Metro (MTRAF) Cyclically Adjusted PS Ratio: 1.06 (As of Jul. 21, 2026) — Near Median

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MTRAF Metro Inc MTRAF
76 GF Score
Price $65.93
GF Value $66.75
Valuation Fairly Valued
View Full Analysis

What is Metro Cyclically Adjusted PS Ratio?

Metro MTRAF -2.01% 76 Cyclically Adjusted PS Ratio is 1.06 as of Jul. 21, 2026, which is 2% above its 10-year median of 1.04. GuruFocus rates MTRAF with a GF Score™ of 76/100 and a GF Value™ of $66.75 (Fairly Valued). Among 240 Retail - Defensive companies, Metro ranks worse than 75% on this metric.

As of today (2026-07-21), Metro's current share price is $65.925. Metro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $62.19. Metro's Cyclically Adjusted PS Ratio for today is 1.06.

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

MTRAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.04   Max: 1.31
Current: 1.07

During the past years, Metro's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.83. And the median was 1.04.

MTRAF's Cyclically Adjusted PS Ratio is ranked worse than
75% of 240 companies
in the Retail - Defensive industry
Industry Median: 0.44 vs MTRAF: 1.07

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.

Metro's adjusted revenue per share data for the three months ended in Mar. 2026 was $17.496. 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 $62.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metro  (OTCPK:MTRAF) 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.


Metro Cyclically Adjusted PS Ratio Related Terms


Metro Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Metro'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.

Metro Cyclically Adjusted PS Ratio Chart

Metro Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.02 0.95 1.08 1.11

Metro 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 1.22 1.28 1.11 1.16 1.09

MTRAF vs KR, SFM, ACI: Cyclically Adjusted PS Ratio Comparison

For the Grocery Stores subindustry, Metro'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.


Metro Cyclically Adjusted PS Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Metro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MTRAF
76GF Score
Metro Inc MTRAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro 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.

Metro's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.925/62.19
=1.06

* 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.

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

For example, Metro'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)
=17.496/132.2623*132.2623
=17.496

Current CPI (Mar. 2026) = 132.2623.

Metro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.057 102.002 16.931
201609 9.416 101.765 12.238
201612 9.523 101.449 12.416
201703 9.398 102.634 12.111
201706 13.361 103.029 17.152
201709 11.491 103.345 14.706
201712 10.651 103.345 13.631
201803 9.797 105.004 12.340
201806 14.507 105.557 18.177
201809 11.237 105.636 14.069
201812 11.515 105.399 14.450
201903 10.768 106.979 13.313
201906 15.377 107.690 18.886
201909 11.424 107.611 14.041
201912 12.005 107.769 14.733
202003 11.258 107.927 13.796
202006 17.039 108.401 20.790
202009 12.424 108.164 15.192
202012 13.312 108.559 16.219
202103 13.441 110.298 16.118
202106 19.043 111.720 22.545
202109 13.171 112.905 15.429
202112 13.895 113.774 16.153
202203 13.974 117.646 15.710
202206 19.080 120.806 20.889
202209 13.886 120.648 15.223
202212 14.550 120.964 15.909
202303 14.176 122.702 15.281
202306 20.808 124.203 22.158
202309 16.311 125.230 17.227
202312 16.191 125.072 17.122
202403 15.145 126.258 15.865
202406 21.619 127.522 22.423
202409 16.319 127.285 16.957
202412 16.128 127.364 16.748
202503 15.455 129.181 15.824
202506 22.902 129.892 23.320
202509 17.018 130.287 17.276
202512 17.855 130.366 18.115
202603 17.496 132.262 17.496

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 1.06 mean?
Metro (MTRAF) has a Cyclically Adjusted PS Ratio of 1.06 as of Jul. 21, 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 Metro and its competitors. This is near median its historical median of 1.04. Over the past decade, Metro's Cyclically Adjusted PS Ratio has ranged from 0.83 to 1.31. According to the industry distribution chart, Metro ranks #180 out of 240 companies in the Retail - Defensive industry, placing it in the top 75%.
Is Metro's Cyclically Adjusted PS Ratio too high?
Metro's current Cyclically Adjusted PS Ratio of 1.06 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 1.31. The Retail - Defensive industry median Cyclically Adjusted PS Ratio is 0.44. Metro's value of 1.06 is 140.9% above this industry median. Based on the distribution chart, Metro ranks #180 out of 240 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Metro has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Metro's Cyclically Adjusted PS Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Metro ranks #180 out of 240 companies for Cyclically Adjusted PS Ratio. This places Metro in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.44. Metro's value of 1.06 is 140.9% above this benchmark. Historically, Metro's own Cyclically Adjusted PS Ratio has ranged from 0.83 to 1.31 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.44, Metro 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 Retail - Defensive company?
The median Cyclically Adjusted PS Ratio among Retail - Defensive companies is 0.44, based on 240 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. Metro's current Cyclically Adjusted PS Ratio of 1.06 is 140.9% 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 Metro and its competitors. For the Retail - Defensive industry, the median Cyclically Adjusted PS Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro's current Cyclically Adjusted PS Ratio is 1.06, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro stock overvalued right now?
Based on GuruFocus' analysis, Metro (MTRAF) is currently considered Fairly Valued. The stock's GF Value™ is $66.75, compared to a current price of $65.93 — trading 1.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.06, which is near median its 10-year median of 1.04 and 140.9% above the Retail - Defensive industry median of 0.44. Metro's overall GF Score™ is 76/100. 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 Metro (MTRAF), the current Cyclically Adjusted PS Ratio is 1.06 as of Jul. 21, 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 Metro (MTRAF) Overvalued in 2026?

Based on GuruFocus' analysis, Metro stock appears to be undervalued. The current stock price of $65.93 is trading 1.2% below its estimated GF Value™ of $66.75. GuruFocus considers Metro to be Fairly Valued.

Key valuation signals for MTRAF:

  • Cyclically Adjusted PS Ratio: 1.06 (near median its 10-year median of 1.04)
  • GF Value™: $66.75 vs. price of $65.93 (1.2% below fair value)
  • GF Score™: 76/100
  • Industry Position: 140.9% above the Retail - Defensive median (#180 of 240)

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


Metro Business Description

Other Exchanges 62M:GermanyMRU:Canada
Address 11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6
Metro is the third-largest grocery retailer in Canada (behind Loblaws and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaws and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in Quebec and Ontario, with no presence in western Canada.
76GF Score

Get the complete analysis for MTRAF

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

$65.93
Price
$66.75
GF Value