Wheaton Precious Metals (STU:SII) Cyclically Adjusted PS Ratio: 50.17 (As of Aug. 31, 2026) — 160% Above Median

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STU:SII Wheaton Precious Metals Corp STU:SII
94 GF Score
Price €132.45
GF Value €155.05
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Wheaton Precious Metals Cyclically Adjusted PS Ratio?

Wheaton Precious Metals STU:SII -2.36% 94 Cyclically Adjusted PS Ratio is 50.17 as of Aug. 31, 2026, which is 160% above its 10-year median of 19.33. GuruFocus rates STU:SII with a GF Score™ of 94/100 and a GF Value™ of €155.05 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 575 Metals & Mining companies, Wheaton Precious Metals ranks worse than 97.91% on this metric.

As of today (2026-08-31), Wheaton Precious Metals's current share price is €132.45. Wheaton Precious Metals's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €2.64. Wheaton Precious Metals's Cyclically Adjusted PS Ratio for today is 50.17.

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

STU:SII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.89   Med: 19.33   Max: 58.49
Current: 49.71

During the past years, Wheaton Precious Metals's highest Cyclically Adjusted PS Ratio was 58.49. The lowest was 9.89. And the median was 19.33.

STU:SII's Cyclically Adjusted PS Ratio is ranked worse than
97.91% of 575 companies
in the Metals & Mining industry
Industry Median: 2.38 vs STU:SII: 49.71

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.

Wheaton Precious Metals's adjusted revenue per share data for the three months ended in Jun. 2026 was €1.773. 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 €2.64 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wheaton Precious Metals  (STU:SII) 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.


Wheaton Precious Metals Cyclically Adjusted PS Ratio Related Terms


Wheaton Precious Metals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Wheaton Precious Metals'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.

Wheaton Precious Metals Cyclically Adjusted PS Ratio Chart

Wheaton Precious Metals 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 19.62 17.93 21.16 24.59 42.46

Wheaton Precious Metals 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 34.65 42.97 42.46 45.12 37.19

STU:SII vs NEM, AU, RGLD: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Wheaton Precious Metals'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.


Wheaton Precious Metals Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Wheaton Precious Metals's Cyclically Adjusted PS Ratio falls into.


STU:SII
94GF Score
Wheaton Precious Metals Corp STU:SII
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wheaton Precious Metals 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.

Wheaton Precious Metals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.45/2.64
=50.17

* 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.

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

For example, Wheaton Precious Metals'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)
=1.773/133.5265*133.5265
=1.773

Current CPI (Jun. 2026) = 133.5265.

Wheaton Precious Metals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.470 101.765 0.617
201612 0.554 101.449 0.729
201703 0.419 102.634 0.545
201706 0.402 103.029 0.521
201709 0.385 103.345 0.497
201712 0.463 103.345 0.598
201803 0.365 105.004 0.464
201806 0.410 105.557 0.519
201809 0.358 105.636 0.453
201812 0.389 105.399 0.493
201903 0.447 106.979 0.558
201906 0.376 107.690 0.466
201909 0.453 107.611 0.562
201912 0.448 107.769 0.555
202003 0.514 107.927 0.636
202006 0.489 108.401 0.602
202009 0.577 108.164 0.712
202012 0.522 108.559 0.642
202103 0.604 110.298 0.731
202106 0.608 111.720 0.727
202109 0.506 112.905 0.598
202112 0.546 113.774 0.641
202203 0.617 117.646 0.700
202206 0.633 120.806 0.700
202209 0.489 120.648 0.541
202212 0.492 120.964 0.543
202303 0.442 122.702 0.481
202306 0.539 124.203 0.579
202309 0.461 125.230 0.492
202312 0.634 125.072 0.677
202403 0.602 126.258 0.637
202406 0.612 127.522 0.641
202409 0.611 127.285 0.641
202412 0.800 127.364 0.839
202503 0.958 129.181 0.990
202506 0.960 129.892 0.987
202509 0.892 130.287 0.914
202512 1.623 130.366 1.662
202603 1.714 132.262 1.730
202606 1.773 133.527 1.773

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 50.17 mean?
Wheaton Precious Metals (STU:SII) has a Cyclically Adjusted PS Ratio of 50.17 as of Aug. 31, 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 Wheaton Precious Metals and its competitors. This is 160% above median its historical median of 19.33. Over the past decade, Wheaton Precious Metals' Cyclically Adjusted PS Ratio has ranged from 9.89 to 58.49. According to the industry distribution chart, Wheaton Precious Metals ranks #563 out of 575 companies in the Metals & Mining industry, placing it in the top 97.9%.
Is Wheaton Precious Metals' Cyclically Adjusted PS Ratio too high?
Wheaton Precious Metals' current Cyclically Adjusted PS Ratio of 50.17 is 160% above median its 10-year median of 19.33. Over the past 10 years, this metric has ranged from a low of 9.89 to a high of 58.49. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.38. Wheaton Precious Metals' value of 50.17 is 2008% above this industry median. Based on the distribution chart, Wheaton Precious Metals ranks #563 out of 575 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Wheaton Precious Metals has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wheaton Precious Metals' Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Wheaton Precious Metals ranks #563 out of 575 companies for Cyclically Adjusted PS Ratio. This places Wheaton Precious Metals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.38. Wheaton Precious Metals' value of 50.17 is 2008% above this benchmark. Historically, Wheaton Precious Metals' own Cyclically Adjusted PS Ratio has ranged from 9.89 to 58.49 over the past decade. While the company's 10-year median is 19.33 vs. the industry median of 2.38, Wheaton Precious Metals 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 2.38, 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. Wheaton Precious Metals's current Cyclically Adjusted PS Ratio of 50.17 is 2008% 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 Wheaton Precious Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wheaton Precious Metals's current Cyclically Adjusted PS Ratio is 50.17, which is 160% above median its own 10-year median of 19.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wheaton Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Wheaton Precious Metals (STU:SII) is currently considered Modestly Undervalued. The stock's GF Value™ is €155.05, compared to a current price of €132.45 — trading 14.6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 50.17, which is 160% above median its 10-year median of 19.33 and 2008% above the Metals & Mining industry median of 2.38. Wheaton Precious Metals' overall GF Score™ is 94/100 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 Wheaton Precious Metals (STU:SII), the current Cyclically Adjusted PS Ratio is 50.17 as of Aug. 31, 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 Wheaton Precious Metals (STU:SII) Overvalued in 2026?

Based on GuruFocus' analysis, Wheaton Precious Metals stock appears to be undervalued. The current stock price of €132.45 is trading 14.6% below its estimated GF Value™ of €155.05. GuruFocus considers Wheaton Precious Metals to be Modestly Undervalued.

Key valuation signals for STU:SII:

  • Cyclically Adjusted PS Ratio: 50.17 (160% above median its 10-year median of 19.33)
  • GF Value™: €155.05 vs. price of €132.45 (14.6% below fair value)
  • GF Score™: 94/100 with 2 warning signs
  • Industry Position: 2008% above the Metals & Mining median (#563 of 575)

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


Wheaton Precious Metals Business Description

Address 1021 West Hastings Street, Suite 3500, Vancouver, BC, CAN, V6E 0C3
Wheaton Precious Metals Corp is a precious metal streaming company. Its geographical segment includes: North America; Europe; South America; and Africa. It generates its revenue from the sale of precious metals (gold, silver and palladium) and cobalt.
94GF Score

Get the complete analysis for STU:SII

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

€132.45
Price
€155.05
GF Value