GFIOF (Gold Fields) Cyclically Adjusted PS Ratio: 6.43 (As of Jul. 04, 2026) — 149% Above Median


GFIOF Gold Fields Ltd GFIOF
91 GF Score
Price $35.80
GF Value $41.30
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Gold Fields Cyclically Adjusted PS Ratio?

Gold Fields GFIOF 91 Cyclically Adjusted PS Ratio is 6.43 as of Jul. 04, 2026, which is 149% above its 10-year median of 2.58. GuruFocus rates GFIOF with a GF Score™ of 91/100 and a GF Value™ of $41.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 576 Metals & Mining companies, Gold Fields ranks worse than 78.3% on this metric.

As of today (2026-07-04), Gold Fields's current share price is $35.80. Gold Fields's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was $5.57. Gold Fields's Cyclically Adjusted PS Ratio for today is 6.43.

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

GFIOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.58   Max: 10.34
Current: 6.55

During the past 13 years, Gold Fields's highest Cyclically Adjusted PS Ratio was 10.34. The lowest was 0.63. And the median was 2.58.

GFIOF's Cyclically Adjusted PS Ratio is ranked worse than
78.3% of 576 companies
in the Metals & Mining industry
Industry Median: 2.2 vs GFIOF: 6.55

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.

Gold Fields's adjusted revenue per share data of for the fiscal year that ended in Dec25 was $9.753. 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 $5.57 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gold Fields  (OTCPK:GFIOF) 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.


Gold Fields Cyclically Adjusted PS Ratio Related Terms


Gold Fields Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Gold Fields'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.

Gold Fields Cyclically Adjusted PS Ratio Chart

Gold Fields 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 2.88 2.66 3.84 3.16 8.08

Gold Fields Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.84 0.00 3.16 0.00 8.08

GFIOF vs NEM, AU, RGLD: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Gold Fields'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.


Gold Fields Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


GFIOF
91GF Score
Gold Fields Ltd GFIOF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Fields 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.80/5.57
=6.43

* 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.

Gold Fields's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Gold Fields'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)
=9.753/162.8800*162.8800
=9.753

Current CPI (Dec25) = 162.8800.

Gold Fields Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 3.292 109.002 4.919
201712 3.340 113.907 4.776
201812 3.097 118.921 4.242
201912 3.535 123.717 4.654
202012 4.374 127.467 5.589
202112 4.695 135.029 5.663
202212 4.795 145.156 5.380
202312 5.029 152.718 5.364
202412 5.809 157.212 6.018
202512 9.753 162.880 9.753

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 6.43 mean?
Gold Fields (GFIOF) has a Cyclically Adjusted PS Ratio of 6.43 as of Jul. 04, 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 Gold Fields and its competitors. This is 149% above median its historical median of 2.58. Over the past decade, Gold Fields' Cyclically Adjusted PS Ratio has ranged from 0.63 to 10.34. According to the industry distribution chart, Gold Fields ranks #451 out of 576 companies in the Metals & Mining industry, placing it in the top 78.3%.
Is Gold Fields' Cyclically Adjusted PS Ratio too high?
Gold Fields' current Cyclically Adjusted PS Ratio of 6.43 is 149% above median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 10.34. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.20. Gold Fields' value of 6.43 is 192.3% above this industry median. Based on the distribution chart, Gold Fields ranks #451 out of 576 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Gold Fields has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gold Fields' Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Fields ranks #451 out of 576 companies for Cyclically Adjusted PS Ratio. This places Gold Fields in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.20. Gold Fields' value of 6.43 is 192.3% above this benchmark. Historically, Gold Fields' own Cyclically Adjusted PS Ratio has ranged from 0.63 to 10.34 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 2.20, Gold Fields 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 2.20, 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. Gold Fields's current Cyclically Adjusted PS Ratio of 6.43 is 192.3% 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 Gold Fields and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold Fields's current Cyclically Adjusted PS Ratio is 6.43, which is 149% above median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Fields stock overvalued right now?
Based on GuruFocus' analysis, Gold Fields (GFIOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $41.30, compared to a current price of $35.80 — trading 13.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 6.43, which is 149% above median its 10-year median of 2.58 and 192.3% above the Metals & Mining industry median of 2.20. Gold Fields' overall GF Score™ is 91/100 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 Gold Fields (GFIOF), the current Cyclically Adjusted PS Ratio is 6.43 as of Jul. 04, 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 Gold Fields (GFIOF) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Fields stock appears to be undervalued. The current stock price of $35.80 is trading 13.3% below its estimated GF Value™ of $41.30. GuruFocus considers Gold Fields to be Modestly Undervalued.

Key valuation signals for GFIOF:

  • Cyclically Adjusted PS Ratio: 6.43 (149% above median its 10-year median of 2.58)
  • GF Value™: $41.30 vs. price of $35.80 (13.3% below fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 192.3% above the Metals & Mining median (#451 of 576)

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


Gold Fields Business Description

Address 150 Helen Road, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia, and Peru. In Peru, the company also produces copper. The company is involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing, and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith, and South Deep, and surface-only open pit mining at Damang, Tarkwa, and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.
91GF Score

Get the complete analysis for GFIOF

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

$35.80
Price
$41.30
GF Value