Wells Fargo (MEX:WFC) Cyclically Adjusted PS Ratio: 3.53 (As of Jul. 14, 2026) — 30% Above Median

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MEX:WFC Wells Fargo & Co MEX:WFC
68 GF Score
Price MXN1,526.00
GF Value MXN1,324.44
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Wells Fargo Cyclically Adjusted PS Ratio?

Wells Fargo MEX:WFC -0.33% 68 Cyclically Adjusted PS Ratio is 3.53 as of Jul. 14, 2026, which is 30% above its 10-year median of 2.71. GuruFocus rates MEX:WFC with a GF Score™ of 68/100 and a GF Value™ of MXN1,324.44 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,306 Banks companies, Wells Fargo ranks worse than 56.28% on this metric.

As of today (2026-07-14), Wells Fargo's current share price is MXN1526.00. Wells Fargo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN431.94. Wells Fargo's Cyclically Adjusted PS Ratio for today is 3.53.

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

MEX:WFC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 2.71   Max: 4.08
Current: 3.65

During the past years, Wells Fargo's highest Cyclically Adjusted PS Ratio was 4.08. The lowest was 1.19. And the median was 2.71.

MEX:WFC's Cyclically Adjusted PS Ratio is ranked worse than
56.28% of 1306 companies
in the Banks industry
Industry Median: 3.345 vs MEX:WFC: 3.65

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.

Wells Fargo's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN124.043. 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 MXN431.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wells Fargo  (MEX:WFC) 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.


Wells Fargo Cyclically Adjusted PS Ratio Related Terms


Wells Fargo Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wells Fargo'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.

Wells Fargo Cyclically Adjusted PS Ratio Chart

Wells Fargo 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 2.46 2.00 2.28 3.12 3.97

Wells Fargo 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 3.14 3.46 3.58 3.97 3.31

MEX:WFC vs C, BAC, BNY: Cyclically Adjusted PS Ratio Comparison

For the Banks - Diversified subindustry, Wells Fargo'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.


Wells Fargo Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Wells Fargo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:WFC
68GF Score
Wells Fargo & Co MEX:WFC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wells Fargo 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.

Wells Fargo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1526.00/431.94
=3.53

* 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.

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

For example, Wells Fargo'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)
=124.043/330.2130*330.2130
=124.043

Current CPI (Mar. 2026) = 330.2130.

Wells Fargo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 79.396 241.018 108.779
201609 84.210 241.428 115.178
201612 89.940 241.432 123.013
201703 82.644 243.801 111.936
201706 79.782 244.955 107.551
201709 79.354 246.819 106.166
201712 87.256 246.524 116.877
201803 80.818 249.554 106.939
201806 86.433 251.989 113.264
201809 85.090 252.439 111.305
201812 87.673 251.233 115.235
201903 91.442 254.202 118.785
201906 92.237 256.143 118.910
201909 98.989 256.759 127.308
201912 96.365 256.974 123.830
202003 100.459 258.115 128.520
202006 102.808 257.797 131.687
202009 103.265 260.280 131.011
202012 87.513 260.474 110.944
202103 90.821 264.877 113.223
202106 97.085 271.696 117.995
202109 94.676 274.310 113.970
202112 111.397 278.802 131.939
202203 91.236 287.504 104.789
202206 89.750 296.311 100.019
202209 102.891 296.808 114.471
202212 101.913 296.797 113.387
202303 97.845 301.836 107.044
202306 94.503 305.109 102.279
202309 98.708 307.789 105.899
202312 95.055 306.746 102.327
202403 96.177 312.332 101.683
202406 108.721 314.175 114.271
202409 117.081 315.301 122.618
202412 126.491 315.605 132.346
202503 124.101 319.799 128.142
202506 118.548 322.561 121.360
202509 121.987 324.800 124.020
202512 121.387 324.054 123.694
202603 124.043 330.213 124.043

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 3.53 mean?
Wells Fargo (MEX:WFC) has a Cyclically Adjusted PS Ratio of 3.53 as of Jul. 14, 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 Wells Fargo and its competitors. This is 30% above median its historical median of 2.71. Over the past decade, Wells Fargo's Cyclically Adjusted PS Ratio has ranged from 1.19 to 4.08. According to the industry distribution chart, Wells Fargo ranks #735 out of 1306 companies in the Banks industry, placing it in the top 56.3%.
Is Wells Fargo's Cyclically Adjusted PS Ratio too high?
Wells Fargo's current Cyclically Adjusted PS Ratio of 3.53 is 30% above median its 10-year median of 2.71. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 4.08. The Banks industry median Cyclically Adjusted PS Ratio is 3.35. Wells Fargo's value of 3.53 is 5.5% above this industry median. Based on the distribution chart, Wells Fargo ranks #735 out of 1306 companies in the Banks industry, which is below the industry midpoint. Overall, Wells Fargo has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wells Fargo's Cyclically Adjusted PS Ratio compare to C and BAC?
According to the Banks industry distribution chart, Wells Fargo ranks #735 out of 1306 companies for Cyclically Adjusted PS Ratio. This places Wells Fargo in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.35. Wells Fargo's value of 3.53 is 5.5% above this benchmark. Historically, Wells Fargo's own Cyclically Adjusted PS Ratio has ranged from 1.19 to 4.08 over the past decade. While the company's 10-year median is 2.71 vs. the industry median of 3.35, Wells Fargo 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 Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.35, based on 1,306 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. Wells Fargo's current Cyclically Adjusted PS Ratio of 3.53 is 5.5% 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 Wells Fargo and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wells Fargo's current Cyclically Adjusted PS Ratio is 3.53, which is 30% 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 Wells Fargo stock overvalued right now?
Based on GuruFocus' analysis, Wells Fargo (MEX:WFC) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,324.44, compared to a current price of MXN1,526.00 — trading 15.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.53, which is 30% above median its 10-year median of 2.71 and 5.5% above the Banks industry median of 3.35. Wells Fargo's overall GF Score™ is 68/100 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 Wells Fargo (MEX:WFC), the current Cyclically Adjusted PS Ratio is 3.53 as of Jul. 14, 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 Wells Fargo (MEX:WFC) Overvalued in 2026?

Based on GuruFocus' analysis, Wells Fargo stock appears to be overvalued. The current stock price of MXN1,526.00 is trading 15.2% above its estimated GF Value™ of MXN1,324.44. GuruFocus considers Wells Fargo to be Modestly Overvalued.

Key valuation signals for MEX:WFC:

  • Cyclically Adjusted PS Ratio: 3.53 (30% above median its 10-year median of 2.71)
  • GF Value™: MXN1,324.44 vs. price of MXN1,526.00 (15.2% above fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 5.5% above the Banks median (#735 of 1306)

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


Wells Fargo Business Description

Address 333 Market Street, San Francisco, CA, USA, 94105
Wells Fargo is a premier, North American-focused banking titan that commands a $2.2 trillion balance sheet and the third-highest deposit market share in the United States. The bank uses a dense, expansive network of 4,093 branches to champion retail consumers and the middle market, where the firm has built a particularly strong reputation. Following the removal of its federal asset cap in 2025, the firm is set to deploy its legacy excess liquidity to expand each of its four segments: consumer & business lending, commercial banking, corporate & investment banking, and wealth & investment management.
68GF Score

Get the complete analysis for MEX:WFC

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

MXN1,526.00
Price
MXN1,324.44
GF Value