Major Drilling Group International (STU:3MJ) Cyclically Adjusted PS Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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STU:3MJ Major Drilling Group International Inc STU:3MJ
81 GF Score
Price €10.10
GF Value €7.20
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Major Drilling Group International Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Major Drilling Group International  (STU:3MJ) 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.


Major Drilling Group International Cyclically Adjusted PS Ratio Related Terms


Major Drilling Group International Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Major Drilling Group International'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.

Major Drilling Group International Cyclically Adjusted PS Ratio Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.76 1.49 1.26 2.04

Major Drilling Group International Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 1.24 1.70 2.02 2.04 0.00

Major Drilling Group International Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.


Major Drilling Group International Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Cyclically Adjusted PS Ratio falls into.


STU:3MJ
81GF Score
Major Drilling Group International Inc STU:3MJ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Drilling Group International 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.

Major Drilling Group International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jul. 2026 is calculated as:

For example, Major Drilling Group International's adjusted Revenue per Share data for the three months ended in Jul. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=2.091/134.2375*134.2375
=2.091

Current CPI (Jul. 2026) = 134.2375.

Major Drilling Group International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201610 0.683 102.002 0.899
201701 0.624 102.318 0.819
201704 0.704 103.029 0.917
201707 0.716 103.029 0.933
201710 0.740 103.424 0.960
201801 0.616 104.056 0.795
201804 0.758 105.320 0.966
201807 0.799 106.110 1.011
201810 0.879 105.952 1.114
201901 0.660 105.557 0.839
201904 0.832 107.453 1.039
201907 0.996 108.243 1.235
201910 1.034 107.927 1.286
202001 0.697 108.085 0.866
202004 0.721 107.216 0.903
202007 0.715 108.401 0.885
202010 0.908 108.638 1.122
202101 0.801 109.192 0.985
202104 1.060 110.851 1.284
202107 1.240 112.431 1.481
202110 1.430 113.695 1.688
202201 1.174 114.801 1.373
202204 1.675 118.357 1.900
202207 1.826 120.964 2.026
202210 1.799 121.517 1.987
202301 1.239 121.596 1.368
202304 1.501 123.571 1.631
202307 1.634 124.914 1.756
202310 1.726 125.310 1.849
202401 1.107 125.072 1.188
202404 1.397 126.890 1.478
202407 1.558 128.075 1.633
202410 1.540 127.838 1.617
202501 1.316 127.443 1.386
202504 1.456 129.102 1.514
202507 1.730 130.290 1.782
202510 1.826 130.603 1.877
202601 1.391 130.366 1.432
202604 1.764 132.736 1.784
202607 2.091 134.238 2.091

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.

Is Major Drilling Group International (STU:3MJ) Overvalued in 2026?

Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued. The current stock price of €10.10 is trading 40.3% above its estimated GF Value™ of €7.20. GuruFocus considers Major Drilling Group International to be Significantly Overvalued.

Key valuation signals for STU:3MJ:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €7.20 vs. price of €10.10 (40.3% above fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the STU:3MJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Major Drilling Group International Business Description

Other Exchanges MJDLF:USAMDI:Canada
Address 111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
81GF Score

Get the complete analysis for STU:3MJ

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

€10.10
Price
€7.20
GF Value