Aya Gold & Silver (TSX:AYA) Cyclically Adjusted PS Ratio: 37.55 (As of Jul. 26, 2026) — 30% Above Median

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TSX:AYA Aya Gold & Silver Inc TSX:AYA
70 GF Score
Price C$27.79
GF Value C$70.06
Valuation Possible Value Trap
! 6 Warning Signs
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What is Aya Gold & Silver Cyclically Adjusted PS Ratio?

Aya Gold & Silver TSX:AYA -0.96% 70 Cyclically Adjusted PS Ratio is 37.55 as of Jul. 26, 2026, which is 30% above its 10-year median of 28.87. GuruFocus rates TSX:AYA with a GF Score™ of 70/100 and a GF Value™ of C$70.06 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 573 Metals & Mining companies, Aya Gold & Silver ranks worse than 96.86% on this metric.

As of today (2026-07-26), Aya Gold & Silver's current share price is C$27.79. Aya Gold & Silver's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$0.74. Aya Gold & Silver's Cyclically Adjusted PS Ratio for today is 37.55.

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

TSX:AYA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.83   Med: 28.87   Max: 51
Current: 37.53

During the past years, Aya Gold & Silver's highest Cyclically Adjusted PS Ratio was 51.00. The lowest was 6.83. And the median was 28.87.

TSX:AYA's Cyclically Adjusted PS Ratio is ranked worse than
96.86% of 573 companies
in the Metals & Mining industry
Industry Median: 2.12 vs TSX:AYA: 37.53

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.

Aya Gold & Silver's adjusted revenue per share data for the three months ended in Mar. 2026 was C$1.083. 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$0.74 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aya Gold & Silver  (TSX:AYA) 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.


Aya Gold & Silver Cyclically Adjusted PS Ratio Related Terms


Aya Gold & Silver Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Aya Gold & Silver'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.

Aya Gold & Silver Cyclically Adjusted PS Ratio Chart

Aya Gold & Silver 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 37.09 28.78 27.43 29.16 32.55

Aya Gold & Silver 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 26.77 26.60 30.83 32.55 28.66

TSX:AYA vs EXK: Cyclically Adjusted PS Ratio Comparison

For the Silver subindustry, Aya Gold & Silver'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.


Aya Gold & Silver Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Aya Gold & Silver's Cyclically Adjusted PS Ratio falls into.


TSX:AYA
70GF Score
Aya Gold & Silver Inc TSX:AYA
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aya Gold & Silver 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.

Aya Gold & Silver's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.79/0.74
=37.55

* 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.

Aya Gold & Silver's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Aya Gold & Silver'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)
=1.083/132.2623*132.2623
=1.083

Current CPI (Mar. 2026) = 132.2623.

Aya Gold & Silver Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.035 106.979 0.043
201906 0.025 107.690 0.031
201909 0.026 107.611 0.032
201912 0.033 107.769 0.040
202003 0.009 107.927 0.011
202006 0.035 108.401 0.043
202009 0.028 108.164 0.034
202012 0.132 108.559 0.161
202103 0.109 110.298 0.131
202106 0.123 111.720 0.146
202109 0.101 112.905 0.118
202112 0.093 113.774 0.108
202203 0.111 117.646 0.125
202206 0.101 120.806 0.111
202209 0.085 120.648 0.093
202212 0.132 120.964 0.144
202303 0.116 122.702 0.125
202306 0.111 124.203 0.118
202309 0.128 125.230 0.135
202312 0.116 125.072 0.123
202403 0.054 126.258 0.057
202406 0.138 127.522 0.143
202409 0.115 127.285 0.119
202412 0.100 127.364 0.104
202503 0.355 129.181 0.363
202506 0.383 129.892 0.390
202509 0.522 130.287 0.530
202512 0.697 130.366 0.707
202603 1.083 132.262 1.083

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 37.55 mean?
Aya Gold & Silver (TSX:AYA) has a Cyclically Adjusted PS Ratio of 37.55 as of Jul. 26, 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 Aya Gold & Silver and its competitors. This is 30% above median its historical median of 28.87. Over the past decade, Aya Gold & Silver's Cyclically Adjusted PS Ratio has ranged from 6.83 to 51.00. According to the industry distribution chart, Aya Gold & Silver ranks #555 out of 573 companies in the Metals & Mining industry, placing it in the top 96.9%.
Is Aya Gold & Silver's Cyclically Adjusted PS Ratio too high?
Aya Gold & Silver's current Cyclically Adjusted PS Ratio of 37.55 is 30% above median its 10-year median of 28.87. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 51.00. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.12. Aya Gold & Silver's value of 37.55 is 1671.2% above this industry median. Based on the distribution chart, Aya Gold & Silver ranks #555 out of 573 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Aya Gold & Silver has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aya Gold & Silver's Cyclically Adjusted PS Ratio compare to EXK?
According to the Metals & Mining industry distribution chart, Aya Gold & Silver ranks #555 out of 573 companies for Cyclically Adjusted PS Ratio. This places Aya Gold & Silver in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.12. Aya Gold & Silver's value of 37.55 is 1671.2% above this benchmark. Historically, Aya Gold & Silver's own Cyclically Adjusted PS Ratio has ranged from 6.83 to 51.00 over the past decade. While the company's 10-year median is 28.87 vs. the industry median of 2.12, Aya Gold & Silver 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 2.12, based on 573 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. Aya Gold & Silver's current Cyclically Adjusted PS Ratio of 37.55 is 1671.2% 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 Aya Gold & Silver and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aya Gold & Silver's current Cyclically Adjusted PS Ratio is 37.55, which is 30% above median its own 10-year median of 28.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aya Gold & Silver stock overvalued right now?
Based on GuruFocus' analysis, Aya Gold & Silver (TSX:AYA) is currently considered Possible Value Trap. The stock's GF Value™ is C$70.06, compared to a current price of C$27.79 — trading 60.3% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 37.55, which is 30% above median its 10-year median of 28.87 and 1671.2% above the Metals & Mining industry median of 2.12. Aya Gold & Silver's overall GF Score™ is 70/100 with 6 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 Aya Gold & Silver (TSX:AYA), the current Cyclically Adjusted PS Ratio is 37.55 as of Jul. 26, 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 Aya Gold & Silver (TSX:AYA) Overvalued in 2026?

Based on GuruFocus' analysis, Aya Gold & Silver stock appears to be undervalued. The current stock price of C$27.79 is trading 60.3% below its estimated GF Value™ of C$70.06. GuruFocus considers Aya Gold & Silver to be Possible Value Trap.

Key valuation signals for TSX:AYA:

  • Cyclically Adjusted PS Ratio: 37.55 (30% above median its 10-year median of 28.87)
  • GF Value™: C$70.06 vs. price of C$27.79 (60.3% below fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 1671.2% above the Metals & Mining median (#555 of 573)

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


Aya Gold & Silver Business Description

Other Exchanges AYA:USA0HE:Germany
Address 1320 Graham Boulevard, Suite 132, Mont-Royal, QC, CAN, H3P 3C8
Aya Gold & Silver Inc is a Canadian-based precious metals mining corporation active across the full mining life-cycle, from discovery and development through to production. It operates in Morocco. The company's flagship asset is the Zgounder Silver Mine, recognized for its rare, high-grade silver mineralization. The mine is located along the Anti-Atlas fault, one of North Africa's geologically rich and underexplored regions, known for hosting silver, gold, and base metal deposits. Aya also owns an 85% interest in the Boumadine polymetallic project, which is currently at the exploration and evaluation stage. It operates in single segment of mining industry and its products are precious metals ingots and concentrate which are refined or smelted into pure silver and sold to metal brokers.
70GF Score

Get the complete analysis for TSX:AYA

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

C$27.79
Price
C$70.06
GF Value