Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Armada MercantileAAMTF 37 Cyclically Adjusted PS Ratio is 25.00 as of Jul. 30, 2026, which is 18% below its 10-year median of 30.50. GuruFocus rates AAMTF with a GF Score™ of 37/100 and a GF Value™ of $0.25 (Fairly Valued). The stock has 1 warning sign investors should review. Among 606 Capital Markets companies, Armada Mercantile ranks worse than 88.28% on this metric.
The historical rank and industry rank for Armada Mercantile's Cyclically Adjusted PS Ratio or its related term are showing as below:
AAMTF'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.5 Med: 30.5 Max: 70
Current: 15.27
During the past years, Armada Mercantile's highest Cyclically Adjusted PS Ratio was 70.00. The lowest was 2.50. And the median was 30.50.
AAMTF's Cyclically Adjusted PS Ratio is ranked worse than 88.28% of 606
companies
in the Capital Markets industry
Industry Median: 3.355
vs AAMTF: 15.27
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.
Armada Mercantile's adjusted revenue per share data for the three months ended in Feb. 2026 was $0.004. 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 $0.01 for the trailing ten years ended in Feb. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Armada Mercantile (OTCPK:AAMTF) 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.
Armada Mercantile Cyclically Adjusted PS Ratio Related Terms
Armada Mercantile Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Armada Mercantile'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.
Armada Mercantile Cyclically Adjusted PS Ratio Chart
AAMTF vs MS, GS, SCHW: Cyclically Adjusted PS Ratio Comparison
For the Capital Markets subindustry, Armada Mercantile'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.
Armada Mercantile Cyclically Adjusted PS Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Armada Mercantile's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Armada Mercantile's Cyclically Adjusted PS Ratio falls into.
Armada Mercantile 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.
Armada Mercantile'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 25.00 mean?
Armada Mercantile (AAMTF) has a Cyclically Adjusted PS Ratio of 25.00 as of Jul. 30, 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 Armada Mercantile and its competitors. This is 18% below median its historical median of 30.50. Over the past decade, Armada Mercantile's Cyclically Adjusted PS Ratio has ranged from 2.50 to 70.00. According to the industry distribution chart, Armada Mercantile ranks #535 out of 606 companies in the Capital Markets industry, placing it in the top 88.3%.
Is Armada Mercantile's Cyclically Adjusted PS Ratio too high?
Armada Mercantile's current Cyclically Adjusted PS Ratio of 25.00 is 18% below median its 10-year median of 30.50. Over the past 10 years, this metric has ranged from a low of 2.50 to a high of 70.00. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.36. Armada Mercantile's value of 25.00 is 645.2% above this industry median. Based on the distribution chart, Armada Mercantile ranks #535 out of 606 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Armada Mercantile has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Armada Mercantile's Cyclically Adjusted PS Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Armada Mercantile ranks #535 out of 606 companies for Cyclically Adjusted PS Ratio. This places Armada Mercantile in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.36. Armada Mercantile's value of 25.00 is 645.2% above this benchmark. Historically, Armada Mercantile's own Cyclically Adjusted PS Ratio has ranged from 2.50 to 70.00 over the past decade. While the company's 10-year median is 30.50 vs. the industry median of 3.36, Armada Mercantile 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 606 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. Armada Mercantile's current Cyclically Adjusted PS Ratio of 25.00 is 645.2% 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 Armada Mercantile 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. Armada Mercantile's current Cyclically Adjusted PS Ratio is 25.00, which is 18% below median its own 10-year median of 30.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armada Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Armada Mercantile (AAMTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.25, compared to a current price of $0.25 — trading right at its estimated fair value. The current Cyclically Adjusted PS Ratio is 25.00, which is 18% below median its 10-year median of 30.50 and 645.2% above the Capital Markets industry median of 3.36. Armada Mercantile's overall GF Score™ is 37/100 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 Armada Mercantile (AAMTF), the current Cyclically Adjusted PS Ratio is 25.00 as of Jul. 30, 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 Armada Mercantile (AAMTF) Overvalued in 2026?
Based on GuruFocus' analysis, Armada Mercantile stock appears to be undervalued.
The current stock price of $0.25 is trading 0% below its estimated GF Value™ of $0.25.
GuruFocus considers Armada Mercantile to be Fairly Valued.
Key valuation signals for AAMTF:
Cyclically Adjusted PS Ratio: 25.00 (18% below median its 10-year median of 30.50)
GF Value™: $0.25 vs. price of $0.25 (0% below fair value)
Industry Position: 645.2% above the Capital Markets median (#535 of 606)
No single metric tells the full story. See the AAMTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order, and other types of specialized finance.
37GF Score
Get the complete analysis for AAMTF
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AAMTF has been successfully added to your 
