MetLife (MEX:MET) Cyclically Adjusted PS Ratio: 0.98 (As of Jul. 17, 2026) — 24% Above Median

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:MET MetLife Inc MEX:MET
69 GF Score
Price MXN1,605.32
GF Value MXN1,551.35
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is MetLife Cyclically Adjusted PS Ratio?

MetLife MEX:MET 69 Cyclically Adjusted PS Ratio is 0.98 as of Jul. 17, 2026, which is 24% above its 10-year median of 0.79. GuruFocus rates MEX:MET with a GF Score™ of 69/100 and a GF Value™ of MXN1,551.35 (Fairly Valued). The stock has 8 warning signs investors should review. Among 410 Insurance companies, MetLife ranks better than 59.76% on this metric.

As of today (2026-07-17), MetLife's current share price is MXN1605.32. MetLife's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,639.25. MetLife's Cyclically Adjusted PS Ratio for today is 0.98.

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

MEX:MET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.79   Max: 1.04
Current: 1

During the past years, MetLife's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.36. And the median was 0.79.

MEX:MET's Cyclically Adjusted PS Ratio is ranked better than
59.76% of 410 companies
in the Insurance industry
Industry Median: 1.225 vs MEX:MET: 1.00

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.

MetLife's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN511.967. 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 MXN1,639.25 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MetLife  (MEX:MET) 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.


MetLife Cyclically Adjusted PS Ratio Related Terms


MetLife Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MetLife'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.

MetLife Cyclically Adjusted PS Ratio Chart

MetLife 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 0.86 0.93 0.81 0.96 0.87

MetLife Quarterly Data
Jun21 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 0.93 0.91 0.93 0.87 0.76

MEX:MET vs AFL, PRU, UNM: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Life subindustry, MetLife'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.


MetLife Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, MetLife's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:MET
69GF Score
MetLife Inc MEX:MET
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MetLife 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.

MetLife's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1605.32/1639.25
=0.98

* 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.

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

For example, MetLife'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)
=511.967/330.2130*330.2130
=511.967

Current CPI (Mar. 2026) = 330.2130.

MetLife Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 254.183 241.018 348.250
201609 275.975 241.428 377.465
201612 238.986 241.432 326.868
201703 256.446 243.801 347.340
201706 256.131 244.955 345.279
201709 273.888 246.819 366.428
201712 292.928 246.524 392.370
201803 257.537 249.554 340.776
201806 406.598 251.989 532.817
201809 304.473 252.439 398.278
201812 311.889 251.233 409.937
201903 325.656 254.202 423.033
201906 346.986 256.143 447.325
201909 388.115 256.759 499.148
201912 347.357 256.974 446.356
202003 457.261 258.115 584.985
202006 370.967 257.797 475.173
202009 371.633 260.280 471.485
202012 410.179 260.474 520.000
202103 326.653 264.877 407.227
202106 428.240 271.696 520.473
202109 363.178 274.310 437.192
202112 400.012 278.802 473.774
202203 348.832 287.504 400.651
202206 369.633 296.311 411.924
202209 561.145 296.808 624.300
202212 383.898 296.797 427.121
202303 357.016 301.836 390.581
202306 383.956 305.109 415.547
202309 370.881 307.789 397.902
202312 439.832 306.746 473.480
202403 360.702 312.332 381.352
202406 448.352 314.175 471.239
202409 511.998 315.301 536.213
202412 556.790 315.605 582.561
202503 544.599 319.799 562.333
202506 479.126 322.561 490.492
202509 462.813 324.800 470.526
202512 633.299 324.054 645.336
202603 511.967 330.213 511.967

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 0.98 mean?
MetLife (MEX:MET) has a Cyclically Adjusted PS Ratio of 0.98 as of Jul. 17, 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 MetLife and its competitors. This is 24% above median its historical median of 0.79. Over the past decade, MetLife's Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.04. According to the industry distribution chart, MetLife ranks #165 out of 410 companies in the Insurance industry, placing it in the top 40.2%.
Is MetLife's Cyclically Adjusted PS Ratio too high?
MetLife's current Cyclically Adjusted PS Ratio of 0.98 is 24% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 1.04. The Insurance industry median Cyclically Adjusted PS Ratio is 1.23. MetLife's value of 0.98 is 20% below this industry median. Based on the distribution chart, MetLife ranks #165 out of 410 companies in the Insurance industry, which is above the industry midpoint. Overall, MetLife has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MetLife's Cyclically Adjusted PS Ratio compare to AFL and PRU?
According to the Insurance industry distribution chart, MetLife ranks #165 out of 410 companies for Cyclically Adjusted PS Ratio. This puts MetLife in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.23. MetLife's value of 0.98 is 20% below this benchmark. Historically, MetLife's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 1.04 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 1.23, MetLife has consistently been below 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.23, based on 410 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. MetLife's current Cyclically Adjusted PS Ratio of 0.98 is 20% below 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 MetLife and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetLife's current Cyclically Adjusted PS Ratio is 0.98, which is 24% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetLife stock overvalued right now?
Based on GuruFocus' analysis, MetLife (MEX:MET) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,551.35, compared to a current price of MXN1,605.32 — trading 3.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.98, which is 24% above median its 10-year median of 0.79 and 20% below the Insurance industry median of 1.23. MetLife's overall GF Score™ is 69/100 with 8 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 MetLife (MEX:MET), the current Cyclically Adjusted PS Ratio is 0.98 as of Jul. 17, 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 MetLife (MEX:MET) Overvalued in 2026?

Based on GuruFocus' analysis, MetLife stock appears to be overvalued. The current stock price of MXN1,605.32 is trading 3.5% above its estimated GF Value™ of MXN1,551.35. GuruFocus considers MetLife to be Fairly Valued.

Key valuation signals for MEX:MET:

  • Cyclically Adjusted PS Ratio: 0.98 (24% above median its 10-year median of 0.79)
  • GF Value™: MXN1,551.35 vs. price of MXN1,605.32 (3.5% above fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 20% below the Insurance median (#165 of 410)

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


MetLife Business Description

Address 200 Park Avenue, New York, NY, USA, 10166-0188
MetLife is one of the largest life insurers in the US by assets and provides a variety of life insurance and annuity products. It is organized into six segments: Group Benefits, Retirement and Income Solutions, Asia, Latin America, Europe/Middle East/Africa (EMEA), and MetLife Holdings (products in run-off). Group Benefits and RIS are US-based, contributing to around 48% of the firm's 2024 adjusted earnings. The Asia segment contributes around 25% of earnings, mainly tied to Japan. The company also holds leading market positions in Mexico and Chile, with the Latin America segment contributing around 13% of 2024 earnings. The EMEA and MetLife Holdings segments contributed around 4% and 10% of 2024 earnings, respectively.
69GF Score

Get the complete analysis for MEX:MET

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

MXN1,605.32
Price
MXN1,551.35
GF Value