MODVF (Melcor Developments) Cyclically Adjusted PS Ratio: 1.77 (As of Jul. 05, 2026) — 15% Above Median


MODVF Melcor Developments Ltd MODVF
79 GF Score
Price $12.90
GF Value $10.87
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Melcor Developments Cyclically Adjusted PS Ratio?

Melcor Developments MODVF 79 Cyclically Adjusted PS Ratio is 1.77 as of Jul. 05, 2026, which is 15% above its 10-year median of 1.54. GuruFocus rates MODVF with a GF Score™ of 79/100 and a GF Value™ of $10.87 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,358 Real Estate companies, Melcor Developments ranks worse than 50.29% on this metric.

As of today (2026-07-05), Melcor Developments's current share price is $12.9025. Melcor Developments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $7.27. Melcor Developments's Cyclically Adjusted PS Ratio for today is 1.77.

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

MODVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.54   Max: 2.29
Current: 1.85

During the past years, Melcor Developments's highest Cyclically Adjusted PS Ratio was 2.29. The lowest was 0.70. And the median was 1.54.

MODVF's Cyclically Adjusted PS Ratio is ranked worse than
50.29% of 1358 companies
in the Real Estate industry
Industry Median: 1.825 vs MODVF: 1.85

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.

Melcor Developments's adjusted revenue per share data for the three months ended in Mar. 2026 was $1.084. 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 $7.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Melcor Developments  (OTCPK:MODVF) 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.


Melcor Developments Cyclically Adjusted PS Ratio Related Terms


Melcor Developments Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Melcor Developments'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.

Melcor Developments Cyclically Adjusted PS Ratio Chart

Melcor Developments 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 1.61 1.17 1.21 1.38 1.55

Melcor Developments 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 1.31 1.43 1.57 1.55 1.81

Melcor Developments Cyclically Adjusted PS Ratio Competitor Comparison

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Melcor Developments's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MODVF
79GF Score
Melcor Developments Ltd MODVF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melcor Developments 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.

Melcor Developments's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.9025/7.27
=1.77

* 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.

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

For example, Melcor Developments'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)
=1.084/132.2600*132.2600
=1.084

Current CPI (Mar. 2026) = 132.2600.

Melcor Developments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.918 102.002 1.190
201609 1.458 101.765 1.895
201612 2.410 101.449 3.142
201703 0.864 102.634 1.113
201706 1.079 103.029 1.385
201709 1.510 103.345 1.932
201712 2.698 103.345 3.453
201803 1.032 105.004 1.300
201806 1.000 105.557 1.253
201809 1.370 105.636 1.715
201812 2.683 105.399 3.367
201903 0.820 106.979 1.014
201906 0.887 107.690 1.089
201909 1.217 107.611 1.496
201912 1.811 107.769 2.223
202003 0.726 107.927 0.890
202006 0.866 108.401 1.057
202009 1.687 108.164 2.063
202012 1.865 108.559 2.272
202103 1.030 110.298 1.235
202106 1.607 111.720 1.902
202109 1.339 112.905 1.569
202112 3.465 113.774 4.028
202203 1.193 117.646 1.341
202206 1.216 120.806 1.331
202209 1.407 120.648 1.542
202212 1.753 120.964 1.917
202303 0.857 122.702 0.924
202306 1.566 124.203 1.668
202309 2.135 125.230 2.255
202312 3.018 125.072 3.191
202403 1.207 126.258 1.264
202406 1.656 127.522 1.718
202409 1.444 127.285 1.500
202412 3.243 127.364 3.368
202503 1.127 129.181 1.154
202506 2.423 129.892 2.467
202509 1.712 130.290 1.738
202512 4.402 130.370 4.466
202603 1.084 132.260 1.084

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 1.77 mean?
Melcor Developments (MODVF) has a Cyclically Adjusted PS Ratio of 1.77 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 Melcor Developments and its competitors. This is 15% above median its historical median of 1.54. Over the past decade, Melcor Developments' Cyclically Adjusted PS Ratio has ranged from 0.70 to 2.29. According to the industry distribution chart, Melcor Developments ranks #683 out of 1358 companies in the Real Estate industry, placing it in the top 50.3%.
Is Melcor Developments' Cyclically Adjusted PS Ratio too high?
Melcor Developments' current Cyclically Adjusted PS Ratio of 1.77 is 15% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.29. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.83. Melcor Developments' value of 1.77 is 3% below this industry median. Based on the distribution chart, Melcor Developments ranks #683 out of 1358 companies in the Real Estate industry, which is below the industry midpoint. Overall, Melcor Developments has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Cyclically Adjusted PS Ratio compare to competitors?
According to the Real Estate industry distribution chart, Melcor Developments ranks #683 out of 1358 companies for Cyclically Adjusted PS Ratio. This places Melcor Developments in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.83. Melcor Developments' value of 1.77 is 3% below this benchmark. Historically, Melcor Developments' own Cyclically Adjusted PS Ratio has ranged from 0.70 to 2.29 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.83, Melcor Developments 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 a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.83, based on 1,358 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. Melcor Developments's current Cyclically Adjusted PS Ratio of 1.77 is 3% 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 Melcor Developments and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melcor Developments's current Cyclically Adjusted PS Ratio is 1.77, which is 15% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (MODVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.87, compared to a current price of $12.90 — trading 18.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.77, which is 15% above median its 10-year median of 1.54 and 3% below the Real Estate industry median of 1.83. Melcor Developments' overall GF Score™ is 79/100 with 4 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 Melcor Developments (MODVF), the current Cyclically Adjusted PS Ratio is 1.77 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 Melcor Developments (MODVF) Overvalued in 2026?

Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued. The current stock price of $12.90 is trading 18.7% above its estimated GF Value™ of $10.87. GuruFocus considers Melcor Developments to be Modestly Overvalued.

Key valuation signals for MODVF:

  • Cyclically Adjusted PS Ratio: 1.77 (15% above median its 10-year median of 1.54)
  • GF Value™: $10.87 vs. price of $12.90 (18.7% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 3% below the Real Estate median (#683 of 1358)

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


Melcor Developments Business Description

Other Exchanges MRD:Canada
Address 10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
79GF Score

Get the complete analysis for MODVF

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

$12.90
Price
$10.87
GF Value