Mermaid Maritime PCL (SGX:DU4) Cyclically Adjusted Revenue per Share: S$0.24 (As of Jun. 2026)

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What is Mermaid Maritime PCL Cyclically Adjusted Revenue per Share?

Mermaid Maritime PCL SGX:DU4 -1.19% Cyclically Adjusted Revenue per Share is S$0.24 as of Jun. 2026. The stock has 8 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.

Mermaid Maritime PCL's adjusted revenue per share for the three months ended in Jun. 2026 was S$0.042. 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 S$0.24 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.80% 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 Mermaid Maritime PCL was -1.40% per year. The lowest was -6.90% per year. And the median was -3.40% per year.

As of today (2026-09-13), Mermaid Maritime PCL's current stock price is S$0.083. Mermaid Maritime PCL's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was S$0.24. Mermaid Maritime PCL's Cyclically Adjusted PS Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mermaid Maritime PCL was 0.98. The lowest was 0.20. And the median was 0.34.


Mermaid Maritime PCL  (SGX:DU4) 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.

Mermaid Maritime PCL's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=0.083/0.24
=0.35

* 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 Mermaid Maritime PCL was 0.98. The lowest was 0.20. And the median was 0.34.


Be Aware

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


Mermaid Maritime PCL Cyclically Adjusted Revenue per Share Related Terms


Mermaid Maritime PCL Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Mermaid Maritime PCL'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.

Mermaid Maritime PCL Cyclically Adjusted Revenue per Share Chart

Mermaid Maritime PCL 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 0.24 0.24 0.22 0.23 0.23

Mermaid Maritime PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.24 0.23 0.23 0.24 0.24

SGX:DU4 vs SLB, BKR, HAL: Cyclically Adjusted Revenue per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Mermaid Maritime PCL'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.


Mermaid Maritime PCL Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mermaid Maritime PCL's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mermaid Maritime PCL 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, Mermaid Maritime PCL's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.042/333.9520*333.9520
=0.042

Current CPI (Jun. 2026) = 333.9520.

Mermaid Maritime PCL Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.050 241.428 0.069
201612 0.045 241.432 0.062
201703 0.036 243.801 0.049
201706 0.044 244.955 0.060
201709 0.029 246.819 0.039
201712 0.032 246.524 0.043
201803 0.017 249.554 0.023
201806 0.021 251.989 0.028
201809 0.029 252.439 0.038
201812 0.025 251.233 0.033
201903 0.025 254.202 0.033
201906 0.024 256.143 0.031
201909 0.026 256.759 0.034
201912 0.027 256.974 0.035
202003 0.022 258.115 0.028
202006 0.016 257.797 0.021
202009 0.021 260.280 0.027
202012 0.022 260.474 0.028
202103 0.018 264.877 0.023
202106 0.023 271.696 0.028
202109 0.025 274.310 0.030
202112 0.041 278.802 0.049
202203 0.039 287.504 0.045
202206 0.054 296.311 0.061
202209 0.066 296.808 0.074
202212 0.060 296.797 0.068
202303 0.041 301.836 0.045
202306 0.059 305.109 0.065
202309 0.082 307.789 0.089
202312 0.080 306.746 0.087
202403 0.084 312.332 0.090
202406 0.151 314.175 0.161
202409 0.138 315.301 0.146
202412 0.112 315.605 0.119
202503 0.111 319.799 0.116
202506 0.102 322.561 0.106
202509 0.105 324.800 0.108
202512 0.072 324.054 0.074
202603 0.056 330.213 0.057
202606 0.042 333.952 0.042

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 S$0.24 mean?
Mermaid Maritime PCL (SGX:DU4) has a Cyclically Adjusted Revenue per Share of S$0.24 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Mermaid Maritime PCL and its competitors.
Is Mermaid Maritime PCL's Cyclically Adjusted Revenue per Share too high?
Mermaid Maritime PCL's current Cyclically Adjusted Revenue per Share is S$0.24.
How does Mermaid Maritime PCL's Cyclically Adjusted Revenue per Share compare to SLB and BKR?
Mermaid Maritime PCL's Cyclically Adjusted Revenue per Share of S$0.24 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Cyclically Adjusted Revenue per Share depends on the Oil & Gas 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 Mermaid Maritime PCL and its competitors. Mermaid Maritime PCL's current Cyclically Adjusted Revenue per Share is S$0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mermaid Maritime PCL stock overvalued right now?
Based on GuruFocus' analysis, Mermaid Maritime PCL (SGX:DU4) is currently considered Fairly Valued. The stock's GF Value™ is S$0.08, compared to a current price of S$0.08 — trading 3.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is S$0.24. 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 Mermaid Maritime PCL (SGX:DU4), the current Cyclically Adjusted Revenue per Share is S$0.24 as of Jun. 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.

Mermaid Maritime PCL Business Description

Industry EnergyOil & Gas
Other Exchanges MMMPF:USA
Address Soi Chidlom, Ploenchit Road, No. 26/28-29, Orakarn Building, 9th Floor, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330
Mermaid Maritime PCL is a subsea and offshore drilling services company. It provides full turnkey services to oil and gas majors operating offshore such as subsea vessels, specialized diving equipment, remotely operated vehicles, and drilling and accommodation rigs. Its segments are the Subsea Group and Holding. The Subsea group, which is the key revenue driver, provides services including inspection, repair, and maintenance (IRM), infrastructure installation support, remotely operated vehicle (ROV) Support, and cable and flexible pipe laying. The company has a presence across the world and Saudi Arabia is the highest income generator.