Macerich Co (MEX:MAC) Cyclically Adjusted Revenue per Share: MXN109.38 (As of Mar. 2026)


MEX:MAC Macerich Co MEX:MAC
58 GF Score
Price MXN320.00
GF Value MXN194.69
! 9 Warning Signs
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What is Macerich Co Cyclically Adjusted Revenue per Share?

Macerich Co MEX:MAC 58 Cyclically Adjusted Revenue per Share is MXN109.38 as of Mar. 2026. GuruFocus rates MEX:MAC with a GF Score™ of 58/100 and a GF Value™ of MXN194.69. The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Macerich Co's adjusted revenue per share for the three months ended in Mar. 2026 was MXN16.880. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN109.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Macerich Co's average Cyclically Adjusted Revenue Growth Rate was -6.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -5.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -2.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Macerich Co was 3.30% per year. The lowest was -5.60% per year. And the median was -0.70% per year.

As of today (2026-07-05), Macerich Co's current stock price is MXN320.00. Macerich Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN109.38. Macerich Co's Cyclically Adjusted PS Ratio of today is 2.93.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Macerich Co was 10.62. The lowest was 0.69. And the median was 2.53.


Macerich Co  (MEX:MAC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Macerich Co's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=320.00/109.38
=2.93

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Macerich Co was 10.62. The lowest was 0.69. And the median was 2.53.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Macerich Co Cyclically Adjusted Revenue per Share Related Terms


Macerich Co Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Macerich Co's Cyclically Adjusted Revenue per Share 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.

Macerich Co Cyclically Adjusted Revenue per Share Chart

Macerich Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 153.73 170.96 119.90 87.85 112.33

Macerich Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 100.76 105.22 117.27 112.33 109.38

MEX:MAC vs EPRT, KRG, NNN: Cyclically Adjusted Revenue per Share Comparison

For the REIT - Retail subindustry, Macerich Co'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.


Macerich Co Cyclically Adjusted PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Macerich Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MEX:MAC
58GF Score
Macerich Co MEX:MAC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Macerich Co Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Macerich Co'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)
=16.88/330.2130*330.2130
=16.880

Current CPI (Mar. 2026) = 330.2130.

Macerich Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 32.749 241.018 44.869
201609 34.012 241.428 46.520
201612 38.956 241.432 53.281
201703 32.380 243.801 43.857
201706 31.556 244.955 42.539
201709 31.137 246.819 41.657
201712 35.765 246.524 47.906
201803 30.492 249.554 40.347
201806 32.654 251.989 42.791
201809 32.085 252.439 41.970
201812 34.328 251.233 45.120
201903 31.106 254.202 40.407
201906 30.982 256.143 39.941
201909 32.277 256.759 41.511
201912 32.260 256.974 41.454
202003 37.625 258.115 48.135
202006 28.606 257.797 36.642
202009 27.438 260.280 34.810
202012 25.861 260.474 32.785
202103 24.546 264.877 30.601
202106 20.846 271.696 25.336
202109 20.458 274.310 24.627
202112 21.977 278.802 26.030
202203 20.034 287.504 23.010
202206 19.098 296.311 21.283
202209 19.701 296.808 21.918
202212 20.678 296.797 23.006
202303 17.988 301.836 19.679
202306 16.899 305.109 18.289
202309 17.622 307.789 18.906
202312 18.774 306.746 20.210
202403 16.039 312.332 16.957
202406 18.264 314.175 19.196
202409 19.853 315.301 20.792
202412 24.111 315.605 25.227
202503 20.153 319.799 20.809
202506 18.584 322.561 19.025
202509 18.282 324.800 18.587
202512 18.361 324.054 18.710
202603 16.880 330.213 16.880

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN109.38 mean?
Macerich Co (MEX:MAC) has a Cyclically Adjusted Revenue per Share of MXN109.38 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Macerich Co and its competitors.
Is Macerich Co's Cyclically Adjusted Revenue per Share too high?
Macerich Co's current Cyclically Adjusted Revenue per Share is MXN109.38. Overall, Macerich Co has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Macerich Co's Cyclically Adjusted Revenue per Share compare to EPRT and KRG?
Macerich Co's Cyclically Adjusted Revenue per Share of MXN109.38 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Macerich Co and its competitors. Macerich Co's current Cyclically Adjusted Revenue per Share is MXN109.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macerich Co stock overvalued right now?
Macerich Co (MEX:MAC) has a current Cyclically Adjusted Revenue per Share of MXN109.38. The stock's GF Value™ is MXN194.69, compared to a current price of MXN320.00 — trading 64.4% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN109.38. Macerich Co's overall GF Score™ is 58/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Macerich Co (MEX:MAC), the current Cyclically Adjusted Revenue per Share is MXN109.38 as of Mar. 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 Macerich Co (MEX:MAC) Overvalued in 2026?

Based on GuruFocus' analysis, Macerich Co stock appears to be overvalued. The current stock price of MXN320.00 is trading 64.4% above its estimated GF Value™ of MXN194.69.

Key valuation signals for MEX:MAC:

  • Cyclically Adjusted Revenue per Share: MXN109.38
  • GF Value™: MXN194.69 vs. price of MXN320.00 (64.4% above fair value)
  • GF Score™: 58/100 with 9 warning signs

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


Macerich Co Business Description

Industry Real EstateREITs
Other Exchanges MAC:USA0JX5:UKM6G:Germany
Address 401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
Macerich invests in premium mall assets. The company owns 27 regional malls in its consolidated portfolio and 10 regional malls in its unconsolidated portfolio along with a power center and seven other real estate assets. The company's total portfolio has 39.9 million square feet of gross leasable area and averaged $867 sales per square foot over the 12 months ended in September 2025.
58GF Score

Get the complete analysis for MEX:MAC

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

MXN320.00
Price
MXN194.69
GF Value