MMLP (Martin Midstream Partners LP) Cyclically Adjusted PS Ratio: 0.09 (As of Jul. 05, 2026) — 10% Below Median


MMLP Martin Midstream Partners LP MMLP
53 GF Score
Price $2.45
GF Value $2.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Martin Midstream Partners LP Cyclically Adjusted PS Ratio?

Martin Midstream Partners LP MMLP +3.88% 53 Cyclically Adjusted PS Ratio is 0.09 as of Jul. 05, 2026, which is 10% below its 10-year median of 0.10. GuruFocus rates MMLP with a GF Score™ of 53/100 and a GF Value™ of $2.73 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 707 Oil & Gas companies, Martin Midstream Partners LP ranks better than 93.21% on this metric.

As of today (2026-07-05), Martin Midstream Partners LP's current share price is $2.45. Martin Midstream Partners LP's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $26.53. Martin Midstream Partners LP's Cyclically Adjusted PS Ratio for today is 0.09.

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

MMLP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.1   Max: 0.42
Current: 0.09

During the past years, Martin Midstream Partners LP's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.02. And the median was 0.10.

MMLP's Cyclically Adjusted PS Ratio is ranked better than
93.21% of 707 companies
in the Oil & Gas industry
Industry Median: 1 vs MMLP: 0.09

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.

Martin Midstream Partners LP's adjusted revenue per share data for the three months ended in Mar. 2026 was $4.818. 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 $26.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Martin Midstream Partners LP  (NAS:MMLP) 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.


Martin Midstream Partners LP Cyclically Adjusted PS Ratio Related Terms


Martin Midstream Partners LP Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Martin Midstream Partners LP'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.

Martin Midstream Partners LP Cyclically Adjusted PS Ratio Chart

Martin Midstream Partners LP 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 0.07 0.08 0.07 0.13 0.10

Martin Midstream Partners LP 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 0.13 0.11 0.11 0.10 0.10

MMLP vs NFE, PXS, DLNG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Midstream subindustry, Martin Midstream Partners LP'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.


Martin Midstream Partners LP Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Martin Midstream Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Martin Midstream Partners LP's Cyclically Adjusted PS Ratio falls into.


MMLP
53GF Score
Martin Midstream Partners LP MMLP
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Martin Midstream Partners LP 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.

Martin Midstream Partners LP's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.45/26.53
=0.09

* 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.

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

For example, Martin Midstream Partners LP'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)
=4.818/330.2130*330.2130
=4.818

Current CPI (Mar. 2026) = 330.2130.

Martin Midstream Partners LP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 5.385 241.018 7.378
201609 4.938 241.428 6.754
201612 6.700 241.432 9.164
201703 6.779 243.801 9.182
201706 5.048 244.955 6.805
201709 5.035 246.819 6.736
201712 8.625 246.524 11.553
201803 7.949 249.554 10.518
201806 5.867 251.989 7.688
201809 6.042 252.439 7.903
201812 6.846 251.233 8.998
201903 6.205 254.202 8.060
201906 4.819 256.143 6.213
201909 4.602 256.759 5.919
201912 6.257 256.974 8.040
202003 5.147 258.115 6.585
202006 3.638 257.797 4.660
202009 3.945 260.280 5.005
202012 4.658 260.474 5.905
202103 5.192 264.877 6.473
202106 4.764 271.696 5.790
202109 5.461 274.310 6.574
202112 7.390 278.802 8.753
202203 7.207 287.504 8.278
202206 6.890 296.311 7.678
202209 5.921 296.808 6.587
202212 6.285 296.797 6.993
202303 6.307 301.836 6.900
202306 5.045 305.109 5.460
202309 4.557 307.789 4.889
202312 4.671 306.746 5.028
202403 4.656 312.332 4.923
202406 4.745 314.175 4.987
202409 4.402 315.301 4.610
202412 4.412 315.605 4.616
202503 4.952 319.799 5.113
202506 4.646 322.561 4.756
202509 4.338 324.800 4.410
202512 4.478 324.054 4.563
202603 4.818 330.213 4.818

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 0.09 mean?
Martin Midstream Partners LP (MMLP) has a Cyclically Adjusted PS Ratio of 0.09 as of Jul. 05, 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 Martin Midstream Partners LP and its competitors. This is 10% below median its historical median of 0.10. Over the past decade, Martin Midstream Partners LP's Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.42. According to the industry distribution chart, Martin Midstream Partners LP ranks #48 out of 707 companies in the Oil & Gas industry, placing it in the top 6.8%.
Is Martin Midstream Partners LP's Cyclically Adjusted PS Ratio too high?
Martin Midstream Partners LP's current Cyclically Adjusted PS Ratio of 0.09 is 10% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.42. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.00. Martin Midstream Partners LP's value of 0.09 is 91% below this industry median. Based on the distribution chart, Martin Midstream Partners LP ranks #48 out of 707 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Martin Midstream Partners LP has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Midstream Partners LP's Cyclically Adjusted PS Ratio compare to NFE and PXS?
According to the Oil & Gas industry distribution chart, Martin Midstream Partners LP ranks #48 out of 707 companies for Cyclically Adjusted PS Ratio. This places Martin Midstream Partners LP in the top 7% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.00. Martin Midstream Partners LP's value of 0.09 is 91% below this benchmark. Historically, Martin Midstream Partners LP's own Cyclically Adjusted PS Ratio has ranged from 0.02 to 0.42 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 1.00, Martin Midstream Partners LP 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 an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.00, based on 707 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. Martin Midstream Partners LP's current Cyclically Adjusted PS Ratio of 0.09 is 91% 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 Martin Midstream Partners LP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Midstream Partners LP's current Cyclically Adjusted PS Ratio is 0.09, which is 10% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Martin Midstream Partners LP (MMLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.73, compared to a current price of $2.45 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.09, which is 10% below median its 10-year median of 0.10 and 91% below the Oil & Gas industry median of 1.00. Martin Midstream Partners LP's overall GF Score™ is 53/100 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 Martin Midstream Partners LP (MMLP), the current Cyclically Adjusted PS Ratio is 0.09 as of Jul. 05, 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 Martin Midstream Partners LP (MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Midstream Partners LP stock appears to be undervalued. The current stock price of $2.45 is trading 10.3% below its estimated GF Value™ of $2.73. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • Cyclically Adjusted PS Ratio: 0.09 (10% below median its 10-year median of 0.10)
  • GF Value™: $2.73 vs. price of $2.45 (10.3% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 91% below the Oil & Gas median (#48 of 707)

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


Martin Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused on the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and natural gas liquids marketing, distribution and transportation services. The company operates in four segment Terminalling and storage, Transportation, Sulfur service, and Specialty products segment. The majority of the revenue is derived from the Specialty products segment.
53GF Score

Get the complete analysis for MMLP

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

$2.45
Price
$2.73
GF Value