Mene (TSXV:MENE) Cyclically Adjusted PS Ratio: 1.80 (As of Jul. 29, 2026) — 67% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:MENE Mene Inc TSXV:MENE
43 GF Score
Price C$0.18
GF Value C$0.18
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Mene Cyclically Adjusted PS Ratio?

Mene TSXV:MENE 43 Cyclically Adjusted PS Ratio is 1.80 as of Jul. 29, 2026, which is 67% below its 10-year median of 5.53. GuruFocus rates TSXV:MENE with a GF Score™ of 43/100 and a GF Value™ of C$0.18 (Fairly Valued). The stock has 1 warning sign investors should review. Among 792 Retail - Cyclical companies, Mene ranks worse than 83.46% on this metric.

As of today (2026-07-29), Mene's current share price is C$0.18. Mene's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.10. Mene's Cyclically Adjusted PS Ratio for today is 1.80.

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

TSXV:MENE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 5.53   Max: 13.8
Current: 1.78

During the past years, Mene's highest Cyclically Adjusted PS Ratio was 13.80. The lowest was 1.00. And the median was 5.53.

TSXV:MENE's Cyclically Adjusted PS Ratio is ranked worse than
83.46% of 792 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs TSXV:MENE: 1.78

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.

Mene's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.024. 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$0.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mene  (TSXV:MENE) 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.


Mene Cyclically Adjusted PS Ratio Related Terms


Mene Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mene'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.

Mene Cyclically Adjusted PS Ratio Chart

Mene Annual Data
Trend Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.74 5.48 3.20 1.20 1.50

Mene 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 1.43 1.48 1.63 1.50 1.97

TSXV:MENE vs TPR: Cyclically Adjusted PS Ratio Comparison

For the Luxury Goods subindustry, Mene'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.


Mene Cyclically Adjusted PS Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mene's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSXV:MENE
43GF Score
Mene Inc TSXV:MENE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mene 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.18/0.10
=1.80

* 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.

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

For example, Mene'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)
=0.024/132.2623*132.2623
=0.024

Current CPI (Mar. 2026) = 132.2623.

Mene Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201604 0.000 101.370 0.000
201607 0.000 101.844 0.000
201610 0.000 102.002 0.000
201701 0.000 102.318 0.000
201704 0.000 103.029 0.000
201707 0.000 103.029 0.000
201710 0.000 103.424 0.000
201801 0.000 104.056 0.000
201804 0.000 105.320 0.000
201807 0.000 106.110 0.000
201812 0.014 105.399 0.018
201903 0.011 106.979 0.014
201906 0.010 107.690 0.012
201909 0.013 107.611 0.016
201912 0.018 107.769 0.022
202003 0.021 107.927 0.026
202006 0.014 108.401 0.017
202009 0.022 108.164 0.027
202012 0.029 108.559 0.035
202103 0.029 110.298 0.035
202106 0.023 111.720 0.027
202109 0.021 112.905 0.025
202112 0.032 113.774 0.037
202203 0.028 117.646 0.031
202206 0.022 120.806 0.024
202209 0.020 120.648 0.022
202212 0.033 120.964 0.036
202303 0.028 122.702 0.030
202306 0.019 124.203 0.020
202309 0.017 125.230 0.018
202312 0.026 125.072 0.027
202403 0.019 126.258 0.020
202406 0.025 127.522 0.026
202409 0.021 127.285 0.022
202412 0.035 127.364 0.036
202503 0.028 129.181 0.029
202506 0.022 129.892 0.022
202509 0.023 130.287 0.023
202512 0.037 130.366 0.038
202603 0.024 132.262 0.024

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 1.80 mean?
Mene (TSXV:MENE) has a Cyclically Adjusted PS Ratio of 1.80 as of Jul. 29, 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 Mene and its competitors. This is 67% below median its historical median of 5.53. Over the past decade, Mene's Cyclically Adjusted PS Ratio has ranged from 1.00 to 13.80. According to the industry distribution chart, Mene ranks #661 out of 792 companies in the Retail - Cyclical industry, placing it in the top 83.5%.
Is Mene's Cyclically Adjusted PS Ratio too high?
Mene's current Cyclically Adjusted PS Ratio of 1.80 is 67% below median its 10-year median of 5.53. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 13.80. The Retail - Cyclical industry median Cyclically Adjusted PS Ratio is 0.49. Mene's value of 1.80 is 267.3% above this industry median. Based on the distribution chart, Mene ranks #661 out of 792 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mene has a GF Score™ of 43/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mene's Cyclically Adjusted PS Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mene ranks #661 out of 792 companies for Cyclically Adjusted PS Ratio. This places Mene in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.49. Mene's value of 1.80 is 267.3% above this benchmark. Historically, Mene's own Cyclically Adjusted PS Ratio has ranged from 1.00 to 13.80 over the past decade. While the company's 10-year median is 5.53 vs. the industry median of 0.49, Mene 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 Retail - Cyclical company?
The median Cyclically Adjusted PS Ratio among Retail - Cyclical companies is 0.49, based on 792 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. Mene's current Cyclically Adjusted PS Ratio of 1.80 is 267.3% 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 Mene and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mene's current Cyclically Adjusted PS Ratio is 1.80, which is 67% below median its own 10-year median of 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mene stock overvalued right now?
Based on GuruFocus' analysis, Mene (TSXV:MENE) is currently considered Fairly Valued. The stock's GF Value™ is C$0.18, compared to a current price of C$0.18 — trading right at its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.80, which is 67% below median its 10-year median of 5.53 and 267.3% above the Retail - Cyclical industry median of 0.49. Mene's overall GF Score™ is 43/100 with 1 warning sign 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 Mene (TSXV:MENE), the current Cyclically Adjusted PS Ratio is 1.80 as of Jul. 29, 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 Mene (TSXV:MENE) Overvalued in 2026?

Based on GuruFocus' analysis, Mene stock appears to be undervalued. The current stock price of C$0.18 is trading 0% below its estimated GF Value™ of C$0.18. GuruFocus considers Mene to be Fairly Valued.

Key valuation signals for TSXV:MENE:

  • Cyclically Adjusted PS Ratio: 1.80 (67% below median its 10-year median of 5.53)
  • GF Value™: C$0.18 vs. price of C$0.18 (0% below fair value)
  • GF Score™: 43/100 with 1 warning sign
  • Industry Position: 267.3% above the Retail - Cyclical median (#661 of 792)

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


Mene Business Description

Other Exchanges MENEF:USA
Address 334 Adelaide Street West, Suite 307, Toronto, ON, CAN, M5V 1R4
Mene Inc designs, manufactures, and markets 24 karat gold and platinum jewelry under the brand name Mene. The Company retails its jewelry by gram weight, direct-to-consumer through an online shopping experience. The Company sells 24 karat gold and platinum jewelry, including chains, bracelets, rings, pendants, charms, earrings, and bands.
43GF Score

Get the complete analysis for TSXV:MENE

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

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GF Value