Navios Maritime Partners LP (FRA:3PXA) Cyclically Adjusted PS Ratio: 2.27 (As of Aug. 29, 2026) — 255% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

FRA:3PXA Navios Maritime Partners LP FRA:3PXA
70 GF Score
Price €72.24
GF Value €44.46
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Navios Maritime Partners LP Cyclically Adjusted PS Ratio?

Navios Maritime Partners LP FRA:3PXA -0.95% 70 Cyclically Adjusted PS Ratio is 2.27 as of Aug. 29, 2026, which is 255% above its 10-year median of 0.64. GuruFocus rates FRA:3PXA with a GF Score™ of 70/100 and a GF Value™ of €44.46 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 761 Transportation companies, Navios Maritime Partners LP ranks worse than 75.3% on this metric.

As of today (2026-08-29), Navios Maritime Partners LP's current share price is €72.24. Navios Maritime Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €31.76. Navios Maritime Partners LP's Cyclically Adjusted PS Ratio for today is 2.27.

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

FRA:3PXA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.64   Max: 2.27
Current: 2.27

During the past years, Navios Maritime Partners LP's highest Cyclically Adjusted PS Ratio was 2.27. The lowest was 0.11. And the median was 0.64.

FRA:3PXA's Cyclically Adjusted PS Ratio is ranked worse than
75.3% of 761 companies
in the Transportation industry
Industry Median: 0.93 vs FRA:3PXA: 2.27

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.

Navios Maritime Partners LP's adjusted revenue per share data for the three months ended in Jun. 2026 was €12.518. 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 €31.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Navios Maritime Partners LP  (FRA:3PXA) 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.


Navios Maritime Partners LP Cyclically Adjusted PS Ratio Related Terms


Navios Maritime Partners LP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Navios Maritime Partners LP'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.

Navios Maritime Partners LP Cyclically Adjusted PS Ratio Chart

Navios Maritime Partners LP 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 0.73 0.74 0.78 1.21 1.44

Navios Maritime Partners LP 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 1.04 1.24 1.44 1.80 1.82

FRA:3PXA vs DAC, CMRE, SFL: Cyclically Adjusted PS Ratio Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP'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.


Navios Maritime Partners LP Cyclically Adjusted PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Navios Maritime Partners LP's Cyclically Adjusted PS Ratio falls into.


FRA:3PXA
70GF Score
Navios Maritime Partners LP FRA:3PXA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navios Maritime Partners LP 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.

Navios Maritime Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.24/31.76
=2.27

* 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.

Navios Maritime Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Navios Maritime Partners LP'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)
=12.518/126.7200*126.7200
=12.518

Current CPI (Jun. 2026) = 126.7200.

Navios Maritime Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.098 99.878 10.274
201612 8.489 100.110 10.745
201703 6.442 100.770 8.101
201706 4.898 101.138 6.137
201709 5.185 100.882 6.513
201712 5.125 100.762 6.445
201803 4.179 100.534 5.267
201806 4.532 102.121 5.624
201809 4.878 101.982 6.061
201812 4.595 101.330 5.746
201903 3.759 101.482 4.694
201906 3.922 101.837 4.880
201909 5.367 101.906 6.674
201912 5.117 102.120 6.350
202003 3.879 101.479 4.844
202006 3.811 100.239 4.818
202009 4.995 99.886 6.337
202012 5.077 99.751 6.450
202103 4.772 99.817 6.058
202106 5.548 101.270 6.942
202109 7.255 102.095 9.005
202112 7.998 104.853 9.666
202203 7.115 108.651 8.298
202206 8.792 113.517 9.815
202209 10.788 114.371 11.953
202212 11.609 112.428 13.085
202303 9.578 113.620 10.682
202306 10.609 115.515 11.638
202309 10.032 116.234 10.937
202312 9.942 116.364 10.827
202403 9.709 117.285 10.490
202406 10.538 118.129 11.304
202409 10.242 119.650 10.847
202412 10.660 119.360 11.317
202503 9.510 120.133 10.031
202506 9.705 121.399 10.130
202509 10.201 121.950 10.600
202512 10.858 122.450 11.237
202603 10.806 124.820 10.970
202606 12.518 126.720 12.518

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 2.27 mean?
Navios Maritime Partners LP (FRA:3PXA) has a Cyclically Adjusted PS Ratio of 2.27 as of Aug. 29, 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 Navios Maritime Partners LP and its competitors. This is 255% above median its historical median of 0.64. Over the past decade, Navios Maritime Partners LP's Cyclically Adjusted PS Ratio has ranged from 0.11 to 2.27. According to the industry distribution chart, Navios Maritime Partners LP ranks #573 out of 761 companies in the Transportation industry, placing it in the top 75.3%.
Is Navios Maritime Partners LP's Cyclically Adjusted PS Ratio too high?
Navios Maritime Partners LP's current Cyclically Adjusted PS Ratio of 2.27 is 255% above median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 2.27. The Transportation industry median Cyclically Adjusted PS Ratio is 0.93. Navios Maritime Partners LP's value of 2.27 is 144.1% above this industry median. Based on the distribution chart, Navios Maritime Partners LP ranks #573 out of 761 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Navios Maritime Partners LP has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navios Maritime Partners LP's Cyclically Adjusted PS Ratio compare to DAC and CMRE?
According to the Transportation industry distribution chart, Navios Maritime Partners LP ranks #573 out of 761 companies for Cyclically Adjusted PS Ratio. This places Navios Maritime Partners LP in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.93. Navios Maritime Partners LP's value of 2.27 is 144.1% above this benchmark. Historically, Navios Maritime Partners LP's own Cyclically Adjusted PS Ratio has ranged from 0.11 to 2.27 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.93, Navios Maritime Partners LP 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.93, based on 761 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. Navios Maritime Partners LP's current Cyclically Adjusted PS Ratio of 2.27 is 144.1% 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 Navios Maritime Partners LP and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navios Maritime Partners LP's current Cyclically Adjusted PS Ratio is 2.27, which is 255% above median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navios Maritime Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Navios Maritime Partners LP (FRA:3PXA) is currently considered Significantly Overvalued. The stock's GF Value™ is €44.46, compared to a current price of €72.24 — trading 62.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.27, which is 255% above median its 10-year median of 0.64 and 144.1% above the Transportation industry median of 0.93. Navios Maritime Partners LP's overall GF Score™ is 70/100 with 8 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 Navios Maritime Partners LP (FRA:3PXA), the current Cyclically Adjusted PS Ratio is 2.27 as of Aug. 29, 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 Navios Maritime Partners LP (FRA:3PXA) Overvalued in 2026?

Based on GuruFocus' analysis, Navios Maritime Partners LP stock appears to be overvalued. The current stock price of €72.24 is trading 62.5% above its estimated GF Value™ of €44.46. GuruFocus considers Navios Maritime Partners LP to be Significantly Overvalued.

Key valuation signals for FRA:3PXA:

  • Cyclically Adjusted PS Ratio: 2.27 (255% above median its 10-year median of 0.64)
  • GF Value™: €44.46 vs. price of €72.24 (62.5% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 144.1% above the Transportation median (#573 of 761)

No single metric tells the full story. See the FRA:3PXA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Navios Maritime Partners LP Business Description

Other Exchanges NMM:USA
Address c/o Navios Shipmanagement Inc, 85 Akti Miaouli, Piraeus, GRC, 18538
Navios Maritime Partners LP is an international owner and operator of dry cargo and tanker vessels. Its vessels are generally chartered-out under short-term, medium-term and long-term time charters with an average remaining charter duration of approximately 2.1 years to a group of counterparties. Its fleet consisted of dry bulk vessels, containerships and tanker vessels, including two newbuilding capesize vessels, newbuilding containerships and newbuilding tankers. It operates in single segment.
70GF Score

Get the complete analysis for FRA:3PXA

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

€72.24
Price
€44.46
GF Value