MTY Food Group (TSX:MTY) Cyclically Adjusted PS Ratio: 1.07 (As of Aug. 26, 2026) — 72% Below Median

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TSX:MTY MTY Food Group Inc TSX:MTY
78 GF Score
Price C$36.32
GF Value C$45.16
Valuation Modestly Undervalued
! 4 Warning Signs
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What is MTY Food Group Cyclically Adjusted PS Ratio?

MTY Food Group TSX:MTY -0.27% 78 Cyclically Adjusted PS Ratio is 1.07 as of Aug. 26, 2026, which is 72% below its 10-year median of 3.88. GuruFocus rates TSX:MTY with a GF Score™ of 78/100 and a GF Value™ of C$45.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 262 Restaurants companies, MTY Food Group ranks worse than 64.12% on this metric.

As of today (2026-08-26), MTY Food Group's current share price is C$36.32. MTY Food Group's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 was C$33.81. MTY Food Group's Cyclically Adjusted PS Ratio for today is 1.07.

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

TSX:MTY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 3.88   Max: 10.66
Current: 1.06

During the past years, MTY Food Group's highest Cyclically Adjusted PS Ratio was 10.66. The lowest was 0.98. And the median was 3.88.

TSX:MTY's Cyclically Adjusted PS Ratio is ranked worse than
64.12% of 262 companies
in the Restaurants industry
Industry Median: 0.7 vs TSX:MTY: 1.06

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.

MTY Food Group's adjusted revenue per share data for the three months ended in May. 2026 was C$12.256. 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 C$33.81 for the trailing ten years ended in May. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MTY Food Group  (TSX:MTY) 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.


MTY Food Group Cyclically Adjusted PS Ratio Related Terms


MTY Food Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for MTY Food Group'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.

MTY Food Group Cyclically Adjusted PS Ratio Chart

MTY Food Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 3.58 2.36 1.82 1.22

MTY Food Group Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.49 1.29 1.22 1.29 1.16

TSX:MTY vs MCD, SBUX, YUM: Cyclically Adjusted PS Ratio Comparison

For the Restaurants subindustry, MTY Food Group'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.


MTY Food Group Cyclically Adjusted PS Ratio vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, MTY Food Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:MTY
78GF Score
MTY Food Group Inc TSX:MTY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTY Food Group 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.

MTY Food Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.32/33.81
=1.07

* 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.

MTY Food Group's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2026 is calculated as:

For example, MTY Food Group's adjusted Revenue per Share data for the three months ended in May. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2026 (Change)*Current CPI (May. 2026)
=12.256/134.0005*134.0005
=12.256

Current CPI (May. 2026) = 134.0005.

MTY Food Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201608 2.723 101.686 3.588
201611 3.169 101.607 4.179
201702 2.995 102.476 3.916
201705 3.273 103.108 4.254
201708 3.386 103.108 4.401
201711 3.263 103.740 4.215
201802 3.532 104.688 4.521
201805 4.267 105.399 5.425
201808 4.487 106.031 5.671
201811 4.597 105.478 5.840
201902 4.254 106.268 5.364
201905 4.988 107.927 6.193
201908 6.396 108.085 7.930
201911 6.245 107.769 7.765
202002 6.051 108.559 7.469
202005 3.957 107.532 4.931
202008 5.479 108.243 6.783
202011 5.147 108.796 6.339
202102 4.813 109.745 5.877
202105 5.495 111.404 6.610
202108 6.083 112.668 7.235
202111 5.719 113.932 6.726
202202 5.723 115.986 6.612
202205 6.654 120.016 7.429
202208 7.019 120.569 7.801
202211 9.895 121.675 10.897
202302 11.675 122.070 12.816
202305 12.466 124.045 13.466
202308 12.169 125.389 13.005
202311 11.461 125.468 12.240
202402 11.450 125.468 12.229
202405 12.578 127.601 13.209
202408 12.263 127.838 12.854
202411 12.061 127.838 12.642
202502 12.232 128.786 12.727
202505 13.271 129.813 13.699
202508 13.002 130.208 13.381
202511 13.280 130.682 13.617
202602 11.723 131.077 11.984
202605 12.256 134.001 12.256

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 1.07 mean?
MTY Food Group (TSX:MTY) has a Cyclically Adjusted PS Ratio of 1.07 as of Aug. 26, 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 MTY Food Group and its competitors. This is 72% below median its historical median of 3.88. Over the past decade, MTY Food Group's Cyclically Adjusted PS Ratio has ranged from 0.98 to 10.66. According to the industry distribution chart, MTY Food Group ranks #168 out of 262 companies in the Restaurants industry, placing it in the top 64.1%.
Is MTY Food Group's Cyclically Adjusted PS Ratio too high?
MTY Food Group's current Cyclically Adjusted PS Ratio of 1.07 is 72% below median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 10.66. The Restaurants industry median Cyclically Adjusted PS Ratio is 0.70. MTY Food Group's value of 1.07 is 52.9% above this industry median. Based on the distribution chart, MTY Food Group ranks #168 out of 262 companies in the Restaurants industry, which is below the industry midpoint. Overall, MTY Food Group has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MTY Food Group's Cyclically Adjusted PS Ratio compare to MCD and SBUX?
According to the Restaurants industry distribution chart, MTY Food Group ranks #168 out of 262 companies for Cyclically Adjusted PS Ratio. This places MTY Food Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.70. MTY Food Group's value of 1.07 is 52.9% above this benchmark. Historically, MTY Food Group's own Cyclically Adjusted PS Ratio has ranged from 0.98 to 10.66 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 0.70, MTY Food Group 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 Restaurants company?
The median Cyclically Adjusted PS Ratio among Restaurants companies is 0.70, based on 262 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. MTY Food Group's current Cyclically Adjusted PS Ratio of 1.07 is 52.9% 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 MTY Food Group and its competitors. For the Restaurants industry, the median Cyclically Adjusted PS Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTY Food Group's current Cyclically Adjusted PS Ratio is 1.07, which is 72% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTY Food Group stock overvalued right now?
Based on GuruFocus' analysis, MTY Food Group (TSX:MTY) is currently considered Modestly Undervalued. The stock's GF Value™ is C$45.16, compared to a current price of C$36.32 — trading 19.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.07, which is 72% below median its 10-year median of 3.88 and 52.9% above the Restaurants industry median of 0.70. MTY Food Group's overall GF Score™ is 78/100 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 MTY Food Group (TSX:MTY), the current Cyclically Adjusted PS Ratio is 1.07 as of Aug. 26, 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 MTY Food Group (TSX:MTY) Overvalued in 2026?

Based on GuruFocus' analysis, MTY Food Group stock appears to be undervalued. The current stock price of C$36.32 is trading 19.6% below its estimated GF Value™ of C$45.16. GuruFocus considers MTY Food Group to be Modestly Undervalued.

Key valuation signals for TSX:MTY:

  • Cyclically Adjusted PS Ratio: 1.07 (72% below median its 10-year median of 3.88)
  • GF Value™: C$45.16 vs. price of C$36.32 (19.6% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 52.9% above the Restaurants median (#168 of 262)

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


MTY Food Group Business Description

Other Exchanges MTYFF:USA9MF:Germany
Address 8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5
MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada; and US & International, which earns maximum revenue. The company brands include Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.
78GF Score

Get the complete analysis for TSX:MTY

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

C$36.32
Price
C$45.16
GF Value