Central Asia Metals (FRA:9C3) Cyclically Adjusted PS Ratio: (As of Sep. 20, 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.

FRA:9C3 Central Asia Metals PLC FRA:9C3
78 GF Score
Price €1.89
GF Value €2.42
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Central Asia Metals Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Central Asia Metals  (FRA:9C3) 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.


Central Asia Metals Cyclically Adjusted PS Ratio Related Terms


Central Asia Metals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Central Asia 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.

Central Asia Metals Cyclically Adjusted PS Ratio Chart

Central Asia 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 4.16 3.25 2.24 1.91 1.97

Central Asia Metals Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 2.40 1.89 1.71 1.95 1.29

FRA:9C3 vs SCCO, FCX: Cyclically Adjusted PS Ratio Comparison

For the Copper subindustry, Central Asia 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.


Central Asia Metals Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


FRA:9C3
78GF Score
Central Asia Metals PLC FRA:9C3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Asia 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.

Central Asia Metals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Central Asia Metals's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=1.155/139.9000*139.9000
=1.155

Current CPI (Dec25) = 139.9000.

Central Asia Metals Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.528 102.200 0.723
201712 0.706 105.000 0.941
201812 0.913 107.100 1.193
201912 0.845 108.500 1.090
202012 0.775 109.400 0.991
202112 1.038 114.700 1.266
202212 1.137 125.300 1.269
202312 0.989 130.500 1.060
202412 1.068 135.100 1.106
202512 1.155 139.900 1.155

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.

Is Central Asia Metals (FRA:9C3) Overvalued in 2026?

Based on GuruFocus' analysis, Central Asia Metals stock appears to be undervalued. The current stock price of €1.89 is trading 21.9% below its estimated GF Value™ of €2.42. GuruFocus considers Central Asia Metals to be Modestly Undervalued.

Key valuation signals for FRA:9C3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €2.42 vs. price of €1.89 (21.9% below fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the FRA:9C3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Asia Metals Business Description

Other Exchanges CAMLF:USACAMLl:UKCAML:UK
Address 36 Carnaby Street, Floor 2, London, GBR, W1F 7DR
Central Asia Metals PLC is a base metals producer with copper operations in Kazakhstan and a zinc and lead mine in North Macedonia. The company's operating segments include: Kounrad (production of copper cathode) in Kazakhstan; Sasa (production of lead, zinc and silver) in North Macedonia; and Exploration (CAML X and CAML XD exploration activities) in Kazakhsta. The company generates the majority of its revenue Geographically from the Kazakhstan region.
78GF Score

Get the complete analysis for FRA:9C3

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

€1.89
Price
€2.42
GF Value