IGM Financial (STU:C7G) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:C7G IGM Financial Inc STU:C7G
83 GF Score
Price €55.00
GF Value €33.17
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IGM Financial Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IGM Financial  (STU:C7G) 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.


IGM Financial Cyclically Adjusted PS Ratio Related Terms


IGM Financial Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IGM Financial'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.

IGM Financial Cyclically Adjusted PS Ratio Chart

IGM Financial 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 3.37 2.56 2.26 2.88 3.58

IGM Financial 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 2.52 2.94 3.67 3.87 4.57

STU:C7G vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, IGM Financial'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.


IGM Financial Cyclically Adjusted PS Ratio vs Asset Management Industry

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

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


STU:C7G
83GF Score
IGM Financial Inc STU:C7G
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IGM Financial 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.

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

For example, IGM Financial'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)
=2.612/133.5265*133.5265
=2.612

Current CPI (Jun. 2026) = 133.5265.

IGM Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.235 101.765 2.933
201612 2.259 101.449 2.973
201703 2.354 102.634 3.063
201706 2.252 103.029 2.919
201709 2.215 103.345 2.862
201712 2.294 103.345 2.964
201803 2.183 105.004 2.776
201806 2.222 105.557 2.811
201809 2.266 105.636 2.864
201812 2.255 105.399 2.857
201903 2.236 106.979 2.791
201906 2.317 107.690 2.873
201909 2.097 107.611 2.602
201912 2.178 107.769 2.699
202003 2.130 107.927 2.635
202006 1.948 108.401 2.400
202009 2.059 108.164 2.542
202012 2.170 108.559 2.669
202103 2.156 110.298 2.610
202106 2.314 111.720 2.766
202109 2.406 112.905 2.845
202112 2.539 113.774 2.980
202203 2.136 117.646 2.424
202206 2.194 120.806 2.425
202209 2.569 120.648 2.843
202212 2.423 120.964 2.675
202303 2.666 122.702 2.901
202306 2.119 124.203 2.278
202309 2.406 125.230 2.565
202312 2.397 125.072 2.559
202403 2.306 126.258 2.439
202406 2.221 127.522 2.326
202409 2.340 127.285 2.455
202412 2.515 127.364 2.637
202503 2.437 129.181 2.519
202506 2.234 129.892 2.297
202509 2.345 130.287 2.403
202512 2.524 130.366 2.585
202603 2.444 132.262 2.467
202606 2.612 133.527 2.612

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 IGM Financial (STU:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €55.00 is trading 65.8% above its estimated GF Value™ of €33.17. GuruFocus considers IGM Financial to be Significantly Overvalued.

Key valuation signals for STU:C7G:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €33.17 vs. price of €55.00 (65.8% above fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the STU:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGM Financial Business Description

Other Exchanges IGIFF:USAIGM:Canada
Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
83GF Score

Get the complete analysis for STU:C7G

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

€55.00
Price
€33.17
GF Value