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Merko Ehitus ASFRA:MKS 58 Cyclically Adjusted PS Ratio is 1.08 as of Sep. 01, 2026, which is 50% above its 10-year median of 0.72. GuruFocus rates FRA:MKS with a GF Score™ of 58/100 and a GF Value™ of €13.38 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,364 Construction companies, Merko Ehitus AS ranks worse than 62.83% on this metric.
The historical rank and industry rank for Merko Ehitus AS's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:MKS'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39 Med: 0.72 Max: 1.35
Current: 1.07
During the past years, Merko Ehitus AS's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.39. And the median was 0.72.
FRA:MKS's Cyclically Adjusted PS Ratio is ranked worse than 62.83% of 1364
companies
in the Construction industry
Industry Median: 0.71
vs FRA:MKS: 1.07
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.
Merko Ehitus AS's adjusted revenue per share data for the three months ended in Jun. 2026 was €5.236. 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 €24.93 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Merko Ehitus AS (FRA:MKS) 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.
Merko Ehitus AS Cyclically Adjusted PS Ratio Related Terms
Merko Ehitus AS Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Merko Ehitus AS'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.
Merko Ehitus AS Cyclically Adjusted PS Ratio Chart
FRA:MKS vs PWR, FIX, EME: Cyclically Adjusted PS Ratio Comparison
For the Engineering & Construction subindustry, Merko Ehitus AS'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.
Merko Ehitus AS Cyclically Adjusted PS Ratio vs Construction Industry
For the Construction industry and Industrials sector, Merko Ehitus AS's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Merko Ehitus AS's Cyclically Adjusted PS Ratio falls into.
Merko Ehitus AS 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.
Merko Ehitus AS'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 1.08 mean?
Merko Ehitus AS (FRA:MKS) has a Cyclically Adjusted PS Ratio of 1.08 as of Sep. 01, 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 Merko Ehitus AS and its competitors. This is 50% above median its historical median of 0.72. Over the past decade, Merko Ehitus AS's Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.35. According to the industry distribution chart, Merko Ehitus AS ranks #857 out of 1364 companies in the Construction industry, placing it in the top 62.8%.
Is Merko Ehitus AS's Cyclically Adjusted PS Ratio too high?
Merko Ehitus AS's current Cyclically Adjusted PS Ratio of 1.08 is 50% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 1.35. The Construction industry median Cyclically Adjusted PS Ratio is 0.71. Merko Ehitus AS's value of 1.08 is 52.1% above this industry median. Based on the distribution chart, Merko Ehitus AS ranks #857 out of 1364 companies in the Construction industry, which is below the industry midpoint. Overall, Merko Ehitus AS has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merko Ehitus AS's Cyclically Adjusted PS Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Merko Ehitus AS ranks #857 out of 1364 companies for Cyclically Adjusted PS Ratio. This places Merko Ehitus AS in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.71. Merko Ehitus AS's value of 1.08 is 52.1% above this benchmark. Historically, Merko Ehitus AS's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 1.35 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.71, Merko Ehitus AS 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 Construction company?
The median Cyclically Adjusted PS Ratio among Construction companies is 0.71, based on 1,364 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. Merko Ehitus AS's current Cyclically Adjusted PS Ratio of 1.08 is 52.1% 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 Merko Ehitus AS and its competitors. For the Construction industry, the median Cyclically Adjusted PS Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merko Ehitus AS's current Cyclically Adjusted PS Ratio is 1.08, which is 50% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merko Ehitus AS stock overvalued right now?
Based on GuruFocus' analysis, Merko Ehitus AS (FRA:MKS) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.38, compared to a current price of €27.00 — trading 101.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.08, which is 50% above median its 10-year median of 0.72 and 52.1% above the Construction industry median of 0.71. Merko Ehitus AS's overall GF Score™ is 58/100 with 9 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 Merko Ehitus AS (FRA:MKS), the current Cyclically Adjusted PS Ratio is 1.08 as of Sep. 01, 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 Merko Ehitus AS (FRA:MKS) Overvalued in 2026?
Based on GuruFocus' analysis, Merko Ehitus AS stock appears to be overvalued.
The current stock price of €27.00 is trading 101.8% above its estimated GF Value™ of €13.38.
GuruFocus considers Merko Ehitus AS to be Significantly Overvalued.
Key valuation signals for FRA:MKS:
Cyclically Adjusted PS Ratio: 1.08 (50% above median its 10-year median of 0.72)
GF Value™: €13.38 vs. price of €27.00 (101.8% above fair value)
Industry Position: 52.1% above the Construction median (#857 of 1364)
No single metric tells the full story. See the FRA:MKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merko Ehitus AS is a construction company. The company is engaged in the business of general contracting of construction and on providing complete solutions in professional construction and real estate development. The company operates under two reportable segments: construction service and real estate development. Construction service contributes to the majority of the revenue. The Construction service segment includes all projects of the home markets in general construction, civil engineering, electrical construction and concrete works services. The firm operates mainly in Estonia, Lithuania, Latvia, and Norway. Geographically, the company generates the majority of its revenue from Estonia.
58GF Score
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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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