MEIYF (Mercialys) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

MEIYF Mercialys SA MEIYF
74 GF Score
Price $14.13
GF Value $13.73
Valuation Fairly Valued
! 5 Warning Signs
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What is Mercialys Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercialys  (OTCPK:MEIYF) 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.


Mercialys Cyclically Adjusted PS Ratio Related Terms


Mercialys Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mercialys'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.

Mercialys Cyclically Adjusted PS Ratio Chart

Mercialys 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 2.98 3.15 2.84 3.25 4.10

Mercialys Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 3.33 2.98 3.49 3.77 4.65

MEIYF vs SPG, O, KIM: Cyclically Adjusted PS Ratio Comparison

For the REIT - Retail subindustry, Mercialys'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.


Mercialys Cyclically Adjusted PS Ratio vs REITs Industry

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

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


MEIYF
74GF Score
Mercialys SA MEIYF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercialys 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.

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

For example, Mercialys'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)
=2.766/120.8900*120.8900
=2.766

Current CPI (Dec25) = 120.8900.

Mercialys Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 2.987 100.650 3.588
201712 2.364 101.850 2.806
201812 2.520 103.470 2.944
201912 3.632 104.980 4.182
202012 5.239 104.960 6.034
202112 2.614 107.850 2.930
202212 1.991 114.160 2.108
202312 2.098 118.390 2.142
202412 2.123 119.950 2.140
202512 2.766 120.890 2.766

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.

Is Mercialys (MEIYF) Overvalued in 2026?

Based on GuruFocus' analysis, Mercialys stock appears to be overvalued. The current stock price of $14.13 is trading 2.9% above its estimated GF Value™ of $13.73. GuruFocus considers Mercialys to be Fairly Valued.

Key valuation signals for MEIYF:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: $13.73 vs. price of $14.13 (2.9% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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


Mercialys Business Description

Industry Real EstateREITs
Address 16-18, rue du Quatre-Septembre, Paris, FRA, 75002
Mercialys SA is a real estate company based in France and Europe. The firm and its subsidiaries own and manage shopping centers in France. The company has developed and promoted the G LA GALLERIE brand for all its shopping centers. The company mainly operates in France. The company is based on sustainable value creation through investments in medium-sized properties.
74GF Score

Get the complete analysis for MEIYF

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

$14.13
Price
$13.73
GF Value