MastercardXSWX:MA 93 Cyclically Adjusted PS Ratio is 22.13 as of Jul. 13, 2026, which is 13% below its 10-year median of 25.40. GuruFocus rates XSWX:MA with a GF Score™ of 93/100 and a GF Value™ of CHF526.92. The stock has 1 warning sign investors should review. Among 419 Credit Services companies, Mastercard ranks worse than 92.36% on this metric.
The historical rank and industry rank for Mastercard's Cyclically Adjusted PS Ratio or its related term are showing as below:
XSWX:MA'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.49 Med: 25.4 Max: 35.89
Current: 21.83
During the past years, Mastercard's highest Cyclically Adjusted PS Ratio was 35.89. The lowest was 15.49. And the median was 25.40.
XSWX:MA's Cyclically Adjusted PS Ratio is ranked worse than 92.36% of 419
companies
in the Credit Services industry
Industry Median: 3.09
vs XSWX:MA: 21.83
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.
Mastercard's adjusted revenue per share data for the three months ended in Mar. 2026 was CHF7.404. 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 CHF19.02 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mastercard (XSWX:MA) 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.
Mastercard Cyclically Adjusted PS Ratio Related Terms
Mastercard Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Mastercard'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.
XSWX:MA vs V, AXP, COF: Cyclically Adjusted PS Ratio Comparison
For the Credit Services subindustry, Mastercard'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.
Mastercard Cyclically Adjusted PS Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Mastercard's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Mastercard's Cyclically Adjusted PS Ratio falls into.
Mastercard 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.
Mastercard's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 22.13 mean?
Mastercard (XSWX:MA) has a Cyclically Adjusted PS Ratio of 22.13 as of Jul. 13, 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 Mastercard and its competitors. This is 13% below median its historical median of 25.40. Over the past decade, Mastercard's Cyclically Adjusted PS Ratio has ranged from 15.49 to 35.89. According to the industry distribution chart, Mastercard ranks #387 out of 419 companies in the Credit Services industry, placing it in the top 92.4%.
Is Mastercard's Cyclically Adjusted PS Ratio too high?
Mastercard's current Cyclically Adjusted PS Ratio of 22.13 is 13% below median its 10-year median of 25.40. Over the past 10 years, this metric has ranged from a low of 15.49 to a high of 35.89. The Credit Services industry median Cyclically Adjusted PS Ratio is 3.09. Mastercard's value of 22.13 is 616.2% above this industry median. Based on the distribution chart, Mastercard ranks #387 out of 419 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Mastercard has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Mastercard's Cyclically Adjusted PS Ratio compare to V and AXP?
According to the Credit Services industry distribution chart, Mastercard ranks #387 out of 419 companies for Cyclically Adjusted PS Ratio. This places Mastercard in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.09. Mastercard's value of 22.13 is 616.2% above this benchmark. Historically, Mastercard's own Cyclically Adjusted PS Ratio has ranged from 15.49 to 35.89 over the past decade. While the company's 10-year median is 25.40 vs. the industry median of 3.09, Mastercard 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 a Credit Services company?
The median Cyclically Adjusted PS Ratio among Credit Services companies is 3.09, based on 419 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. Mastercard's current Cyclically Adjusted PS Ratio of 22.13 is 616.2% 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 Mastercard and its competitors. For the Credit Services industry, the median Cyclically Adjusted PS Ratio is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mastercard's current Cyclically Adjusted PS Ratio is 22.13, which is 13% below median its own 10-year median of 25.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mastercard stock overvalued right now?
Mastercard (XSWX:MA) has a current Cyclically Adjusted PS Ratio of 22.13. The stock's GF Value™ is CHF526.92, compared to a current price of CHF421.00 — trading 20.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 22.13, which is 13% below median its 10-year median of 25.40 and 616.2% above the Credit Services industry median of 3.09. Mastercard's overall GF Score™ is 93/100 with 1 warning sign 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 Mastercard (XSWX:MA), the current Cyclically Adjusted PS Ratio is 22.13 as of Jul. 13, 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 Mastercard (XSWX:MA) Overvalued in 2026?
Based on GuruFocus' analysis, Mastercard stock appears to be undervalued.
The current stock price of CHF421.00 is trading 20.1% below its estimated GF Value™ of CHF526.92.
Key valuation signals for XSWX:MA:
Cyclically Adjusted PS Ratio: 22.13 (13% below median its 10-year median of 25.40)
GF Value™: CHF526.92 vs. price of CHF421.00 (20.1% below fair value)
Industry Position: 616.2% above the Credit Services median (#387 of 419)
No single metric tells the full story. See the XSWX:MA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
93GF Score
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