Metro (MEX:MRUN) Cyclically Adjusted PS Ratio: 1.09 (As of Aug. 10, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
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.

MEX:MRUN Metro Inc MEX:MRUN
82 GF Score
Price MXN1,065.12
GF Value MXN1,122.65
View Full Analysis

What is Metro Cyclically Adjusted PS Ratio?

Metro MEX:MRUN 82 Cyclically Adjusted PS Ratio is 1.09 as of Aug. 10, 2026, which is 5% above its 10-year median of 1.04. GuruFocus rates MEX:MRUN with a GF Score™ of 82/100 and a GF Value™ of MXN1,122.65. Among 241 Retail - Defensive companies, Metro ranks worse than 75.93% on this metric.

As of today (2026-08-10), Metro's current share price is MXN1065.12. Metro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN979.62. Metro's Cyclically Adjusted PS Ratio for today is 1.09.

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

MEX:MRUN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.04   Max: 1.31
Current: 1.03

During the past years, Metro's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.83. And the median was 1.04.

MEX:MRUN's Cyclically Adjusted PS Ratio is ranked worse than
75.93% of 241 companies
in the Retail - Defensive industry
Industry Median: 0.45 vs MEX:MRUN: 1.03

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.

Metro's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN315.503. 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 MXN979.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metro  (MEX:MRUN) 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.


Metro Cyclically Adjusted PS Ratio Related Terms


Metro Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Metro'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.

Metro Cyclically Adjusted PS Ratio Chart

Metro Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.02 0.95 1.08 1.11

Metro 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 1.22 1.28 1.11 1.16 1.09

MEX:MRUN vs KR, SFM, ACI: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, Metro'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.


Metro Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:MRUN
82GF Score
Metro Inc MEX:MRUN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro 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.

Metro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1065.12/979.62
=1.09

* 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.

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

For example, Metro'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)
=315.503/132.2623*132.2623
=315.503

Current CPI (Mar. 2026) = 132.2623.

Metro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 241.475 102.002 313.113
201609 182.065 101.765 236.628
201612 196.344 101.449 255.981
201703 176.951 102.634 228.034
201706 241.516 103.029 310.044
201709 208.544 103.345 266.898
201712 209.184 103.345 267.717
201803 177.988 105.004 224.192
201806 285.059 105.557 357.177
201809 210.184 105.636 263.162
201812 226.095 105.399 283.720
201903 208.872 106.979 258.236
201906 295.382 107.690 362.780
201909 225.540 107.611 277.205
201912 226.414 107.769 277.872
202003 263.987 107.927 323.510
202006 393.299 108.401 479.870
202009 274.448 108.164 335.592
202012 264.803 108.559 322.620
202103 274.742 110.298 329.454
202106 379.063 111.720 448.763
202109 270.813 112.905 317.244
202112 285.044 113.774 331.364
202203 278.239 117.646 312.809
202206 383.842 120.806 420.243
202209 279.327 120.648 306.217
202212 283.676 120.964 310.172
202303 255.527 122.702 275.436
202306 356.726 124.203 379.872
202309 284.115 125.230 300.069
202312 274.824 125.072 290.623
202403 251.344 126.258 263.298
202406 396.070 127.522 410.794
202409 321.325 127.285 333.891
202412 336.361 127.364 349.298
202503 316.173 129.181 323.715
202506 431.233 129.892 439.102
202509 312.178 130.287 316.911
202512 321.491 130.366 326.167
202603 315.503 132.262 315.503

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 1.09 mean?
Metro (MEX:MRUN) has a Cyclically Adjusted PS Ratio of 1.09 as of Aug. 10, 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 Metro and its competitors. This is near median its historical median of 1.04. Over the past decade, Metro's Cyclically Adjusted PS Ratio has ranged from 0.83 to 1.31. According to the industry distribution chart, Metro ranks #183 out of 241 companies in the Retail - Defensive industry, placing it in the top 75.9%.
Is Metro's Cyclically Adjusted PS Ratio too high?
Metro's current Cyclically Adjusted PS Ratio of 1.09 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.31. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.45. Metro's value of 1.09 is 142.2% above this industry median. Based on the distribution chart, Metro ranks #183 out of 241 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Metro has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Metro's Cyclically Adjusted PS Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #183 out of 241 companies for Cyclically Adjusted PS Ratio. This places Metro in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Metro's value of 1.09 is 142.2% above this benchmark. Historically, Metro's own Cyclically Adjusted PS Ratio has ranged from 0.83 to 1.31 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.45, Metro 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 Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.45, based on 241 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. Metro's current Cyclically Adjusted PS Ratio of 1.09 is 142.2% 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 Metro and its competitors. For the Retail - Defensive 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. Metro's current Cyclically Adjusted PS Ratio is 1.09, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro stock overvalued right now?
Metro (MEX:MRUN) has a current Cyclically Adjusted PS Ratio of 1.09. The stock's GF Value™ is MXN1,122.65, compared to a current price of MXN1,065.12 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.09, which is near median its 10-year median of 1.04 and 142.2% above the Retail - Defensive industry median of 0.45. Metro's overall GF Score™ is 82/100. 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 Metro (MEX:MRUN), the current Cyclically Adjusted PS Ratio is 1.09 as of Aug. 10, 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 Metro (MEX:MRUN) Overvalued in 2026?

Based on GuruFocus' analysis, Metro stock appears to be undervalued. The current stock price of MXN1,065.12 is trading 5.1% below its estimated GF Value™ of MXN1,122.65.

Key valuation signals for MEX:MRUN:

  • Cyclically Adjusted PS Ratio: 1.09 (near median its 10-year median of 1.04)
  • GF Value™: MXN1,122.65 vs. price of MXN1,065.12 (5.1% below fair value)
  • GF Score™: 82/100
  • Industry Position: 142.2% above the Retail - Defensive median (#183 of 241)

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


Metro Business Description

Address 11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6
Metro is the third-largest grocery retailer in Canada (behind Loblaws and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaws and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in Quebec and Ontario, with no presence in western Canada.
82GF Score

Get the complete analysis for MEX:MRUN

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

MXN1,065.12
Price
MXN1,122.65
GF Value