IPI (Intrepid Potash) Cyclically Adjusted PS Ratio: 1.56 (As of Aug. 16, 2026) — 93% Above Median

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IPI Intrepid Potash Inc IPI
69 GF Score
Price $36.62
GF Value $28.19
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Intrepid Potash Cyclically Adjusted PS Ratio?

Intrepid Potash IPI +1.78% 69 Cyclically Adjusted PS Ratio is 1.56 as of Aug. 16, 2026, which is 93% above its 10-year median of 0.81. GuruFocus rates IPI with a GF Score™ of 69/100 and a GF Value™ of $28.19 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 201 Agriculture companies, Intrepid Potash ranks worse than 66.67% on this metric.

As of today (2026-08-16), Intrepid Potash's current share price is $36.62. Intrepid Potash's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $23.42. Intrepid Potash's Cyclically Adjusted PS Ratio for today is 1.56.

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

IPI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.81   Max: 3.12
Current: 1.56

During the past years, Intrepid Potash's highest Cyclically Adjusted PS Ratio was 3.12. The lowest was 0.13. And the median was 0.81.

IPI's Cyclically Adjusted PS Ratio is ranked worse than
66.67% of 201 companies
in the Agriculture industry
Industry Median: 1 vs IPI: 1.56

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.

Intrepid Potash's adjusted revenue per share data for the three months ended in Jun. 2026 was $5.024. 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 $23.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intrepid Potash  (NYSE:IPI) 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.


Intrepid Potash Cyclically Adjusted PS Ratio Related Terms


Intrepid Potash Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Intrepid Potash'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.

Intrepid Potash Cyclically Adjusted PS Ratio Chart

Intrepid Potash 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 1.19 0.88 0.79 0.84 1.17

Intrepid Potash 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 1.46 1.27 1.17 1.81 1.40

IPI vs VRDR, AVD, BIOX: Cyclically Adjusted PS Ratio Comparison

For the Agricultural Inputs subindustry, Intrepid Potash'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.


Intrepid Potash Cyclically Adjusted PS Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Intrepid Potash's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


IPI
69GF Score
Intrepid Potash Inc IPI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intrepid Potash 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.

Intrepid Potash's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.62/23.42
=1.56

* 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.

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

For example, Intrepid Potash'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)
=5.024/333.9520*333.9520
=5.024

Current CPI (Jun. 2026) = 333.9520.

Intrepid Potash Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 5.752 241.428 7.956
201612 5.730 241.432 7.926
201703 5.934 243.801 8.128
201706 3.566 244.955 4.862
201709 2.688 246.819 3.637
201712 3.938 246.524 5.335
201803 4.383 249.554 5.865
201806 4.315 251.989 5.719
201809 3.164 252.439 4.186
201812 4.150 251.233 5.516
201903 4.397 254.202 5.776
201906 4.770 256.143 6.219
201909 3.961 256.759 5.152
201912 3.728 256.974 4.845
202003 4.938 258.115 6.389
202006 3.579 257.797 4.636
202009 2.928 260.280 3.757
202012 3.718 260.474 4.767
202103 5.374 264.877 6.775
202106 5.090 271.696 6.256
202109 4.425 274.310 5.387
202112 5.317 278.802 6.369
202203 7.679 287.504 8.920
202206 6.736 296.311 7.592
202209 5.542 296.808 6.236
202212 5.087 296.797 5.724
202303 6.751 301.836 7.469
202306 6.304 305.109 6.900
202309 4.259 307.789 4.621
202312 4.429 306.746 4.822
202403 6.186 312.332 6.614
202406 4.816 314.175 5.119
202409 4.458 315.301 4.722
202412 4.323 315.605 4.574
202503 7.222 319.799 7.542
202506 5.126 322.561 5.307
202509 4.035 324.800 4.149
202512 5.728 324.054 5.903
202603 7.427 330.213 7.511
202606 5.024 333.952 5.024

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 1.56 mean?
Intrepid Potash (IPI) has a Cyclically Adjusted PS Ratio of 1.56 as of Aug. 16, 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 Intrepid Potash and its competitors. This is 93% above median its historical median of 0.81. Over the past decade, Intrepid Potash's Cyclically Adjusted PS Ratio has ranged from 0.13 to 3.12. According to the industry distribution chart, Intrepid Potash ranks #134 out of 201 companies in the Agriculture industry, placing it in the top 66.7%.
Is Intrepid Potash's Cyclically Adjusted PS Ratio too high?
Intrepid Potash's current Cyclically Adjusted PS Ratio of 1.56 is 93% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 3.12. The Agriculture industry median Cyclically Adjusted PS Ratio is 1.00. Intrepid Potash's value of 1.56 is 56% above this industry median. Based on the distribution chart, Intrepid Potash ranks #134 out of 201 companies in the Agriculture industry, which is below the industry midpoint. Overall, Intrepid Potash has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Intrepid Potash's Cyclically Adjusted PS Ratio compare to VRDR and AVD?
According to the Agriculture industry distribution chart, Intrepid Potash ranks #134 out of 201 companies for Cyclically Adjusted PS Ratio. This places Intrepid Potash in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Intrepid Potash's value of 1.56 is 56% above this benchmark. Historically, Intrepid Potash's own Cyclically Adjusted PS Ratio has ranged from 0.13 to 3.12 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.00, Intrepid Potash 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 an Agriculture company?
The median Cyclically Adjusted PS Ratio among Agriculture companies is 1.00, based on 201 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. Intrepid Potash's current Cyclically Adjusted PS Ratio of 1.56 is 56% 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 Intrepid Potash and its competitors. For the Agriculture industry, the median Cyclically Adjusted PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Intrepid Potash's current Cyclically Adjusted PS Ratio is 1.56, which is 93% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intrepid Potash stock overvalued right now?
Based on GuruFocus' analysis, Intrepid Potash (IPI) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.19, compared to a current price of $36.62 — trading 29.9% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.56, which is 93% above median its 10-year median of 0.81 and 56% above the Agriculture industry median of 1.00. Intrepid Potash's overall GF Score™ is 69/100 with 5 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 Intrepid Potash (IPI), the current Cyclically Adjusted PS Ratio is 1.56 as of Aug. 16, 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 Intrepid Potash (IPI) Overvalued in 2026?

Based on GuruFocus' analysis, Intrepid Potash stock appears to be overvalued. The current stock price of $36.62 is trading 29.9% above its estimated GF Value™ of $28.19. GuruFocus considers Intrepid Potash to be Modestly Overvalued.

Key valuation signals for IPI:

  • Cyclically Adjusted PS Ratio: 1.56 (93% above median its 10-year median of 0.81)
  • GF Value™: $28.19 vs. price of $36.62 (29.9% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 56% above the Agriculture median (#134 of 201)

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


Intrepid Potash Business Description

Other Exchanges 58I1:Germany
Address 707 17th Street, Suite 4200, Denver, CO, USA, 80202
Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield Solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, saltwater disposal services, and trucking services. The vast majority of revenue is generated in the United States, where the firm's production facilities are located.
69GF Score

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

$36.62
Price
$28.19
GF Value