MSIF (MSCome Fund) Cyclically Adjusted PS Ratio: (As of Aug. 11, 2026)

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Director of Data and Quant Analytics at GuruFocus
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MSIF MSC Income Fund Inc MSIF
49 GF Score
Price $12.37
GF Value $16.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is MSCome Fund Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MSCome Fund  (NYSE:MSIF) 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.


MSCome Fund Cyclically Adjusted PS Ratio Related Terms


MSCome Fund Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MSCome Fund'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.

MSCome Fund Cyclically Adjusted PS Ratio Chart

MSCome Fund 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 0.00 0.00 0.00 8.82 8.05

MSCome Fund 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 0.00 0.00 8.05 0.00 0.00

MSIF vs TWN, ETO, EIM: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, MSCome Fund'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.


MSCome Fund Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


MSIF
49GF Score
MSC Income Fund Inc MSIF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MSCome Fund 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.

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

For example, MSCome Fund'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)
=0.736/333.9520*333.9520
=0.736

Current CPI (Jun. 2026) = 333.9520.

MSCome Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.584 241.428 0.808
201612 0.769 241.432 1.064
201703 0.323 243.801 0.442
201706 0.439 244.955 0.598
201709 0.260 246.819 0.352
201712 0.381 246.524 0.516
201803 0.415 249.554 0.555
201806 0.329 251.989 0.436
201809 0.548 252.439 0.725
201812 -0.250 251.233 -0.332
201903 0.499 254.202 0.656
201906 0.325 256.143 0.424
201909 0.170 256.759 0.221
201912 0.124 256.974 0.161
202003 -2.123 258.115 -2.747
202006 0.577 257.797 0.747
202009 1.027 260.280 1.318
202012 0.409 260.474 0.524
202103 0.412 264.877 0.519
202106 0.617 271.696 0.758
202109 0.455 274.310 0.554
202112 0.578 278.802 0.692
202203 0.447 287.504 0.519
202206 0.093 296.311 0.105
202209 0.427 296.808 0.480
202212 0.327 296.797 0.368
202303 0.360 301.836 0.398
202306 0.567 305.109 0.621
202309 0.364 307.789 0.395
202312 0.573 306.746 0.624
202403 0.317 312.332 0.339
202406 0.552 314.175 0.587
202409 0.280 315.301 0.297
202412 0.412 315.605 0.436
202503 0.352 319.799 0.368
202506 0.415 322.561 0.430
202509 0.628 324.800 0.646
202512 0.694 324.054 0.715
202603 0.317 330.213 0.321
202606 0.736 333.952 0.736

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 MSCome Fund (MSIF) Overvalued in 2026?

Based on GuruFocus' analysis, MSCome Fund stock appears to be undervalued. The current stock price of $12.37 is trading 22.8% below its estimated GF Value™ of $16.02. GuruFocus considers MSCome Fund to be Modestly Undervalued.

Key valuation signals for MSIF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $16.02 vs. price of $12.37 (22.8% below fair value)
  • GF Score™: 49/100 with 5 warning signs

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


MSCome Fund Business Description

Address 1300 Post Oak Boulevard, 8th Floor, Houston, TX, USA, 77056
MSC Income Fund Inc is a non-diversified closed-end management investment company. The investment objective is to generate current income through debt and equity investments and the secondary objective is to generate long-term capital appreciation through such investments. The company invests in senior secured term loans, second lien loans, and mezzanine debt and selected equity investments issued by lower middle-market and middle-market companies.
49GF Score

Get the complete analysis for MSIF

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

$12.37
Price
$16.02
GF Value