Lundin Mining (FRA:GXD) Cyclically Adjusted PS Ratio: 7.23 (As of Jul. 30, 2026) — 134% Above Median

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FRA:GXD Lundin Mining Corp FRA:GXD
73 GF Score
Price €21.47
GF Value €11.11
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Lundin Mining Cyclically Adjusted PS Ratio?

Lundin Mining FRA:GXD -2.41% 73 Cyclically Adjusted PS Ratio is 7.23 as of Jul. 30, 2026, which is 134% above its 10-year median of 3.09. GuruFocus rates FRA:GXD with a GF Score™ of 73/100 and a GF Value™ of €11.11 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 574 Metals & Mining companies, Lundin Mining ranks worse than 81.18% on this metric.

As of today (2026-07-30), Lundin Mining's current share price is €21.47. Lundin Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €2.97. Lundin Mining's Cyclically Adjusted PS Ratio for today is 7.23.

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

FRA:GXD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.78   Med: 3.09   Max: 8.62
Current: 6.9

During the past years, Lundin Mining's highest Cyclically Adjusted PS Ratio was 8.62. The lowest was 1.78. And the median was 3.09.

FRA:GXD's Cyclically Adjusted PS Ratio is ranked worse than
81.18% of 574 companies
in the Metals & Mining industry
Industry Median: 2.105 vs FRA:GXD: 6.90

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.

Lundin Mining's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.164. 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 €2.97 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lundin Mining  (FRA:GXD) 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.


Lundin Mining Cyclically Adjusted PS Ratio Related Terms


Lundin Mining Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Lundin Mining'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.

Lundin Mining Cyclically Adjusted PS Ratio Chart

Lundin Mining 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 3.07 2.19 2.56 2.65 5.85

Lundin Mining 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 2.44 2.96 4.21 5.85 6.66

FRA:GXD vs SCCO, FCX: Cyclically Adjusted PS Ratio Comparison

For the Copper subindustry, Lundin Mining'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.


Lundin Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


FRA:GXD
73GF Score
Lundin Mining Corp FRA:GXD
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lundin Mining 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.

Lundin Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=21.47/2.97
=7.23

* 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.

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

For example, Lundin Mining'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)
=1.164/132.2623*132.2623
=1.164

Current CPI (Mar. 2026) = 132.2623.

Lundin Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.423 102.002 0.548
201609 0.463 101.765 0.602
201612 0.600 101.449 0.782
201703 0.626 102.634 0.807
201706 0.555 103.029 0.712
201709 0.691 103.345 0.884
201712 0.617 103.345 0.790
201803 0.521 105.004 0.656
201806 0.546 105.557 0.684
201809 0.443 105.636 0.555
201812 0.488 105.399 0.612
201903 0.501 106.979 0.619
201906 0.444 107.690 0.545
201909 0.665 107.611 0.817
201912 0.695 107.769 0.853
202003 0.466 107.927 0.571
202006 0.645 108.401 0.787
202009 0.693 108.164 0.847
202012 0.591 108.559 0.720
202103 0.774 110.298 0.928
202106 0.977 111.720 1.157
202109 0.870 112.905 1.019
202112 1.222 113.774 1.421
202203 1.219 117.646 1.370
202206 0.728 120.806 0.797
202209 0.845 120.648 0.926
202212 0.993 120.964 1.086
202303 0.909 122.702 0.980
202306 0.703 124.203 0.749
202309 1.202 125.230 1.269
202312 0.487 125.072 0.515
202403 0.964 126.258 1.010
202406 1.047 127.522 1.086
202409 1.010 127.285 1.049
202412 0.866 127.364 0.899
202503 0.996 129.181 1.020
202506 0.946 129.892 0.963
202509 0.999 130.287 1.014
202512 1.135 130.366 1.152
202603 1.164 132.262 1.164

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 7.23 mean?
Lundin Mining (FRA:GXD) has a Cyclically Adjusted PS Ratio of 7.23 as of Jul. 30, 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 Lundin Mining and its competitors. This is 134% above median its historical median of 3.09. Over the past decade, Lundin Mining's Cyclically Adjusted PS Ratio has ranged from 1.78 to 8.62. According to the industry distribution chart, Lundin Mining ranks #466 out of 574 companies in the Metals & Mining industry, placing it in the top 81.2%.
Is Lundin Mining's Cyclically Adjusted PS Ratio too high?
Lundin Mining's current Cyclically Adjusted PS Ratio of 7.23 is 134% above median its 10-year median of 3.09. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 8.62. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.11. Lundin Mining's value of 7.23 is 243.5% above this industry median. Based on the distribution chart, Lundin Mining ranks #466 out of 574 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lundin Mining has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Mining's Cyclically Adjusted PS Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Lundin Mining ranks #466 out of 574 companies for Cyclically Adjusted PS Ratio. This places Lundin Mining in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.11. Lundin Mining's value of 7.23 is 243.5% above this benchmark. Historically, Lundin Mining's own Cyclically Adjusted PS Ratio has ranged from 1.78 to 8.62 over the past decade. While the company's 10-year median is 3.09 vs. the industry median of 2.11, Lundin Mining 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 2.11, based on 574 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. Lundin Mining's current Cyclically Adjusted PS Ratio of 7.23 is 243.5% 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 Lundin Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lundin Mining's current Cyclically Adjusted PS Ratio is 7.23, which is 134% above median its own 10-year median of 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Mining stock overvalued right now?
Based on GuruFocus' analysis, Lundin Mining (FRA:GXD) is currently considered Significantly Overvalued. The stock's GF Value™ is €11.11, compared to a current price of €21.47 — trading 93.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 7.23, which is 134% above median its 10-year median of 3.09 and 243.5% above the Metals & Mining industry median of 2.11. Lundin Mining's overall GF Score™ is 73/100 with 3 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 Lundin Mining (FRA:GXD), the current Cyclically Adjusted PS Ratio is 7.23 as of Jul. 30, 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 Lundin Mining (FRA:GXD) Overvalued in 2026?

Based on GuruFocus' analysis, Lundin Mining stock appears to be overvalued. The current stock price of €21.47 is trading 93.2% above its estimated GF Value™ of €11.11. GuruFocus considers Lundin Mining to be Significantly Overvalued.

Key valuation signals for FRA:GXD:

  • Cyclically Adjusted PS Ratio: 7.23 (134% above median its 10-year median of 3.09)
  • GF Value™: €11.11 vs. price of €21.47 (93.2% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 243.5% above the Metals & Mining median (#466 of 574)

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


Lundin Mining Business Description

Address 1055 Dunsmuir Street, Suite 2800, Vancouver, BC, CAN, V7X 1L2
Lundin Mining Corp is adiversified Canadian base metals mining company primarily producing copper and gold with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, and Caserones. The majority of the revenue is from Copper.
73GF Score

Get the complete analysis for FRA:GXD

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

€21.47
Price
€11.11
GF Value