Almadex Minerals (TSXV:DEX) Cyclically Adjusted PS Ratio: 8.23 (As of Sep. 19, 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

TSXV:DEX Almadex Minerals Ltd TSXV:DEX
57 GF Score
Price C$0.40
GF Value C$2.44
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Almadex Minerals Cyclically Adjusted PS Ratio?

Almadex Minerals TSXV:DEX -3.66% 57 Cyclically Adjusted PS Ratio is 8.23 as of Sep. 19, 2026. GuruFocus rates TSXV:DEX with a GF Score™ of 57/100 and a GF Value™ of C$2.44 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 579 Metals & Mining companies, Almadex Minerals ranks worse than 172711.4% on this metric.

As of today (2026-09-19), Almadex Minerals's current share price is C$0.395. Almadex Minerals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was C$0.05. Almadex Minerals's Cyclically Adjusted PS Ratio for today is 8.23.

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

TSXV:DEX's Cyclically Adjusted PS Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.29
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Almadex Minerals's adjusted revenue per share data of for the fiscal year that ended in Dec25 was C$0.012. 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$0.05 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Almadex Minerals  (TSXV:DEX) 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.


Almadex Minerals Cyclically Adjusted PS Ratio Related Terms


Almadex Minerals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Almadex 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.

Almadex Minerals Cyclically Adjusted PS Ratio Chart

Almadex Minerals 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 11.88

Almadex Minerals 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 11.88 10.00 8.16

TSXV:DEX vs NEM, AU: Cyclically Adjusted PS Ratio Comparison

For the Gold subindustry, Almadex 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.


Almadex Minerals Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


TSXV:DEX
57GF Score
Almadex Minerals Ltd TSXV:DEX
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almadex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.395/0.048
=8.23

* 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.

Almadex Minerals's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Almadex Minerals's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=0.012/130.3661*130.3661
=0.012

Current CPI (Dec25) = 130.3661.

Almadex Minerals Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 0.000 101.449 0.000
201712 0.000 103.345 0.000
201812 0.000 105.399 0.000
201912 0.000 107.769 0.000
202012 0.000 108.559 0.000
202112 0.000 113.774 0.000
202212 0.113 120.964 0.122
202312 0.010 125.072 0.010
202412 0.000 127.364 0.000
202512 0.012 130.366 0.012

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 8.23 mean?
Almadex Minerals (TSXV:DEX) has a Cyclically Adjusted PS Ratio of 8.23 as of Sep. 19, 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 Almadex Minerals and its competitors. According to the industry distribution chart, Almadex Minerals ranks #999999 out of 579 companies in the Metals & Mining industry.
Is Almadex Minerals' Cyclically Adjusted PS Ratio too high?
Almadex Minerals' current Cyclically Adjusted PS Ratio is 8.23. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.29. Almadex Minerals' value of 8.23 is 259.4% above this industry median. Based on the distribution chart, Almadex Minerals ranks #999999 out of 579 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Almadex Minerals has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Almadex Minerals' Cyclically Adjusted PS Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Almadex Minerals ranks #999999 out of 579 companies for Cyclically Adjusted PS Ratio. This places Almadex Minerals in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.29. Almadex Minerals' value of 8.23 is 259.4% above this benchmark. 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 2.29, based on 579 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. Almadex Minerals's current Cyclically Adjusted PS Ratio of 8.23 is 259.4% 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 Almadex Minerals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almadex Minerals's current Cyclically Adjusted PS Ratio is 8.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almadex Minerals stock overvalued right now?
Based on GuruFocus' analysis, Almadex Minerals (TSXV:DEX) is currently considered Possible Value Trap. The stock's GF Value™ is C$2.44, compared to a current price of C$0.40 — trading 83.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 8.23 and 259.4% above the Metals & Mining industry median of 2.29. Almadex Minerals' overall GF Score™ is 57/100 with 3 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 Almadex Minerals (TSXV:DEX), the current Cyclically Adjusted PS Ratio is 8.23 as of Sep. 19, 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 Almadex Minerals (TSXV:DEX) Overvalued in 2026?

Based on GuruFocus' analysis, Almadex Minerals stock appears to be undervalued. The current stock price of C$0.40 is trading 83.8% below its estimated GF Value™ of C$2.44. GuruFocus considers Almadex Minerals to be Possible Value Trap.

Key valuation signals for TSXV:DEX:

  • Cyclically Adjusted PS Ratio: 8.23
  • GF Value™: C$2.44 vs. price of C$0.40 (83.8% below fair value)
  • GF Score™: 57/100 with 3 warning signs
  • Industry Position: 259.4% above the Metals & Mining median (#999999 of 579)

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


Almadex Minerals Business Description

Other Exchanges AAMMF:USA8X9:Germany
Address 1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9
Almadex Minerals Ltd is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada, the United States, and Mexico. The company's projects include Davis and Paradise Valley properties, the Logan project, Nicoamen, Confusion Hill, Pilot, Lac de Gras, and other properties. It has one reportable operating segment, the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico.
57GF Score

Get the complete analysis for TSXV:DEX

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

C$0.40
Price
C$2.44
GF Value