Southstone Minerals (TSXV:SML) Cyclically Adjusted PS Ratio: 0.03 (As of Jul. 20, 2026) — 40% Below Median

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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.

What is Southstone Minerals Cyclically Adjusted PS Ratio?

Southstone Minerals TSXV:SML Cyclically Adjusted PS Ratio is 0.03 as of Jul. 20, 2026, which is 40% below its 10-year median of 0.05. The stock has 4 warning signs investors should review.

As of today (2026-07-20), Southstone Minerals's current share price is C$0.01. Southstone Minerals's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2026 was C$0.30. Southstone Minerals's Cyclically Adjusted PS Ratio for today is 0.03.

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

TSXV:SML' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.32
Current: 0.03

During the past years, Southstone Minerals's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.01. And the median was 0.05.

TSXV:SML's Cyclically Adjusted PS Ratio is not ranked
in the Metals & Mining industry.
Industry Median: 2.035 vs TSXV:SML: 0.03

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.

Southstone Minerals's adjusted revenue per share data for the three months ended in Feb. 2026 was C$0.150. 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$0.30 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southstone Minerals  (TSXV:SML) 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.


Southstone Minerals Cyclically Adjusted PS Ratio Related Terms


Southstone Minerals Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Southstone 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.

Southstone Minerals Cyclically Adjusted PS Ratio Chart

Southstone Minerals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.05 0.00 0.02 0.03

Southstone Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.03 0.03 0.03 0.03 0.03

Southstone Minerals Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Precious Metals & Mining subindustry, Southstone 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.


Southstone Minerals Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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



Southstone 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.01/0.30
=0.03

* 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.

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

For example, Southstone Minerals's adjusted Revenue per Share data for the three months ended in Feb. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.15/131.0772*131.0772
=0.150

Current CPI (Feb. 2026) = 131.0772.

Southstone Minerals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201605 0.211 101.765 0.272
201608 0.227 101.686 0.293
201611 0.214 101.607 0.276
201702 0.231 102.476 0.295
201705 0.183 103.108 0.233
201708 0.147 103.108 0.187
201711 0.154 103.740 0.195
201802 0.157 104.688 0.197
201805 0.161 105.399 0.200
201808 -0.370 106.031 -0.457
201811 0.021 105.478 0.026
201902 0.048 106.268 0.059
201905 0.031 107.927 0.038
201908 0.050 108.085 0.061
201911 0.127 107.769 0.154
202002 0.059 108.559 0.071
202005 0.018 107.532 0.022
202008 0.063 108.243 0.076
202011 0.058 108.796 0.070
202102 0.009 109.745 0.011
202105 0.011 111.404 0.013
202108 0.021 112.668 0.024
202111 0.011 113.932 0.013
202202 0.010 115.986 0.011
202205 0.004 120.016 0.004
202208 0.004 120.569 0.004
202211 0.031 121.675 0.033
202302 0.000 122.070 0.000
202305 0.009 124.045 0.010
202308 0.000 125.389 0.000
202311 0.000 125.468 0.000
202402 0.019 125.468 0.020
202405 0.024 127.601 0.025
202408 0.018 127.838 0.018
202411 0.005 127.838 0.005
202502 0.004 128.786 0.004
202505 0.039 129.813 0.039
202508 0.060 130.208 0.060
202511 0.079 130.682 0.079
202602 0.150 131.077 0.150

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 0.03 mean?
Southstone Minerals (TSXV:SML) has a Cyclically Adjusted PS Ratio of 0.03 as of Jul. 20, 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 Southstone Minerals and its competitors. This is 40% below median its historical median of 0.05. Over the past decade, Southstone Minerals' Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.32.
Is Southstone Minerals' Cyclically Adjusted PS Ratio too high?
Southstone Minerals' current Cyclically Adjusted PS Ratio of 0.03 is 40% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.32. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.04. Southstone Minerals' value of 0.03 is 98.5% below this industry median.
How does Southstone Minerals' Cyclically Adjusted PS Ratio compare to competitors?
Southstone Minerals' Cyclically Adjusted PS Ratio of 0.03 can be compared against companies in the Metals & Mining industry. The industry median Cyclically Adjusted PS Ratio is 2.04. Southstone Minerals' value of 0.03 is 98.5% below this benchmark. Historically, Southstone Minerals' own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.32 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 2.04, Southstone Minerals 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 2.04, 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. Southstone Minerals's current Cyclically Adjusted PS Ratio of 0.03 is 98.5% 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 Southstone Minerals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southstone Minerals's current Cyclically Adjusted PS Ratio is 0.03, which is 40% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southstone Minerals stock overvalued right now?
Southstone Minerals (TSXV:SML) has a current Cyclically Adjusted PS Ratio of 0.03. The current Cyclically Adjusted PS Ratio is 0.03, which is 40% below median its 10-year median of 0.05 and 98.5% below the Metals & Mining industry median of 2.04. 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 Southstone Minerals (TSXV:SML), the current Cyclically Adjusted PS Ratio is 0.03 as of Jul. 20, 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.

Southstone Minerals Business Description

Address 2751 Graham Street, Victoria, BC, CAN, V8T 3Z1
Southstone Minerals Ltd is a Canadian junior mining company engaged in the acquisition, exploration, evaluation, development, and mining of mineral properties. It holds the majority interest in the Oena Diamond Mine, an alluvial diamond property located in the Northern Cape Province, South Africa, that produces diamonds of varying sizes and characteristics, including occasional larger stones. The company generates revenue from the sale of diamonds.