MTX (Minerals Technologies) Cyclically Adjusted PS Ratio: 1.13 (As of Jul. 17, 2026) — Near Median

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MTX Minerals Technologies Inc MTX
75 GF Score
Price $75.39
GF Value $70.27
Valuation Fairly Valued
! 7 Warning Signs
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What is Minerals Technologies Cyclically Adjusted PS Ratio?

Minerals Technologies MTX +2.09% 75 Cyclically Adjusted PS Ratio is 1.13 as of Jul. 17, 2026, which is 9% below its 10-year median of 1.24. GuruFocus rates MTX with a GF Score™ of 75/100 and a GF Value™ of $70.27 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,279 Chemicals companies, Minerals Technologies ranks better than 55.36% on this metric.

As of today (2026-07-17), Minerals Technologies's current share price is $75.39. Minerals Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $66.82. Minerals Technologies's Cyclically Adjusted PS Ratio for today is 1.13.

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

MTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.24   Max: 2.29
Current: 1.13

During the past years, Minerals Technologies's highest Cyclically Adjusted PS Ratio was 2.29. The lowest was 0.69. And the median was 1.24.

MTX's Cyclically Adjusted PS Ratio is ranked better than
55.36% of 1279 companies
in the Chemicals industry
Industry Median: 1.32 vs MTX: 1.13

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.

Minerals Technologies's adjusted revenue per share data for the three months ended in Mar. 2026 was $17.642. 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 $66.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minerals Technologies  (NYSE:MTX) 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.


Minerals Technologies Cyclically Adjusted PS Ratio Related Terms


Minerals Technologies Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Minerals Technologies'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.

Minerals Technologies Cyclically Adjusted PS Ratio Chart

Minerals Technologies 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 1.43 1.06 1.14 1.19 0.93

Minerals Technologies 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 0.98 0.84 0.95 0.93 1.06

MTX vs NGVT, KWR, IOSP: Cyclically Adjusted PS Ratio Comparison

For the Specialty Chemicals subindustry, Minerals Technologies'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.


Minerals Technologies Cyclically Adjusted PS Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Minerals Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MTX
75GF Score
Minerals Technologies Inc MTX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Minerals Technologies 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.

Minerals Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.39/66.82
=1.13

* 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.

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

For example, Minerals Technologies'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)
=17.642/330.2130*330.2130
=17.642

Current CPI (Mar. 2026) = 330.2130.

Minerals Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 12.165 241.018 16.667
201609 11.317 241.428 15.479
201612 11.304 241.432 15.461
201703 11.376 243.801 15.408
201706 11.632 244.955 15.681
201709 11.921 246.819 15.949
201712 12.140 246.524 16.261
201803 12.081 249.554 15.986
201806 13.053 251.989 17.105
201809 13.037 252.439 17.054
201812 12.570 251.233 16.522
201903 12.399 254.202 16.107
201906 13.139 256.143 16.938
201909 12.801 256.759 16.463
201912 12.649 256.974 16.254
202003 12.137 258.115 15.527
202006 10.475 257.797 13.417
202009 11.387 260.280 14.447
202012 12.626 260.474 16.006
202103 13.312 264.877 16.596
202106 13.361 271.696 16.239
202109 14.000 274.310 16.853
202112 14.236 278.802 16.861
202203 15.636 287.504 17.959
202206 16.930 296.311 18.867
202209 16.623 296.808 18.494
202212 15.618 296.797 17.376
202303 16.803 301.836 18.383
202306 16.917 305.109 18.309
202309 16.855 307.789 18.083
202312 16.089 306.746 17.320
202403 16.497 312.332 17.441
202406 16.704 314.175 17.557
202409 16.245 315.301 17.013
202412 16.191 315.605 16.940
202503 15.417 319.799 15.919
202506 16.737 322.561 17.134
202509 17.010 324.800 17.293
202512 16.867 324.054 17.188
202603 17.642 330.213 17.642

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 1.13 mean?
Minerals Technologies (MTX) has a Cyclically Adjusted PS Ratio of 1.13 as of Jul. 17, 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 Minerals Technologies and its competitors. This is near median its historical median of 1.24. Over the past decade, Minerals Technologies' Cyclically Adjusted PS Ratio has ranged from 0.69 to 2.29. According to the industry distribution chart, Minerals Technologies ranks #571 out of 1279 companies in the Chemicals industry, placing it in the top 44.6%.
Is Minerals Technologies' Cyclically Adjusted PS Ratio too high?
Minerals Technologies' current Cyclically Adjusted PS Ratio of 1.13 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.29. The Chemicals industry median Cyclically Adjusted PS Ratio is 1.32. Minerals Technologies' value of 1.13 is 14.4% below this industry median. Based on the distribution chart, Minerals Technologies ranks #571 out of 1279 companies in the Chemicals industry, which is above the industry midpoint. Overall, Minerals Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minerals Technologies' Cyclically Adjusted PS Ratio compare to NGVT and KWR?
According to the Chemicals industry distribution chart, Minerals Technologies ranks #571 out of 1279 companies for Cyclically Adjusted PS Ratio. This puts Minerals Technologies in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.32. Minerals Technologies' value of 1.13 is 14.4% below this benchmark. Historically, Minerals Technologies' own Cyclically Adjusted PS Ratio has ranged from 0.69 to 2.29 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.32, Minerals Technologies has consistently been below 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 Chemicals company?
The median Cyclically Adjusted PS Ratio among Chemicals companies is 1.32, based on 1,279 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. Minerals Technologies's current Cyclically Adjusted PS Ratio of 1.13 is 14.4% below 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 Minerals Technologies and its competitors. For the Chemicals industry, the median Cyclically Adjusted PS Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerals Technologies's current Cyclically Adjusted PS Ratio is 1.13, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Technologies stock overvalued right now?
Based on GuruFocus' analysis, Minerals Technologies (MTX) is currently considered Fairly Valued. The stock's GF Value™ is $70.27, compared to a current price of $75.39 — trading 7.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.13, which is near median its 10-year median of 1.24 and 14.4% below the Chemicals industry median of 1.32. Minerals Technologies' overall GF Score™ is 75/100 with 7 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 Minerals Technologies (MTX), the current Cyclically Adjusted PS Ratio is 1.13 as of Jul. 17, 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 Minerals Technologies (MTX) Overvalued in 2026?

Based on GuruFocus' analysis, Minerals Technologies stock appears to be overvalued. The current stock price of $75.39 is trading 7.3% above its estimated GF Value™ of $70.27. GuruFocus considers Minerals Technologies to be Fairly Valued.

Key valuation signals for MTX:

  • Cyclically Adjusted PS Ratio: 1.13 (near median its 10-year median of 1.24)
  • GF Value™: $70.27 vs. price of $75.39 (7.3% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 14.4% below the Chemicals median (#571 of 1279)

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


Minerals Technologies Business Description

Other Exchanges MNK:Germany
Address 622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into two segments: The Consumer & Specialties segment that derives maximum revenue, serves consumer end markets directly with mineral-to-market finished products and also provides specialty mineral-based solutions and technologies that are an essential component of its customers' finished products; and The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve its customers' manufacturing processes and projects. The majority of revenue comes from the United States, while it also has its presence in Canada/Latin America, Europe/Africa, and Asia.
75GF Score

Get the complete analysis for MTX

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

$75.39
Price
$70.27
GF Value