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Mercator Medical (FRA:MM2) Cyclically Adjusted PS Ratio : 0.59 (As of May. 27, 2024)


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What is Mercator Medical Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Mercator Medical's current share price is €11.02. Mercator Medical's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €18.82. Mercator Medical's Cyclically Adjusted PS Ratio for today is 0.59.

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: 0.49   Med: 0.53   Max: 0.74
Current: 0.54

During the past years, Mercator Medical's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.49. And the median was 0.53.

FRA:MM2's Cyclically Adjusted PS Ratio is ranked better than
85.02% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.165 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 Dec. 2023 was €2.913. 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 €18.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercator Medical Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Mercator Medical Cyclically Adjusted PS Ratio Chart

Mercator Medical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.64 0.49

Mercator Medical Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.64 0.55 0.53 0.50 0.49

Competitive Comparison of Mercator Medical's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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
=11.02/18.82
=0.59

* 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 Dec. 2023 is calculated as:

For example, Mercator Medical's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.913/147.7411*147.7411
=2.913

Current CPI (Dec. 2023) = 147.7411.

Mercator Medical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.985 101.262 1.437
201406 1.116 101.180 1.630
201409 1.225 100.611 1.799
201412 1.310 100.122 1.933
201503 1.317 100.041 1.945
201506 1.457 100.448 2.143
201509 1.728 99.634 2.562
201512 1.685 99.471 2.503
201603 1.624 98.983 2.424
201606 1.852 99.552 2.748
201609 1.833 99.064 2.734
201612 1.444 100.366 2.126
201703 1.653 101.018 2.418
201706 1.684 101.180 2.459
201709 1.717 101.343 2.503
201712 1.702 102.564 2.452
201803 2.002 102.564 2.884
201806 1.983 103.378 2.834
201809 2.500 103.378 3.573
201812 2.958 103.785 4.211
201903 2.722 104.274 3.857
201906 3.062 105.983 4.268
201909 3.255 105.983 4.537
201912 3.084 107.123 4.253
202003 4.554 109.076 6.168
202006 8.374 109.402 11.309
202009 13.471 109.320 18.205
202012 14.905 109.565 20.098
202103 12.608 112.658 16.534
202106 12.260 113.960 15.894
202109 8.599 115.588 10.991
202112 6.778 119.088 8.409
202203 3.331 125.031 3.936
202206 3.633 131.705 4.075
202209 3.382 135.531 3.687
202212 2.860 139.113 3.037
202303 2.763 145.950 2.797
202306 3.026 147.009 3.041
202309 2.941 146.113 2.974
202312 2.913 147.741 2.913

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.


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

Thank you for viewing the detailed overview of Mercator Medical's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mercator Medical (FRA:MM2) Business Description

Traded in Other Exchanges
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.

Mercator Medical (FRA:MM2) Headlines

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