CNR (Core Natural Resources) Cyclically Adjusted PS Ratio: 1.27 (As of Jul. 21, 2026) — Near Median

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CNR Core Natural Resources Inc CNR
87 GF Score
Price $83.96
GF Value $95.94
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Core Natural Resources Cyclically Adjusted PS Ratio?

Core Natural Resources CNR +1.13% 87 Cyclically Adjusted PS Ratio is 1.27 as of Jul. 21, 2026, which is 7% below its 10-year median of 1.37. GuruFocus rates CNR with a GF Scoreâ„¢ of 87/100 and a GF Valueâ„¢ of $95.94 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 112 Other Energy Sources companies, Core Natural Resources ranks worse than 53.57% on this metric.

As of today (2026-07-21), Core Natural Resources's current share price is $83.96. Core Natural Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $66.02. Core Natural Resources's Cyclically Adjusted PS Ratio for today is 1.27.

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

CNR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.37   Max: 1.77
Current: 1.26

During the past years, Core Natural Resources's highest Cyclically Adjusted PS Ratio was 1.77. The lowest was 1.20. And the median was 1.37.

CNR's Cyclically Adjusted PS Ratio is ranked worse than
53.57% of 112 companies
in the Other Energy Sources industry
Industry Median: 1.03 vs CNR: 1.26

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.

Core Natural Resources's adjusted revenue per share data for the three months ended in Mar. 2026 was $21.236. 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 $66.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Core Natural Resources  (NYSE:CNR) 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.


Core Natural Resources Cyclically Adjusted PS Ratio Related Terms


Core Natural Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Core Natural 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.

Core Natural Resources Cyclically Adjusted PS Ratio Chart

Core Natural Resources 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 0.00 0.00 0.00 0.00 1.39

Core Natural Resources 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 0.00 0.00 1.31 1.39 1.59

CNR vs ARLP, BTU, NRP: Cyclically Adjusted PS Ratio Comparison

For the Thermal Coal subindustry, Core Natural 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.


Core Natural Resources Cyclically Adjusted PS Ratio vs Other Energy Sources Industry

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

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


CNR
87GF Score
Core Natural Resources Inc CNR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Core Natural 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.

Core Natural Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=83.96/66.02
=1.27

* 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.

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

For example, Core Natural Resources'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)
=21.236/330.2130*330.2130
=21.236

Current CPI (Mar. 2026) = 330.2130.

Core Natural Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 9.629 241.018 13.192
201609 10.042 241.428 13.735
201612 12.295 241.432 16.816
201703 12.181 243.801 16.498
201706 11.992 244.955 16.166
201709 11.271 246.819 15.079
201712 11.703 246.524 15.676
201803 13.561 249.554 17.944
201806 14.177 251.989 18.578
201809 10.966 252.439 14.345
201812 13.188 251.233 17.334
201903 12.823 254.202 16.657
201906 13.361 256.143 17.225
201909 11.898 256.759 15.302
201912 12.586 256.974 16.173
202003 10.479 258.115 13.406
202006 4.660 257.797 5.969
202009 8.231 260.280 10.443
202012 10.253 260.474 12.998
202103 9.438 264.877 11.766
202106 8.641 271.696 10.502
202109 8.469 274.310 10.195
202112 8.721 278.802 10.329
202203 15.469 287.504 17.767
202206 16.934 296.311 18.871
202209 14.814 296.808 16.481
202212 17.013 296.797 18.928
202303 19.276 301.836 21.088
202306 19.260 305.109 20.845
202309 16.691 307.789 17.907
202312 19.964 306.746 21.491
202403 18.178 312.332 19.219
202406 16.530 314.175 17.374
202409 18.633 315.301 19.514
202412 19.276 315.605 20.168
202503 20.241 319.799 20.900
202506 21.045 322.561 21.544
202509 19.428 324.800 19.752
202512 20.374 324.054 20.761
202603 21.236 330.213 21.236

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 1.27 mean?
Core Natural Resources (CNR) has a Cyclically Adjusted PS Ratio of 1.27 as of Jul. 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 Core Natural Resources and its competitors. This is near median its historical median of 1.37. Over the past decade, Core Natural Resources' Cyclically Adjusted PS Ratio has ranged from 1.20 to 1.77. According to the industry distribution chart, Core Natural Resources ranks #60 out of 112 companies in the Other Energy Sources industry, placing it in the top 53.6%.
Is Core Natural Resources' Cyclically Adjusted PS Ratio too high?
Core Natural Resources' current Cyclically Adjusted PS Ratio of 1.27 is near median its 10-year median of 1.37. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 1.77. The Other Energy Sources industry median Cyclically Adjusted PS Ratio is 1.03. Core Natural Resources' value of 1.27 is 23.3% above this industry median. Based on the distribution chart, Core Natural Resources ranks #60 out of 112 companies in the Other Energy Sources industry, which is below the industry midpoint. Overall, Core Natural Resources has a GF Scoreâ„¢ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Core Natural Resources' Cyclically Adjusted PS Ratio compare to ARLP and BTU?
According to the Other Energy Sources industry distribution chart, Core Natural Resources ranks #60 out of 112 companies for Cyclically Adjusted PS Ratio. This places Core Natural Resources in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Core Natural Resources' value of 1.27 is 23.3% above this benchmark. Historically, Core Natural Resources' own Cyclically Adjusted PS Ratio has ranged from 1.20 to 1.77 over the past decade. While the company's 10-year median is 1.37 vs. the industry median of 1.03, Core Natural Resources 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 an Other Energy Sources company?
The median Cyclically Adjusted PS Ratio among Other Energy Sources companies is 1.03, based on 112 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. Core Natural Resources's current Cyclically Adjusted PS Ratio of 1.27 is 23.3% 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 Core Natural Resources and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Core Natural Resources's current Cyclically Adjusted PS Ratio is 1.27, which is near median its own 10-year median of 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Natural Resources stock overvalued right now?
Based on GuruFocus' analysis, Core Natural Resources (CNR) is currently considered Modestly Undervalued. The stock's GF Value™ is $95.94, compared to a current price of $83.96 — trading 12.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.27, which is near median its 10-year median of 1.37 and 23.3% above the Other Energy Sources industry median of 1.03. Core Natural Resources' overall GF Score™ is 87/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Core Natural Resources (CNR), the current Cyclically Adjusted PS Ratio is 1.27 as of Jul. 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 Core Natural Resources (CNR) Overvalued in 2026?

Based on GuruFocus' analysis, Core Natural Resources stock appears to be undervalued. The current stock price of $83.96 is trading 12.5% below its estimated GF Value™ of $95.94. GuruFocus considers Core Natural Resources to be Modestly Undervalued.

Key valuation signals for CNR:

  • Cyclically Adjusted PS Ratio: 1.27 (near median its 10-year median of 1.37)
  • GF Value™: $95.94 vs. price of $83.96 (12.5% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 23.3% above the Other Energy Sources median (#60 of 112)

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


Core Natural Resources Business Description

Other Exchanges C9X0:Germany
Address 275 Technology Drive, Suite 101, Canonsburg, PA, USA, 15317-9565
Core Natural Resources Inc is a producer and exporter of metallurgical and thermal coal. The company owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The activities of the company involves mining of thermal coal, power generation, and other related activities.
87GF Score

Get the complete analysis for CNR

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

$83.96
Price
$95.94
GF Value