DPM Metals (ASX:DPM) Cyclically Adjusted PS Ratio: 11.39 (As of Jul. 10, 2026) — 375% Above Median


ASX:DPM DPM Metals Inc ASX:DPM
57 GF Score
Price A$50.81
GF Value A$26.12
Valuation Significantly Overvalued
! 2 Warning Signs
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What is DPM Metals Cyclically Adjusted PS Ratio?

DPM Metals ASX:DPM +7.51% 57 Cyclically Adjusted PS Ratio is 11.39 as of Jul. 10, 2026, which is 375% above its 10-year median of 2.40. GuruFocus rates ASX:DPM with a GF Score™ of 57/100 and a GF Value™ of A$26.12 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 574 Metals & Mining companies, DPM Metals ranks worse than 87.28% on this metric.

As of today (2026-07-10), DPM Metals's current share price is A$50.81. DPM Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was A$4.46. DPM Metals's Cyclically Adjusted PS Ratio for today is 11.39.

The historical rank and industry rank for DPM Metals's Cyclically Adjusted PS Ratio or its related term are showing as below:

ASX:DPM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.88   Med: 2.4   Max: 13.83
Current: 11.27

During the past years, DPM Metals's highest Cyclically Adjusted PS Ratio was 13.83. The lowest was 0.88. And the median was 2.40.

ASX:DPM's Cyclically Adjusted PS Ratio is ranked worse than
87.28% of 574 companies
in the Metals & Mining industry
Industry Median: 2.245 vs ASX:DPM: 11.27

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.

DPM Metals's adjusted revenue per share data for the three months ended in Mar. 2026 was A$1.999. 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 A$4.46 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DPM Metals  (ASX:DPM) 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.


DPM Metals Cyclically Adjusted PS Ratio Related Terms


DPM Metals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for DPM Metals'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.

DPM Metals Cyclically Adjusted PS Ratio Chart

DPM Metals 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 2.42 1.92 2.38 3.47 9.93

DPM Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 4.94 5.52 7.48 9.93 11.03

ASX:DPM vs NEM, AU: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, DPM Metals'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.


DPM Metals Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


ASX:DPM
57GF Score
DPM Metals Inc ASX:DPM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DPM Metals 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.

DPM Metals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.81/4.46
=11.39

* 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.

DPM Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, DPM Metals'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)
=1.999/132.2623*132.2623
=1.999

Current CPI (Mar. 2026) = 132.2623.

DPM Metals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.691 102.002 0.896
201609 0.454 101.765 0.590
201612 0.695 101.449 0.906
201703 0.564 102.634 0.727
201706 0.643 103.029 0.825
201709 0.648 103.345 0.829
201712 0.695 103.345 0.889
201803 0.626 105.004 0.789
201806 0.754 105.557 0.945
201809 0.784 105.636 0.982
201812 0.647 105.399 0.812
201903 0.810 106.979 1.001
201906 0.805 107.690 0.989
201909 0.763 107.611 0.938
201912 1.031 107.769 1.265
202003 1.344 107.927 1.647
202006 1.233 108.401 1.504
202009 1.166 108.164 1.426
202012 1.093 108.559 1.332
202103 0.993 110.298 1.191
202106 1.245 111.720 1.474
202109 1.145 112.905 1.341
202112 1.184 113.774 1.376
202203 1.088 117.646 1.223
202206 0.971 120.806 1.063
202209 1.002 120.648 1.098
202212 0.129 120.964 0.141
202303 1.016 122.702 1.095
202306 1.023 124.203 1.089
202309 1.049 125.230 1.108
202312 1.175 125.072 1.243
202403 1.032 126.258 1.081
202406 1.287 127.522 1.335
202409 1.200 127.285 1.247
202412 1.579 127.364 1.640
202503 1.297 129.181 1.328
202506 1.703 129.892 1.734
202509 2.281 130.287 2.316
202512 2.369 130.366 2.403
202603 1.999 132.262 1.999

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 11.39 mean?
DPM Metals (ASX:DPM) has a Cyclically Adjusted PS Ratio of 11.39 as of Jul. 10, 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 DPM Metals and its competitors. This is 375% above median its historical median of 2.40. Over the past decade, DPM Metals' Cyclically Adjusted PS Ratio has ranged from 0.88 to 13.83. According to the industry distribution chart, DPM Metals ranks #501 out of 574 companies in the Metals & Mining industry, placing it in the top 87.3%.
Is DPM Metals' Cyclically Adjusted PS Ratio too high?
DPM Metals' current Cyclically Adjusted PS Ratio of 11.39 is 375% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 13.83. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.25. DPM Metals' value of 11.39 is 407.3% above this industry median. Based on the distribution chart, DPM Metals ranks #501 out of 574 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, DPM Metals has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DPM Metals' Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, DPM Metals ranks #501 out of 574 companies for Cyclically Adjusted PS Ratio. This places DPM Metals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.25. DPM Metals' value of 11.39 is 407.3% above this benchmark. Historically, DPM Metals' own Cyclically Adjusted PS Ratio has ranged from 0.88 to 13.83 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 2.25, DPM Metals 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 2.25, based on 574 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. DPM Metals's current Cyclically Adjusted PS Ratio of 11.39 is 407.3% 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 DPM Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DPM Metals's current Cyclically Adjusted PS Ratio is 11.39, which is 375% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DPM Metals stock overvalued right now?
Based on GuruFocus' analysis, DPM Metals (ASX:DPM) is currently considered Significantly Overvalued. The stock's GF Value™ is A$26.12, compared to a current price of A$50.81 — trading 94.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.39, which is 375% above median its 10-year median of 2.40 and 407.3% above the Metals & Mining industry median of 2.25. DPM Metals' overall GF Score™ is 57/100 with 2 warning signs 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 DPM Metals (ASX:DPM), the current Cyclically Adjusted PS Ratio is 11.39 as of Jul. 10, 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 DPM Metals (ASX:DPM) Overvalued in 2026?

Based on GuruFocus' analysis, DPM Metals stock appears to be overvalued. The current stock price of A$50.81 is trading 94.5% above its estimated GF Value™ of A$26.12. GuruFocus considers DPM Metals to be Significantly Overvalued.

Key valuation signals for ASX:DPM:

  • Cyclically Adjusted PS Ratio: 11.39 (375% above median its 10-year median of 2.40)
  • GF Value™: A$26.12 vs. price of A$50.81 (94.5% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 407.3% above the Metals & Mining median (#501 of 574)

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


DPM Metals Business Description

Address 150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
DPM Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company's projects include are located in Bulgaria, Ecuador, Serbia and Bosnia.
57GF Score

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

A$50.81
Price
A$26.12
GF Value