MKS (MEX:MKSI) Cyclically Adjusted PS Ratio: 6.19 (As of Jul. 30, 2026) — 57% 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:MKSI MKS Inc MEX:MKSI
60 GF Score
Price MXN6,000.00
GF Value MXN2,957.96
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is MKS Cyclically Adjusted PS Ratio?

MKS MEX:MKSI 60 Cyclically Adjusted PS Ratio is 6.19 as of Jul. 30, 2026, which is 57% above its 10-year median of 3.95. GuruFocus rates MEX:MKSI with a GF Score™ of 60/100 and a GF Value™ of MXN2,957.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,975 Hardware companies, MKS ranks worse than 81.22% on this metric.

As of today (2026-07-30), MKS's current share price is MXN6000.00. MKS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN968.91. MKS's Cyclically Adjusted PS Ratio for today is 6.19.

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

MEX:MKSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 3.95   Max: 7.5
Current: 4.76

During the past years, MKS's highest Cyclically Adjusted PS Ratio was 7.50. The lowest was 1.24. And the median was 3.95.

MEX:MKSI's Cyclically Adjusted PS Ratio is ranked worse than
81.22% of 1975 companies
in the Hardware industry
Industry Median: 1.34 vs MEX:MKSI: 4.76

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.

MKS's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN273.407. 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 MXN968.91 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MKS  (MEX:MKSI) 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.


MKS Cyclically Adjusted PS Ratio Related Terms


MKS Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MKS'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.

MKS Cyclically Adjusted PS Ratio Chart

MKS 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 5.61 2.26 2.42 2.22 3.07

MKS 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 1.65 1.99 2.42 3.07 4.24

MEX:MKSI vs FTV, TDY, TRMB: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, MKS'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.


MKS Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, MKS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:MKSI
60GF Score
MKS Inc MEX:MKSI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MKS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6000.00/968.91
=6.19

* 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.

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

For example, MKS'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)
=273.407/330.2130*330.2130
=273.407

Current CPI (Mar. 2026) = 330.2130.

MKS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 112.001 241.018 153.450
201609 135.510 241.428 185.344
201612 153.208 241.432 209.547
201703 149.772 243.801 202.857
201706 158.000 244.955 212.993
201709 160.156 246.819 214.269
201712 181.974 246.524 243.750
201803 182.141 249.554 241.011
201806 203.747 251.989 266.995
201809 165.815 252.439 216.901
201812 165.958 251.233 218.130
201903 164.104 254.202 213.174
201906 165.280 256.143 213.075
201909 165.399 256.759 212.717
201912 170.530 256.974 219.132
202003 227.556 258.115 291.118
202006 227.190 257.797 291.008
202009 235.185 260.280 298.375
202012 237.481 260.474 301.064
202103 255.145 264.877 318.080
202106 268.034 271.696 325.762
202109 273.914 274.310 329.736
202112 281.377 278.802 333.263
202203 264.766 287.504 304.097
202206 275.811 296.311 307.368
202209 314.071 296.808 349.419
202212 316.956 296.797 352.642
202303 214.570 301.836 234.743
202306 257.415 305.109 278.595
202309 241.944 307.789 259.571
202312 226.662 306.746 244.002
202403 213.732 312.332 225.968
202406 240.740 314.175 253.029
202409 260.984 315.301 273.327
202412 286.881 315.605 300.159
202503 282.849 319.799 292.060
202506 271.822 322.561 278.270
202509 268.108 324.800 272.576
202512 273.528 324.054 278.727
202603 273.407 330.213 273.407

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 6.19 mean?
MKS (MEX:MKSI) has a Cyclically Adjusted PS Ratio of 6.19 as of Jul. 30, 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 MKS and its competitors. This is 57% above median its historical median of 3.95. Over the past decade, MKS's Cyclically Adjusted PS Ratio has ranged from 1.24 to 7.50. According to the industry distribution chart, MKS ranks #1604 out of 1975 companies in the Hardware industry, placing it in the top 81.2%.
Is MKS's Cyclically Adjusted PS Ratio too high?
MKS's current Cyclically Adjusted PS Ratio of 6.19 is 57% above median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 7.50. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. MKS's value of 6.19 is 361.9% above this industry median. Based on the distribution chart, MKS ranks #1604 out of 1975 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, MKS has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MKS's Cyclically Adjusted PS Ratio compare to FTV and TDY?
According to the Hardware industry distribution chart, MKS ranks #1604 out of 1975 companies for Cyclically Adjusted PS Ratio. This places MKS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. MKS's value of 6.19 is 361.9% above this benchmark. Historically, MKS's own Cyclically Adjusted PS Ratio has ranged from 1.24 to 7.50 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 1.34, MKS 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 Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,975 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. MKS's current Cyclically Adjusted PS Ratio of 6.19 is 361.9% 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 MKS and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MKS's current Cyclically Adjusted PS Ratio is 6.19, which is 57% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MKS stock overvalued right now?
Based on GuruFocus' analysis, MKS (MEX:MKSI) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,957.96, compared to a current price of MXN6,000.00 — trading 102.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.19, which is 57% above median its 10-year median of 3.95 and 361.9% above the Hardware industry median of 1.34. MKS's overall GF Score™ is 60/100 with 6 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 MKS (MEX:MKSI), the current Cyclically Adjusted PS Ratio is 6.19 as of Jul. 30, 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 MKS (MEX:MKSI) Overvalued in 2026?

Based on GuruFocus' analysis, MKS stock appears to be overvalued. The current stock price of MXN6,000.00 is trading 102.8% above its estimated GF Value™ of MXN2,957.96. GuruFocus considers MKS to be Significantly Overvalued.

Key valuation signals for MEX:MKSI:

  • Cyclically Adjusted PS Ratio: 6.19 (57% above median its 10-year median of 3.95)
  • GF Value™: MXN2,957.96 vs. price of MXN6,000.00 (102.8% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 361.9% above the Hardware median (#1604 of 1975)

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


MKS Business Description

Address 2 Tech Drive, Suite 201, Andover, MA, USA, 01810
MKS Inc delivers foundational technology solutions for leading edge semiconductor manufacturing, electronics and packaging, and specialty industrial applications. The company provides instruments, components, subsystems, systems, process control solutions, and specialty chemicals technology that improve process performance and optimize productivity. Its solutions address challenges of miniaturization and complexity in device manufacturing, enabling increased power, speed, and feature enhancement. MKS Inc operates through three divisions: Vacuum Solutions Division (VSD), Photonics Solutions Division (PSD), and Materials Solutions Division (MSD). The company operates in the United States, which generates maximum revenue, as well as China and other countries.
60GF Score

Get the complete analysis for MEX:MKSI

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

MXN6,000.00
Price
MXN2,957.96
GF Value