S&P Global (MEX:SPGI) Cyclically Adjusted PS Ratio: 10.36 (As of Aug. 25, 2026) — 13% Below Median

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MEX:SPGI S&P Global Inc MEX:SPGI
92 GF Score
Price MXN7,346.00
GF Value MXN9,277.64
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is S&P Global Cyclically Adjusted PS Ratio?

S&P Global MEX:SPGI +0.77% 92 Cyclically Adjusted PS Ratio is 10.36 as of Aug. 25, 2026, which is 13% below its 10-year median of 11.97. GuruFocus rates MEX:SPGI with a GF Score™ of 92/100 and a GF Value™ of MXN9,277.64 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 580 Capital Markets companies, S&P Global ranks worse than 80.34% on this metric.

As of today (2026-08-25), S&P Global's current share price is MXN7346.00. S&P Global's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN709.08. S&P Global's Cyclically Adjusted PS Ratio for today is 10.36.

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

MEX:SPGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.46   Med: 11.97   Max: 18.41
Current: 10.67

During the past years, S&P Global's highest Cyclically Adjusted PS Ratio was 18.41. The lowest was 5.46. And the median was 11.97.

MEX:SPGI's Cyclically Adjusted PS Ratio is ranked worse than
80.34% of 580 companies
in the Capital Markets industry
Industry Median: 3.635 vs MEX:SPGI: 10.67

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.

S&P Global's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN244.817. 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 MXN709.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


S&P Global  (MEX:SPGI) 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.


S&P Global Cyclically Adjusted PS Ratio Related Terms


S&P Global Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for S&P Global'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.

S&P Global Cyclically Adjusted PS Ratio Chart

S&P Global 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 17.20 10.84 13.06 13.48 12.91

S&P Global 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 13.52 12.19 12.91 10.13 9.44

MEX:SPGI vs CME, ICE, MCO: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, S&P Global'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.


S&P Global Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, S&P Global's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where S&P Global's Cyclically Adjusted PS Ratio falls into.


MEX:SPGI
92GF Score
S&P Global Inc MEX:SPGI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S&P Global 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.

S&P Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7346.00/709.08
=10.36

* 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.

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

For example, S&P Global'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)
=244.817/333.9520*333.9520
=244.817

Current CPI (Jun. 2026) = 333.9520.

S&P Global Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 104.877 241.428 145.070
201612 110.257 241.432 152.509
201703 104.902 243.801 143.692
201706 104.951 244.955 143.082
201709 106.467 246.819 144.052
201712 121.305 246.524 164.325
201803 111.905 249.554 149.751
201806 124.817 251.989 165.416
201809 114.075 252.439 150.910
201812 119.901 251.233 159.379
201903 122.732 254.202 161.236
201906 132.304 256.143 172.494
201909 135.271 256.759 175.939
201912 133.342 256.974 173.285
202003 172.125 258.115 222.697
202006 185.401 257.797 240.170
202009 168.791 260.280 216.567
202012 153.782 260.474 197.163
202103 170.567 264.877 215.048
202106 173.375 271.696 213.102
202109 177.546 274.310 216.149
202112 176.924 278.802 211.921
202203 172.158 287.504 199.971
202206 177.463 296.311 200.006
202209 173.917 296.808 195.682
202212 175.160 296.797 197.088
202303 176.836 301.836 195.652
202306 166.239 305.109 181.954
202309 168.930 307.789 183.290
202312 169.366 306.746 184.387
202403 184.514 312.332 197.286
202406 207.593 314.175 220.661
202409 225.980 315.301 239.347
202412 242.518 315.605 256.616
202503 251.123 319.799 262.237
202506 230.982 322.561 239.139
202509 234.227 324.800 240.827
202512 233.401 324.054 240.530
202603 252.737 330.213 255.599
202606 244.817 333.952 244.817

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 10.36 mean?
S&P Global (MEX:SPGI) has a Cyclically Adjusted PS Ratio of 10.36 as of Aug. 25, 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 S&P Global and its competitors. This is 13% below median its historical median of 11.97. Over the past decade, S&P Global's Cyclically Adjusted PS Ratio has ranged from 5.46 to 18.41. According to the industry distribution chart, S&P Global ranks #466 out of 580 companies in the Capital Markets industry, placing it in the top 80.3%.
Is S&P Global's Cyclically Adjusted PS Ratio too high?
S&P Global's current Cyclically Adjusted PS Ratio of 10.36 is 13% below median its 10-year median of 11.97. Over the past 10 years, this metric has ranged from a low of 5.46 to a high of 18.41. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.64. S&P Global's value of 10.36 is 185% above this industry median. Based on the distribution chart, S&P Global ranks #466 out of 580 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, S&P Global has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S&P Global's Cyclically Adjusted PS Ratio compare to CME and ICE?
According to the Capital Markets industry distribution chart, S&P Global ranks #466 out of 580 companies for Cyclically Adjusted PS Ratio. This places S&P Global in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.64. S&P Global's value of 10.36 is 185% above this benchmark. Historically, S&P Global's own Cyclically Adjusted PS Ratio has ranged from 5.46 to 18.41 over the past decade. While the company's 10-year median is 11.97 vs. the industry median of 3.64, S&P Global 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.64, based on 580 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. S&P Global's current Cyclically Adjusted PS Ratio of 10.36 is 185% 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 S&P Global and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S&P Global's current Cyclically Adjusted PS Ratio is 10.36, which is 13% below median its own 10-year median of 11.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S&P Global stock overvalued right now?
Based on GuruFocus' analysis, S&P Global (MEX:SPGI) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN9,277.64, compared to a current price of MXN7,346.00 — trading 20.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.36, which is 13% below median its 10-year median of 11.97 and 185% above the Capital Markets industry median of 3.64. S&P Global's overall GF Score™ is 92/100 with 3 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 S&P Global (MEX:SPGI), the current Cyclically Adjusted PS Ratio is 10.36 as of Aug. 25, 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 S&P Global (MEX:SPGI) Overvalued in 2026?

Based on GuruFocus' analysis, S&P Global stock appears to be undervalued. The current stock price of MXN7,346.00 is trading 20.8% below its estimated GF Value™ of MXN9,277.64. GuruFocus considers S&P Global to be Modestly Undervalued.

Key valuation signals for MEX:SPGI:

  • Cyclically Adjusted PS Ratio: 10.36 (13% below median its 10-year median of 11.97)
  • GF Value™: MXN9,277.64 vs. price of MXN7,346.00 (20.8% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 185% above the Capital Markets median (#466 of 580)

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


S&P Global Business Description

Address 55 Water Street, New York, NY, USA, 10041
S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include energy (formerly commodity insights, this segment includes Platts and other data), mobility (Carfax), and indexes. S&P plans to spin off mobility in 2026.
92GF Score

Get the complete analysis for MEX:SPGI

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

MXN7,346.00
Price
MXN9,277.64
GF Value