Managem (CAS:MNG) Cyclically Adjusted PS Ratio: 16.02 (As of Jul. 14, 2026) — 384% Above Median

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CAS:MNG Managem SA CAS:MNG
68 GF Score
Price MAD12,500.00
GF Value MAD5,286.63
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Managem Cyclically Adjusted PS Ratio?

Managem CAS:MNG -3.12% 68 Cyclically Adjusted PS Ratio is 16.02 as of Jul. 14, 2026, which is 384% above its 10-year median of 3.31. GuruFocus rates CAS:MNG with a GF Score™ of 68/100 and a GF Value™ of MAD5,286.63 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 576 Metals & Mining companies, Managem ranks worse than 91.67% on this metric.

As of today (2026-07-14), Managem's current share price is MAD12500.00. Managem's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was MAD780.24. Managem's Cyclically Adjusted PS Ratio for today is 16.02.

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

CAS:MNG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.87   Med: 3.31   Max: 21.28
Current: 16.54

During the past 13 years, Managem's highest Cyclically Adjusted PS Ratio was 21.28. The lowest was 0.87. And the median was 3.31.

CAS:MNG's Cyclically Adjusted PS Ratio is ranked worse than
91.67% of 576 companies
in the Metals & Mining industry
Industry Median: 2.105 vs CAS:MNG: 16.54

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.

Managem's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MAD1,242.436. 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 MAD780.24 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Managem  (CAS:MNG) 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.


Managem Cyclically Adjusted PS Ratio Related Terms


Managem Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Managem'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.

Managem Cyclically Adjusted PS Ratio Chart

Managem 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 2.91 4.06 2.63 4.13 8.20

Managem Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.63 0.00 4.13 0.00 8.20

Managem Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Managem'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.


Managem Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Managem's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CAS:MNG
68GF Score
Managem SA CAS:MNG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Managem 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12500.00/780.24
=16.02

* 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.

Managem's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Managem's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1242.436/324.0540*324.0540
=1,242.436

Current CPI (Dec25) = 324.0540.

Managem Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 470.634 241.432 631.693
201712 512.518 246.524 673.701
201812 435.081 251.233 561.191
201912 457.605 256.974 577.057
202012 465.037 260.474 578.549
202112 752.361 278.802 874.476
202212 964.889 296.797 1,053.502
202312 768.260 306.746 811.609
202412 777.354 315.605 798.164
202512 1,242.436 324.054 1,242.436

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 16.02 mean?
Managem (CAS:MNG) has a Cyclically Adjusted PS Ratio of 16.02 as of Jul. 14, 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 Managem and its competitors. This is 384% above median its historical median of 3.31. Over the past decade, Managem's Cyclically Adjusted PS Ratio has ranged from 0.87 to 21.28. According to the industry distribution chart, Managem ranks #528 out of 576 companies in the Metals & Mining industry, placing it in the top 91.7%.
Is Managem's Cyclically Adjusted PS Ratio too high?
Managem's current Cyclically Adjusted PS Ratio of 16.02 is 384% above median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 21.28. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.11. Managem's value of 16.02 is 661% above this industry median. Based on the distribution chart, Managem ranks #528 out of 576 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Managem has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Managem's Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Managem ranks #528 out of 576 companies for Cyclically Adjusted PS Ratio. This places Managem in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.11. Managem's value of 16.02 is 661% above this benchmark. Historically, Managem's own Cyclically Adjusted PS Ratio has ranged from 0.87 to 21.28 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 2.11, Managem 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 Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.11, based on 576 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. Managem's current Cyclically Adjusted PS Ratio of 16.02 is 661% 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 Managem and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Managem's current Cyclically Adjusted PS Ratio is 16.02, which is 384% above median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Managem stock overvalued right now?
Based on GuruFocus' analysis, Managem (CAS:MNG) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD5,286.63, compared to a current price of MAD12,500.00 — trading 136.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 16.02, which is 384% above median its 10-year median of 3.31 and 661% above the Metals & Mining industry median of 2.11. Managem's overall GF Score™ is 68/100 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 Managem (CAS:MNG), the current Cyclically Adjusted PS Ratio is 16.02 as of Jul. 14, 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 Managem (CAS:MNG) Overvalued in 2026?

Based on GuruFocus' analysis, Managem stock appears to be overvalued. The current stock price of MAD12,500.00 is trading 136.4% above its estimated GF Value™ of MAD5,286.63. GuruFocus considers Managem to be Significantly Overvalued.

Key valuation signals for CAS:MNG:

  • Cyclically Adjusted PS Ratio: 16.02 (384% above median its 10-year median of 3.31)
  • GF Value™: MAD5,286.63 vs. price of MAD12,500.00 (136.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 661% above the Metals & Mining median (#528 of 576)

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


Managem Business Description

Address Angle Boulevards Zerktouni et Al Massira Al Khadra, Twin Center, Tour A, Casablanca, MAR, BP 5199
Managem SA operates as an integrated mining group. The business operations include managing a portfolio of properties targeting precious metals such as gold and silver, and base metals which include copper, zinc, lead, cobalt and fluorite.
68GF Score

Get the complete analysis for CAS:MNG

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

MAD12,500.00
Price
MAD5,286.63
GF Value