TP ICAP GROUPTCAPF 77 Cyclically Adjusted PS Ratio is 1.00 as of Jul. 11, 2026, which is 35% above its 10-year median of 0.74. GuruFocus rates TCAPF with a GF Score™ of 77/100 and a GF Value™ of $3.43 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 601 Capital Markets companies, TP ICAP GROUP ranks better than 78.04% on this metric.
The historical rank and industry rank for TP ICAP GROUP's Cyclically Adjusted PS Ratio or its related term are showing as below:
TCAPF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32 Med: 0.74 Max: 1.33
Current: 1.03
During the past 13 years, TP ICAP GROUP's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.32. And the median was 0.74.
TCAPF's Cyclically Adjusted PS Ratio is ranked better than 78.04% of 601
companies
in the Capital Markets industry
Industry Median: 3.29
vs TCAPF: 1.03
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.
TP ICAP GROUP's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $4.103. 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 $4.59 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
TP ICAP GROUP (OTCPK:TCAPF) 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.
TP ICAP GROUP Cyclically Adjusted PS Ratio Related Terms
TP ICAP GROUP Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for TP ICAP 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.
TCAPF vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison
For the Capital Markets subindustry, TP ICAP 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.
TP ICAP GROUP Cyclically Adjusted PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TP ICAP GROUP's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where TP ICAP GROUP's Cyclically Adjusted PS Ratio falls into.
TP ICAP 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.
TP ICAP GROUP's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 1.00 mean?
TP ICAP GROUP (TCAPF) has a Cyclically Adjusted PS Ratio of 1.00 as of Jul. 11, 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 TP ICAP GROUP and its competitors. This is 35% above median its historical median of 0.74. Over the past decade, TP ICAP GROUP's Cyclically Adjusted PS Ratio has ranged from 0.32 to 1.33. According to the industry distribution chart, TP ICAP GROUP ranks #132 out of 601 companies in the Capital Markets industry, placing it in the top 22%.
Is TP ICAP GROUP's Cyclically Adjusted PS Ratio too high?
TP ICAP GROUP's current Cyclically Adjusted PS Ratio of 1.00 is 35% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.33. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.29. TP ICAP GROUP's value of 1.00 is 69.6% below this industry median. Based on the distribution chart, TP ICAP GROUP ranks #132 out of 601 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, TP ICAP GROUP has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TP ICAP GROUP's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, TP ICAP GROUP ranks #132 out of 601 companies for Cyclically Adjusted PS Ratio. This places TP ICAP GROUP in the top 22% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 3.29. TP ICAP GROUP's value of 1.00 is 69.6% below this benchmark. Historically, TP ICAP GROUP's own Cyclically Adjusted PS Ratio has ranged from 0.32 to 1.33 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 3.29, TP ICAP GROUP 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 a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.29, based on 601 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. TP ICAP GROUP's current Cyclically Adjusted PS Ratio of 1.00 is 69.6% 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 TP ICAP GROUP and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TP ICAP GROUP's current Cyclically Adjusted PS Ratio is 1.00, which is 35% above median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TP ICAP GROUP stock overvalued right now?
Based on GuruFocus' analysis, TP ICAP GROUP (TCAPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.43, compared to a current price of $4.57 — trading 33.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.00, which is 35% above median its 10-year median of 0.74 and 69.6% below the Capital Markets industry median of 3.29. TP ICAP GROUP's overall GF Score™ is 77/100 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 TP ICAP GROUP (TCAPF), the current Cyclically Adjusted PS Ratio is 1.00 as of Jul. 11, 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 TP ICAP GROUP (TCAPF) Overvalued in 2026?
Based on GuruFocus' analysis, TP ICAP GROUP stock appears to be overvalued.
The current stock price of $4.57 is trading 33.2% above its estimated GF Value™ of $3.43.
GuruFocus considers TP ICAP GROUP to be Significantly Overvalued.
Key valuation signals for TCAPF:
Cyclically Adjusted PS Ratio: 1.00 (35% above median its 10-year median of 0.74)
GF Value™: $3.43 vs. price of $4.57 (33.2% above fair value)
Industry Position: 69.6% below the Capital Markets median (#132 of 601)
No single metric tells the full story. See the TCAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy, and commodities products. Its role includes creating liquidity and price discovery in markets and providing insight and context to the clients. The company provides proprietary over-the-counter ('OTC') pricing information in the world with the data on financial, energy, and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers, and charities. The company's segments include Global Broking which generates key revenue, Energy & Commodities, Liquidnet, Parameta Solutions, and Corporate.
77GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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