Mercedes-Benz Group AG (WAR:MBG) Cyclically Adjusted PS Ratio: 0.27 (As of Aug. 22, 2026) — 29% Below Median

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WAR:MBG Mercedes-Benz Group AG WAR:MBG
79 GF Score
Price zł193.14
GF Value zł233.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Mercedes-Benz Group AG Cyclically Adjusted PS Ratio?

Mercedes-Benz Group AG WAR:MBG +0.18% 79 Cyclically Adjusted PS Ratio is 0.27 as of Aug. 22, 2026, which is 29% below its 10-year median of 0.38. GuruFocus rates WAR:MBG with a GF Score™ of 79/100 and a GF Value™ of zł233.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,037 Vehicles & Parts companies, Mercedes-Benz Group AG ranks better than 74.35% on this metric.

As of today (2026-08-22), Mercedes-Benz Group AG's current share price is zł193.14. Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was zł713.97. Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio for today is 0.27.

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
74.35% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 0.75 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 Jun. 2026 was zł145.999. 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 zł713.97 for the trailing ten years ended in Jun. 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
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 0.30 0.32 0.36 0.31 0.26

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
79GF Score
Mercedes-Benz Group AG WAR:MBG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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
=193.14/713.97
=0.27

* 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 Jun. 2026 is calculated as:

For example, Mercedes-Benz Group AG'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)
=145.999/131.3638*131.3638
=145.999

Current CPI (Jun. 2026) = 131.3638.

Mercedes-Benz Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 149.524 101.017 194.443
201612 149.357 101.217 193.842
201703 142.432 101.417 184.490
201706 159.842 102.117 205.622
201709 167.629 102.717 214.379
201712 178.154 102.617 228.061
201803 169.346 102.917 216.154
201806 164.344 104.017 207.551
201809 161.957 104.718 203.168
201812 183.031 104.217 230.707
201903 154.847 104.217 195.181
201906 166.346 105.718 206.700
201909 164.489 106.018 203.814
201912 181.636 105.818 225.486
202003 141.971 105.718 176.412
202006 117.327 106.618 144.559
202009 128.555 105.818 159.590
202012 154.042 105.518 191.774
202103 135.118 107.518 165.085
202106 141.911 108.486 171.838
202109 128.514 109.435 154.266
202112 137.445 110.384 163.569
202203 132.511 113.968 152.737
202206 132.961 115.760 150.883
202209 128.896 118.818 142.506
202212 149.927 119.345 165.026
202303 138.645 122.402 148.796
202306 143.600 123.140 153.190
202309 137.034 124.195 144.944
202312 153.885 123.773 163.323
202403 138.661 125.038 145.676
202406 142.852 125.882 149.073
202409 139.611 126.198 145.326
202412 153.714 127.041 158.944
202503 137.742 127.779 141.606
202506 146.604 128.412 149.974
202509 144.696 129.255 147.056
202512 151.601 129.361 153.949
202603 141.561 131.258 141.675
202606 145.999 131.364 145.999

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 0.27 mean?
Mercedes-Benz Group AG (WAR:MBG) has a Cyclically Adjusted PS Ratio of 0.27 as of Aug. 22, 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 29% 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 #266 out of 1037 companies in the Vehicles & Parts industry, placing it in the top 25.7%.
Is Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio too high?
Mercedes-Benz Group AG's current Cyclically Adjusted PS Ratio of 0.27 is 29% 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 0.75. Mercedes-Benz Group AG's value of 0.27 is 64% below this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #266 out of 1037 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Mercedes-Benz Group AG has a GF Score™ of 79/100 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 #266 out of 1037 companies for Cyclically Adjusted PS Ratio. This puts Mercedes-Benz Group AG in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.75. Mercedes-Benz Group AG's value of 0.27 is 64% 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 0.75, 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 0.75, based on 1,037 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 0.27 is 64% 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 0.75 — 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 0.27, which is 29% 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 zł233.70, compared to a current price of zł193.14 — trading 17.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.27, which is 29% below median its 10-year median of 0.38 and 64% below the Vehicles & Parts industry median of 0.75. Mercedes-Benz Group AG's overall GF Score™ is 79/100 with 4 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 0.27 as of Aug. 22, 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 zł193.14 is trading 17.4% below its estimated GF Value™ of zł233.70. GuruFocus considers Mercedes-Benz Group AG to be Modestly Undervalued.

Key valuation signals for WAR:MBG:

  • Cyclically Adjusted PS Ratio: 0.27 (29% below median its 10-year median of 0.38)
  • GF Value™: zł233.70 vs. price of zł193.14 (17.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 64% below the Vehicles & Parts median (#266 of 1037)

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%.
79GF 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.

zł193.14
Price
zł233.70
GF Value