Thungela Resources (CHIX:TGAL) Cyclically Adjusted PS Ratio: (As of Jul. 18, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

CHIX:TGAL Thungela Resources Ltd CHIX:TGAL
65 GF Score
Price £4.54
GF Value £5.17
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Thungela Resources Cyclically Adjusted PS Ratio?

Thungela Resources does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thungela Resources  (CHIX:TGAl) 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.


Thungela Resources Cyclically Adjusted PS Ratio Related Terms


Thungela Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Thungela Resources'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.

Thungela Resources Cyclically Adjusted PS Ratio Chart

Thungela Resources Annual Data
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Cyclically Adjusted PS Ratio
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Thungela Resources Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 0.00 0.00 0.00

CHIX:TGAL vs CNR: Cyclically Adjusted PS Ratio Comparison

For the Thermal Coal subindustry, Thungela Resources'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.


Thungela Resources Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thungela Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


CHIX:TGAL
65GF Score
Thungela Resources Ltd CHIX:TGAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thungela Resources 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.

Thungela Resources does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is Thungela Resources (CHIX:TGAL) Overvalued in 2026?

Based on GuruFocus' analysis, Thungela Resources stock appears to be undervalued. The current stock price of £4.54 is trading 12.2% below its estimated GF Value™ of £5.17. GuruFocus considers Thungela Resources to be Modestly Undervalued.

Key valuation signals for CHIX:TGAL:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: £5.17 vs. price of £4.54 (12.2% below fair value)
  • GF Score™: 65/100 with 7 warning signs

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


Thungela Resources Business Description

Address 25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal with operations in South Africa and Australia. The group focuses on high-quality coal reserves and marketable production, positioning as a key player in the energy market by delivering coal through world-class ports, and powering nations. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. Its operational segments are Opencast, Underground, and Services.
65GF Score

Get the complete analysis for CHIX:TGAL

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

£4.54
Price
£5.17
GF Value