China Nonferrous Mining (STU:3N4) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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STU:3N4 China Nonferrous Mining Corp Ltd STU:3N4
80 GF Score
Price €1.71
GF Value €0.74
Valuation Significantly Overvalued
! 4 Warning Signs
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What is China Nonferrous Mining Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


China Nonferrous Mining  (STU:3N4) 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.


China Nonferrous Mining Cyclically Adjusted PS Ratio Related Terms


China Nonferrous Mining Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for China Nonferrous 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.

China Nonferrous Mining Cyclically Adjusted PS Ratio Chart

China Nonferrous 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 0.58 0.72 0.84 0.84 1.96

China Nonferrous Mining Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 1.10 0.84 1.02 1.96 1.42

STU:3N4 vs SCCO, FCX: Cyclically Adjusted PS Ratio Comparison

For the Copper subindustry, China Nonferrous 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.


China Nonferrous Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


STU:3N4
80GF Score
China Nonferrous Mining Corp Ltd STU:3N4
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

China Nonferrous 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.

China Nonferrous Mining's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, China Nonferrous Mining's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.777/324.0540*324.0540
=0.777

Current CPI (Dec25) = 324.0540.

China Nonferrous Mining Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.340 241.432 0.456
201712 0.467 246.524 0.614
201812 0.499 251.233 0.644
201912 0.514 256.974 0.648
202012 0.653 260.474 0.812
202112 0.939 278.802 1.091
202212 1.042 296.797 1.138
202312 0.892 306.746 0.942
202412 0.915 315.605 0.939
202512 0.777 324.054 0.777

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.

Is China Nonferrous Mining (STU:3N4) Overvalued in 2026?

Based on GuruFocus' analysis, China Nonferrous Mining stock appears to be overvalued. The current stock price of €1.71 is trading 131.1% above its estimated GF Value™ of €0.74. GuruFocus considers China Nonferrous Mining to be Significantly Overvalued.

Key valuation signals for STU:3N4:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €0.74 vs. price of €1.71 (131.1% above fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the STU:3N4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


China Nonferrous Mining Business Description

Other Exchanges 01258:Hong Kong
Address 32 Enos Chomba Road, Kitwe, ZMB
China Nonferrous Mining Corp Ltd is a Company with its subsidiaries are principally engaged in exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper and copper anodes, copper-cobalt alloy, cobaltous hydroxide and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
80GF Score

Get the complete analysis for STU:3N4

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

€1.71
Price
€0.74
GF Value