Midland Holdings (FRA:MTK) Cyclically Adjusted PS Ratio: 0.34 (As of Jul. 27, 2026) — 113% Above Median

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FRA:MTK Midland Holdings Ltd FRA:MTK
50 GF Score
Price €0.26
GF Value €0.11
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Midland Holdings Cyclically Adjusted PS Ratio?

Midland Holdings FRA:MTK -1.55% 50 Cyclically Adjusted PS Ratio is 0.34 as of Jul. 27, 2026, which is 113% above its 10-year median of 0.16. GuruFocus rates FRA:MTK with a GF Score™ of 50/100 and a GF Value™ of €0.11 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,358 Real Estate companies, Midland Holdings ranks better than 85.86% on this metric.

As of today (2026-07-27), Midland Holdings's current share price is €0.258. Midland Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €0.76. Midland Holdings's Cyclically Adjusted PS Ratio for today is 0.34.

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

FRA:MTK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.16   Max: 0.44
Current: 0.31

During the past 13 years, Midland Holdings's highest Cyclically Adjusted PS Ratio was 0.44. The lowest was 0.07. And the median was 0.16.

FRA:MTK's Cyclically Adjusted PS Ratio is ranked better than
85.86% of 1358 companies
in the Real Estate industry
Industry Median: 1.78 vs FRA:MTK: 0.31

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.

Midland Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €0.839. 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 €0.76 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Midland Holdings  (FRA:MTK) 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.


Midland Holdings Cyclically Adjusted PS Ratio Related Terms


Midland Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Midland Holdings'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.

Midland Holdings Cyclically Adjusted PS Ratio Chart

Midland Holdings 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 0.13 0.11 0.07 0.12 0.31

Midland Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.07 0.00 0.12 0.00 0.31

FRA:MTK vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Midland Holdings'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.


Midland Holdings Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Midland Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:MTK
50GF Score
Midland Holdings Ltd FRA:MTK
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Midland Holdings 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.

Midland Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.258/0.76
=0.34

* 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.

Midland Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Midland Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.839/120.7036*120.7036
=0.839

Current CPI (Dec25) = 120.7036.

Midland Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.864 103.225 1.010
201712 0.797 104.984 0.916
201812 0.784 107.622 0.879
201912 0.784 110.700 0.855
202012 0.736 109.711 0.810
202112 0.948 112.349 1.018
202212 0.527 114.548 0.555
202312 0.669 117.296 0.688
202412 1.042 118.945 1.057
202512 0.839 120.704 0.839

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 0.34 mean?
Midland Holdings (FRA:MTK) has a Cyclically Adjusted PS Ratio of 0.34 as of Jul. 27, 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 Midland Holdings and its competitors. This is 113% above median its historical median of 0.16. Over the past decade, Midland Holdings' Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.44. According to the industry distribution chart, Midland Holdings ranks #192 out of 1358 companies in the Real Estate industry, placing it in the top 14.1%.
Is Midland Holdings' Cyclically Adjusted PS Ratio too high?
Midland Holdings' current Cyclically Adjusted PS Ratio of 0.34 is 113% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.44. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.78. Midland Holdings' value of 0.34 is 80.9% below this industry median. Based on the distribution chart, Midland Holdings ranks #192 out of 1358 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Midland Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Midland Holdings' Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Midland Holdings ranks #192 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Midland Holdings in the top 14% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.78. Midland Holdings' value of 0.34 is 80.9% below this benchmark. Historically, Midland Holdings' own Cyclically Adjusted PS Ratio has ranged from 0.07 to 0.44 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.78, Midland Holdings 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 Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.78, based on 1,358 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. Midland Holdings's current Cyclically Adjusted PS Ratio of 0.34 is 80.9% 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 Midland Holdings and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midland Holdings's current Cyclically Adjusted PS Ratio is 0.34, which is 113% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midland Holdings stock overvalued right now?
Based on GuruFocus' analysis, Midland Holdings (FRA:MTK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.11, compared to a current price of €0.26 — trading 134.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.34, which is 113% above median its 10-year median of 0.16 and 80.9% below the Real Estate industry median of 1.78. Midland Holdings' overall GF Score™ is 50/100 with 4 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 Midland Holdings (FRA:MTK), the current Cyclically Adjusted PS Ratio is 0.34 as of Jul. 27, 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 Midland Holdings (FRA:MTK) Overvalued in 2026?

Based on GuruFocus' analysis, Midland Holdings stock appears to be overvalued. The current stock price of €0.26 is trading 134.5% above its estimated GF Value™ of €0.11. GuruFocus considers Midland Holdings to be Significantly Overvalued.

Key valuation signals for FRA:MTK:

  • Cyclically Adjusted PS Ratio: 0.34 (113% above median its 10-year median of 0.16)
  • GF Value™: €0.11 vs. price of €0.26 (134.5% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 80.9% below the Real Estate median (#192 of 1358)

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


Midland Holdings Business Description

Other Exchanges 01200:Hong Kong
Address 19 Des Voeux Road Central, Room 2505-8, 25th Floor, World Wide House, Hong Kong, HKG
Midland Holdings Ltd is an investment holding company principally engaged in the provision of property agency services for residential, commercial, and industrial properties and shops. The company is also engaged in the leasing of property, the operation of an Internet Website, and the provision of immigration consultancy services, money lending services, and mortgage referral services. The segment of the company is Property Agency, which involves: Residential properties, and Commercial and industrial properties and shops. It generates the majority of its revenue from the Residential properties. Geographically, the company operates in Hong Kong and Macau, which derives maximum revenue; and Chinese Mainland.
50GF Score

Get the complete analysis for FRA:MTK

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

€0.26
Price
€0.11
GF Value