TORXF (Torex Gold Resources) Cyclically Adjusted PS Ratio: 4.54 (As of Aug. 17, 2026) — 109% Above Median

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TORXF Torex Gold Resources Inc TORXF
91 GF Score
Price $46.31
GF Value $38.84
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Torex Gold Resources Cyclically Adjusted PS Ratio?

Torex Gold Resources TORXF +1.47% 91 Cyclically Adjusted PS Ratio is 4.54 as of Aug. 17, 2026, which is 109% above its 10-year median of 2.17. GuruFocus rates TORXF with a GF Score™ of 91/100 and a GF Value™ of $38.84 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 575 Metals & Mining companies, Torex Gold Resources ranks worse than 66.78% on this metric.

As of today (2026-08-17), Torex Gold Resources's current share price is $46.31. Torex Gold Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $10.19. Torex Gold Resources's Cyclically Adjusted PS Ratio for today is 4.54.

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

TORXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 2.17   Max: 15.12
Current: 4.37

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.

TORXF's Cyclically Adjusted PS Ratio is ranked worse than
66.78% of 575 companies
in the Metals & Mining industry
Industry Median: 2.3 vs TORXF: 4.37

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 Jun. 2026 was $4.328. 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 $10.19 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Torex Gold Resources  (OTCPK:TORXF) 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
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 3.55 4.47 4.93 4.58 3.91

TORXF 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.


TORXF
91GF Score
Torex Gold Resources Inc TORXF
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
=46.31/10.19
=4.54

* 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 Jun. 2026 is calculated as:

For example, Torex Gold Resources'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)
=4.328/133.5265*133.5265
=4.328

Current CPI (Jun. 2026) = 133.5265.

Torex Gold Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.352 101.765 1.774
201612 1.237 101.449 1.628
201703 1.082 102.634 1.408
201706 1.078 103.029 1.397
201709 1.259 103.345 1.627
201712 0.511 103.345 0.660
201803 1.015 105.004 1.291
201806 1.199 105.557 1.517
201809 1.486 105.636 1.878
201812 1.535 105.399 1.945
201903 1.198 106.979 1.495
201906 1.759 107.690 2.181
201909 2.309 107.611 2.865
201912 2.204 107.769 2.731
202003 2.013 107.927 2.490
202006 1.261 108.401 1.553
202009 2.973 108.164 3.670
202012 2.923 108.559 3.595
202103 2.684 110.298 3.249
202106 2.389 111.720 2.855
202109 2.519 112.905 2.979
202112 2.336 113.774 2.742
202203 2.413 117.646 2.739
202206 2.729 120.806 3.016
202209 2.433 120.648 2.693
202212 2.513 120.964 2.774
202303 2.648 122.702 2.882
202306 2.441 124.203 2.624
202309 1.853 125.230 1.976
202312 3.270 125.072 3.491
202403 2.734 126.258 2.891
202406 3.111 127.522 3.257
202409 3.603 127.285 3.780
202412 3.358 127.364 3.520
202503 1.947 129.181 2.012
202506 2.900 129.892 2.981
202509 4.761 130.287 4.879
202512 4.930 130.366 5.050
202603 5.619 132.262 5.673
202606 4.328 133.527 4.328

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 4.54 mean?
Torex Gold Resources (TORXF) has a Cyclically Adjusted PS Ratio of 4.54 as of Aug. 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 Torex Gold Resources and its competitors. This is 109% 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 #384 out of 575 companies in the Metals & Mining industry, placing it in the top 66.8%.
Is Torex Gold Resources' Cyclically Adjusted PS Ratio too high?
Torex Gold Resources' current Cyclically Adjusted PS Ratio of 4.54 is 109% 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 2.30. Torex Gold Resources' value of 4.54 is 97.4% above this industry median. Based on the distribution chart, Torex Gold Resources ranks #384 out of 575 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Torex Gold Resources has a GF Score™ of 91/100 and is considered Modestly Overvalued, 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 #384 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 2.30. Torex Gold Resources' value of 4.54 is 97.4% 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 2.30, 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 2.30, 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 4.54 is 97.4% 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 2.30 — 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 4.54, which is 109% 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 (TORXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $38.84, compared to a current price of $46.31 — trading 19.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 4.54, which is 109% above median its 10-year median of 2.17 and 97.4% above the Metals & Mining industry median of 2.30. Torex Gold Resources' overall GF Score™ is 91/100 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 Torex Gold Resources (TORXF), the current Cyclically Adjusted PS Ratio is 4.54 as of Aug. 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 Torex Gold Resources (TORXF) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of $46.31 is trading 19.2% above its estimated GF Value™ of $38.84. GuruFocus considers Torex Gold Resources to be Modestly Overvalued.

Key valuation signals for TORXF:

  • Cyclically Adjusted PS Ratio: 4.54 (109% above median its 10-year median of 2.17)
  • GF Value™: $38.84 vs. price of $46.31 (19.2% above fair value)
  • GF Score™: 91/100 with 1 warning sign
  • Industry Position: 97.4% above the Metals & Mining median (#384 of 575)

No single metric tells the full story. See the TORXF 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.
91GF Score

Get the complete analysis for TORXF

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

$46.31
Price
$38.84
GF Value