WTW (Willis Towers Watson) Cyclically Adjusted PS Ratio: 3.68 (As of Aug. 05, 2026) — 16% Above Median

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WTW Willis Towers Watson PLC WTW
77 GF Score
Price $338.94
GF Value $329.25
Valuation Fairly Valued
! 5 Warning Signs
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What is Willis Towers Watson Cyclically Adjusted PS Ratio?

Willis Towers Watson WTW -0.20% 77 Cyclically Adjusted PS Ratio is 3.68 as of Aug. 05, 2026, which is 16% above its 10-year median of 3.16. GuruFocus rates WTW with a GF Score™ of 77/100 and a GF Value™ of $329.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 410 Insurance companies, Willis Towers Watson ranks worse than 86.34% on this metric.

As of today (2026-08-05), Willis Towers Watson's current share price is $338.94. Willis Towers Watson's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $92.07. Willis Towers Watson's Cyclically Adjusted PS Ratio for today is 3.68.

The historical rank and industry rank for Willis Towers Watson's Cyclically Adjusted PS Ratio or its related term are showing as below:

WTW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.05   Med: 3.16   Max: 4.28
Current: 3.71

During the past years, Willis Towers Watson's highest Cyclically Adjusted PS Ratio was 4.28. The lowest was 2.05. And the median was 3.16.

WTW's Cyclically Adjusted PS Ratio is ranked worse than
86.34% of 410 companies
in the Insurance industry
Industry Median: 1.235 vs WTW: 3.71

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.

Willis Towers Watson's adjusted revenue per share data for the three months ended in Jun. 2026 was $26.234. 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 $92.07 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Willis Towers Watson  (NAS:WTW) 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.


Willis Towers Watson Cyclically Adjusted PS Ratio Related Terms


Willis Towers Watson Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Willis Towers Watson'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.

Willis Towers Watson Cyclically Adjusted PS Ratio Chart

Willis Towers Watson 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 3.55 3.29 3.04 3.71 3.66

Willis Towers Watson 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 3.52 3.93 3.66 3.21 2.84

WTW vs BRO, ERIE, NP: Cyclically Adjusted PS Ratio Comparison

For the Insurance Brokers subindustry, Willis Towers Watson'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.


Willis Towers Watson Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Willis Towers Watson's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WTW
77GF Score
Willis Towers Watson PLC WTW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Willis Towers Watson 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.

Willis Towers Watson's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=338.94/92.07
=3.68

* 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.

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

For example, Willis Towers Watson'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)
=26.234/142.3000*142.3000
=26.234

Current CPI (Jun. 2026) = 142.3000.

Willis Towers Watson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 12.877 101.500 18.053
201612 14.066 102.200 19.585
201703 16.804 102.700 23.283
201706 14.255 103.500 19.599
201709 13.821 104.300 18.856
201712 15.624 105.000 21.174
201803 17.233 105.100 23.333
201806 14.962 105.900 20.105
201809 14.083 106.600 18.799
201812 17.970 107.100 23.876
201903 17.785 107.000 23.652
201906 15.754 107.900 20.777
201909 15.300 108.400 20.085
201912 15.546 108.500 20.389
202003 18.969 108.600 24.855
202006 16.254 108.800 21.259
202009 14.592 109.200 19.015
202012 20.531 109.400 26.705
202103 17.138 109.700 22.231
202106 16.085 111.400 20.547
202109 15.295 112.400 19.364
202112 21.476 114.700 26.644
202203 18.305 116.500 22.359
202206 18.134 120.500 21.415
202209 17.595 122.300 20.472
202212 24.972 125.300 28.360
202303 20.778 126.800 23.318
202306 20.178 129.400 22.190
202309 20.629 130.100 22.563
202312 28.291 130.500 30.849
202403 22.510 131.600 24.340
202406 21.990 133.000 23.528
202409 22.441 133.500 23.920
202412 30.657 135.100 32.291
202503 22.010 136.100 23.013
202506 22.610 138.400 23.247
202509 23.347 138.900 23.918
202512 30.583 139.900 31.108
202603 25.125 140.800 25.393
202606 26.234 142.300 26.234

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 3.68 mean?
Willis Towers Watson (WTW) has a Cyclically Adjusted PS Ratio of 3.68 as of Aug. 05, 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 Willis Towers Watson and its competitors. This is 16% above median its historical median of 3.16. Over the past decade, Willis Towers Watson's Cyclically Adjusted PS Ratio has ranged from 2.05 to 4.28. According to the industry distribution chart, Willis Towers Watson ranks #354 out of 410 companies in the Insurance industry, placing it in the top 86.3%.
Is Willis Towers Watson's Cyclically Adjusted PS Ratio too high?
Willis Towers Watson's current Cyclically Adjusted PS Ratio of 3.68 is 16% above median its 10-year median of 3.16. Over the past 10 years, this metric has ranged from a low of 2.05 to a high of 4.28. The Insurance industry median Cyclically Adjusted PS Ratio is 1.24. Willis Towers Watson's value of 3.68 is 198% above this industry median. Based on the distribution chart, Willis Towers Watson ranks #354 out of 410 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Willis Towers Watson has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Willis Towers Watson's Cyclically Adjusted PS Ratio compare to BRO and ERIE?
According to the Insurance industry distribution chart, Willis Towers Watson ranks #354 out of 410 companies for Cyclically Adjusted PS Ratio. This places Willis Towers Watson in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.24. Willis Towers Watson's value of 3.68 is 198% above this benchmark. Historically, Willis Towers Watson's own Cyclically Adjusted PS Ratio has ranged from 2.05 to 4.28 over the past decade. While the company's 10-year median is 3.16 vs. the industry median of 1.24, Willis Towers Watson 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 an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.24, based on 410 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. Willis Towers Watson's current Cyclically Adjusted PS Ratio of 3.68 is 198% 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 Willis Towers Watson and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Willis Towers Watson's current Cyclically Adjusted PS Ratio is 3.68, which is 16% above median its own 10-year median of 3.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willis Towers Watson stock overvalued right now?
Based on GuruFocus' analysis, Willis Towers Watson (WTW) is currently considered Fairly Valued. The stock's GF Value™ is $329.25, compared to a current price of $338.94 — trading 2.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.68, which is 16% above median its 10-year median of 3.16 and 198% above the Insurance industry median of 1.24. Willis Towers Watson's overall GF Score™ is 77/100 with 5 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 Willis Towers Watson (WTW), the current Cyclically Adjusted PS Ratio is 3.68 as of Aug. 05, 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 Willis Towers Watson (WTW) Overvalued in 2026?

Based on GuruFocus' analysis, Willis Towers Watson stock appears to be overvalued. The current stock price of $338.94 is trading 2.9% above its estimated GF Value™ of $329.25. GuruFocus considers Willis Towers Watson to be Fairly Valued.

Key valuation signals for WTW:

  • Cyclically Adjusted PS Ratio: 3.68 (16% above median its 10-year median of 3.16)
  • GF Value™: $329.25 vs. price of $338.94 (2.9% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 198% above the Insurance median (#354 of 410)

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


Willis Towers Watson Business Description

Address c/o Willis Group Limited, 51 Lime Street, London, GBR, EC3M 7DQ
Willis Towers Watson PLC is an advisory, broking, and solutions company that provides data-driven, insight-led solutions in the areas of people, risk, and capital. The company's segments include Health, Wealth & Career (HWC) and Risk & Broking (R&B). The HWC segment provides an array of advice, broking, solutions and technology for employee benefit plans, institutional investors, compensation and career programs, and employee experience overall. It focuses on four key areas: Health, Wealth, Career and Benefits Delivery & Outsourcing. The R&B segment provides risk advice, insurance brokerage and consulting services to clients ranging from small businesses to multinational corporations. Its R&B segment includes two businesses: Corporate Risk & Broking and Insurance Consulting and Technology.
77GF Score

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

$338.94
Price
$329.25
GF Value