Melcor Developments (TSX:MRD) Cyclically Adjusted Revenue per Share: C$10.03 (As of Mar. 2026)

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TSX:MRD Melcor Developments Ltd TSX:MRD
82 GF Score
Price C$18.97
GF Value C$15.29
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Melcor Developments Cyclically Adjusted Revenue per Share?

Melcor Developments TSX:MRD -0.26% 82 Cyclically Adjusted Revenue per Share is C$10.03 as of Mar. 2026. GuruFocus rates TSX:MRD with a GF Score™ of 82/100 and a GF Value™ of C$15.29 (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.

Melcor Developments's adjusted revenue per share for the three months ended in Mar. 2026 was C$1.488. 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$10.03 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Melcor Developments's average Cyclically Adjusted Revenue Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.60% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.30% 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 Melcor Developments was 20.10% per year. The lowest was 1.70% per year. And the median was 7.90% per year.

As of today (2026-07-22), Melcor Developments's current stock price is C$18.97. Melcor Developments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$10.03. Melcor Developments's Cyclically Adjusted PS Ratio of today is 1.89.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Melcor Developments was 2.29. The lowest was 0.70. And the median was 1.54.


Melcor Developments  (TSX:MRD) 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.

Melcor Developments's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=18.97/10.03
=1.89

* 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 Melcor Developments was 2.29. The lowest was 0.70. And the median was 1.54.


Be Aware

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


Melcor Developments Cyclically Adjusted Revenue per Share Related Terms


Melcor Developments Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Melcor Developments'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.

Melcor Developments Cyclically Adjusted Revenue per Share Chart

Melcor Developments 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 8.86 9.12 9.30 9.33 9.86

Melcor Developments 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 9.48 9.68 9.60 9.86 10.03

Melcor Developments Cyclically Adjusted Revenue per Share Competitor Comparison

For the Real Estate - Development subindustry, Melcor Developments'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.


Melcor Developments Cyclically Adjusted PS Ratio vs Real Estate Industry

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

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


TSX:MRD
82GF Score
Melcor Developments Ltd TSX:MRD
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melcor Developments 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, Melcor Developments'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)
=1.488/132.2623*132.2623
=1.488

Current CPI (Mar. 2026) = 132.2623.

Melcor Developments Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1.183 102.002 1.534
201609 1.912 101.765 2.485
201612 3.214 101.449 4.190
201703 1.157 102.634 1.491
201706 1.435 103.029 1.842
201709 1.854 103.345 2.373
201712 3.445 103.345 4.409
201803 1.334 105.004 1.680
201806 1.312 105.557 1.644
201809 1.786 105.636 2.236
201812 3.605 105.399 4.524
201903 1.097 106.979 1.356
201906 1.179 107.690 1.448
201909 1.612 107.611 1.981
201912 2.385 107.769 2.927
202003 1.013 107.927 1.241
202006 1.173 108.401 1.431
202009 2.232 108.164 2.729
202012 2.389 108.559 2.911
202103 1.295 110.298 1.553
202106 1.963 111.720 2.324
202109 1.697 112.905 1.988
202112 4.435 113.774 5.156
202203 1.511 117.646 1.699
202206 1.556 120.806 1.704
202209 1.877 120.648 2.058
202212 2.382 120.964 2.604
202303 1.173 122.702 1.264
202306 2.081 124.203 2.216
202309 2.889 125.230 3.051
202312 4.048 125.072 4.281
202403 1.634 126.258 1.712
202406 2.270 127.522 2.354
202409 1.956 127.285 2.032
202412 4.620 127.364 4.798
202503 1.619 129.181 1.658
202506 3.311 129.892 3.371
202509 2.368 130.287 2.404
202512 6.073 130.366 6.161
202603 1.488 132.262 1.488

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$10.03 mean?
Melcor Developments (TSX:MRD) has a Cyclically Adjusted Revenue per Share of C$10.03 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 Melcor Developments and its competitors.
Is Melcor Developments' Cyclically Adjusted Revenue per Share too high?
Melcor Developments' current Cyclically Adjusted Revenue per Share is C$10.03. Overall, Melcor Developments has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Cyclically Adjusted Revenue per Share compare to competitors?
Melcor Developments' Cyclically Adjusted Revenue per Share of C$10.03 can be compared against companies in the Real Estate 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 Real Estate company?
A good Cyclically Adjusted Revenue per Share depends on the Real Estate 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 Melcor Developments and its competitors. Melcor Developments's current Cyclically Adjusted Revenue per Share is C$10.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (TSX:MRD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$15.29, compared to a current price of C$18.97 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is C$10.03. Melcor Developments' overall GF Score™ is 82/100 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 Melcor Developments (TSX:MRD), the current Cyclically Adjusted Revenue per Share is C$10.03 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 Melcor Developments (TSX:MRD) Overvalued in 2026?

Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued. The current stock price of C$18.97 is trading 24.1% above its estimated GF Value™ of C$15.29. GuruFocus considers Melcor Developments to be Modestly Overvalued.

Key valuation signals for TSX:MRD:

  • Cyclically Adjusted Revenue per Share: C$10.03
  • GF Value™: C$15.29 vs. price of C$18.97 (24.1% above fair value)
  • GF Score™: 82/100 with 4 warning signs

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


Melcor Developments Business Description

Other Exchanges MODVF:USA
Address 10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
82GF Score

Get the complete analysis for TSX:MRD

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

C$18.97
Price
C$15.29
GF Value