Markel Group (MEX:MKL) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:MKL Markel Group Inc MEX:MKL
78 GF Score
Price MXN32,270.00
GF Value MXN39,802.95
! 5 Warning Signs
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What is Markel Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group  (MEX:MKL) 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.


Markel Group Cyclically Adjusted PS Ratio Related Terms


Markel Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Markel 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.

Markel Group Cyclically Adjusted PS Ratio Chart

Markel 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 2.29 2.09 1.69 1.97 2.15

Markel Group 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 2.18 2.09 2.13 1.98 1.67

MEX:MKL vs L, WRB, CINF: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Property & Casualty subindustry, Markel 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.


Markel Group Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


MEX:MKL
78GF Score
Markel Group Inc MEX:MKL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Markel 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.

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

For example, Markel Group'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)
=7164.138/333.9520*333.9520
=7,164.138

Current CPI (Jun. 2026) = 333.9520.

Markel Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1,904.354 241.428 2,634.172
201612 2,011.589 241.432 2,782.457
201703 2,033.924 243.801 2,786.014
201706 1,957.946 244.955 2,669.307
201709 1,914.463 246.819 2,590.314
201712 2,254.172 246.524 3,053.598
201803 2,115.738 249.554 2,831.271
201806 2,766.022 251.989 3,665.710
201809 3,048.706 252.439 4,033.139
201812 1,483.643 251.233 1,972.136
201903 3,410.279 254.202 4,480.175
201906 3,360.016 256.143 4,380.694
201909 2,848.940 256.759 3,705.456
201912 3,583.686 256.974 4,657.199
202003 516.037 258.115 667.654
202006 5,276.811 257.797 6,835.617
202009 4,650.843 260.280 5,967.260
202012 4,974.796 260.474 6,378.153
202103 4,259.732 264.877 5,370.591
202106 5,060.110 271.696 6,219.576
202109 3,903.602 274.310 4,752.345
202112 5,681.284 278.802 6,805.102
202203 3,753.434 287.504 4,359.824
202206 2,640.084 296.311 2,975.459
202209 4,565.707 296.808 5,137.082
202212 6,124.693 296.797 6,891.422
202303 5,044.499 301.836 5,581.245
202306 5,467.149 305.109 5,983.977
202309 4,316.145 307.789 4,683.030
202312 6,137.273 306.746 6,681.602
202403 5,768.005 312.332 6,167.273
202406 4,879.532 314.175 5,186.694
202409 6,705.869 315.301 7,102.541
202412 5,971.027 315.605 6,318.139
202503 5,404.334 319.799 5,643.508
202506 7,059.972 322.561 7,309.290
202509 6,457.351 324.800 6,639.302
202512 6,134.974 324.054 6,322.362
202603 3,924.986 330.213 3,969.429
202606 7,164.138 333.952 7,164.138

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 Markel Group (MEX:MKL) Overvalued in 2026?

Based on GuruFocus' analysis, Markel Group stock appears to be undervalued. The current stock price of MXN32,270.00 is trading 18.9% below its estimated GF Value™ of MXN39,802.95.

Key valuation signals for MEX:MKL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN39,802.95 vs. price of MXN32,270.00 (18.9% below fair value)
  • GF Score™: 78/100 with 5 warning signs

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


Markel Group Business Description

Address 4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little over 10% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
78GF Score

Get the complete analysis for MEX:MKL

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

MXN32,270.00
Price
MXN39,802.95
GF Value