MCAP (MCAP) Cyclically Adjusted PS Ratio: (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is MCAP Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MCAP  (OTCPK:MCAP) 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.


MCAP Cyclically Adjusted PS Ratio Related Terms


MCAP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MCAP'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.

MCAP Cyclically Adjusted PS Ratio Chart

MCAP Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

MCAP Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.00 0.00 0.00 0.00 0.00

MCAP vs AOXY, REAC, TKCI: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, MCAP'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.


MCAP Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, MCAP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MCAP 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.

MCAP's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2011 is calculated as:

For example, MCAP's adjusted Revenue per Share data for the three months ended in Sep. 2011 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2011 (Change)*Current CPI (Sep. 2011)
=12.571/226.8890*226.8890
=12.571

Current CPI (Sep. 2011) = 226.8890.

MCAP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200112 9.000 176.700 11.556
200203 18.200 178.800 23.095
200206 23.400 179.900 29.512
200209 29.200 181.000 36.603
200212 32.600 180.900 40.888
200303 28.200 184.200 34.735
200306 26.200 183.700 32.360
200309 23.200 185.200 28.422
200312 23.200 184.300 28.561
200403 24.800 187.400 30.026
200406 26.600 189.700 31.815
200409 26.200 189.900 31.303
200412 15.400 190.300 18.361
200503 19.800 193.300 23.241
200506 16.000 194.500 18.664
200509 16.200 198.800 18.489
200512 15.200 196.800 17.524
200603 14.200 199.800 16.125
200606 14.600 202.900 16.326
200609 13.600 202.900 15.208
200612 12.800 201.800 14.391
200703 3.875 205.352 4.281
200706 3.529 208.352 3.843
200709 3.588 208.490 3.905
200712 4.000 210.036 4.321
200803 3.143 213.528 3.340
200806 2.519 218.815 2.612
200809 2.481 218.783 2.573
200812 81.655 210.228 88.126
200903 2.000 212.709 2.133
200906 1.407 215.693 1.480
200909 1.074 215.969 1.128
200912 1.037 215.949 1.090
201003 0.000 217.631 0.000
201006 0.000 217.965 0.000
201009 0.000 218.439 0.000
201012 0.000 219.179 0.000
201103 44.250 223.467 44.928
201106 19.464 225.722 19.565
201109 12.571 226.889 12.571

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.


MCAP Business Description

Address 390 North Orange Avenue, 28th Floor, Orlando, FL, USA, 32801
MCAP Inc operates as a financial technology company that focuses on electronic market making, securities execution, and financial technology innovation. The group offers Platform Solutions, featuring the QwickRoute and QwickBonds brands, that deliver trading technology and customized algorithmic execution to optimize trading outcomes. Its solutions offer seamless connectivity, intelligent order routing, and automated execution strategies-enabling direct access to trading venues or consolidated liquidity through an extensive network.