Fortuna Mining (MEX:FVI N) Cyclically Adjusted PS Ratio: 4.74 (As of Sep. 06, 2026) — 51% Above Median

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MEX:FVI N Fortuna Mining Corp MEX:FVI N
85 GF Score
Price MXN208.10
GF Value MXN142.71
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Fortuna Mining Cyclically Adjusted PS Ratio?

Fortuna Mining MEX:FVI N +3.79% 85 Cyclically Adjusted PS Ratio is 4.74 as of Sep. 06, 2026, which is 51% above its 10-year median of 3.13. GuruFocus rates MEX:FVI N with a GF Score™ of 85/100 and a GF Value™ of MXN142.71 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 577 Metals & Mining companies, Fortuna Mining ranks worse than 69.84% on this metric.

As of today (2026-09-06), Fortuna Mining's current share price is MXN208.10. Fortuna Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN43.88. Fortuna Mining's Cyclically Adjusted PS Ratio for today is 4.74.

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

MEX:FVI N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.28   Med: 3.13   Max: 9.98
Current: 5.12

During the past years, Fortuna Mining's highest Cyclically Adjusted PS Ratio was 9.98. The lowest was 1.28. And the median was 3.13.

MEX:FVI N's Cyclically Adjusted PS Ratio is ranked worse than
69.84% of 577 companies
in the Metals & Mining industry
Industry Median: 2.32 vs MEX:FVI N: 5.12

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.

Fortuna Mining's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN16.906. 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 MXN43.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fortuna Mining  (MEX:FVI 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.


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 2.39 2.18 1.92 2.18 4.35

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 2.98 4.09 4.35 4.30 3.60

MEX:FVI N 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.


MEX:FVI N
85GF Score
Fortuna Mining Corp MEX:FVI N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=208.10/43.88
=4.74

* 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'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)
=16.906/133.5265*133.5265
=16.906

Current CPI (Jun. 2026) = 133.5265.

Fortuna Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 8.851 101.765 11.613
201612 8.071 101.449 10.623
201703 7.912 102.634 10.294
201706 7.242 103.029 9.386
201709 7.282 103.345 9.409
201712 9.267 103.345 11.973
201803 8.010 105.004 10.186
201806 9.036 105.557 11.430
201809 6.963 105.636 8.801
201812 7.027 105.399 8.902
201903 7.049 106.979 8.798
201906 8.020 107.690 9.944
201909 7.550 107.611 9.368
201912 7.540 107.769 9.342
202003 6.951 107.927 8.600
202006 5.997 108.401 7.387
202009 9.410 108.164 11.616
202012 10.542 108.559 12.967
202103 12.341 110.298 14.940
202106 12.235 111.720 14.623
202109 11.562 112.905 13.674
202112 12.394 113.774 14.546
202203 12.325 117.646 13.989
202206 11.440 120.806 12.645
202209 11.497 120.648 12.724
202212 11.068 120.964 12.217
202303 10.830 122.702 11.785
202306 9.265 124.203 9.960
202309 14.358 125.230 15.309
202312 14.687 125.072 15.680
202403 10.819 126.258 11.442
202406 9.034 127.522 9.459
202409 11.372 127.285 11.930
202412 13.031 127.364 13.662
202503 12.952 129.181 13.388
202506 14.043 129.892 14.436
202509 13.759 130.287 14.101
202512 11.765 130.366 12.050
202603 18.558 132.262 18.735
202606 16.906 133.527 16.906

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 4.74 mean?
Fortuna Mining (MEX:FVI N) has a Cyclically Adjusted PS Ratio of 4.74 as of Sep. 06, 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 Fortuna Mining and its competitors. This is 51% above median its historical median of 3.13. Over the past decade, Fortuna Mining's Cyclically Adjusted PS Ratio has ranged from 1.28 to 9.98. According to the industry distribution chart, Fortuna Mining ranks #403 out of 577 companies in the Metals & Mining industry, placing it in the top 69.8%.
Is Fortuna Mining's Cyclically Adjusted PS Ratio too high?
Fortuna Mining's current Cyclically Adjusted PS Ratio of 4.74 is 51% above median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 9.98. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.32. Fortuna Mining's value of 4.74 is 104.3% above this industry median. Based on the distribution chart, Fortuna Mining ranks #403 out of 577 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortuna Mining has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #403 out of 577 companies for Cyclically Adjusted PS Ratio. This places Fortuna Mining in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.32. Fortuna Mining's value of 4.74 is 104.3% above this benchmark. Historically, Fortuna Mining's own Cyclically Adjusted PS Ratio has ranged from 1.28 to 9.98 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 2.32, Fortuna 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 2.32, based on 577 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. Fortuna Mining's current Cyclically Adjusted PS Ratio of 4.74 is 104.3% 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 Fortuna Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortuna Mining's current Cyclically Adjusted PS Ratio is 4.74, which is 51% above median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (MEX:FVI N) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN142.71, compared to a current price of MXN208.10 — trading 45.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.74, which is 51% above median its 10-year median of 3.13 and 104.3% above the Metals & Mining industry median of 2.32. Fortuna Mining's overall GF Score™ is 85/100 with 1 warning sign 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 Fortuna Mining (MEX:FVI N), the current Cyclically Adjusted PS Ratio is 4.74 as of Sep. 06, 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 Fortuna Mining (MEX:FVI N) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of MXN208.10 is trading 45.8% above its estimated GF Value™ of MXN142.71. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for MEX:FVI N:

  • Cyclically Adjusted PS Ratio: 4.74 (51% above median its 10-year median of 3.13)
  • GF Value™: MXN142.71 vs. price of MXN208.10 (45.8% above fair value)
  • GF Score™: 85/100 with 1 warning sign
  • Industry Position: 104.3% above the Metals & Mining median (#403 of 577)

No single metric tells the full story. See the MEX:FVI N 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.
85GF Score

Get the complete analysis for MEX:FVI N

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

MXN208.10
Price
MXN142.71
GF Value