MGRC (McGrath RentCorp) Cyclically Adjusted Revenue per Share: $30.90 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

MGRC McGrath RentCorp MGRC
91 GF Score
Price $121.02
GF Value $122.35
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is McGrath RentCorp Cyclically Adjusted Revenue per Share?

McGrath RentCorp MGRC +2.87% 91 Cyclically Adjusted Revenue per Share is $30.90 as of Mar. 2026. GuruFocus rates MGRC with a GF Score™ of 91/100 and a GF Value™ of $122.35 (Fairly Valued). The stock has 5 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.

McGrath RentCorp's adjusted revenue per share for the three months ended in Mar. 2026 was $8.050. 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 $30.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, McGrath RentCorp's average Cyclically Adjusted Revenue Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.60% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% 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 McGrath RentCorp was 16.00% per year. The lowest was 4.50% per year. And the median was 9.20% per year.

As of today (2026-07-16), McGrath RentCorp's current stock price is $121.02. McGrath RentCorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $30.90. McGrath RentCorp's Cyclically Adjusted PS Ratio of today is 3.92.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of McGrath RentCorp was 5.14. The lowest was 2.04. And the median was 3.74.


McGrath RentCorp  (NAS:MGRC) 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.

McGrath RentCorp's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=121.02/30.90
=3.92

* 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 McGrath RentCorp was 5.14. The lowest was 2.04. And the median was 3.74.


Be Aware

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


McGrath RentCorp Cyclically Adjusted Revenue per Share Related Terms


McGrath RentCorp Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for McGrath RentCorp'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.

McGrath RentCorp Cyclically Adjusted Revenue per Share Chart

McGrath RentCorp 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 20.94 23.03 25.28 27.66 30.07

McGrath RentCorp 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 28.35 29.06 29.70 30.07 30.90

MGRC vs CTOS, VSTS, PRG: Cyclically Adjusted Revenue per Share Comparison

For the Rental & Leasing Services subindustry, McGrath RentCorp'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.


McGrath RentCorp Cyclically Adjusted PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, McGrath RentCorp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MGRC
91GF Score
McGrath RentCorp MGRC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

McGrath RentCorp 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, McGrath RentCorp'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)
=8.05/330.2130*330.2130
=8.050

Current CPI (Mar. 2026) = 330.2130.

McGrath RentCorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 4.305 241.018 5.898
201609 5.074 241.428 6.940
201612 4.381 241.432 5.992
201703 3.914 243.801 5.301
201706 4.548 244.955 6.131
201709 5.588 246.819 7.476
201712 4.994 246.524 6.689
201803 4.293 249.554 5.681
201806 4.759 251.989 6.236
201809 5.828 252.439 7.624
201812 5.431 251.233 7.138
201903 4.972 254.202 6.459
201906 5.185 256.143 6.684
201909 7.046 256.759 9.062
201912 5.957 256.974 7.655
202003 5.233 258.115 6.695
202006 5.626 257.797 7.206
202009 6.401 260.280 8.121
202012 6.093 260.474 7.724
202103 4.944 264.877 6.164
202106 5.978 271.696 7.266
202109 7.071 274.310 8.512
202112 3.817 278.802 4.521
202203 5.097 287.504 5.854
202206 6.258 296.311 6.974
202209 7.115 296.808 7.916
202212 7.457 296.797 8.297
202303 6.671 301.836 7.298
202306 8.283 305.109 8.965
202309 9.929 307.789 10.652
202312 9.032 306.746 9.723
202403 7.646 312.332 8.084
202406 8.657 314.175 9.099
202409 10.858 315.301 11.372
202412 9.913 315.605 10.372
202503 7.937 319.799 8.195
202506 9.571 322.561 9.798
202509 10.406 324.800 10.579
202512 10.417 324.054 10.615
202603 8.050 330.213 8.050

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 $30.90 mean?
McGrath RentCorp (MGRC) has a Cyclically Adjusted Revenue per Share of $30.90 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 McGrath RentCorp and its competitors.
Is McGrath RentCorp's Cyclically Adjusted Revenue per Share too high?
McGrath RentCorp's current Cyclically Adjusted Revenue per Share is $30.90. Overall, McGrath RentCorp has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Cyclically Adjusted Revenue per Share compare to CTOS and VSTS?
McGrath RentCorp's Cyclically Adjusted Revenue per Share of $30.90 can be compared against companies in the Business Services 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 Business Services company?
A good Cyclically Adjusted Revenue per Share depends on the Business Services 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 McGrath RentCorp and its competitors. McGrath RentCorp's current Cyclically Adjusted Revenue per Share is $30.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McGrath RentCorp stock overvalued right now?
Based on GuruFocus' analysis, McGrath RentCorp (MGRC) is currently considered Fairly Valued. The stock's GF Value™ is $122.35, compared to a current price of $121.02 — trading 1.1% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $30.90. McGrath RentCorp's overall GF Score™ is 91/100 with 5 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 McGrath RentCorp (MGRC), the current Cyclically Adjusted Revenue per Share is $30.90 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 McGrath RentCorp (MGRC) Overvalued in 2026?

Based on GuruFocus' analysis, McGrath RentCorp stock appears to be undervalued. The current stock price of $121.02 is trading 1.1% below its estimated GF Value™ of $122.35. GuruFocus considers McGrath RentCorp to be Fairly Valued.

Key valuation signals for MGRC:

  • Cyclically Adjusted Revenue per Share: $30.90
  • GF Value™: $122.35 vs. price of $121.02 (1.1% below fair value)
  • GF Score™: 91/100 with 5 warning signs

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


McGrath RentCorp Business Description

Other Exchanges MG8:Germany
Address 5700 Las Positas Road, Livermore, CA, USA, 94551-7800
McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
91GF Score

Get the complete analysis for MGRC

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

$121.02
Price
$122.35
GF Value