Mera (WAR:MER) Cyclically Adjusted PS Ratio: 0.29 (As of Jul. 25, 2026) — 19% Below Median

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WAR:MER Mera SA WAR:MER
60 GF Score
Price zł0.94
GF Value zł1.39
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mera Cyclically Adjusted PS Ratio?

Mera WAR:MER 60 Cyclically Adjusted PS Ratio is 0.29 as of Jul. 25, 2026, which is 19% below its 10-year median of 0.36. GuruFocus rates WAR:MER with a GF Score™ of 60/100 and a GF Value™ of zł1.39 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 338 Furnishings, Fixtures & Appliances companies, Mera ranks better than 72.49% on this metric.

As of today (2026-07-25), Mera's current share price is zł0.94. Mera's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was zł3.20. Mera's Cyclically Adjusted PS Ratio for today is 0.29.

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

WAR:MER' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.36   Max: 0.6
Current: 0.31

During the past years, Mera's highest Cyclically Adjusted PS Ratio was 0.60. The lowest was 0.25. And the median was 0.36.

WAR:MER's Cyclically Adjusted PS Ratio is ranked better than
72.49% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.675 vs WAR:MER: 0.31

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.

Mera's adjusted revenue per share data for the three months ended in Mar. 2026 was zł0.358. 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 zł3.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mera  (WAR:MER) 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.


Mera Cyclically Adjusted PS Ratio Related Terms


Mera Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Mera'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.

Mera Cyclically Adjusted PS Ratio Chart

Mera 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 0.36 0.33 0.29 0.38 0.36

Mera 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 0.41 0.42 0.38 0.36 0.32

WAR:MER vs SN, SGI, MHK: Cyclically Adjusted PS Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Mera'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.


Mera Cyclically Adjusted PS Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mera's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


WAR:MER
60GF Score
Mera SA WAR:MER
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mera 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.94/3.20
=0.29

* 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.

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

For example, Mera'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)
=0.358/163.0700*163.0700
=0.358

Current CPI (Mar. 2026) = 163.0700.

Mera Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.150 99.552 1.884
201609 1.141 99.064 1.878
201612 1.188 100.366 1.930
201703 1.067 101.018 1.722
201706 0.807 101.180 1.301
201709 1.213 101.343 1.952
201712 0.759 102.564 1.207
201803 0.958 102.564 1.523
201806 0.350 103.378 0.552
201809 0.480 103.378 0.757
201812 0.684 103.785 1.075
201903 0.458 104.274 0.716
201906 0.365 105.983 0.562
201909 0.349 105.983 0.537
201912 0.366 107.123 0.557
202003 0.312 109.076 0.466
202006 0.333 109.402 0.496
202009 0.433 109.320 0.646
202012 0.444 109.565 0.661
202103 0.512 112.658 0.741
202106 0.587 113.960 0.840
202109 0.591 115.588 0.834
202112 0.561 119.088 0.768
202203 0.473 125.031 0.617
202206 0.602 131.705 0.745
202209 0.525 135.531 0.632
202212 0.618 139.113 0.724
202303 0.470 145.950 0.525
202306 0.510 147.009 0.566
202309 0.460 146.113 0.513
202312 0.406 147.741 0.448
202403 0.403 149.044 0.441
202406 0.383 150.997 0.414
202409 0.304 153.439 0.323
202412 0.215 154.660 0.227
202503 0.411 157.021 0.427
202506 0.424 157.509 0.439
202509 0.405 158.000 0.418
202512 0.516 158.320 0.531
202603 0.358 163.070 0.358

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 0.29 mean?
Mera (WAR:MER) has a Cyclically Adjusted PS Ratio of 0.29 as of Jul. 25, 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 Mera and its competitors. This is 19% below median its historical median of 0.36. Over the past decade, Mera's Cyclically Adjusted PS Ratio has ranged from 0.25 to 0.60. According to the industry distribution chart, Mera ranks #93 out of 338 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 27.5%.
Is Mera's Cyclically Adjusted PS Ratio too high?
Mera's current Cyclically Adjusted PS Ratio of 0.29 is 19% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.60. The Furnishings, Fixtures & Appliances industry median Cyclically Adjusted PS Ratio is 0.68. Mera's value of 0.29 is 57% below this industry median. Based on the distribution chart, Mera ranks #93 out of 338 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Mera has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mera's Cyclically Adjusted PS Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Mera ranks #93 out of 338 companies for Cyclically Adjusted PS Ratio. This puts Mera in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.68. Mera's value of 0.29 is 57% below this benchmark. Historically, Mera's own Cyclically Adjusted PS Ratio has ranged from 0.25 to 0.60 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.68, Mera 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 Furnishings, Fixtures & Appliances company?
The median Cyclically Adjusted PS Ratio among Furnishings, Fixtures & Appliances companies is 0.68, based on 338 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. Mera's current Cyclically Adjusted PS Ratio of 0.29 is 57% 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 Mera and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Cyclically Adjusted PS Ratio is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mera's current Cyclically Adjusted PS Ratio is 0.29, which is 19% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mera stock overvalued right now?
Based on GuruFocus' analysis, Mera (WAR:MER) is currently considered Possible Value Trap. The stock's GF Value™ is zł1.39, compared to a current price of zł0.94 — trading 32.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.29, which is 19% below median its 10-year median of 0.36 and 57% below the Furnishings, Fixtures & Appliances industry median of 0.68. Mera's overall GF Score™ is 60/100 with 3 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 Mera (WAR:MER), the current Cyclically Adjusted PS Ratio is 0.29 as of Jul. 25, 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 Mera (WAR:MER) Overvalued in 2026?

Based on GuruFocus' analysis, Mera stock appears to be undervalued. The current stock price of zł0.94 is trading 32.4% below its estimated GF Value™ of zł1.39. GuruFocus considers Mera to be Possible Value Trap.

Key valuation signals for WAR:MER:

  • Cyclically Adjusted PS Ratio: 0.29 (19% below median its 10-year median of 0.36)
  • GF Value™: zł1.39 vs. price of zł0.94 (32.4% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 57% below the Furnishings, Fixtures & Appliances median (#93 of 338)

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


Mera Business Description

Address ul. Sikorskiego 3, Lewin Brzeski, POL, 49-340
Mera SA is engaged in the design and manufacture of wooden stairs. The company's product portfolio includes stairs, railings, accessories, wood, and furniture.
60GF Score

Get the complete analysis for WAR:MER

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

zł0.94
Price
zł1.39
GF Value