MCSLF (McMillan Shakespeare) Cyclically Adjusted PS Ratio: 2.35 (As of Jul. 04, 2026) — 12% Below Median


MCSLF McMillan Shakespeare Ltd MCSLF
81 GF Score
Price $9.90
GF Value $12.55
! 13 Warning Signs
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What is McMillan Shakespeare Cyclically Adjusted PS Ratio?

McMillan Shakespeare MCSLF 81 Cyclically Adjusted PS Ratio is 2.35 as of Jul. 04, 2026, which is 12% below its 10-year median of 2.67. GuruFocus rates MCSLF with a GF Score™ of 81/100 and a GF Value™ of $12.55. The stock has 13 warning signs investors should review. Among 717 Business Services companies, McMillan Shakespeare ranks worse than 81.03% on this metric.

As of today (2026-07-04), McMillan Shakespeare's current share price is $9.90. McMillan Shakespeare's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was $4.21. McMillan Shakespeare's Cyclically Adjusted PS Ratio for today is 2.35.

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

MCSLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.36   Med: 2.67   Max: 4.9
Current: 2.92

During the past 13 years, McMillan Shakespeare's highest Cyclically Adjusted PS Ratio was 4.90. The lowest was 1.36. And the median was 2.67.

MCSLF's Cyclically Adjusted PS Ratio is ranked worse than
81.03% of 717 companies
in the Business Services industry
Industry Median: 0.9 vs MCSLF: 2.92

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.

McMillan Shakespeare's adjusted revenue per share data of for the fiscal year that ended in Jun25 was $4.050. 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 $4.21 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


McMillan Shakespeare  (OTCPK:MCSLF) 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.


McMillan Shakespeare Cyclically Adjusted PS Ratio Related Terms


McMillan Shakespeare Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for McMillan Shakespeare'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.

McMillan Shakespeare Cyclically Adjusted PS Ratio Chart

McMillan Shakespeare Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.39 1.68 2.95 2.72 2.35

McMillan Shakespeare 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 0.00 2.72 0.00 2.35 0.00

MCSLF vs KFY, RHI, TNET: Cyclically Adjusted PS Ratio Comparison

For the Staffing & Employment Services subindustry, McMillan Shakespeare'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.


McMillan Shakespeare Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, McMillan Shakespeare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MCSLF
81GF Score
McMillan Shakespeare Ltd MCSLF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McMillan Shakespeare 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.

McMillan Shakespeare's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.90/4.21
=2.35

* 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.

McMillan Shakespeare's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, McMillan Shakespeare's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=4.05/131.5506*131.5506
=4.050

Current CPI (Jun25) = 131.5506.

McMillan Shakespeare Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.043 0.000
201706 4.097 0.000
201806 4.197 0.000
201906 3.875 0.000
202006 3.554 0.000
202106 5.338 0.000
202206 3.851 0.000
202306 3.244 0.000
202406 3.931 0.000
202506 4.050 131.551 4.050

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 2.35 mean?
McMillan Shakespeare (MCSLF) has a Cyclically Adjusted PS Ratio of 2.35 as of Jul. 04, 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 McMillan Shakespeare and its competitors. This is 12% below median its historical median of 2.67. Over the past decade, McMillan Shakespeare's Cyclically Adjusted PS Ratio has ranged from 1.36 to 4.90. According to the industry distribution chart, McMillan Shakespeare ranks #581 out of 717 companies in the Business Services industry, placing it in the top 81%.
Is McMillan Shakespeare's Cyclically Adjusted PS Ratio too high?
McMillan Shakespeare's current Cyclically Adjusted PS Ratio of 2.35 is 12% below median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 4.90. The Business Services industry median Cyclically Adjusted PS Ratio is 0.90. McMillan Shakespeare's value of 2.35 is 161.1% above this industry median. Based on the distribution chart, McMillan Shakespeare ranks #581 out of 717 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, McMillan Shakespeare has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's Cyclically Adjusted PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, McMillan Shakespeare ranks #581 out of 717 companies for Cyclically Adjusted PS Ratio. This places McMillan Shakespeare in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.90. McMillan Shakespeare's value of 2.35 is 161.1% above this benchmark. Historically, McMillan Shakespeare's own Cyclically Adjusted PS Ratio has ranged from 1.36 to 4.90 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 0.90, McMillan Shakespeare has consistently been above 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 Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.90, based on 717 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. McMillan Shakespeare's current Cyclically Adjusted PS Ratio of 2.35 is 161.1% above 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 McMillan Shakespeare and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McMillan Shakespeare's current Cyclically Adjusted PS Ratio is 2.35, which is 12% below median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
McMillan Shakespeare (MCSLF) has a current Cyclically Adjusted PS Ratio of 2.35. The stock's GF Value™ is $12.55, compared to a current price of $9.90 — trading 21.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.35, which is 12% below median its 10-year median of 2.67 and 161.1% above the Business Services industry median of 0.90. McMillan Shakespeare's overall GF Score™ is 81/100 with 13 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 McMillan Shakespeare (MCSLF), the current Cyclically Adjusted PS Ratio is 2.35 as of Jul. 04, 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 McMillan Shakespeare (MCSLF) Overvalued in 2026?

Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued. The current stock price of $9.90 is trading 21.1% below its estimated GF Value™ of $12.55.

Key valuation signals for MCSLF:

  • Cyclically Adjusted PS Ratio: 2.35 (12% below median its 10-year median of 2.67)
  • GF Value™: $12.55 vs. price of $9.90 (21.1% below fair value)
  • GF Score™: 81/100 with 13 warning signs
  • Industry Position: 161.1% above the Business Services median (#581 of 717)

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


McMillan Shakespeare Business Description

Other Exchanges NMN:GermanyMMS:Australia
Address 360 Elizabeth Street, Level 21, The Tower, Melbourne Central, Melbourne, VIC, AUS, 3000
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
81GF Score

Get the complete analysis for MCSLF

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

$9.90
Price
$12.55
GF Value