Barrick Mining (BUE:GOLD) Cyclically Adjusted PS Ratio: 4.65 (As of Sep. 03, 2026) — 114% Above Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:GOLD Barrick Mining Corp BUE:GOLD
86 GF Score
Price ARS10,925.00
GF Value ARS8,531.19
View Full Analysis

What is Barrick Mining Cyclically Adjusted PS Ratio?

Barrick Mining BUE:GOLD 86 Cyclically Adjusted PS Ratio is 4.65 as of Sep. 03, 2026, which is 114% above its 10-year median of 2.17. GuruFocus rates BUE:GOLD with a GF Score™ of 86/100 and a GF Value™ of ARS8,531.19. Among 575 Metals & Mining companies, Barrick Mining ranks worse than 71.83% on this metric.

As of today (2026-09-03), Barrick Mining's current share price is ARS10925.00. Barrick Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS2,350.50. Barrick Mining's Cyclically Adjusted PS Ratio for today is 4.65.

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

BUE:GOLD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.17   Max: 6.56
Current: 5.45

During the past years, Barrick Mining's highest Cyclically Adjusted PS Ratio was 6.56. The lowest was 1.09. And the median was 2.17.

BUE:GOLD's Cyclically Adjusted PS Ratio is ranked worse than
71.83% of 575 companies
in the Metals & Mining industry
Industry Median: 2.34 vs BUE:GOLD: 5.45

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.

Barrick Mining's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS4,704.998. 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 ARS2,350.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barrick Mining  (BUE:GOLD) 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.


Barrick Mining Cyclically Adjusted PS Ratio Related Terms


Barrick Mining Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Barrick Mining'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.

Barrick Mining Cyclically Adjusted PS Ratio Chart

Barrick Mining 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 2.17 2.15 2.30 2.15 5.61

Barrick Mining 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 2.70 4.35 5.61 5.19 4.65

BUE:GOLD vs NEM, AU, RGLD: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Barrick Mining'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.


Barrick Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


BUE:GOLD
86GF Score
Barrick Mining Corp BUE:GOLD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barrick Mining 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.

Barrick Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10925.00/2350.50
=4.65

* 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.

Barrick Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Barrick Mining'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)
=4704.998/133.5265*133.5265
=4,704.998

Current CPI (Jun. 2026) = 133.5265.

Barrick Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 29.411 101.765 38.591
201612 31.555 101.449 41.533
201703 26.352 102.634 34.284
201706 30.544 103.029 39.585
201709 29.952 103.345 38.699
201712 36.362 103.345 46.982
201803 30.905 105.004 39.300
201806 36.587 105.557 46.281
201809 57.926 105.636 73.220
201812 61.517 105.399 77.934
201903 46.859 106.979 58.487
201906 52.610 107.690 65.232
201909 85.290 107.611 105.830
201912 96.868 107.769 120.020
202003 94.989 107.927 117.519
202006 117.630 108.401 144.894
202009 147.812 108.164 182.471
202012 150.082 108.559 184.599
202103 149.762 110.298 181.302
202106 154.049 111.720 184.118
202109 155.327 112.905 183.697
202112 187.902 113.774 220.524
202203 172.194 117.646 195.439
202206 193.598 120.806 213.983
202209 198.601 120.648 219.801
202212 264.389 120.964 291.847
202303 297.507 122.702 323.752
202306 387.419 124.203 416.500
202309 570.688 125.230 608.494
202312 629.230 125.072 671.762
202403 1,317.966 126.258 1,393.844
202406 1,613.431 127.522 1,689.405
202409 1,827.217 127.285 1,916.820
202412 2,113.347 127.364 2,215.606
202503 1,934.316 129.181 1,999.386
202506 2,546.740 129.892 2,618.000
202509 3,307.713 130.287 3,389.954
202512 5,172.061 130.366 5,297.445
202603 4,355.846 132.262 4,397.480
202606 4,704.998 133.527 4,704.998

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 4.65 mean?
Barrick Mining (BUE:GOLD) has a Cyclically Adjusted PS Ratio of 4.65 as of Sep. 03, 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 Barrick Mining and its competitors. This is 114% above median its historical median of 2.17. Over the past decade, Barrick Mining's Cyclically Adjusted PS Ratio has ranged from 1.09 to 6.56. According to the industry distribution chart, Barrick Mining ranks #413 out of 575 companies in the Metals & Mining industry, placing it in the top 71.8%.
Is Barrick Mining's Cyclically Adjusted PS Ratio too high?
Barrick Mining's current Cyclically Adjusted PS Ratio of 4.65 is 114% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 6.56. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.34. Barrick Mining's value of 4.65 is 98.7% above this industry median. Based on the distribution chart, Barrick Mining ranks #413 out of 575 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Barrick Mining has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Barrick Mining ranks #413 out of 575 companies for Cyclically Adjusted PS Ratio. This places Barrick Mining in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.34. Barrick Mining's value of 4.65 is 98.7% above this benchmark. Historically, Barrick Mining's own Cyclically Adjusted PS Ratio has ranged from 1.09 to 6.56 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.34, Barrick Mining 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 2.34, 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. Barrick Mining's current Cyclically Adjusted PS Ratio of 4.65 is 98.7% 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 Barrick Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrick Mining's current Cyclically Adjusted PS Ratio is 4.65, which is 114% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Barrick Mining (BUE:GOLD) has a current Cyclically Adjusted PS Ratio of 4.65. The stock's GF Value™ is ARS8,531.19, compared to a current price of ARS10,925.00 — trading 28.1% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.65, which is 114% above median its 10-year median of 2.17 and 98.7% above the Metals & Mining industry median of 2.34. Barrick Mining's overall GF Score™ is 86/100. 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 Barrick Mining (BUE:GOLD), the current Cyclically Adjusted PS Ratio is 4.65 as of Sep. 03, 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 Barrick Mining (BUE:GOLD) Overvalued in 2026?

Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued. The current stock price of ARS10,925.00 is trading 28.1% above its estimated GF Value™ of ARS8,531.19.

Key valuation signals for BUE:GOLD:

  • Cyclically Adjusted PS Ratio: 4.65 (114% above median its 10-year median of 2.17)
  • GF Value™: ARS8,531.19 vs. price of ARS10,925.00 (28.1% above fair value)
  • GF Score™: 86/100
  • Industry Position: 98.7% above the Metals & Mining median (#413 of 575)

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


Barrick Mining Business Description

Address 161 Bay Street, Suite 3700, P.O. Box 212, Brookfield Place, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
86GF Score

Get the complete analysis for BUE:GOLD

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

ARS10,925.00
Price
ARS8,531.19
GF Value