Barrick Mining (MEX:BN) Cyclically Adjusted PS Ratio: 5.47 (As of Sep. 08, 2026) — 152% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:BN Barrick Mining Corp MEX:BN
86 GF Score
Price MXN755.60
GF Value MXN575.39
Valuation Significantly Overvalued
View Full Analysis

What is Barrick Mining Cyclically Adjusted PS Ratio?

Barrick Mining MEX:BN 86 Cyclically Adjusted PS Ratio is 5.47 as of Sep. 08, 2026, which is 152% above its 10-year median of 2.17. GuruFocus rates MEX:BN with a GF Score™ of 86/100 and a GF Value™ of MXN575.39 (Significantly Overvalued). Among 576 Metals & Mining companies, Barrick Mining ranks worse than 71.53% on this metric.

As of today (2026-09-08), Barrick Mining's current share price is MXN755.60. Barrick Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN138.13. Barrick Mining's Cyclically Adjusted PS Ratio for today is 5.47.

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

MEX:BN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.09   Med: 2.17   Max: 6.56
Current: 5.52

During the past years, Barrick Mining's highest Cyclically Adjusted PS Ratio was 6.56. The lowest was 1.09. And the median was 2.17.

MEX:BN's Cyclically Adjusted PS Ratio is ranked worse than
71.53% of 576 companies
in the Metals & Mining industry
Industry Median: 2.31 vs MEX:BN: 5.52

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.

Barrick Mining's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN55.426. 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 MXN138.13 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barrick Mining  (MEX:BN) 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.


Barrick Mining Cyclically Adjusted PS Ratio Related Terms


Barrick Mining Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Barrick 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.

Barrick Mining Cyclically Adjusted PS Ratio Chart

Barrick 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 2.17 2.15 2.30 2.15 5.61

Barrick 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 2.70 4.35 5.61 5.19 4.65

MEX:BN vs NEM, AU, RGLD: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Barrick 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.


Barrick Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


MEX:BN
86GF Score
Barrick Mining Corp MEX:BN
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barrick 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.

Barrick Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=755.60/138.13
=5.47

* 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.

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

For example, Barrick 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)
=55.426/133.5265*133.5265
=55.426

Current CPI (Jun. 2026) = 133.5265.

Barrick Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 38.123 101.765 50.022
201612 41.039 101.449 54.016
201703 32.184 102.634 41.871
201706 33.486 103.029 43.398
201709 31.020 103.345 40.079
201712 37.399 103.345 48.321
201803 27.866 105.004 35.435
201806 28.826 105.557 36.464
201809 29.444 105.636 37.218
201812 32.035 105.399 40.584
201903 23.253 106.979 29.023
201906 22.619 107.690 28.046
201909 30.108 107.611 37.359
201912 30.564 107.769 37.869
202003 35.884 107.927 44.395
202006 39.660 108.401 48.852
202009 43.983 108.164 54.296
202012 36.685 108.559 45.122
202103 33.984 110.298 41.141
202106 32.371 111.720 38.690
202109 32.663 112.905 38.629
202112 38.168 113.774 44.794
202203 31.931 117.646 36.241
202206 32.368 120.806 35.776
202209 28.750 120.648 31.819
202212 30.746 120.964 33.939
202303 27.145 122.702 29.540
202306 27.674 124.203 29.751
202309 28.406 125.230 30.288
202312 29.586 125.072 31.586
202403 25.962 126.258 27.457
202406 33.008 127.522 34.562
202409 37.852 127.285 39.708
202412 43.639 127.364 45.751
202503 37.121 129.181 38.370
202506 40.391 129.892 41.521
202509 44.681 130.287 45.792
202512 64.159 130.366 65.714
202603 56.176 132.262 56.713
202606 55.426 133.527 55.426

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 5.47 mean?
Barrick Mining (MEX:BN) has a Cyclically Adjusted PS Ratio of 5.47 as of Sep. 08, 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 Barrick Mining and its competitors. This is 152% above median its historical median of 2.17. Over the past decade, Barrick Mining's Cyclically Adjusted PS Ratio has ranged from 1.09 to 6.56. According to the industry distribution chart, Barrick Mining ranks #412 out of 576 companies in the Metals & Mining industry, placing it in the top 71.5%.
Is Barrick Mining's Cyclically Adjusted PS Ratio too high?
Barrick Mining's current Cyclically Adjusted PS Ratio of 5.47 is 152% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 6.56. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.31. Barrick Mining's value of 5.47 is 136.8% above this industry median. Based on the distribution chart, Barrick Mining ranks #412 out of 576 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Barrick Mining has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Barrick Mining ranks #412 out of 576 companies for Cyclically Adjusted PS Ratio. This places Barrick Mining in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.31. Barrick Mining's value of 5.47 is 136.8% above this benchmark. Historically, Barrick Mining's own Cyclically Adjusted PS Ratio has ranged from 1.09 to 6.56 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.31, Barrick Mining 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 2.31, 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. Barrick Mining's current Cyclically Adjusted PS Ratio of 5.47 is 136.8% 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 Barrick Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrick Mining's current Cyclically Adjusted PS Ratio is 5.47, which is 152% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Based on GuruFocus' analysis, Barrick Mining (MEX:BN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN575.39, compared to a current price of MXN755.60 — trading 31.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.47, which is 152% above median its 10-year median of 2.17 and 136.8% above the Metals & Mining industry median of 2.31. Barrick Mining's overall GF Score™ is 86/100. 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 Barrick Mining (MEX:BN), the current Cyclically Adjusted PS Ratio is 5.47 as of Sep. 08, 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 Barrick Mining (MEX:BN) Overvalued in 2026?

Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued. The current stock price of MXN755.60 is trading 31.3% above its estimated GF Value™ of MXN575.39. GuruFocus considers Barrick Mining to be Significantly Overvalued.

Key valuation signals for MEX:BN:

  • Cyclically Adjusted PS Ratio: 5.47 (152% above median its 10-year median of 2.17)
  • GF Value™: MXN575.39 vs. price of MXN755.60 (31.3% above fair value)
  • GF Score™: 86/100
  • Industry Position: 136.8% above the Metals & Mining median (#412 of 576)

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


Barrick Mining Business Description

Address 161 Bay Street, Suite 3700, P.O. Box 212, Brookfield Place, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
86GF Score

Get the complete analysis for MEX:BN

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

MXN755.60
Price
MXN575.39
GF Value