KGHPF (KGHM Polska Miedz) Cyclically Adjusted PS Ratio: 1.59 (As of Jul. 26, 2026) — 83% Above Median

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KGHPF KGHM Polska Miedz SA KGHPF
64 GF Score
Price $76.22
GF Value $42.21
Valuation Significantly Overvalued
! 6 Warning Signs
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What is KGHM Polska Miedz Cyclically Adjusted PS Ratio?

KGHM Polska Miedz KGHPF 64 Cyclically Adjusted PS Ratio is 1.59 as of Jul. 26, 2026, which is 83% above its 10-year median of 0.87. GuruFocus rates KGHPF with a GF Score™ of 64/100 and a GF Value™ of $42.21 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 573 Metals & Mining companies, KGHM Polska Miedz ranks better than 57.59% on this metric.

As of today (2026-07-26), KGHM Polska Miedz's current share price is $76.22. KGHM Polska Miedz's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $47.82. KGHM Polska Miedz's Cyclically Adjusted PS Ratio for today is 1.59.

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

KGHPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.87   Max: 1.98
Current: 1.65

During the past years, KGHM Polska Miedz's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.46. And the median was 0.87.

KGHPF's Cyclically Adjusted PS Ratio is ranked better than
57.59% of 573 companies
in the Metals & Mining industry
Industry Median: 2.12 vs KGHPF: 1.65

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.

KGHM Polska Miedz's adjusted revenue per share data for the three months ended in Mar. 2026 was $15.634. 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 $47.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


KGHM Polska Miedz  (OTCPK:KGHPF) 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.


KGHM Polska Miedz Cyclically Adjusted PS Ratio Related Terms


KGHM Polska Miedz Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for KGHM Polska Miedz'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.

KGHM Polska Miedz Cyclically Adjusted PS Ratio Chart

KGHM Polska Miedz 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 1.07 0.84 0.77 0.68 1.59

KGHM Polska Miedz 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 0.72 0.74 0.92 1.59 1.45

KGHPF vs SCCO, FCX: Cyclically Adjusted PS Ratio Comparison

For the Copper subindustry, KGHM Polska Miedz'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.


KGHM Polska Miedz Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

* The bar in red indicates where KGHM Polska Miedz's Cyclically Adjusted PS Ratio falls into.


KGHPF
64GF Score
KGHM Polska Miedz SA KGHPF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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KGHM Polska Miedz 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.

KGHM Polska Miedz's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.22/47.82
=1.59

* 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.

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

For example, KGHM Polska Miedz'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)
=15.634/163.0700*163.0700
=15.634

Current CPI (Mar. 2026) = 163.0700.

KGHM Polska Miedz Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 6.028 99.552 9.874
201609 6.170 99.064 10.156
201612 7.921 100.366 12.870
201703 6.467 101.018 10.440
201706 6.324 101.180 10.192
201709 6.287 101.343 10.116
201712 7.732 102.564 12.293
201803 5.618 102.564 8.932
201806 6.791 103.378 10.712
201809 7.064 103.378 11.143
201812 7.558 103.785 11.875
201903 7.227 104.274 11.302
201906 7.559 105.983 11.631
201909 7.429 105.983 11.431
201912 7.709 107.123 11.735
202003 6.978 109.076 10.432
202006 7.439 109.402 11.088
202009 7.417 109.320 11.064
202012 9.287 109.565 13.822
202103 8.883 112.658 12.858
202106 10.221 113.960 14.626
202109 9.520 115.588 13.431
202112 10.625 119.088 14.549
202203 11.843 125.031 15.446
202206 11.764 131.705 14.566
202209 10.232 135.531 12.311
202212 10.734 139.113 12.583
202303 12.623 145.950 14.104
202306 10.762 147.009 11.938
202309 10.392 146.113 11.598
202312 10.297 147.741 11.365
202403 10.950 149.044 11.981
202406 12.070 150.997 13.035
202409 11.403 153.439 12.119
202412 12.091 154.660 12.748
202503 11.776 157.021 12.230
202506 11.344 157.509 11.744
202509 10.950 158.000 11.301
202512 13.821 158.320 14.236
202603 15.634 163.070 15.634

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 1.59 mean?
KGHM Polska Miedz (KGHPF) has a Cyclically Adjusted PS Ratio of 1.59 as of Jul. 26, 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 KGHM Polska Miedz and its competitors. This is 83% above median its historical median of 0.87. Over the past decade, KGHM Polska Miedz's Cyclically Adjusted PS Ratio has ranged from 0.46 to 1.98. According to the industry distribution chart, KGHM Polska Miedz ranks #243 out of 573 companies in the Metals & Mining industry, placing it in the top 42.4%.
Is KGHM Polska Miedz's Cyclically Adjusted PS Ratio too high?
KGHM Polska Miedz's current Cyclically Adjusted PS Ratio of 1.59 is 83% above median its 10-year median of 0.87. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.98. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.12. KGHM Polska Miedz's value of 1.59 is 25% below this industry median. Based on the distribution chart, KGHM Polska Miedz ranks #243 out of 573 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, KGHM Polska Miedz has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KGHM Polska Miedz's Cyclically Adjusted PS Ratio compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, KGHM Polska Miedz ranks #243 out of 573 companies for Cyclically Adjusted PS Ratio. This puts KGHM Polska Miedz in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.12. KGHM Polska Miedz's value of 1.59 is 25% below this benchmark. Historically, KGHM Polska Miedz's own Cyclically Adjusted PS Ratio has ranged from 0.46 to 1.98 over the past decade. While the company's 10-year median is 0.87 vs. the industry median of 2.12, KGHM Polska Miedz 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 2.12, based on 573 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. KGHM Polska Miedz's current Cyclically Adjusted PS Ratio of 1.59 is 25% 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 KGHM Polska Miedz and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KGHM Polska Miedz's current Cyclically Adjusted PS Ratio is 1.59, which is 83% above median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGHM Polska Miedz stock overvalued right now?
Based on GuruFocus' analysis, KGHM Polska Miedz (KGHPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $42.21, compared to a current price of $76.22 — trading 80.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.59, which is 83% above median its 10-year median of 0.87 and 25% below the Metals & Mining industry median of 2.12. KGHM Polska Miedz's overall GF Score™ is 64/100 with 6 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 KGHM Polska Miedz (KGHPF), the current Cyclically Adjusted PS Ratio is 1.59 as of Jul. 26, 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 KGHM Polska Miedz (KGHPF) Overvalued in 2026?

Based on GuruFocus' analysis, KGHM Polska Miedz stock appears to be overvalued. The current stock price of $76.22 is trading 80.6% above its estimated GF Value™ of $42.21. GuruFocus considers KGHM Polska Miedz to be Significantly Overvalued.

Key valuation signals for KGHPF:

  • Cyclically Adjusted PS Ratio: 1.59 (83% above median its 10-year median of 0.87)
  • GF Value™: $42.21 vs. price of $76.22 (80.6% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 25% below the Metals & Mining median (#243 of 573)

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


KGHM Polska Miedz Business Description

Address 48 M.Sklodowskiej-Curie Street, Lubin, POL, 59-301
KGHM Polska Miedz SA engages in copper ore mining and copper production predominantly in South-Western Poland. The company also produces precious metals such as silver, which is typically used for coins, jewelry, photography products, and industrial purposes. The bulk of group revenue is generated through copper sales, and the remainder is through sales of silver, while a minor portion is generated through the production of gold, salt, and casting of light metals. The materials are sold domestically, and exported to Germany, China, the U.S., the United Kingdom, and the Czech Republic, among many other European nations.
64GF Score

Get the complete analysis for KGHPF

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

$76.22
Price
$42.21
GF Value