Intercontinental Exchange (MEX:ICE) Cyclically Adjusted Revenue per Share: MXN335.34 (As of Mar. 2026)

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MEX:ICE Intercontinental Exchange Inc MEX:ICE
81 GF Score
Price MXN2,395.40
GF Value MXN2,793.66
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Intercontinental Exchange Cyclically Adjusted Revenue per Share?

Intercontinental Exchange MEX:ICE 81 Cyclically Adjusted Revenue per Share is MXN335.34 as of Mar. 2026. GuruFocus rates MEX:ICE with a GF Score™ of 81/100 and a GF Value™ of MXN2,793.66 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Intercontinental Exchange's adjusted revenue per share for the three months ended in Mar. 2026 was MXN115.979. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN335.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Intercontinental Exchange's average Cyclically Adjusted Revenue Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.90% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 16.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Intercontinental Exchange was 20.80% per year. The lowest was 10.70% per year. And the median was 17.00% per year.

As of today (2026-07-16), Intercontinental Exchange's current stock price is MXN2395.40. Intercontinental Exchange's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN335.34. Intercontinental Exchange's Cyclically Adjusted PS Ratio of today is 7.14.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Intercontinental Exchange was 13.36. The lowest was 6.89. And the median was 11.35.


Intercontinental Exchange  (MEX:ICE) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Intercontinental Exchange's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2395.40/335.34
=7.14

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Intercontinental Exchange was 13.36. The lowest was 6.89. And the median was 11.35.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Intercontinental Exchange Cyclically Adjusted Revenue per Share Related Terms


Intercontinental Exchange Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Intercontinental Exchange's Cyclically Adjusted Revenue per Share 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.

Intercontinental Exchange Cyclically Adjusted Revenue per Share Chart

Intercontinental Exchange Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.38 249.13 244.62 328.77 315.37

Intercontinental Exchange Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 338.61 314.53 328.03 315.37 335.34

MEX:ICE vs MCO, CME, NDAQ: Cyclically Adjusted Revenue per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange'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.


Intercontinental Exchange Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Intercontinental Exchange's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:ICE
81GF Score
Intercontinental Exchange Inc MEX:ICE
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercontinental Exchange Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Intercontinental Exchange's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=115.979/330.2130*330.2130
=115.979

Current CPI (Mar. 2026) = 330.2130.

Intercontinental Exchange Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 46.434 241.018 63.618
201609 45.632 241.428 62.413
201612 51.525 241.432 70.472
201703 46.239 243.801 62.628
201706 45.448 244.955 61.266
201709 43.991 246.819 58.854
201712 47.886 246.524 64.142
201803 48.984 249.554 64.816
201806 52.624 251.989 68.960
201809 47.509 252.439 62.146
201812 57.466 251.233 75.532
201903 53.872 254.202 69.981
201906 55.455 256.143 71.491
201909 58.314 256.759 74.997
201912 55.942 256.974 71.886
202003 89.356 258.115 114.315
202006 82.658 257.797 105.877
202009 77.379 260.280 98.169
202012 78.757 260.474 99.843
202103 87.878 264.877 109.554
202106 75.185 271.696 91.378
202109 82.720 274.310 99.578
202112 84.525 278.802 100.111
202203 86.811 287.504 99.707
202206 86.687 296.311 96.605
202209 85.740 296.808 95.390
202212 82.606 296.797 91.907
202303 79.426 301.836 86.893
202306 71.387 305.109 77.261
202309 74.886 307.789 80.342
202312 78.839 306.746 84.870
202403 80.845 312.332 85.473
202406 92.301 314.175 97.013
202409 103.502 315.301 108.397
202412 109.710 315.605 114.788
202503 114.488 319.799 118.216
202506 106.819 322.561 109.353
202509 96.099 324.800 97.701
202512 98.905 324.054 100.785
202603 115.979 330.213 115.979

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN335.34 mean?
Intercontinental Exchange (MEX:ICE) has a Cyclically Adjusted Revenue per Share of MXN335.34 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Intercontinental Exchange and its competitors.
Is Intercontinental Exchange's Cyclically Adjusted Revenue per Share too high?
Intercontinental Exchange's current Cyclically Adjusted Revenue per Share is MXN335.34. Overall, Intercontinental Exchange has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intercontinental Exchange's Cyclically Adjusted Revenue per Share compare to MCO and CME?
Intercontinental Exchange's Cyclically Adjusted Revenue per Share of MXN335.34 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Intercontinental Exchange and its competitors. Intercontinental Exchange's current Cyclically Adjusted Revenue per Share is MXN335.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercontinental Exchange stock overvalued right now?
Based on GuruFocus' analysis, Intercontinental Exchange (MEX:ICE) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,793.66, compared to a current price of MXN2,395.40 — trading 14.3% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN335.34. Intercontinental Exchange's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Intercontinental Exchange (MEX:ICE), the current Cyclically Adjusted Revenue per Share is MXN335.34 as of Mar. 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 Intercontinental Exchange (MEX:ICE) Overvalued in 2026?

Based on GuruFocus' analysis, Intercontinental Exchange stock appears to be undervalued. The current stock price of MXN2,395.40 is trading 14.3% below its estimated GF Value™ of MXN2,793.66. GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.

Key valuation signals for MEX:ICE:

  • Cyclically Adjusted Revenue per Share: MXN335.34
  • GF Value™: MXN2,793.66 vs. price of MXN2,395.40 (14.3% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Intercontinental Exchange Business Description

Address 5660 New Northside Drive, Atlanta, GA, USA, 30328
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data-services segment (24% of net revenue).
81GF Score

Get the complete analysis for MEX:ICE

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

MXN2,395.40
Price
MXN2,793.66
GF Value