Tesla (MEX:TSLA) Cyclically Adjusted PS Ratio: 20.87 (As of Jul. 16, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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:TSLA Tesla Inc MEX:TSLA
81 GF Score
Price MXN6,860.01
GF Value MXN5,108.20
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Tesla Cyclically Adjusted PS Ratio?

Tesla MEX:TSLA -0.61% 81 Cyclically Adjusted PS Ratio is 20.87 as of Jul. 16, 2026, which is 4% below its 10-year median of 21.71. GuruFocus rates MEX:TSLA with a GF Score™ of 81/100 and a GF Value™ of MXN5,108.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,041 Vehicles & Parts companies, Tesla ranks worse than 99.52% on this metric.

As of today (2026-07-16), Tesla's current share price is MXN6860.01. Tesla's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN328.71. Tesla's Cyclically Adjusted PS Ratio for today is 20.87.

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

MEX:TSLA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.04   Med: 21.71   Max: 74.34
Current: 21.58

During the past years, Tesla's highest Cyclically Adjusted PS Ratio was 74.34. The lowest was 5.04. And the median was 21.71.

MEX:TSLA's Cyclically Adjusted PS Ratio is ranked worse than
99.52% of 1041 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs MEX:TSLA: 21.58

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.

Tesla's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN114.103. 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 MXN328.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesla  (MEX:TSLA) 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.


Tesla Cyclically Adjusted PS Ratio Related Terms


Tesla Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tesla'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.

Tesla Cyclically Adjusted PS Ratio Chart

Tesla 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 57.83 13.97 21.13 27.52 25.73

Tesla 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 16.88 19.79 26.32 25.73 20.25

MEX:TSLA vs GM, F, RIVN: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Tesla'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.


Tesla Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:TSLA
81GF Score
Tesla Inc MEX:TSLA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tesla 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6860.01/328.71
=20.87

* 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.

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

For example, Tesla'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)
=114.103/330.2130*330.2130
=114.103

Current CPI (Mar. 2026) = 330.2130.

Tesla Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 11.186 241.018 15.326
201609 18.879 241.428 25.822
201612 20.245 241.432 27.690
201703 20.876 243.801 28.275
201706 20.347 244.955 27.429
201709 21.585 246.819 28.878
201712 25.431 246.524 34.064
201803 24.408 249.554 32.297
201806 30.840 251.989 40.414
201809 47.806 252.439 62.535
201812 54.866 251.233 72.114
201903 33.945 254.202 44.095
201906 45.942 256.143 59.227
201909 44.987 256.759 57.857
201912 51.464 256.974 66.132
202003 47.061 258.115 60.206
202006 44.827 257.797 57.419
202009 58.450 260.280 74.155
202012 61.680 260.474 78.194
202103 62.478 264.877 77.889
202106 70.907 271.696 86.179
202109 83.963 274.310 101.074
202112 107.828 278.802 127.711
202203 107.561 287.504 123.539
202206 98.348 296.311 109.600
202209 124.437 296.808 138.442
202212 136.315 296.797 151.663
202303 121.253 301.836 132.653
202306 122.871 305.109 132.981
202309 116.442 307.789 124.925
202312 122.159 306.746 131.505
202403 101.469 312.332 107.278
202406 134.204 314.175 141.055
202409 141.790 315.301 148.496
202412 152.096 315.605 159.136
202503 112.343 319.799 116.001
202506 120.370 322.561 123.225
202509 146.166 324.800 148.602
202512 126.548 324.054 128.953
202603 114.103 330.213 114.103

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 20.87 mean?
Tesla (MEX:TSLA) has a Cyclically Adjusted PS Ratio of 20.87 as of Jul. 16, 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 Tesla and its competitors. This is near median its historical median of 21.71. Over the past decade, Tesla's Cyclically Adjusted PS Ratio has ranged from 5.04 to 74.34. According to the industry distribution chart, Tesla ranks #1036 out of 1041 companies in the Vehicles & Parts industry, placing it in the top 99.5%.
Is Tesla's Cyclically Adjusted PS Ratio too high?
Tesla's current Cyclically Adjusted PS Ratio of 20.87 is near median its 10-year median of 21.71. Over the past 10 years, this metric has ranged from a low of 5.04 to a high of 74.34. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Tesla's value of 20.87 is 2720.3% above this industry median. Based on the distribution chart, Tesla ranks #1036 out of 1041 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tesla has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tesla's Cyclically Adjusted PS Ratio compare to GM and F?
According to the Vehicles & Parts industry distribution chart, Tesla ranks #1036 out of 1041 companies for Cyclically Adjusted PS Ratio. This places Tesla in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.74. Tesla's value of 20.87 is 2720.3% above this benchmark. Historically, Tesla's own Cyclically Adjusted PS Ratio has ranged from 5.04 to 74.34 over the past decade. While the company's 10-year median is 21.71 vs. the industry median of 0.74, Tesla 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,041 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. Tesla's current Cyclically Adjusted PS Ratio of 20.87 is 2720.3% 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 Tesla and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tesla's current Cyclically Adjusted PS Ratio is 20.87, which is near median its own 10-year median of 21.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tesla stock overvalued right now?
Based on GuruFocus' analysis, Tesla (MEX:TSLA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN5,108.20, compared to a current price of MXN6,860.01 — trading 34.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 20.87, which is near median its 10-year median of 21.71 and 2720.3% above the Vehicles & Parts industry median of 0.74. Tesla's overall GF Score™ is 81/100 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 Tesla (MEX:TSLA), the current Cyclically Adjusted PS Ratio is 20.87 as of Jul. 16, 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 Tesla (MEX:TSLA) Overvalued in 2026?

Based on GuruFocus' analysis, Tesla stock appears to be overvalued. The current stock price of MXN6,860.01 is trading 34.3% above its estimated GF Value™ of MXN5,108.20. GuruFocus considers Tesla to be Significantly Overvalued.

Key valuation signals for MEX:TSLA:

  • Cyclically Adjusted PS Ratio: 20.87 (near median its 10-year median of 21.71)
  • GF Value™: MXN5,108.20 vs. price of MXN6,860.01 (34.3% above fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 2720.3% above the Vehicles & Parts median (#1036 of 1041)

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


Tesla Business Description

Address 1 Tesla Road, Austin, TX, USA, 78725
Tesla is a vertically integrated battery electric vehicle automaker and developer of real-world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include a midsize sedan and crossover SUV in the entry-level luxury category, a luxury light truck, and a semitruck. Tesla also runs a robotaxi service in four US metropolitan areas. Global deliveries in 2025 were nearly 1.64 million vehicles. Additionally, the company sells batteries for stationary storage for residential and commercial properties, including utilities, solar panels, and solar roofs for energy generation. Tesla also owns a fast-charging network and a US auto insurance business.
81GF Score

Get the complete analysis for MEX:TSLA

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

MXN6,860.01
Price
MXN5,108.20
GF Value