Methanex (TSX:MX) Cyclically Adjusted PS Ratio: 1.03 (As of Jul. 17, 2026) — Near Median

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TSX:MX Methanex Corp TSX:MX
72 GF Score
Price C$74.69
GF Value C$59.47
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Methanex Cyclically Adjusted PS Ratio?

Methanex TSX:MX -2.11% 72 Cyclically Adjusted PS Ratio is 1.03 as of Jul. 17, 2026, which is 6% below its 10-year median of 1.09. GuruFocus rates TSX:MX with a GF Score™ of 72/100 and a GF Value™ of C$59.47 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,279 Chemicals companies, Methanex ranks better than 58.09% on this metric.

As of today (2026-07-17), Methanex's current share price is C$74.69. Methanex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$72.45. Methanex's Cyclically Adjusted PS Ratio for today is 1.03.

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

TSX:MX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.09   Max: 3.11
Current: 1.03

During the past years, Methanex's highest Cyclically Adjusted PS Ratio was 3.11. The lowest was 0.36. And the median was 1.09.

TSX:MX's Cyclically Adjusted PS Ratio is ranked better than
58.09% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs TSX:MX: 1.03

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.

Methanex's adjusted revenue per share data for the three months ended in Mar. 2026 was C$17.272. 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$72.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Methanex  (TSX:MX) 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.


Methanex Cyclically Adjusted PS Ratio Related Terms


Methanex Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Methanex'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.

Methanex Cyclically Adjusted PS Ratio Chart

Methanex 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 1.01 0.90 1.01 1.09 0.77

Methanex 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 0.74 0.65 0.79 0.77 1.14

TSX:MX vs DOW: Cyclically Adjusted PS Ratio Comparison

For the Chemicals subindustry, Methanex'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.


Methanex Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Methanex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:MX
72GF Score
Methanex Corp TSX:MX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Methanex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.69/72.45
=1.03

* 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.

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

For example, Methanex'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)
=17.272/132.2623*132.2623
=17.272

Current CPI (Mar. 2026) = 132.2623.

Methanex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.713 102.002 8.705
201609 7.446 101.765 9.677
201612 8.697 101.449 11.339
201703 12.073 102.634 15.558
201706 10.103 103.029 12.970
201709 10.297 103.345 13.178
201712 13.102 103.345 16.768
201803 14.784 105.004 18.622
201806 15.254 105.557 19.113
201809 17.143 105.636 21.464
201812 26.049 105.399 32.688
201903 15.598 106.979 19.284
201906 14.653 107.690 17.996
201909 13.288 107.611 16.332
201912 13.288 107.769 16.308
202003 13.651 107.927 16.729
202006 9.111 108.401 11.116
202009 10.092 108.164 12.340
202012 13.639 108.559 16.617
202103 16.713 110.298 20.041
202106 17.093 111.720 20.236
202109 17.924 112.905 20.997
202112 21.145 113.774 24.581
202203 20.148 117.646 22.651
202206 20.130 120.806 22.039
202209 19.183 120.648 21.030
202212 19.207 120.964 21.001
202303 20.655 122.702 22.264
202306 18.381 124.203 19.574
202309 16.532 125.230 17.460
202312 18.367 125.072 19.423
202403 18.346 126.258 19.219
202406 18.716 127.522 19.412
202409 18.758 127.285 19.492
202412 20.013 127.364 20.783
202503 19.062 129.181 19.517
202506 16.041 129.892 16.334
202509 16.589 130.287 16.840
202512 17.248 130.366 17.499
202603 17.272 132.262 17.272

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 1.03 mean?
Methanex (TSX:MX) has a Cyclically Adjusted PS Ratio of 1.03 as of Jul. 17, 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 Methanex and its competitors. This is near median its historical median of 1.09. Over the past decade, Methanex's Cyclically Adjusted PS Ratio has ranged from 0.36 to 3.11. According to the industry distribution chart, Methanex ranks #536 out of 1279 companies in the Chemicals industry, placing it in the top 41.9%.
Is Methanex's Cyclically Adjusted PS Ratio too high?
Methanex's current Cyclically Adjusted PS Ratio of 1.03 is near median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 3.11. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Methanex's value of 1.03 is 22% below this industry median. Based on the distribution chart, Methanex ranks #536 out of 1279 companies in the Chemicals industry, which is above the industry midpoint. Overall, Methanex has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Methanex's Cyclically Adjusted PS Ratio compare to DOW?
According to the Chemicals industry distribution chart, Methanex ranks #536 out of 1279 companies for Cyclically Adjusted PS Ratio. This puts Methanex in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. Methanex's value of 1.03 is 22% below this benchmark. Historically, Methanex's own Cyclically Adjusted PS Ratio has ranged from 0.36 to 3.11 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.32, Methanex 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 a Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. Methanex's current Cyclically Adjusted PS Ratio of 1.03 is 22% 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 Methanex and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methanex's current Cyclically Adjusted PS Ratio is 1.03, which is near median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methanex stock overvalued right now?
Based on GuruFocus' analysis, Methanex (TSX:MX) is currently considered Modestly Overvalued. The stock's GF Value™ is C$59.47, compared to a current price of C$74.69 — trading 25.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.03, which is near median its 10-year median of 1.09 and 22% below the Chemicals industry median of 1.32. Methanex's overall GF Score™ is 72/100 with 7 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 Methanex (TSX:MX), the current Cyclically Adjusted PS Ratio is 1.03 as of Jul. 17, 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 Methanex (TSX:MX) Overvalued in 2026?

Based on GuruFocus' analysis, Methanex stock appears to be overvalued. The current stock price of C$74.69 is trading 25.6% above its estimated GF Value™ of C$59.47. GuruFocus considers Methanex to be Modestly Overvalued.

Key valuation signals for TSX:MX:

  • Cyclically Adjusted PS Ratio: 1.03 (near median its 10-year median of 1.09)
  • GF Value™: C$59.47 vs. price of C$74.69 (25.6% above fair value)
  • GF Score™: 72/100 with 7 warning signs
  • Industry Position: 22% below the Chemicals median (#536 of 1279)

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


Methanex Business Description

Other Exchanges MEOH:USAMX5:Germany
Address 200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1
Methanex Corp operates as a producer and supplier of methanol to various international markets in North America, Asia Pacific, Europe and South America. The company's operations consist prominently of the production and sale of methanol, along with the production and sale of ammonia. Geographically, it operates in China, Europe, the United States, South America, South Korea, Other Asia, and Canada. The majority of revenue is derived from Europe.
72GF Score

Get the complete analysis for TSX:MX

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

C$74.69
Price
C$59.47
GF Value