ASM (Avino Silver & Gold Mines) Cyclically Adjusted PS Ratio: 14.07 (As of Aug. 21, 2026) — 656% Above Median

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ASM Avino Silver & Gold Mines Ltd ASM
78 GF Score
Price $7.60
GF Value $2.35
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Avino Silver & Gold Mines Cyclically Adjusted PS Ratio?

Avino Silver & Gold Mines ASM +0.40% 78 Cyclically Adjusted PS Ratio is 14.07 as of Aug. 21, 2026, which is 656% above its 10-year median of 1.86. GuruFocus rates ASM with a GF Score™ of 78/100 and a GF Value™ of $2.35 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 575 Metals & Mining companies, Avino Silver & Gold Mines ranks worse than 89.74% on this metric.

As of today (2026-08-21), Avino Silver & Gold Mines's current share price is $7.60. Avino Silver & Gold Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $0.54. Avino Silver & Gold Mines's Cyclically Adjusted PS Ratio for today is 14.07.

The historical rank and industry rank for Avino Silver & Gold Mines's Cyclically Adjusted PS Ratio or its related term are showing as below:

ASM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.86   Max: 18.7
Current: 13.66

During the past years, Avino Silver & Gold Mines's highest Cyclically Adjusted PS Ratio was 18.70. The lowest was 0.56. And the median was 1.86.

ASM's Cyclically Adjusted PS Ratio is ranked worse than
89.74% of 575 companies
in the Metals & Mining industry
Industry Median: 2.3 vs ASM: 13.66

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.

Avino Silver & Gold Mines's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.153. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $0.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avino Silver & Gold Mines  (AMEX:ASM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Avino Silver & Gold Mines Cyclically Adjusted PS Ratio Related Terms


Avino Silver & Gold Mines Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Avino Silver & Gold Mines's Cyclically Adjusted PS Ratio 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.

Avino Silver & Gold Mines Cyclically Adjusted PS Ratio Chart

Avino Silver & Gold Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.29 0.97 1.77 11.51

Avino Silver & Gold Mines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio 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 6.71 9.96 11.51 11.38 11.75

ASM vs HL: Cyclically Adjusted PS Ratio Comparison

For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.


Avino Silver & Gold Mines Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Avino Silver & Gold Mines's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Avino Silver & Gold Mines's Cyclically Adjusted PS Ratio falls into.


ASM
78GF Score
Avino Silver & Gold Mines Ltd ASM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Avino Silver & Gold Mines Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Avino Silver & Gold Mines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.60/0.54
=14.07

* 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.

Avino Silver & Gold Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Avino Silver & Gold Mines'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)
=0.153/133.5265*133.5265
=0.153

Current CPI (Jun. 2026) = 133.5265.

Avino Silver & Gold Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.238 101.765 0.312
201612 0.270 101.449 0.355
201703 0.152 102.634 0.198
201706 0.148 103.029 0.192
201709 0.161 103.345 0.208
201712 0.167 103.345 0.216
201803 0.152 105.004 0.193
201806 0.165 105.557 0.209
201809 0.153 105.636 0.193
201812 0.130 105.399 0.165
201903 0.105 106.979 0.131
201906 0.119 107.690 0.148
201909 0.093 107.611 0.115
201912 0.136 107.769 0.169
202003 0.092 107.927 0.114
202006 0.062 108.401 0.076
202009 0.031 108.164 0.038
202012 0.016 108.559 0.020
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.019 112.905 0.022
202112 0.091 113.774 0.107
202203 0.103 117.646 0.117
202206 0.078 120.806 0.086
202209 0.077 120.648 0.085
202212 0.120 120.964 0.132
202303 0.080 122.702 0.087
202306 0.075 124.203 0.081
202309 0.101 125.230 0.108
202312 0.089 125.072 0.095
202403 0.093 126.258 0.098
202406 0.106 127.522 0.111
202409 0.104 127.285 0.109
202412 0.163 127.364 0.171
202503 0.127 129.181 0.131
202506 0.141 129.892 0.145
202509 0.134 130.287 0.137
202512 0.183 130.366 0.187
202603 0.227 132.262 0.229
202606 0.153 133.527 0.153

Add all the adjusted revenue per share together and divide 10 will get our 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.

What does a Cyclically Adjusted PS Ratio of 14.07 mean?
Avino Silver & Gold Mines (ASM) has a Cyclically Adjusted PS Ratio of 14.07 as of Aug. 21, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Avino Silver & Gold Mines and its competitors. This is 656% above median its historical median of 1.86. Over the past decade, Avino Silver & Gold Mines' Cyclically Adjusted PS Ratio has ranged from 0.56 to 18.70. According to the industry distribution chart, Avino Silver & Gold Mines ranks #516 out of 575 companies in the Metals & Mining industry, placing it in the top 89.7%.
Is Avino Silver & Gold Mines' Cyclically Adjusted PS Ratio too high?
Avino Silver & Gold Mines' current Cyclically Adjusted PS Ratio of 14.07 is 656% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 18.70. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.30. Avino Silver & Gold Mines' value of 14.07 is 511.7% above this industry median. Based on the distribution chart, Avino Silver & Gold Mines ranks #516 out of 575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Avino Silver & Gold Mines has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avino Silver & Gold Mines' Cyclically Adjusted PS Ratio compare to HL?
According to the Metals & Mining industry distribution chart, Avino Silver & Gold Mines ranks #516 out of 575 companies for Cyclically Adjusted PS Ratio. This places Avino Silver & Gold Mines in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.30. Avino Silver & Gold Mines' value of 14.07 is 511.7% above this benchmark. Historically, Avino Silver & Gold Mines' own Cyclically Adjusted PS Ratio has ranged from 0.56 to 18.70 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 2.30, Avino Silver & Gold Mines has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.30, based on 575 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Avino Silver & Gold Mines's current Cyclically Adjusted PS Ratio of 14.07 is 511.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Avino Silver & Gold Mines and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avino Silver & Gold Mines's current Cyclically Adjusted PS Ratio is 14.07, which is 656% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avino Silver & Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Avino Silver & Gold Mines (ASM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.35, compared to a current price of $7.60 — trading 223.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 14.07, which is 656% above median its 10-year median of 1.86 and 511.7% above the Metals & Mining industry median of 2.30. Avino Silver & Gold Mines' overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Avino Silver & Gold Mines (ASM), the current Cyclically Adjusted PS Ratio is 14.07 as of Aug. 21, 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 Avino Silver & Gold Mines (ASM) Overvalued in 2026?

Based on GuruFocus' analysis, Avino Silver & Gold Mines stock appears to be overvalued. The current stock price of $7.60 is trading 223.4% above its estimated GF Value™ of $2.35. GuruFocus considers Avino Silver & Gold Mines to be Significantly Overvalued.

Key valuation signals for ASM:

  • Cyclically Adjusted PS Ratio: 14.07 (656% above median its 10-year median of 1.86)
  • GF Value™: $2.35 vs. price of $7.60 (223.4% above fair value)
  • GF Score™: 78/100 with 1 warning sign
  • Industry Position: 511.7% above the Metals & Mining median (#516 of 575)

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


Avino Silver & Gold Mines Business Description

Address 570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.
78GF Score

Get the complete analysis for ASM

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

$7.60
Price
$2.35
GF Value