Ramaco Resources (FRA:5R02) Cyclically Adjusted PS Ratio: 1.41 (As of Jul. 27, 2026) — 28% Below Median

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FRA:5R02 Ramaco Resources Inc FRA:5R02
69 GF Score
Price €9.90
GF Value €7.59
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Ramaco Resources Cyclically Adjusted PS Ratio?

Ramaco Resources FRA:5R02 -7.04% 69 Cyclically Adjusted PS Ratio is 1.41 as of Jul. 27, 2026, which is 28% below its 10-year median of 1.96. GuruFocus rates FRA:5R02 with a GF Score™ of 69/100 and a GF Value™ of €7.59 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 514 Steel companies, Ramaco Resources ranks worse than 77.63% on this metric.

As of today (2026-07-27), Ramaco Resources's current share price is €9.90. Ramaco Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €7.02. Ramaco Resources's Cyclically Adjusted PS Ratio for today is 1.41.

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

FRA:5R02' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.2   Med: 1.96   Max: 5.55
Current: 1.2

During the past years, Ramaco Resources's highest Cyclically Adjusted PS Ratio was 5.55. The lowest was 1.20. And the median was 1.96.

FRA:5R02's Cyclically Adjusted PS Ratio is ranked worse than
77.63% of 514 companies
in the Steel industry
Industry Median: 0.45 vs FRA:5R02: 1.20

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.

Ramaco Resources's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.723. 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 €7.02 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ramaco Resources  (FRA:5R02) 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.


Ramaco Resources Cyclically Adjusted PS Ratio Related Terms


Ramaco Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ramaco 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.

Ramaco Resources Cyclically Adjusted PS Ratio Chart

Ramaco 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 2.13

Ramaco 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 1.55 3.90 2.13 1.80

FRA:5R02 vs SXC, AREC, AMR: Cyclically Adjusted PS Ratio Comparison

For the Coking Coal subindustry, Ramaco 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.


Ramaco Resources Cyclically Adjusted PS Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ramaco Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:5R02
69GF Score
Ramaco Resources Inc FRA:5R02
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramaco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.90/7.02
=1.41

* 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.

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

For example, Ramaco 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)
=1.723/330.2130*330.2130
=1.723

Current CPI (Mar. 2026) = 330.2130.

Ramaco Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 241.018 0.000
201609 0.033 241.428 0.045
201612 0.091 241.432 0.124
201703 0.336 243.801 0.455
201706 0.252 244.955 0.340
201709 0.306 246.819 0.409
201712 0.513 246.524 0.687
201803 1.130 249.554 1.495
201806 1.385 251.989 1.815
201809 1.321 252.439 1.728
201812 0.965 251.233 1.268
201903 1.251 254.202 1.625
201906 1.421 256.143 1.832
201909 1.361 256.759 1.750
201912 1.003 256.974 1.289
202003 0.909 258.115 1.163
202006 0.756 257.797 0.968
202009 0.786 260.280 0.997
202012 0.984 260.474 1.247
202103 0.840 264.877 1.047
202106 1.429 271.696 1.737
202109 1.460 274.310 1.758
202112 1.719 278.802 2.036
202203 3.132 287.504 3.597
202206 2.906 296.311 3.238
202209 3.105 296.808 3.454
202212 2.864 296.797 3.186
202303 3.477 301.836 3.804
202306 2.831 305.109 3.064
202309 3.601 307.789 3.863
202312 3.489 306.746 3.756
202403 2.760 312.332 2.918
202406 2.437 314.175 2.561
202409 2.881 315.301 3.017
202412 3.029 315.605 3.169
202503 2.502 319.799 2.583
202506 2.476 322.561 2.535
202509 1.688 324.800 1.716
202512 1.666 324.054 1.698
202603 1.723 330.213 1.723

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 1.41 mean?
Ramaco Resources (FRA:5R02) has a Cyclically Adjusted PS Ratio of 1.41 as of Jul. 27, 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 Ramaco Resources and its competitors. This is 28% below median its historical median of 1.96. Over the past decade, Ramaco Resources' Cyclically Adjusted PS Ratio has ranged from 1.20 to 5.55. According to the industry distribution chart, Ramaco Resources ranks #399 out of 514 companies in the Steel industry, placing it in the top 77.6%.
Is Ramaco Resources' Cyclically Adjusted PS Ratio too high?
Ramaco Resources' current Cyclically Adjusted PS Ratio of 1.41 is 28% below median its 10-year median of 1.96. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 5.55. The Steel industry median Cyclically Adjusted PS Ratio is 0.45. Ramaco Resources' value of 1.41 is 213.3% above this industry median. Based on the distribution chart, Ramaco Resources ranks #399 out of 514 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ramaco Resources has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramaco Resources' Cyclically Adjusted PS Ratio compare to SXC and AREC?
According to the Steel industry distribution chart, Ramaco Resources ranks #399 out of 514 companies for Cyclically Adjusted PS Ratio. This places Ramaco Resources in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.45. Ramaco Resources' value of 1.41 is 213.3% above this benchmark. Historically, Ramaco Resources' own Cyclically Adjusted PS Ratio has ranged from 1.20 to 5.55 over the past decade. While the company's 10-year median is 1.96 vs. the industry median of 0.45, Ramaco 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 a Steel company?
The median Cyclically Adjusted PS Ratio among Steel companies is 0.45, based on 514 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. Ramaco Resources's current Cyclically Adjusted PS Ratio of 1.41 is 213.3% 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 Ramaco Resources and its competitors. For the Steel industry, the median Cyclically Adjusted PS Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramaco Resources's current Cyclically Adjusted PS Ratio is 1.41, which is 28% below median its own 10-year median of 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramaco Resources stock overvalued right now?
Based on GuruFocus' analysis, Ramaco Resources (FRA:5R02) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.59, compared to a current price of €9.90 — trading 30.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is 28% below median its 10-year median of 1.96 and 213.3% above the Steel industry median of 0.45. Ramaco Resources' overall GF Score™ is 69/100 with 10 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 Ramaco Resources (FRA:5R02), the current Cyclically Adjusted PS Ratio is 1.41 as of Jul. 27, 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 Ramaco Resources (FRA:5R02) Overvalued in 2026?

Based on GuruFocus' analysis, Ramaco Resources stock appears to be overvalued. The current stock price of €9.90 is trading 30.4% above its estimated GF Value™ of €7.59. GuruFocus considers Ramaco Resources to be Modestly Overvalued.

Key valuation signals for FRA:5R02:

  • Cyclically Adjusted PS Ratio: 1.41 (28% below median its 10-year median of 1.96)
  • GF Value™: €7.59 vs. price of €9.90 (30.4% above fair value)
  • GF Score™: 69/100 with 10 warning signs
  • Industry Position: 213.3% above the Steel median (#399 of 514)

No single metric tells the full story. See the FRA:5R02 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ramaco Resources Business Description

Other Exchanges METCB:USAMETC:USA
Address 250 West Main Street, Suite 1900, Lexington, KY, USA, 40507
Ramaco Resources Inc is a United States-based company that operates as a pure-play metallurgical coal company with operations in southern West Virginia and southwestern Virginia. Its portfolio includes high-quality metallurgical coal reserves & resources, with a focus on properties such as Elk Creek, Berwind, Knox Creek, and Maben. These properties are strategically located to serve North American blast furnace steel mills and coke plants, as well as international metallurgical coal consumers. Additionally, the company controls mineral deposits in Sheridan, Wyoming, exploring potential opportunities in rare earth elements and coal-to-carbon-based products. The company's two operating segments are Metallurgical Coal segment; and Rare Earths and Critical Minerals.
69GF Score

Get the complete analysis for FRA:5R02

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

€9.90
Price
€7.59
GF Value