IVPAF (Ivanhoe Mines) Cyclically Adjusted PS Ratio: 24.00 (As of Jul. 14, 2026) — 42% Below Median

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IVPAF Ivanhoe Mines Ltd IVPAF
34 GF Score
Price $7.68
! 5 Warning Signs
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What is Ivanhoe Mines Cyclically Adjusted PS Ratio?

Ivanhoe Mines IVPAF +5.83% 34 Cyclically Adjusted PS Ratio is 24.00 as of Jul. 14, 2026, which is 42% below its 10-year median of 41.08. GuruFocus rates IVPAF with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 576 Metals & Mining companies, Ivanhoe Mines ranks worse than 94.44% on this metric.

As of today (2026-07-14), Ivanhoe Mines's current share price is $7.68. Ivanhoe Mines's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $0.32. Ivanhoe Mines's Cyclically Adjusted PS Ratio for today is 24.00.

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

IVPAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 23.36   Med: 41.08   Max: 102.47
Current: 23.6

During the past years, Ivanhoe Mines's highest Cyclically Adjusted PS Ratio was 102.47. The lowest was 23.36. And the median was 41.08.

IVPAF's Cyclically Adjusted PS Ratio is ranked worse than
94.44% of 576 companies
in the Metals & Mining industry
Industry Median: 2.105 vs IVPAF: 23.60

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.

Ivanhoe Mines's adjusted revenue per share data for the three months ended in Mar. 2026 was $0.116. 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 $0.32 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ivanhoe Mines  (OTCPK:IVPAF) 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.


Ivanhoe Mines Cyclically Adjusted PS Ratio Related Terms


Ivanhoe Mines Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Ivanhoe Mines'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.

Ivanhoe Mines Cyclically Adjusted PS Ratio Chart

Ivanhoe Mines 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 0.00 0.00 0.00 99.19 40.05

Ivanhoe Mines 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 49.03 34.51 41.70 40.05 27.30

Ivanhoe Mines Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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.


Ivanhoe Mines Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


IVPAF
34GF Score
Ivanhoe Mines Ltd IVPAF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ivanhoe Mines 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.

Ivanhoe Mines's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.68/0.32
=24.00

* 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.

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

For example, Ivanhoe Mines'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)
=0.116/132.2623*132.2623
=0.116

Current CPI (Mar. 2026) = 132.2623.

Ivanhoe Mines Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.000 107.690 0.000
201909 0.000 107.611 0.000
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.000 110.298 0.000
202106 0.000 111.720 0.000
202109 0.000 112.905 0.000
202112 0.000 113.774 0.000
202203 0.000 117.646 0.000
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 0.000 122.702 0.000
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.000 125.072 0.000
202403 0.000 126.258 0.000
202406 0.000 127.522 0.000
202409 0.000 127.285 0.000
202412 0.030 127.364 0.031
202503 0.056 129.181 0.057
202506 0.071 129.892 0.072
202509 0.095 130.287 0.096
202512 0.097 130.366 0.098
202603 0.116 132.262 0.116

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 24.00 mean?
Ivanhoe Mines (IVPAF) has a Cyclically Adjusted PS Ratio of 24.00 as of Jul. 14, 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 Ivanhoe Mines and its competitors. This is 42% below median its historical median of 41.08. Over the past decade, Ivanhoe Mines' Cyclically Adjusted PS Ratio has ranged from 23.36 to 102.47. According to the industry distribution chart, Ivanhoe Mines ranks #544 out of 576 companies in the Metals & Mining industry, placing it in the top 94.4%.
Is Ivanhoe Mines' Cyclically Adjusted PS Ratio too high?
Ivanhoe Mines' current Cyclically Adjusted PS Ratio of 24.00 is 42% below median its 10-year median of 41.08. Over the past 10 years, this metric has ranged from a low of 23.36 to a high of 102.47. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.11. Ivanhoe Mines' value of 24.00 is 1040.1% above this industry median. Based on the distribution chart, Ivanhoe Mines ranks #544 out of 576 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ivanhoe Mines has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Ivanhoe Mines' Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Ivanhoe Mines ranks #544 out of 576 companies for Cyclically Adjusted PS Ratio. This places Ivanhoe Mines in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.11. Ivanhoe Mines' value of 24.00 is 1040.1% above this benchmark. Historically, Ivanhoe Mines' own Cyclically Adjusted PS Ratio has ranged from 23.36 to 102.47 over the past decade. While the company's 10-year median is 41.08 vs. the industry median of 2.11, Ivanhoe Mines 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 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. Ivanhoe Mines's current Cyclically Adjusted PS Ratio of 24.00 is 1040.1% 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 Ivanhoe Mines 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. Ivanhoe Mines's current Cyclically Adjusted PS Ratio is 24.00, which is 42% below median its own 10-year median of 41.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ivanhoe Mines stock overvalued right now?
Ivanhoe Mines (IVPAF) has a current Cyclically Adjusted PS Ratio of 24.00. The current Cyclically Adjusted PS Ratio is 24.00, which is 42% below median its 10-year median of 41.08 and 1040.1% above the Metals & Mining industry median of 2.11. Ivanhoe Mines' overall GF Score™ is 34/100 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 Ivanhoe Mines (IVPAF), the current Cyclically Adjusted PS Ratio is 24.00 as of Jul. 14, 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.

Ivanhoe Mines Business Description

Other Exchanges IYAA:GermanyIVN:Canada
Address 999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its four principal projects in Southern Africa namely the Kamoa-Kakula Copper Complex, a large, high-grade, stratiform copper deposit, Platreef Project, where the Company discovered thick and high-grade palladium, nickel, platinum, rhodium, copper and gold deposit, The Kipushi Project, a past-producing, high-grade underground zinc-copper-germanium-silverlead mine, The Western Foreland Exploration Project, a group of exploration licences. The Company has four reportable segments, including the Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company's treasury offices.
34GF 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.

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