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MHGU (Meritage Hospitality Group) Cyclically Adjusted PS Ratio : 0.17 (As of Jul. 14, 2025)


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What is Meritage Hospitality Group Cyclically Adjusted PS Ratio?

As of today (2025-07-14), Meritage Hospitality Group's current share price is $13.00. Meritage Hospitality Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $74.40. Meritage Hospitality Group's Cyclically Adjusted PS Ratio for today is 0.17.

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

MHGU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.46   Max: 0.86
Current: 0.17

During the past years, Meritage Hospitality Group's highest Cyclically Adjusted PS Ratio was 0.86. The lowest was 0.16. And the median was 0.46.

MHGU's Cyclically Adjusted PS Ratio is ranked better than
86.14% of 202 companies
in the Restaurants industry
Industry Median: 0.785 vs MHGU: 0.17

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.

Meritage Hospitality Group's adjusted revenue per share data for the three months ended in Mar. 2025 was $23.061. 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 $74.40 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meritage Hospitality Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Meritage Hospitality 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.

* Premium members only.

Meritage Hospitality Group Cyclically Adjusted PS Ratio Chart

Meritage Hospitality Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.44 0.33 0.30 0.19

Meritage Hospitality Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.26 0.25 0.23 0.19 0.18

Competitive Comparison of Meritage Hospitality Group's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Meritage Hospitality 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.


Meritage Hospitality Group's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Meritage Hospitality Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Meritage Hospitality 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.00/74.40
=0.17

* 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.

Meritage Hospitality Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Meritage Hospitality Group's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=23.061/134.9266*134.9266
=23.061

Current CPI (Mar. 2025) = 134.9266.

Meritage Hospitality Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 9.062 100.684 12.144
201509 9.469 100.392 12.726
201512 10.473 99.792 14.160
201603 9.473 100.470 12.722
201606 10.106 101.688 13.409
201609 10.468 101.861 13.866
201612 10.269 101.863 13.602
201703 10.283 102.862 13.488
201706 12.917 103.349 16.864
201709 14.152 104.136 18.336
201712 13.854 104.011 17.972
201803 16.076 105.290 20.601
201806 18.790 106.317 23.846
201809 17.767 106.507 22.508
201812 17.217 105.998 21.916
201903 11.859 107.251 14.919
201906 12.669 108.070 15.817
201909 13.447 108.329 16.749
201912 14.934 108.420 18.585
202003 18.398 108.902 22.795
202006 12.949 108.767 16.063
202009 14.464 109.815 17.772
202012 12.324 109.897 15.131
202103 13.987 111.754 16.887
202106 15.227 114.631 17.923
202109 16.576 115.734 19.325
202112 15.410 117.630 17.676
202203 17.238 121.301 19.174
202206 17.095 125.017 18.450
202209 19.145 125.227 20.628
202212 21.419 125.222 23.079
202303 23.138 127.348 24.515
202306 18.802 128.729 19.707
202309 24.955 129.860 25.929
202312 20.366 129.419 21.233
202403 19.761 131.776 20.233
202406 19.319 132.554 19.665
202409 24.411 133.029 24.759
202412 25.448 133.157 25.786
202503 23.061 134.927 23.061

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.


Meritage Hospitality Group  (OTCPK:MHGU) 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.


Meritage Hospitality Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Meritage Hospitality Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Meritage Hospitality Group Business Description

Traded in Other Exchanges
Address
45 Ottawa Avenue SW, Suite 600, Grand Rapids, MI, USA, 49503
Meritage Hospitality Group Inc is engaged in operating quick-service and casual dining restaurants across various states in the United States. It operates Wendy's quick-service restaurants under franchise agreements with its franchisor.
Executives
Duane F Kluting director 3100 44TH STREET SW, GRANDVILLE MI 49418
Roger L Zingle officer: Chief Operating Officer 6132 PICKWOOD DRIVE, WEST BLOOMFIELD MI 48322
Gary A Rose officer: VP, CFO & Treasurer 223 EAST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Robert E. Schermer Revocable Living Trust U/a Dated 4/28/97 10 percent owner C/O ROBERT W. BAIRD & CO. INC., 333 BRIDGE STREET, N.W., SUITE 1000, GRAND RAPIDS MI 49504
Gulis Stephen L Jr director 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
James R Saalfeld officer: VP, Secretary and Treasurer MERITAGE HOSPITALITY GROUP INC, 1971 EAST BELTLINE AVE, N.E., STE. 200, GRAND RAPIDS MI 49525
Robert H Potts officer: Vice President of Real Estate 1971 EAST BELTLINE AVE NE, GRAND RAPIDS MI 49525
Schermer Robert E Jr director, 10 percent owner, officer: Chief Executive Officer 1971 EAST BELTLINE AVE, N.E., SUITE 200, GRAND RAPIDS MI 49525
Robert E Riley director, 10 percent owner, officer: President 40 PEARL STREET NW, SUITE 900, GRAND RAPIDS MI 49503
James P Bishop director 4230 SOUTH WESTNEDGE, KALAMAZOO MI 49006
Schermer Robert E Sr director, 10 percent owner, officer: Chairman of the Board C/O ROBERT W BLAIR & CO. INC., 333 BRIDGE STREET, SUITE 1000, GRAND RAPIDS MI 49504
Joseph L Maggini director 4242 CLAY STREET SW, GRAND RAPIDS MI 49548
Brian N Mcmahon director 542 TONBRIDGE COURT, PERRYSBURG OH 43551