Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Cyclically Adjusted PS Ratio: 0.16 (As of Jul. 08, 2026) — 60% Above Median


MUS:MHAS Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
100 GF Score
Price ر.ع1.20
GF Value ر.ع1.06
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Al Maha Petroleum Products Marketing CoOG Cyclically Adjusted PS Ratio?

Al Maha Petroleum Products Marketing CoOG MUS:MHAS 100 Cyclically Adjusted PS Ratio is 0.16 as of Jul. 08, 2026, which is 60% above its 10-year median of 0.10. GuruFocus rates MUS:MHAS with a GF Score™ of 100/100 and a GF Value™ of ر.ع1.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 705 Oil & Gas companies, Al Maha Petroleum Products Marketing CoOG ranks better than 88.65% on this metric.

As of today (2026-07-08), Al Maha Petroleum Products Marketing CoOG's current share price is ر.ع1.20. Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ر.ع7.54. Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio for today is 0.16.

The historical rank and industry rank for Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio or its related term are showing as below:

MUS:MHAS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.1   Max: 0.18
Current: 0.15

During the past years, Al Maha Petroleum Products Marketing CoOG's highest Cyclically Adjusted PS Ratio was 0.18. The lowest was 0.04. And the median was 0.10.

MUS:MHAS's Cyclically Adjusted PS Ratio is ranked better than
88.65% of 705 companies
in the Oil & Gas industry
Industry Median: 1 vs MUS:MHAS: 0.15

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.

Al Maha Petroleum Products Marketing CoOG's adjusted revenue per share data for the three months ended in Mar. 2026 was ر.ع1.785. 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 ر.ع7.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) 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.


Al Maha Petroleum Products Marketing CoOG Cyclically Adjusted PS Ratio Related Terms


Al Maha Petroleum Products Marketing CoOG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Al Maha Petroleum Products Marketing CoOG'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.

Al Maha Petroleum Products Marketing CoOG Cyclically Adjusted PS Ratio Chart

Al Maha Petroleum Products Marketing CoOG 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 0.06 0.08 0.16 0.15 0.14

Al Maha Petroleum Products Marketing CoOG 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 0.14 0.12 0.13 0.14 0.17

MUS:MHAS vs VLO, MPC, PSX: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG'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.


Al Maha Petroleum Products Marketing CoOG Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio falls into.


MUS:MHAS
100GF Score
Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Maha Petroleum Products Marketing CoOG 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.

Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.20/7.54
=0.16

* 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.

Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Al Maha Petroleum Products Marketing CoOG'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)
=1.785/330.2130*330.2130
=1.785

Current CPI (Mar. 2026) = 330.2130.

Al Maha Petroleum Products Marketing CoOG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.475 241.018 2.021
201609 1.575 241.428 2.154
201612 1.559 241.432 2.132
201703 1.465 243.801 1.984
201706 1.529 244.955 2.061
201709 1.595 246.819 2.134
201712 1.657 246.524 2.220
201803 1.624 249.554 2.149
201806 1.771 251.989 2.321
201809 1.882 252.439 2.462
201812 1.794 251.233 2.358
201903 1.630 254.202 2.117
201906 1.759 256.143 2.268
201909 1.720 256.759 2.212
201912 1.642 256.974 2.110
202003 1.463 258.115 1.872
202006 1.009 257.797 1.292
202009 1.217 260.280 1.544
202012 1.148 260.474 1.455
202103 1.163 264.877 1.450
202106 1.357 271.696 1.649
202109 2.787 274.310 3.355
202112 -2.384 278.802 -2.824
202203 1.412 287.504 1.622
202206 1.814 296.311 2.022
202209 2.031 296.808 2.260
202212 1.867 296.797 2.077
202303 1.732 301.836 1.895
202306 1.695 305.109 1.834
202309 1.881 307.789 2.018
202312 1.834 306.746 1.974
202403 1.756 312.332 1.857
202406 1.863 314.175 1.958
202409 2.005 315.301 2.100
202412 1.907 315.605 1.995
202503 1.696 319.799 1.751
202506 1.820 322.561 1.863
202509 1.885 324.800 1.916
202512 1.907 324.054 1.943
202603 1.785 330.213 1.785

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 0.16 mean?
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) has a Cyclically Adjusted PS Ratio of 0.16 as of Jul. 08, 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 Al Maha Petroleum Products Marketing CoOG and its competitors. This is 60% above median its historical median of 0.10. Over the past decade, Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.18. According to the industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #80 out of 705 companies in the Oil & Gas industry, placing it in the top 11.3%.
Is Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio too high?
Al Maha Petroleum Products Marketing CoOG's current Cyclically Adjusted PS Ratio of 0.16 is 60% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.18. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.00. Al Maha Petroleum Products Marketing CoOG's value of 0.16 is 84% below this industry median. Based on the distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #80 out of 705 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Al Maha Petroleum Products Marketing CoOG has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Maha Petroleum Products Marketing CoOG's Cyclically Adjusted PS Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #80 out of 705 companies for Cyclically Adjusted PS Ratio. This places Al Maha Petroleum Products Marketing CoOG in the top 11% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.00. Al Maha Petroleum Products Marketing CoOG's value of 0.16 is 84% below this benchmark. Historically, Al Maha Petroleum Products Marketing CoOG's own Cyclically Adjusted PS Ratio has ranged from 0.04 to 0.18 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 1.00, Al Maha Petroleum Products Marketing CoOG 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 1.00, based on 705 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. Al Maha Petroleum Products Marketing CoOG's current Cyclically Adjusted PS Ratio of 0.16 is 84% 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 Al Maha Petroleum Products Marketing CoOG and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Petroleum Products Marketing CoOG's current Cyclically Adjusted PS Ratio is 0.16, which is 60% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Petroleum Products Marketing CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع1.06, compared to a current price of ر.ع1.20 — trading 13.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.16, which is 60% above median its 10-year median of 0.10 and 84% below the Oil & Gas industry median of 1.00. Al Maha Petroleum Products Marketing CoOG's overall GF Score™ is 100/100 with 3 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS), the current Cyclically Adjusted PS Ratio is 0.16 as of Jul. 08, 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Overvalued in 2026?

Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG stock appears to be overvalued. The current stock price of ر.ع1.20 is trading 13.2% above its estimated GF Value™ of ر.ع1.06. GuruFocus considers Al Maha Petroleum Products Marketing CoOG to be Modestly Overvalued.

Key valuation signals for MUS:MHAS:

  • Cyclically Adjusted PS Ratio: 0.16 (60% above median its 10-year median of 0.10)
  • GF Value™: ر.ع1.06 vs. price of ر.ع1.20 (13.2% above fair value)
  • GF Score™: 100/100 with 3 warning signs
  • Industry Position: 84% below the Oil & Gas median (#80 of 705)

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


Al Maha Petroleum Products Marketing CoOG Business Description

Industry EnergyOil & Gas
Address Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG engaged in strategic marketing and distributing a diverse range of petroleum products, including Gasoline (M91 & M95), diesel, aviation fuel, kerosene, and lubricants. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, Aviation, Non-Fuel Revenue and Lubricant. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.
100GF Score

Get the complete analysis for MUS:MHAS

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

ر.ع1.20
Price
ر.ع1.06
GF Value