Miquel y Costas & Miquel (MEX:MCMN) Cyclically Adjusted PS Ratio: 1.85 (As of Jul. 12, 2026) — Near Median


MEX:MCMN Miquel y Costas & Miquel SA MEX:MCMN
71 GF Score
Price MXN289.49
GF Value MXN265.09
! 6 Warning Signs
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What is Miquel y Costas & Miquel Cyclically Adjusted PS Ratio?

Miquel y Costas & Miquel MEX:MCMN 71 Cyclically Adjusted PS Ratio is 1.85 as of Jul. 12, 2026, which is 9% above its 10-year median of 1.70. GuruFocus rates MEX:MCMN with a GF Score™ of 71/100 and a GF Value™ of MXN265.09. The stock has 6 warning signs investors should review. Among 246 Forest Products companies, Miquel y Costas & Miquel ranks worse than 86.18% on this metric.

As of today (2026-07-12), Miquel y Costas & Miquel's current share price is MXN289.49. Miquel y Costas & Miquel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was MXN156.77. Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio for today is 1.85.

The historical rank and industry rank for Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:MCMN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 1.7   Max: 2.37
Current: 1.73

During the past 13 years, Miquel y Costas & Miquel's highest Cyclically Adjusted PS Ratio was 2.37. The lowest was 1.18. And the median was 1.70.

MEX:MCMN's Cyclically Adjusted PS Ratio is ranked worse than
86.18% of 246 companies
in the Forest Products industry
Industry Median: 0.45 vs MEX:MCMN: 1.73

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.

Miquel y Costas & Miquel's adjusted revenue per share data of for the fiscal year that ended in Dec25 was MXN175.113. 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 MXN156.77 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Miquel y Costas & Miquel  (MEX:MCMN) 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.


Miquel y Costas & Miquel Cyclically Adjusted PS Ratio Related Terms


Miquel y Costas & Miquel Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Miquel y Costas & Miquel'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.

Miquel y Costas & Miquel Cyclically Adjusted PS Ratio Chart

Miquel y Costas & Miquel 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 1.87 1.58 1.55 1.67 1.78

Miquel y Costas & Miquel 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 1.55 0.00 1.67 0.00 1.78

MEX:MCMN vs SLVM: Cyclically Adjusted PS Ratio Comparison

For the Paper & Paper Products subindustry, Miquel y Costas & Miquel'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.


Miquel y Costas & Miquel Cyclically Adjusted PS Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio falls into.


MEX:MCMN
71GF Score
Miquel y Costas & Miquel SA MEX:MCMN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Miquel y Costas & Miquel 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.

Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=289.49/156.77
=1.85

* 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.

Miquel y Costas & Miquel's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Miquel y Costas & Miquel'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)
=175.113/128.4000*128.4000
=175.113

Current CPI (Dec25) = 128.4000.

Miquel y Costas & Miquel Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 110.336 101.842 139.109
201712 128.846 102.975 160.659
201812 137.331 104.193 169.236
201912 134.091 105.015 163.951
202012 165.416 104.456 203.334
202112 178.129 111.298 205.501
202212 180.165 117.650 196.627
202312 149.274 121.300 158.012
202412 177.240 124.753 182.421
202512 175.113 128.400 175.113

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 1.85 mean?
Miquel y Costas & Miquel (MEX:MCMN) has a Cyclically Adjusted PS Ratio of 1.85 as of Jul. 12, 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 Miquel y Costas & Miquel and its competitors. This is near median its historical median of 1.70. Over the past decade, Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio has ranged from 1.18 to 2.37. According to the industry distribution chart, Miquel y Costas & Miquel ranks #212 out of 246 companies in the Forest Products industry, placing it in the top 86.2%.
Is Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio too high?
Miquel y Costas & Miquel's current Cyclically Adjusted PS Ratio of 1.85 is near median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 2.37. The Forest Products industry median Cyclically Adjusted PS Ratio is 0.45. Miquel y Costas & Miquel's value of 1.85 is 311.1% above this industry median. Based on the distribution chart, Miquel y Costas & Miquel ranks #212 out of 246 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Miquel y Costas & Miquel has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Miquel y Costas & Miquel's Cyclically Adjusted PS Ratio compare to SLVM?
According to the Forest Products industry distribution chart, Miquel y Costas & Miquel ranks #212 out of 246 companies for Cyclically Adjusted PS Ratio. This places Miquel y Costas & Miquel in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Miquel y Costas & Miquel's value of 1.85 is 311.1% above this benchmark. Historically, Miquel y Costas & Miquel's own Cyclically Adjusted PS Ratio has ranged from 1.18 to 2.37 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 0.45, Miquel y Costas & Miquel 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 Forest Products company?
The median Cyclically Adjusted PS Ratio among Forest Products companies is 0.45, based on 246 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. Miquel y Costas & Miquel's current Cyclically Adjusted PS Ratio of 1.85 is 311.1% 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 Miquel y Costas & Miquel and its competitors. For the Forest Products industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miquel y Costas & Miquel's current Cyclically Adjusted PS Ratio is 1.85, which is near median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miquel y Costas & Miquel stock overvalued right now?
Miquel y Costas & Miquel (MEX:MCMN) has a current Cyclically Adjusted PS Ratio of 1.85. The stock's GF Value™ is MXN265.09, compared to a current price of MXN289.49 — trading 9.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.85, which is near median its 10-year median of 1.70 and 311.1% above the Forest Products industry median of 0.45. Miquel y Costas & Miquel's overall GF Score™ is 71/100 with 6 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 Miquel y Costas & Miquel (MEX:MCMN), the current Cyclically Adjusted PS Ratio is 1.85 as of Jul. 12, 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 Miquel y Costas & Miquel (MEX:MCMN) Overvalued in 2026?

Based on GuruFocus' analysis, Miquel y Costas & Miquel stock appears to be overvalued. The current stock price of MXN289.49 is trading 9.2% above its estimated GF Value™ of MXN265.09.

Key valuation signals for MEX:MCMN:

  • Cyclically Adjusted PS Ratio: 1.85 (near median its 10-year median of 1.70)
  • GF Value™: MXN265.09 vs. price of MXN289.49 (9.2% above fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 311.1% above the Forest Products median (#212 of 246)

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


Miquel y Costas & Miquel Business Description

Other Exchanges 0O6D:UKMCM:SpainMQ4:Germany
Address Tuset 8-10, 7a Planta, Barcelona, ESP, 08006
Miquel y Costas & Miquel SA is a Spain-based company operating in the paper industry. Its principal line of business is the manufacturing and distribution of fine and specialty lightweight papers, with the main specialization being cigarette papers. Its product portfolio consists of rolling papers, printing papers, specialty papers, and textile pulps, among others. Geographically, the company generates maximum revenue from the European Union, and the rest from the OECD countries, its domestic market, and other countries.
71GF Score

Get the complete analysis for MEX:MCMN

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

MXN289.49
Price
MXN265.09
GF Value