MSCI (MSCI) Cyclically Adjusted PS Ratio: 20.07 (As of Jun. 25, 2026) — 14% Below Median


MSCI MSCI Inc MSCI
95 GF Score
Price $577.29
GF Value $714.54
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is MSCI Cyclically Adjusted PS Ratio?

MSCI MSCI -0.73% 95 Cyclically Adjusted PS Ratio is 20.07 as of Jun. 25, 2026, which is 14% below its 10-year median of 23.29. GuruFocus rates MSCI with a GF Score™ of 95/100 and a GF Value™ of $714.54 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 601 Capital Markets companies, MSCI ranks worse than 91.35% on this metric.

As of today (2026-06-25), MSCI's current share price is $577.29. MSCI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $28.77. MSCI's Cyclically Adjusted PS Ratio for today is 20.07.

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

MSCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.49   Med: 23.29   Max: 47.07
Current: 20.21

During the past years, MSCI's highest Cyclically Adjusted PS Ratio was 47.07. The lowest was 10.49. And the median was 23.29.

MSCI's Cyclically Adjusted PS Ratio is ranked worse than
91.35% of 601 companies
in the Capital Markets industry
Industry Median: 3.36 vs MSCI: 20.21

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.

MSCI's adjusted revenue per share data for the three months ended in Mar. 2026 was $11.591. 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 $28.77 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSCI  (NYSE:MSCI) 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.


MSCI Cyclically Adjusted PS Ratio Related Terms


MSCI Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MSCI'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.

MSCI Cyclically Adjusted PS Ratio Chart

MSCI 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 40.18 25.61 26.99 24.94 20.88

MSCI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.60 22.26 21.18 20.88 18.74

MSCI vs COIN, NDAQ, CBOE: Cyclically Adjusted PS Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, MSCI'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.


MSCI Cyclically Adjusted PS Ratio vs Capital Markets Industry

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

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


MSCI
95GF Score
MSCI Inc MSCI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSCI 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.

MSCI's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=577.29/28.77
=20.07

* 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.

MSCI's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, MSCI'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)
=11.591/330.2130*330.2130
=11.591

Current CPI (Mar. 2026) = 330.2130.

MSCI Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.999 241.018 4.109
201609 3.021 241.428 4.132
201612 3.121 241.432 4.269
201703 3.287 243.801 4.452
201706 3.447 244.955 4.647
201709 3.506 246.819 4.691
201712 3.621 246.524 4.850
201803 3.794 249.554 5.020
201806 3.964 251.989 5.195
201809 3.917 252.439 5.124
201812 4.343 251.233 5.708
201903 4.336 254.202 5.633
201906 4.515 256.143 5.821
201909 4.608 256.759 5.926
201912 4.753 256.974 6.108
202003 4.872 258.115 6.233
202006 4.856 257.797 6.220
202009 5.035 260.280 6.388
202012 5.301 260.474 6.720
202103 5.730 264.877 7.143
202106 5.981 271.696 7.269
202109 6.189 274.310 7.450
202112 6.579 278.802 7.792
202203 6.805 287.504 7.816
202206 6.788 296.311 7.565
202209 6.932 296.808 7.712
202212 7.165 296.797 7.972
202303 7.358 301.836 8.050
202306 7.774 305.109 8.414
202309 7.867 307.789 8.440
202312 8.681 306.746 9.345
202403 8.552 312.332 9.042
202406 8.934 314.175 9.390
202409 9.205 315.301 9.640
202412 9.488 315.605 9.927
202503 9.586 319.799 9.898
202506 9.971 322.561 10.208
202509 10.361 324.800 10.534
202512 11.015 324.054 11.224
202603 11.591 330.213 11.591

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 20.07 mean?
MSCI (MSCI) has a Cyclically Adjusted PS Ratio of 20.07 as of Jun. 25, 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 MSCI and its competitors. This is 14% below median its historical median of 23.29. Over the past decade, MSCI's Cyclically Adjusted PS Ratio has ranged from 10.49 to 47.07. According to the industry distribution chart, MSCI ranks #549 out of 601 companies in the Capital Markets industry, placing it in the top 91.3%.
Is MSCI's Cyclically Adjusted PS Ratio too high?
MSCI's current Cyclically Adjusted PS Ratio of 20.07 is 14% below median its 10-year median of 23.29. Over the past 10 years, this metric has ranged from a low of 10.49 to a high of 47.07. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.36. MSCI's value of 20.07 is 497.3% above this industry median. Based on the distribution chart, MSCI ranks #549 out of 601 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, MSCI has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MSCI's Cyclically Adjusted PS Ratio compare to COIN and NDAQ?
According to the Capital Markets industry distribution chart, MSCI ranks #549 out of 601 companies for Cyclically Adjusted PS Ratio. This places MSCI in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. MSCI's value of 20.07 is 497.3% above this benchmark. Historically, MSCI's own Cyclically Adjusted PS Ratio has ranged from 10.49 to 47.07 over the past decade. While the company's 10-year median is 23.29 vs. the industry median of 3.36, MSCI 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 Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.36, based on 601 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. MSCI's current Cyclically Adjusted PS Ratio of 20.07 is 497.3% 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 MSCI and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSCI's current Cyclically Adjusted PS Ratio is 20.07, which is 14% below median its own 10-year median of 23.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSCI stock overvalued right now?
Based on GuruFocus' analysis, MSCI (MSCI) is currently considered Modestly Undervalued. The stock's GF Value™ is $714.54, compared to a current price of $577.29 — trading 19.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 20.07, which is 14% below median its 10-year median of 23.29 and 497.3% above the Capital Markets industry median of 3.36. MSCI's overall GF Score™ is 95/100 with 2 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 MSCI (MSCI), the current Cyclically Adjusted PS Ratio is 20.07 as of Jun. 25, 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 MSCI (MSCI) Overvalued in 2026?

Based on GuruFocus' analysis, MSCI stock appears to be undervalued. The current stock price of $577.29 is trading 19.2% below its estimated GF Value™ of $714.54. GuruFocus considers MSCI to be Modestly Undervalued.

Key valuation signals for MSCI:

  • Cyclically Adjusted PS Ratio: 20.07 (14% below median its 10-year median of 23.29)
  • GF Value™: $714.54 vs. price of $577.29 (19.2% below fair value)
  • GF Score™: 95/100 with 2 warning signs
  • Industry Position: 497.3% above the Capital Markets median (#549 of 601)

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


MSCI Business Description

Address 250 Greenwich Street, 49th Floor, 7 World Trade Center, New York, NY, USA, 10007
MSCI has described its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners. MSCI boasts over $18 trillion (as of December 2025) in benchmarked assets, including over $2.3 trillion in ETF assets linked to MSCI indexes. The MSCI analytics segment provides portfolio management and risk management analytics software to asset managers and asset owners. In its sustainability and climate segment, MSCI provides ESG data to the investment industry. In private assets, MSCI provides real restate reporting, market data, benchmarking, and analytics to investors and real estate managers.
95GF Score

Get the complete analysis for MSCI

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

$577.29
Price
$714.54
GF Value