State Street (MEX:STT) Cyclically Adjusted PS Ratio: 4.11 (As of Jul. 09, 2026) — 52% Above Median


MEX:STT State Street Corp MEX:STT
59 GF Score
Price MXN3,040.00
GF Value MXN1,966.01
Valuation Significantly Overvalued
! 10 Warning Signs
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What is State Street Cyclically Adjusted PS Ratio?

State Street MEX:STT 59 Cyclically Adjusted PS Ratio is 4.11 as of Jul. 09, 2026, which is 52% above its 10-year median of 2.71. GuruFocus rates MEX:STT with a GF Score™ of 59/100 and a GF Value™ of MXN1,966.01 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 904 Asset Management companies, State Street ranks better than 69.47% on this metric.

As of today (2026-07-09), State Street's current share price is MXN3040.00. State Street's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN739.57. State Street's Cyclically Adjusted PS Ratio for today is 4.11.

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

MEX:STT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.76   Med: 2.71   Max: 4.52
Current: 4.27

During the past years, State Street's highest Cyclically Adjusted PS Ratio was 4.52. The lowest was 1.76. And the median was 2.71.

MEX:STT's Cyclically Adjusted PS Ratio is ranked better than
69.47% of 904 companies
in the Asset Management industry
Industry Median: 7.61 vs MEX:STT: 4.27

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.

State Street's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN241.988. 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 MXN739.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


State Street  (MEX:STT) 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.


State Street Cyclically Adjusted PS Ratio Related Terms


State Street Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for State Street'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.

State Street Cyclically Adjusted PS Ratio Chart

State Street 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 2.99 2.30 2.17 2.59 3.20

State Street 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 2.31 2.70 2.90 3.20 3.04

MEX:STT vs AMP, NTRS, RJF: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, State Street'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.


State Street Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


MEX:STT
59GF Score
State Street Corp MEX:STT
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

State Street 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.

State Street's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3040.00/739.57
=4.11

* 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.

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

For example, State Street'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)
=241.988/330.2130*330.2130
=241.988

Current CPI (Mar. 2026) = 330.2130.

State Street Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 119.303 241.018 163.454
201609 128.834 241.428 176.213
201612 134.048 241.432 183.341
201703 130.004 243.801 176.082
201706 133.346 244.955 179.758
201709 136.451 246.819 182.554
201712 153.867 246.524 206.101
201803 149.000 249.554 197.159
201806 162.486 251.989 212.926
201809 147.369 252.439 192.772
201812 154.691 251.233 203.321
201903 149.003 254.202 193.558
201906 146.161 256.143 188.427
201909 154.646 256.759 198.887
201912 157.244 256.974 202.059
202003 200.753 258.115 256.828
202006 190.207 257.797 243.637
202009 172.192 260.280 218.457
202012 161.802 260.474 205.123
202103 169.532 264.877 211.350
202106 168.157 271.696 204.374
202109 173.922 274.310 209.366
202112 168.485 278.802 199.554
202203 164.892 287.504 189.387
202206 159.647 296.311 177.913
202209 159.821 296.808 177.808
202212 167.819 296.797 186.714
202303 161.795 301.836 177.006
202306 159.853 305.109 173.006
202309 147.715 307.789 158.477
202312 166.493 306.746 179.230
202403 170.225 312.332 179.970
202406 191.818 314.175 201.610
202409 207.310 315.301 217.115
202412 240.099 315.605 251.212
202503 229.522 319.799 236.996
202506 224.856 322.561 230.190
202509 225.672 324.800 229.433
202512 231.869 324.054 236.276
202603 241.988 330.213 241.988

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 4.11 mean?
State Street (MEX:STT) has a Cyclically Adjusted PS Ratio of 4.11 as of Jul. 09, 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 State Street and its competitors. This is 52% above median its historical median of 2.71. Over the past decade, State Street's Cyclically Adjusted PS Ratio has ranged from 1.76 to 4.52. According to the industry distribution chart, State Street ranks #276 out of 904 companies in the Asset Management industry, placing it in the top 30.5%.
Is State Street's Cyclically Adjusted PS Ratio too high?
State Street's current Cyclically Adjusted PS Ratio of 4.11 is 52% above median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 1.76 to a high of 4.52. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.61. State Street's value of 4.11 is 46% below this industry median. Based on the distribution chart, State Street ranks #276 out of 904 companies in the Asset Management industry, which is above the industry midpoint. Overall, State Street has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does State Street's Cyclically Adjusted PS Ratio compare to AMP and NTRS?
According to the Asset Management industry distribution chart, State Street ranks #276 out of 904 companies for Cyclically Adjusted PS Ratio. This puts State Street in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.61. State Street's value of 4.11 is 46% below this benchmark. Historically, State Street's own Cyclically Adjusted PS Ratio has ranged from 1.76 to 4.52 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 7.61, State Street 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 7.61, based on 904 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. State Street's current Cyclically Adjusted PS Ratio of 4.11 is 46% 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 State Street and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Street's current Cyclically Adjusted PS Ratio is 4.11, which is 52% above median its own 10-year median of 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Street stock overvalued right now?
Based on GuruFocus' analysis, State Street (MEX:STT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,966.01, compared to a current price of MXN3,040.00 — trading 54.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.11, which is 52% above median its 10-year median of 2.71 and 46% below the Asset Management industry median of 7.61. State Street's overall GF Score™ is 59/100 with 10 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 State Street (MEX:STT), the current Cyclically Adjusted PS Ratio is 4.11 as of Jul. 09, 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 State Street (MEX:STT) Overvalued in 2026?

Based on GuruFocus' analysis, State Street stock appears to be overvalued. The current stock price of MXN3,040.00 is trading 54.6% above its estimated GF Value™ of MXN1,966.01. GuruFocus considers State Street to be Significantly Overvalued.

Key valuation signals for MEX:STT:

  • Cyclically Adjusted PS Ratio: 4.11 (52% above median its 10-year median of 2.71)
  • GF Value™: MXN1,966.01 vs. price of MXN3,040.00 (54.6% above fair value)
  • GF Score™: 59/100 with 10 warning signs
  • Industry Position: 46% below the Asset Management median (#276 of 904)

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


State Street Business Description

Address One Congress Street, Boston, MA, USA, 02114
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $54 trillion in assets under custody and administration, and $5.7 trillion in assets under management, as of Dec. 31, 2025, State Street operates globally in more than 100 geographic markets and employs about 51,500 worldwide.
59GF Score

Get the complete analysis for MEX:STT

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

MXN3,040.00
Price
MXN1,966.01
GF Value