Markel Group (STU:MKV) Cyclically Adjusted PS Ratio: 1.84 (As of Aug. 08, 2026) — 19% Below Median

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STU:MKV Markel Group Inc STU:MKV
82 GF Score
Price €1,619.00
GF Value €1,872.69
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Markel Group Cyclically Adjusted PS Ratio?

Markel Group STU:MKV +0.06% 82 Cyclically Adjusted PS Ratio is 1.84 as of Aug. 08, 2026, which is 19% below its 10-year median of 2.28. GuruFocus rates STU:MKV with a GF Score™ of 82/100 and a GF Value™ of €1,872.69 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 412 Insurance companies, Markel Group ranks worse than 70.15% on this metric.

As of today (2026-08-08), Markel Group's current share price is €1619.00. Markel Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €880.34. Markel Group's Cyclically Adjusted PS Ratio for today is 1.84.

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

STU:MKV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.28   Max: 3.51
Current: 1.86

During the past years, Markel Group's highest Cyclically Adjusted PS Ratio was 3.51. The lowest was 1.73. And the median was 2.28.

STU:MKV's Cyclically Adjusted PS Ratio is ranked worse than
70.15% of 412 companies
in the Insurance industry
Industry Median: 1.235 vs STU:MKV: 1.86

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.

Markel Group's adjusted revenue per share data for the three months ended in Jun. 2026 was €358.198. 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 €880.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Markel Group  (STU:MKV) 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.


Markel Group Cyclically Adjusted PS Ratio Related Terms


Markel Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Markel Group'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.

Markel Group Cyclically Adjusted PS Ratio Chart

Markel Group 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 2.19 2.04 1.92 2.05 2.28

Markel Group 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 2.23 2.07 2.28 1.97 1.94

STU:MKV vs L, WRB, CINF: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Property & Casualty subindustry, Markel Group'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.


Markel Group Cyclically Adjusted PS Ratio vs Insurance Industry

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

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


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

Markel Group 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.

Markel Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1619.00/880.34
=1.84

* 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.

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

For example, Markel Group'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)
=358.198/333.9520*333.9520
=358.198

Current CPI (Jun. 2026) = 333.9520.

Markel Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 90.541 241.428 125.240
201612 96.138 241.432 132.979
201703 93.982 243.801 128.734
201706 94.109 244.955 128.301
201709 90.432 246.819 122.357
201712 100.569 246.524 136.235
201803 90.423 249.554 121.004
201806 127.214 251.989 168.592
201809 137.735 252.439 182.210
201812 68.382 251.233 90.897
201903 155.785 254.202 204.659
201906 157.063 256.143 204.774
201909 136.655 256.759 177.739
201912 163.510 256.974 212.490
202003 28.427 258.115 36.779
202006 199.490 257.797 258.421
202009 174.606 260.280 224.028
202012 193.159 260.474 247.648
202103 177.295 264.877 223.530
202106 209.017 271.696 256.911
202109 168.663 274.310 205.335
202112 243.239 278.802 291.354
202203 174.872 287.504 203.124
202206 131.856 296.311 148.606
202209 236.232 296.808 265.795
202212 287.326 296.797 323.295
202303 250.254 301.836 276.882
202306 284.076 305.109 310.931
202309 239.739 307.789 260.118
202312 314.620 306.746 342.524
202403 315.883 312.332 337.749
202406 263.520 314.175 280.108
202409 311.453 315.301 329.876
202412 297.326 315.605 314.610
202503 239.697 319.799 250.305
202506 300.410 322.561 311.019
202509 296.578 324.800 304.935
202512 289.134 324.054 297.965
202603 197.061 330.213 199.292
202606 358.198 333.952 358.198

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 1.84 mean?
Markel Group (STU:MKV) has a Cyclically Adjusted PS Ratio of 1.84 as of Aug. 08, 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 Markel Group and its competitors. This is 19% below median its historical median of 2.28. Over the past decade, Markel Group's Cyclically Adjusted PS Ratio has ranged from 1.73 to 3.51. According to the industry distribution chart, Markel Group ranks #289 out of 412 companies in the Insurance industry, placing it in the top 70.1%.
Is Markel Group's Cyclically Adjusted PS Ratio too high?
Markel Group's current Cyclically Adjusted PS Ratio of 1.84 is 19% below median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 3.51. The Insurance industry median Cyclically Adjusted PS Ratio is 1.24. Markel Group's value of 1.84 is 49% above this industry median. Based on the distribution chart, Markel Group ranks #289 out of 412 companies in the Insurance industry, which is below the industry midpoint. Overall, Markel Group has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Markel Group's Cyclically Adjusted PS Ratio compare to L and WRB?
According to the Insurance industry distribution chart, Markel Group ranks #289 out of 412 companies for Cyclically Adjusted PS Ratio. This places Markel Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.24. Markel Group's value of 1.84 is 49% above this benchmark. Historically, Markel Group's own Cyclically Adjusted PS Ratio has ranged from 1.73 to 3.51 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 1.24, Markel Group 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.24, based on 412 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. Markel Group's current Cyclically Adjusted PS Ratio of 1.84 is 49% 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 Markel Group and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Markel Group's current Cyclically Adjusted PS Ratio is 1.84, which is 19% below median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Markel Group stock overvalued right now?
Based on GuruFocus' analysis, Markel Group (STU:MKV) is currently considered Modestly Undervalued. The stock's GF Value™ is €1,872.69, compared to a current price of €1,619.00 — trading 13.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.84, which is 19% below median its 10-year median of 2.28 and 49% above the Insurance industry median of 1.24. Markel Group's overall GF Score™ is 82/100 with 6 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 Markel Group (STU:MKV), the current Cyclically Adjusted PS Ratio is 1.84 as of Aug. 08, 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 Markel Group (STU:MKV) Overvalued in 2026?

Based on GuruFocus' analysis, Markel Group stock appears to be undervalued. The current stock price of €1,619.00 is trading 13.5% below its estimated GF Value™ of €1,872.69. GuruFocus considers Markel Group to be Modestly Undervalued.

Key valuation signals for STU:MKV:

  • Cyclically Adjusted PS Ratio: 1.84 (19% below median its 10-year median of 2.28)
  • GF Value™: €1,872.69 vs. price of €1,619.00 (13.5% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 49% above the Insurance median (#289 of 412)

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


Markel Group Business Description

Address 4521 Highwoods Parkway, Glen Allen, VA, USA, 23060-6148
Markel's primary business is property and casualty insurance. The company focuses primarily on specialty lines, ranging from areas such as executive liability to commercial equine insurance. The acquisition of Alterra in 2013 added substantial reinsurance operations, which now account for a little over 10% of premiums. The company uses capital generated by its insurance operations to buy noninsurance operations in diverse areas, such as bakery equipment manufacturing and residential homebuilding.
82GF Score

Get the complete analysis for STU:MKV

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

€1,619.00
Price
€1,872.69
GF Value