MMMPF (Mermaid Maritime PCL) Cyclically Adjusted PS Ratio: 0.50 (As of Jul. 12, 2026) — 47% Above Median


MMMPF Mermaid Maritime PCL MMMPF
47 GF Score
Price $0.08
GF Value $0.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Mermaid Maritime PCL Cyclically Adjusted PS Ratio?

Mermaid Maritime PCL MMMPF +2.56% 47 Cyclically Adjusted PS Ratio is 0.50 as of Jul. 12, 2026, which is 47% above its 10-year median of 0.34. GuruFocus rates MMMPF with a GF Score™ of 47/100 and a GF Value™ of $0.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 706 Oil & Gas companies, Mermaid Maritime PCL ranks better than 70.96% on this metric.

As of today (2026-07-12), Mermaid Maritime PCL's current share price is $0.08. Mermaid Maritime PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.16. Mermaid Maritime PCL's Cyclically Adjusted PS Ratio for today is 0.50.

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

MMMPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.34   Max: 0.98
Current: 0.44

During the past years, Mermaid Maritime PCL's highest Cyclically Adjusted PS Ratio was 0.98. The lowest was 0.20. And the median was 0.34.

MMMPF's Cyclically Adjusted PS Ratio is ranked better than
70.96% of 706 companies
in the Oil & Gas industry
Industry Median: 1.02 vs MMMPF: 0.44

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.

Mermaid Maritime PCL's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.043. 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 $0.16 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mermaid Maritime PCL  (OTCPK:MMMPF) 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.


Mermaid Maritime PCL Cyclically Adjusted PS Ratio Related Terms


Mermaid Maritime PCL Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mermaid Maritime PCL'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.

Mermaid Maritime PCL Cyclically Adjusted PS Ratio Chart

Mermaid Maritime PCL 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 0.31 0.31 0.44 0.57 0.56

Mermaid Maritime PCL 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 0.48 0.48 0.53 0.56 0.48

MMMPF vs SLB, BKR, HAL: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.


Mermaid Maritime PCL Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mermaid Maritime PCL's Cyclically Adjusted PS Ratio falls into.


MMMPF
47GF Score
Mermaid Maritime PCL MMMPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mermaid Maritime PCL 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.

Mermaid Maritime PCL's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.08/0.16
=0.50

* 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.

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

For example, Mermaid Maritime PCL'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)
=0.043/330.2130*330.2130
=0.043

Current CPI (Mar. 2026) = 330.2130.

Mermaid Maritime PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.035 241.018 0.048
201609 0.037 241.428 0.051
201612 0.031 241.432 0.042
201703 0.026 243.801 0.035
201706 0.031 244.955 0.042
201709 0.021 246.819 0.028
201712 0.024 246.524 0.032
201803 0.013 249.554 0.017
201806 0.015 251.989 0.020
201809 0.021 252.439 0.027
201812 0.018 251.233 0.024
201903 0.018 254.202 0.023
201906 0.018 256.143 0.023
201909 0.019 256.759 0.024
201912 0.020 256.974 0.026
202003 0.016 258.115 0.020
202006 0.011 257.797 0.014
202009 0.015 260.280 0.019
202012 0.017 260.474 0.022
202103 0.013 264.877 0.016
202106 0.017 271.696 0.021
202109 0.018 274.310 0.022
202112 0.030 278.802 0.036
202203 0.029 287.504 0.033
202206 0.039 296.311 0.043
202209 0.047 296.808 0.052
202212 0.044 296.797 0.049
202303 0.031 301.836 0.034
202306 0.044 305.109 0.048
202309 0.060 307.789 0.064
202312 0.060 306.746 0.065
202403 0.062 312.332 0.066
202406 0.112 314.175 0.118
202409 0.106 315.301 0.111
202412 0.083 315.605 0.087
202503 0.083 319.799 0.086
202506 0.080 322.561 0.082
202509 0.082 324.800 0.083
202512 0.056 324.054 0.057
202603 0.043 330.213 0.043

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 0.50 mean?
Mermaid Maritime PCL (MMMPF) has a Cyclically Adjusted PS Ratio of 0.50 as of Jul. 12, 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 Mermaid Maritime PCL and its competitors. This is 47% above median its historical median of 0.34. Over the past decade, Mermaid Maritime PCL's Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.98. According to the industry distribution chart, Mermaid Maritime PCL ranks #205 out of 706 companies in the Oil & Gas industry, placing it in the top 29%.
Is Mermaid Maritime PCL's Cyclically Adjusted PS Ratio too high?
Mermaid Maritime PCL's current Cyclically Adjusted PS Ratio of 0.50 is 47% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.98. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.02. Mermaid Maritime PCL's value of 0.50 is 51% below this industry median. Based on the distribution chart, Mermaid Maritime PCL ranks #205 out of 706 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Mermaid Maritime PCL has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mermaid Maritime PCL's Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Mermaid Maritime PCL ranks #205 out of 706 companies for Cyclically Adjusted PS Ratio. This puts Mermaid Maritime PCL in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.02. Mermaid Maritime PCL's value of 0.50 is 51% below this benchmark. Historically, Mermaid Maritime PCL's own Cyclically Adjusted PS Ratio has ranged from 0.20 to 0.98 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 1.02, Mermaid Maritime PCL 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 1.02, based on 706 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. Mermaid Maritime PCL's current Cyclically Adjusted PS Ratio of 0.50 is 51% 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 Mermaid Maritime PCL and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mermaid Maritime PCL's current Cyclically Adjusted PS Ratio is 0.50, which is 47% 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 Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (MMMPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.06, compared to a current price of $0.08 — trading 33.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.50, which is 47% above median its 10-year median of 0.34 and 51% below the Oil & Gas industry median of 1.02. Mermaid Maritime PCL's overall GF Score™ is 47/100 with 7 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 Mermaid Maritime PCL (MMMPF), the current Cyclically Adjusted PS Ratio is 0.50 as of Jul. 12, 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 Mermaid Maritime PCL (MMMPF) Overvalued in 2026?

Based on GuruFocus' analysis, Mermaid Maritime PCL stock appears to be overvalued. The current stock price of $0.08 is trading 33.3% above its estimated GF Value™ of $0.06. GuruFocus considers Mermaid Maritime PCL to be Significantly Overvalued.

Key valuation signals for MMMPF:

  • Cyclically Adjusted PS Ratio: 0.50 (47% above median its 10-year median of 0.34)
  • GF Value™: $0.06 vs. price of $0.08 (33.3% above fair value)
  • GF Score™: 47/100 with 7 warning signs
  • Industry Position: 51% below the Oil & Gas median (#205 of 706)

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


Mermaid Maritime PCL Business Description

Industry EnergyOil & Gas
Other Exchanges DU4:Singapore
Address Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.
47GF Score

Get the complete analysis for MMMPF

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

$0.08
Price
$0.06
GF Value