Raymond James Financial (MEX:RJF) Cyclically Adjusted PS Ratio: 2.71 (As of Jul. 18, 2026) — Near Median

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MEX:RJF Raymond James Financial Inc MEX:RJF
83 GF Score
Price MXN3,173.26
GF Value MXN3,203.79
! 4 Warning Signs
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What is Raymond James Financial Cyclically Adjusted PS Ratio?

Raymond James Financial MEX:RJF 83 Cyclically Adjusted PS Ratio is 2.71 as of Jul. 18, 2026, which is 2% above its 10-year median of 2.66. GuruFocus rates MEX:RJF with a GF Score™ of 83/100 and a GF Value™ of MXN3,203.79. The stock has 4 warning signs investors should review. Among 902 Asset Management companies, Raymond James Financial ranks better than 75.28% on this metric.

As of today (2026-07-18), Raymond James Financial's current share price is MXN3173.26. Raymond James Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN1,169.02. Raymond James Financial's Cyclically Adjusted PS Ratio for today is 2.71.

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

MEX:RJF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.66   Max: 3.73
Current: 3.16

During the past years, Raymond James Financial's highest Cyclically Adjusted PS Ratio was 3.73. The lowest was 1.43. And the median was 2.66.

MEX:RJF's Cyclically Adjusted PS Ratio is ranked better than
75.28% of 902 companies
in the Asset Management industry
Industry Median: 7.68 vs MEX:RJF: 3.16

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.

Raymond James Financial's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN343.635. 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 MXN1,169.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raymond James Financial  (MEX:RJF) 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.


Raymond James Financial Cyclically Adjusted PS Ratio Related Terms


Raymond James Financial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Raymond James Financial'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.

Raymond James Financial Cyclically Adjusted PS Ratio Chart

Raymond James Financial 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 2.88 2.65 2.43 2.70 3.43

Raymond James Financial 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 2.91 3.13 3.43 3.13 2.71

MEX:RJF vs NTRS, ARES, TROW: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, Raymond James Financial'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.


Raymond James Financial Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Raymond James Financial's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:RJF
83GF Score
Raymond James Financial Inc MEX:RJF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond James Financial 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.

Raymond James Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3173.26/1169.02
=2.71

* 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.

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

For example, Raymond James Financial'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)
=343.635/330.2130*330.2130
=343.635

Current CPI (Mar. 2026) = 330.2130.

Raymond James Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 114.229 241.018 156.502
201609 131.820 241.428 180.297
201612 139.027 241.432 190.151
201703 132.203 243.801 179.061
201706 131.433 244.955 177.179
201709 136.966 246.819 183.243
201712 150.441 246.524 201.512
201803 145.422 249.554 192.424
201806 159.055 251.989 208.430
201809 157.132 252.439 205.543
201812 169.468 251.233 222.744
201903 165.087 254.202 214.451
201906 169.705 256.143 218.779
201909 185.802 256.759 238.957
201912 176.204 256.974 226.423
202003 226.226 258.115 289.417
202006 199.912 257.797 256.068
202009 217.051 260.280 275.369
202012 208.221 260.474 263.970
202103 225.932 264.877 281.662
202106 229.149 271.696 278.502
202109 257.679 274.310 310.193
202112 264.924 278.802 313.776
202203 246.130 287.504 282.693
202206 249.959 296.311 278.558
202209 254.741 296.808 283.411
202212 243.435 296.797 270.843
202303 233.289 301.836 255.222
202306 228.825 305.109 247.652
202309 245.626 307.789 263.521
202312 236.036 306.746 254.093
202403 239.067 312.332 252.754
202406 274.413 314.175 288.421
202409 320.073 315.301 335.211
202412 347.329 315.605 363.405
202503 328.292 319.799 338.983
202506 306.215 322.561 313.479
202509 330.394 324.800 335.900
202512 328.287 324.054 334.526
202603 343.635 330.213 343.635

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 2.71 mean?
Raymond James Financial (MEX:RJF) has a Cyclically Adjusted PS Ratio of 2.71 as of Jul. 18, 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 Raymond James Financial and its competitors. This is near median its historical median of 2.66. Over the past decade, Raymond James Financial's Cyclically Adjusted PS Ratio has ranged from 1.43 to 3.73. According to the industry distribution chart, Raymond James Financial ranks #223 out of 902 companies in the Asset Management industry, placing it in the top 24.7%.
Is Raymond James Financial's Cyclically Adjusted PS Ratio too high?
Raymond James Financial's current Cyclically Adjusted PS Ratio of 2.71 is near median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.73. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.68. Raymond James Financial's value of 2.71 is 64.7% below this industry median. Based on the distribution chart, Raymond James Financial ranks #223 out of 902 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Raymond James Financial has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's Cyclically Adjusted PS Ratio compare to NTRS and ARES?
According to the Asset Management industry distribution chart, Raymond James Financial ranks #223 out of 902 companies for Cyclically Adjusted PS Ratio. This places Raymond James Financial in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 7.68. Raymond James Financial's value of 2.71 is 64.7% below this benchmark. Historically, Raymond James Financial's own Cyclically Adjusted PS Ratio has ranged from 1.43 to 3.73 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 7.68, Raymond James Financial 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 Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.68, based on 902 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. Raymond James Financial's current Cyclically Adjusted PS Ratio of 2.71 is 64.7% 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 Raymond James Financial and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Raymond James Financial's current Cyclically Adjusted PS Ratio is 2.71, which is near median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond James Financial stock overvalued right now?
Raymond James Financial (MEX:RJF) has a current Cyclically Adjusted PS Ratio of 2.71. The stock's GF Value™ is MXN3,203.79, compared to a current price of MXN3,173.26 — trading 1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.71, which is near median its 10-year median of 2.66 and 64.7% below the Asset Management industry median of 7.68. Raymond James Financial's overall GF Score™ is 83/100 with 4 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 Raymond James Financial (MEX:RJF), the current Cyclically Adjusted PS Ratio is 2.71 as of Jul. 18, 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 Raymond James Financial (MEX:RJF) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond James Financial stock appears to be undervalued. The current stock price of MXN3,173.26 is trading 1% below its estimated GF Value™ of MXN3,203.79.

Key valuation signals for MEX:RJF:

  • Cyclically Adjusted PS Ratio: 2.71 (near median its 10-year median of 2.66)
  • GF Value™: MXN3,203.79 vs. price of MXN3,173.26 (1% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 64.7% below the Asset Management median (#223 of 902)

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


Raymond James Financial Business Description

Address 880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
83GF Score

Get the complete analysis for MEX:RJF

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

MXN3,173.26
Price
MXN3,203.79
GF Value