MLLGF (Mullen Group) Cyclically Adjusted PS Ratio: 1.16 (As of Jul. 04, 2026) — 30% Above Median


MLLGF Mullen Group Ltd MLLGF
78 GF Score
Price $14.75
GF Value $11.29
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Mullen Group Cyclically Adjusted PS Ratio?

Mullen Group MLLGF -1.82% 78 Cyclically Adjusted PS Ratio is 1.16 as of Jul. 04, 2026, which is 30% above its 10-year median of 0.89. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.29 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 752 Transportation companies, Mullen Group ranks worse than 58.91% on this metric.

As of today (2026-07-04), Mullen Group's current share price is $14.75. Mullen Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $12.67. Mullen Group's Cyclically Adjusted PS Ratio for today is 1.16.

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

MLLGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.89   Max: 1.34
Current: 1.19

During the past years, Mullen Group's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.28. And the median was 0.89.

MLLGF's Cyclically Adjusted PS Ratio is ranked worse than
58.91% of 752 companies
in the Transportation industry
Industry Median: 0.905 vs MLLGF: 1.19

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.

Mullen Group's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.144. 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 $12.67 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mullen Group  (OTCPK:MLLGF) 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.


Mullen Group Cyclically Adjusted PS Ratio Related Terms


Mullen Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mullen 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.

Mullen Group Cyclically Adjusted PS Ratio Chart

Mullen Group Annual Data
Trend Dec16 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 0.79 0.93 0.87 0.88 0.90

Mullen Group 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 0.74 0.83 0.80 0.90 0.95

MLLGF vs ODFL, XPO, KNX: Cyclically Adjusted PS Ratio Comparison

For the Trucking subindustry, Mullen 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.


Mullen Group Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


MLLGF
78GF Score
Mullen Group Ltd MLLGF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mullen 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.75/12.67
=1.16

* 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.

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

For example, Mullen Group'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)
=4.144/132.2600*132.2600
=4.144

Current CPI (Mar. 2026) = 132.2600.

Mullen Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.962 102.002 2.544
201609 1.904 101.765 2.475
201612 1.863 101.449 2.429
201703 2.053 102.634 2.646
201706 1.986 103.029 2.549
201709 2.206 103.345 2.823
201712 2.237 103.345 2.863
201803 2.179 105.004 2.745
201806 2.153 105.557 2.698
201809 2.486 105.636 3.113
201812 2.366 105.399 2.969
201903 2.280 106.979 2.819
201906 2.290 107.690 2.812
201909 2.344 107.611 2.881
201912 2.279 107.769 2.797
202003 2.178 107.927 2.669
202006 1.856 108.401 2.264
202009 2.047 108.164 2.503
202012 2.400 108.559 2.924
202103 2.386 110.298 2.861
202106 2.654 111.720 3.142
202109 3.559 112.905 4.169
202112 3.617 113.774 4.205
202203 3.829 117.646 4.305
202206 3.977 120.806 4.354
202209 3.809 120.648 4.176
202212 3.626 120.964 3.965
202303 3.575 122.702 3.853
202306 3.751 124.203 3.994
202309 3.805 125.230 4.019
202312 3.810 125.072 4.029
202403 3.514 126.258 3.681
202406 3.725 127.522 3.863
202409 4.047 127.285 4.205
202412 3.607 127.364 3.746
202503 3.943 129.181 4.037
202506 4.090 129.892 4.165
202509 4.203 130.290 4.267
202512 4.085 130.370 4.144
202603 4.144 132.260 4.144

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 1.16 mean?
Mullen Group (MLLGF) has a Cyclically Adjusted PS Ratio of 1.16 as of Jul. 04, 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 Mullen Group and its competitors. This is 30% above median its historical median of 0.89. Over the past decade, Mullen Group's Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.34. According to the industry distribution chart, Mullen Group ranks #443 out of 752 companies in the Transportation industry, placing it in the top 58.9%.
Is Mullen Group's Cyclically Adjusted PS Ratio too high?
Mullen Group's current Cyclically Adjusted PS Ratio of 1.16 is 30% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.34. The Transportation industry median Cyclically Adjusted PS Ratio is 0.91. Mullen Group's value of 1.16 is 28.2% above this industry median. Based on the distribution chart, Mullen Group ranks #443 out of 752 companies in the Transportation industry, which is below the industry midpoint. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Cyclically Adjusted PS Ratio compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #443 out of 752 companies for Cyclically Adjusted PS Ratio. This places Mullen Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.91. Mullen Group's value of 1.16 is 28.2% above this benchmark. Historically, Mullen Group's own Cyclically Adjusted PS Ratio has ranged from 0.28 to 1.34 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.91, Mullen Group 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 Transportation company?
The median Cyclically Adjusted PS Ratio among Transportation companies is 0.91, based on 752 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. Mullen Group's current Cyclically Adjusted PS Ratio of 1.16 is 28.2% 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 Mullen Group and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current Cyclically Adjusted PS Ratio is 1.16, which is 30% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.29, compared to a current price of $14.75 — trading 30.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.16, which is 30% above median its 10-year median of 0.89 and 28.2% above the Transportation industry median of 0.91. Mullen Group's overall GF Score™ is 78/100 with 10 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 Mullen Group (MLLGF), the current Cyclically Adjusted PS Ratio is 1.16 as of Jul. 04, 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 Mullen Group (MLLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued. The current stock price of $14.75 is trading 30.6% above its estimated GF Value™ of $11.29. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

  • Cyclically Adjusted PS Ratio: 1.16 (30% above median its 10-year median of 0.89)
  • GF Value™: $11.29 vs. price of $14.75 (30.6% above fair value)
  • GF Score™: 78/100 with 10 warning signs
  • Industry Position: 28.2% above the Transportation median (#443 of 752)

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


Mullen Group Business Description

Other Exchanges 9MU:GermanyMTL:Canada
Address 121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
78GF 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.

$14.75
Price
$11.29
GF Value