Mechel PAO (MIC:MTLR) Cyclically Adjusted PS Ratio: 0.04 (As of Jul. 08, 2026)


MIC:MTLR Mechel PAO MIC:MTLR
17 GF Score
Price ₽36.18
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What is Mechel PAO Cyclically Adjusted PS Ratio?

Mechel PAO MIC:MTLR +0.67% 17 Cyclically Adjusted PS Ratio is 0.04 as of Jul. 08, 2026. GuruFocus rates MIC:MTLR with a GF Score™ of 17/100.

As of today (2026-07-08), Mechel PAO's current share price is ₽36.18. Mechel PAO's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec21 was ₽893.06. Mechel PAO's Cyclically Adjusted PS Ratio for today is 0.04.

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

MIC:MTLR's Cyclically Adjusted PS Ratio is not ranked *
in the Steel industry.
Industry Median: 0.45
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Mechel PAO's adjusted revenue per share data of for the fiscal year that ended in Dec21 was ₽993.325. 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 ₽893.06 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mechel PAO  (MIC:MTLR) 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.


Mechel PAO Cyclically Adjusted PS Ratio Related Terms


Mechel PAO Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mechel PAO'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.

Mechel PAO Cyclically Adjusted PS Ratio Chart

Mechel PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.08 0.07 0.09 0.14

Mechel PAO Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 0.09 0.08 0.14 0.00 0.00

MIC:MTLR vs NUE, STLD, RS: Cyclically Adjusted PS Ratio Comparison

For the Steel subindustry, Mechel PAO'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.


Mechel PAO Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mechel PAO's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIC:MTLR
17GF Score
Mechel PAO MIC:MTLR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mechel PAO 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.

Mechel PAO's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.18/893.06
=0.04

* 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.

Mechel PAO's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Mechel PAO's adjusted Revenue per Share data for the fiscal year that ended in Dec21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=993.325/207.2000*207.2000
=993.325

Current CPI (Dec21) = 207.2000.

Mechel PAO Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201212 784.719 117.300 1,386.136
201312 671.938 124.900 1,114.696
201412 586.137 139.000 873.724
201512 608.116 157.000 802.558
201612 663.051 165.400 830.618
201712 718.554 169.600 877.856
201812 729.801 176.800 855.287
201912 689.845 182.200 784.500
202012 643.384 191.100 697.589
202112 993.325 207.200 993.325

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 0.04 mean?
Mechel PAO (MIC:MTLR) has a Cyclically Adjusted PS Ratio of 0.04 as of Jul. 08, 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 Mechel PAO and its competitors.
Is Mechel PAO's Cyclically Adjusted PS Ratio too high?
Mechel PAO's current Cyclically Adjusted PS Ratio is 0.04. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Mechel PAO's value of 0.04 is 91.1% below this industry median. Overall, Mechel PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mechel PAO's Cyclically Adjusted PS Ratio compare to NUE and STLD?
Mechel PAO's Cyclically Adjusted PS Ratio of 0.04 can be compared against companies in the Steel industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Mechel PAO's value of 0.04 is 91.1% below this benchmark. 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 Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Mechel PAO's current Cyclically Adjusted PS Ratio of 0.04 is 91.1% 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 Mechel PAO and its competitors. For the Steel 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. Mechel PAO's current Cyclically Adjusted PS Ratio is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mechel PAO stock overvalued right now?
Mechel PAO (MIC:MTLR) has a current Cyclically Adjusted PS Ratio of 0.04. The current Cyclically Adjusted PS Ratio is 0.04 and 91.1% below the Steel industry median of 0.45. Mechel PAO's overall GF Score™ is 17/100. 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 Mechel PAO (MIC:MTLR), the current Cyclically Adjusted PS Ratio is 0.04 as of Jul. 08, 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.

Mechel PAO Business Description

Address Krasnoarmeyskaya Street 1, Moscow, RUS, 125167
Mechel PAO is a vertically integrated group operating into three industrial segments Mining, Steel and Power. The mining segment produces metallurgical coal (coking coal, PCI and anthracite), steam coal, iron ore and iron ore concentrate, coke and chemical products. The segment consists of its coal, iron ore and coke production facilities in Russia. The steel segment produces and sells semi-finished steel products, long products of a wide range of steel grades, carbon and stainless flat steel products and high value-added metal products, including wire products, stampings and forgings, structural shapes, beams and rails. The power segment sells electricity and capacity to the wholesale market. The majority of the revenue is derived from the Steel segment.
17GF Score

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

₽36.18
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