Migdal Insurance & Financial Holdings (XTAE:MGDL) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

XTAE:MGDL Migdal Insurance & Financial Holdings Ltd XTAE:MGDL
66 GF Score
Price ₪21.39
GF Value ₪9.35
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Migdal Insurance & Financial Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Migdal Insurance & Financial Holdings  (XTAE:MGDL) 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.


Migdal Insurance & Financial Holdings Cyclically Adjusted PS Ratio Related Terms


Migdal Insurance & Financial Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Migdal Insurance & Financial Holdings'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.

Migdal Insurance & Financial Holdings Cyclically Adjusted PS Ratio Chart

Migdal Insurance & Financial Holdings 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 0.22 0.17 0.17 0.27 0.57

Migdal Insurance & Financial Holdings 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 0.36 0.43 0.57 0.60 0.58

XTAE:MGDL vs MET, AFL, PRU: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Life subindustry, Migdal Insurance & Financial Holdings'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.


Migdal Insurance & Financial Holdings Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Migdal Insurance & Financial Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Migdal Insurance & Financial Holdings's Cyclically Adjusted PS Ratio falls into.


XTAE:MGDL
66GF Score
Migdal Insurance & Financial Holdings Ltd XTAE:MGDL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Migdal Insurance & Financial Holdings 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.

Migdal Insurance & Financial Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Migdal Insurance & Financial Holdings'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)
=13.258/333.9520*333.9520
=13.258

Current CPI (Jun. 2026) = 333.9520.

Migdal Insurance & Financial Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.982 241.428 6.891
201612 5.162 241.432 7.140
201703 5.037 243.801 6.900
201706 5.196 244.955 7.084
201709 5.422 246.819 7.336
201712 6.960 246.524 9.428
201803 3.573 249.554 4.781
201806 5.522 251.989 7.318
201809 6.405 252.439 8.473
201812 -0.494 251.233 -0.657
201903 8.894 254.202 11.684
201906 6.748 256.143 8.798
201909 5.037 256.759 6.551
201912 8.399 256.974 10.915
202003 -8.763 258.115 -11.338
202006 9.983 257.797 12.932
202009 7.842 260.280 10.062
202012 11.717 260.474 15.022
202103 8.630 264.877 10.881
202106 9.353 271.696 11.496
202109 6.400 274.310 7.792
202112 10.360 278.802 12.409
202203 2.086 287.504 2.423
202206 -2.845 296.311 -3.206
202209 1.199 296.808 1.349
202212 5.651 296.797 6.358
202303 6.062 301.836 6.707
202306 8.429 305.109 9.226
202309 5.378 307.789 5.835
202312 7.154 306.746 7.789
202403 1.847 312.332 1.975
202406 2.975 314.175 3.162
202409 8.924 315.301 9.452
202412 10.022 315.605 10.605
202503 2.417 319.799 2.524
202506 13.287 322.561 13.756
202509 8.585 324.800 8.827
202512 9.734 324.054 10.031
202603 2.723 330.213 2.754
202606 13.258 333.952 13.258

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 Migdal Insurance & Financial Holdings (XTAE:MGDL) Overvalued in 2026?

Based on GuruFocus' analysis, Migdal Insurance & Financial Holdings stock appears to be overvalued. The current stock price of ₪21.39 is trading 128.8% above its estimated GF Value™ of ₪9.35. GuruFocus considers Migdal Insurance & Financial Holdings to be Significantly Overvalued.

Key valuation signals for XTAE:MGDL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: ₪9.35 vs. price of ₪21.39 (128.8% above fair value)
  • GF Score™: 66/100 with 7 warning signs

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


Migdal Insurance & Financial Holdings Business Description

Address 4 Efal Street, Kiryat-Aryeh, Petach Tikva, ISR, 49511
Migdal Insurance & Financial Holdings Ltd is a diversified insurance and finance company in Israel. The company provides a wide variety of insurance, pension, and financial asset management services. The group's key areas of activity include life insurance, health insurance, general insurance, and financial services. Migdal's asset management department includes divisions in credit, real estate, and private equity.
66GF Score

Get the complete analysis for XTAE:MGDL

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

₪21.39
Price
₪9.35
GF Value