Santacruz Silver Mining (TSXV:SCZ) Cyclically Adjusted PS Ratio: 5.10 (As of Sep. 12, 2026) — 177% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSXV:SCZ Santacruz Silver Mining Ltd TSXV:SCZ
58 GF Score
Price C$13.40
GF Value C$3.01
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Santacruz Silver Mining Cyclically Adjusted PS Ratio?

Santacruz Silver Mining TSXV:SCZ +0.45% 58 Cyclically Adjusted PS Ratio is 5.10 as of Sep. 12, 2026, which is 177% above its 10-year median of 1.84. GuruFocus rates TSXV:SCZ with a GF Score™ of 58/100 and a GF Value™ of C$3.01 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 577 Metals & Mining companies, Santacruz Silver Mining ranks worse than 71.92% on this metric.

As of today (2026-09-12), Santacruz Silver Mining's current share price is C$13.40. Santacruz Silver Mining's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was C$2.63. Santacruz Silver Mining's Cyclically Adjusted PS Ratio for today is 5.10.

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

TSXV:SCZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.51   Med: 1.84   Max: 9.51
Current: 5.07

During the past years, Santacruz Silver Mining's highest Cyclically Adjusted PS Ratio was 9.51. The lowest was 0.51. And the median was 1.84.

TSXV:SCZ's Cyclically Adjusted PS Ratio is ranked worse than
71.92% of 577 companies
in the Metals & Mining industry
Industry Median: 2.32 vs TSXV:SCZ: 5.07

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.

Santacruz Silver Mining's adjusted revenue per share data for the three months ended in Jun. 2026 was C$1.693. 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$2.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Santacruz Silver Mining  (TSXV:SCZ) 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.


Santacruz Silver Mining Cyclically Adjusted PS Ratio Related Terms


Santacruz Silver Mining Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Santacruz Silver 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.

Santacruz Silver Mining Cyclically Adjusted PS Ratio Chart

Santacruz Silver 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 1.98 1.52 0.71 0.62 5.85

Santacruz Silver Mining 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 2.04 5.19 5.85 4.91 3.49

Santacruz Silver Mining Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Santacruz Silver 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.


Santacruz Silver Mining Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


TSXV:SCZ
58GF Score
Santacruz Silver Mining Ltd TSXV:SCZ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Santacruz Silver 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.40/2.63
=5.10

* 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.

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

For example, Santacruz Silver Mining'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)
=1.693/133.5265*133.5265
=1.693

Current CPI (Jun. 2026) = 133.5265.

Santacruz Silver Mining Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.108 101.765 0.142
201612 0.065 101.449 0.086
201703 0.072 102.634 0.094
201706 0.083 103.029 0.108
201709 0.051 103.345 0.066
201712 0.128 103.345 0.165
201803 0.094 105.004 0.120
201806 0.151 105.557 0.191
201809 0.067 105.636 0.085
201812 0.084 105.399 0.106
201903 0.100 106.979 0.125
201906 0.126 107.690 0.156
201909 0.356 107.611 0.442
201912 0.259 107.769 0.321
202003 0.247 107.927 0.306
202006 0.153 108.401 0.188
202009 0.236 108.164 0.291
202012 0.199 108.559 0.245
202103 0.202 110.298 0.245
202106 0.217 111.720 0.259
202109 0.225 112.905 0.266
202112 0.214 113.774 0.251
202203 0.496 117.646 0.563
202206 1.913 120.806 2.114
202209 0.836 120.648 0.925
202212 1.014 120.964 1.119
202303 1.032 122.702 1.123
202306 0.942 124.203 1.013
202309 0.993 125.230 1.059
202312 0.858 125.072 0.916
202403 0.809 126.258 0.856
202406 1.094 127.522 1.146
202409 1.183 127.285 1.241
202412 1.322 127.364 1.386
202503 1.135 129.181 1.173
202506 1.072 129.892 1.102
202509 1.186 130.287 1.215
202512 1.517 130.366 1.554
202603 1.860 132.262 1.878
202606 1.693 133.527 1.693

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 5.10 mean?
Santacruz Silver Mining (TSXV:SCZ) has a Cyclically Adjusted PS Ratio of 5.10 as of Sep. 12, 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 Santacruz Silver Mining and its competitors. This is 177% above median its historical median of 1.84. Over the past decade, Santacruz Silver Mining's Cyclically Adjusted PS Ratio has ranged from 0.51 to 9.51. According to the industry distribution chart, Santacruz Silver Mining ranks #415 out of 577 companies in the Metals & Mining industry, placing it in the top 71.9%.
Is Santacruz Silver Mining's Cyclically Adjusted PS Ratio too high?
Santacruz Silver Mining's current Cyclically Adjusted PS Ratio of 5.10 is 177% above median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 9.51. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.32. Santacruz Silver Mining's value of 5.10 is 119.8% above this industry median. Based on the distribution chart, Santacruz Silver Mining ranks #415 out of 577 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Santacruz Silver Mining has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Santacruz Silver Mining's Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Santacruz Silver Mining ranks #415 out of 577 companies for Cyclically Adjusted PS Ratio. This places Santacruz Silver Mining in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.32. Santacruz Silver Mining's value of 5.10 is 119.8% above this benchmark. Historically, Santacruz Silver Mining's own Cyclically Adjusted PS Ratio has ranged from 0.51 to 9.51 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 2.32, Santacruz Silver Mining 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 2.32, based on 577 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. Santacruz Silver Mining's current Cyclically Adjusted PS Ratio of 5.10 is 119.8% 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 Santacruz Silver Mining and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santacruz Silver Mining's current Cyclically Adjusted PS Ratio is 5.10, which is 177% above median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santacruz Silver Mining stock overvalued right now?
Based on GuruFocus' analysis, Santacruz Silver Mining (TSXV:SCZ) is currently considered Significantly Overvalued. The stock's GF Value™ is C$3.01, compared to a current price of C$13.40 — trading 345.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.10, which is 177% above median its 10-year median of 1.84 and 119.8% above the Metals & Mining industry median of 2.32. Santacruz Silver Mining's overall GF Score™ is 58/100 with 5 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 Santacruz Silver Mining (TSXV:SCZ), the current Cyclically Adjusted PS Ratio is 5.10 as of Sep. 12, 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 Santacruz Silver Mining (TSXV:SCZ) Overvalued in 2026?

Based on GuruFocus' analysis, Santacruz Silver Mining stock appears to be overvalued. The current stock price of C$13.40 is trading 345.2% above its estimated GF Value™ of C$3.01. GuruFocus considers Santacruz Silver Mining to be Significantly Overvalued.

Key valuation signals for TSXV:SCZ:

  • Cyclically Adjusted PS Ratio: 5.10 (177% above median its 10-year median of 1.84)
  • GF Value™: C$3.01 vs. price of C$13.40 (345.2% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 119.8% above the Metals & Mining median (#415 of 577)

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


Santacruz Silver Mining Business Description

Other Exchanges SCZM:USA0R20:UK1SZ0:Germany
Address 1140 West Pender Street, Suite 480, Vancouver, BC, CAN, V6E 4G1
Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapa mine and processing plant, and Corporate and Other activities. Key revenue is generated from Zimapan.
58GF Score

Get the complete analysis for TSXV:SCZ

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

C$13.40
Price
C$3.01
GF Value