MUSA (Murphy USA) Cyclically Adjusted PS Ratio: 0.71 (As of Aug. 14, 2026) — 22% Above Median

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MUSA Murphy USA Inc MUSA
71 GF Score
Price $569.50
GF Value $519.25
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Murphy USA Cyclically Adjusted PS Ratio?

Murphy USA MUSA +1.13% 71 Cyclically Adjusted PS Ratio is 0.71 as of Aug. 14, 2026, which is 22% above its 10-year median of 0.58. GuruFocus rates MUSA with a GF Score™ of 71/100 and a GF Value™ of $519.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 802 Retail - Cyclical companies, Murphy USA ranks worse than 57.98% on this metric.

As of today (2026-08-14), Murphy USA's current share price is $569.50. Murphy USA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $802.86. Murphy USA's Cyclically Adjusted PS Ratio for today is 0.71.

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

MUSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.58   Max: 0.85
Current: 0.7

During the past years, Murphy USA's highest Cyclically Adjusted PS Ratio was 0.85. The lowest was 0.37. And the median was 0.58.

MUSA's Cyclically Adjusted PS Ratio is ranked worse than
57.98% of 802 companies
in the Retail - Cyclical industry
Industry Median: 0.5 vs MUSA: 0.70

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.

Murphy USA's adjusted revenue per share data for the three months ended in Jun. 2026 was $366.866. 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 $802.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Murphy USA  (NYSE:MUSA) 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.


Murphy USA Cyclically Adjusted PS Ratio Related Terms


Murphy USA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Murphy USA'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.

Murphy USA Cyclically Adjusted PS Ratio Chart

Murphy USA 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 0.44 0.53 0.60 0.76 0.55

Murphy USA 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 0.58 0.54 0.55 0.64 0.67

MUSA vs FIVE, GME, TSCO: Cyclically Adjusted PS Ratio Comparison

For the Specialty Retail subindustry, Murphy USA'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.


Murphy USA Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Murphy USA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MUSA
71GF Score
Murphy USA Inc MUSA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Murphy USA 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.

Murphy USA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=569.50/802.86
=0.71

* 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.

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

For example, Murphy USA'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)
=366.866/333.9520*333.9520
=366.866

Current CPI (Jun. 2026) = 333.9520.

Murphy USA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 77.672 241.428 107.439
201612 79.124 241.432 109.445
201703 81.334 243.801 111.409
201706 87.114 244.955 118.764
201709 90.539 246.819 122.501
201712 96.873 246.524 131.228
201803 95.244 249.554 127.455
201806 116.589 251.989 154.511
201809 116.425 252.439 154.019
201812 107.725 251.233 143.194
201903 96.126 254.202 126.283
201906 117.558 256.143 153.269
201909 115.367 256.759 150.051
201912 112.108 256.974 145.691
202003 104.279 258.115 134.917
202006 80.678 257.797 104.511
202009 96.241 260.280 123.482
202012 100.584 260.474 128.958
202103 128.678 264.877 162.235
202106 165.546 271.696 203.479
202109 175.903 274.310 214.149
202112 185.004 278.802 221.600
202203 204.132 287.504 237.111
202206 277.996 296.311 313.310
202209 261.932 296.808 294.711
202212 237.384 296.797 267.101
202303 229.395 301.836 253.803
202306 253.295 305.109 277.240
202309 266.081 307.789 288.699
202312 237.843 306.746 258.938
202403 228.887 312.332 244.731
202406 260.573 314.175 276.976
202409 252.640 315.301 267.584
202412 230.214 315.605 243.597
202503 223.985 319.799 233.898
202506 253.225 322.561 262.167
202509 265.703 324.800 273.190
202512 251.917 324.054 259.612
202603 257.606 330.213 260.523
202606 366.866 333.952 366.866

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 0.71 mean?
Murphy USA (MUSA) has a Cyclically Adjusted PS Ratio of 0.71 as of Aug. 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 Murphy USA and its competitors. This is 22% above median its historical median of 0.58. Over the past decade, Murphy USA's Cyclically Adjusted PS Ratio has ranged from 0.37 to 0.85. According to the industry distribution chart, Murphy USA ranks #465 out of 802 companies in the Retail - Cyclical industry, placing it in the top 58%.
Is Murphy USA's Cyclically Adjusted PS Ratio too high?
Murphy USA's current Cyclically Adjusted PS Ratio of 0.71 is 22% above median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.85. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.50. Murphy USA's value of 0.71 is 42% above this industry median. Based on the distribution chart, Murphy USA ranks #465 out of 802 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Murphy USA has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Murphy USA's Cyclically Adjusted PS Ratio compare to FIVE and GME?
According to the Retail - Cyclical industry distribution chart, Murphy USA ranks #465 out of 802 companies for Cyclically Adjusted PS Ratio. This places Murphy USA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.50. Murphy USA's value of 0.71 is 42% above this benchmark. Historically, Murphy USA's own Cyclically Adjusted PS Ratio has ranged from 0.37 to 0.85 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.50, Murphy USA 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.50, based on 802 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. Murphy USA's current Cyclically Adjusted PS Ratio of 0.71 is 42% 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 Murphy USA and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Murphy USA's current Cyclically Adjusted PS Ratio is 0.71, which is 22% above median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murphy USA stock overvalued right now?
Based on GuruFocus' analysis, Murphy USA (MUSA) is currently considered Fairly Valued. The stock's GF Value™ is $519.25, compared to a current price of $569.50 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.71, which is 22% above median its 10-year median of 0.58 and 42% above the Retail - Cyclical industry median of 0.50. Murphy USA's overall GF Score™ is 71/100 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 Murphy USA (MUSA), the current Cyclically Adjusted PS Ratio is 0.71 as of Aug. 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 Murphy USA (MUSA) Overvalued in 2026?

Based on GuruFocus' analysis, Murphy USA stock appears to be overvalued. The current stock price of $569.50 is trading 9.7% above its estimated GF Value™ of $519.25. GuruFocus considers Murphy USA to be Fairly Valued.

Key valuation signals for MUSA:

  • Cyclically Adjusted PS Ratio: 0.71 (22% above median its 10-year median of 0.58)
  • GF Value™: $519.25 vs. price of $569.50 (9.7% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 42% above the Retail - Cyclical median (#465 of 802)

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


Murphy USA Business Description

Other Exchanges MUSA1:Mexico
Address 200 Peach Street, El Dorado, AR, USA, 71730-5836
Murphy USA Inc is mainly engaged in the marketing of retail motor fuel products and convenience merchandise through a network of several retail stores in the Southwest, Southeast, Midwest, and Northeast United States. The majority of Murphy USA's stores are located in proximity to Walmart Supercenters, but it also operates standalone stores that market gasoline and other products under the Murphy USA, Murphy Express, and QuickChek brands. In addition, the company also markets fuel to unbranded wholesale customers through a mixture of company-owned and third-party product distribution terminals and pipeline positions. The firm generates maximum revenue through retail sales of petroleum products, and the rest from merchandise sales and wholesale of petroleum products.
71GF Score

Get the complete analysis for MUSA

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

$569.50
Price
$519.25
GF Value