Major Drilling Group International (TSX:MDI) Cyclically Adjusted Revenue per Share: C$7.69 (As of Apr. 2026)

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TSX:MDI Major Drilling Group International Inc TSX:MDI
89 GF Score
Price C$14.49
GF Value C$11.51
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Major Drilling Group International Cyclically Adjusted Revenue per Share?

Major Drilling Group International TSX:MDI +3.50% 89 Cyclically Adjusted Revenue per Share is C$7.69 as of Apr. 2026. GuruFocus rates TSX:MDI with a GF Score™ of 89/100 and a GF Value™ of C$11.51 (Modestly Overvalued). The stock has 4 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.

Major Drilling Group International's adjusted revenue per share for the three months ended in Apr. 2026 was C$2.837. 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 C$7.69 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Major Drilling Group International's average Cyclically Adjusted Revenue Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 5.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 0.60% 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 Major Drilling Group International was 9.50% per year. The lowest was -4.30% per year. And the median was 2.30% per year.

As of today (2026-07-22), Major Drilling Group International's current stock price is C$14.49. Major Drilling Group International's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2026 was C$7.69. Major Drilling Group International's Cyclically Adjusted PS Ratio of today is 1.88.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Major Drilling Group International was 2.47. The lowest was 0.41. And the median was 1.24.


Major Drilling Group International  (TSX:MDI) 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.

Major Drilling Group International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=14.49/7.69
=1.88

* 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 Major Drilling Group International was 2.47. The lowest was 0.41. And the median was 1.24.


Be Aware

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


Major Drilling Group International Cyclically Adjusted Revenue per Share Related Terms


Major Drilling Group International Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Major Drilling Group International'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.

Major Drilling Group International Cyclically Adjusted Revenue per Share Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.92 5.95 6.40 6.90 7.69

Major Drilling Group International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.90 7.11 7.29 7.38 7.69

Major Drilling Group International Cyclically Adjusted Revenue per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International'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.


Major Drilling Group International Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Cyclically Adjusted PS Ratio falls into.


TSX:MDI
89GF Score
Major Drilling Group International Inc TSX:MDI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Major Drilling Group International 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, Major Drilling Group International's adjusted Revenue per Share data for the three months ended in Apr. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=2.837/132.7364*132.7364
=2.837

Current CPI (Apr. 2026) = 132.7364.

Major Drilling Group International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201607 0.862 101.844 1.123
201610 0.997 102.002 1.297
201701 0.875 102.318 1.135
201704 1.014 103.029 1.306
201707 1.047 103.029 1.349
201710 1.096 103.424 1.407
201801 0.934 104.056 1.191
201804 1.184 105.320 1.492
201807 1.226 106.110 1.534
201810 1.314 105.952 1.646
201901 1.002 105.557 1.260
201904 1.250 107.453 1.544
201907 1.463 108.243 1.794
201910 1.509 107.927 1.856
202001 1.013 108.085 1.244
202004 1.101 107.216 1.363
202007 1.109 108.401 1.358
202010 1.413 108.638 1.726
202101 1.242 109.192 1.510
202104 1.585 110.851 1.898
202107 1.836 112.431 2.168
202110 2.063 113.695 2.409
202201 1.676 114.801 1.938
202204 2.285 118.357 2.563
202207 2.403 120.964 2.637
202210 2.426 121.517 2.650
202301 1.792 121.596 1.956
202304 2.219 123.571 2.384
202307 2.387 124.914 2.536
202310 2.499 125.310 2.647
202401 1.618 125.072 1.717
202404 2.050 126.890 2.144
202407 2.317 128.075 2.401
202410 2.308 127.838 2.396
202501 1.960 127.443 2.041
202504 2.288 129.102 2.352
202507 2.763 130.290 2.815
202510 2.974 130.603 3.023
202601 2.250 130.366 2.291
202604 2.837 132.736 2.837

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 C$7.69 mean?
Major Drilling Group International (TSX:MDI) has a Cyclically Adjusted Revenue per Share of C$7.69 as of Apr. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Major Drilling Group International and its competitors.
Is Major Drilling Group International's Cyclically Adjusted Revenue per Share too high?
Major Drilling Group International's current Cyclically Adjusted Revenue per Share is C$7.69. Overall, Major Drilling Group International has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Cyclically Adjusted Revenue per Share compare to competitors?
Major Drilling Group International's Cyclically Adjusted Revenue per Share of C$7.69 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Cyclically Adjusted Revenue per Share depends on the Metals & Mining 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 Major Drilling Group International and its competitors. Major Drilling Group International's current Cyclically Adjusted Revenue per Share is C$7.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (TSX:MDI) is currently considered Modestly Overvalued. The stock's GF Value™ is C$11.51, compared to a current price of C$14.49 — trading 25.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$7.69. Major Drilling Group International's overall GF Score™ is 89/100 with 4 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 Major Drilling Group International (TSX:MDI), the current Cyclically Adjusted Revenue per Share is C$7.69 as of Apr. 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 Major Drilling Group International (TSX:MDI) Overvalued in 2026?

Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued. The current stock price of C$14.49 is trading 25.9% above its estimated GF Value™ of C$11.51. GuruFocus considers Major Drilling Group International to be Modestly Overvalued.

Key valuation signals for TSX:MDI:

  • Cyclically Adjusted Revenue per Share: C$7.69
  • GF Value™: C$11.51 vs. price of C$14.49 (25.9% above fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Major Drilling Group International Business Description

Other Exchanges MJDLF:USA3MJ:Germany
Address 111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
89GF Score

Get the complete analysis for TSX:MDI

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

C$14.49
Price
C$11.51
GF Value