 London Stock Exchange Group (MEX:LSEN) Overvalued in 2026?

Based on GuruFocus' analysis, London Stock Exchange Group stock appears to be undervalued. The current stock price of MXN1,939.00 is trading 23.6% below its estimated GF Value™ of MXN2,536.64. GuruFocus considers London Stock Exchange Group to be Modestly Undervalued.

Key valuation signals for MEX:LSEN:

  • Cyclically Adjusted PS Ratio: 7.02 (42% below median its 10-year median of 12.08)
  • GF Value™: MXN2,536.64 vs. price of MXN1,939.00 (23.6% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 108.9% above the Capital Markets median (#432 of 601)

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


London Stock Exchange Group Business Description

Address 10 Paternoster Square, London, GBR, EC4M 7LS
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index, and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two-thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed-income trading venues, as well as LCH, the largest clearinghouse for over-the-counter swaps globally.
78GF Score

Get the complete analysis for MEX:LSEN

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

MXN1,939.00
Price
MXN2,536.64
GF Value