McGrath RentCorp (FRA:MG8) Cyclically Adjusted PS Ratio: 3.80 (As of Aug. 05, 2026) — Near Median

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FRA:MG8 McGrath RentCorp FRA:MG8
91 GF Score
Price €102.00
GF Value €97.58
! 5 Warning Signs
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What is McGrath RentCorp Cyclically Adjusted PS Ratio?

McGrath RentCorp FRA:MG8 +3.55% 91 Cyclically Adjusted PS Ratio is 3.80 as of Aug. 05, 2026, which is 2% above its 10-year median of 3.74. GuruFocus rates FRA:MG8 with a GF Score™ of 91/100 and a GF Value™ of €97.58. The stock has 5 warning signs investors should review. Among 718 Business Services companies, McGrath RentCorp ranks worse than 86.35% on this metric.

As of today (2026-08-05), McGrath RentCorp's current share price is €102.00. McGrath RentCorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €26.86. McGrath RentCorp's Cyclically Adjusted PS Ratio for today is 3.80.

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

FRA:MG8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.04   Med: 3.74   Max: 5.14
Current: 3.8

During the past years, McGrath RentCorp's highest Cyclically Adjusted PS Ratio was 5.14. The lowest was 2.04. And the median was 3.74.

FRA:MG8's Cyclically Adjusted PS Ratio is ranked worse than
86.35% of 718 companies
in the Business Services industry
Industry Median: 0.91 vs FRA:MG8: 3.80

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.

McGrath RentCorp's adjusted revenue per share data for the three months ended in Jun. 2026 was €7.836. 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 €26.86 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


McGrath RentCorp  (FRA:MG8) 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.


McGrath RentCorp Cyclically Adjusted PS Ratio Related Terms


McGrath RentCorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for McGrath RentCorp'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.

McGrath RentCorp Cyclically Adjusted PS Ratio Chart

McGrath RentCorp 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 3.83 4.29 4.73 4.04 3.49

McGrath RentCorp 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 3.99 3.95 3.49 3.57 3.84

FRA:MG8 vs CTOS, VSTS, LIME: Cyclically Adjusted PS Ratio Comparison

For the Rental & Leasing Services subindustry, McGrath RentCorp'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.


McGrath RentCorp Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, McGrath RentCorp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:MG8
91GF Score
McGrath RentCorp FRA:MG8
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McGrath RentCorp 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.

McGrath RentCorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=102.00/26.86
=3.80

* 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.

McGrath RentCorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, McGrath RentCorp'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)
=7.836/333.9520*333.9520
=7.836

Current CPI (Jun. 2026) = 333.9520.

McGrath RentCorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.521 241.428 6.254
201612 4.153 241.432 5.744
201703 3.659 243.801 5.012
201706 4.048 244.955 5.519
201709 4.688 246.819 6.343
201712 4.220 246.524 5.717
201803 3.482 249.554 4.660
201806 4.073 251.989 5.398
201809 4.994 252.439 6.607
201812 4.774 251.233 6.346
201903 4.400 254.202 5.780
201906 4.589 256.143 5.983
201909 6.398 256.759 8.322
201912 5.361 256.974 6.967
202003 4.736 258.115 6.127
202006 4.996 257.797 6.472
202009 5.434 260.280 6.972
202012 5.009 260.474 6.422
202103 4.153 264.877 5.236
202106 4.962 271.696 6.099
202109 6.010 274.310 7.317
202112 3.378 278.802 4.046
202203 4.628 287.504 5.376
202206 5.920 296.311 6.672
202209 7.186 296.808 8.085
202212 7.039 296.797 7.920
202303 6.231 301.836 6.894
202306 7.645 305.109 8.368
202309 9.303 307.789 10.094
202312 8.282 306.746 9.017
202403 7.035 312.332 7.522
202406 8.042 314.175 8.548
202409 9.783 315.301 10.362
202412 9.467 315.605 10.017
202503 7.341 319.799 7.666
202506 8.298 322.561 8.591
202509 8.866 324.800 9.116
202512 8.896 324.054 9.168
202603 6.963 330.213 7.042
202606 7.836 333.952 7.836

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 3.80 mean?
McGrath RentCorp (FRA:MG8) has a Cyclically Adjusted PS Ratio of 3.80 as of Aug. 05, 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 McGrath RentCorp and its competitors. This is near median its historical median of 3.74. Over the past decade, McGrath RentCorp's Cyclically Adjusted PS Ratio has ranged from 2.04 to 5.14. According to the industry distribution chart, McGrath RentCorp ranks #620 out of 718 companies in the Business Services industry, placing it in the top 86.4%.
Is McGrath RentCorp's Cyclically Adjusted PS Ratio too high?
McGrath RentCorp's current Cyclically Adjusted PS Ratio of 3.80 is near median its 10-year median of 3.74. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 5.14. The Business Services industry median Cyclically Adjusted PS Ratio is 0.91. McGrath RentCorp's value of 3.80 is 317.6% above this industry median. Based on the distribution chart, McGrath RentCorp ranks #620 out of 718 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, McGrath RentCorp has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Cyclically Adjusted PS Ratio compare to CTOS and VSTS?
According to the Business Services industry distribution chart, McGrath RentCorp ranks #620 out of 718 companies for Cyclically Adjusted PS Ratio. This places McGrath RentCorp in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. McGrath RentCorp's value of 3.80 is 317.6% above this benchmark. Historically, McGrath RentCorp's own Cyclically Adjusted PS Ratio has ranged from 2.04 to 5.14 over the past decade. While the company's 10-year median is 3.74 vs. the industry median of 0.91, McGrath RentCorp 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.91, based on 718 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. McGrath RentCorp's current Cyclically Adjusted PS Ratio of 3.80 is 317.6% 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 McGrath RentCorp and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McGrath RentCorp's current Cyclically Adjusted PS Ratio is 3.80, which is near median its own 10-year median of 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McGrath RentCorp stock overvalued right now?
McGrath RentCorp (FRA:MG8) has a current Cyclically Adjusted PS Ratio of 3.80. The stock's GF Value™ is €97.58, compared to a current price of €102.00 — trading 4.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.80, which is near median its 10-year median of 3.74 and 317.6% above the Business Services industry median of 0.91. McGrath RentCorp's overall GF Score™ is 91/100 with 5 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 McGrath RentCorp (FRA:MG8), the current Cyclically Adjusted PS Ratio is 3.80 as of Aug. 05, 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 McGrath RentCorp (FRA:MG8) Overvalued in 2026?

Based on GuruFocus' analysis, McGrath RentCorp stock appears to be overvalued. The current stock price of €102.00 is trading 4.5% above its estimated GF Value™ of €97.58.

Key valuation signals for FRA:MG8:

  • Cyclically Adjusted PS Ratio: 3.80 (near median its 10-year median of 3.74)
  • GF Value™: €97.58 vs. price of €102.00 (4.5% above fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 317.6% above the Business Services median (#620 of 718)

No single metric tells the full story. See the FRA:MG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McGrath RentCorp Business Description

Other Exchanges MGRC:USAMG8:Germany
Address 5700 Las Positas Road, Livermore, CA, USA, 94551-7800
McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
91GF Score

Get the complete analysis for FRA:MG8

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

€102.00
Price
€97.58
GF Value