MDU Resources Group (MEX:MDU) Cyclically Adjusted PS Ratio: 0.95 (As of Jul. 20, 2026) — 116% Above Median

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MEX:MDU MDU Resources Group Inc MEX:MDU
73 GF Score
Price MXN319.00
GF Value MXN265.28
! 9 Warning Signs
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What is MDU Resources Group Cyclically Adjusted PS Ratio?

MDU Resources Group MEX:MDU 73 Cyclically Adjusted PS Ratio is 0.95 as of Jul. 20, 2026, which is 116% above its 10-year median of 0.44. GuruFocus rates MEX:MDU with a GF Score™ of 73/100 and a GF Value™ of MXN265.28. The stock has 9 warning signs investors should review. Among 442 Utilities - Regulated companies, MDU Resources Group ranks better than 62.44% on this metric.

As of today (2026-07-20), MDU Resources Group's current share price is MXN319.00. MDU Resources Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN334.09. MDU Resources Group's Cyclically Adjusted PS Ratio for today is 0.95.

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

MEX:MDU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.44   Max: 1.04
Current: 0.97

During the past years, MDU Resources Group's highest Cyclically Adjusted PS Ratio was 1.04. The lowest was 0.29. And the median was 0.44.

MEX:MDU's Cyclically Adjusted PS Ratio is ranked better than
62.44% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs MEX:MDU: 0.97

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.

MDU Resources Group's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN52.791. 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 MXN334.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MDU Resources Group  (MEX:MDU) 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.


MDU Resources Group Cyclically Adjusted PS Ratio Related Terms


MDU Resources Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MDU Resources Group'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.

MDU Resources Group Cyclically Adjusted PS Ratio Chart

MDU Resources Group 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 0.46 0.46 0.45 0.79 0.90

MDU Resources Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.74 0.74 0.81 0.90 0.95

MEX:MDU vs SR, OGS, BKH: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, MDU Resources Group'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.


MDU Resources Group Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MDU Resources Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:MDU
73GF Score
MDU Resources Group Inc MEX:MDU
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MDU Resources Group 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.

MDU Resources Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=319.00/334.09
=0.95

* 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.

MDU Resources Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, MDU Resources Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=52.791/330.2130*330.2130
=52.791

Current CPI (Mar. 2026) = 330.2130.

MDU Resources Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 98.653 241.018 135.162
201609 119.341 241.428 163.229
201612 107.264 241.432 146.708
201703 90.092 243.801 122.024
201706 98.476 244.955 132.751
201709 117.958 246.819 157.813
201712 117.175 246.524 156.953
201803 90.503 249.554 119.755
201806 106.637 251.989 139.740
201809 122.065 252.439 159.672
201812 121.026 251.233 159.073
201903 107.767 254.202 139.991
201906 126.283 256.143 162.801
201909 154.840 256.759 199.137
201912 129.703 256.974 166.669
202003 140.061 258.115 179.184
202006 156.873 257.797 200.939
202009 174.783 260.280 221.744
202012 137.261 260.474 174.011
202103 124.907 264.877 155.717
202106 140.507 271.696 170.769
202109 160.498 274.310 193.207
202112 -78.884 278.802 -93.430
202203 138.674 287.504 159.274
202206 99.872 296.311 111.299
202209 99.021 296.808 110.166
202212 -131.365 296.797 -146.155
202303 126.416 301.836 138.301
202306 91.752 305.109 99.301
202309 85.502 307.789 91.731
202312 -142.950 306.746 -153.886
202403 47.815 312.332 50.552
202406 30.847 314.175 32.422
202409 27.869 315.301 29.187
202412 54.414 315.605 56.933
202503 67.359 319.799 69.552
202506 32.223 322.561 32.987
202509 28.152 324.800 28.621
202512 46.735 324.054 47.623
202603 52.791 330.213 52.791

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 0.95 mean?
MDU Resources Group (MEX:MDU) has a Cyclically Adjusted PS Ratio of 0.95 as of Jul. 20, 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 MDU Resources Group and its competitors. This is 116% above median its historical median of 0.44. Over the past decade, MDU Resources Group's Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.04. According to the industry distribution chart, MDU Resources Group ranks #166 out of 442 companies in the Utilities - Regulated industry, placing it in the top 37.6%.
Is MDU Resources Group's Cyclically Adjusted PS Ratio too high?
MDU Resources Group's current Cyclically Adjusted PS Ratio of 0.95 is 116% above median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.04. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. MDU Resources Group's value of 0.95 is 34% below this industry median. Based on the distribution chart, MDU Resources Group ranks #166 out of 442 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, MDU Resources Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's Cyclically Adjusted PS Ratio compare to SR and OGS?
According to the Utilities - Regulated industry distribution chart, MDU Resources Group ranks #166 out of 442 companies for Cyclically Adjusted PS Ratio. This puts MDU Resources Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. MDU Resources Group's value of 0.95 is 34% below this benchmark. Historically, MDU Resources Group's own Cyclically Adjusted PS Ratio has ranged from 0.29 to 1.04 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 1.44, MDU Resources Group 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 an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.44, based on 442 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. MDU Resources Group's current Cyclically Adjusted PS Ratio of 0.95 is 34% 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 MDU Resources Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDU Resources Group's current Cyclically Adjusted PS Ratio is 0.95, which is 116% above median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDU Resources Group stock overvalued right now?
MDU Resources Group (MEX:MDU) has a current Cyclically Adjusted PS Ratio of 0.95. The stock's GF Value™ is MXN265.28, compared to a current price of MXN319.00 — trading 20.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.95, which is 116% above median its 10-year median of 0.44 and 34% below the Utilities - Regulated industry median of 1.44. MDU Resources Group's overall GF Score™ is 73/100 with 9 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 MDU Resources Group (MEX:MDU), the current Cyclically Adjusted PS Ratio is 0.95 as of Jul. 20, 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 MDU Resources Group (MEX:MDU) Overvalued in 2026?

Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued. The current stock price of MXN319.00 is trading 20.3% above its estimated GF Value™ of MXN265.28.

Key valuation signals for MEX:MDU:

  • Cyclically Adjusted PS Ratio: 0.95 (116% above median its 10-year median of 0.44)
  • GF Value™: MXN265.28 vs. price of MXN319.00 (20.3% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 34% below the Utilities - Regulated median (#166 of 442)

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


MDU Resources Group Business Description

Other Exchanges MDU:USAMRE:Germany
Address 1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650
MDU Resources Group Inc is a pure-play regulated energy delivery business. It is organized into three reportable business segments: Electric, Natural Gas Distribution, and Pipeline. Maximum revenue is generated from the Pipeline segment, which provides natural gas transportation and underground storage services through a FERC-regulated pipeline system mainly in the Rocky Mountain and northern Great Plains regions of the United States. This segment also provides non-regulated energy-related services, including cathodic protection. The electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming, and the natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon, and Washington.
73GF Score

Get the complete analysis for MEX:MDU

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

MXN319.00
Price
MXN265.28
GF Value