MXCLF (MAX Co) Cyclically Adjusted PS Ratio: 3.60 (As of Jul. 21, 2026) — 163% Above Median

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MXCLF MAX Co Ltd MXCLF
72 GF Score
Price $2.59
GF Value $1.67
! 4 Warning Signs
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What is MAX Co Cyclically Adjusted PS Ratio?

MAX Co MXCLF 72 Cyclically Adjusted PS Ratio is 3.60 as of Jul. 21, 2026, which is 163% above its 10-year median of 1.37. GuruFocus rates MXCLF with a GF Score™ of 72/100 and a GF Value™ of $1.67. The stock has 4 warning signs investors should review. Among 2,298 Industrial Products companies, MAX Co ranks worse than 74.85% on this metric.

As of today (2026-07-21), MAX Co's current share price is $2.59318. MAX Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.72. MAX Co's Cyclically Adjusted PS Ratio for today is 3.60.

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

MXCLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.37   Max: 4.06
Current: 3.87

During the past years, MAX Co's highest Cyclically Adjusted PS Ratio was 4.06. The lowest was 0.98. And the median was 1.37.

MXCLF's Cyclically Adjusted PS Ratio is ranked worse than
74.85% of 2298 companies
in the Industrial Products industry
Industry Median: 1.74 vs MXCLF: 3.87

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.

MAX Co's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.878. 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 $0.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MAX Co  (OTCPK:MXCLF) 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.


MAX Co Cyclically Adjusted PS Ratio Related Terms


MAX Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MAX Co'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.

MAX Co Cyclically Adjusted PS Ratio Chart

MAX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.42 2.07 2.52 3.63

MAX Co 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 2.52 2.73 3.26 3.93 3.63

MXCLF vs SNA, RBC, LECO: Cyclically Adjusted PS Ratio Comparison

For the Tools & Accessories subindustry, MAX Co'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.


MAX Co Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MXCLF
72GF Score
MAX Co Ltd MXCLF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MAX Co 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.

MAX Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.59318/0.72
=3.60

* 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.

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

For example, MAX Co'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)
=0.878/112.7000*112.7000
=0.878

Current CPI (Mar. 2026) = 112.7000.

MAX Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.759 98.100 0.872
201609 0.827 98.000 0.951
201612 0.738 98.400 0.845
201703 0.797 98.100 0.916
201706 0.724 98.500 0.828
201709 0.783 98.800 0.893
201712 0.780 99.400 0.884
201803 0.855 99.200 0.971
201806 0.777 99.200 0.883
201809 0.785 99.900 0.886
201812 0.817 99.700 0.924
201903 0.819 99.700 0.926
201906 0.816 99.800 0.921
201909 0.838 100.100 0.943
201912 0.819 100.500 0.918
202003 0.821 100.300 0.922
202006 0.693 99.900 0.782
202009 0.749 99.900 0.845
202012 0.820 99.300 0.931
202103 0.829 99.900 0.935
202106 0.817 99.500 0.925
202109 0.878 100.100 0.989
202112 0.878 100.100 0.989
202203 0.870 101.100 0.970
202206 0.802 101.800 0.888
202209 0.798 103.100 0.872
202212 0.859 104.100 0.930
202303 0.808 104.400 0.872
202306 0.793 105.200 0.850
202309 0.782 106.200 0.830
202312 0.832 106.800 0.878
202403 0.764 107.200 0.803
202406 0.769 108.200 0.801
202409 0.838 108.900 0.867
202412 0.843 110.700 0.858
202503 0.825 111.100 0.837
202506 0.913 111.700 0.921
202509 0.904 112.000 0.910
202512 0.903 113.000 0.901
202603 0.878 112.700 0.878

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 3.60 mean?
MAX Co (MXCLF) has a Cyclically Adjusted PS Ratio of 3.60 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 MAX Co and its competitors. This is 163% above median its historical median of 1.37. Over the past decade, MAX Co's Cyclically Adjusted PS Ratio has ranged from 0.98 to 4.06. According to the industry distribution chart, MAX Co ranks #1720 out of 2298 companies in the Industrial Products industry, placing it in the top 74.8%.
Is MAX Co's Cyclically Adjusted PS Ratio too high?
MAX Co's current Cyclically Adjusted PS Ratio of 3.60 is 163% above median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 4.06. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.74. MAX Co's value of 3.60 is 106.9% above this industry median. Based on the distribution chart, MAX Co ranks #1720 out of 2298 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MAX Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does MAX Co's Cyclically Adjusted PS Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MAX Co ranks #1720 out of 2298 companies for Cyclically Adjusted PS Ratio. This places MAX Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.74. MAX Co's value of 3.60 is 106.9% above this benchmark. Historically, MAX Co's own Cyclically Adjusted PS Ratio has ranged from 0.98 to 4.06 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.74, MAX Co 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 an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.74, based on 2,298 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. MAX Co's current Cyclically Adjusted PS Ratio of 3.60 is 106.9% 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 MAX Co and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MAX Co's current Cyclically Adjusted PS Ratio is 3.60, which is 163% above median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Co stock overvalued right now?
MAX Co (MXCLF) has a current Cyclically Adjusted PS Ratio of 3.60. The stock's GF Value™ is $1.67, compared to a current price of $2.59 — trading 55.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.60, which is 163% above median its 10-year median of 1.37 and 106.9% above the Industrial Products industry median of 1.74. MAX Co's overall GF Score™ is 72/100 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 MAX Co (MXCLF), the current Cyclically Adjusted PS Ratio is 3.60 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 MAX Co (MXCLF) Overvalued in 2026?

Based on GuruFocus' analysis, MAX Co stock appears to be overvalued. The current stock price of $2.59 is trading 55.3% above its estimated GF Value™ of $1.67.

Key valuation signals for MXCLF:

  • Cyclically Adjusted PS Ratio: 3.60 (163% above median its 10-year median of 1.37)
  • GF Value™: $1.67 vs. price of $2.59 (55.3% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 106.9% above the Industrial Products median (#1720 of 2298)

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


MAX Co Business Description

Other Exchanges 6454:Japan
Address 6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
72GF Score

Get the complete analysis for MXCLF

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

$2.59
Price
$1.67
GF Value