Eldorado Gold (MEX:EGO N) Cyclically Adjusted PS Ratio: 10.35 (As of Aug. 14, 2026) — 415% Above Median

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.

MEX:EGO N Eldorado Gold Corp MEX:EGO N
74 GF Score
Price MXN620.34
GF Value MXN304.53
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Eldorado Gold Cyclically Adjusted PS Ratio?

Eldorado Gold MEX:EGO N 74 Cyclically Adjusted PS Ratio is 10.35 as of Aug. 14, 2026, which is 415% above its 10-year median of 2.01. GuruFocus rates MEX:EGO N with a GF Score™ of 74/100 and a GF Value™ of MXN304.53 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 575 Metals & Mining companies, Eldorado Gold ranks worse than 78.78% on this metric.

As of today (2026-08-14), Eldorado Gold's current share price is MXN620.34. Eldorado Gold's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN59.96. Eldorado Gold's Cyclically Adjusted PS Ratio for today is 10.35.

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

MEX:EGO N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 2.01   Max: 8.89
Current: 7.06

During the past years, Eldorado Gold's highest Cyclically Adjusted PS Ratio was 8.89. The lowest was 0.51. And the median was 2.01.

MEX:EGO N's Cyclically Adjusted PS Ratio is ranked worse than
78.78% of 575 companies
in the Metals & Mining industry
Industry Median: 2.35 vs MEX:EGO N: 7.06

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.

Eldorado Gold's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN33.490. 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 MXN59.96 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eldorado Gold  (MEX:EGO N) 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.


Eldorado Gold Cyclically Adjusted PS Ratio Related Terms


Eldorado Gold Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Eldorado Gold'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.

Eldorado Gold Cyclically Adjusted PS Ratio Chart

Eldorado Gold 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 1.76 1.68 2.60 3.26 6.80

Eldorado Gold 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 4.06 5.73 6.80 6.27 5.64

MEX:EGO N vs NEM, AU: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Eldorado Gold'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.


Eldorado Gold Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


MEX:EGO N
74GF Score
Eldorado Gold Corp MEX:EGO N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eldorado Gold 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.

Eldorado Gold's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=620.34/59.96
=10.35

* 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.

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

For example, Eldorado Gold'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)
=33.49/133.5265*133.5265
=33.490

Current CPI (Jun. 2026) = 133.5265.

Eldorado Gold Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.681 101.765 20.575
201612 16.506 101.449 21.725
201703 14.684 102.634 19.104
201706 10.422 103.029 13.507
201709 11.013 103.345 14.229
201712 12.596 103.345 16.275
201803 15.088 105.004 19.186
201806 19.052 105.557 24.100
201809 9.394 105.636 11.874
201812 11.742 105.399 14.876
201903 10.002 106.979 12.484
201906 20.866 107.690 25.872
201909 21.026 107.611 26.090
201912 20.960 107.769 25.970
202003 29.046 107.927 35.935
202006 33.397 108.401 41.138
202009 35.666 108.164 44.029
202012 31.229 108.559 38.411
202103 26.341 110.298 31.888
202106 25.183 111.720 30.098
202109 26.757 112.905 31.644
202112 27.646 113.774 32.446
202203 21.073 117.646 23.918
202206 23.700 120.806 26.196
202209 24.306 120.648 26.901
202212 25.439 120.964 28.081
202303 22.017 122.702 23.959
202306 21.229 124.203 22.823
202309 21.128 125.230 22.528
202312 25.357 125.072 27.071
202403 20.994 126.258 22.203
202406 26.491 127.522 27.738
202409 31.688 127.285 33.242
202412 44.125 127.364 46.260
202503 35.194 129.181 36.378
202506 41.098 129.892 42.248
202509 38.873 130.287 39.840
202512 49.848 130.366 51.056
202603 47.797 132.262 48.254
202606 33.490 133.527 33.490

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 10.35 mean?
Eldorado Gold (MEX:EGO N) has a Cyclically Adjusted PS Ratio of 10.35 as of Aug. 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 Eldorado Gold and its competitors. This is 415% above median its historical median of 2.01. Over the past decade, Eldorado Gold's Cyclically Adjusted PS Ratio has ranged from 0.51 to 8.89. According to the industry distribution chart, Eldorado Gold ranks #453 out of 575 companies in the Metals & Mining industry, placing it in the top 78.8%.
Is Eldorado Gold's Cyclically Adjusted PS Ratio too high?
Eldorado Gold's current Cyclically Adjusted PS Ratio of 10.35 is 415% above median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 8.89. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.35. Eldorado Gold's value of 10.35 is 340.4% above this industry median. Based on the distribution chart, Eldorado Gold ranks #453 out of 575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Eldorado Gold has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #453 out of 575 companies for Cyclically Adjusted PS Ratio. This places Eldorado Gold in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.35. Eldorado Gold's value of 10.35 is 340.4% above this benchmark. Historically, Eldorado Gold's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 8.89 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 2.35, Eldorado Gold 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 2.35, based on 575 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. Eldorado Gold's current Cyclically Adjusted PS Ratio of 10.35 is 340.4% 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 Eldorado Gold and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eldorado Gold's current Cyclically Adjusted PS Ratio is 10.35, which is 415% above median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (MEX:EGO N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN304.53, compared to a current price of MXN620.34 — trading 103.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 10.35, which is 415% above median its 10-year median of 2.01 and 340.4% above the Metals & Mining industry median of 2.35. Eldorado Gold's overall GF Score™ is 74/100 with 2 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 Eldorado Gold (MEX:EGO N), the current Cyclically Adjusted PS Ratio is 10.35 as of Aug. 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.

Is Eldorado Gold (MEX:EGO N) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued. The current stock price of MXN620.34 is trading 103.7% above its estimated GF Value™ of MXN304.53. GuruFocus considers Eldorado Gold to be Significantly Overvalued.

Key valuation signals for MEX:EGO N:

  • Cyclically Adjusted PS Ratio: 10.35 (415% above median its 10-year median of 2.01)
  • GF Value™: MXN304.53 vs. price of MXN620.34 (103.7% above fair value)
  • GF Score™: 74/100 with 2 warning signs
  • Industry Position: 340.4% above the Metals & Mining median (#453 of 575)

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


Eldorado Gold Business Description

Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
74GF Score

Get the complete analysis for MEX:EGO N

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

MXN620.34
Price
MXN304.53
GF Value