Mondelez International (WBO:MDLZ) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

WBO:MDLZ Mondelez International Inc WBO:MDLZ
79 GF Score
Price €53.06
GF Value €67.61
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Mondelez International Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mondelez International  (WBO:MDLZ) 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.


Mondelez International Cyclically Adjusted PS Ratio Related Terms


Mondelez International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mondelez International'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.

Mondelez International Cyclically Adjusted PS Ratio Chart

Mondelez International 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 3.33 3.32 3.26 2.71 2.08

Mondelez International 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 2.63 2.41 2.07 2.18 2.22

WBO:MDLZ vs HSY, TR, SOWG: Cyclically Adjusted PS Ratio Comparison

For the Confectioners subindustry, Mondelez International'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.


Mondelez International Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

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

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


WBO:MDLZ
79GF Score
Mondelez International Inc WBO:MDLZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mondelez International 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.

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

For example, Mondelez International'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)
=6.252/333.9520*333.9520
=6.252

Current CPI (Jun. 2026) = 333.9520.

Mondelez International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 3.636 241.428 5.029
201612 4.027 241.432 5.570
201703 3.883 243.801 5.319
201706 3.534 244.955 4.818
201709 3.651 246.819 4.940
201712 3.910 246.524 5.297
201803 3.657 249.554 4.894
201806 3.448 251.989 4.570
201809 3.653 252.439 4.833
201812 4.038 251.233 5.368
201903 3.941 254.202 5.177
201906 3.700 256.143 4.824
201909 3.920 256.759 5.099
201912 4.297 256.974 5.584
202003 4.213 258.115 5.451
202006 3.730 257.797 4.832
202009 3.957 260.280 5.077
202012 4.254 260.474 5.454
202103 4.226 264.877 5.328
202106 3.894 271.696 4.786
202109 4.327 274.310 5.268
202112 4.769 278.802 5.712
202203 4.951 287.504 5.751
202206 4.914 296.311 5.538
202209 5.589 296.808 6.288
202212 6.203 296.797 6.980
202303 6.222 301.836 6.884
202306 5.701 305.109 6.240
202309 6.058 307.789 6.573
202312 6.351 306.746 6.914
202403 6.317 312.332 6.754
202406 5.749 314.175 6.111
202409 6.234 315.301 6.603
202412 6.719 315.605 7.110
202503 6.781 319.799 7.081
202506 6.102 322.561 6.317
202509 6.434 324.800 6.615
202512 6.980 324.054 7.193
202603 6.700 330.213 6.776
202606 6.252 333.952 6.252

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 Mondelez International (WBO:MDLZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mondelez International stock appears to be undervalued. The current stock price of €53.06 is trading 21.5% below its estimated GF Value™ of €67.61. GuruFocus considers Mondelez International to be Modestly Undervalued.

Key valuation signals for WBO:MDLZ:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €67.61 vs. price of €53.06 (21.5% below fair value)
  • GF Score™: 79/100 with 4 warning signs

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


Mondelez International Business Description

Address 905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607
Mondelez has operated independently since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack enclave with a presence in the biscuit (48% of sales as of the end of fiscal 2025), chocolate (33%), gum/candy (10%), beverage (3%), and cheese and grocery (6%) aisles. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury. The firm derives around one-third of its revenue from developing markets, around 40% from Europe, and more than one-fourth from North America.
79GF Score

Get the complete analysis for WBO:MDLZ

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

€53.06
Price
€67.61
GF Value