Mercedes-Benz Group AG (WAR:MBG) Cyclically Adjusted PS Ratio: 0.28 (As of Jul. 18, 2026) — 26% Below Median

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WAR:MBG Mercedes-Benz Group AG WAR:MBG
82 GF Score
Price zł199.88
GF Value zł246.57
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Mercedes-Benz Group AG Cyclically Adjusted PS Ratio?

Mercedes-Benz Group AG WAR:MBG +1.54% 82 Cyclically Adjusted PS Ratio is 0.28 as of Jul. 18, 2026, which is 26% below its 10-year median of 0.38. GuruFocus rates WAR:MBG with a GF Score™ of 82/100 and a GF Value™ of zł246.57 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,042 Vehicles & Parts companies, Mercedes-Benz Group AG ranks better than 75.24% on this metric.

As of today (2026-07-18), Mercedes-Benz Group AG's current share price is zł199.88. Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł722.55. Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio for today is 0.28.

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

WAR:MBG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.38   Max: 0.52
Current: 0.27

During the past years, Mercedes-Benz Group AG's highest Cyclically Adjusted PS Ratio was 0.52. The lowest was 0.14. And the median was 0.38.

WAR:MBG's Cyclically Adjusted PS Ratio is ranked better than
75.24% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 0.74 vs WAR:MBG: 0.27

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.

Mercedes-Benz Group AG's adjusted revenue per share data for the three months ended in Mar. 2026 was zł145.410. 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 zł722.55 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG  (WAR:MBG) 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.


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Related Terms


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Chart

Mercedes-Benz Group AG 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 0.47 0.39 0.38 0.32 0.36

Mercedes-Benz Group AG 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 0.32 0.30 0.32 0.36 0.31

WAR:MBG vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio falls into.


WAR:MBG
82GF Score
Mercedes-Benz Group AG WAR:MBG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercedes-Benz Group AG 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.

Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=199.88/722.55
=0.28

* 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.

Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mercedes-Benz Group AG's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=145.41/131.2583*131.2583
=145.410

Current CPI (Mar. 2026) = 131.2583.

Mercedes-Benz Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 153.838 100.717 200.488
201609 153.590 101.017 199.570
201612 153.418 101.217 198.953
201703 146.305 101.417 189.354
201706 164.188 102.117 211.043
201709 172.186 102.717 220.030
201712 182.998 102.617 234.074
201803 173.950 102.917 221.852
201806 168.812 104.017 213.022
201809 166.361 104.718 208.525
201812 188.008 104.217 236.790
201903 159.057 104.217 200.327
201906 170.868 105.718 212.149
201909 168.961 106.018 209.187
201912 186.574 105.818 231.430
202003 145.831 105.718 181.063
202006 120.517 106.618 148.370
202009 132.051 105.818 163.799
202012 158.231 105.518 196.831
202103 138.792 107.518 169.438
202106 145.770 108.486 176.369
202109 132.008 109.435 158.333
202112 141.182 110.384 167.881
202203 136.114 113.968 156.764
202206 136.576 115.760 154.861
202209 132.401 118.818 146.264
202212 154.003 119.345 169.376
202303 142.415 122.402 152.719
202306 147.504 123.140 157.228
202309 140.760 124.195 148.766
202312 158.069 123.773 167.629
202403 142.431 125.038 149.516
202406 146.737 125.882 153.005
202409 143.406 126.198 149.157
202412 157.894 127.041 163.135
202503 141.487 127.779 145.339
202506 150.590 128.412 153.928
202509 148.631 129.255 150.934
202512 155.723 129.361 158.007
202603 145.410 131.258 145.410

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 0.28 mean?
Mercedes-Benz Group AG (WAR:MBG) has a Cyclically Adjusted PS Ratio of 0.28 as of Jul. 18, 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 Mercedes-Benz Group AG and its competitors. This is 26% below median its historical median of 0.38. Over the past decade, Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.52. According to the industry distribution chart, Mercedes-Benz Group AG ranks #258 out of 1042 companies in the Vehicles & Parts industry, placing it in the top 24.8%.
Is Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio too high?
Mercedes-Benz Group AG's current Cyclically Adjusted PS Ratio of 0.28 is 26% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.52. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.74. Mercedes-Benz Group AG's value of 0.28 is 62.2% below this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #258 out of 1042 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Mercedes-Benz Group AG has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #258 out of 1042 companies for Cyclically Adjusted PS Ratio. This places Mercedes-Benz Group AG in the top 25% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 0.74. Mercedes-Benz Group AG's value of 0.28 is 62.2% below this benchmark. Historically, Mercedes-Benz Group AG's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 0.52 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.74, Mercedes-Benz Group AG 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 Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.74, based on 1,042 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. Mercedes-Benz Group AG's current Cyclically Adjusted PS Ratio of 0.28 is 62.2% 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 Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current Cyclically Adjusted PS Ratio is 0.28, which is 26% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (WAR:MBG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł246.57, compared to a current price of zł199.88 — trading 18.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.28, which is 26% below median its 10-year median of 0.38 and 62.2% below the Vehicles & Parts industry median of 0.74. Mercedes-Benz Group AG'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 Mercedes-Benz Group AG (WAR:MBG), the current Cyclically Adjusted PS Ratio is 0.28 as of Jul. 18, 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 Mercedes-Benz Group AG (WAR:MBG) Overvalued in 2026?

Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued. The current stock price of zł199.88 is trading 18.9% below its estimated GF Value™ of zł246.57. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for WAR:MBG:

  • Cyclically Adjusted PS Ratio: 0.28 (26% below median its 10-year median of 0.38)
  • GF Value™: zł246.57 vs. price of zł199.88 (18.9% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 62.2% below the Vehicles & Parts median (#258 of 1042)

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


Mercedes-Benz Group AG Business Description

Address Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
82GF Score

Get the complete analysis for WAR:MBG

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

zł199.88
Price
zł246.57
GF Value