TVAVF (Tel Aviv Stock Exchange) Cyclically Adjusted PS Ratio: 34.50 (As of Jul. 15, 2026) — 77% Above Median

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TVAVF Tel Aviv Stock Exchange Ltd TVAVF
74 GF Score
Price $42.43
GF Value $21.04
Valuation Significantly Overvalued
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What is Tel Aviv Stock Exchange Cyclically Adjusted PS Ratio?

Tel Aviv Stock Exchange TVAVF 74 Cyclically Adjusted PS Ratio is 34.50 as of Jul. 15, 2026, which is 77% above its 10-year median of 19.44. GuruFocus rates TVAVF with a GF Score™ of 74/100 and a GF Value™ of $21.04 (Significantly Overvalued). Among 603 Capital Markets companies, Tel Aviv Stock Exchange ranks worse than 95.69% on this metric.

As of today (2026-07-15), Tel Aviv Stock Exchange's current share price is $42.4325. Tel Aviv Stock Exchange's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $1.23. Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio for today is 34.50.

The historical rank and industry rank for Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio or its related term are showing as below:

TVAVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.07   Med: 19.44   Max: 41.74
Current: 30.52

During the past 11 years, Tel Aviv Stock Exchange's highest Cyclically Adjusted PS Ratio was 41.74. The lowest was 11.07. And the median was 19.44.

TVAVF's Cyclically Adjusted PS Ratio is ranked worse than
95.69% of 603 companies
in the Capital Markets industry
Industry Median: 3.25 vs TVAVF: 30.52

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.

Tel Aviv Stock Exchange's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $1.996. 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 $1.23 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tel Aviv Stock Exchange  (OTCPK:TVAVF) 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.


Tel Aviv Stock Exchange Cyclically Adjusted PS Ratio Related Terms


Tel Aviv Stock Exchange Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Tel Aviv Stock Exchange'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.

Tel Aviv Stock Exchange Cyclically Adjusted PS Ratio Chart

Tel Aviv Stock Exchange 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 0.00 0.00 0.00 11.85 24.34

Tel Aviv Stock Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 24.34 0.00

TVAVF vs SPGI, CME, MCO: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.


Tel Aviv Stock Exchange Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio falls into.


TVAVF
74GF Score
Tel Aviv Stock Exchange Ltd TVAVF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tel Aviv Stock Exchange 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.

Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.4325/1.23
=34.50

* 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.

Tel Aviv Stock Exchange's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Tel Aviv Stock Exchange's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.996/324.0540*324.0540
=1.996

Current CPI (Dec25) = 324.0540.

Tel Aviv Stock Exchange Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.808 241.432 1.085
201712 0.844 246.524 1.109
201812 0.850 251.233 1.096
201912 0.858 256.974 1.082
202012 0.984 260.474 1.224
202112 1.035 278.802 1.203
202212 1.166 296.797 1.273
202312 1.312 306.746 1.386
202412 1.510 315.605 1.550
202512 1.996 324.054 1.996

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 34.50 mean?
Tel Aviv Stock Exchange (TVAVF) has a Cyclically Adjusted PS Ratio of 34.50 as of Jul. 15, 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 Tel Aviv Stock Exchange and its competitors. This is 77% above median its historical median of 19.44. Over the past decade, Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio has ranged from 11.07 to 41.74. According to the industry distribution chart, Tel Aviv Stock Exchange ranks #577 out of 603 companies in the Capital Markets industry, placing it in the top 95.7%.
Is Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio too high?
Tel Aviv Stock Exchange's current Cyclically Adjusted PS Ratio of 34.50 is 77% above median its 10-year median of 19.44. Over the past 10 years, this metric has ranged from a low of 11.07 to a high of 41.74. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.25. Tel Aviv Stock Exchange's value of 34.50 is 961.5% above this industry median. Based on the distribution chart, Tel Aviv Stock Exchange ranks #577 out of 603 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tel Aviv Stock Exchange has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tel Aviv Stock Exchange's Cyclically Adjusted PS Ratio compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Tel Aviv Stock Exchange ranks #577 out of 603 companies for Cyclically Adjusted PS Ratio. This places Tel Aviv Stock Exchange in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.25. Tel Aviv Stock Exchange's value of 34.50 is 961.5% above this benchmark. Historically, Tel Aviv Stock Exchange's own Cyclically Adjusted PS Ratio has ranged from 11.07 to 41.74 over the past decade. While the company's 10-year median is 19.44 vs. the industry median of 3.25, Tel Aviv Stock Exchange 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.25, based on 603 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. Tel Aviv Stock Exchange's current Cyclically Adjusted PS Ratio of 34.50 is 961.5% 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 Tel Aviv Stock Exchange and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tel Aviv Stock Exchange's current Cyclically Adjusted PS Ratio is 34.50, which is 77% above median its own 10-year median of 19.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tel Aviv Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Tel Aviv Stock Exchange (TVAVF) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.04, compared to a current price of $42.43 — trading 101.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 34.50, which is 77% above median its 10-year median of 19.44 and 961.5% above the Capital Markets industry median of 3.25. Tel Aviv Stock Exchange's overall GF Score™ is 74/100. 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 Tel Aviv Stock Exchange (TVAVF), the current Cyclically Adjusted PS Ratio is 34.50 as of Jul. 15, 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 Tel Aviv Stock Exchange (TVAVF) Overvalued in 2026?

Based on GuruFocus' analysis, Tel Aviv Stock Exchange stock appears to be overvalued. The current stock price of $42.43 is trading 101.7% above its estimated GF Value™ of $21.04. GuruFocus considers Tel Aviv Stock Exchange to be Significantly Overvalued.

Key valuation signals for TVAVF:

  • Cyclically Adjusted PS Ratio: 34.50 (77% above median its 10-year median of 19.44)
  • GF Value™: $21.04 vs. price of $42.43 (101.7% above fair value)
  • GF Score™: 74/100
  • Industry Position: 961.5% above the Capital Markets median (#577 of 603)

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


Tel Aviv Stock Exchange Business Description

Other Exchanges TASE:Israel
Address 2 Ahuzat Bayit Street, Yafo, Tel Aviv, ISR, 6525216
Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.
74GF Score

Get the complete analysis for TVAVF

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

$42.43
Price
$21.04
GF Value