Eldorado Gold (FRA:ELO1) Cyclically Adjusted PS Ratio: 7.25 (As of Aug. 18, 2026) — 261% Above Median

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Director of Data and Quant Analytics at GuruFocus
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FRA:ELO1 Eldorado Gold Corp FRA:ELO1
84 GF Score
Price €34.85
GF Value €24.65
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Eldorado Gold Cyclically Adjusted PS Ratio?

Eldorado Gold FRA:ELO1 +1.90% 84 Cyclically Adjusted PS Ratio is 7.25 as of Aug. 18, 2026, which is 261% above its 10-year median of 2.01. GuruFocus rates FRA:ELO1 with a GF Score™ of 84/100 and a GF Value™ of €24.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 575 Metals & Mining companies, Eldorado Gold ranks worse than 79.3% on this metric.

As of today (2026-08-18), Eldorado Gold's current share price is €34.85. Eldorado Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €4.81. Eldorado Gold's Cyclically Adjusted PS Ratio for today is 7.25.

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

FRA:ELO1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 2.01   Max: 8.89
Current: 7.14

During the past years, Eldorado Gold's highest Cyclically Adjusted PS Ratio was 8.89. The lowest was 0.51. And the median was 2.01.

FRA:ELO1's Cyclically Adjusted PS Ratio is ranked worse than
79.3% of 575 companies
in the Metals & Mining industry
Industry Median: 2.3 vs FRA:ELO1: 7.14

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.

Eldorado Gold's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.666. 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 €4.81 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eldorado Gold  (FRA:ELO1) 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.


Eldorado Gold Cyclically Adjusted PS Ratio Related Terms


Eldorado Gold Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eldorado Gold'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.

Eldorado Gold Cyclically Adjusted PS Ratio Chart

Eldorado Gold 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 1.76 1.68 2.60 3.26 6.80

Eldorado Gold 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 4.06 5.73 6.80 6.27 5.64

FRA:ELO1 vs NEM, AU: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


FRA:ELO1
84GF Score
Eldorado Gold Corp FRA:ELO1
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eldorado Gold 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.

Eldorado Gold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.85/4.81
=7.25

* 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.

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

For example, Eldorado Gold'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)
=1.666/133.5265*133.5265
=1.666

Current CPI (Jun. 2026) = 133.5265.

Eldorado Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.723 101.765 0.949
201612 0.759 101.449 0.999
201703 0.729 102.634 0.948
201706 0.513 103.029 0.665
201709 0.509 103.345 0.658
201712 0.542 103.345 0.700
201803 0.674 105.004 0.857
201806 0.830 105.557 1.050
201809 0.430 105.636 0.544
201812 0.526 105.399 0.666
201903 0.456 106.979 0.569
201906 0.961 107.690 1.192
201909 0.967 107.611 1.200
201912 1.000 107.769 1.239
202003 1.121 107.927 1.387
202006 1.285 108.401 1.583
202009 1.371 108.164 1.692
202012 1.290 108.559 1.587
202103 1.082 110.298 1.310
202106 1.050 111.720 1.255
202109 1.106 112.905 1.308
202112 1.193 113.774 1.400
202203 0.961 117.646 1.091
202206 1.114 120.806 1.231
202209 1.220 120.648 1.350
202212 1.232 120.964 1.360
202303 1.141 122.702 1.242
202306 1.143 124.203 1.229
202309 1.136 125.230 1.211
202312 1.370 125.072 1.463
202403 1.164 126.258 1.231
202406 1.343 127.522 1.406
202409 1.450 127.285 1.521
202412 2.021 127.364 2.119
202503 1.591 129.181 1.645
202506 1.892 129.892 1.945
202509 1.805 130.287 1.850
202512 2.364 130.366 2.421
202603 2.293 132.262 2.315
202606 1.666 133.527 1.666

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 7.25 mean?
Eldorado Gold (FRA:ELO1) has a Cyclically Adjusted PS Ratio of 7.25 as of Aug. 18, 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 Eldorado Gold and its competitors. This is 261% above median its historical median of 2.01. Over the past decade, Eldorado Gold's Cyclically Adjusted PS Ratio has ranged from 0.51 to 8.89. According to the industry distribution chart, Eldorado Gold ranks #456 out of 575 companies in the Metals & Mining industry, placing it in the top 79.3%.
Is Eldorado Gold's Cyclically Adjusted PS Ratio too high?
Eldorado Gold's current Cyclically Adjusted PS Ratio of 7.25 is 261% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 8.89. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.30. Eldorado Gold's value of 7.25 is 215.2% above this industry median. Based on the distribution chart, Eldorado Gold ranks #456 out of 575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Eldorado Gold has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #456 out of 575 companies for Cyclically Adjusted PS Ratio. This places Eldorado Gold in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.30. Eldorado Gold's value of 7.25 is 215.2% above this benchmark. Historically, Eldorado Gold's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 8.89 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.30, Eldorado Gold 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 2.30, 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. Eldorado Gold's current Cyclically Adjusted PS Ratio of 7.25 is 215.2% 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 Eldorado Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eldorado Gold's current Cyclically Adjusted PS Ratio is 7.25, which is 261% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (FRA:ELO1) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.65, compared to a current price of €34.85 — trading 41.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.25, which is 261% above median its 10-year median of 2.01 and 215.2% above the Metals & Mining industry median of 2.30. Eldorado Gold's overall GF Score™ is 84/100 with 2 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 Eldorado Gold (FRA:ELO1), the current Cyclically Adjusted PS Ratio is 7.25 as of Aug. 18, 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 Eldorado Gold (FRA:ELO1) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued. The current stock price of €34.85 is trading 41.4% above its estimated GF Value™ of €24.65. GuruFocus considers Eldorado Gold to be Significantly Overvalued.

Key valuation signals for FRA:ELO1:

  • Cyclically Adjusted PS Ratio: 7.25 (261% above median its 10-year median of 2.01)
  • GF Value™: €24.65 vs. price of €34.85 (41.4% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 215.2% above the Metals & Mining median (#456 of 575)

No single metric tells the full story. See the FRA:ELO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eldorado Gold Business Description

Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
84GF Score

Get the complete analysis for FRA:ELO1

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

€34.85
Price
€24.65
GF Value