IGM Financial (STU:C7G) Cyclically Adjusted PS Ratio: 5.37 (As of Aug. 03, 2026) — 75% Above Median

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STU:C7G IGM Financial Inc STU:C7G
82 GF Score
Price €53.50
GF Value €32.27
Valuation Significantly Overvalued
! 9 Warning Signs
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What is IGM Financial Cyclically Adjusted PS Ratio?

IGM Financial STU:C7G 82 Cyclically Adjusted PS Ratio is 5.37 as of Aug. 03, 2026, which is 75% above its 10-year median of 3.07. GuruFocus rates STU:C7G with a GF Score™ of 82/100 and a GF Value™ of €32.27 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 907 Asset Management companies, IGM Financial ranks better than 63.95% on this metric.

As of today (2026-08-03), IGM Financial's current share price is €53.50. IGM Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €9.97. IGM Financial's Cyclically Adjusted PS Ratio for today is 5.37.

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

STU:C7G' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.8   Med: 3.07   Max: 5.39
Current: 5.39

During the past years, IGM Financial's highest Cyclically Adjusted PS Ratio was 5.39. The lowest was 1.80. And the median was 3.07.

STU:C7G's Cyclically Adjusted PS Ratio is ranked better than
63.95% of 907 companies
in the Asset Management industry
Industry Median: 7.69 vs STU:C7G: 5.39

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.

IGM Financial's adjusted revenue per share data for the three months ended in Jun. 2026 was €2.828. 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 €9.97 for the trailing ten years ended in Jun. 2026.

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 3.40 2.63 2.35 3.02 3.96

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 2.78 3.25 3.96 4.17 4.89

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
82GF Score
IGM Financial Inc STU:C7G
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.50/9.97
=5.37

* 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'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)
=2.828/133.5265*133.5265
=2.828

Current CPI (Jun. 2026) = 133.5265.

IGM Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.120 101.765 2.782
201612 2.288 101.449 3.011
201703 2.209 102.634 2.874
201706 2.164 103.029 2.805
201709 2.123 103.345 2.743
201712 2.113 103.345 2.730
201803 2.007 105.004 2.552
201806 2.106 105.557 2.664
201809 2.162 105.636 2.733
201812 2.056 105.399 2.605
201903 2.078 106.979 2.594
201906 2.183 107.690 2.707
201909 2.256 107.611 2.799
201912 2.284 107.769 2.830
202003 2.065 107.927 2.555
202006 2.005 108.401 2.470
202009 2.204 108.164 2.721
202012 2.272 108.559 2.795
202103 2.353 110.298 2.849
202106 2.488 111.720 2.974
202109 2.568 112.905 3.037
202112 2.717 113.774 3.189
202203 2.422 117.646 2.749
202206 2.399 120.806 2.652
202209 2.479 120.648 2.744
202212 2.276 120.964 2.512
202303 2.237 122.702 2.434
202306 2.327 124.203 2.502
202309 2.354 125.230 2.510
202312 2.282 125.072 2.436
202403 2.398 126.258 2.536
202406 2.415 127.522 2.529
202409 2.469 127.285 2.590
202412 2.610 127.364 2.736
202503 2.448 129.181 2.530
202506 2.446 129.892 2.514
202509 2.547 130.287 2.610
202512 2.662 130.366 2.727
202603 2.715 132.262 2.741
202606 2.828 133.527 2.828

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 5.37 mean?
IGM Financial (STU:C7G) has a Cyclically Adjusted PS Ratio of 5.37 as of Aug. 03, 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 IGM Financial and its competitors. This is 75% above median its historical median of 3.07. Over the past decade, IGM Financial's Cyclically Adjusted PS Ratio has ranged from 1.80 to 5.39. According to the industry distribution chart, IGM Financial ranks #327 out of 907 companies in the Asset Management industry, placing it in the top 36.1%.
Is IGM Financial's Cyclically Adjusted PS Ratio too high?
IGM Financial's current Cyclically Adjusted PS Ratio of 5.37 is 75% above median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 1.80 to a high of 5.39. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.69. IGM Financial's value of 5.37 is 30.2% below this industry median. Based on the distribution chart, IGM Financial ranks #327 out of 907 companies in the Asset Management industry, which is above the industry midpoint. Overall, IGM Financial has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, IGM Financial ranks #327 out of 907 companies for Cyclically Adjusted PS Ratio. This puts IGM Financial in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.69. IGM Financial's value of 5.37 is 30.2% below this benchmark. Historically, IGM Financial's own Cyclically Adjusted PS Ratio has ranged from 1.80 to 5.39 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 7.69, IGM Financial has consistently been below 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.69, based on 907 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. IGM Financial's current Cyclically Adjusted PS Ratio of 5.37 is 30.2% below 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 IGM Financial and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGM Financial's current Cyclically Adjusted PS Ratio is 5.37, which is 75% above median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
Based on GuruFocus' analysis, IGM Financial (STU:C7G) is currently considered Significantly Overvalued. The stock's GF Value™ is €32.27, compared to a current price of €53.50 — trading 65.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.37, which is 75% above median its 10-year median of 3.07 and 30.2% below the Asset Management industry median of 7.69. IGM Financial's overall GF Score™ is 82/100 with 9 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 IGM Financial (STU:C7G), the current Cyclically Adjusted PS Ratio is 5.37 as of Aug. 03, 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 IGM Financial (STU:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €53.50 is trading 65.8% above its estimated GF Value™ of €32.27. GuruFocus considers IGM Financial to be Significantly Overvalued.

Key valuation signals for STU:C7G:

  • Cyclically Adjusted PS Ratio: 5.37 (75% above median its 10-year median of 3.07)
  • GF Value™: €32.27 vs. price of €53.50 (65.8% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 30.2% below the Asset Management median (#327 of 907)

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.
82GF 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.

€53.50
Price
€32.27
GF Value