Torex Gold Resources (MEX:TXG1N) Cyclically Adjusted PS Ratio: 3.78 (As of Aug. 09, 2026) — 74% Above Median

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MEX:TXG1N Torex Gold Resources Inc MEX:TXG1N
80 GF Score
Price MXN708.36
GF Value MXN645.44
Valuation Fairly Valued
! 2 Warning Signs
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What is Torex Gold Resources Cyclically Adjusted PS Ratio?

Torex Gold Resources MEX:TXG1N 80 Cyclically Adjusted PS Ratio is 3.78 as of Aug. 09, 2026, which is 74% above its 10-year median of 2.17. GuruFocus rates MEX:TXG1N with a GF Score™ of 80/100 and a GF Value™ of MXN645.44 (Fairly Valued). The stock has 2 warning signs investors should review. Among 575 Metals & Mining companies, Torex Gold Resources ranks worse than 67.3% on this metric.

As of today (2026-08-09), Torex Gold Resources's current share price is MXN708.36. Torex Gold Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN187.61. Torex Gold Resources's Cyclically Adjusted PS Ratio for today is 3.78.

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

MEX:TXG1N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.17   Max: 15.12
Current: 4.51

During the past years, Torex Gold Resources's highest Cyclically Adjusted PS Ratio was 15.12. The lowest was 0.84. And the median was 2.17.

MEX:TXG1N's Cyclically Adjusted PS Ratio is ranked worse than
67.3% of 575 companies
in the Metals & Mining industry
Industry Median: 2.4 vs MEX:TXG1N: 4.51

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.

Torex Gold Resources's adjusted revenue per share data for the three months ended in Mar. 2026 was MXN101.334. 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 MXN187.61 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Torex Gold Resources  (MEX:TXG1N) 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.


Torex Gold Resources Cyclically Adjusted PS Ratio Related Terms


Torex Gold Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Torex Gold Resources'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.

Torex Gold Resources Cyclically Adjusted PS Ratio Chart

Torex Gold Resources 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 1.38 1.47 1.29 2.32 4.93

Torex Gold Resources 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 3.22 3.55 4.47 4.93 4.58

MEX:TXG1N vs NEM, AU: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Torex Gold Resources'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.


Torex Gold Resources Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


MEX:TXG1N
80GF Score
Torex Gold Resources Inc MEX:TXG1N
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Torex Gold Resources 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=708.36/187.61
=3.78

* 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.

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

For example, Torex Gold Resources'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)
=101.334/132.2623*132.2623
=101.334

Current CPI (Mar. 2026) = 132.2623.

Torex Gold Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 23.750 102.002 30.796
201609 26.135 101.765 33.967
201612 25.510 101.449 33.258
201703 20.367 102.634 26.247
201706 19.491 103.029 25.021
201709 22.848 103.345 29.241
201712 10.035 103.345 12.843
201803 18.433 105.004 23.218
201806 23.560 105.557 29.521
201809 27.793 105.636 34.798
201812 30.147 105.399 37.831
201903 23.232 106.979 28.723
201906 33.795 107.690 41.506
201909 45.582 107.611 56.024
201912 41.575 107.769 51.024
202003 47.199 107.927 57.841
202006 29.114 108.401 35.522
202009 65.684 108.164 80.318
202012 58.154 108.559 70.851
202103 54.866 110.298 65.792
202106 47.549 111.720 56.292
202109 51.799 112.905 60.680
202112 47.928 113.774 55.716
202203 48.036 117.646 54.004
202206 54.900 120.806 60.106
202209 48.932 120.648 53.643
202212 49.001 120.964 53.578
202303 47.733 122.702 51.452
202306 41.847 124.203 44.562
202309 32.277 125.230 34.089
202312 55.506 125.072 58.697
202403 45.376 126.258 47.534
202406 56.992 127.522 59.111
202409 70.940 127.285 73.714
202412 70.025 127.364 72.718
202503 39.826 129.181 40.776
202506 54.607 129.892 55.603
202509 87.339 130.287 88.663
202512 88.763 130.366 90.054
202603 101.334 132.262 101.334

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 3.78 mean?
Torex Gold Resources (MEX:TXG1N) has a Cyclically Adjusted PS Ratio of 3.78 as of Aug. 09, 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 Torex Gold Resources and its competitors. This is 74% above median its historical median of 2.17. Over the past decade, Torex Gold Resources' Cyclically Adjusted PS Ratio has ranged from 0.84 to 15.12. According to the industry distribution chart, Torex Gold Resources ranks #387 out of 575 companies in the Metals & Mining industry, placing it in the top 67.3%.
Is Torex Gold Resources' Cyclically Adjusted PS Ratio too high?
Torex Gold Resources' current Cyclically Adjusted PS Ratio of 3.78 is 74% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 15.12. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.40. Torex Gold Resources' value of 3.78 is 57.5% above this industry median. Based on the distribution chart, Torex Gold Resources ranks #387 out of 575 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Torex Gold Resources has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Torex Gold Resources ranks #387 out of 575 companies for Cyclically Adjusted PS Ratio. This places Torex Gold Resources in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.40. Torex Gold Resources' value of 3.78 is 57.5% above this benchmark. Historically, Torex Gold Resources' own Cyclically Adjusted PS Ratio has ranged from 0.84 to 15.12 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.40, Torex Gold Resources 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 2.40, 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. Torex Gold Resources's current Cyclically Adjusted PS Ratio of 3.78 is 57.5% 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 Torex Gold Resources and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Torex Gold Resources's current Cyclically Adjusted PS Ratio is 3.78, which is 74% 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 Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (MEX:TXG1N) is currently considered Fairly Valued. The stock's GF Value™ is MXN645.44, compared to a current price of MXN708.36 — trading 9.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.78, which is 74% above median its 10-year median of 2.17 and 57.5% above the Metals & Mining industry median of 2.40. Torex Gold Resources' overall GF Score™ is 80/100 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 Torex Gold Resources (MEX:TXG1N), the current Cyclically Adjusted PS Ratio is 3.78 as of Aug. 09, 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 Torex Gold Resources (MEX:TXG1N) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of MXN708.36 is trading 9.7% above its estimated GF Value™ of MXN645.44. GuruFocus considers Torex Gold Resources to be Fairly Valued.

Key valuation signals for MEX:TXG1N:

  • Cyclically Adjusted PS Ratio: 3.78 (74% above median its 10-year median of 2.17)
  • GF Value™: MXN645.44 vs. price of MXN708.36 (9.7% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 57.5% above the Metals & Mining median (#387 of 575)

No single metric tells the full story. See the MEX:TXG1N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Torex Gold Resources Business Description

Address 130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
80GF Score

Get the complete analysis for MEX:TXG1N

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

MXN708.36
Price
MXN645.44
GF Value