VTEXF (Develop Global) Cyclically Adjusted PS Ratio: 26.14 (As of Jul. 01, 2026) — 142% Above Median


VTEXF Develop Global Ltd VTEXF
50 GF Score
Price $3.66
GF Value $3.43
! 5 Warning Signs
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What is Develop Global Cyclically Adjusted PS Ratio?

Develop Global VTEXF 50 Cyclically Adjusted PS Ratio is 26.14 as of Jul. 01, 2026, which is 142% above its 10-year median of 10.82. GuruFocus rates VTEXF with a GF Score™ of 50/100 and a GF Value™ of $3.43. The stock has 5 warning signs investors should review. Among 576 Metals & Mining companies, Develop Global ranks worse than 88.72% on this metric.

As of today (2026-07-01), Develop Global's current share price is $3.66. Develop Global's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 was $0.14. Develop Global's Cyclically Adjusted PS Ratio for today is 26.14.

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

VTEXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.23   Med: 10.82   Max: 133
Current: 12.53

During the past 13 years, Develop Global's highest Cyclically Adjusted PS Ratio was 133.00. The lowest was 5.23. And the median was 10.82.

VTEXF's Cyclically Adjusted PS Ratio is ranked worse than
88.72% of 576 companies
in the Metals & Mining industry
Industry Median: 2.205 vs VTEXF: 12.53

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.

Develop Global's adjusted revenue per share data of for the fiscal year that ended in Jun25 was $0.559. 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 $0.14 for the trailing ten years ended in Jun25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Develop Global  (OTCPK:VTEXF) 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.


Develop Global Cyclically Adjusted PS Ratio Related Terms


Develop Global Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Develop Global'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.

Develop Global Cyclically Adjusted PS Ratio Chart

Develop Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 64.03 15.76 5.89 9.87

Develop Global Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 5.89 0.00 9.87 0.00

Develop Global Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Develop Global'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.


Develop Global Cyclically Adjusted PS Ratio vs Metals & Mining Industry

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

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


VTEXF
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Develop Global Ltd VTEXF
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Develop Global 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.

Develop Global's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.66/0.14
=26.14

* 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.

Develop Global's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun25 is calculated as:

For example, Develop Global's adjusted Revenue per Share data for the fiscal year that ended in Jun25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun25 (Change)*Current CPI (Jun25)
=0.559/131.5506*131.5506
=0.559

Current CPI (Jun25) = 131.5506.

Develop Global Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 0.000
201706 0.000 0.000
201806 0.000 0.000
201906 0.000 0.000
202006 0.000 0.000
202106 0.000 0.000
202206 0.022 0.000
202306 0.272 0.000
202406 0.432 0.000
202506 0.559 131.551 0.559

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 26.14 mean?
Develop Global (VTEXF) has a Cyclically Adjusted PS Ratio of 26.14 as of Jul. 01, 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 Develop Global and its competitors. This is 142% above median its historical median of 10.82. Over the past decade, Develop Global's Cyclically Adjusted PS Ratio has ranged from 5.23 to 133.00. According to the industry distribution chart, Develop Global ranks #511 out of 576 companies in the Metals & Mining industry, placing it in the top 88.7%.
Is Develop Global's Cyclically Adjusted PS Ratio too high?
Develop Global's current Cyclically Adjusted PS Ratio of 26.14 is 142% above median its 10-year median of 10.82. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 133.00. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.21. Develop Global's value of 26.14 is 1085.5% above this industry median. Based on the distribution chart, Develop Global ranks #511 out of 576 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Develop Global has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Develop Global's Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Develop Global ranks #511 out of 576 companies for Cyclically Adjusted PS Ratio. This places Develop Global in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.21. Develop Global's value of 26.14 is 1085.5% above this benchmark. Historically, Develop Global's own Cyclically Adjusted PS Ratio has ranged from 5.23 to 133.00 over the past decade. While the company's 10-year median is 10.82 vs. the industry median of 2.21, Develop Global 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 2.21, 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. Develop Global's current Cyclically Adjusted PS Ratio of 26.14 is 1085.5% 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 Develop Global and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Develop Global's current Cyclically Adjusted PS Ratio is 26.14, which is 142% above median its own 10-year median of 10.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Develop Global (VTEXF) has a current Cyclically Adjusted PS Ratio of 26.14. The stock's GF Value™ is $3.43, compared to a current price of $3.66 — trading 6.7% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 26.14, which is 142% above median its 10-year median of 10.82 and 1085.5% above the Metals & Mining industry median of 2.21. Develop Global's overall GF Score™ is 50/100 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 Develop Global (VTEXF), the current Cyclically Adjusted PS Ratio is 26.14 as of Jul. 01, 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 Develop Global (VTEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Develop Global stock appears to be overvalued. The current stock price of $3.66 is trading 6.7% above its estimated GF Value™ of $3.43.

Key valuation signals for VTEXF:

  • Cyclically Adjusted PS Ratio: 26.14 (142% above median its 10-year median of 10.82)
  • GF Value™: $3.43 vs. price of $3.66 (6.7% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 1085.5% above the Metals & Mining median (#511 of 576)

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


Develop Global Business Description

Other Exchanges IHB1:GermanyDVP:Australia
Address 234 Railway Parade, West Leederville, Perth, WA, AUS, 6007
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
50GF Score

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

$3.66
Price
$3.43
GF Value