MNHVF (Mowi ASA) Cyclically Adjusted PS Ratio: 1.74 (As of Jul. 30, 2026) — 33% Below Median

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MNHVF Mowi ASA MNHVF
91 GF Score
Price $18.53
GF Value $21.30
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mowi ASA Cyclically Adjusted PS Ratio?

Mowi ASA MNHVF +5.60% 91 Cyclically Adjusted PS Ratio is 1.74 as of Jul. 30, 2026, which is 33% below its 10-year median of 2.60. GuruFocus rates MNHVF with a GF Score™ of 91/100 and a GF Value™ of $21.30 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,451 Consumer Packaged Goods companies, Mowi ASA ranks worse than 76.02% on this metric.

As of today (2026-07-30), Mowi ASA's current share price is $18.5325. Mowi ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $10.63. Mowi ASA's Cyclically Adjusted PS Ratio for today is 1.74.

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

MNHVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.6   Max: 3.69
Current: 1.81

During the past years, Mowi ASA's highest Cyclically Adjusted PS Ratio was 3.69. The lowest was 1.68. And the median was 2.60.

MNHVF's Cyclically Adjusted PS Ratio is ranked worse than
76.02% of 1451 companies
in the Consumer Packaged Goods industry
Industry Median: 0.76 vs MNHVF: 1.81

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.

Mowi ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.359. 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 $10.63 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mowi ASA  (OTCPK:MNHVF) 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.


Mowi ASA Cyclically Adjusted PS Ratio Related Terms


Mowi ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mowi ASA'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.

Mowi ASA Cyclically Adjusted PS Ratio Chart

Mowi ASA 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 2.82 2.03 1.98 1.96 2.28

Mowi ASA 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 1.92 1.87 2.00 2.28 2.01

MNHVF vs ADM, BG, TSN: Cyclically Adjusted PS Ratio Comparison

For the Farm Products subindustry, Mowi ASA'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.


Mowi ASA Cyclically Adjusted PS Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mowi ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MNHVF
91GF Score
Mowi ASA MNHVF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mowi ASA 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.

Mowi ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.5325/10.63
=1.74

* 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.

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

For example, Mowi ASA'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)
=3.359/141.0300*141.0300
=3.359

Current CPI (Mar. 2026) = 141.0300.

Mowi ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.974 103.800 2.682
201609 2.112 104.200 2.858
201612 2.384 104.400 3.220
201703 2.118 105.000 2.845
201706 2.092 105.800 2.789
201709 2.119 105.900 2.822
201712 1.695 106.100 2.253
201803 2.141 107.300 2.814
201806 2.102 108.500 2.732
201809 2.358 109.500 3.037
201812 2.249 109.800 2.889
201903 2.169 110.400 2.771
201906 2.209 110.600 2.817
201909 2.212 111.100 2.808
201912 2.263 111.300 2.867
202003 1.887 111.200 2.393
202006 1.962 112.100 2.468
202009 2.135 112.900 2.667
202012 2.305 112.900 2.879
202103 2.344 114.600 2.885
202106 2.364 115.300 2.892
202109 2.609 117.500 3.131
202112 2.276 118.900 2.700
202203 2.353 119.800 2.770
202206 2.520 122.600 2.899
202209 2.465 125.600 2.768
202212 2.717 125.900 3.044
202303 2.831 127.600 3.129
202306 2.795 130.400 3.023
202309 2.747 129.800 2.985
202312 3.097 131.900 3.311
202403 2.756 132.600 2.931
202406 2.761 133.800 2.910
202409 2.945 133.700 3.106
202412 3.060 134.800 3.201
202503 2.948 136.100 3.055
202506 3.143 137.800 3.217
202509 3.115 138.500 3.172
202512 3.523 139.100 3.572
202603 3.359 141.030 3.359

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 1.74 mean?
Mowi ASA (MNHVF) has a Cyclically Adjusted PS Ratio of 1.74 as of Jul. 30, 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 Mowi ASA and its competitors. This is 33% below median its historical median of 2.60. Over the past decade, Mowi ASA's Cyclically Adjusted PS Ratio has ranged from 1.68 to 3.69. According to the industry distribution chart, Mowi ASA ranks #1103 out of 1451 companies in the Consumer Packaged Goods industry, placing it in the top 76%.
Is Mowi ASA's Cyclically Adjusted PS Ratio too high?
Mowi ASA's current Cyclically Adjusted PS Ratio of 1.74 is 33% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 3.69. The Consumer Packaged Goods industry median Cyclically Adjusted PS Ratio is 0.76. Mowi ASA's value of 1.74 is 128.9% above this industry median. Based on the distribution chart, Mowi ASA ranks #1103 out of 1451 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Mowi ASA has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mowi ASA's Cyclically Adjusted PS Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Mowi ASA ranks #1103 out of 1451 companies for Cyclically Adjusted PS Ratio. This places Mowi ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Mowi ASA's value of 1.74 is 128.9% above this benchmark. Historically, Mowi ASA's own Cyclically Adjusted PS Ratio has ranged from 1.68 to 3.69 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 0.76, Mowi ASA 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 Consumer Packaged Goods company?
The median Cyclically Adjusted PS Ratio among Consumer Packaged Goods companies is 0.76, based on 1,451 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. Mowi ASA's current Cyclically Adjusted PS Ratio of 1.74 is 128.9% 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 Mowi ASA and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mowi ASA's current Cyclically Adjusted PS Ratio is 1.74, which is 33% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mowi ASA stock overvalued right now?
Based on GuruFocus' analysis, Mowi ASA (MNHVF) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.30, compared to a current price of $18.53 — trading 13% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.74, which is 33% below median its 10-year median of 2.60 and 128.9% above the Consumer Packaged Goods industry median of 0.76. Mowi ASA's overall GF Score™ is 91/100 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 Mowi ASA (MNHVF), the current Cyclically Adjusted PS Ratio is 1.74 as of Jul. 30, 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 Mowi ASA (MNHVF) Overvalued in 2026?

Based on GuruFocus' analysis, Mowi ASA stock appears to be undervalued. The current stock price of $18.53 is trading 13% below its estimated GF Value™ of $21.30. GuruFocus considers Mowi ASA to be Modestly Undervalued.

Key valuation signals for MNHVF:

  • Cyclically Adjusted PS Ratio: 1.74 (33% below median its 10-year median of 2.60)
  • GF Value™: $21.30 vs. price of $18.53 (13% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 128.9% above the Consumer Packaged Goods median (#1103 of 1451)

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


Mowi ASA Business Description

Address Sandviksboder 77A/B, Bergen, NOR, 5035
Mowi ASA is a Norway-based producer of farmed salmon, distributing salmon and other processed seafood globally. The company focuses on producing high-quality fish by producing its fish eggs and nurturing the fish in the early stages of their life. It operates in three business segments: Feed, Farming, and Sales & Marketing. Fish feed production comprises its two feed plants in Norway and Scotland. Farming includes a single operating segment composed of farming operations in Norway, Scotland, Canada, Chile, Ireland, the Faroe Islands, and Iceland, and Sales and Marketing is composed of two operating segments: Markets and Consumer Products. A majority of the company's revenue is generated from the Sales and Marketing business. Geographically, it derives maximum revenue from Europe.
91GF Score

Get the complete analysis for MNHVF

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

$18.53
Price
$21.30
GF Value