Altius Minerals (TSX:ALS) Cyclically Adjusted PS Ratio: 40.41 (As of Jul. 09, 2026) — 76% Above Median


TSX:ALS Altius Minerals Corp TSX:ALS
70 GF Score
Price C$62.23
GF Value C$31.32
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Altius Minerals Cyclically Adjusted PS Ratio?

Altius Minerals TSX:ALS -0.93% 70 Cyclically Adjusted PS Ratio is 40.41 as of Jul. 09, 2026, which is 76% above its 10-year median of 22.99. GuruFocus rates TSX:ALS with a GF Score™ of 70/100 and a GF Value™ of C$31.32 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 574 Metals & Mining companies, Altius Minerals ranks worse than 96.69% on this metric.

As of today (2026-07-09), Altius Minerals's current share price is C$62.23. Altius Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$1.54. Altius Minerals's Cyclically Adjusted PS Ratio for today is 40.41.

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

TSX:ALS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 12.96   Med: 22.99   Max: 51
Current: 39.35

During the past years, Altius Minerals's highest Cyclically Adjusted PS Ratio was 51.00. The lowest was 12.96. And the median was 22.99.

TSX:ALS's Cyclically Adjusted PS Ratio is ranked worse than
96.69% of 574 companies
in the Metals & Mining industry
Industry Median: 2.24 vs TSX:ALS: 39.35

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.

Altius Minerals's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.446. 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 C$1.54 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altius Minerals  (TSX:ALS) 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.


Altius Minerals Cyclically Adjusted PS Ratio Related Terms


Altius Minerals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Altius Minerals'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.

Altius Minerals Cyclically Adjusted PS Ratio Chart

Altius Minerals Annual Data
Trend Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.87 20.81 14.91 19.48 27.50

Altius Minerals 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 17.58 19.08 22.85 27.50 31.70

Altius Minerals Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Altius Minerals'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.


Altius Minerals Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


TSX:ALS
70GF Score
Altius Minerals Corp TSX:ALS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Altius Minerals 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=62.23/1.54
=40.41

* 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.

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

For example, Altius Minerals'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)
=0.446/132.2623*132.2623
=0.446

Current CPI (Mar. 2026) = 132.2623.

Altius Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201604 0.059 101.370 0.077
201607 0.106 101.844 0.138
201610 0.126 102.002 0.163
201701 0.173 102.318 0.224
201704 0.176 103.029 0.226
201707 0.220 103.029 0.282
201710 0.281 103.424 0.359
201803 0.216 105.004 0.272
201806 0.294 105.557 0.368
201809 0.315 105.636 0.394
201812 0.309 105.399 0.388
201903 0.396 106.979 0.490
201906 0.352 107.690 0.432
201909 0.362 107.611 0.445
201912 0.313 107.769 0.384
202003 0.311 107.927 0.381
202006 0.244 108.401 0.298
202009 0.364 108.164 0.445
202012 0.512 108.559 0.624
202103 0.414 110.298 0.496
202106 0.492 111.720 0.582
202109 0.476 112.905 0.558
202112 0.533 113.774 0.620
202203 0.617 117.646 0.694
202206 0.572 120.806 0.626
202209 0.535 120.648 0.587
202212 0.446 120.964 0.488
202303 0.467 122.702 0.503
202306 0.357 124.203 0.380
202309 0.313 125.230 0.331
202312 0.287 125.072 0.303
202403 0.291 126.258 0.305
202406 0.412 127.522 0.427
202409 0.275 127.285 0.286
202412 0.246 127.364 0.255
202503 0.266 129.181 0.272
202506 0.208 129.892 0.212
202509 0.366 130.287 0.372
202512 0.298 130.366 0.302
202603 0.446 132.262 0.446

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 40.41 mean?
Altius Minerals (TSX:ALS) has a Cyclically Adjusted PS Ratio of 40.41 as of Jul. 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 Altius Minerals and its competitors. This is 76% above median its historical median of 22.99. Over the past decade, Altius Minerals' Cyclically Adjusted PS Ratio has ranged from 12.96 to 51.00. According to the industry distribution chart, Altius Minerals ranks #555 out of 574 companies in the Metals & Mining industry, placing it in the top 96.7%.
Is Altius Minerals' Cyclically Adjusted PS Ratio too high?
Altius Minerals' current Cyclically Adjusted PS Ratio of 40.41 is 76% above median its 10-year median of 22.99. Over the past 10 years, this metric has ranged from a low of 12.96 to a high of 51.00. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.24. Altius Minerals' value of 40.41 is 1704% above this industry median. Based on the distribution chart, Altius Minerals ranks #555 out of 574 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Altius Minerals has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Altius Minerals' Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Altius Minerals ranks #555 out of 574 companies for Cyclically Adjusted PS Ratio. This places Altius Minerals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.24. Altius Minerals' value of 40.41 is 1704% above this benchmark. Historically, Altius Minerals' own Cyclically Adjusted PS Ratio has ranged from 12.96 to 51.00 over the past decade. While the company's 10-year median is 22.99 vs. the industry median of 2.24, Altius Minerals 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 2.24, based on 574 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. Altius Minerals's current Cyclically Adjusted PS Ratio of 40.41 is 1704% 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 Altius Minerals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altius Minerals's current Cyclically Adjusted PS Ratio is 40.41, which is 76% above median its own 10-year median of 22.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altius Minerals stock overvalued right now?
Based on GuruFocus' analysis, Altius Minerals (TSX:ALS) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.32, compared to a current price of C$62.23 — trading 98.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 40.41, which is 76% above median its 10-year median of 22.99 and 1704% above the Metals & Mining industry median of 2.24. Altius Minerals' overall GF Score™ is 70/100 with 8 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 Altius Minerals (TSX:ALS), the current Cyclically Adjusted PS Ratio is 40.41 as of Jul. 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 Altius Minerals (TSX:ALS) Overvalued in 2026?

Based on GuruFocus' analysis, Altius Minerals stock appears to be overvalued. The current stock price of C$62.23 is trading 98.7% above its estimated GF Value™ of C$31.32. GuruFocus considers Altius Minerals to be Significantly Overvalued.

Key valuation signals for TSX:ALS:

  • Cyclically Adjusted PS Ratio: 40.41 (76% above median its 10-year median of 22.99)
  • GF Value™: C$31.32 vs. price of C$62.23 (98.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 1704% above the Metals & Mining median (#555 of 574)

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


Altius Minerals Business Description

Other Exchanges ATUSF:USA0UHC:UKVTM:Germany
Address 38 Duffy Place, 2nd Floor, St. John\'s, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, nickel, cobalt, lithium, potash, and iron ore. The corporation also holds other pre-development stage royalty interests and various earlier-stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties, and Project Generation. It generates the majority of its revenue from Mineral Royalties.
70GF Score

Get the complete analysis for TSX:ALS

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

C$62.23
Price
C$31.32
GF Value