Mercator Medical (FRA:MM2) Cyclically Adjusted PS Ratio: 0.57 (As of Jul. 14, 2026) — 12% Above Median

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FRA:MM2 Mercator Medical SA FRA:MM2
62 GF Score
Price €11.56
GF Value €10.65
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mercator Medical Cyclically Adjusted PS Ratio?

Mercator Medical FRA:MM2 -1.70% 62 Cyclically Adjusted PS Ratio is 0.57 as of Jul. 14, 2026, which is 12% above its 10-year median of 0.51. GuruFocus rates FRA:MM2 with a GF Score™ of 62/100 and a GF Value™ of €10.65 (Fairly Valued). The stock has 2 warning signs investors should review. Among 524 Medical Devices & Instruments companies, Mercator Medical ranks better than 82.06% on this metric.

As of today (2026-07-14), Mercator Medical's current share price is €11.56. 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 0.57.

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: 0.53

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
82.06% of 524 companies
in the Medical Devices & Instruments industry
Industry Median: 2.255 vs FRA:MM2: 0.53

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 €3.634. 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
62GF 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
=11.56/20.27
=0.57

* 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)
=3.634/163.0700*163.0700
=3.634

Current CPI (Mar. 2026) = 163.0700.

Mercator Medical Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.777 99.552 2.911
201609 1.759 99.064 2.896
201612 1.385 100.366 2.250
201703 1.586 101.018 2.560
201706 1.615 101.180 2.603
201709 1.648 101.343 2.652
201712 1.633 102.564 2.596
201803 1.920 102.564 3.053
201806 1.903 103.378 3.002
201809 2.398 103.378 3.783
201812 2.838 103.785 4.459
201903 2.612 104.274 4.085
201906 2.938 105.983 4.521
201909 3.123 105.983 4.805
201912 2.959 107.123 4.504
202003 4.370 109.076 6.533
202006 8.035 109.402 11.977
202009 12.925 109.320 19.280
202012 14.301 109.565 21.285
202103 12.097 112.658 17.510
202106 11.763 113.960 16.832
202109 8.251 115.588 11.640
202112 6.503 119.088 8.905
202203 3.196 125.031 4.168
202206 3.485 131.705 4.315
202209 3.245 135.531 3.904
202212 2.745 139.113 3.218
202303 2.651 145.950 2.962
202306 2.903 147.009 3.220
202309 2.821 146.113 3.148
202312 2.795 147.741 3.085
202403 3.172 149.044 3.471
202406 2.977 150.997 3.215
202409 3.380 153.439 3.592
202412 3.659 154.660 3.858
202503 3.635 157.021 3.775
202506 3.528 157.509 3.653
202509 3.584 158.000 3.699
202512 3.444 158.320 3.547
202603 3.634 163.070 3.634

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 0.57 mean?
Mercator Medical (FRA:MM2) has a Cyclically Adjusted PS Ratio of 0.57 as of Jul. 14, 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 12% 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 #94 out of 524 companies in the Medical Devices & Instruments industry, placing it in the top 17.9%.
Is Mercator Medical's Cyclically Adjusted PS Ratio too high?
Mercator Medical's current Cyclically Adjusted PS Ratio of 0.57 is 12% 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 2.26. Mercator Medical's value of 0.57 is 74.7% below this industry median. Based on the distribution chart, Mercator Medical ranks #94 out of 524 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 62/100 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 #94 out of 524 companies for Cyclically Adjusted PS Ratio. This places Mercator Medical in the top 18% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.26. Mercator Medical's value of 0.57 is 74.7% 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 2.26, 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 2.26, based on 524 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 0.57 is 74.7% 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 2.26 — 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 0.57, which is 12% 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 €10.65, compared to a current price of €11.56 — trading 8.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.57, which is 12% above median its 10-year median of 0.51 and 74.7% below the Medical Devices & Instruments industry median of 2.26. Mercator Medical's overall GF Score™ is 62/100 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 0.57 as of Jul. 14, 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 €11.56 is trading 8.5% above its estimated GF Value™ of €10.65. GuruFocus considers Mercator Medical to be Fairly Valued.

Key valuation signals for FRA:MM2:

  • Cyclically Adjusted PS Ratio: 0.57 (12% above median its 10-year median of 0.51)
  • GF Value™: €10.65 vs. price of €11.56 (8.5% above fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 74.7% below the Medical Devices & Instruments median (#94 of 524)

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.
62GF 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.

€11.56
Price
€10.65
GF Value