Jaguar Mining (TSX:JAG) Cyclically Adjusted PS Ratio: 1.49 (As of Aug. 07, 2026) — 14800% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:JAG Jaguar Mining Inc TSX:JAG
62 GF Score
Price C$6.71
GF Value C$3.85
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Jaguar Mining Cyclically Adjusted PS Ratio?

Jaguar Mining TSX:JAG +7.02% 62 Cyclically Adjusted PS Ratio is 1.49 as of Aug. 07, 2026, which is 14800% above its 10-year median of 0.01. GuruFocus rates TSX:JAG with a GF Score™ of 62/100 and a GF Value™ of C$3.85 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 576 Metals & Mining companies, Jaguar Mining ranks better than 61.11% on this metric.

As of today (2026-08-07), Jaguar Mining's current share price is C$6.71. Jaguar Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was C$4.49. Jaguar Mining's Cyclically Adjusted PS Ratio for today is 1.49.

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

TSX:JAG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 1.95
Current: 1.4

During the past years, Jaguar Mining's highest Cyclically Adjusted PS Ratio was 1.95. The lowest was 0.01. And the median was 0.01.

TSX:JAG's Cyclically Adjusted PS Ratio is ranked better than
61.11% of 576 companies
in the Metals & Mining industry
Industry Median: 2.14 vs TSX:JAG: 1.40

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.

Jaguar Mining's adjusted revenue per share data for the three months ended in Mar. 2026 was C$0.705. 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$4.49 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jaguar Mining  (TSX:JAG) 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.


Jaguar Mining Cyclically Adjusted PS Ratio Related Terms


Jaguar Mining Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Jaguar 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.

Jaguar Mining Cyclically Adjusted PS Ratio Chart

Jaguar 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 0.01 0.01 0.03 0.38 1.52

Jaguar Mining 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 0.51 0.62 1.11 1.52 1.57

TSX:JAG vs NEM, AU: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Jaguar 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.


Jaguar Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


TSX:JAG
62GF Score
Jaguar Mining Inc TSX:JAG
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jaguar 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.

Jaguar Mining's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.71/4.49
=1.49

* 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.

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

For example, Jaguar Mining'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)
=0.705/132.2623*132.2623
=0.705

Current CPI (Mar. 2026) = 132.2623.

Jaguar Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.480 102.002 4.512
201609 3.054 101.765 3.969
201612 3.632 101.449 4.735
201703 1.272 102.634 1.639
201706 1.001 103.029 1.285
201709 0.984 103.345 1.259
201712 1.045 103.345 1.337
201803 1.004 105.004 1.265
201806 0.924 105.557 1.158
201809 0.999 105.636 1.251
201812 0.874 105.399 1.097
201903 0.872 106.979 1.078
201906 0.968 107.690 1.189
201909 0.416 107.611 0.511
201912 0.524 107.769 0.643
202003 0.588 107.927 0.721
202006 0.797 108.401 0.972
202009 0.789 108.164 0.965
202012 0.753 108.559 0.917
202103 0.542 110.298 0.650
202106 0.604 111.720 0.715
202109 0.703 112.905 0.824
202112 0.746 113.774 0.867
202203 0.535 117.646 0.601
202206 0.661 120.806 0.724
202209 0.688 120.648 0.754
202212 0.668 120.964 0.730
202303 0.666 122.702 0.718
202306 0.606 124.203 0.645
202309 0.572 125.230 0.604
202312 0.601 125.072 0.636
202403 0.552 126.258 0.578
202406 0.764 127.522 0.792
202409 0.654 127.285 0.680
202412 0.761 127.364 0.790
202503 0.494 129.181 0.506
202506 0.617 129.892 0.628
202509 0.583 130.287 0.592
202512 0.621 130.366 0.630
202603 0.705 132.262 0.705

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 1.49 mean?
Jaguar Mining (TSX:JAG) has a Cyclically Adjusted PS Ratio of 1.49 as of Aug. 07, 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 Jaguar Mining and its competitors. This is 14800% above median its historical median of 0.01. Over the past decade, Jaguar Mining's Cyclically Adjusted PS Ratio has ranged from 0.01 to 1.95. According to the industry distribution chart, Jaguar Mining ranks #224 out of 576 companies in the Metals & Mining industry, placing it in the top 38.9%.
Is Jaguar Mining's Cyclically Adjusted PS Ratio too high?
Jaguar Mining's current Cyclically Adjusted PS Ratio of 1.49 is 14800% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.95. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.14. Jaguar Mining's value of 1.49 is 30.4% below this industry median. Based on the distribution chart, Jaguar Mining ranks #224 out of 576 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Jaguar Mining has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jaguar Mining's Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Jaguar Mining ranks #224 out of 576 companies for Cyclically Adjusted PS Ratio. This puts Jaguar Mining in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.14. Jaguar Mining's value of 1.49 is 30.4% below this benchmark. Historically, Jaguar Mining's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 1.95 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 2.14, Jaguar Mining has consistently been below 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 2.14, based on 576 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. Jaguar Mining's current Cyclically Adjusted PS Ratio of 1.49 is 30.4% below 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 Jaguar Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaguar Mining's current Cyclically Adjusted PS Ratio is 1.49, which is 14800% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaguar Mining stock overvalued right now?
Based on GuruFocus' analysis, Jaguar Mining (TSX:JAG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.85, compared to a current price of C$6.71 — trading 74.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.49, which is 14800% above median its 10-year median of 0.01 and 30.4% below the Metals & Mining industry median of 2.14. Jaguar Mining's overall GF Score™ is 62/100 with 4 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 Jaguar Mining (TSX:JAG), the current Cyclically Adjusted PS Ratio is 1.49 as of Aug. 07, 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 Jaguar Mining (TSX:JAG) Overvalued in 2026?

Based on GuruFocus' analysis, Jaguar Mining stock appears to be overvalued. The current stock price of C$6.71 is trading 74.3% above its estimated GF Value™ of C$3.85. GuruFocus considers Jaguar Mining to be Significantly Overvalued.

Key valuation signals for TSX:JAG:

  • Cyclically Adjusted PS Ratio: 1.49 (14800% above median its 10-year median of 0.01)
  • GF Value™: C$3.85 vs. price of C$6.71 (74.3% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 30.4% below the Metals & Mining median (#224 of 576)

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


Jaguar Mining Business Description

Other Exchanges JAGGF:USA32JP:Germany
Address 25 Adelaide Street East, Suite 1400, Toronto, ON, CAN, M5C 3A1
Jaguar Mining Inc is a junior gold mining company. The company is engaged in producing gold, development, and exploration company operating in the Iron Quadrangle, a prolific greenstone belt located in Minas Gerais, Brazil. The company is focused on the acquisition, exploration, development, and operation of gold-producing properties in Brazil. The principal operating assets of the company are the MTL Complex, Caete Complex, Paciencia Complex, Faina Project, Oncas De Pitangui Project, and others. The company also owns the Paciencia Gold Mine Complex.
62GF Score

Get the complete analysis for TSX:JAG

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

C$6.71
Price
C$3.85
GF Value