U.S. Bancorp (MEX:USB) Cyclically Adjusted PS Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:USB U.S. Bancorp MEX:USB
62 GF Score
Price MXN1,111.20
GF Value MXN871.12
Valuation Modestly Overvalued
! 7 Warning Signs
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What is U.S. Bancorp Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


U.S. Bancorp  (MEX:USB) 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.


U.S. Bancorp Cyclically Adjusted PS Ratio Related Terms


U.S. Bancorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for U.S. Bancorp'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.

U.S. Bancorp Cyclically Adjusted PS Ratio Chart

U.S. Bancorp 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 3.92 2.81 2.62 2.77 2.96

U.S. Bancorp 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 2.54 2.69 2.96 2.82 0.00

MEX:USB vs PNC, NU, TFC: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, U.S. Bancorp'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.


U.S. Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, U.S. Bancorp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:USB
62GF Score
U.S. Bancorp MEX:USB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

U.S. Bancorp 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.

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

For example, U.S. Bancorp'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)
=86.246/333.9520*333.9520
=86.246

Current CPI (Jun. 2026) = 333.9520.

U.S. Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 60.147 241.428 83.198
201612 63.289 241.432 87.542
201703 57.992 243.801 79.436
201706 57.726 244.955 78.699
201709 59.657 246.819 80.717
201712 65.406 246.524 88.602
201803 59.645 249.554 79.817
201806 66.983 251.989 88.770
201809 64.935 252.439 85.903
201812 70.441 251.233 93.634
201903 67.077 254.202 88.121
201906 69.922 256.143 91.162
201909 73.751 256.759 95.924
201912 68.354 256.974 88.830
202003 88.729 258.115 114.799
202006 89.051 257.797 115.357
202009 87.059 260.280 111.701
202012 75.568 260.474 96.885
202103 74.039 264.877 93.347
202106 76.899 271.696 94.520
202109 81.250 274.310 98.916
202112 78.199 278.802 93.668
202203 74.619 287.504 86.674
202206 80.946 296.311 91.229
202209 85.225 296.808 95.890
202212 82.241 296.797 92.536
202303 84.019 301.836 92.959
202306 79.859 305.109 87.408
202309 78.717 307.789 85.408
202312 73.334 306.746 79.838
202403 71.165 312.332 76.091
202406 80.252 314.175 85.304
202409 86.191 315.301 91.289
202412 93.243 315.605 98.663
202503 90.855 319.799 94.876
202506 84.242 322.561 87.217
202509 86.007 324.800 88.430
202512 84.957 324.054 87.552
202603 84.191 330.213 85.144
202606 86.246 333.952 86.246

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.

Is U.S. Bancorp (MEX:USB) Overvalued in 2026?

Based on GuruFocus' analysis, U.S. Bancorp stock appears to be overvalued. The current stock price of MXN1,111.20 is trading 27.6% above its estimated GF Value™ of MXN871.12. GuruFocus considers U.S. Bancorp to be Modestly Overvalued.

Key valuation signals for MEX:USB:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN871.12 vs. price of MXN1,111.20 (27.6% above fair value)
  • GF Score™: 62/100 with 7 warning signs

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


U.S. Bancorp Business Description

Address 800 Nicollet Mall, Minneapolis, MN, USA, 55402
With assets of around $700 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in Midwestern and Western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, wealth, and capital market services.
62GF Score

Get the complete analysis for MEX:USB

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

MXN1,111.20
Price
MXN871.12
GF Value