Mercury Systems (MEX:MRCY) Cyclically Adjusted PS Ratio: (As of Aug. 09, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:MRCY Mercury Systems Inc MEX:MRCY
64 GF Score
Price MXN1,937.83
GF Value MXN771.39
! 4 Warning Signs
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What is Mercury Systems Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercury Systems  (MEX:MRCY) 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.


Mercury Systems Cyclically Adjusted PS Ratio Related Terms


Mercury Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mercury Systems'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.

Mercury Systems Cyclically Adjusted PS Ratio Chart

Mercury Systems 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 6.00 5.01 2.45 1.79 3.34

Mercury Systems 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 2.73 3.34 4.73 4.43 4.31

MEX:MRCY vs KRMN, LOAR, VSEC: Cyclically Adjusted PS Ratio Comparison

For the Aerospace & Defense subindustry, Mercury Systems'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.


Mercury Systems Cyclically Adjusted PS Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:MRCY
64GF Score
Mercury Systems Inc MEX:MRCY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercury Systems 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.

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

For example, Mercury Systems'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)
=71.545/330.2130*330.2130
=71.545

Current CPI (Mar. 2026) = 330.2130.

Mercury Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 40.616 241.018 55.647
201609 42.512 241.428 58.146
201612 50.538 241.432 69.122
201703 45.090 243.801 61.072
201706 44.011 244.955 59.329
201709 40.534 246.819 54.229
201712 48.807 246.524 65.376
201803 44.466 249.554 58.838
201806 63.284 251.989 82.929
201809 56.493 252.439 73.898
201812 65.480 251.233 86.065
201903 70.637 254.202 91.759
201906 67.112 256.143 86.519
201909 63.552 256.759 81.733
201912 66.493 256.974 85.444
202003 88.479 258.115 113.193
202006 90.820 257.797 116.332
202009 82.083 260.280 104.137
202012 75.599 260.474 95.840
202103 94.558 264.877 117.882
202106 89.817 271.696 109.161
202109 83.551 274.310 100.578
202112 81.428 278.802 96.443
202203 89.938 287.504 103.298
202206 102.046 296.311 113.721
202209 81.846 296.808 91.058
202212 79.571 296.797 88.530
202303 83.472 301.836 91.320
202306 75.786 305.109 82.022
202309 55.208 307.789 59.230
202312 58.369 306.746 62.834
202403 59.903 312.332 63.332
202406 78.049 314.175 82.033
202409 69.092 315.301 72.360
202412 79.463 315.605 83.141
202503 73.601 319.799 75.998
202506 86.949 322.561 89.012
202509 69.796 324.800 70.959
202512 70.572 324.054 71.913
202603 71.545 330.213 71.545

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 Mercury Systems (MEX:MRCY) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury Systems stock appears to be overvalued. The current stock price of MXN1,937.83 is trading 151.2% above its estimated GF Value™ of MXN771.39.

Key valuation signals for MEX:MRCY:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: MXN771.39 vs. price of MXN1,937.83 (151.2% above fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Mercury Systems Business Description

Other Exchanges MRCY:USAMCY:Germany
Address 50 Minuteman Road, Andover, MA, USA, 01810
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
64GF Score

Get the complete analysis for MEX:MRCY

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

MXN1,937.83
Price
MXN771.39
GF Value