MTG (MGIC Investment) Cyclically Adjusted PS Ratio: (As of Jul. 31, 2026)

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Director of Data and Quant Analytics at GuruFocus
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MTG MGIC Investment Corp MTG
89 GF Score
Price $30.45
GF Value $28.35
Valuation Fairly Valued
! 7 Warning Signs
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What is MGIC Investment Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MGIC Investment  (NYSE:MTG) 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.


MGIC Investment Cyclically Adjusted PS Ratio Related Terms


MGIC Investment Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MGIC Investment'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.

MGIC Investment Cyclically Adjusted PS Ratio Chart

MGIC Investment 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 3.85 3.73 5.42 6.21 7.08

MGIC Investment 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 6.96 6.95 7.08 6.16 0.00

MTG vs ESNT, ACT, RYAN: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Specialty subindustry, MGIC Investment'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.


MGIC Investment Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, MGIC Investment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MTG
89GF Score
MGIC Investment Corp MTG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MGIC Investment 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.

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

For example, MGIC Investment'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)
=1.4/333.9520*333.9520
=1.400

Current CPI (Jun. 2026) = 333.9520.

MGIC Investment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.674 241.428 0.932
201612 0.575 241.432 0.795
201703 0.649 243.801 0.889
201706 0.668 244.955 0.911
201709 0.691 246.819 0.935
201712 0.694 246.524 0.940
201803 0.679 249.554 0.909
201806 0.725 251.989 0.961
201809 0.759 252.439 1.004
201812 0.750 251.233 0.997
201903 0.774 254.202 1.017
201906 0.776 256.143 1.012
201909 0.855 256.759 1.112
201912 0.842 256.974 1.094
202003 0.840 258.115 1.087
202006 0.865 257.797 1.121
202009 0.829 260.280 1.064
202012 0.849 260.474 1.088
202103 0.836 264.877 1.054
202106 0.835 271.696 1.026
202109 0.836 274.310 1.018
202112 0.868 278.802 1.040
202203 0.908 287.504 1.055
202206 0.935 296.311 1.054
202209 0.953 296.808 1.072
202212 0.975 296.797 1.097
202303 0.964 301.836 1.067
202306 1.004 305.109 1.099
202309 1.038 307.789 1.126
202312 1.018 306.746 1.108
202403 1.078 312.332 1.153
202406 1.144 314.175 1.216
202409 1.176 315.301 1.246
202412 1.181 315.605 1.250
202503 1.242 319.799 1.297
202506 1.278 322.561 1.323
202509 1.316 324.800 1.353
202512 1.329 324.054 1.370
202603 1.362 330.213 1.377
202606 1.400 333.952 1.400

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 MGIC Investment (MTG) Overvalued in 2026?

Based on GuruFocus' analysis, MGIC Investment stock appears to be overvalued. The current stock price of $30.45 is trading 7.4% above its estimated GF Value™ of $28.35. GuruFocus considers MGIC Investment to be Fairly Valued.

Key valuation signals for MTG:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $28.35 vs. price of $30.45 (7.4% above fair value)
  • GF Score™: 89/100 with 7 warning signs

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


MGIC Investment Business Description

Other Exchanges MTG:Mexico
Address 250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection account for close to the majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia, and New York.
89GF Score

Get the complete analysis for MTG

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

$30.45
Price
$28.35
GF Value