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Nexa ResourcesFRA:NE0 -0.86%64 Cyclically Adjusted PS Ratio is 0.59 as of Sep. 09, 2026, which is 2% above its 10-year median of 0.58. GuruFocus rates FRA:NE0 with a GF Score™ of 64/100 and a GF Value™ of €7.48 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 576 Metals & Mining companies, Nexa Resources ranks better than 80.9% on this metric.
The historical rank and industry rank for Nexa Resources's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:NE0'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4 Med: 0.58 Max: 0.71
Current: 0.62
During the past years, Nexa Resources's highest Cyclically Adjusted PS Ratio was 0.71. The lowest was 0.40. And the median was 0.58.
FRA:NE0's Cyclically Adjusted PS Ratio is ranked better than 80.9% of 576
companies
in the Metals & Mining industry
Industry Median: 2.31
vs FRA:NE0: 0.62
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.
Nexa Resources's adjusted revenue per share data for the three months ended in Jun. 2026 was €5.951. 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 €19.58 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Nexa Resources (FRA:NE0) 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.
Nexa Resources Cyclically Adjusted PS Ratio Related Terms
Nexa Resources Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Nexa 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.
FRA:NE0 vs EMAT, TMC, IMC: Cyclically Adjusted PS Ratio Comparison
For the Other Industrial Metals & Mining subindustry, Nexa 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.
Nexa Resources Cyclically Adjusted PS Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nexa Resources's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Nexa Resources's Cyclically Adjusted PS Ratio falls into.
Nexa 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.
Nexa Resources's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 0.59 mean?
Nexa Resources (FRA:NE0) has a Cyclically Adjusted PS Ratio of 0.59 as of Sep. 09, 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 Nexa Resources and its competitors. This is near median its historical median of 0.58. Over the past decade, Nexa Resources' Cyclically Adjusted PS Ratio has ranged from 0.40 to 0.71. According to the industry distribution chart, Nexa Resources ranks #110 out of 576 companies in the Metals & Mining industry, placing it in the top 19.1%.
Is Nexa Resources' Cyclically Adjusted PS Ratio too high?
Nexa Resources' current Cyclically Adjusted PS Ratio of 0.59 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.71. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.31. Nexa Resources' value of 0.59 is 74.5% below this industry median. Based on the distribution chart, Nexa Resources ranks #110 out of 576 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Nexa Resources has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexa Resources' Cyclically Adjusted PS Ratio compare to EMAT and TMC?
According to the Metals & Mining industry distribution chart, Nexa Resources ranks #110 out of 576 companies for Cyclically Adjusted PS Ratio. This places Nexa Resources in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 2.31. Nexa Resources' value of 0.59 is 74.5% below this benchmark. Historically, Nexa Resources' own Cyclically Adjusted PS Ratio has ranged from 0.40 to 0.71 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 2.31, Nexa Resources has consistently been below 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 2.31, based on 576 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. Nexa Resources's current Cyclically Adjusted PS Ratio of 0.59 is 74.5% below 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 Nexa Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexa Resources's current Cyclically Adjusted PS Ratio is 0.59, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexa Resources stock overvalued right now?
Based on GuruFocus' analysis, Nexa Resources (FRA:NE0) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.48, compared to a current price of €11.50 — trading 53.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.59, which is near median its 10-year median of 0.58 and 74.5% below the Metals & Mining industry median of 2.31. Nexa Resources' overall GF Score™ is 64/100 with 1 warning sign 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 Nexa Resources (FRA:NE0), the current Cyclically Adjusted PS Ratio is 0.59 as of Sep. 09, 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 Nexa Resources (FRA:NE0) Overvalued in 2026?
Based on GuruFocus' analysis, Nexa Resources stock appears to be overvalued.
The current stock price of €11.50 is trading 53.7% above its estimated GF Value™ of €7.48.
GuruFocus considers Nexa Resources to be Significantly Overvalued.
Key valuation signals for FRA:NE0:
Cyclically Adjusted PS Ratio: 0.59 (near median its 10-year median of 0.58)
GF Value™: €7.48 vs. price of €11.50 (53.7% above fair value)
Industry Position: 74.5% below the Metals & Mining median (#110 of 576)
No single metric tells the full story. See the FRA:NE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexa Resources SA operate large-scale, mechanized underground and open pit mines, as well as smelters. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.
64GF Score
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