Mercator Medical (FRA:MM2) Cyclically Adjusted PS Ratio: 0.58 (As of Aug. 10, 2026) — 14% Above Median

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FRA:MM2 Mercator Medical SA FRA:MM2
67 GF Score
Price €11.76
GF Value €10.68
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mercator Medical Cyclically Adjusted PS Ratio?

Mercator Medical FRA:MM2 -2.97% 67 Cyclically Adjusted PS Ratio is 0.58 as of Aug. 10, 2026, which is 14% above its 10-year median of 0.51. GuruFocus rates FRA:MM2 with a GF Score™ of 67/100 and a GF Value™ of €10.68 (Fairly Valued). The stock has 2 warning signs investors should review. Among 526 Medical Devices & Instruments companies, Mercator Medical ranks better than 81.37% on this metric.

As of today (2026-08-10), Mercator Medical's current share price is €11.76. Mercator Medical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €20.27. Mercator Medical's Cyclically Adjusted PS Ratio for today is 0.58.

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

FRA:MM2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.51   Max: 0.74
Current: 0.54

During the past years, Mercator Medical's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.40. And the median was 0.51.

FRA:MM2's Cyclically Adjusted PS Ratio is ranked better than
81.37% of 526 companies
in the Medical Devices & Instruments industry
Industry Median: 2.305 vs FRA:MM2: 0.54

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.

Mercator Medical's adjusted revenue per share data for the three months ended in Mar. 2026 was €3.744. 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 €20.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercator Medical  (FRA:MM2) 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.


Mercator Medical Cyclically Adjusted PS Ratio Related Terms


Mercator Medical Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mercator Medical'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.

Mercator Medical Cyclically Adjusted PS Ratio Chart

Mercator Medical 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 0.00 0.64 0.49 0.53 0.40

Mercator Medical Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.48 0.50 0.47 0.40 0.52

FRA:MM2 vs ISRG, BDX, MDLN: Cyclically Adjusted PS Ratio Comparison

For the Medical Instruments & Supplies subindustry, Mercator Medical'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.


Mercator Medical Cyclically Adjusted PS Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mercator Medical's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:MM2
67GF Score
Mercator Medical SA FRA:MM2
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercator Medical 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.

Mercator Medical's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.76/20.27
=0.58

* 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.

Mercator Medical's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Mercator Medical's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3.744/163.0700*163.0700
=3.744

Current CPI (Mar. 2026) = 163.0700.

Mercator Medical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.830 99.552 2.998
201609 1.812 99.064 2.983
201612 1.427 100.366 2.319
201703 1.634 101.018 2.638
201706 1.664 101.180 2.682
201709 1.697 101.343 2.731
201712 1.682 102.564 2.674
201803 1.978 102.564 3.145
201806 1.960 103.378 3.092
201809 2.471 103.378 3.898
201812 2.924 103.785 4.594
201903 2.690 104.274 4.207
201906 3.026 105.983 4.656
201909 3.217 105.983 4.950
201912 3.048 107.123 4.640
202003 4.502 109.076 6.731
202006 8.277 109.402 12.337
202009 13.315 109.320 19.862
202012 14.732 109.565 21.926
202103 12.462 112.658 18.039
202106 12.118 113.960 17.340
202109 8.500 115.588 11.992
202112 6.699 119.088 9.173
202203 3.293 125.031 4.295
202206 3.591 131.705 4.446
202209 3.343 135.531 4.022
202212 2.827 139.113 3.314
202303 2.731 145.950 3.051
202306 2.991 147.009 3.318
202309 2.906 146.113 3.243
202312 2.879 147.741 3.178
202403 3.268 149.044 3.576
202406 3.067 150.997 3.312
202409 3.482 153.439 3.701
202412 3.769 154.660 3.974
202503 3.745 157.021 3.889
202506 3.634 157.509 3.762
202509 3.692 158.000 3.810
202512 3.548 158.320 3.654
202603 3.744 163.070 3.744

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 0.58 mean?
Mercator Medical (FRA:MM2) has a Cyclically Adjusted PS Ratio of 0.58 as of Aug. 10, 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 Mercator Medical and its competitors. This is 14% above median its historical median of 0.51. Over the past decade, Mercator Medical's Cyclically Adjusted PS Ratio has ranged from 0.40 to 0.74. According to the industry distribution chart, Mercator Medical ranks #98 out of 526 companies in the Medical Devices & Instruments industry, placing it in the top 18.6%.
Is Mercator Medical's Cyclically Adjusted PS Ratio too high?
Mercator Medical's current Cyclically Adjusted PS Ratio of 0.58 is 14% above median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.74. The Medical Devices & Instruments industry median Cyclically Adjusted PS Ratio is 2.31. Mercator Medical's value of 0.58 is 74.8% below this industry median. Based on the distribution chart, Mercator Medical ranks #98 out of 526 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Mercator Medical has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercator Medical's Cyclically Adjusted PS Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Mercator Medical ranks #98 out of 526 companies for Cyclically Adjusted PS Ratio. This places Mercator Medical in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.31. Mercator Medical's value of 0.58 is 74.8% below this benchmark. Historically, Mercator Medical's own Cyclically Adjusted PS Ratio has ranged from 0.40 to 0.74 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 2.31, Mercator Medical has consistently been below 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 Medical Devices & Instruments company?
The median Cyclically Adjusted PS Ratio among Medical Devices & Instruments companies is 2.31, based on 526 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. Mercator Medical's current Cyclically Adjusted PS Ratio of 0.58 is 74.8% below 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 Mercator Medical and its competitors. For the Medical Devices & Instruments industry, the median Cyclically Adjusted PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercator Medical's current Cyclically Adjusted PS Ratio is 0.58, which is 14% above median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercator Medical stock overvalued right now?
Based on GuruFocus' analysis, Mercator Medical (FRA:MM2) is currently considered Fairly Valued. The stock's GF Value™ is €10.68, compared to a current price of €11.76 — trading 10.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.58, which is 14% above median its 10-year median of 0.51 and 74.8% below the Medical Devices & Instruments industry median of 2.31. Mercator Medical's overall GF Score™ is 67/100 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 Mercator Medical (FRA:MM2), the current Cyclically Adjusted PS Ratio is 0.58 as of Aug. 10, 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 Mercator Medical (FRA:MM2) Overvalued in 2026?

Based on GuruFocus' analysis, Mercator Medical stock appears to be overvalued. The current stock price of €11.76 is trading 10.1% above its estimated GF Value™ of €10.68. GuruFocus considers Mercator Medical to be Fairly Valued.

Key valuation signals for FRA:MM2:

  • Cyclically Adjusted PS Ratio: 0.58 (14% above median its 10-year median of 0.51)
  • GF Value™: €10.68 vs. price of €11.76 (10.1% above fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 74.8% below the Medical Devices & Instruments median (#98 of 526)

No single metric tells the full story. See the FRA:MM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercator Medical Business Description

Other Exchanges MRC:Poland
Address Ulica H. Modrzejewska 30, Krakow, POL, 31-327
Mercator Medical SA produces and sells medical gloves and distributor of medical disposables. The company's products - mainly gloves, dressings, disposable clothing and surgical drapes. It operates in Europe and Russia.
67GF Score

Get the complete analysis for FRA:MM2

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

€11.76
Price
€10.68
GF Value