MG (MISTRAS Group) Cyclically Adjusted PS Ratio: 0.69 (As of Aug. 19, 2026) — 103% Above Median

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MG MISTRAS Group Inc MG
61 GF Score
Price $19.45
GF Value $9.27
Valuation Significantly Overvalued
! 5 Warning Signs
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What is MISTRAS Group Cyclically Adjusted PS Ratio?

MISTRAS Group MG +6.87% 61 Cyclically Adjusted PS Ratio is 0.69 as of Aug. 19, 2026, which is 103% above its 10-year median of 0.34. GuruFocus rates MG with a GF Score™ of 61/100 and a GF Value™ of $9.27 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 720 Business Services companies, MISTRAS Group ranks better than 57.78% on this metric.

As of today (2026-08-19), MISTRAS Group's current share price is $19.45. MISTRAS Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $28.08. MISTRAS Group's Cyclically Adjusted PS Ratio for today is 0.69.

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

MG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.34   Max: 1.14
Current: 0.65

During the past years, MISTRAS Group's highest Cyclically Adjusted PS Ratio was 1.14. The lowest was 0.14. And the median was 0.34.

MG's Cyclically Adjusted PS Ratio is ranked better than
57.78% of 720 companies
in the Business Services industry
Industry Median: 0.87 vs MG: 0.65

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.

MISTRAS Group's adjusted revenue per share data for the three months ended in Jun. 2026 was $5.866. 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 $28.08 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MISTRAS Group  (NYSE:MG) 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.


MISTRAS Group Cyclically Adjusted PS Ratio Related Terms


MISTRAS Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MISTRAS 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.

MISTRAS Group Cyclically Adjusted PS Ratio Chart

MISTRAS Group Annual Data
Trend May16 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 0.29 0.18 0.26 0.32 0.46

MISTRAS Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 0.28 0.35 0.46 0.53 0.62

MG vs CIX, NL, BAER: Cyclically Adjusted PS Ratio Comparison

For the Security & Protection Services subindustry, MISTRAS 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.


MISTRAS Group Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, MISTRAS Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MG
61GF Score
MISTRAS Group Inc MG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MISTRAS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.45/28.08
=0.69

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=5.866/333.9520*333.9520
=5.866

Current CPI (Jun. 2026) = 333.9520.

MISTRAS Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 5.576 240.849 7.731
201611 5.888 241.353 8.147
201703 5.461 243.801 7.480
201706 5.758 244.955 7.850
201709 6.351 246.819 8.593
201712 6.632 246.524 8.984
201803 6.390 249.554 8.551
201806 6.538 251.989 8.665
201809 6.408 252.439 8.477
201812 6.155 251.233 8.182
201903 6.187 254.202 8.128
201906 6.951 256.143 9.063
201909 6.592 256.759 8.574
201912 6.147 256.974 7.988
202003 5.506 258.115 7.124
202006 4.278 257.797 5.542
202009 5.046 260.280 6.474
202012 5.482 260.474 7.028
202103 5.225 264.877 6.588
202106 5.896 271.696 7.247
202109 5.794 274.310 7.054
202112 5.660 278.802 6.780
202203 5.455 287.504 6.336
202206 5.922 296.311 6.674
202209 5.901 296.808 6.639
202212 5.554 296.797 6.249
202303 5.597 301.836 6.193
202306 5.741 305.109 6.284
202309 5.899 307.789 6.400
202312 5.972 306.746 6.502
202403 5.882 312.332 6.289
202406 6.064 314.175 6.446
202409 5.770 315.301 6.111
202412 5.416 315.605 5.731
202503 5.197 319.799 5.427
202506 5.850 322.561 6.057
202509 6.134 324.800 6.307
202512 5.588 324.054 5.759
202603 5.176 330.213 5.235
202606 5.866 333.952 5.866

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 0.69 mean?
MISTRAS Group (MG) has a Cyclically Adjusted PS Ratio of 0.69 as of Aug. 19, 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 MISTRAS Group and its competitors. This is 103% above median its historical median of 0.34. Over the past decade, MISTRAS Group's Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.14. According to the industry distribution chart, MISTRAS Group ranks #304 out of 720 companies in the Business Services industry, placing it in the top 42.2%.
Is MISTRAS Group's Cyclically Adjusted PS Ratio too high?
MISTRAS Group's current Cyclically Adjusted PS Ratio of 0.69 is 103% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.14. The Business Services industry median Cyclically Adjusted PS Ratio is 0.87. MISTRAS Group's value of 0.69 is 20.7% below this industry median. Based on the distribution chart, MISTRAS Group ranks #304 out of 720 companies in the Business Services industry, which is above the industry midpoint. Overall, MISTRAS Group has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MISTRAS Group's Cyclically Adjusted PS Ratio compare to CIX and NL?
According to the Business Services industry distribution chart, MISTRAS Group ranks #304 out of 720 companies for Cyclically Adjusted PS Ratio. This puts MISTRAS Group in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.87. MISTRAS Group's value of 0.69 is 20.7% below this benchmark. Historically, MISTRAS Group's own Cyclically Adjusted PS Ratio has ranged from 0.14 to 1.14 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.87, MISTRAS 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 a Business Services company?
The median Cyclically Adjusted PS Ratio among Business Services companies is 0.87, based on 720 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. MISTRAS Group's current Cyclically Adjusted PS Ratio of 0.69 is 20.7% 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 MISTRAS Group and its competitors. For the Business Services industry, the median Cyclically Adjusted PS Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MISTRAS Group's current Cyclically Adjusted PS Ratio is 0.69, which is 103% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MISTRAS Group stock overvalued right now?
Based on GuruFocus' analysis, MISTRAS Group (MG) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.27, compared to a current price of $19.45 — trading 109.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.69, which is 103% above median its 10-year median of 0.34 and 20.7% below the Business Services industry median of 0.87. MISTRAS Group's overall GF Score™ is 61/100 with 5 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 MISTRAS Group (MG), the current Cyclically Adjusted PS Ratio is 0.69 as of Aug. 19, 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 MISTRAS Group (MG) Overvalued in 2026?

Based on GuruFocus' analysis, MISTRAS Group stock appears to be overvalued. The current stock price of $19.45 is trading 109.8% above its estimated GF Value™ of $9.27. GuruFocus considers MISTRAS Group to be Significantly Overvalued.

Key valuation signals for MG:

  • Cyclically Adjusted PS Ratio: 0.69 (103% above median its 10-year median of 0.34)
  • GF Value™: $9.27 vs. price of $19.45 (109.8% above fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 20.7% below the Business Services median (#304 of 720)

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


MISTRAS Group Business Description

Other Exchanges MIY:Germany
Address 195 Clarksville Road, Princeton Junction, NJ, USA, 08550
MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are North America, International, and Products and Systems, of which key revenue is derived from the North America segment. The North America segment provides asset protection solutions, including NDT, inspection, and mechanical and engineering services, along with software, digital, and data services.
61GF Score

Get the complete analysis for MG

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

$19.45
Price
$9.27
GF Value