IMC (WAR:IMC) Cyclically Adjusted PS Ratio: (As of Sep. 22, 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.

WAR:IMC IMC SA WAR:IMC
74 GF Score
Price zł30.00
GF Value zł22.19
Valuation Significantly Overvalued
! 5 Warning Signs
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What is IMC Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


IMC  (WAR:IMC) 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.


IMC Cyclically Adjusted PS Ratio Related Terms


IMC Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for IMC'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.

IMC Cyclically Adjusted PS Ratio Chart

IMC 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 1.94 0.86 0.48 0.81 1.26

IMC 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 1.49 1.15 1.26 1.63 1.69

WAR:IMC vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, IMC'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.


IMC Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, IMC's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:IMC
74GF Score
IMC SA WAR:IMC
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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IMC 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.

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

For example, IMC'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)
=4.578/128.6000*128.6000
=4.578

Current CPI (Jun. 2026) = 128.6000.

IMC Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.214 100.750 4.102
201612 5.774 101.040 7.349
201703 4.789 101.780 6.051
201706 3.141 102.170 3.954
201709 2.066 102.520 2.592
201712 4.900 102.410 6.153
201803 3.152 102.900 3.939
201806 3.489 103.650 4.329
201809 2.034 104.580 2.501
201812 5.706 104.320 7.034
201903 5.612 105.140 6.864
201906 5.382 105.550 6.557
201909 2.666 105.900 3.237
201912 5.929 106.080 7.188
202003 5.984 106.040 7.257
202006 3.610 106.340 4.366
202009 3.900 106.620 4.704
202012 5.414 106.670 6.527
202103 6.662 108.140 7.922
202106 2.972 108.680 3.517
202109 2.994 109.470 3.517
202112 8.676 111.090 10.044
202203 4.716 114.780 5.284
202206 0.862 116.750 0.949
202209 2.295 117.000 2.523
202212 6.819 117.060 7.491
202303 5.188 118.910 5.611
202306 3.527 120.460 3.765
202309 3.127 121.740 3.303
202312 4.710 121.170 4.999
202403 6.656 122.590 6.982
202406 5.528 123.120 5.774
202409 3.565 123.300 3.718
202412 8.017 122.430 8.421
202503 5.729 124.210 5.931
202506 3.493 125.820 3.570
202509 3.560 126.570 3.617
202512 7.366 126.180 7.507
202603 4.531 127.160 4.582
202606 4.578 128.600 4.578

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 IMC (WAR:IMC) Overvalued in 2026?

Based on GuruFocus' analysis, IMC stock appears to be overvalued. The current stock price of zł30.00 is trading 35.2% above its estimated GF Value™ of zł22.19. GuruFocus considers IMC to be Significantly Overvalued.

Key valuation signals for WAR:IMC:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: zł22.19 vs. price of zł30.00 (35.2% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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


IMC Business Description

Other Exchanges IM4:Germany
Address 122, route d\'Arlon, Grand Duchy Luxembourg, LUX, L-1150
IMC SA is an integrated agricultural company operating in Ukraine. The company's activities are the cultivation of grain & oilseeds crops, and storage of grain & oilseeds crops. The Group operates in segments: crop farming, elevators, and warehouses. The crop farming segment deals with the cultivation and sale of such basic agricultural crops as corn, sunflowers, and wheat. The Elevators and warehouses segment deals with the storage and processing of agricultural produce. The company generates the majority of its revenue from the Crop farming segment.
74GF Score

Get the complete analysis for WAR:IMC

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

zł30.00
Price
zł22.19
GF Value