MSA (MSAfety) Cyclically Adjusted PS Ratio: 4.12 (As of Aug. 13, 2026) — 13% Above Median

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MSA MSA Safety Inc MSA
92 GF Score
Price $189.52
GF Value $188.23
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is MSAfety Cyclically Adjusted PS Ratio?

MSAfety MSA -1.31% 92 Cyclically Adjusted PS Ratio is 4.12 as of Aug. 13, 2026, which is 13% above its 10-year median of 3.64. GuruFocus rates MSA with a GF Score™ of 92/100 and a GF Value™ of $188.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 717 Business Services companies, MSAfety ranks worse than 87.73% on this metric.

As of today (2026-08-13), MSAfety's current share price is $189.52. MSAfety's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $45.98. MSAfety's Cyclically Adjusted PS Ratio for today is 4.12.

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

MSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.64   Max: 5.04
Current: 4.18

During the past years, MSAfety's highest Cyclically Adjusted PS Ratio was 5.04. The lowest was 1.75. And the median was 3.64.

MSA's Cyclically Adjusted PS Ratio is ranked worse than
87.73% of 717 companies
in the Business Services industry
Industry Median: 0.87 vs MSA: 4.18

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.

MSAfety's adjusted revenue per share data for the three months ended in Jun. 2026 was $13.007. 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 $45.98 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSAfety  (NYSE:MSA) 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.


MSAfety Cyclically Adjusted PS Ratio Related Terms


MSAfety Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MSAfety'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.

MSAfety Cyclically Adjusted PS Ratio Chart

MSAfety 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 4.15 3.72 4.15 3.91 3.62

MSAfety 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 3.84 3.89 3.62 3.62 3.80

MSA vs ADT, BCO, BRC: Cyclically Adjusted PS Ratio Comparison

For the Security & Protection Services subindustry, MSAfety'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.


MSAfety Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, MSAfety's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MSA
92GF Score
MSA Safety Inc MSA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSAfety 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=189.52/45.98
=4.12

* 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.

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

For example, MSAfety'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)
=13.007/333.9520*333.9520
=13.007

Current CPI (Jun. 2026) = 333.9520.

MSAfety Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 7.300 241.428 10.098
201612 7.745 241.432 10.713
201703 6.886 243.801 9.432
201706 7.446 244.955 10.151
201709 7.652 246.819 10.353
201712 8.941 246.524 12.112
201803 8.404 249.554 11.246
201806 8.722 251.989 11.559
201809 8.482 252.439 11.221
201812 9.252 251.233 12.298
201903 8.342 254.202 10.959
201906 8.929 256.143 11.641
201909 8.975 256.759 11.673
201912 9.537 256.974 12.394
202003 8.669 258.115 11.216
202006 8.022 257.797 10.392
202009 7.753 260.280 9.947
202012 9.870 260.474 12.654
202103 7.824 264.877 9.864
202106 8.658 271.696 10.642
202109 8.628 274.310 10.504
202112 10.380 278.802 12.433
202203 8.367 287.504 9.719
202206 9.445 296.311 10.645
202209 9.713 296.808 10.929
202212 11.254 296.797 12.663
202303 10.154 301.836 11.234
202306 11.350 305.109 12.423
202309 11.324 307.789 12.287
202312 12.356 306.746 13.452
202403 10.449 312.332 11.172
202406 11.696 314.175 12.432
202409 10.955 315.301 11.603
202412 12.635 315.605 13.370
202503 10.667 319.799 11.139
202506 12.046 322.561 12.471
202509 11.926 324.800 12.262
202512 13.019 324.054 13.417
202603 11.892 330.213 12.027
202606 13.007 333.952 13.007

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 4.12 mean?
MSAfety (MSA) has a Cyclically Adjusted PS Ratio of 4.12 as of Aug. 13, 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 MSAfety and its competitors. This is 13% above median its historical median of 3.64. Over the past decade, MSAfety's Cyclically Adjusted PS Ratio has ranged from 1.75 to 5.04. According to the industry distribution chart, MSAfety ranks #629 out of 717 companies in the Business Services industry, placing it in the top 87.7%.
Is MSAfety's Cyclically Adjusted PS Ratio too high?
MSAfety's current Cyclically Adjusted PS Ratio of 4.12 is 13% above median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 5.04. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. MSAfety's value of 4.12 is 373.6% above this industry median. Based on the distribution chart, MSAfety ranks #629 out of 717 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, MSAfety has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MSAfety's Cyclically Adjusted PS Ratio compare to ADT and BCO?
According to the Business Services industry distribution chart, MSAfety ranks #629 out of 717 companies for Cyclically Adjusted PS Ratio. This places MSAfety in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. MSAfety's value of 4.12 is 373.6% above this benchmark. Historically, MSAfety's own Cyclically Adjusted PS Ratio has ranged from 1.75 to 5.04 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 0.87, MSAfety 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 717 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. MSAfety's current Cyclically Adjusted PS Ratio of 4.12 is 373.6% 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 MSAfety and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSAfety's current Cyclically Adjusted PS Ratio is 4.12, which is 13% above median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSAfety stock overvalued right now?
Based on GuruFocus' analysis, MSAfety (MSA) is currently considered Fairly Valued. The stock's GF Value™ is $188.23, compared to a current price of $189.52 — trading 0.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.12, which is 13% above median its 10-year median of 3.64 and 373.6% above the Business Services industry median of 0.87. MSAfety'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 MSAfety (MSA), the current Cyclically Adjusted PS Ratio is 4.12 as of Aug. 13, 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 MSAfety (MSA) Overvalued in 2026?

Based on GuruFocus' analysis, MSAfety stock appears to be overvalued. The current stock price of $189.52 is trading 0.7% above its estimated GF Value™ of $188.23. GuruFocus considers MSAfety to be Fairly Valued.

Key valuation signals for MSA:

  • Cyclically Adjusted PS Ratio: 4.12 (13% above median its 10-year median of 3.64)
  • GF Value™: $188.23 vs. price of $189.52 (0.7% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 373.6% above the Business Services median (#629 of 717)

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


MSAfety Business Description

Other Exchanges M07:Germany
Address 1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The company's product offerings include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems, among others. The end markets for its products include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. The company has organized its business into four geographical operating segments that are aggregated into two reportable segments: Americas and International. The majority of its revenue is generated from the Americas segment, which is comprised of the company's operations in Northern North America and Latin America geographies.
92GF Score

Get the complete analysis for MSA

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

$189.52
Price
$188.23
GF Value