Plexus (MEX:PLXS) Cyclically Adjusted PS Ratio: 2.12 (As of Aug. 15, 2026) — 136% Above Median

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MEX:PLXS Plexus Corp MEX:PLXS
87 GF Score
Price MXN2,675.92
GF Value MXN1,627.01
! 2 Warning Signs
View Full Analysis

What is Plexus Cyclically Adjusted PS Ratio?

Plexus MEX:PLXS 87 Cyclically Adjusted PS Ratio is 2.12 as of Aug. 15, 2026, which is 136% above its 10-year median of 0.90. GuruFocus rates MEX:PLXS with a GF Score™ of 87/100 and a GF Value™ of MXN1,627.01. The stock has 2 warning signs investors should review. Among 1,976 Hardware companies, Plexus ranks worse than 57.89% on this metric.

As of today (2026-08-15), Plexus's current share price is MXN2675.92. Plexus's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN1,261.02. Plexus's Cyclically Adjusted PS Ratio for today is 2.12.

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

MEX:PLXS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.9   Max: 2.17
Current: 1.89

During the past years, Plexus's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 0.55. And the median was 0.90.

MEX:PLXS's Cyclically Adjusted PS Ratio is ranked worse than
57.89% of 1976 companies
in the Hardware industry
Industry Median: 1.39 vs MEX:PLXS: 1.89

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.

Plexus's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN834.142. 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 MXN1,261.02 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plexus  (MEX:PLXS) 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.


Plexus Cyclically Adjusted PS Ratio Related Terms


Plexus Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Plexus'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.

Plexus Cyclically Adjusted PS Ratio Chart

Plexus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.83 0.80 1.10 1.09

Plexus 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 1.04 1.09 1.10 1.47 2.12

MEX:PLXS vs RAL, VICR, BELFB: Cyclically Adjusted PS Ratio Comparison

For the Electronic Components subindustry, Plexus'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.


Plexus Cyclically Adjusted PS Ratio vs Hardware Industry

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

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


MEX:PLXS
87GF Score
Plexus Corp MEX:PLXS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plexus 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2675.92/1261.02
=2.12

* 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.

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

For example, Plexus'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)
=834.142/333.9520*333.9520
=834.142

Current CPI (Jun. 2026) = 333.9520.

Plexus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 368.541 241.428 509.779
201612 379.000 241.432 524.238
201703 327.914 243.801 449.168
201706 323.594 244.955 441.162
201709 352.801 246.819 477.348
201712 396.274 246.524 536.810
201803 369.117 249.554 493.951
201806 424.151 251.989 562.112
201809 403.200 252.439 533.394
201812 465.572 251.233 618.863
201903 487.686 254.202 640.686
201906 501.397 256.143 653.707
201909 532.523 256.759 692.623
201912 534.723 256.974 694.902
202003 601.275 258.115 777.936
202006 664.265 257.797 860.493
202009 675.713 260.280 866.973
202012 559.173 260.474 716.912
202103 614.335 264.877 774.542
202106 557.699 271.696 685.489
202109 602.581 274.310 733.597
202112 584.113 278.802 699.657
202203 622.484 287.504 723.050
202206 700.615 296.311 789.616
202209 795.993 296.808 895.607
202212 753.477 296.797 847.802
202303 684.842 301.836 757.711
202306 625.692 305.109 684.841
202309 638.163 307.789 692.409
202312 595.403 306.746 648.211
202403 574.561 312.332 614.333
202406 633.930 314.175 673.835
202409 741.913 315.301 785.799
202412 733.268 315.605 775.895
202503 724.912 319.799 756.994
202506 696.423 322.561 721.017
202509 707.178 324.800 727.104
202512 704.356 324.054 725.870
202603 768.425 330.213 777.126
202606 834.142 333.952 834.142

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 2.12 mean?
Plexus (MEX:PLXS) has a Cyclically Adjusted PS Ratio of 2.12 as of Aug. 15, 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 Plexus and its competitors. This is 136% above median its historical median of 0.90. Over the past decade, Plexus' Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.17. According to the industry distribution chart, Plexus ranks #1144 out of 1976 companies in the Hardware industry, placing it in the top 57.9%.
Is Plexus' Cyclically Adjusted PS Ratio too high?
Plexus' current Cyclically Adjusted PS Ratio of 2.12 is 136% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 2.17. The Hardware industry median Cyclically Adjusted PS Ratio is 1.39. Plexus' value of 2.12 is 52.5% above this industry median. Based on the distribution chart, Plexus ranks #1144 out of 1976 companies in the Hardware industry, which is below the industry midpoint. Overall, Plexus has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Plexus' Cyclically Adjusted PS Ratio compare to RAL and VICR?
According to the Hardware industry distribution chart, Plexus ranks #1144 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Plexus in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.39. Plexus' value of 2.12 is 52.5% above this benchmark. Historically, Plexus' own Cyclically Adjusted PS Ratio has ranged from 0.55 to 2.17 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.39, Plexus 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 1.39, based on 1,976 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. Plexus's current Cyclically Adjusted PS Ratio of 2.12 is 52.5% 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 Plexus and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plexus's current Cyclically Adjusted PS Ratio is 2.12, which is 136% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plexus stock overvalued right now?
Plexus (MEX:PLXS) has a current Cyclically Adjusted PS Ratio of 2.12. The stock's GF Value™ is MXN1,627.01, compared to a current price of MXN2,675.92 — trading 64.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.12, which is 136% above median its 10-year median of 0.90 and 52.5% above the Hardware industry median of 1.39. Plexus' overall GF Score™ is 87/100 with 2 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 Plexus (MEX:PLXS), the current Cyclically Adjusted PS Ratio is 2.12 as of Aug. 15, 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 Plexus (MEX:PLXS) Overvalued in 2026?

Based on GuruFocus' analysis, Plexus stock appears to be overvalued. The current stock price of MXN2,675.92 is trading 64.5% above its estimated GF Value™ of MXN1,627.01.

Key valuation signals for MEX:PLXS:

  • Cyclically Adjusted PS Ratio: 2.12 (136% above median its 10-year median of 0.90)
  • GF Value™: MXN1,627.01 vs. price of MXN2,675.92 (64.5% above fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 52.5% above the Hardware median (#1144 of 1976)

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


Plexus Business Description

Other Exchanges PLXS:USAPX4:Germany
Address One Plexus Way, P.O. Box 156, Neenah, WI, USA, 54956
Plexus Corp designs, manufactures, and services complex products in demanding regulatory environments, supporting life-saving medical devices, mission-critical aerospace and defense products, industrial automation systems, and semiconductor capital equipment. Its integrated lifecycle solutions span design and development, supply chain solutions, new product introduction, manufacturing, and sustaining services for market and disruptive companies in the Aerospace/Defense, Healthcare/Life Sciences, and Industrial sectors. The Company operates through three reportable segments: AMER, APAC, and EMEA, with the majority of revenue from the APAC segment.
87GF Score

Get the complete analysis for MEX:PLXS

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

MXN2,675.92
Price
MXN1,627.01
GF Value