MRTN (Marten Transport) Cyclically Adjusted PS Ratio: 1.23 (As of Jul. 25, 2026) — 22% Below Median

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MRTN Marten Transport Ltd MRTN
71 GF Score
Price $16.31
GF Value $13.58
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Marten Transport Cyclically Adjusted PS Ratio?

Marten Transport MRTN -3.49% 71 Cyclically Adjusted PS Ratio is 1.23 as of Jul. 25, 2026, which is 22% below its 10-year median of 1.58. GuruFocus rates MRTN with a GF Score™ of 71/100 and a GF Value™ of $13.58 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 762 Transportation companies, Marten Transport ranks worse than 59.58% on this metric.

As of today (2026-07-25), Marten Transport's current share price is $16.31. Marten Transport's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $13.29. Marten Transport's Cyclically Adjusted PS Ratio for today is 1.23.

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

MRTN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.58   Max: 2.13
Current: 1.23

During the past years, Marten Transport's highest Cyclically Adjusted PS Ratio was 2.13. The lowest was 0.75. And the median was 1.58.

MRTN's Cyclically Adjusted PS Ratio is ranked worse than
59.58% of 762 companies
in the Transportation industry
Industry Median: 0.89 vs MRTN: 1.23

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.

Marten Transport's adjusted revenue per share data for the three months ended in Jun. 2026 was $2.738. 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 $13.29 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marten Transport  (NAS:MRTN) 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.


Marten Transport Cyclically Adjusted PS Ratio Related Terms


Marten Transport Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Marten Transport'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.

Marten Transport Cyclically Adjusted PS Ratio Chart

Marten Transport 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 1.69 1.74 1.73 1.24 0.88

Marten Transport Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.01 0.82 0.88 1.00 1.31

MRTN vs HTLD, CVLG, ULH: Cyclically Adjusted PS Ratio Comparison

For the Trucking subindustry, Marten Transport'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.


Marten Transport Cyclically Adjusted PS Ratio vs Transportation Industry

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

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


MRTN
71GF Score
Marten Transport Ltd MRTN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marten Transport 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.

Marten Transport's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.31/13.29
=1.23

* 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.

Marten Transport's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Marten Transport's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.738/333.9520*333.9520
=2.738

Current CPI (Jun. 2026) = 333.9520.

Marten Transport Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.084 241.428 2.883
201612 2.109 241.432 2.917
201703 2.109 243.801 2.889
201706 2.086 244.955 2.844
201709 2.073 246.819 2.805
201712 2.216 246.524 3.002
201803 2.262 249.554 3.027
201806 2.383 251.989 3.158
201809 2.411 252.439 3.190
201812 2.466 251.233 3.278
201903 2.410 254.202 3.166
201906 2.567 256.143 3.347
201909 2.599 256.759 3.380
201912 2.622 256.974 3.407
202003 2.639 258.115 3.414
202006 2.555 257.797 3.310
202009 2.594 260.280 3.328
202012 2.727 260.474 3.496
202103 2.676 264.877 3.374
202106 2.787 271.696 3.426
202109 3.014 274.310 3.669
202112 3.196 278.802 3.828
202203 3.451 287.504 4.009
202206 4.018 296.311 4.528
202209 3.988 296.808 4.487
202212 3.964 296.797 4.460
202303 3.662 301.836 4.052
202306 3.509 305.109 3.841
202309 3.432 307.789 3.724
202312 3.295 306.746 3.587
202403 3.066 312.332 3.278
202406 3.023 314.175 3.213
202409 2.913 315.301 3.085
202412 2.827 315.605 2.991
202503 2.738 319.799 2.859
202506 2.821 322.561 2.921
202509 2.704 324.800 2.780
202512 2.577 324.054 2.656
202603 2.495 330.213 2.523
202606 2.738 333.952 2.738

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 1.23 mean?
Marten Transport (MRTN) has a Cyclically Adjusted PS Ratio of 1.23 as of Jul. 25, 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 Marten Transport and its competitors. This is 22% below median its historical median of 1.58. Over the past decade, Marten Transport's Cyclically Adjusted PS Ratio has ranged from 0.75 to 2.13. According to the industry distribution chart, Marten Transport ranks #454 out of 762 companies in the Transportation industry, placing it in the top 59.6%.
Is Marten Transport's Cyclically Adjusted PS Ratio too high?
Marten Transport's current Cyclically Adjusted PS Ratio of 1.23 is 22% below median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 2.13. The Transportation industry median Cyclically Adjusted PS Ratio is 0.89. Marten Transport's value of 1.23 is 38.2% above this industry median. Based on the distribution chart, Marten Transport ranks #454 out of 762 companies in the Transportation industry, which is below the industry midpoint. Overall, Marten Transport has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marten Transport's Cyclically Adjusted PS Ratio compare to HTLD and CVLG?
According to the Transportation industry distribution chart, Marten Transport ranks #454 out of 762 companies for Cyclically Adjusted PS Ratio. This places Marten Transport in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.89. Marten Transport's value of 1.23 is 38.2% above this benchmark. Historically, Marten Transport's own Cyclically Adjusted PS Ratio has ranged from 0.75 to 2.13 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 0.89, Marten Transport 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 0.89, based on 762 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. Marten Transport's current Cyclically Adjusted PS Ratio of 1.23 is 38.2% 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 Marten Transport and its competitors. For the Transportation industry, the median Cyclically Adjusted PS Ratio is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marten Transport's current Cyclically Adjusted PS Ratio is 1.23, which is 22% below median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marten Transport stock overvalued right now?
Based on GuruFocus' analysis, Marten Transport (MRTN) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.58, compared to a current price of $16.31 — trading 20.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.23, which is 22% below median its 10-year median of 1.58 and 38.2% above the Transportation industry median of 0.89. Marten Transport's overall GF Score™ is 71/100 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 Marten Transport (MRTN), the current Cyclically Adjusted PS Ratio is 1.23 as of Jul. 25, 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 Marten Transport (MRTN) Overvalued in 2026?

Based on GuruFocus' analysis, Marten Transport stock appears to be overvalued. The current stock price of $16.31 is trading 20.1% above its estimated GF Value™ of $13.58. GuruFocus considers Marten Transport to be Modestly Overvalued.

Key valuation signals for MRTN:

  • Cyclically Adjusted PS Ratio: 1.23 (22% below median its 10-year median of 1.58)
  • GF Value™: $13.58 vs. price of $16.31 (20.1% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 38.2% above the Transportation median (#454 of 762)

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


Marten Transport Business Description

Address 129 Marten Street, Mondovi, WI, USA, 54755
Marten Transport Ltd is a temperature-sensitive and dry truckload carrier in the United States. The company specializes in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage, generating the majority of its revenue from the Truckload segment. The Truckload segment offers a mix of regional short-haul and medium- to long-haul full-load transportation services transporting food and other consumer packaged goods.
71GF Score

Get the complete analysis for MRTN

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

$16.31
Price
$13.58
GF Value