Fortuna Mining (LTS:0QYM) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0QYM Fortuna Mining Corp LTS:0QYM
89 GF Score
Price C$16.49
GF Value C$11.65
Valuation Significantly Overvalued
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What is Fortuna Mining Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortuna Mining  (LTS:0QYM) 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.


Fortuna Mining Cyclically Adjusted PS Ratio Related Terms


Fortuna Mining Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Fortuna Mining'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.

Fortuna Mining Cyclically Adjusted PS Ratio Chart

Fortuna Mining 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 2.40 2.18 1.92 2.20 4.38

Fortuna Mining 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 2.96 4.06 4.28 4.23 3.55

LTS:0QYM vs NEM, AU: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Fortuna Mining'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.


Fortuna Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


LTS:0QYM
89GF Score
Fortuna Mining Corp LTS:0QYM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortuna Mining 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.

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

For example, Fortuna Mining'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)
=1.351/133.5265*133.5265
=1.351

Current CPI (Jun. 2026) = 133.5265.

Fortuna Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.597 101.765 0.783
201612 0.525 101.449 0.691
201703 0.556 102.634 0.723
201706 0.539 103.029 0.699
201709 0.503 103.345 0.650
201712 0.600 103.345 0.775
201803 0.558 105.004 0.710
201806 0.609 105.557 0.770
201809 0.498 105.636 0.629
201812 0.509 105.399 0.645
201903 0.496 106.979 0.619
201906 0.556 107.690 0.689
201909 0.502 107.611 0.623
201912 0.558 107.769 0.691
202003 0.436 107.927 0.539
202006 0.331 108.401 0.408
202009 0.560 108.164 0.691
202012 0.711 108.559 0.875
202103 0.781 110.298 0.945
202106 0.747 111.720 0.893
202109 0.726 112.905 0.859
202112 0.786 113.774 0.922
202203 0.777 117.646 0.882
202206 0.754 120.806 0.833
202209 0.744 120.648 0.823
202212 0.756 120.964 0.835
202303 0.807 122.702 0.878
202306 0.737 124.203 0.792
202309 1.106 125.230 1.179
202312 1.176 125.072 1.255
202403 0.880 126.258 0.931
202406 0.669 127.522 0.701
202409 0.788 127.285 0.827
202412 0.890 127.364 0.933
202503 0.908 129.181 0.939
202506 1.033 129.892 1.062
202509 1.029 130.287 1.055
202512 1.222 130.366 1.252
202603 1.410 132.262 1.423
202606 1.351 133.527 1.351

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.

Is Fortuna Mining (LTS:0QYM) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of C$16.49 is trading 41.5% above its estimated GF Value™ of C$11.65. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for LTS:0QYM:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: C$11.65 vs. price of C$16.49 (41.5% above fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the LTS:0QYM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortuna Mining Business Description

Address 1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
89GF Score

Get the complete analysis for LTS:0QYM

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

C$16.49
Price
C$11.65
GF Value